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Consent to Let Property - Only Allowing Interest Only!
Hi, I have had a consent to let mortgage with Santander the last few years. It is coming to expiry in sept 22. I rang today regarding rates and have been advised that due to affordability i can only continue how i am which is part Interest only and part repayment. The monthly payment is £300 a month. I also pay an…
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Porting Mortgage to Spouse’s property
Hi all, We recently got married and both of us have a home in our own name which we purchased separately before we met. We would like to sell my home and port my very favourable Barclays mortgage (1.47% for a further 6y) to her property and be joint owners, both on the mortgage. Barclays have said this isn’t possible but I…
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Let to buy + maternity leave + new job = possible?
So much is going on for us, I would like some input from wiser heads. We are a couple in our mid 30s and we own a small house in an expensive south east town, London commuter belt. This is worth about 420,000 and we owe 280,000 on it. Almost a year ago, I got a new job in a much cheaper northern town. We got consent to…
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Help
Ha a one been rejected from vida after a DIP? Our application was submitted end last week and just waiting I’m nervous. Also do vida manuualy review DIPS ? And what to underwriters look for.thanks You
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HTB loan and further advance- is it possible!?
Has anyone who has used a help to buy loan managed to borrow more on their mortgage before paying the loan off? Halifax seem to think it's now possible and have progressed our request for a further advance without requesting us to repay the loan. They are requesting a letter of postponement from Homes England currently. I…
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Bank not honouring written promised rate (formal complaint?)
Hi all, Would love to hear people’s experiences. Long story short - we originally had a broker but ended up going direct with the bank as at the time they had the most competitive rate (my husband is self employed and has business loans with them). - We had a mortgage approved and fully underwritten on a property and…
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Mpowered Mortgages
Hi all, Our broker has seen a good mortgage deal with the subject company but I can't find any reviews of them. Has anyone been through the process with them at all?
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mortgage deal ending, hoping to move within next year, what to do about deal
So my current mortgage deal 2.2ish % is about to end. Im hoping to move house within the next year, but i also like the certainty of being on a fixed rate. If i go to variable rate it will go up tp 4.49%. My current lender is offering 3 deals 2 years fixed 3%, 5 years fixed 2.9% and 10 years fixed 2.5% for a new deal.…
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Borrowing Amount
Hello everyone, Me and my partner are looking to buy a house. We've saved up a decent deposit. They, are on a zero hours contract, as a student, until they graduate. They still earn on average a decent amount, not much less than myself. I have previously had a mortgage application approved for myself but didn't end up…
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Solicitor delayed completion of mortgage - paying extra interest
I’m having a delay with my remortgage completion due to Optima legals system issues. Was supposed to complete 25th but solicitors delayed it to 27th (when the money was sent), but they didn’t ask Lloyds to send the cashback. So was delayed to today, but now they are having system issues so can’t see the cashback from…
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Buying share of freehold does the mortgage provider need to know!
Does my mortgage provider need to know that I want to buy the freehold? I called Halifax and requested to start the process of a mortgage extension in order to purchase the freehold, I estimated about £15K for my share Thats not much and thought nothing of it, fill out a few forms and boom 'heres your money sir' However…
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47 years later
Good Afternoon, Fairly basic question for those in the know. Coming to the end of my mortgage ( I aint proud - I'm an OAP who's paid a zillion in interest. ) What happens these days? Do I get an official document still representing the deeds or is all electronically sorted out. How do I know I have a proper title to an…
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2 years left on a 1.83% fixed mortgage. Should I wait it out?
Hi all. I’m on a fixed repayment mortgage with Halifax and the current term ends in Oct 24. It’s 1.83% and a great monthly price. Is it wise to wait the next two years out or should I fix in to another one and take the fee?
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Credit Rating Score
Hello I am hoping to get on the housing ladder at some point and hopefully secure a mortgage with my bank Barclays. Currently my score on Experian is 651 which is poor. I think this is due to me having three credit cards and a consolidation loan in process. Does anyone know what sort of credit rating score I will need to…
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Natwest remortgage
Bought a house for £490,000 in December 2020, with a £315,000 mortgage on a 2-year fixed at 1.34%. Natwest valuation now states £560,000, and £303,000 remaining on the mortgage. The portal advises that I can look at new deals 4 months prior to the end of the 2 year term, which would be August. Is there any possibility to…
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Registering my father’s house at the Land registry
Advice please. I am a POA for my father’s affairs along with my sister. My parents bought their house in the 1960’s and it has never been registered with the land registry. My mother passed away 2 years ago and my father is now in a nursing home. We might find ourselves in a position to need to rent my dad’s house out to…
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Maternity leave & Mortgage renewal
I’m shortly going on maternity leave, I have 2 mortgages on my property, basically because I staircased to owning it 100% outright. I have a few questions that I could really appreciate some steer on; 1) I recall someone telling me that I could merge the mortgages at some point, I have a variable mortgage on one which I…
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Gambling for mortgage
Hi Around 6 months ago I finally stopped going... thats in my past now ajd looking to move out, have 10k savings with my partner... both around 25k salary. I've spoken to a few brokers and advisors who have said people only look for bank statements in the past 3 months, is this correcr
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Anyone with Lloyds remortgage first payment experience/timings?
I’m about to remortgage with Lloyds on Monday 30th May (coming from NatWest) my payment date is 1st of the month- do you think Lloyds will turn it round in time for then or will there be a delay? I know Lloyds are the best people to answer here ;) but just wondered if anyone had any experience. the DD isn’t showing yet in…
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Lloyds remortgage - can you cancel anytime before completion?
I told my colleague that as long as you add any fee to the mortgage, there's no valuation fee and you use Lloyds free legals, you can 'cancel' the remortgage anytime before completion without any cost. I've never done a mortgage direct so I'm doubting myself now, is what I said correct or are there any caveats?
