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Second mortgage?
I currently own a property it’s worth £225k I owe £115k on it with virgin bank. My mum lives in this property & I rent an apartment £600 per month. I’m self employed and am just doing my first tax return I earn £35k. I want to get a mortgage for myself. Is this likely to be able to be done and what type of deposit would I…
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Special Guardianship Order & a gifted deposit
Hi all, My partner and I are looking to buy our first house in Wiltshire. To help us, my partner’s parents would like to gift us £10,000 towards the deposit. They aren’t her biological or adoptive parents. She was placed with them under a Special Guardianship Order when she was a child and lived with them until she moved…
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Should we max ourselves out on our mortgage?
Husband and I (32M and 29F) are looking to buy our forever home but not sure if we would be stretching ourselves too thin. We have considerable equity in our current home due to my parents helping us get on the property ladder 6 years ago. Figures House price: £700k listing price Deposit: £250k Mortgage: £450k @ ~3.9%…
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Mortgage final checks
Due to complete in a couple weeks mortgage with skipton what are the final checks likely to be just a final credit check or bank statements and payslips want to have everything ready for completion
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Second Home as shared Ownership
Me and my partner recently purchased by first home as a first-time buyer 4 months back. Both of us are working in same company which is now planning to close it's facility and making us terminate from position. My partner found job in oxford and we want to move there. While looking for renting options, even single bedroom…
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Mortgage when splitting with partner
This is probably more legal but I'm not sure where to post so sorry if this is incorrect. I'll also be getting proper legal advice. This is more a "what can I expect" sort of request I bought my home with my ex husband in 2016. We divorced and had a gentlemen's agreement about the equity. My new partner moved in mid 2019.…
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Joint mortgage agreed in principle, but an old pay day loan from 2018 has appeared on my file?
So me and the Mrs have had a joint mortgage agreed in principle on a £370k house with a deposit of around £135k. We have had our mortgage approved in principle through a broker and through RBS. I had some pay day loan history back in 2016-2018. This should be off my file, but one company, The Money Platform, have for some…
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Merged: Prefect credit report but still rejected
This discussion has been merged.
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Remortgage - Affordability Question
Hi, I am due to remortgage in June 2026 and am currently roughly half way through paying off a 10k loan at £211 per month - I know this will be taken into account for affordability at remortgage stage and wondered if it would be better for me to take out a new 5 year loan for the 5k balance (which would reduce my monthly…
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Advice on broker needed
Please excuse my niaivity, I have been speaking to an advisor and they seem to think with the situation I'm in I can get a mortgage offer, but as it's a relatively low deposit the monthly payments would be possibly too high. I said I may need to wait until April when I can save up another chunk and get another £1k, ie 5k…
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Can I mortgage my french property to release cash
Hi, My husband and I own a property with no mortgage in Brittany, France. We've had it for approx 20 years. We would like to access some of the money in the property. How can we go about this? Is it possible to get a mortgage or loan with a french bank even though we don't live in it. It is just a second home, we do not…
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Number of Committee members
Firstly apologies, I don't know what category to put this in. I need to know what is the number of committee members required preferably legally for a committee for the following. - A housing development consisting of 16 private properties - Built on freehold land - The committee consists of residents only - To oversee and…
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RBS One account changing to use their app
Hi all, currently got a One account that is switching to using RBS for app and online banking access. I’ve registered and logged in but can only see the mortgage balance and transactions to the main account - not of the additional pots are visible or usable. Is anyone else going through the change and seen what I must have…
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Releasing Cash from House
We are a retired couple, no dependents aged 69 & 70. House value is circa £220k and we are looking for some advice as to release some cash to enjoy during the last few years on this planet. We are not planning on leaving a "big" will to any relatives. Our thoughts are if we can leverage as much as we can (up to 50%?) of…
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Equity Release Advice
Where is the best place to get honest and straight forward advice on getting Equity Release? We are in a crisis over a bank charge on our home due to a security given for our business, which went into administration 3 years ago. My husband is 76 and I am 73. The house only has 23k left to pay on mortgage and the equity is…
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Pepper money? Anyone have any experience good or bad please
Just wondering if anyone has any experience, good for or bad, of Pepper money for UK market. When googling only negatives are apparent. I’m certain that’s not a true reflection of a company as most people I think only tend to review if they’ve had a bad experience. Anyone?
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Downsizing and porting existing mortgage
We have a c.300K mortgage with Santander on a property worth c.600K (so about 50% LTV). The mortgage product/rate we're on (fixed) has a maximum LTV of 75% (so we're well within that). Since buying the house, for various reasons (including home improvements), we've racked up a few loans and credit cards. Our plan is to…
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Mortgage Complaint - Private recording, can I share transcript and/or audio with the FOS?
Hi, Long-standing mortgage complaint currently with the FOS where the initial adjudicator rule in my favour but the ombudsman has not upheld my case but I have one final opportunity to submit new evidence. As someone who has worked in finance for over 13 years, albeit, in a different industry I felt I had a very strong…
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Borrowing lump sum for extension. Remortgage, loan, other?
Hi everyone, Could I have some advice please? Brief financial outlay below: Property value 325k Outstanding mortgage 90k and 10 years left Joint income 75k We need 60-70K to modernise and extend property What would be the best way to borrow this extra money to fund this?
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Holiday let mortgages
Does anyone know on the web where holiday let mortgages can be compared? It is very limited on moneyfacts.co.uk Many thanks.
