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Exchange to completion - question.
Hello everyone, I have (probably dumb question) question about my mortgage application. I have spoken to my broker who said “should be fine”. I don’t like the word “should be”! I have exchanged on a new build property, my mortgage is all in place. But I am about to pay off a vehicle I have on PCP and use the equity I have…
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Clydesdale recent experiences
Just wondered if anyone has any recent experience with Clydesdale mortgage application. I have had my application in via a broker since the 23rd September and my valuation was done pretty quickly 2 weeks ago, however no one has told me if its fine or down valued. I have just signed the DD mandate and the declaration on…
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Is it a good time to sell your house
Is it a good time to sell your house and rent before purchasing another one in this period of uncertainty and price rising.
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Remortgage affordability
I am remortgaging, I would like increase my mortgage to consolidate debts and for some home improvements. Are the debts calculated in the affordability assessment or are they ignored as they will be paid off with the remortgage?
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Precise mortgage offer extension
Hi Guys, Can anyone tell me if Precise are currently likely to extend my mortgage offer and if so, what would be the standard extension (1-2) months?? Our offer rate is 6.09 which was fairly high upon issue but now the same product has risen to 8.39 percent
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Fix or Pay Off?
My fixed rate of 1.79% finishes in Jan. Current lender Santander best 2yr fixed is 6.14% with £0product fee on 4yr term left for £35k LTV 13%. Is there any lenders particular good for low LTV that could offer better rates? Would I benefit from getting a loan to pay it off?
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Transfer of Equity
If I transfer 50% of the equity in my house to my partner, will i need to remortgage and pay an early redemption fee (there's currently 4.5 years left on my current mortgage deal) or will Santander just add her name to the mortgage. The house is worth approx £550,000 with £260,000 outstanding on the mortgage, I've tried to…
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Natwest mortgage
Hello everyone, i really need help on this. My broker submitted my application on 15th of September. She said over documents on 3rd. Desktop valuation done on 20th of September. Today I called and they said partial documents have been looked at, but could take upto 20 days. I have loans which ill be paying off. I am very…
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Remortgage didn't complete?
Hello I was due to exchange contracts today; the buyer and my solicitor were both in touch this morning and we all agreed a completion date. I bought a bottle of fizz and put it in the fridge. Then there was complete radio silence from the buyer and their solicitor until a few minutes ago, when the buyer's solicitor…
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Overpayment vs saving
Hi I have a fixed rate mortgage ending Sep 24 at 1.94%. I'm currently overpaying £150 per month. I'm trying to calculate whether to continue to overpay or whether to open a regular saver specifically for the £150 per month. I notice that the highest regular saver at the minute is Barclays at 5.12%. Am I correct in thinking…
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Lender wanting "Government gateway document showing monthly earning for the last 3 years."
Hi all has anyone experienced lender wanting Government gateway document showing monthly earning for the last 3 years? I had one previously wanting 3 years but not showing monthly earnings over the past 3 years. Why would they want this? Thanks in advance
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Mortgage rates
Will mortgage rates come down as quickly as they have gone up if there is a significant u-turn on the mini budget?
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Nationwide mortgage renewal for Jan2023
Hello, my 5 year fixed rate is due to run out Jan 2023. I wanted to get this organised sooner but my second baby arrived 7 weeks early and everything was manic for a while. Now everything has settled in wondering if its best to get things planned now or wait. I've read on another forum post that things could be changing…
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Redeeming Mortgage
Just paid off Mortgage a couple of days ago with Santander, it was a largish amount and it has gone out of my current account but still on my mortgage account it is showing i still owe it, is this normal does it take a few days to clear?
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Tenants in Common after divorce?
I would like to ask a question on behalf of my friend. She is in the process of divorcing her husband and they have 2 children and a jointly owned marital home that she pays for. They are on amicable terms and they understand he is entitled to 50% of the equity in their home, but as she is due to remortgage next year, with…
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Buying out an ex? Or other options?
Apologies if you’ve read this post elsewhere, it seems to span several boards for relevance! I’m gathering information right now, in case I need to leave my partner (unmarried, no kids). I live in Northern Ireland, we are both early 30’s. We are joint tenants on a 1st time bought property we purchased in November 2020 for…
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Halifax offering mortgage offer extensions?
We are in a chain of 5 with a good mortgage offer agreed. Our offer expires 31st December. Anyone know if Halifax are agreeing to extend on offers?
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NHBC certificate
Hi all The house I’m buying currently is due to complete. However, My solicitor just received final enquiry from lender solicitor which as below: Lender solicitor is asking about seller to contact NHBC and obtain duplicate of the final certificate or an email confirming that they had responsibility for building control on…
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Time to remortgage!
Hi, My fixed rate is coming to an end in December and I'm looking to remortgage. I know no one has a crystal ball but I wondered if there were any views on whether I should go into a remortgage deal now or whether I should wait until the new budget is announced - I don't know if that will make things any better or not.…
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Non simultaneous purchase Nationwide
We’re buying a new build off plan (expected to complete last week of Feb at the earliest). Have been informed by estate agent today that our buyers mortgage is due to expire mid Feb and they cannot obtain an extension. We’re fortunate enough to be able to break the chain and move in with in-laws for a couple of months to…
