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Mortgage and HTB
Hi, looking for advice on incorporating HTB with mortgage. my 5 year fixed mortgage is up for renewal at the end of June, and also want to incorporate the HTB loan that I took out. I am in conversation with a mortgage broker who looks to have secured a deal via Halifax, this is yet to be confirmed but it’s all looking good…
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Company director mortgage broker needed
Hello, I am a company owner and director and I would like to take a mortgage. Do you have any suggestions on brokers I could use? Thank you!
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Coventry Building Society Product Transfer
Hello there. Anyone know what questions Coventry Building Society use for a Product Transfer? At the end of this year my fixed-rate deal is ending. Since it started four years ago, I'm earning less as my circumstances changed. I'm good at thrift, so this isn't necessarily a problem. My mortgage was never enormous for me,…
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Deposit
Hi All, I hope you are doing well during these strange times.I have prepared the deposit for the mortgage. The agency, the broker and I think the solicitor have all seen the statements.I don't think any of the lenders have been approached yet by the broker, my solicitor is waiting for the pack - a week has passed.Of course…
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Re-mortgage calculator (locking in for longer)
Morning Hive Mind, Before I start down the route of a excel spreadsheet and no-doubt reinvent the wheel, does anyone know of a re-mortgage calculator for the following scenario; * Quit 5 year fix with 3 years remaining and paying exit fee * Re-mortgage onto a 10 year deal, fractionally higher interest rate * Exam question…
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5 year fixed ended. Unsure what to do if we want to move soonish..
Hi folks, Honestly at the end of the day this is probably just a gamble ill have to take but perhaps there's some advice to consider.. So we had a 5 year fix at around 3% and it ended a month ago. I had let it lapse partly because it was looking like the variable was going to be similar and also we where looking to move…
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Calculating Size of mortgage required
Hi hope someone can help explain, if I am selling a current property with approximately 60 thousand equity as a result, is it as simple as applying for a mortgage less the 60 thousand of the price of the new one. My real question I guess is as this equity figure is constantly changing and approximate do you urge on side of…
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1st payment
Please excuse my naivety I'm due to complete on my first house on the 22nd of March. When would my first payment on my mortgage be. Also how does the lenders bank collect the money if I'm with another bank. Appreciate any advice, replies explanation
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Lloyds re Mortgage Experience poor and why you should use a broker
I went direct with Lloyds as my usual broker doesn't deal with them. I posted a question on here previously and someone said they only deal directly, but according to advisor from Lloyds they do deal with brokers however Anyways I started so might as well finish as the BOE are likely to raise interests rates and barclay…
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Target redemption - help to buy
We would like to complete a target redemption on the equity loan (20%) which was taken out when purchasing our property. I have completed the required RICs report and requested a redemption pack with the intention of paying 10% from savings. There is no remortgaging taking place through a lender. My question is simple, do…
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Equity release.
Am considering equity release as we have no children to leave it to. Have ben in contact with 3 firms so far..all reputable. Two of them however want to know exactly what I plan to spend the money on.......they won't let me put some of the money away for any plans I have for next year or the following years unless I give…
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Changing deposit from property sale funds to gifted funds
We have been going through a protracted sale in a chain. Due to exchange in a few days but the buyer of our flat has pulled out collapsing a chain for 3 people. Our deposit money was from the sale of our property (£55,000). We really want to buy this property (a house) and also don't want the chain above us to collapse…
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coming to the end of my five year fix..
Hi I am due to come to the end of my five year fix with First Direct. I am not necessarily planning to change provider and I have learnt from this forum that I could look to just switch products with my current lender without an affordability check but my circumstances have changed. I earn the same salary as when I took my…
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YBS remortgage
I have applied for remortgage with YBS and below are the timeline. 13/02/2022 - AIP approved 15/02/2022 -Full application submitted 25/02/2022 -Valuation conducted 02/03/2022 - Valuation report received I have responded to almost 13 questions via email from underwriter. Please has anyone applied with YBS and can you share…
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Mortgage Interest Rates
Hi, I'm in the process of remortgaging my property - changing to a Buy to Let and releasing equity so my husband and I can buy a property together. The property is currently worth around £215k and I have £34k outstanding on the mortgage. I want to borrow a total of £114k. I do have defaults on my credit file from 4 years…
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Quick question about remortgaging with additional payment
Hi all, I've got a fixed rate mortgage that expires 30th April. I'd like to move to a different provider, but also make an additional lump-sum payment of 50k. I'm just wondering the easiest/cheapest way to do that and if it's a normal request to make when remortgaging. I could make the overpayment against the current…
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Pulling our of a property for another?
So I am a first time buyer. We got accepted on a house in October 2021. Everything was running smoothly until our solicitors realised that the seller had originally bought it through the Right to Buy scheme less than 10 years ago and hadn't offered it back to the council. This has now put everything on halt as she has had…
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Remortgage Amount
Hi there. Any advice would be greatly appreciated. Im due to remortgage for the 1st time. My current fixed rate ends this July. I have contacted my current provider to try and obtain how much in total will be left on mortgage come the end of current deal. They have told me they can not give me the actual amount until one…
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Unclaimed Children's endowment assurance with profits
Going through my deceased mothers paper work i have found a document/certificate/cheque that states in 2004 i had a matured assurance policy.. this was never claimed.. i have contacted the company and they say because it's over 7 years it's nill and void.. mmm not sure about this.. they didnt ask for any details and the…
