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Mortgage broker messed up
We arranged for our mortgage to switch to a new product (with the same lender) on 1 April through a large, well‑known broker. Everything was completed in February, and we were told the new rate would automatically take effect on 1 April with nothing further required from us. For context, I hadn’t realised we would be…
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Haysto
Has anyone used Haysto Mortgage brokers? They specialise in bad credit mortgages... Looking for success stories as I'm about to submit an application today. I have 8 defaults on my credit file but they think they can help... I will be charged 6.14% OR £854 a month Fingers crossed for me Has anyone got a bad credit mortgage…
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Mortgage broker - ask me anything
Thought I would start a thread where people can ask the brokers opinion on things @ACG @LRmortgage @kingstreet @Deleted_User (any other brokers want to chip in - these were the main other brokers who came to mind. It is definately an interesting market - probably the busiest I have ever been but at the same time lenders…
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Remortgage
My current fixed mortgage rate deal ended March 31st - I instructed a new lender on March 9th, but this has not been completed in time and today my mortgage payment came out and I'm now on the variable rate - approx £100 more than I usually pay. Did I not give myself enough time for the deal to complete? If I didnt' then…
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Looking for advice regarding flat purchase and EWS1
This discussion was created from comments split from: Which mortgage broker?.
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Historic Endowment
My mum has recently passed away and when going through paperwork, I noticed that she took out an endowment with standard life at the same time as taking out a mortgage with Nationwide. The endowment was taken out in 1988 and matured in 2013 but I don’t think this was ever cashed in. I’ve tried reading up on the topic of…
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how to 'give' my son my house
I am just wondering the possiblilty of giving my house to my son and how to go about it; Briefly, I have a house valued approx 130k. Outstanding mortgage is £30k . Son is self employed, Am I right in saying that I could do something called Gift of Equity , so that he owns the £100k equity Are there any alternatives you can…
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Scary read with precise mortgages!
We’ve gone with haysto due to my colourful credit history - they’ve been amazing and put us with precise. accepted DIP and went to application. We then read how they are…. Application went in Tuesday, valuation booked in for 3/6 of the property we’re buying and today already heard back with extra questions. mainly over my…
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Nationwide Mortgage Application - If rates drop...
I'm about to apply direct for a mortgage with Nationwide. Does anyone know if they allow you to move to a lower rate if rates drop in between mortgage application and exchange? I've seen varying things online, some saying they allow it, and some saying they insist on a full new application.
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Mortgage
Hi all sorry but wandering if anyone can help as I've had a brain freeze! 🤪 We have a house which we are selling for 500k and which has a 200k mortgage but our mortgage deal is very good so will be porting existing mortgage to new house. We are buying another property which is valued at 500k so will use 300k from house…
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Help in choosing the right mortgage product in current market conditions while remortgaging
Hi all, Looking for some advice on remortgaging as I’m a bit torn on what to do. My current deal is 4.75% at £1,875/month on a £322k mortgage, ending in September. My lender has offered me an early switch with no ERCs, with options like: 2-year tracker /4.30% (/£1,790/month) 3–5 year fixed around 4.8–4.9%…
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Mortgage early repayment fee
We took out a £136K mortgage (2 years fixed) in early 2015 with Furness BS. When that ran out in 2017 we renewed it (£115K) but this time on a 5 year fixed rate. Again in 2022 we renewed (£65K) on another 5 year fixed rate which is due to finish in Jan 2027 with a further 4 payments on the SVR to finish the mortgage…
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Santander product transfer
I'm looking for a (hopefully!) quick answer to a question please. Our current fixed-term mortgage with Santander is coming to an end in early September. I am 99% sure we are going to do a simple product transfer with Santander (yes, I know there are cheaper/better deals out there but we cannot remortgage to a different…
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Re-Mortgage Dragging on Past Completion Date
Hi all, earlier in the year I started a re-mortgage process to move from my current provider to Santander. This has been facilitated through the Santander provided Enact conveyencer firm. After filling in all the documentation, providing all relevant information, the completion date was set for early April. The completion…
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Should I redo my EPC?
So The plan is to get a heat pump before 2030 as I'm not sure what happens with the next government so I don't have this atm, and atm it can actually reduce your EPC score potentially My mortgage is due to renew next year. I've noticed some providers have "green" mortgages available to those with an A or B rated house.…
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Anxious about remortgage
As the thread title suggests, I'm feeling very apprehensive. I'm due to re-mortgage from a 5 year fix in early January. I currently overpay by £250/month and put a few thousand down not long ago. Overall, I'll have reduced my mortgage by £20k in 18 months. I'll have a 50% LTV. In January, what I pay now would have be…
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Sprive App?
I’ve seen a lot of buzz around Sprive at the moment from people using it to overpay their mortgages. Has anyone used it before and is it worth doing? (Not looking for referral links, just reviews and info from people who know more about it than I do). Thanks in advance!
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How to hold a remortgage offer while waiting to see what rates do?
Hello all, My mortgage deal ends at the end of August. I recently arranged a remortgage offer through a broker. I've received the offer letter from the lender. However, I'm obviously hoping that rates fall before I need to remortgage and that I can switch to a lower rate, perhaps with another lender. The broker set me up…
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Title & Property Documents at Land Registry
Good afternoon. After completing my mortgage repayments my lender said I (or a solicitor) could now request my title and property documents from the Land Registry. I looked at the Gov website to begin the process, but the more I looked, the more confused I got. So I asked a conveyancing solicitor if I could pay them to do…
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Help to Buy Equity Repayment
Hi there, I seriously misunderstood the T&Cs when taking out a Help2Buy equity loan in 2021. While aware it is 20% equity in the house value at time of remortgage and/or sale, I believed it wasn't 20% of the current home value at time you decided to repay without remortgaging or selling. I was hoping to start repaying the…
