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Tracker Product
I am nearing my current mortgage deal. I am moving to a new home in 2 months. Will banks frown upon or charge me for being on a tracker product for just 2 months and then moving it to a BTL product? There is an ideal product for me offered by the bank which is tracker + no product fee which will put me on the current…
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Adverse Broker - 20% Deposit £125k required
Hi All Second post from me and a more direct enquiry this time. We have identified a property and made an offer (waiting to see) but its likely we will need to move to mortgage application quickly if we get accepted. We have been working with an awesome broker but circumstances have made their services unavailable for the…
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Finally completed, thank you!!!
Hi all, I just wanted to send a message of thanks to all that helped me during my house buying process. It was a long and bumpy journey that was filled with a lot of anxiety and sleepless nights. It truly is one of the most stressful things you can do. We finally completed on our purchase today. I, being the neurotic mess…
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retirement mortgages
Hi All, can anyone advise on retirement mortgage/equity release, please? Our house is modern timber frame, built to a high standard and meets current building reg standards, but it appears that mortgage companies are reluctant to lend on anything that's not "traditional construction" by which they mean brick. I can't…
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Mortgage Prisoner - First Direct
I have been with First Direct for over a decade and have been very happy with them....until the last few years. I have an off-set/interest only mortgage and now their rates are completely uncompetitive in comparison to other providers (roughly 3 times the interest rates of the best suppliers like Scottish Widows). * I run…
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Help to buy coming to an end
My help to buy is coming to an end, I want to remortgage to pay back my 20% but don’t know where to start, I know I need to get my house valued but even that prices are between £200-£600? Where do I start
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mortgage worries
Hi. Im looking for some sound advice before my daughter drives herself mad with worry Her and her fiance put an offer in on a house which was accepted. They had a mortgage in principal . and mortgage payment monthly is within their budget. Their mortgage advisor has now stated that the fact that her partner had one months…
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Mortgage to include renovations? FTB
Hi all. I am a first time buyer but my circumstances are a little different. I currently have my eye on a fixer upper house. I know the seller is only accepting offers from cash buyers, which I couldn’t do myself. Fortunately, my parents are in a position to buy the property cash for me, on the understanding I would then…
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Clydesdale Remortgage Nightmare
Hi everyone, I've been a lurker for a while. Thought I'd share my experience with Clydesdale (still awaiting an offer). I went through a broker (a very large broker, which MSE highly recommend). I've used them a few years ago when I bought my house, so I thought, might as well give them the opportunity again. In hindsight…
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Concrete construction
So started looking at houses and seen one of interest to me. However it seems to be of concrete construction, having a quick look around it seems that mortgages are a bit more difficult to come by than for a standard brick built, are they much tougher to get and how bigger a deposit would I need for a decent rate on a…
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Overpayments vs Part Redemption
Hi All, Today I learnt something interesting that I am still querying. I am overpaying my mortgage as much as I can in order to be mortgage free as early as possible. On my Barclays mortgage, I have a 10% overpayment limit. So, at the beginning of my mortgage year, I was calculating 10% of my mortgage balance and dividing…
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Getting a mortgage after a DMP
Hi everyone, Just looking for some advice really. Three years ago I started a debt management plan - I've since paid everything off (as of August 2020) and, with my partner, have now saved enough for a deposit for a house (approx £36,000 at the moment give or take) BTW my credit file doesn't have any missed payments or any…
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YBS Mortgage
Just wanted to start a post on Yorkshire Building Society mortgages as it doesn't seem to be any recent posts about it. As FTB, we've used the forum to learn a lot during our buying process and would like to share our experience in case others are interested in the process of applying to YBS. They don't work with brokers…
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Ex adding more to joint mortgage
I’m stuck on a mortgage with my ex. (children live there) she’s living there with her husband so I no longer pay towards the mortgage. they’ve changed it to interest only and have not paid it in over 12 months. (And prior to that there was periods they didn’t pay too) she’s trying to consolidate the arrears onto the end of…
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Trying my best to buy my first house...
Me and my partner are in our 30s trying to buy our first home. Positives * The mortgage is a really small amount (We are buying the home we are currently renting) * Our deposit is 15% * We both have permanent full time secure jobs * Our bills are all paid on time from our joint account. * We have life insurance. * We pay…
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Mortgage Appeal - Nationwide
Hi, I have a mortgage currently with Nationwide and am looking to port my mortgage and borrow some more on top. Got a 25% deposit from equity on sale of my home. House is £147,995, asking for mortgage of £110,000 roughly., my current mortgage is £71k, so not asking for much more. Went through the appointment with Mortgage…
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Tipton & C building society mortgage
Hi everyone , me and my partner have been offered an AIP by Tipton , does anyone know how good they are ? I’ve looked at reviews and some people say amazing but some have been saying they’ve applied , waited 3 months just to be declined which I obviously don’t want ! Any help would be appreciated
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Not sure if I’m a write off
Hi all I’ve searched and searched and yet to find an answer or similar situation. So the long and short of it current situation husband purchased house 2.5 years ago his name only due to me writing myself off with a previous bankruptcy on file (2009)(marriage separation) and adverse credit, as it stands we have around 19k…
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Why NatWest ask same documents multiple times?
I am so worried that I can’t afford to buy the house if I miss the stamp duty holiday. We have a great solicitor, he got everything really for us to complete in June. But ...we still haven’t received any mortgage offers....We bought life time mortgage and paid everything in advance as we trust the MB at the beginning. He…
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Nottingham Building Society Mortgage
Anyone presently going through a mortgage application with Nottingham SC it has been through one? just interested in the timeframes, stages, experiences etc
