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Best way to maximise inheritance please!
We are fortunate to be shortly getting £100,000 inheritance from my mum (though I'd much rather still have her around). The Estate is not yet finalised, this is an interim payment, we may get an additional £30,000 or so when everything is completed. We are currently mortgage free having lived in our house for 25 years, but…
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Moved: Please allow us a reasonable time ?
This discussion has been moved.
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Bad credit rating for not returning a router
Can anyone offer advice please? My step child has been saving for a deposit on a house and working hard. They have just applied for a mortgage though and discovered that he has a bad rating. They had an Internet agreement which they had to leave early and so paid off the requested amount but in the chaos of moving etc…
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To move to Barclays or to stay with Halifax
My current deal is ending on April 2026. My advisor called me today and he was able to get me a new deal from Barclays, rate is 4.06% no product fee. But the thing is this is going to be a new application since we will be moving from Halifax to Barclays. I wasn't able to get the new rates that Halifax is offering since…
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Credit card and mortgage application
Hi was hoping someone could help me out! I’m looking to begin the progress of applying for a mortgage/buying a home in the next couple of months. I applied for a credit card two weeks ago because I thought you would need one (credit wise) to buy, but realise now that’s not necessary. Before I’m approved/denied the credit…
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Can you use interest from savings to get a mortgage?
Hi everyone I have (or will have) about 350k in savings (150k in ISA, the rest in normal savings, including the proceeds from selling the current house), and I'm looking for a house around 400-500k. My plan is to use as little of a deposit as possible, say 50-100k and keep the rest in savings and use the interest to pay…
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When could we apply, and with who?
We are looking to move next year, and when we start the process might depend on two things. When we could get a MIP (is that what they're called? - we last applied for a mortgage over 20 years ago!) and whether we decide to wait for a new build coming on to the market later next year. In early January 2026 my full state…
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Securitization
My mortgage with kensington was a part of securitization) then it was sold to pepper engage credit i have only heard today about something to fo woth securitization but i am confused kensington confirmed to me that my mortgage was securitized in 2021 but sold to pepper engage credit what does this c,laim mean and how do…
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Paying some off mortgage
We are with First Direct on a fix at 3.08% til January 2028 when we should be in a position to pay off the remaining mortgage (circa £120k). We are saving hard to do this and we both now have the £20k each in a cash ISA at just under 5% we opened July this year and around £5k sitting in our joint account which will be…
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Santander Mortgage Account Fee
We currently have a 5-year fixed deal with Santander that's about to end, so we're looking at new deals. I'm struggling to understand whether the £225 account fee that Santander charge applies each time you move onto a new deal (in which case, it's enough to incentivise us to look elsewhere) or else only applies once so…
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Equity resale to pay for care,( the the person is already in a care home )
Hello all, does anyone know of a possibility about an equity release or loan an against a property when the person is already in a care home. The property will be up but while waiting for the sale we need to raise fund to pay for the care home.
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Remortgage Issue
Hi, I’m going through my remortgage, the problem isn’t with the remortgage itself, it’s to do with my old solicitors who I purchased the house through they’ve put an application on the title of June this year without my knowledge as the land registry had put a restriction on the title, which they’ve then tried to remove…
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Which mortgage broker?
Hi I have recently sold a flat and am temporarily renting whilst searching for a new property. This is taking some time - I had an offer on a ground floor leasehold flat but turned out it had no EWS1 and the broker (L&C) said I was turned down on that basis. However I am 58 and so can only borrow for max of 17 years. I…
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Pay off mortgage in full with ERC?
I'm clear on the bigger picture here but I'm tying myself in knots with this one, so any advice/ideas appreciated! Mortgage balance is around 220k with on property worth 650k. Fixed at 3.99% until Jan 2030. ERC of 5% applies until Jan 2027 (when it reduces by 1pp/year). Overpayments allowed without charge up to…
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Interest only mortgage term ending
I am 63 divorced and my interest only mortgage terminates soon . My mortgage is £620000 the property is now worth 1.1 million. I can't afford to pay off the mortgage. Can I use the equity to pay off the mortgage what are the implications
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Anyone received this letter from Barclays?
No mortgage arrears or other products with Barclays so wondering if it’s a generic letter or if a payment has bounced? Many thanks!
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Nationwide Remortgage Rates Existing Vs New
I notice the rates for new customers are always significantly lower for new business than for existing - is that the norm for all banks? It really annoys me, are they hoping I won't look around and stay because its so convenient (which let's face it I will probably do just that!)
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Nationwide Mortgage - Am I being ripped off with the interest payments?
Hi All As we know, software related to calculating money can go wrong and is only as good as the data input to provide calculations (Lets remember the post office scandal shall we). That includes whether the original calculations and in this case, how much interest is added t my mortgage, is worked out. I have been…
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Payslips for mortgages
I might want to take out a mortgage in the future and wonder if the actual net pay on a payslip matters or if they only look at the gross. HMRC has noticed recently that I had untaxed interest last year so now they nullified my personal allowance and made it -8k instead which is why my net pay on the payslip has taken a…
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Mortgage rate ending in Jan 2026
Hello all, Looking for some advice please! My 5 year fixed mortgage is ending soon the rate we secured back then was 1.9 and I understand we will be paying quite a bit more now. We are wondering if we should go for a fixed 5 year or fixed 2 year? Our mortgage payments are £1495 per month. Our home is now worth around 600k…
