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Bank of Ireland - mortgage prisoner ?
I am looking for advice as I’m not sure of the best way forward. I have a two part mortgage (previously ported) with Bank of Ireland. One part ends at the end of August this year and the other at the end of May 2026. I am looking for the best way to put the parts back together in order to allow us to remortgage to another…
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Mortgage and CCJ
Am not sure if this is the correct place for this question - but here goes. I'm trying to help out a member of my family who is wanting to move house, but she has a CCJ. She's had a mortgage with the Nationwide for 7yrs, but 2 1/2 years ago she ended up with a CCJ which she has been paying each month with no missed…
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I've been researching mortgages for weeks and only just realised this.
The principle amount you borrow remains the same through the length of the mortgage and doesn't increase with inflation... Rent will always increase with inflation. Yes I'm subject to interest rate fluctuations but since 1992 the interest rates have remained below 6% and assuming we don't have another covid situation on…
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Help to buy Question
Good Evening! I’m looking for some clarification on our HTB loan. We’ve been renting our house for the last year with approval from HTB, as we had to relocate for work. We’re approaching the fifth anniversary of purchasing the house, and I haven’t paid much attention to it since getting approval over a year ago to rent it.…
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Tsb being sold
Hello I took out a fixed mortgage 3 years ago. If tsb is sold. Does the original mortgage agreement stand. I.e. it honors current deals. Thank you
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Mortgage for renovations
Can I borrow more from the bank than is required to cover the list price of the property? For example, if I want to buy a house for £160,000 and I have £30,000 in a LISA. Can I borrow £145,000 instead of just £130,000, and use £15,000 to renovate? Or will the bank want to lend me as little as possible?
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Remortgaging and selling house advice please
Hello. I'm planning on putting my house up for sale and my fixed rate runs out in October. I don't think the house will sell by then or be completed if it did sell but won't know until I put it on the market. Im currently on a fixed rate for 2 years which is 6.59%. The follow on rate is 7.74% life time tracker (BEBR…
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To change bank before mortgage app
I'm going to remortgage next year and am aware I shouldn't apply for credit in the run-up, but would a bank account switch be a bad idea now? I am not overdrawn with my current bank, it would purely be to benefit from cash back on bills paid by DD and a better savings account rate.
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Remortgage stamp duty
My son and his girlfriend bought a house and the split up. She didn’t want anything to do with house just her share of the deposit . My son had to remortgage because you can’t take a persons name off the mortgage. He paid the mortgage and could do quite comfortably on his own but the mortgage company wouldn’t give him the…
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Renewing insurance after bereavement
Taking on family home of 40 years plus and looking at my decease parents insurance they were paying a ridiculous amount £1300 per year. My first investigation got this down to £800. 4 bedroomed end terraced house on a council estate which they bought. Problem is when asking about materials they ask about brick and there is…
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Remortgage/new purchase advice needed please!
Hi all, I currently have a buy to let property and my own residential property which I live in. The house I live in is currently mortgage free, I plan to remortgage it using a buy to let mortgage for a LTV of 75% and purchase another property in which I will live in. I will need a small residential mortgage too to cover…
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Paying lump sum before remortgaging
I will be re-mortgaging at end of Nov - looking at 5 or 10 yr fixed moving from Atom at 1.4% for last 5 years. I have paid my overpayment allowance every year but I have around £30k I can throw at the mortgage to reduce from £100k to £70k. How would I go about paying this lump sum towards the mortgage given I have gone…
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Interest Only Mortgages and age restrictions.
I was wondering if anyone can help with this at all and advise if this is a general rule? I've just gone through a new product selection at the end of a fixed rate, I've gone onto a tracker as that doesn't have any penalties as I'm going to be moving in the next 6 months anyway. As part of the discussion I asked about an…
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Paying mortgage on my own after abuse/divorce
Me and my
husband have recently separated after he was violent to me on two separate
occasions as well as other things. He was arrested and I am receiving support
from the relevant authorities. We have a
joint mortgage and a 16 month old son. I want to
divorce him and I am entitled to legal aid to do so. My main
question…
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Age limits on residential mortgages
Hi, I am going to be applying for a residential mortgage soon, I am currently employed and have my own business. Are there any age restrictions on residential mortgages? I am currently 60 and being told by a mortgage broker (L and C) that a 10 year term is most likely the maximum I can take, which pushes the monthly…
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Should my husband contribute to my mortgage
Hello all Really interested to get thoughts, I purchased a house 2 years ago, I was married to my husband at the time but for reasons I won't go into it was rocky. As I purchased the house from a relative they gave me a reduction in price which my mortgage advisor put down as a deposit. When things relationship wise worked…
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Making a lump sum payment against my mortgage
I'm in a position to be able to make a lump sum payment against my mortgage. I have the sort code and account number for the mortgage, do a make a payment to that account or a transfer?
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Agreement in principle, surprised so low
I recently got an agreement in principle which was less than half of what the Rightmove calculator had indicated I might be able to borrow based on my income. I put down that I had £500 in commitments, which is all my bills excluding food. Some of them I could get rid of though. Would paying off all my debt and staying out…
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Aldermore and final checks
Wondered if anyone knew if Aldermore do any final credit checks or anything before completion? They’ve already done 2 hard searches as the application took so long, so wondered if they would be doing a third?
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mortgage rejected base on CCJ in 2022
Today my wife and I applied for a mortgage for an extension to our home. We have no debts, no outstanding credit card balances, and maintain healthy bank account balances. We are well within the affordability criteria. we are both on £90k+ I pay for Experian every month, and my credit report shows no missed payments and a…
