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Stocks and Shares ISA plus LISA
I have read LISA guide but could not work this out. My daughter had stocks and shares JISA until last week. As she has turned 18, this has now turned into adult stocks and shares ISA. This is with II. I'm interested in opening LISA for her to get the ball rolling (1 year rule). Does anyone know: 1 - Can I have both of this…
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Remortgage for 5 or 10 years fixed?
Hi, I need some advice on where to go forward. I'll list our situation below: We need to build an office extension for my wife and me to work from home at least four days a week. Our monthly joint annual net income is around £70000, and our total expenditure is around £2800/month. We have a fixed five-year 1.84% mortgage…
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Can I remove ex partner from mortgage?
My ex partner left shortly after we bought a property together (18months ago). I paid the 50% deposit from the sale proceeds of my previous home. We are both on the mortgage. I would very much like to have no financial ties to the ex partner and have worked very hard to get into a position where the mortgage company are…
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Re-Mortgaging Flat Before Going Travelling
Hi All, I am close to deciding to take an 18 month travelling trip
starting in July 2023 and returning at the end of December 2024. I own and pay
a mortgage on my own flat and am currently on a 5 year fixed deal with NatWest
which will end in December 2023. I initially took out this mortgage with Metro
Bank 9n 2018 but…
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With mortgage tracker rates being much cheaper than fixes at the moment...
I am presuming repeated 0.25 base rate rises this year is 100% guaranteed, ie avoid trackers......anyone a crystal ball
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mortage/selling question
I currrently have a house worth around 100k, with a remaining mortgage of 15k. What I am looking for is advice on selling the property to a family member. Essentially they would pay me for the property, and I'd pay off my existing 15k and use the value of the property to clear some credit card debts and loans (typically…
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Revolving credit use before completion
Hi all I'm having a FTB panic! I am buying a new build. Exchanged a while back, due to complete end of June. I am due to pay £3000 in Extras to the builder before completion. When I submitted my mortgage application, I advised that I spend on my credit cards every month, but I pay the balance in full every month. This is…
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Vida Home loans and Paragon Lender
Dear Friends, Please kindly suggest me, My broker is suggesting me to with Paragon as they are good at lending then Vida home loans as they have bad reviews and many have faced issues. But only thing is Paragon are £730 more expensive over 5years compared to Vida. I am confused whom to go with. My broker is suggesting to…
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Equity release
I'm looking into equity release as our mortgage is long paid up and we have no dependants to leave anything to. In the past I have been on a DMP but all paid up now and doesn't show on my credit ratings. Will this affect my ability to get an equity release offer? It was only myself on the DMP not the wife.
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Cala homes target completion date
Hello has anyone had any dealings with Cala homes?. We have a new build reserved with them and Target completion date is 1st September to 31st October. Are they always good with meeting these target dates as our mortgage offer is only for upto 5 months.
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Advice needed regarding getting a mortgage on a leasehold property with a low lease
My property has currently 64 years remaining on the lease and im currently with halifax on a variable rate mortgage, paying £800 a month on a €100,000 mortgage. I was on a fixed mortgage from 2016 to 2020 and when we tried to remortgage back in 2020 and at the start of the covid pandemic we were told that the remaining…
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Accord financial check before completion
Hi, do Accord run financial check between exchange and completion or just credit check?
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Re mortgage valuation
Hi, I am trying to remortgage with santander I told them I owe 118k and my house is worth 155k I've had it valued at 190k will this make a difference to the underwriters do I need to tell them? Its obviously worth a lot more than I thought so I am look at a lot lower LTV
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When is "completion of the mortgage"?
Hi, I just got keys to my new home on 1st April, and as part of my 2-year fixed deal with Skipton Building Society, I got a £1,000 cashback incentive which states: ""You will receive a cashback of £1000 15 days following completion of the mortgage. The funds will be sent to your direct debit account." I'm not sure what…
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Mortgage company (Accord)suddenly moving us off fixed to standard variable
How can a mortgage company just cancel a fixed rate? I have been paying off the mortgage in line with the contract. I received a letter to say that from 1st June they are moving me to standard variable rate (4.75%!). The fixed rate was supposed to continue to 2024. Surely they have booked the money at a lower rate when I…
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Re-mortgage - ID issue - help needed
I currently have a re-mortgage application going through - everything was going fine, I've had my offer etc, but there is an issue with the title deeds to my house, as they have my confirmation name on them. I have no idea how or why - I can only presume that when I've filled in whatever form there has been a section for…
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Move mortgage to BTL or Consent to Let
I have a property I want to keep and this year have finally decided to move for work. I want to keep the property long term (desirable area, pension pot etc). Currently 75% LTV. 1. Do I move it to BTL Interest Only on my next remortgage straight away and take rental payments as normal for a BTL property and move on. Rental…
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Barclays / Aviva
Hi guys, Currently have a mortgage application being processed with Barclays which was submitted yesterday, following barclays Hard search on my credit file, I have today have a soft check and affordability check show up from Aviva, does anyone know if this will be in relation to the mortgage application? Thanks, D
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Adding my wife name in the mortgage?
I am buying property and 95% deposit paying through my saving and rest 5% is coming from my wife saving, she is transferring to my account and My wife earning is very little. <25K PA. I am taking the entire responsibility to pay the mortgage. When i am speaking conveyancing solicitor, they mentioned to add my wife name in…
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Advice on finding a mortgage with a recently Discharged IVA
Hello, I just need some help and advice please. My partner and I have found the house of our dreams, and on paper our affordability is good. However after having approached a couple of mortgage brokers (L&C and Trussle) have come up against a brick wall as I was only discharged from my IVA in February. Trussle have found…
