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Why 2/3yr deals more expensive than 5yr?
I will be remortgaging soon and just checked my current lender Nationwide what they offer. They offered 2 or 3 year fixed deal at 4.04% with 65%ltv but 5year fixed deal is only 3.69% When I was doing remortgage last time longer deals been bit more expensive. What am I missing here?
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EWS1 A3 - am I likely to get a mortgage?
Hoping to buy a shared ownership flat, 50% share. Building has EWS1 A3. Have confirmation that no cost to leaseholders for repairs but no timescale for them. How likely (or unlikely) am I to be able to obtain a mortgage?
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House ownership after passing
Person leaves estate to two people (their children) Home Question Child 1 wants to live in the said home and will be their first and only home. Child 2 doesn't want part ownership, responsibility or rent from it and already owns their own home. Child 1 can't afford to buy child 2 out of it in full. Child 2 is chilled and…
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Help with EWS1 form being incorrect and remortgage
Hi All I am coming to the end of a two year fixed term mortgage. When i applied for the mortgage I provided the information relating to the ews1 form that had been issued. I have subsequently discovered that the person/company issuing the form was not eligilble to do so and so further remedial cladding works are currently…
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Purchase has fallen through - will lender transfer mortgage offer to new property?
Hi all, the seller we are purchasing from has decided not to sell the week we are exchanging. Conveyancing is complete and mortgage offer in place with HSBC. I realise I need to speak to them (we went directly) but is there any chance HSBC will transfer the offer to a new property if I maintain the LTV of the mortgage…
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Remortgage to cover increasing bills
Is anyone else thinking they’ll need to remortgage to cover the increasing bills?? I’m worried I won’t be able to sustain my family if everything keeps going up. We just about make ends meet as it is. I only have 3 years left on my mortgage but can barley afford all the general cost of living bills. I have been a nurse for…
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Self build mortgage not an option - best alternative option?
Hi all, hope someone can help? We’re a young family wanting to move from the UK back to the ROI where I’m from, and we want to raise money for an alternative home build. It will be built using tried and tested methodology and all plans checked by an architect and ensuring it can be built to regs etc - but the ROI where we…
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Re-mortgage valuation - can I appeal?
Hi, hoping to get some help with what's happened today. We are going though a re-mortgage on our property. The valuer came out today and basically ballparked us to a similar house that was sold in January for £490k on our street. Now this other house was in terrible condition, think old 1950's and now it's currently being…
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Why are interest rates going up?
As the the title says. Why are interest rates going up?
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Mortgage Payments Hike
In 2010 I was made redundant at the age of 59, and from my modest payoff, paid a lump sum towards my £66k Nationwide mortgage which was scheduled to be repaid by my 65th birthday. My aims were to save interest and to reduce my monthly payments, as I realised there would be difficult years ahead. My balance and monthly…
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Can remortgage offer fall through?
Hello. I am due to remortgage from nationwide to virgin who offered me the best rate back in June. My completion is set for 1st November (to avoid ERC ) so although still couple of months, my case seems to be moving very slowly. Mortgage deed already sent off. What are the chances that the deal can completely fall through…
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Risk of Offers being withdrawn?
Hey I am currently remortgaging my property to a 5yr fixed, I have a mortgage offer all agreed which will expire in early January, I’m planning to complete early December just after current early repayment charge with my current lender expires. But in the back of my mind with energy prices going up, interest rates…
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Remortgage - land registry delay
Hello. We bought a new build in April and ported the mortgage from the previous house over & added on additional borrowing. There was only 8 months remaining on the fixed mortgage so knew we’d have to remortgage more or less straight away. We got an offer in July on a mortgage and have started the legal process - this is…
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Question for a MA
Took a 90% LTV mortgage out with Kent Reliance in 2020. House has gone up 55k since then meaning we owe 195k and property is worth circa £270k. Have taken a personal loan out for home improvements but now would like to really like to remortgage / further advance to reduce monthly payments with increasing energy bills…
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Solicitor and/or remortgage
My partner has been paying the mortgage herself on a property she originally purchased with now ex-partner.. he hasn’t contributed for most of the mortgage term.. they have been divorced for a long time but he has never been taken off the mortgage due to lots of circumstances.. it will be paid off in just over a years time…
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Barclays - window for product-switch/product-transfer/rate-switch extended to 150 days (~5 months)
Barclays used to allow you to switch/reserve a new product up to 90/120 days before the end of the fix. From 1st September that has been increased to 150 days, about 5 months. So if you have a fix ending in/before January 2023 and wish to stay with Barclays for whatever reason, you should be able to secure a rate now…
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Halifax offering a month extension
Our mortgage offer from Halifax (5 year fixed) expires on the 30th September and our chain is moving slowly, so there's a possibility we won't exchange and complete in time. We have been informed by our MA that Halifax are now offering a one month extension if required, which is obviously great news and would take a lot of…
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Unencumbered mortgage
Is it possible to get a mortgage on a property like this. Also is the process same as a normal mortgage? Same process? Do all lenders allow it? What's the maximum you can borrow and what has the LTV have to be? I need to know for a friend. Thanks
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10 year Fix - at 3.54%
Hi all - is anyone considering a 10 year fix? I've just secured this rate through Nwide as my existing mortgage at 1.79% was coming to an end. I usually fix for 5 years because it feels like a decent chunk of time but on this occasion I've gone for 10 years fixed at 3.54%to have certainty I can afford it at what feels will…
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HSBC holding off on finishing a mortgage, even after saying everything was good
Hope some might be able to help here. We have applied for a
mortgage with HSBC, back in March 8th they told us everything was
great we paid the £999 fee and put on holding , as if we drawed it down then we
would had large early repayment fee. Assuming that everything OK and been told
we just have phone them before 6 months…
