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two mortgage products should we fix now
I have two mortgage products at the moment both fixed and different end terms. Product 1 is for £150k and ends in July Product 2 is for £60k ends in October We wanted to move both products together and fix for 5 to 7 years. But I am worried that rates are going to go up and i won't be able to get a good rate in Sept when…
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Going directly vs using mortgage advisor
I am a first-time home buyer and my current 2-year fixed rate deal ends at the end of May 2022. My current loan is with Halifax and I have contacted Halifax directly to provide an illustration. I also contacted 3 independent mortgage advising services (brokers). Halifax gives me 2.22% for a 5 year fixed rate, which I find…
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Intermediary mortgage calculator
Hi, I tried both the Santander mortgage calculator and the Santander intermediary mortgage calculator, and the intermediary offered me approximately £14000 more. I’m not sure why there is such a difference? Or which one is more accurate?
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Mortgage broker
Hi, could someone who has used KS (the broker who posts on the Ask Me Anything thread) please give me his details? I asked on the thread but I don't think he comes online here very often, hasn't logged in for a few days. Cheers!
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Sibling buying us out of inherited Home
Hi all, Completely new to this but need some advice. My parents passed away recently leaving no will. My little sister has moved into the home with her partner. They want to buy myself and our other sister out of the inherited home. My questions is, as the nominated person granted probate, can I just register the house in…
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Moving in together - two mortgages to port?
Hi there. Our scenario is that my partner and I both own our own houses. We're both in 5 year fix mortgages with a number of years left on each of them. We'd like to move in together but neither of our houses is big enough for us both to live and work from home so we're looking at buying somewhere new together. We're…
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HSBC Consent To Let.
I have a year and few months left on my 5yr term. I've moved out after getting married and will prefer to have consent to let than be forced to sell, pay early repayment or go for buy to let now. What are my chances with HSBC please?
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Is it best to have a mortgage when applying for a new one?
Looking for advice on what to do with our mortgage: We currently have a small mortgage which is fully offset (offset mortgage) and the fixed rate period will run out in a few months. As we aren't paying any interest the switch to SVR won't hurt us but we are actively trying to move house and will borrow about 5x more than…
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Mortgage with defaults?
Having separated from my husband and being left with debts I now need to either remortgage and buy him out of the property, or sell up. 3 defaults are from 2018. 3 from early 2019. All unsatisfied. House is approx 200k and I will probably need to borrow £110k to buy it, so 55% LTV. I think I can get him to hold off until…
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Halifax valuation to offer timescale?
Hi I am wondering how long Halifax take from valuation being carried out to getting an offer. We applied through broker and had a valuation take place yesterday on Tues 8th March. I read online it can be a couple days but from Experience how long have other people had to wait to receive it.
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First time buyer ISA enq
Some years ago my daughter opened a Nationwide Save to buy ISA issue 3. My understanding is that this account became redundant and Nationwide transferred my daughters savings into the Single Access ISA issue 3 (this new account was only available to the previous holders of the Save to buy ISA). She continued saving until…
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Strange situation
Hi, thanks for any help you can give me. I currently have pretty bad credit, but am due a substantial amount of money as a pay off. I am looking to move in with my girlfriend and use my money as my half of the house paid in full, She will be looking to get a mortgage for her half. She will have a 10k deposit and will be…
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Buying house with bridging loan and conventional mortgage.
House 1 is owned outright. House 2 - a prospective purchase - is more expensive, but savings and a small mortgage (well within affordability) will cover the difference. For health reasons, a normal simultaneous transaction - ie as part of a chain - will be difficult to impossible. A family member will offer a bridging loan…
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NatWest Mortgage Extension
We're purchasing a non new build property and our mortgage offer with NatWest is due to expire mid-April. Unfortunately, due to delays further up the chain there is a strong chance we won't complete before that date. Our mortgage broker has said that if this is the case we'll have to reapply as NatWest don't do extensions.…
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Small help needed on remortgaging to a new lender
Hello helpful people, I am in the middle of remortgaging my house. The lender has
passed my details to their solicitors who have in turn sent a form to fill out.
There are a couple of enquiries I have, as a first step, I contacted the lender’s
solicitor but there is no response from them over the past two days. If I may…
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Trying to buy rented house - concessionary purchase help
We are trying to buy our rented house. The landlord has offered us a discount so wanted to use concessionary purchase so we could utilise the discount (£20k) we also have 22k to put into deposit too. But, after spending to about 10 brokers and a bank direct NO ONE can offer us a concessionary purchase deal. We have then…
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Cant get a remortgage
I have a mortgage broker looking for me to remortgage my house as its on an Interest free mortgage. I've just had my x wife from 17 years ago removed from my credit file as an associate. I'm 55, mortgage is 124k, house is valued at 320k and I earn 40+k a year. Equifax credit score is 935. I've been at this property for 25…
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Paying extra into mortgage
Left with a big mortgage post divorce ( 400k+)and wondering if it worth paying some extra off each month while in a 5 year fixed term. Thanks
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Middle name missing from mortgage offer
We were hoping to exchange this week but the mortgage offer has come over to the solicitor and it's missing my middle name (which I am sure the bank have), so she says she needs to go back to them and update this. What happens now? Do they just amend the name and reissue or is it going to be long winded? We need to…
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Natwest Mortgage Tracker Help!
Hi All, I submitted my mortgage application via a broker yesterday & have tried to log onto the tracker today but it keeps saying System unavailable?? Has anyone else had this issue or am I just being impatient? TIA
