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Remortgaging when recently self employed
Hi there. Our 5 year fix ends next July so I'm starting to think about remortgaging and what that might entail. We currently have around £222k balance and there will be 30 years left come July 2027. Our rate is 2.75% so I know our payments will significantly increase whatever we do, but obviously I want to limit the amount…
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Halifax Credit Scoring Above 85% LTV
Hi all, We're FTBs with fairly specific circumstances, looking at shared ownership properties in England. We are hoping to do 95% LTV, which I recognise is very optimistic in our circumstances. We've received an AIP from Halifax, with a maximum loan of more than twice what we need but capped at 85% LTV. Halifax are the…
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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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Son bought at auction for less than mortgage offer
Hi, my son bought his first property at auction (Modern Method), last week, and won it for less than his mortgage offer. He had to pay £6600 fees upon winning. Can this be added to the hammer price and the total put forward to the mortgage company? Also, he has a LISA, which he will totally withdraw, meaning that there…
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Charge on Property Preventing Remortgage
Hi guys, I’m not sure what steps to take so thought I’d post here for some advice. I bought my first home 2 years ago using a Help to Buy ISA with a 2-year fixed mortgage. Now that I’ve come to remortgage, I’ve been told that the Land Registry was never updated for this property and that it is still registered in the…
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Are weekly / fortnightly mortgage overpayments better?
I'm mid-divorce and find myself 52 years old with a new mortgage of £111k over 18 years (on a 2yr fix at 3.63%) I plan to overpay my mortgage, and interestingly have just come across something online which says that making the overpayments fortnightly, or even weekly, saves you more in interest than doing it monthly. Is…
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Existing provider or shop around?
I have 95k remaining on my mortgage with a remaining term of 16 years, 4 months. Property value is approx 275-295k. My existing rate has come to an end. When I choose a new rate I’m going to put in a lump sum of 20k to bring it down to 75k. Is it wise to stay with my existing provider (FD) who I also bank with, or usually…
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To fix or not to fix!
Our new mortgage will start on the 1st July, was really hoping the rates would come down over the last couple of months but no joy and thanks to the middle east conflict they're creeping up slightly. Managed to fix a couple of months ago with existing provider at 4.88%, if I'd have been quicker off the mark I could have…
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Money Moral Dilemma: My ex owes me £4,000 I paid in mortgage fees - how do I get it back?
This week's MoneySaver who wants advice asks… My partner and I recently split. We had a five-year fixed-rate mortgage, and he wanted to transfer it to his new house. I agreed so we wouldn't have to pay an £8,000 early repayment charge. But he hadn't completed on his new place when we sold our house, so we each paid £4,000…
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Any recent experiences with VIDA Homeloans?
Our application is due to go in any day now. What was the process like for you if you don’t mind sharing? We had a DIP with them for £210k. We’re buying for £250k but are borrowing the full £210k. Our broker said this wouldn’t be a problem. My partners credit is perfect. He has changed jobs from being self employed for 4…
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YBS offset mortgage facilities removed – Financial Ombudsman success
I wanted to share this in case anyone else has a Yorkshire Building Society offset mortgage and is affected by the removal of banking facilities from the offset savings account. This may affect other YBS offset mortgage customers, depending on their product and how they use the account. My case did not go to a published…
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MSE News: Base rate held again at 3.75% – here's what it means for you and when it might change
The Bank of England has held the base rate for the fourth consecutive time at 3.75%. We explain why, the latest predictions for when it might change, plus what it means for your mortgage and savings… Read the full story: https://www.moneysavingexpert.com/news/2026/06/base-rate-held-bank-of-england/ If you haven’t…
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Choosing an 'adverse' mortgage broker advice
Apart from the obvious titled specialists in this area, is there anything in particular I should be looking or asking for when selecting the best broker for us? We are looking at recently cleared mortgage arrears and multiple defaults all in an agreed self managed payment plan. (No CCJs or bankruptcies, even though we are…
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Next steps with mortgage broker compensation claim.
Sorry, this is a bit of a long one. Our mortgage broker made an error which resulted in us losing a mortgage deal (I’ve posted about it previously here: Previous post). They have admitted the mistake, and we’ve been going back and forth over their compensation offer. Because rates increased sharply at the time, our…
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YBS refusing to cancel pending product transfer despite clear mistake – serious financial impact
Hi all, First of all I think this is the best category I can post it to - apologies if its in the wrong place. I’m hoping someone can offer guidance or share experience, because I’m in a very difficult situation with Yorkshire Building Society and I’m struggling to see a way forward. What happened On 8 April I selected a…
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Endowment mortgage has come to an end, what are we going to do?
Hi everyone, I am hoping to get some advice here. Our endowment mortgage has come to an end and we do not have a policy in place to repay it. Our mortgage provider, who we have been with for the 25 year period, has said we can convert to a repayment mortgage but will have to apply for this like it is a new mortgage…
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Remortgage hell
Hello i am looking for some positive help. We have recently sold our house and had an offer accepted on new house. Our mortgage advisor has applied first off with our Current lender who said no. He then tried the Cumberland Building Society who are also looking like they will say no. The problem is my old dmp. Its full…
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Close to new mortgage deal offer but ZERO INCOME
My nationwide mortgage is up for renewal by the end of October this year Apparently they give the new mortgage deals 3-4 months in advance so this month or next. At the moment I have NO INCOME. I do not want to spook the process of searching for a new deal stating that I have no income as I feel that it would go against me…
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What percentage to buy?
Hey just after some advice. 35, live with parents. Currently salary £28,100. Tend to come out with about £1,900 after tax/insurance each month. Salary sacrifice 7% into pension. I have seen an upside down house with wrap around garden, 25% share for £56,250. https://www.rightmove.co.uk/properties/87903045#/?channel=RES_BUY…
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mortgage availability regs for build over problems
There have been a few threads regarding lack of build over agreements for pre 2011 conservatories so apologies if I'm repeating one but I couldn't find any that throw light on mortgage lenders approach to this. I'm really worried about selling my house that I inherited with it's 1980s small conservatory built over a sewage…
