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Offset mortgage and a studio
Hello, It feels I've reached the end of the road. I'm looking for a fixed repayment offset mortgage and for a studio.For starters there aren't many offset mortgages, and secondly the ones I found don't do studios (well except more than £500k ones). I've got NOs from YBS, Coventry, Accord.I've knocked on other doors but…
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Accord Mortgage
I am currently going through a mortgage application with Accord. Today its the first day they came back asking 2 questions about my bank statement and also one more question about how much is my cc balance currently. how do you think its going? If they had any more questions would they have asked everything today or can…
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Overpayment ERC VS Savings
I have a mortgage with Halifax which has around 8 years left, I have 3 years left of my current 5 year fix. I have made the maximum overpayments for the year, Halifax have very annoyingly reduced my monthly repayments to almost half what I was already paying and want me to sit through a sales pitch to discuss reducing the…
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Further advance and second charge
I have a mortgage with Santander and 5 years later took a second charge loan on the property. I'm looking to take a further advance with Santander, and told I have 2 options: 1) Get a deed of postponement from the second charge lender. Does anyone know if this gets registered/reflected in the land registry? 2) Consolidate…
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Ex put no deposit down and paid no monthly payments
Hi Guys, wondering if you could help advise. My ex and I at the time were about to have a baby so we quickly rushed into buying a house. I put the deposit down for the house and payed all the monthly bills including the mortgage. We split almost a year into being at the house together and now have been apart for 7 years. I…
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Can you get a build mortgage against investments?
Hello all, first time poster! I am very lucky to have a fixed 10yr at 2%. 8 years remaining. Absolutely don't want to remortgage this for obvious reasons. The thing is, our house is too small for our growing family and it's in a bad way with water ingress and structural problems! Ideally we would like to build an oak…
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Barclays bank mortgage discharge confirmation
I hope someone can help me! I have sold my family home which has never been sold since it was built in the 1940's. My mother worked for Barclays for 30yrs & she got a staff mortgage to buy the house. She paid the mortgage off in early 1980's and passed away in 2019. I am sole beneficiary & have sold the house. I have never…
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Remortgage or secured loan?
Hi all, I bought a property in South London in 2019 with a NatWest mortgage. I also had some lodgers to help pay the mortgage. I kept maxing out the overpayments every year (initially 10% and then 20%). Last year my fixed rate was renegotiated and went from 1.99% to 4.09%. I can still make the 20% overpayment but my…
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Valuation on remortgage
Hi, We’re in a situation where we are right on the cusp of falling under the 90% LTV bracket. Falling into 95% LTV isn’t an option given the rates, so I either need a higher valuation or to overpay. Would rather avoid overpaying if possible. Have had 2 lenders valuations come back at £270k - £5k less than what I’d need to…
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Porting mortgage and additional borrowing/extending term
Hi all, Could anyone help me wrap my head around this? Current mortgage has 2 years remaining on the fixed term. (12 years til finished)Hoping to achieve £120k sale and current balance is £60k. New property is £195k. If I port my mortgage I would need to borrow the additional and extend the term to 20 years on the…
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Shares Transfer
I am the sole director (100% shares) of a limited company and am looking to transfer 80% of my shares to my retired parent. My mortgage application (single applicant) is based on my salary only. I have been paid 50k for the last year so have 12 months of payslips already. Lastly, if I wanted to buy shares back in 3-5 years…
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Buying property in France
Hello, Hello, I’m currently looking to purchase a buy-to-let property in the French Alps, priced at €420,000, and I require a mortgage or loan of approximately £320,000. I have an £80,000 deposit available. Unfortunately, I’ve encountered challenges securing financing. French high street banks have been unable to assist…
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Barclays Fixed Mortgage: can you still regularly overpay without ERCs?
I know this has been asked before, and I've previously used this approach with success on our Barclays/Woolwich Tracker mortgage. But it seems almost too good to be true, and I'm wondering if anyone can confirm this is still the case for a fixed rate standard residential mortgage. So, it isn't very clearly documented, but…
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First time buyer after past debt
Hi all, This is my first time posting so apologies if this is in the wrong place but I’m just hoping someone can help to put my mind at ease. A few years ago in my early twenties, I made a catalogue of stupid mistakes and got myself into a payday loan cycle - all of which were paid off 6-7 years ago and are no longer…
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Hoping to buy dilemmas…
Hi, I’ve not posted on here for absolutely years but was wondering if I could have some thoughts from others to help me. We live in a rented house right now and will hopefully be receiving some early inheritance through a property trust. I’m late 40s and DH is early 50s. We have a decent income but with past debt and…
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Interest Only Mortgage due
I have an Interest only mortgage that is due for redemption Oct 2025. Despite never having a late or missed payment I can't get another interest only mortgage, they only offer these to people on high wages with a highly valued property (In excess of the £320,000 that mine's valued at). I don't earn enough to be able to…
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Mortgage affordability checks - commuting costs
I wondered if anyone had any experience of the following please. During mortgage affordability checks, what if current commuting costs are significantly higher than what they would be in the new home? Was it enough to explain this to your broker please?
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mortgage prisoners and unregulated mortgages - class actions
unregulated mortgages - could these be defined as 'mortgage prisoners' - to MSE and Martin Lewis : are their any CLASS ACTIONS other than the Northern Rock and Bradford and Bingley actions- that might help the thousands of customers on these products? if so which legal teams are they?
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Equity release to purchase property
Afternoon all Not urgent for now and probably won’t happen soon - if at all - but at some point down the line I am anticipating a family member needing some general guidance on how best to purchase a new property. I think I can say with some confidence that renting won’t be an acceptable option. In simple terms, can…
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Mortgage Application with Leeds BS
Hello, About to submit full application with Leeds Building Society, who we have an AIP with. They are only asking for 1 months bank statements and 1 payslip each. Doesn't seem like alot, will they just come back and ask for more? Should I just submit 3 now? Anyone else been through them recently? Did they ask loads of…
