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4.12% with 999 fee vs 4.36 with no fee? 2 Years fixed
Hi hopefully a quick one - this is for borrowing 228,000 The plan is to remortgage after that initial 2 year fixed period With that in mind, even with the higher interest rate, does it work out better to use the product without fees, assuming remortgaging happens at the end of the 2 year period?
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Mortgage Payout to Ex Partner
A friend’s partner left him a few days ago, no hope of reconciliation. Their new Fixed Rate deal with same provider starts in a few weeks, on 1st Nov. Should he cancel the new agreement immediately, and go onto variable rate in the meantime? He wants to take on the mortgage himself (partner has too low an incone) and is…
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Mortgage Lender asking for HMRC but not self employed
Mortgage lender asking for 2.5 years of HMRC payments Bit of advice if any brokers around or anyone with any experience if this. Il try and keep it brief. Partner and I both buying together. Hes in the process of being bought out and my house is sold. For various reasons, but mostly because this will be classes as a 2nd…
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NRAM/UKAR
I'm hoping for advice. I found out that in 2012 I received a remediation applied to a together loan. This was applied as a credit to the loan, not issued to myself. However that remediation has been reclaimed in the high SVR rates on the loan and the mortgage. I have been advised that it has to be applied to the loan. This…
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Nationwide Tracker Clarification
As there are no ERC and unlimited overpayments if I move onto a two year tracker and I see a decent fix after 6 months I can just move onto that? My fix ends in January and I think rates will come down middle of next year. I don’t really want to go onto the variable rate.
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Remortgage time.
Hello, I’m just about to remortgage, probably pushing towards a 5 year deal, as I can’t see much upturn in the economy with Labour in charge. So not seeing much point in doing 2 just to remortgage onto possible worse deal. my question is what are peoples thoughts on term of mortgage. should I just keep it at 30 years and…
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Restriction on our property
Hi, We are at the end stage of a remortgage but have hit a brick wall due to a restriction against our address?? We were referred to Lowells Portfolio to discuss the restriction after several calls to them from both my husband and I (the mortgage holders) they confirmed there was no restriction against either of us and…
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Bluestone Mortgages timescale
Hi, I’d appreciate some thoughts as I’m pulling my hair out here!! We are in the process of selling our house and buying another. Due to adverse credit my partner needs a specialist lender and has had a nightmare with a dodgy broker messing him around so wasted weeks on mortgage search. We contacted Simply in August and…
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Remortgage conveyancing timings
Hi, I am in process of remortgaging to a diffefent lender and already got a mortgage offer, conveyancer has my signed mortgage deed and their portal says nothing is outstanding as of yesterday (19/09). My current lender is Nationwide and ny current deal runs out at the end of this month. I left remortgaging quite late, as…
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Mortgage lender refused to accept Statement of Truth and Indemnity Policy in regard to access issue
Selling my house to my son and partner. Have lived in it for 30 years. Access to the property is on a bridle path. Our solicitor was surprised that Nationwide would not accept Statement of Truth and an Indemnity Policy to resolve the issue. They said most high street lenders would. However, neither our solicitor, or my…
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Equity Release Providers
I am intereested in views on Equity Release providers So far I have been in contact with Age Partnership and LiveMore If I understand correctly Age Partnership acts as a Broker who will charge £2000 should you go with their chosen provider but Livemore are the actual providers and as such this charge does not apply…
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Natwest Additional Borrowing
Hi i got a reply from natwest after applying for £80,000 additional borrowing for home improvements. What do i need to give them because mostly quotes from builders are by mouth only and hand written.Feeling very confused what to give them.I told them it will be for extension, kitchen, electrics and plumbing.Starting to…
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End of Fix versus end of actual mortgage
Our current mortgage fix ends in about 6 months time, by which time we will only have about another 9 months to pay on our mortgage as a whole. I had naively assumed that we would be able to get some sort of bespoke length fix for this kind of interim period, but apparently not. With the relatively recent interest rate…
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Certificate of compliance
I purchased a house in 2022. It was built in 2018 and I’m the second owner. As it’s a new build there are estate charges of around £300 year. The house is freehold and I own all of it (with a mortgage). Im coming up to remortgage and speaking to mortgage broker who has advised me there is a covenant on the deeds which…
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Should we pay off our Help to Buy (H2B) Loan as soon as we can?
We were off the property ladder for a while, but about 18 months ago, in our 50s purchased a new build with a 5% deposit and using Help to Buy . We took a 5-year fix with Nationwide 1.85% and took the maximum H2B amount of £65,000. I estimate that we now have at least 15% equity - and it looks like Nationwide will lend up…
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Has anyone recently applied for a mortgage with Aldamore?
Just wondering if anyone has recently applied for a mortgage with Aldamore and how long it took to receive your offer? We applied with with our broker on 17th September after being turned down by another lender. The wait is simply excruciating! Although things have moved fairly quickly. Process time frame so far: 17th -…
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Mortgage Repossession on an Inflated Debt Caused by Bank Errors
where to start! My mortgage matured in 2024-I believe the balance is inflated, none of the figures match up, credits into the account are ledgered but not deducted from the balances, fees were capitalised unjustly, and overpayments were not applied to the capital when the endowment crashed - though it is written in the…
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Help To Buy - Remortgage to pay loan
Hi, We're looking at remortgaging and paying off the full H2B loan. Does anyone know the process for this? It's probably just me but the Gov. site is confusing and contradicts itself. The "Request to remortgage and borrow more money form" doesn't allow you to provide any information to confirm how much you pay off. Any…
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Question about application and CC debt
Hello, I have a question regarding getting my finances ready for a potential mortgage application in the near future, 6-12 months from now. I’ve also posted This in the CC forum I am in full-time employment and over the last few years have also operated a small weekend business online as a sole trader. Over those years I…
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How to prepare for mortgage application?
Morning all So we want to put our one bed flat on the market early next year and port the remainder of the mortgage across to a new property. We will be needing all funds we can scrape together for this move (I am allowing enough for stamp duty, EA fees, Solicitors ect) I have two questions Is the fact we have never missed…
