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mortgages for non uk resident
Hi all, I no longer live in the UK, but I still own property there (thankfully, mortgage-free). I'd like to raise capital from that property to fund the purchase a property in France, where I now live, and then rent it out to repay the mortgage. it's a highly sought after area and easily rented. plus i already have a…
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MSE News: Will mortgage rates fall? Should you fix now or wait? Brokers give their views
Average interest rates on two-year fixes are lower than those on five-year fixes for the first time since 2022, while the base rate now sits at 4% following a recent cut by the Bank of England. But what does all this mean for fixed rates looking forward – and should you fix your mortgage now or wait? Read the full story:…
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Longer terms equal better rates?
I’m thinking about the term length when I remortgage to either keep it the same (21 years - if I did this option I would overpay) or reduce to 15years. When I reduced 21 years to 15 on my Barclays app, it reduced 26 offers to 3. I hadn’t realised it would make so much difference
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is collateral acceptable when applying for a mortgage
so if you own your own house can you put that up as a back up if anything were to go wrong on the 2nd home.? Old house worth twice as much as the new one so it's well covered.
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Are all brokers even?
Would a broker get a better deal than what the Halifax are offering me when my current deal ends? One broker has contacted me but they couldn’t offer anything different to what I got direct myself. They still wanted me to go via them (which seemed pointless to have to submit my financial and legal documents again when I…
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Buying a house with my pension and the daughters income
Before we go and chat with a mortgage adviser next week, I would just like to see if anybody can offer any advice. We are mortgage free, however the daughter is still with us due to her low income. We would like to all move into a bigger house as she is now expecting. Sadly her partner of many years has walked out on her.…
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Do lenders ‘price match’ deals
Hi, do lenders ever ‘price match’ - I’m with the Halifax and due to end my current fixed rate deal in October. Santander has a better deal. Is there any point me speaking with the Halifax to see if they can match it before I switch or don’t they have that flexibility
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Remortgage - minimum term?
Hello everyone My current fixed rate mortgage deal comes to an end in 6 months so I will be looking around for a new deal. I currently have 9 years left on the term. However, I want to use some of an inheritance to pay off a lump sum before I renew my fixed rate mortgage. This would reduce my term to 3 years. My question…
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Can I act as the Bank for my Daughter to buy my House
I have a mortgage free house, is it possible for my daughter and husband to buy this off me direct. For example Value £280000.00 They pay me x amount each month until it is paid off rather than renting it off me. I would get it drawn up legally if it is possible. Would there be any tax implications?
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Credit file/mortgage query- HELP!
Hi all… I am in need of some advice please.. I am currently in the process of moving homes and want to port my mortgage with Santander. I was successful in getting the DIP, however when I went on to do the application, I was told it had declined due to the following reasons: - Showing active account for a lease car -…
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Mortgage broker fee for BTL LTd product
Hi, there ! Would appreciate your guidance on what approximate expected independent broker fees for BTL limited company mortgage? Is £1000 is about right/ steep ? Many thanks!
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Staying with existing lender or change
I am moving house. The mortgage I have at the moment is just in my name and will be ending on the sale of this house. What I want to know is are there any benefits of staying with the same lender for my new mortgage which will be with my partner? Does it make anything quicker or easier because I've already been with them…
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MORTGAGE ON AN OFFICE CONVERSION
I am selling my flat through an estate agent to downsize. It is a great flat that has attracted loads of viewings and is on the top two floors of an office conversion done in the 1970s. We got a buyer for whom the broker attached to the agent has been trying to get a mortgage. Unfortunately the buyer had put that it is…
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Natwest remortgage
Our Natwest 2yr fix comes to an end at the end of August. I'm wondering if anyone knows if last week's base rate cut has yet been factored into their current fixed rates? Or whether I should hold on a little longer before selecting our new deal with them.
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NatWest Mortgage Offer - Unable to change rate
Hi, We recently applied for a 65% LTV mortgage through NatWest direct through NatWest (No Broker) at 4.32%. Everything went through smoothly and an offer was received within a a couple of days. Due to the base rate going down on Thursday, the rates have now dropped around 0.12%. I phoned them up enquiring about this and…
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Overpaying on CC debt ahead of remortage
So I have some CC debt and I'm working hard to overpay ahead of my remortgage. My current deal is up January 2027 so will be looking for deals around September 2026 but between now and then I'm hammering my credit card debt and overpaying significantly to get the balance down. My question is: - Will the monthly payment I'm…
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Is an offset best for my circumstances?
Is anyone better at working out these things than me? I’d
really appreciate any advice. We require a mortgage of £180000. Best rate we can find is
3.85% with no fee and £250 cashback. We will have roughly £60000 left over once purchasing. We
want to keep this aside in case we want to send our children to private…
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Solid brick construction and mortgage
Hi How hard is to get a mortgage for solid brick single story flat? It is a conversion of an old church hall, converted in the 1980s
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Getting a mortgage with the bank that you previously had debt with.
Hi all, I’m in the process of applying for a mortgage with Barclays, I previously had a Barclays cc of debt of a value of £2.5k that was sold to a debt collector and resulted in a CCJ. This has now been paid off and was over 6 years ago and is no longer on my credit file. Will this affect me trying to get a mortgage with…
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Semi-Commercial Advice Needed!!
Any help and advice gratefully received! A year ago I moved back to my home town to set up a specialist education service. My business is a Ltd co (by shares) and I am the sole Director/proprietor. I rent a property in which I both live and work (I work with children who are unable to attend school, and providing a…
