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6 Month Rule (mortgage/house sale)
Hi, I’m just hoping someone with recent experience can possibly give me some advice/reassurance on my upcoming house sale. I’m having to sell my home that I purchased with my now ex partner due to our relationship ending. The house was only purchased by us 3 months ago and we’ve recently accepted an offer on it. However,…
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Shared Ownership Mortgage After DMP
Hi I’m 54 years old and have just paid off my DMP and would like to purchase a shared ownership home-ideally as soon as possible. Can anyone recommend any brokers who could help? thanks
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Mortgage chances
If someone was a first time buyer, 55 years old, self employed, had 2 year's books. The first around 24k the more recent around 27k, with around 15k deposit, with basically no debt, and a reasonably clean credit report (nothing missed but some late payments), what are the chances of them getting a mortgage on a flat of…
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Due to complete on a house sale but my employer is not wanting to renew my job offer!
(This has been posted elsewhere but was advised to post on the mortgage board) Hi, I am a first time buyer with a mortgage offer from HSBC and due to complete at the end of August (3 weeks ish). We have not exchanged contracts yet and I am buying alone. The solicitor already has my LISA so I am all ready to go. I had just…
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Equity release
Hi, thinking about equity release, (no mortgage and aware of all types etc) but also aware my partner would have to leave the house if i died or went into care as the house is in my name. Does anyone know if the best way round this would be to add his name to the house deeds then go for equity release?
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Short term deal or SVR
As of December my 5 year fixed rate deal ends. Depending on a family matter, we may choose to start house hunting on 1st September, and list our property. If we don’t find anything quickly or the whole process runs way into 2026, am I typically best signing a 1 year remortgage deal in December 2025 (and possibly facing ERC…
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Mortgage Chances
Hi, I currently have 10+ defaults on my credit file with a total balance of about £55k between loans and credit cards. I am fully aware of the mistakes I've made and the bad decisions I made in terms of finances. Without making excuses, some life changes contributed to my financial decline. That aside, I made the decision…
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Mortgage question about overpayments
Hi everyone I'm back to pick your brains again. My mortgage I can make over payments up to 20% of the balance, if I were able to save more than this would I be able to make a big over payment in between mortgage deals? My current fix is 2 years so could I in theory make a big payment after that fix before I sign up to the…
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How to spend incoming lump sum - Overpay mortgage/HTB/CC repayment advice
Morning all, I can't find any discussion on Mortgage vs. HTB over the past 4 years so posting for advice. I am about to receive a £50,000 lump sum. I have credit card debt which is obviously the priority for repayment. But after this has been paid I will have £40,000 to contribute to our property. My questions come in two…
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Remortgage from BTL to Residential
Hi, I am re-mortgaging a BTL property to a residential mortgage. The problem is that the new lender would not approve the application before I moved in and the current BTL terms do not allow me to move in. I need a consent to occupy that my current BTL lender does not seem to give!! So, what can I do? anyone in a similar…
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Mortgage overpayment query
Hi Everyone, I'm a newcomer to morgages in general so my apologies if my query is rather basic and should be obvious :) My mortgage provider allows for overpayments without penalty of up to 10% per year over the early repayment charge period, which is 2 years in length. My query - Is the 10% normally a fixed amount based…
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Decision in principle with financial associate
Me and my OH have recently been looking at joint mortgages which we have established are not appropriate due to his credit. We initially did get one but unfortunately something else came up which meant they wouldn’t consider. My parents have now decided to gift me some money and We have decided I should apply for a solo…
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Mortgage Rate Change
I would appreciate some advice please, I received an expected letter from HSBC that my current mortgage rate of 3.24% is coming to an end on 31st October. Is it best that I wait a few days before I check the new rates, given the recent interest rate cut? Not an expert with all things mortgage and I obviously want to get…
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Mortgage in Principle - low and will I get it ?
Hi I have a £185k deposit gift that I can’t use for anything else but a deposit I have £18k of secret credit card debt that I need to address myself - it’s currently interest free I got accepted for a mortgage in principle off two lenders for £100k - low as I’m on £45k but in a sales job with a bonus - apparently that…
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Mortgage query
Hi Im currently trying to sell my house but it’s very slow, with no offers. A property we’d like to buy has come on market. We’ve enough savings for 60k deposit but property will be sold before we sell. My son has offered to buy as 1st time buyer to secure it. can he use our deposit and we’ll just buy it off him once we’ve…
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Fix coming to an end plus Help To Buy
Hi all Posting this on behalf of a family member. They bought a property (£142.5k) using HTB (20%) 4 years ago. Their current mortgage fixed rate ends 31/10/25. At 31/10/25 they will owe approximately £93.5k and already have product transfer options available within current lender (Barclays) i.e. 5 year fix at 4%.…
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best equity release with intrest paid montly
hi iam looking for the best company for equity release paying back the monthly interest i have £20,000 intrest only mortgage to pay off next year my house is worth around the £470,000 mark i only want £45,000 outto pay off existing mortgage and the rest for new kitchen bathroom etc . but i would like to pay off the…
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HSBC Tracker, currently 4.24, presume 3.99 end of year, fixes are currently 3.95
At what point would you move to a long term fix, I am trying to ride out the BOE rate reductions but anticipate there is a point where I need to realise the fix is the lowest it will be. The problem is I cannot fix and keep changing the product/date which is annoying when on a HSBC tracker and rate switching...
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Finding a mortgage broker
My mid twenties son is looking to buy near to where his company is based on the south coast but he currently lives/works from our home 150 miles away. Where should he look for brokers, local to where he buys, or nationally, or does it depend on his financial circumstances? Are brokers paid by the purchaser and if so, is it…
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Abbey National Mortgage Charge Removal
I'm having an absolute nightmare trying to have an old Abbey National mortgage charge removed from land registry. Proposed completion dates on my parents house sale have come and gone. The call centres can't/won't help and I'm not able to speak to the admin department in charge directly. We're now numerous calls and 3…