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Mortgages & Endowments sticky
Please be aware of the MSE Forum rules when posting on this board, notably: * If using the Forum as a professional, please note that posting on behalf of your business is only permitted if you are an MSE verified user. * Advertising and spam are not permitted. * Do not share any personal information, such as your own or…
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when a 2 year fixed rate is not 24 months!
I am about to remortgage one of my buy to let mortgages with the Mortgage Works and have spotted something that I really don't understand and hope someone can enlighten me. My current deal ends 31/10/26 and have just been told I can look at my options now. The one that looks the best is to take a fixed rate of 5.74%…
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POCA and my mortgage
Massive apologies if I’m posting in the wrong forum, I just don’t know where else to turn for help! I’ve had a letter from the cps regarding a POCA from 2014, please see attached. They have done homework on me and see I jointly own my house and my part of this is valued at £60k. Now I have received this letter. Please can…
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What happens when i can no longer pay the mortgage
Hello, need some guidance please, my company that i run has just been dissolved and I'm trying to start another company as I do have the basis of a small business that I can run but the start of it for the next couple of years is going to be tough with a small income, but I have done this for 45 years, I'm 64 in a couple…
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Barclays ILA (Independent Legal Advice)
Has anyone managed to get an ILA through Barclays recently? I needed one for a Sole Proprietor mortgage but they messed it up (twice). Long story short the ILA I did wasn't with their panel solicitor. After 4 yrs I finally obtained a list of their panel solicitors but they nearly all refuse to do an ILA (still working my…
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Off plan contract cancel for an appartment in Liverpool
Summary:In 2024, I exchanged contracts for an off-plan apartment in Liverpool developed by Nexus Residential and sold through RWinvest, paying a deposit of over £60,000. Timeline & Issues: October 2025: RWinvest notified me that completion was scheduled for January 2026 and instructed me to arrange a mortgage. January…
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Perfect credit history… with 1 missed payment
For a bit of background, I’m lucky to have a healthy income from secure employment, a handful of credit cards which I’ve always paid on time, a mortgage on the house in which I live that I’ve always paid on time, and a couple of mortgages on BTLs which I’ve also always paid on time. I don’t have any unsecured interest…
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First time buyer - affordability checks.
I’m 35, never owned a home and my partner is 45, previously owned a home years ago and now renting. We have a combined income of around 35k. Me 12k (self employed, part time) and my partner 25k, full time. We have a deposit of around 16k and are looking at houses around the 160k mark. I’m unsure whether I would qualify for…
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Nationwide Zero Interest Green Additional Borrowing
I'm planning to apply for mortgage with Nationwide for my purchase of a victorian conversion flat. I'm thinking of doing some home improvements in a year time. In addition to loft extensiom, I’m considering replacing the existing windows and installing internal wall insulation in the existing first floor flat. I've…
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Mortgage broker - ask me anything
Thought I would start a thread where people can ask the brokers opinion on things @ACG @LRmortgage @kingstreet @Deleted_User (any other brokers want to chip in - these were the main other brokers who came to mind. It is definately an interesting market - probably the busiest I have ever been but at the same time lenders…
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Finding an Independent Broker in Scotland
Hi how do I find an independent mortgage broker in Scotland for a remortgage to release more funds? I've googled but just get huge generic companies or people refer me to solicitors. I've used one before but they only like completely straight forward cases. Thank you
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Struggling to work out how much I have to move house
Hi, we're selling our house (on at 295k) and moving to a different city (I have estimated all costs associated with that inc legal, stamp duty, removals, ERC, estate agent commission etc at 16k approx. ) My mortgage is currently 101k. Sorry for these stupid questions but I can't get my head around it - If I sell for 295…
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interest only mortgage retired
hi i get my full state pension also i high pip award and i run a part time business from my home on my desktop pc ,,,i have many years of accounts i have a interest only mortgages with TMB which is £25.0000 i have to pay off off in dec this year… no bad credit at all . house is worth around £450,000 + looking to pay my old…
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Equity release or mortgage on rental property to do some updating
Hi. I have a rental property which needs some updating. Is there any way I can get some sort of equity release or mortgage on it? Many thanks
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Base rate held AGAIN at 3.75%
The Bank of England has held the base rate for the FIFTH consecutive time at 3.75%. We explain why, the latest predictions for when it could change, plus what it means for your mortgage and savings. Read the full story: Base rate held AGAIN at 3.75% If you haven't already, join the Forum to reply.
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Remortgage to release equity (for other investments, not retirement)
I am 39. We have made substantial overpayments to our mortgage over the years (currently with First Direct, who allow unlimited overpayments), such that our LTV is now less than 10%. We have recently come to the conclusion that this was probably a mistake - rather than putting all our savings into overpaying the mortgage…
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Money Moral Dilemma: Should my partner who lives in my house contribute to my mortgage?
This week's MoneySaver who wants advice asks… My partner’s lived with me in my house since 2018. She’s never paid me any ‘rent’, saying it’d be paying off my mortgage, so she’d want a share of the home. Yet she owns a buy-to-let and uses that rent to pay her mortgage. When I look at the numbers, she’s much better off and…
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Remortgage or save?
We’re due to remortgage next month. Currently 1.4%(!) 185k and 20 years remaining. We also have a savings account at 3.6% currently. We could afford to pay off about 35-40k but wanted some advice on whether it would be better to do this and bring the mortgage down (whilst switching to approx 4.5%) or continue as we are,…
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Fixed Mortgage Fees
Morning all, Back in Jan 2023 I secured an AIP with First Direct, the mortgage fee was £490. At the time Mortgage rates had movement and while waiting to complete the rate fell 3 or 4 times. Each time I chased the lower rate and 'renewed' my AIP with First direct who, each time, charged me another £490. This year my son…
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Over 60 Mortgage: starting again
Hi all Long story as to how I got to this point in time, ..however I am 61 and now want to buy a property to live in, however there are a few things puzzling me. Essentially I have a decent deposit (10% of property value) and have been told I can get a mortgage for 15, maybe 20 years. I am lucky as I have a very well paid…
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Standard Life haven't removed the charge
Hello everyone, First time here and desperate for advice. We paid our mortgage off 14 years ago. We are now about to sell the house, but it turns out that the lender (Standard Life) never removed the charge on the property. I've been asking them for 10 weeks to sort this out but feel I'm getting nowhere. Part vent, part…
