Mortgages & endowments

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…

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…

Hi all, I just wanted to share my experience with you all to maybe offer a glimmer of hope in stressful times. After deciding to take the plunge and purchase a new build property using HTB as FTB, me and my partner applied for a mortgage via the developments onsite broker. I was very skeptical as to whether we would get…

Needed to have a space to unload the rollercoaster of the last year. So apologies here it is. My partner moved out 9 years ago, it was slightly messy at the time and was compounded by him then taking credit cards out in my name. I was naive and honestly thought he was better than that, but he manipulated the situation to…

Hi all, I just wanted to send a message of thanks to all that helped me during my house buying process. It was a long and bumpy journey that was filled with a lot of anxiety and sleepless nights. It truly is one of the most stressful things you can do. We finally completed on our purchase today. I, being the neurotic mess…

12/04/2021 - PLEASE NOTE: THIS HEADER POST IS NO LONGER UPDATED AS THERE ARE NOW A GOOD NUMBER OF 95% LTV LENDERS AND PRODUCTS IN THE MARKET AND UNFORTUNATELY FAR TOO MANY 95% LTV PRODUCTS TO ACCURATELY KEEP TRACK OF Now that we've had notification of the first 95% LTV mortgages coming back after a very long time, I…

Hello I've never posted before but been lurking in the shadows for a while. Just wanted to recommend haras the broker who posts on here regularly. Its only taken 7 working days with her expertise from application to offer. We had one request for a p60 and that's it as she gained all into required beforehand. Was so sure we…

So this part of the forum has been going wild the last few weeks with the turmoil in the housing market and there are a lot of common questions being asked. I thought this might help answer some of these common questions to save things getting lost with lots of people asking the same things. **UPDATED 28/05/20** Q. I have…

I wanted to share this in case anyone else has a Yorkshire Building Society offset mortgage and is affected by the removal of banking facilities from the offset savings account. This may affect other YBS offset mortgage customers, depending on their product and how they use the account. My case did not go to a published…

NatWest increases overpayment allowance to 20 % without incurring an ERC. The overpayment allowance which has increased from 10% will renew annually on the anniversary of the product draw down. I just found this out today when I logged in to manage my mortgage so I thought I would mention it here in case anyone might…

I just want to thank everyone on this forum for their help and opinions , it's been a life saver. And to say , finally, I completed . I received completion email yesterday from the lender and it felt Awesome. Just wondering if I could change my mobile phone contract today? It's long overdue but couldn't do it because of my…

Over the last 10 days, since the bank-rate rise on 3rd Nov, many lenders across the breadth of the market (mainstream, adverse, BTL, small building societies, etc.) have reduced the cost of mortgages for both new business (purchase and re-mortgage) and existing customers (product-switches). This spans fixed, tracker and…

It's early days yet but of the 3 relatively large mainstream lenders that have sent out broker product updates after yesterday's rate rise, they've reduced mortgage costs for some products. This includes rate-reductions, tweaking fees down, introducing/upping cashback, etc. Not huge rate reductions (up to around 0.25-0.3%)…

Just got notified by Nationwide that from today (5 October), for clients that already have a mortgage with Nationwide, a rate-switch can be requested within 6 months of their current fix ending. So if you are currently on a Nationwide fix ending 31/03/2023, you *should* now be able to secure a rate if staying with…

So I'm telling my story here, might be totally useless, but it also might be useful to someone in a similar situation. We started looking to buy a property at the very end of 2019. Just before COVID. We didn't know if we'd get a mortgage from anyone so we approached a broker just to see if anything was even remotely…

Info available - * Available from 19 April * Mortgage guarantee scheme * 2 year fix - 3.73% (£999 fee), 4% no-fee * 5 year fix - 4% (£999 fee), 4.2% no-fee * FTBs, non-FTBs and Homemovers * Max loan amount 500k * No background properties permitted * No new-builds * No schemes * Enhanced credit scoring * LTI cap of 4.49x *…

Really cheered me up, this one! Halifax will have 90% LTV products for FTBs from next week. Headlines are - - only std purchases, no new builds or schemes - max LTI of 4.49x - max loan of £500k - major change in affordability assessment: even if you intend to pay off existing credit prior to completion, they will be…

First Direct will be raising their rates on Monday but if you are an existing customer and are just after a rates change then you can lock in the current rates by calling up Sunday and booking it in. Current rates before rise:

was wrong.... The BOE is now going to 5% as a minimum in my eyes, with rates set to continue into 6% over next 12 months. Surely this has got to stop eventually, how anyone can now afford a mortgage with stress rates at 8% is beyond me, especially if single, first time buyer or even upgrading homes. And I don't need to…

This is my Diary, been a lurker on this board for a while now. Saving to buy a home in 2025. Should have a £25000 deposit by then if I stay on track with my savings and investments. Saving every penny to get that deposit together and also have fees and an emergency fund. LISA currently stands at £5400. 

Rates going up across the range, new product guide can be seen here If you are currently reviewing any Halifax recommendations, or your broker is waiting on your go ahead, please get in touch with your broker. I wouldn't read too much into this. Halifax is currently flooded with business from the few days that they had…