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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…
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Is a 2 year mortgage the only way to avoid the high ERC of a 5 year in case you need to move
5 year fixes have high ERCs I’ve noticed. And I see porting isn’t always guaranteed and even if it allowed may still incur an ERC. And consent to let is similar. Not guaranteed and even if allowed, can be subject to fees. So is a 2 year the only way to guarantee the flexibility in case you need it?
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Mortgage Overpayment - reduce balance / term or both?
I am looking to set up a regular mortgage overpayment and have the two options. I would assume reducing the balance and term is the best choice but looking for advice: Reduce my balance and term or: Reduce my balance and keep my term the same. What's the difference / pros and cons to each?
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Want to remortgage, but now have a LTD but it's not my main income
Hello, I was wondering if anyone can help answers some questions I have please. We want to remortgage to take money to renovate our house, I'm employed and my husband is self-employed (he has been for over 10 years). A few years ago I sent up a LTD as a side business, I didn't make any money in the first year and only in…
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6 Month Rule (mortgage/house sale)
Hi, I’m just hoping someone with recent experience can possibly give me some advice/reassurance on my upcoming house sale. I’m having to sell my home that I purchased with my now ex partner due to our relationship ending. The house was only purchased by us 3 months ago and we’ve recently accepted an offer on it. However,…
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Shared Ownership Mortgage After DMP
Hi I’m 54 years old and have just paid off my DMP and would like to purchase a shared ownership home-ideally as soon as possible. Can anyone recommend any brokers who could help? thanks
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Mortgage chances
If someone was a first time buyer, 55 years old, self employed, had 2 year's books. The first around 24k the more recent around 27k, with around 15k deposit, with basically no debt, and a reasonably clean credit report (nothing missed but some late payments), what are the chances of them getting a mortgage on a flat of…
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Due to complete on a house sale but my employer is not wanting to renew my job offer!
(This has been posted elsewhere but was advised to post on the mortgage board) Hi, I am a first time buyer with a mortgage offer from HSBC and due to complete at the end of August (3 weeks ish). We have not exchanged contracts yet and I am buying alone. The solicitor already has my LISA so I am all ready to go. I had just…
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Equity release
Hi, thinking about equity release, (no mortgage and aware of all types etc) but also aware my partner would have to leave the house if i died or went into care as the house is in my name. Does anyone know if the best way round this would be to add his name to the house deeds then go for equity release?
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Short term deal or SVR
As of December my 5 year fixed rate deal ends. Depending on a family matter, we may choose to start house hunting on 1st September, and list our property. If we don’t find anything quickly or the whole process runs way into 2026, am I typically best signing a 1 year remortgage deal in December 2025 (and possibly facing ERC…
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Mortgage Chances
Hi, I currently have 10+ defaults on my credit file with a total balance of about £55k between loans and credit cards. I am fully aware of the mistakes I've made and the bad decisions I made in terms of finances. Without making excuses, some life changes contributed to my financial decline. That aside, I made the decision…
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Mortgage question about overpayments
Hi everyone I'm back to pick your brains again. My mortgage I can make over payments up to 20% of the balance, if I were able to save more than this would I be able to make a big over payment in between mortgage deals? My current fix is 2 years so could I in theory make a big payment after that fix before I sign up to the…
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How to spend incoming lump sum - Overpay mortgage/HTB/CC repayment advice
Morning all, I can't find any discussion on Mortgage vs. HTB over the past 4 years so posting for advice. I am about to receive a £50,000 lump sum. I have credit card debt which is obviously the priority for repayment. But after this has been paid I will have £40,000 to contribute to our property. My questions come in two…
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Remortgage from BTL to Residential
Hi, I am re-mortgaging a BTL property to a residential mortgage. The problem is that the new lender would not approve the application before I moved in and the current BTL terms do not allow me to move in. I need a consent to occupy that my current BTL lender does not seem to give!! So, what can I do? anyone in a similar…
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Mortgage overpayment query
Hi Everyone, I'm a newcomer to morgages in general so my apologies if my query is rather basic and should be obvious :) My mortgage provider allows for overpayments without penalty of up to 10% per year over the early repayment charge period, which is 2 years in length. My query - Is the 10% normally a fixed amount based…
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Decision in principle with financial associate
Me and my OH have recently been looking at joint mortgages which we have established are not appropriate due to his credit. We initially did get one but unfortunately something else came up which meant they wouldn’t consider. My parents have now decided to gift me some money and We have decided I should apply for a solo…
