-
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.…
-
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…
-
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!
-
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…
-
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…
-
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…
-
Mortgage/repossession/declaration of trust
Before I write an essay..are there any posters with experience on the above?
-
Mortgage prices
So I looked at upsizing in February but monthly rates have gone up by £60. Noticed a lack of 3 bed houses market on market. The lack of supply of houses has seen similar 3 beds £20k over usual asking price. I’m still keen to move but find the £60 tight margins could be a days shipping at Asda. Me and my partner also…
-
Letting a mortgage go on to the follow-on rate
I have a mortgage (Santander) with 3 parts, each with different interest rates. The first part of the mortgage has just gone on to the follow-on rate - I plan to remortgage in September when the second part of the mortgage is due to hit the follow-on rate. This way I will incur no early repayment penalty from those two…
-
Two mortgage advice
My son has a mortgage on two properties. He splits his time between both as dictated by work. He is currently overpaying on the larger of the two and will in time rent out the second property. I believe he has a 80% mortgage on this property. What is the best way to avoid capital gains on the second property?
-
Skipton Mortgage a little advice needed
Hello Everyone, I'd much appreciate for an advise here. I'm selling property and buying another. Current mortgage is with Skipton and new house we are buying is £350k. Since our affordability would not be enough therefore we are doing JBSB with my sister on the mortgage. Lender is Skipton too. The current timeline is as…
-
small mortgage/product for 'old people '.
Hi-apologies where this is prob covered elsewhere but my search reveled nothing. any way-we are older peeps -71 and 68 and doing the downsizing thing . got reasonable amount of equity but could usefully do with additional £50 k to buy the home of our (diminished ) dreams. we would use a broker but lije to do our own…
-
Fixed Mortgage Being Ended Early By Lender
We took out a 5 year fixed rate mortgage in 2022 with Skipton. We've just been told that the mortgage rate will be ending soon, 6 months early. The new rate is going to triple our repayments. Are Skipton allowed to do this? I was under the impression that the mortgage was a contract that couldn't be breached without…
-
Shifting a 0% balance credit card around the time of a remortgage - best route?
I've got circa £10k on a 12 month 0% balance transfer card (currently same bank as my mortgage is with). The promotional rate expires in August 2026. At the same time, my mortgage is due for renewal in November 2026. I'm coming off a five year fix so it's going to be painful either way, but to my understanding, I can start…
-
Panicking I’ve messed up our mortgage application – any hope?
I think I may have completely derailed our mortgage application, and I could really use some advice, reassurance, or even just shared experiences. We do have a broker, and I will be discussing this with my husband and then the broker… but I’m still building up the courage. I may need 24 hours to prep myself up before I can…
-
MAS 5 (Mortgage Agency Service
After 16 years with this company charging me 7.6% interest‑only, I was stuck and couldn’t change my mortgage because of my circumstances. After COVID, they even pushed my rate to nearly 9%. Finally, the day has come, I’m out of this company. I’ve moved to a new lender with a capital‑and‑interest mortgage, and I’m now…
-
1st re-mortgage advice
Hi, I was wondering has anyone previously remortgaged to Nationwide using their free legal service - Aberdein Considine? On the legal service package sent it mentions potential additional costs not included within the free service and they will contact me before these may be charged, if applicable to my remortgage. I am…
-
Offset Mortgage: Mortgage Interest period vs Savings Interest Period
Hi All, I took an offset mortgage and fortunately I managed to accumulate some savings. So I'm on a mortgage of 165k with savings of 140k at an interest of 5.25% I have been paying an interest amount of around £80 per month for Dec, Jan, but in Feb, that £80 jumped to around £140. I was surprised and called the provider.…
-
Sub sales and Back to back transaction Mortgage
Hi All, does anyone know or have had experience with Sub sales and Back to back transaction? I am in the process of buying a house that has been owned for less than 6 months, not yet on the land registry but seller will provide transfer deed. I am looking for a morrgage can deposit up to 25%.
-
How to fund home extension.
Dear all, I am currently mortage free. House is valued at approx £460k. I have gone with lowest estimate based on past sale prices and identical properties. Me and wife both mid 40s are NHS empolyed. Our household income is around £155k. I earn another £40k per year as locum. But this gets paid into my limited company.…
