Mortgages & endowments

Hi, we're selling our house (on at 295k) and moving to a different city (I have estimated all costs associated with that inc legal, stamp duty, removals, ERC, estate agent commission etc at 16k approx. ) My mortgage is currently 101k. Sorry for these stupid questions but I can't get my head around it - If I sell for 295…

hi i get my full state pension also i high pip award and i run a part time business from my home on my desktop pc ,,,i have many years of accounts i have a interest only mortgages with TMB which is £25.0000 i have to pay off off in dec this year… no bad credit at all . house is worth around £450,000 + looking to pay my old…

Hi. I have a rental property which needs some updating. Is there any way I can get some sort of equity release or mortgage on it? Many thanks

The Bank of England has held the base rate for the FIFTH consecutive time at 3.75%. We explain why, the latest predictions for when it could change, plus what it means for your mortgage and savings. Read the full story: Base rate held AGAIN at 3.75% If you haven't already, join the Forum to reply.

I am 39. We have made substantial overpayments to our mortgage over the years (currently with First Direct, who allow unlimited overpayments), such that our LTV is now less than 10%. We have recently come to the conclusion that this was probably a mistake - rather than putting all our savings into overpaying the mortgage…

This week's MoneySaver who wants advice asks… My partner’s lived with me in my house since 2018. She’s never paid me any ‘rent’, saying it’d be paying off my mortgage, so she’d want a share of the home. Yet she owns a buy-to-let and uses that rent to pay her mortgage. When I look at the numbers, she’s much better off and…

We’re due to remortgage next month. Currently 1.4%(!) 185k and 20 years remaining. We also have a savings account at 3.6% currently. We could afford to pay off about 35-40k but wanted some advice on whether it would be better to do this and bring the mortgage down (whilst switching to approx 4.5%) or continue as we are,…

Morning all, Back in Jan 2023 I secured an AIP with First Direct, the mortgage fee was £490. At the time Mortgage rates had movement and while waiting to complete the rate fell 3 or 4 times. Each time I chased the lower rate and 'renewed' my AIP with First direct who, each time, charged me another £490. This year my son…

Hi all Long story as to how I got to this point in time, ..however I am 61 and now want to buy a property to live in, however there are a few things puzzling me. Essentially I have a decent deposit (10% of property value) and have been told I can get a mortgage for 15, maybe 20 years. I am lucky as I have a very well paid…

Hello everyone, First time here and desperate for advice. We paid our mortgage off 14 years ago. We are now about to sell the house, but it turns out that the lender (Standard Life) never removed the charge on the property. I've been asking them for 10 weeks to sort this out but feel I'm getting nowhere. Part vent, part…

hi guys, I am in the very beginnings of looking to get a mortgage. Entered into an IVA on 22nd July 2020, completed the IVA on 22nd July 2025, and not the IVA will drop From my credit file imminently 22nd July 2026. my question is, once this has gone from my credit file, will there be any issues in getting a mortgage? I…

I will likely be applying quite soon. Does anyone have any insight into whether there will be any issues with the SMI payments being higher than the interest component? I have quite a low mortgage interest rate until 2028. The government via the DWP states, and is fully aware that whilst SMI is designed to cover interest…

Hello.... Looking for inspiration, advice and similar stories of hope. I entered into a DPP over a year ago with StepChange. My mum has kindly settled the debt, very privileged and grateful to her. Obviously the credit score is 'poor'. I have been given notice and need to move out very soon. I have cash coming from being…

My credit card company has contacted me and offered to increase my limit. I never go anywhere near my limit just now and fully clear balance each month. If I was to accept the increase limit, would this affect me in any way when it comes to getting my mortgage renewal rates at beginning of next year?

Letter from mortgage provider advises we have 2 options when current deal finishes: Your mortgage deal ends on….. Choose a new deal now, before current deal ends Do nothing and pay FOR In the 2 page letter there is no mention of being able to settle the mortgage without any ERC. Is it just me or does this appear to be…

Looking for some help with this please, my friend has a terrible mortgage (used to be Northern Rock not sure who took it over) She's never tried to change it as she is disabled and her only income is PIP and UC. It has been interest only and the term ends when she's 60 (coming up) Would any lender take it over? She can…

Hi all, I’m looking for some advice and views on a complaint I’ve escalated to the Financial Ombudsman Service. I am the executor of a relative’s estate. The property was subject to an equity release mortgage and the lender took possession of the house in late 2024. Since then, the lender has been responsible for managing…

My partner and I have around £30k in credit card debt between us and are looking to apply for a first mortgage. We have always made minimum payments on time. How is this likely to affect a mortgage application? More specifically: Are we more likely to get better rates (or pay less overall) if we paid off (some of) the…

Apologies if this has been asked before/recently but I was wondering if there were any lenders in the market that would consider giving a conditional mortgage offer to someone with a high total credit card balance, with the view of most of that balance being paid of as part of the house buying process. Basically, my…

I'm currently going through a separation and remortgaging the house in my own name with a transfer of equity. House value £220k, remaining balance £140k, paying my ex £40k so full remortgage amount £180k. Fix ends August 31st this year (2026). I did get us a good fix in our joint name six months ago but obviously I now…