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Equity Release?
I owe £60,000 on an interest-only mortgage that needs to be settled next year. My husband died three years ago & he couldn't get life insurance!Do I go for equity release or a repayment mortgage? I will be coming into a considerable inheritance & would pay anything loaned back straight away. I'm 63, work part-time & also…
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REMOVED BY USER
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Age going against me!
Got a problem! I'm 70, wife is 60, in four years time our IO mortgage of £150k is due. We want to move to a 15 year repayment mortgage but the only one we could find is the Leeds but they pulled out when it emerged that our postcode is in a flood risk area! Does anyone know of any other lenders who can step in?
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Mortgage Advice - Lump Sum
My mortgage is due to renew in a few months and looking for advice. We were on a low interest rate previously and 4 years ago took out a re-mortgage with £40k extra for renovation works to the property (wish now I’d never done that, mortgage broker suggested it to us), so that brought our outstanding balance / length of…
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Looking for mortgage broker advice – Forces Help to Buy + past IVA (fully paid off)
Hi all, We’re looking for advice (and possibly broker recommendations) for a fairly niche mortgage situation. My partner had an IVA, which was fully paid off early, but it remains on their credit file until the full 6-year mark – which will be January 2026. We had originally planned to wait until after it disappears before…
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Land registry application by seller preventing remortgage even though I have title in my name!
So we all know that land registry is not having a great time. I bought my house in Dec 2024 and my mortgage fixed term ends at the end of Sept. I have everything in place for a new mortgage. My conveyancer for the remortgage alerted me to the LR not having updated the title, and so I called them, expedited the case, got an…
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Nationwide Mortgage
Hello we have just recently applied for mortgage with nationwide and i am keen to hear other people's experiences. we completed AIP and we then had to meet with one of their advisors. After this meeting with advisor we were told DIP application was a refer. the following day refer was accepted and hard search was complete.…
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Age/length of mortgage
I'll hopefully be going for a self employed mortgage in a few years when I'll be 55. I'm a bit confused as to how my age could affect things. I always thought I would only be able to get a mortgage up to the retirement age (67, 2039), but then I read it's possible to go beyond. I don't/won't have a pension but my book…
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Cashing in 25% of pension to discharge a mortgage
Hi, sense checking a situation here. We have a £271k interest only mortgage that we took out on our home to buy a rental property about 9 years ago. The rental property has no mortgage and it produces an annual income of c.£18k after all costs but before tax. Our mortgage was on a fixed rate of (1.34%) so our monthly…
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Declaring Bankruptcy after 6 years?
Hi all, hoping for some advice. My bankruptcy was removed from my credit file last month and I’m not applying for a mortgage, or my broker is sorting it. However it’s been 6 years and 1 month since the bankruptcy, he is saying he has to declare it? Even the question is “have you ever been declared bankrupt in the last 6…
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Together Money Mortgages
Hi, Does anyone have experience recently of this company? The buyer at the bottom of our chain is now using this company. The rest of the chain have been ready for 8 weeks now & we are still waiting. A month ago we were told they had been issued a mortgage but they needed to submit extra documents. This was done & then it…
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Can anyone recommend a solicitor who can help with an interim charge order please?
Someone who knows about Form K Restrictions. Thank you in advance!
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Mortgage Arrears
Please please can someone help me. My husband and I separated 8 years ago, we had a joint mortgage. He was arrested without charge for violence towards me when I had a 1 year old and was heavily pregnant. it took years to get a divorce because he wouldn’t engage and I didn’t know where he was. It cost me £12k in fees. I…
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Discharge standard security Scotland
So I've paid off my mortgage. Confetti rains down ! The problem I've got now is to create an application to discharge the standard security from the lender with Registers of Scotland. I've asked the lender to send a letter of discharge saying we've paid off the mortgage but they have said no. I don't want to waste money on…
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Mortgage Application Help
Hi all Newbie here but really looking for some helpful advice… Will be applying for a joint mortgage within next 6 months (ideally High street lender) Joint income is 47k per year, looking at 175k house with a 30k deposit… Partner has perfect credit, no debts, has also got a mortgage (selling properly currently) My credit…
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Mortgage application and credit record
Hi. I'm looking at moving house. If the mortgage was declined because of an issue with the valuation would it leave a mark on my credit record? Even though the issue was not due to my financial status.
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Self published Author Getting a Mortgage?
I'm hoping to be able to apply for a mortgage in mid 2027, so a long way out from now. But I wondered if my work situation might be an issue. I'm a self employed, self published author, which means I earn direct from having books on Amazon, and Amazon pays me. And that's fine, but my income heavily relies upon advertising,…
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Mortgage for extension
We've decided to stay out and look to possibly do an extension so have applied to borrow more against the house. We've submitted our application and documents however the bank have asked for planning permission/plans and builders quote however we have yet to get an architect and draw up plans or apply for planning as we…
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Do you need to set up a Trust when taking out a life assurance policy
My son and his partner are in the process of buying their first home. They have a mortgage in principle and an offer accepted on a property. The sellers are still looking for something to move to. My son just asked me who to add as a trustee for the trust they need to set up for their life assurance policy (advised by…
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Red flag? Mortgage broker trying to rush us into committing before potential BoE interest rate cut
My husband and I are currently arranging tracker mortgages to fill a short term cash flow issue due to money currently being locked away in bonds until the next financial year. Long story short, we need to buy our new home before we sell our existing, which we own outright. Our house is likely to realise a like for like…
