We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgages & endowments

Archives for March 2022

Two mortgages on one property - remortgage.
Morning, hopefully someone can help. I bought a new house 18 months ago and ported my mortgage over from my previous property. I got a second mortgage to cover the extra money. One mortgage was a three year term while the other was two years. In six months when I remortgage the second mortgage how does that work around…
Mortgage arrears query
Hi everyone In November 2021 I missed a mortgage payment. It was the only missed payment and have made all payments since. I won’t go into huge detail about the reasons as I have posted lots on the debt free wannabe forum and I have been putting plans in place for debts and ensuring I meet my mortgage and will always…
Cut to the chase
Hi Everyone, I have two options on the table:1. 20yr, 10yrs fixed - 2.59%, 3.99% afterwards, APRC 2.9%, no fee 2. 20yr, 7yrs fixed - 2.24%, 4.49% afterwards, APRC: 3.2%, £450 feeIf I decide to sell in 7-9 years them I absorb the penalty - no problem. I reckon I will be overpaying it on annual basis anyway and perhaps repay…
Invalid Post / Removed so please ignore
Please ignore post as request to remove.
Mortgage for Property in Poland
Hi, Can anyone advise me where to go to find an overseas mortgage please? I'm a UK national (currently residing in the UK, as I have all my life) wishing to purchase a flat/apartment in Poland. The idea is to use it as a holiday home for myself and family, plus rent it out on short term rental (e.g. AirBnB type thing) when…
Mortgage with high subsidence excess
Has anyone managed to get a mortgage with insurance cover that has a higher excess for subsidence than normal? We have a history of subsidence in this property and although insured the excess is £5000 not the normal £1000. Any tips welcome.
Is getting a 10% deposit mortgage impossible on £26k a year?
I'm currently saving a deposit to buy, and was initially under the impression that I might be able to get a mortgage with a 10% deposit. But after using a few bank's mortgage calculators, the mortgage amounts being offered fall very short of what I would need. Going by their estimates, I would need a 30% deposit to afford…
Mortgage Funds Before Exchange
Quick Question: Can a solicitor request funds before exchange? We were due to exchange yesterday and the top of chain is holding everything up.
Deed of postponement too risky?
My house is valued at £1.5m My mortgage is £170k There's a second charge on the house at £100k Our mortgage can be increased to £195k after a £25k additional borrowing was agreed with the mortgage provider (this also means monthly payments are reduced by £400 a month) The company holding the second charge have rejected it…
Laying down mortgage funds
Good morning all 2 weeks ago we were due to exchange/complete on our new home. But our buyer threw a spanner in the works and it didn’t happen. Last Friday my solicitor got in touch to say that the chain have all agreed to exchange & complete all on the same day ( so this coming Friday ) to which I agreed to. 2 weeks ago…
Tax overview and computation doesn't match
Anyone else had this problem? Tax computation from my chartered accountant doesn't match the tax overview, now my lender wants it rectified and my accountant refusing as he saying figures are correct. Stuck between a rock and a hard place. I go to another lender it will be the same. So I can never buy a house because of…
reclaim payday loans
Hi, trying to reclaim payday loans however I cant find one on the internet search, can anyone help me. The company is called Liquid Advance and it was from 2014 and the debt was then transferred to Capital Resolve. Any help is greatly appreciated.
Switching bank accounts after offer
Hiya! Just wanted to know if switching bank accounts can impact my mortgage if I have already got a mortgage offer in place. We have not gone through exchange yet. TIA
New Deal Required
Typically as my 5 year fixed rate is nearing the end (August), interest rates are starting to rise. I’ve had my eye on a deal for a few months and just wondered if anyone has seen anything better. House value is circa £300-325k Mortgage remaining £98k Looking for a fixed rate, no longer than 10 years and no shorter than 5.…
Digital Mortgages/Atom Bank
Hi all, Nervous FTB here :# Our mortgage application is in with Digital Mortgages, broker (L&C) submitted on the 16th. Still well within the timelines they've given (4-6 weeks to offer apparently!). But I'm so impatient to know! I'm apprehensive about the valuation specifically, obviously nothing I can do about it so…
Remortgage application pending TOE
Hello as the owner of the thread https://forums.moneysavingexpert.com/discussion/6344092/re-mortgage-application-after-transfer-of-equity/p1 I was very fortunate to receive some advice and guidance regarding the process of the transfer of equity which I now think I understand. My next step is to prepare for the re-mortgage…
Halifax Mortgage Application Timeline
Hi all, I’m wondering if anyone could give me their timelines for a mortgage application to offer with Halifax? We’re on week 2 now, I’ve heard they can be quite quick, but after waiting 6 weeks to hear back from Atom Bank and still hearing nothing, I’m hoping Halifax will come back to us sooner than that? Our broker just…
Missed payment & going near my credit limit
Hello Just want some advice really as I go through the stressful process of buying my first home. Basically I'm buying as a single applicant through shared ownership with 50% shares (new build house) My mortgage application was submitted fully on Thursday to Leeds building society via a broker previous to this I passed the…
Remortgage without Early Repayment Charges
Hi All, I wonder if I can get some helpful advice about our situation. What is the best way to get a remortgage deal at a reasonable rate that comes with no early repayment charges, if it is possible at all? A bit of background, our current mortgage deal ends on 1st of April and moves to SVR which increases our mortgage…
Tenants in common percentage shares and additional borrowing help
Hey everyone, So I'm needing some help working out percentage shares for my house. I bought the house a few years ago and it has been solely in my name, now we are adding my partner to the mortgage as tenants in common and we are having a declaration of trust drawn up. I have £67k equity in the house Valued at £170k But we…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Mortgages & endowments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Mortgages & endowments

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free