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Removal of ex off joint mortgage after split
Hello, In March me and my partner bought a house, a week ago we decided to split and it was decided i would stat in the house with our daughter. I'm speaking to citizens advise regarding benefits were entitled to, UC etc however at some point I would like to remove him from the mortgage. The mortgage is joint ownership.…
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Pepper money mortgage extension running out!
Hi all. So we went for a new build. Mortgage application went through fine with Pepper money early April. The offer was only for 3 months and we also had 2 more extensions, but the property is still not complete. We have now been told the date of completion and we're trying to negotiate with pepper for an extension. Anyone…
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Mortgage advisor lied on my application
I had my mortgage offer accepted with Halifax back in August. yesterday I received an email from my solicitors highlighting that a requirement of the mortgage offer was that my EPC rating on the flat was an A or B ( a green mortgage product) The EPC assessment took place last week and has come back as a C. Ive had a look…
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Natwest Remortgage 6 Month Question
Hello there, new to the forum and looking for some advice! My Natwest 1.53% 2 year fixed mortgage expires June 30th 2023 so I can renegotiate on December 30th 2022. If I choose a new deal on the 30th December, will this be effective immediately or will it not kick in until my current deal expires? Many thanks
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Average 2 year fix now 5-6%
This is now apparently the average 2 year fixed rate - the property market is about to nosedive, isn't it!? My FR is up in May 2023 and there is no way I will be fixing at these rates (currently 1.94%). It would cost me an extra £6k pa and, more importantly, I see no real realistic scenario in which the rates will get too…
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NatWest appointment 6 wks away. Any other way??
My NatWest mortgage fixed rate ends July next year. Have called to arrange to pay ERC and re-fix. Appointment is 6 weeks away. i called my broker who said there’s nothing he can do without going through the whole affordability stuff with us again but I have seen someone else saying their broker sorted it today, in one day,…
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Am I crazy for purchasing a brick built, non clad building under 18m with no EWS1?
I'm flip flopping between carrying on with the purchase of a flat in London versus pulling out and seeing what the market is like next year. My offer was accepted on a great 2 bed 2 bath flat in Bow, London right next to Bromley-by-Bow tube station for 425k (it is not a new build and was built in 2006). I would be fixing…
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Mortgage for house not near work
Apologies if this has been asked recently, but when I searched the forum I couldn’t find anything post-Covid when working patterns significantly changed: My husband works 2 days in work and works from home the rest of the time. His job is in the midlands and we would like to buy a house in the Scottish Borders. Would…
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Mortgage Brokers -are they worth it.
My fixed rate mortgage expires in around 6 months time so I am looking to remortgage. Current rate is 1.79% with Nat West. House is valued at £314 000 remaining mortgage is £116000 with 22 years. I am employed and have a plus £50K income, my partner does not work. Question, my circumstances are fairly straught fwd. Most…
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Move to a tracker to avoid ERC
Hi all, sorry i feel like i'm spamming this board a lot at the moment - but really trying to juggle options. Question: I'm in the last 4 months of my Santander mortgage with a 5% ERC (which works out at £7,500) for me. I'm able to switch products with Santander now... if i was to move to a tracker product today, would i be…
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Which mortgage to overpay on?
Hi, I have two mortgages, 1 is a buy to let and 1 is residential. The BTL is for around 68k with 15 years left at around 3% (current 5 year fix) interest only but I am overpaying 200 a month. The other is for around 125k at around 1% (current 2 year fix) with 26 years left but I am overpaying 50 a month. I have about 100 a…
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All sorted, please ignore
All sorted now
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Length of time for mortgage offer
This is probably been asked many times recently... Does anyone know how you can find out how long a lender I will offer the mortgage for pre-completion? 6 months used to be the standard, however I know that Lloyds and Halifax offers all expire at the end of February if applied for today (building in the application time…
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Mortgages for over 60s
Hi, What are the remortgaging options for the over 60s? I have heard that some lenders will lend to over 60s but I can't find anything in practice. Thanks,
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Grounds for Complaint?
We recently moved into a new build property. We spoke to a broker in January and submitted a mortgage application to Halifax, paying the £100 valuation fee, and we were given an offer that expired on 30th June. From the get-go we were informed by the builder that the house had an expected build completion date between June…
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Remortgaging and self employed
Hi, I have 3yr mortgage with Santander ending Feb 2023. I am self-employed (limited company) and my annual accounts (21/22) are due to be completed on October 31st. I have been self-employed since 2015 and have earnings of about £55k per annum but due to the impact of the pandemic my 20/21 earnings have been impacted and…
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Halifax Mortgage application - asking for full credit file - worried!
I went through a broker to arrange my Halifax mortgage last week for a newbuild house I am planning to buy. Got an AIP and all was fine with the credit check. The application had to be put through quite quickly to get in before Halifax withdrew the deal on offer which was the end of the day on Tuesday. I have just had an…
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questions about choosing new deal in advance
Hi, Sorry if this has been asked before. My fixed rate deal will end in March 2023. I selected a new fixed rate deal today. The mortgage helpline advised me that I'll still be able to switch should circumstances change (a better deal comes up) as long as it hasn't gone live. So, my understanding is, if let's say I found a…
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Remortgage offer expired - Foul Play?!
Hi, I started a remortgage process back in June this year which was successful and at a decent rate of 2.64% with one of the high street lenders. All was going well and even had my additional loan credited to my account recently, until disaster struck! Back in June I had a lengthy conversation (interview) with the lenders…
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Negative Equity - what options do I have?
Hello, My fixed term finishes at the start of next year and I also need to remortgage to take my ex partners name of the mortgage. I think my property has around £50k of negative equity due to a number of external factors and now concerned about what options i'm likely to have. There shouldn't be issues around…
