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Early repayment charges on TSB
The wording on the website is above. Does this mean I can make an overpayment of 10% in a year? Or that my total repayment in a year is capped at 10% to avoid charge?
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First time buyers going through application process with Halifax Oct 2020
Hi everyone :) My partner and I are first time buyers and submitted our mortgage application through our MB on the 22nd of September to Halifax. My partner has a few defaults on his account which were satisfied way back when and are due to drop off his credit report by October 2021. He has an ok credit rating (badly…
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Joint Tenancy severance
I am trying to change ownership from joint tenancy to tenancy in common but this is proving to be rather expensive with charges ranging from £200 - £260. Can you recommend a cheaper reliable firm to help?
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Balance transfer credit card timing pre-remortgage ?
Hoping someone can help. My boyfriend has a credit card with c.£8,000 debt. He earns c.£70k per year and the monthly payments of £200 aren't a struggle for him to afford, BUT they mainly go on paying interest as it’s at about 19% (he is not an MSE aficionado sadly). I’ve advised him to balance transfer to 0% card ASAP (The…
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Transferring mortgage application
Me and my partner put a mortgage application for a 90% LTV 2.99% product with Nationwide on the 30th of July. The application progressed slowly as we kept getting asked for further documents (three times in total). They finally accepted the documents and instructed the survey on the 12th of October. Unfortunately on the…
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Knowing when to repay
About three months ago I bought
my new house. I ported over my previous mortgage, about £46k, as I was still in
a good fixed interest rate period (about 2 years to go) and borrowed an
additional amount £26k, on top on another fixed rate (5 years) mortgage. Due to a recent bereavement in
the family I will end up with enough…
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Execution mortgage
I am applying for a remortgage with the same bank. I have ticked a few boxes (they did not ask if I was in the same job etc) and I have been sent an 'Execution only' declaration due to me not getting any advice. Although I know I can afford the monthly payments, I cannot find what I am not covered for under the FCA rules,…
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How do you calculate the daily interest rate on your mortgage?
I have begun to make little overpayments to my mortgage. How do you calculate the daily interest rate please. It is £228,500 over 19 years at 1.99% currently paying £1,170 per month.
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Do I clear mortgage?
Getting close to mortgage freedom. What happens when you make that last payment? Should you make a last payment or should you retain a small mortgage? I will probably never require a decent credit rating again, but who knows, and not having a mortgage will probably effect that. I have £18200 available on credit cards and…
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Update on EWS1 for flats under 18mtres
Hi all, Having read a few horror stories, I was just wondering if anyone had any updates on this process? RICS have on their website that they are only needed if the surveyor requests one, but the mortgage brokers of the buyers of my flat have already asked for this. Is this likely to cause us issues? We have only 3…
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Second Income/Student/Stamp Duty Dilemma
Hi all, Hope you are all keeping safe and well. Its never simple with us! Little back story - I have always been a teacher and my other half a professional footballer - full time until recently where he also decided to train as a teacher. Currently he's not paid for this. I know from experience that lenders will accept…
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What options do we have?! Are we trapped?!
Hi all, grateful for any help/ advice. We currently live in a 2 bed house which we love and we love where we live. However with us and our little one we are rapidly running out of room! Before our baby was born our mortgage deal ended so we took a new rate and fixed for 10 years. It is a good rate and we wanted to know…
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Credit card use post offer / pre-completion
Hi, quick question. I had a full offer from NatWest 4 months ago now (6 month offer period as it’s a new build). My application was based on nil credit. I have used an existing credit card throughout the period of post offer but pre-completion to buy anything online (as I would do outside of a mortgage process). Rather…
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Lloyds Not Sending e-DS1
I need urgent help PLEASE, i had secured business loan on my property from Lloyds Bank. I have paid off all loan on 07/2020. We have applied them to remove their charges on Land Registry. But they says they are working at home due to COVID 19, they keep opening cases and escalating. But still lloyds charge is not removed…
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Mortgage to Buy siblings out of inherited property
I am about to inherit a share of a property with my 3 siblings and mum. I want to buy them out and can raise around 32.5% deposit (including my inheritence share of the total value which means I will need to raise a mortgage of around 67.5% in order for me to be able to buy the house. Unfortunately due to covid my salary…
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Mortgage offer
Hi guys I just got my mortgage offer from the same bank which I had default credit card account with, the default was removed from my credit file in 2018, it is no longer in my credit file, I m just bit nervous what if the bank withdraw the offer last minute before exchange, my broker is telling me not to worry as bank…
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Deeds of consent
Hi all. We have just been given our mortgage offer, woohoo, and one of the conditions is that our 17 year old daughter signs a deed of consent. We are first time buyers and have no idea what this actually means!!!! Any help would be greatly appreciated! Thankyou
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11 week wait for mortgage offer!!!
Has anyone been waiting an absurd amount of weeks for a mortgage offer?? I had a broker give in a mortgage application to natwest 11 weeks ago. The broker says he is chasing them up all the time and iv rang natwest a few times. They keep saying they are reviewing it and they hav asked for even more payslips. I know its not…
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Any Recent Yorkshire Building Society applicants?
Just wondering if anyone is in the process of taking a mortgage with them or already has one, and any problems that you might have had? Expected timescales? They have a good 5 year fixed-rate, 85% LTV, no fees, 2.88% interest, for first-time buyers which I am going to apply for tomorrow with my partner.
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Preparing for divorce
Hello, I hope someone might be able to give me some advice, I am planning to split up with my husband over the coming months, due to a number of factors (alcohol, recreational drugs and he was texting other women) Over the last month I have been paying back the overdraft on our joint account this will be all paid by…
