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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…
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Aldermore mortgages/ experience with adverse credit
Seeking if anyone has had any similar experiences. I currently submitted my application with Aldermore on 24.03.25 and today 28.03.25 had the evaluation done. Aldermore came back with a couple questions with the application past address and one regarding a dmp which never crossed my mind as I’ve been paying it back for 2…
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Struggling with the wait
Long story short I’m almost 43 who has cleared almost 40k of debts in the last few years, I’ve also doubled my income by expanding my business and am finally in a position to buy a house. I applied last week through a broker and got an agreement in principal straight away with Barclays, I’ve sent everything off and am now…
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Mortgage after IVA
My husband and I successfully completed out IVA July 2024. It is due to come off our credit file next month. We are already off the insolvency register. Iva started July 2019. Has anyone any experience or knowledge of securing a mortgage post iva, particularly in regards to the percentage of deposit that may be required…
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Broker vs bank for a mortgage.
I've been offered a 10 year fixed rate mortgage at 3.99% with a £1,400 initial fee by my bank. However every estate agent is trying to push me towards going with "their" broker. I don't want to rule this option out but generally when one company is pushing the product or service of another company, it's to benefit the…
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What can I do with my mortgage/equity?
First time post! Hello I am 50 years old, married with kids. I have a property in my own name that I purchased before I was married. I have just under 7 years left on the mortgage with roughly 45,000k left to pay. Also have an equity loan/ second charge on it, which is repayable upon sale of the property, or sooner at a…
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Mortgage on split property
I am 64 years old and I have a small mortgage 62k that is coming up for renewal. I wish to borrow an additional sum £20k to build a conservatory. My current lender will only lend up to age 75 so I have applied to my bank for a remortgage to age 80. I have private pension income into retirement and everything has been…
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I got 10 choices remortgage deals here, which one shall I choose?
many thanks for helping: :D Current interest rate:6.74% Variable Rate Current monthly payment £ 1,623.42 Deals available 2 Year Fixed Standard Interest rate 3.97%Monthly payment £ 1,316.63Product fee £ 999-----5 Year Fixed Standard Interest rate 3.99%Monthly payment £ 1,318.72Product fee £ 999-----3 Year Fixed Standard…
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Buying a share of freehold
I am interested in a property which is part of a freehold (larger parade converted into flats and offices). I am going around in circles where my LISA provider says that they need the percentage of share of freehold, length of lease etc to check if a lender will consider this. The vendor states the freehold is is in a name…
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How best to re-organise mortgages
Hi, I am looking to move in the next 6-12 months and currently have 2 mortgage accounts from our first house and current house. We are looking to borrow more and I am just trying to work out the smartest way in which to do this. Our current status: 42,000 Ends 2030 - a lifetime tracker @ 0.79 over base rate (monthly £820)…
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Broker that waives fee for NHS staff
Just going through the home buying process. Have used Alexander Hall as our mortgage broker. They informed us the other day that since my partner is NHS staff they waive their fee (usually £499). They don't seem to advertise this so it was only right at the point of application we found this out!
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First time buyer, higher earner and large deposit £180k
Looking into this for my 28 year old son who is looking to buy with his long term partner early next year. Bulett Pointed for ease! They are NOT married. Deposit will be approx £180k on potentially a £750-£800k house in the Home Counties. With Stamp Duty and such like to pay everytime they move they are looking for a 10…
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Santander Renewal
My Santander mortgage is coming to the end of its current deal later this year. If I apply to them for additional borrowing and they decline will this affect the option of selecting a new deal with the current mortgage that is usually available 4 months before it ends? Thanks!
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Date of mortgage payment
So just a quick one really does it make any difference in terms of payment amount and interest on when my mortgage is paid every month because of a job I had years ago I change my payment date from 10th to the 28th. Now what happens is every time there’s a interest rate cut my mortgage goes up like £15 a month so I l have…
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ADS Additional Dwelling Supplement in Scotland
up to 8% now. And this ontop of Stamp duty that would be due on a 2nd home? Anyone with much experience dabbling in the Scottish market?
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Help to Buy Repayment Blocked – Previous Solicitor Ceased Trading, No One Will Take the Case
Hi all, I’m hoping someone here has been through something similar or can offer advice. Back in June 2020, my wife and I bought a home with a Help to Buy Equity Loan. We used Conveyancer 1 at the time. I’m now trying to repay the loan in full, I’ve had the RICS valuation done, now expired, funds are ready, and all forms…
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5yr or 10yr fixed
Yes asking for looking into a crystal ball :smile: I need to remortgage by the start of Dec 2025. Currently on a 1.34% fixed with Atom.....good old days :smiley: Value of house £550k with 100k left to pay and want to pay this off in the next 10 years. Whats most pragmatic thing to do - 5yr or 10yr fixed - any advice?
