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BTL Mortgage - Should I clear the balance OR can I remortgage?
Hello, I have a fairly small balance left on my BTL mortgage and I don't pay a lot of interest. I have never paid it off, as im not sure if it would ever help for future borrowing e.g. could I remortgage and borrow against the equity/property? I will need to borrow money in the near future as my own house needs a new roof.…
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Shared Ownership Mortgage special clause
Need some collective wisdom here while I wait for my solicitors to get back to me (if they ever will…) I am buying a SO newbuild and due to it taking absolute ages, I've just had to reapply for my mortgage with a different lender. There is a clause in the mortgage offer which states: "You must also assign to us the rights…
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Kensington query
Have had a DIP for a kensington product and submitted full application. They have come back asking for information on defaults, childcare, landlord reference, wages, source of deposit and a small amount of sick pay. Is there anything good or bad to read into this or is it just standard procedure for them? I have a concern…
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Can I get an interest only mortgage with this much debt?
Hi everyone, I’m looking for some advice on an upcoming remortgage (Sep 2027) and whether my profile fits current Interest Only (IO) criteria. The Financials: Property Value: £450,000 Current Mortgage at renewal: £205,000 New Total Loan Required: £225,000 (£20k capital raising) LTV: 50% Repayment Strategy: Combined Sale of…
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Consent to Let Barclays Bank
Hi everyone, I’m looking for some advice or to hear about other people’s experiences with Consent to Let from Barclays. I’ve had my mortgage with Barclays since January 2024, and I’m now considering renting out my property. I’m planning to apply for Consent to Let but I’m unsure how straightforward the process is and what…
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Mortgages & Gambling
Hi all, I am currently in the process of applying for a mortgage and the broker has asked for 3 months bank statements from all bank accounts I have. My main account, the one my salary gets paid into is with NatWest and has no gambling transactions on it, but there are transfers on there to my Revolut account which does…
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Help-to-Buy equity loan - remortgage + deed of postponement discussion
In the hope that
this may help others, I want to share my recent experience of remortgaging whilst
retaining the Help-to-Buy equity loan, which is still ongoing after many months.
And also to ask whether anyone else has had similar experiences? I couldn’t
find any threads on this, so please do let me know if there’s an…
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Mortgages and defaults
Hi! First post… I recently had a protected trust deed (similar to IVA) drop off my credit file as it was 6 years old. I do still have 1 settled and closed default of £2k on my credit file but it drops off in 3 weeks time as it is 6 years old (since it was registered). The rest of my file is good. My partner's is also very…
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Debt to Income Ratio For Mortgage Application
Hi all When applying for a mortgage does the lender calculate your DTI ration based on your current affairs, or on the predicted one? So for example using rent payment now or what the mortgage payment would be? Thanks in advance.
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What brokers use the below?
Do you have any brokers who approach the below: Hinckley & Rugby BS Saffron BS Leek United BS Bath BS Market Harborough BS Tipton & Coseley BS Mansfield BS Buckinghamshire BS Melton Mowbray BS and have you used any of them?
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Extortionate Remortgage Product fees
I am considering dipping my toe into BTL as I have the option of purchasing a flat in my building for a good price and the current owner wishes to stay as a tenant for the time being. My current flat has recently been occupied by a friend who was house sitting and wishes to remain on an AST. I would need to remortgage my…
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Which brokers use the below?
Which brokers use the below? And have you used any? Hinckley & Rugby BS Saffron BS Leek United BS Bath BS Market Harborough BS Tipton & Coseley BS Mansfield BS Buckinghamshire BS Melton Mowbray BS
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I have a cifas on the official website
I have about 3/4 all saying I falsified bank statements and they referred it to Dfc and inspection. I need a mortgage but it seems like they are all on cifas to check. I was wondering why I kept getting declined and they wouldn't say just 'speak to your broker'. I kept going around in circles as it doesn't show on check my…
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Merged: Mortgage declined
This discussion has been merged.
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Help To Buy Charge on Land Registry
Hi guys, We completed our Help To Buy Redemption last December however until now we haven’t received the confirmation that the HTB charge from the Lamd Registry has been removed. It’s been two months. We can’t proceed with remortgaging with HSBC until the charge is removed. How long does it usually take to remove it? Our…
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Overpayment to end mortgage - N'Wide
I have been overpaying my Nationwide Mortgage for some years and the end is now in sight. I am allowed to overpay 10% of the original loan. Once I get into my new overpayment year (from 1 Feb 2026), my overpayment allowance will be greater than the outstanding balance. Any Early Repayment Charge would be 4%. But the terms…
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Mortgage interest error - Help Please!
Any mtg advisors around? 20 years ago, we had a further advance and converted (or so we thought) the previous Interest Only portion of the original mtg to Repayment. We subsequently realised that the BSoc hadn’t actually changed it all to Repayment, they still mentioned an IO portion. We made a complaint, which was upheld…
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Equity Release on rented out property?
Hi, advice/experiences needed… I'm looking to rent out my house so I can rent a smaller property a different area of the country, basically so I can 'test' the ground before ultimately selling up and moving, hopefully in a couple of years or so. I'm aware of all the costs/pitfalls involved in being a landlord etc. I am 61…
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Ftb advice needed
Been given a Aip by nationwide currently on track to have a 5% deposit by April due to Lisa bonus and saving. If we look at houses now and find one we like can we make an offer or do we need to wait until we have the full deposit?? Because obviously that won't be until just into April. And we are very keen to get the ball…
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Buying new home before selling current one
I am currently living in a mortgaged house with about £100k outstanding. The fixed period come to an end in July where it then will move to the SVR of 7% vs. 1.8% that it's currently on. We've put in an offer on a place that we intent to buy outright. We did this to secure the property and avoid being in chain. The…
