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Santander Mortgage Early Repayment Fee
Hi I currently have just over 100k left on my mortgage. It's a fixed rate so I have an ERC of just over 5k if I repay within the next 5 years. In the next few weeks, I am due to receive £100k which I want to use to pay off as much of my mortgage as I can. Does anyone know how this would work? Would the 5k ERC just get…
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Accord mortgages first time buyer
Hello everyone , need urgent advice , me and my partner are both going through getting an AIP at the moment , hsbc refused to give us an AIP due to our age ( we are both 20 ) , I’m a gas engineer and earn £45000 a year and my partner is self employed but due to the fact that we have to apply with her latest tax year…
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Monmouthshire Building Society - timescales?
I wondered if anybody has any experience with Monmouthshire building society? Does anyone know how long their current mortgage process takes? Our application went in last Tuesday and was passed to the underwriter last Friday saying we'd passed credit checks and minimum packaging requirements. They also instructed the…
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Mortgage with CCJ's and Recent Late Payments
Pretty sure I know the answer to this but thought I'd get some opinions before making formal enquiries. I've got 4 historic CCJ's on my credit report with the most recent one being 4 years ago. All satisfied now. I also have some recent late payments on a mortgage of a property I'm looking to sell. My initial plan was to…
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Mortgage application query - New job/Current job
Hello all, I have a query regarding my current situation. My partner and I have started the process of buying a new build house. We have an agreement in principle based on our current financial situations. It is all affordable and we have been accepted for the house and can move forward. Now, this isn't a mortgage offer…
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Deed Store account halifax and building insurance
I had to help an elderly relative, who is becoming a bit forgetful, to sort out some paperwork and came across her building insurance renewal from the halifax. Her mortgage is paid off but the halifax have got her deeds and the building insurance is linked to her mortgage account. The renewal is over £400 and she has now…
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Conveyancing Fees
You get what you pay for...looking at quotes for conveyancing remortgage. Has anyone had experience with these companies below? Thank you for any advice. v v v v v Conveyancing Warehouse https://www.conveyancing-warehouse.com/ Mortgage advance:- £103,000.00Legal Fee :£395.00Telegraphic Transfer fee :£37.50VAT…
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Re-mortgage with E.R.P's or stay with current deal.
Hi All, My family and I are currently on an HSBC mortgage for our residence and owe approx. £129,800. We paid just over £3000 in interest in the last calendar year on that debt. Our deal ends in March 22 and as of Jan 21 statement the early repayment charges of £1400 are in effect until the deal ends. My question is, given…
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Adding partner to mortgage
Hi, looking for some advice please. I live with my partner in his home which he owns. We are not married and have 1 child. I believe he has around 15 years left on his mortgage. His house needs a lot of work which he’s struggling to complete. He has another property which he rents out, but the tenant has been hit hard with…
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Nationwide mortgage terminology
One of our NW mortgages is £ 142k and the tracker is expiring at the end of June, currently 0.79% the online portal provides me some options * Lowest cost deal * £999 product fee upfront * £999 product fee added to loan * No product fee anyone know what Lowest cost deal actually means? I'll be going for a tracker as I need…
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Fee or No Fee comparison
Hi, I'm coming to the end of a 5-year fixed rate term and have spoken to a mortgage advisor at my existing provider about options for a product transfer. I have approximately £80,000 outstanding on the debt and below 60% LTV. We've established another 5-year fix is right, however they are advising a 1.59% interest rate…
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Mortgage with older default
Hi all, after some opinions/advice. I have a default on my credit record for about £1.5k from 31/07/2015, so it will be gone in 6 weeks or so. (It was for a Credit Card that was passed to a debt collection company) Originally I was going to wait before applying for a mortgage until August, however I have seen a property I…
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Obtaining an AIP
Hi, I'm trying to find the best mortgage brokers to try, who don't charge insane up front fees and who deals with adverse credit? Right now I want to obtain an AIP, sell up and move but due to the stamp duty levy, drawing to a close, have been advised by my old MA to wait until next year once it's all calmed down. Thanks…
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MSE News: Martin Lewis urges EVERYONE with a mortgage to check if they can switch and save £1,000s
New mortgage deals are at their LOWEST EVER rates, with two-year fixes down to 0.95% and five-year fixes at 1.17% (though in some cases they load the cost in the form of hefty fees). That means, for some, remortgaging - switching deal without moving property - can result in phenomenal savings. Read the full story: 'Martin…
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Halifax says NO mortgage if SEISS taken
Has anyone had a Halifax mortgage approved after having taken SEISS? I got a AIP on Monday, my Ex had an appointment earlier and they said that they wouldn't give her one if a SEISS had been taken. But that they would put it to the underwriters. I called up to ask why I was offered one on the same figures and was told they…
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First time remortgage
Hi All, Forum regular here, but I thought I'd make a new account so I can provide a bit more personal information then usual. Today I received the MSE Money Tips email, which said that remortgages are taking a while, so getting ahead of the game is a good idea. I've then got a few questions about my situation. The basics:…
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HELP - Mortgage broker screwed me up
My mortgage broker has screwed up my application with Santander. He has provided some wrong gift figures to the bank in the application. So now, despite receiving an offer, the application will be going back to the underwriters. It's just a simple approval, but it is going to take 4-6, possibly even 8 weeks to fix. This…
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1.09% Tracker - Worth Keeping Hold Of?
I have two lifetime tracker mortgages on the same property, same lender, 37% LTV: * £100k for 17 years, currently @ 1.09% * £35k for 14 years, currently @ 3.84% I can clearly get a better overall deal for 2-5 years combining the two mortgages, but the longer-term rates are worse, and of course there's no way of knowing…
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House valuation - how does it work?
Hi all, I'm hoping to have my house revalued next year when my current fixed rate ends. I believe it has gone up in value owing to works done on it etc. How does one get a valuation? Are they free? Do I need to get different estate agents to look at the house? I'm not looking to sell, but potentially borrow more money for…
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Barclays Mortgage HTB
Hi, Anyone here applied for Barclays Mortgage through help to buy. I just applied for barclays mortgage through an independent broker and waiting to hear back from them. The waiting is not that easy. Please share your experience in terms of timeline and the whole process.
