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Santander Mortgage in 2 parts - can I move one to another provider?
Hi, I imagine this has come up previously, but I've struggled to find and answer. I have two parts to my mortgage with Santander due to borrowing extra when extending the house. One part is fixed until mid 2025, and the other is up for renewal April 2022, both have ERC of ~£4k (each). So for the second part, means I can't…
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Santander Mortgage Product Transfer - Loan Amount from offer, or balance when transfer starts?
Hi guys, Hopefully a simple question! Went through the product transfer option with my current mortgage provider, Santander 12 days ago but not accepted as of yet (although was about to before posting here) The new product would start in January. Will the balance of my new product be the balance of my mortgage when I…
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Lost mortgage through broker
Popping this in here following advice on another board. Hope that's allowed. First time poster hoping someone can help or offer some advice on my family's issue. We decided that we wanted to move house back in the summer so put ours up for sale and began looking. Due to the market, we were outbid on a lot of properties but…
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Does my mortgage offer still stand?
Had mortgage offer granted in May this year with NatWest, the house purchase fell through. I have just seen a house couple days ago that I would like to offer on, can NatWest update the details to cover the new house? I believe offer runs out around 26th Nov, and would like to use the lower interest rate granted earlier if…
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Garage or no garage.
My OH has had a horrendous family circumstance which has meant he has a lot of debt. In Jan he went onto a repayment plan which gave us some more disposable income. We have a 2 yr fix (ends in August) which HSBC has told us we can port, since the defaults that occurred this year happened whilst we were fixed with them, and…
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Mortgage Offer at a standstill - deed of consent (disability)
I have applied and received a mortgage offer in July from Santander on a family property I have lived in for the past 16 years. I currently have 8 years left and asked to extend to 12 years which would be retirement. I am currently going through a divorce and my ex and I have agreed that I can keep the family property…
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Santander raised enquiry before release the fund
Hi all My broker has set up the completion date this week and requested the fund release. The house is built in 2008. But we have received the enquiry from the Santander’s solicitor as follows: 5.3 Please provide us with the NHBC documentation for the property to show that the Property was constructed with NHBC carrying…
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Santander - Admin Error Admitted - House Very Nearly Lost due to the error
Hi All bit of advise required on this one: Long story short, fell behind with the mortgage with Covid slumps on sales bills going up and wife not working, became depressed but struggled through best we could defaulted on the mortgage, received a warrant of control come through the post so contacted Santander who the…
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Santander timeline
Does anyone have recent experience of how long after valuation a mortgage offer can be expected with Santander please?
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Mortgage decline should I appeal?
Hi everyone, Wondering if anyone can give me advice. I have a mortgage broker… I’m a leaseholder of a good sized 1 bed flat in central london. It’s in a 3 storey block on the edge of the estate. It’s on a tiny estate of only 3 blocks. Used to be council years ago but now run and managed by HA. Close to canal and all major…
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NatWest purchase, remo and switcher rates going up today (10th October)
NatWest have just now notified brokers that they're upping rates with immediate effect from today. They're absolutely inundated with applications and struggling to process them so I'm assuming it's to do with bringing service levels back under control. PT (existing borrower) rates are jumping by quite a bit more than new…
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Mortgages early next year?
Hello, I can secure a new fix rate in march as my deal ends in May. At the moment I'm opting to save a large proportion of the difference Instead of getting out of my current deal and paying an ERC and hope rates are not as bad as feared when it comes time to get a new deal. Im looking at the current rates and wondering if…
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Can I take a loan to pay my stamp duty for a BTL purchase?
Hi, We are buying a small BTL and We have full money for the deposit. Our Conveyensing solicitor has done everything including varying our deposit funds. I am expecting some funds as a gift from my parents to pay for shortfall to pay the stamp duty but it’s taking a bit longer as they have to sell something. But we need to…
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changing names on mortgage
Hello, some advice would be appreciated. My sister has a mortgage with a well known high street bank, my wife and I also live with her and pay some money towards the mortgage each month (gifting her the money I guess). She is on variable rate, but will not want to carry on with payments now as she cant afford it. I…
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Are there no more tracker mortgages with no early repayment charges?
It used to be the case that one could get a tracker mortgage with no early repayment charge. Have these products all been pulled from the market? I can only find trackers with an ERC. I was discussing this with a friend who needs to remortgage now but knows is likely to sell in the next 6 months and will probably have to…
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What percentage of your savings should you put in a fixed rate account?
Hello. I have just been looking at 6 month fixes and wondered what percentage of my savings I should commit to a fixed account (seeing as I won't be able to access the money until the account matures). Is 20% too high? Assuming the rest stays in an easy access account. Thanks in advance for any advice.
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Porting mortgage, can I extend the term
I have been told by my current mortgage provider I can port my mortgage. I'd like to borrow 40k more for the next house which I understand will be on whatever the current rate is at the time of application. With interest rates going up can I extend the whole mortgage term to make this more affordable for myself. I…
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What lenders allow you to take a repayment mortgage term into retirement....ie above 75
Or is 75 the norm?
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Mortgage Offer Appeal Query
Very confusing situation. Received my AIP via Nationwide's BDM looking into my case as I have 2 incomes from one employer (FTC + Permanent Contract) and another from a second employer. All said was fine and was given my AIP to apply. After 5 weeks of underwriter/senior underwriter they've now decided they can only use one…
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Existing Customer Remortgage
How easy is it to remortgage with your existing lender? We are with Santander and granted the mortgage market is CRAZY at the moment. But wanted to know if we remortgaged with our lender (santander) do they do any affordability checks etc like you go through for an initial mortgage? When we first applied for our mortgage…
