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Mortgage overpayments now match outstanding balance, what to do...
Hi, I've been overpaying my mortgage for a while now and the overpayments have matched the outstanding balance for a few years. I can withdraw the overpayments and restart monthly payments if I wish but I don't see me ever needing to do that. Apart from that option, I don't see any benefit in not finalising the deal and…
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Mortgage overpayment question
I currently have a mortgage with NatWest which I took out a five year fixed deal at 2.9%. I am just over a year into the mortgage and I have made a lump sum overpayment of 10%. I thought making an overpayment would reduce the time on my mortgage and I would just carry on paying my usual monthly payments. I’ve had a letter…
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Existing customer-Nationwide-Moving home
Good morning! :) We currently have a 2 year fixed mortgage with Nationwide that finishes the end of Feb 21. We are looking at moving to a bigger home and I have started looking round at mortgages on the market, we would be looking at 90% LTV and obviously there aren't many going about. Is Nationwide really the only…
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Gifted deposit problems
Lender is requesting for proof of funds from my brother who had given me £6000 as a gift towards my mortgage and he's reluctant to provide it. Can I retract the gift deposit form I had already submitted to the lender and delay the contract exchange for about 5wks since the house completion won't be until end of February…
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Changing property after Barclays approval
Hi Guys Just wondering whether anyone has had any experience in changing property after a mortgage was offered by Barclays. We were offered a mortgage in August which is valid till January. For whatever reason it didn’t work out with the house we were looking at. Have found another property and would fall in similar LTV…
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6 years and still trying
So 6 years ago I split from my ex, he wanted to keep the property which was fine and i moved with kids to a rented property. The agreement was within a year he would sort finances and remove me from the mortgage. 6 years on I had to hire a solicitor to threaten him with force of sale. We're now in the process of getting me…
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Anyone had a Mortgage Approved with Bluestone on a Barratt Timberframe build
The property I am buying is a timber frame with brick build by Barratt Homes. Has anyone bought a house like this and used bluestone as their mortgage provider? If so any issues?
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Mortgage end of next year or am I being too ambitious?
my credit score is poor however I have no ccjs defaults, but do have about 8 missed payments for nationwide 4 for each loan I work for a bank full time and been ther about 4 years Also when I went university I had lots of different accounts over 10 years now, this has now dropped off, however none of those banks would give…
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Extremely Slow Mortgage Advisor
Hi, I'm after some advice please. I had an offer accepted on a house on Friday 2nd October 2020. On the same day I emailed my mortgage advisor to let her know I was ready to apply for a mortgage. I hadn't had a response so on the following Tuesday I called and her receptionist told me she was on another line and would call…
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Halifax Mortgage - After PaydayLoans
I have recently applied for a mortgage with Halifax after having 6 payday loans in the last 12 months.l - last one was February. All paid on time and settled early. It was around Christmas time and I knew I could pay them all off in March early when I got my annual bonus. At this time I wasn’t planning on moving home but…
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FHTB Policy Help
Hello Can someone help me decipher Point D of this, we've done the calculations for sentence one and sentence two but unsure how these two numbers interact or what this means for our entitlement. We have barely any of the capital leftover from the sale so unsure how this will be taken into account. Thanks
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Fixed rate coming to an end. 76% LTV
Hello all, I'm hoping to get some thoughts and the general feeling of the way house prices and mortgage rates might go in the next 3 months or so. I know no one has a crystal ball, but any input would be very welcome. As the house price sub-forum is currently closed I thought people here might have some opinions on prices.…
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Cheaper rate vs support from broker
Hi everyone, We're FTBs facing a dilemma in applying for a mortgage - our broker is not whole of market and has suggested we go with HSBC at 2.84% + £1000 fees. However we've found a mortgage with Yorkshire building society at 2.7% and only £90 fees - neither our broker nor Habito work with YBS and wouldn't be able to help…
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Newcastle BS product transfer.
My husband has changed his employed status to self-employed, therefore we need to stay with our current lender - Newcastle Building Society. Our 2 years fixed rate offer ends on 31st January 21. We borrowed £142 500 with deposit £7500 (95% LTV) Rate: 3,69%. Term: 30 years. Has anyone got any idea what would they offer for…
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Can I able to two lenders ? Current lender will take too long
Hello. I am having to apply with Kensington due to historical defaults ( 5 years old). They have now asked for a piece of information which will take weeks to obtain. After some research, I have found a new lender called Generation Home. They would consider my application and act alot quicker. They are not available via a…
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Mortgage Start Date
Received offer the other day, in the pack the mortgage has an assumed start date of 1st December. I'm hoping to exchange and complete by the end of October or first week of November, if everything else is in order, which I think it is. Can the Mortgage start before December?
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Endowment About to Mature
My endowment will mature soon. I did the sensible thing and started to pay off the capital from around 8 years ago and there's about 8k left. The endowent fund team say that I can extend the plan as long as the mortgage is extended. I don't think the plan follows ftse entirely but certain aspects do eg, before covid, it…
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Sub acc
Can I pay off in full a sub account on my Halifax mortgage?
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WHAT SHOULD I DO WITH MY CREDIR CARD?
I will be applying for a mortgage and I have two credit cards that I paid off. The reason I have two is because I had to balance transfer to two cards due to my balance. i have read that I should keep credit card accounts open but I don’t want to leave them both open. Should I close the one card with the higher credit…
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Rent free living at daughters property
Around about a month ago my wife and I decided to gift our
daughter 40k ( with no requirement to pay it back) to help her buy her first
home. She successfully applied for a mortgage and completed the required forms.
This included ticking the box stating that there would be no one else living
with her. Since then my…
