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one business two postcodes
we have two premises next door to each other with the same postcode. We are now taking over a third property which is next door again. The third property, although next door has another postcode. Is there any way we can change our address from 37-39 to 37-41 and keep a single postcode? We want to do this for continuity as…
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Unemployed with owned rental property
Hi, looking for options here. I am currently unemployed but actively looking for employment, it is taking some time to find work. I have limited savings but worried they will not last. I live in a mortgaged property but also own outright a rental property. I am wondering what options I may have to release some funds from…
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Barclays min loan size and SVR
We have two mortgages with Barclays, one of which is a Lifetime Tracker +0.19% and the other is usually a more expensive tracker for 2 years at a time. Am I right in thinking that if you're within the minimum period of a remortgage product, e.g. 2 years, and/or have less than £5,000 left on your mortgage, you would have to…
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Shared ownership (or other options) if I can't afford the mortgage ...
Essentially in 3 months time my landlord is selling the home I've been living in for 10 years - but giving me the option to buy it. I doubt I will be lent 100% of the mortgage required, but have been looking at shared ownership options. However usually these arrangements are for properties that housing associations already…
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Small mortgage when unable to work
I've seen some very knowledgeable folk answer on here and so thought I'd ask for advice to optimise my chances. In a nutshell come January I'll have: Savings £5000 Debt £1100 at 0%, and ~£15K student loan that will never be in payment as not earning Income none earned, 1600 benefits No guarantor I'm not a first time buyer,…
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Mortgage & gambling
Just need some advice re getting a mortgage and some gambling transactions through a competition website. My husband and I are porting over our existing mortgage with Natwest and applying for a new mortgage on top of this as we are moving. Our mortgage lender has asked for 3 months bank statements however the past month or…
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Buying my council home
So I'm trying to buy my council home. With my discount applied I need a 71k mortgage I'm buying it alone.my mortgage advisor just applied for a mortgage with nation wide last night for me. All they asked for was two months payslips two bank statements and proof I get pip.i keep an eye on my credit report and there's no…
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Purchase of property
Hello all. Please bear with me as It's quite over whelming at the mo. We sold our property. We have put an offer in for the place we would like to purchase. All was accepted. We have had a survey done. The surveyor has pulled a few big things. It's been 8 weeks or so for the seller to provide any paper work, certificates…
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equity release effecting share in house
Looking for some advice My father owned half his house 50/50 with his partner. My father recently passed away and i have inherited half the house. In his will it states that the occupant (his partner) can remain in the property until she passes away or decides to sell, at which point i will inherit half the property value.…
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Can I get a mortgage while on a DAS?
I’m currently 1 year Into a 4 year DAS. i know getting a mortgage will be slim to none but my long term partner and I are looking into it. i have a lot of disposable income now and my partner and I have around £30k for a deposit. can we get a mortgage using my income aswell as hers but not be on the actual mortgage? any…
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Equity Release In part owned property
My sister and myself own a property, all paid for - we are both in our late 50s. I want to sell, my sister want to remain in the property. Due to an illness, she is on universal credit and has no employment or savings, so remortgaging or buying me out isnt possible. To save the upheaval of selling, she has suggested she…
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Endowment Advice
I took out an endowment investment many years ago to use to repay my mortgage, long before the whole controversy over endowments. For most years the insurance company gave me a red signal that my investment payout would be on the low side. It paid out a year ago and it was on the low side but better than I thought. Today I…
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2, 3, or 5 year fixed rate?
Hi, I'm re-mortgaging soon, wondering what your thoughts are on which duration to go for, 2, 3 or 5 years? The rates get cheaper the longer you fix for, but this suggests rates will fall during that time. Do I pay the premium now for a shorter term and hope rates do fall, or take the "secure" route with 5 years? Wondering…
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Nationwide… Journey
Hi we found our perfect home and had an offer accepted. Our broker submitted our mortgage application to Nationwide after doing lots of affordability checks on 25/11 - we got a confirmation text at 6pm that night and noticed that hard searches had taken place. We got a text yesterday morning about a valuation being booked…
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Unregulated pre 2004 current mortgage
We currently have a mortgage taken out in March 2004. Recently we tried to go to the financial services compensation scheme about it being miss sold by the broker. They could not help us as the mortgage was pre regulation. We complained to the Financial Ombudsman and it is outside of their jurisdiction they cannot help.…
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Mortgage Insurance and overpaying
Hi, At the minute I don't have mortgage insurance but thinking of getting it. We overpay our mortgage and hope to have it paid off within 10-15 years, is it still worthwhile having mortgage insurance? Thanks
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Fix at 3.79%?
Standard and annoying what would you do/predict the future question I know... BUT... Good idea to fix for 5 years at 3.79%? My current rate is 1.79% I know at the moment 3.79 is a good rate, and anything could happen in the future. But my outstanding balance is high at £410k so fixing at the wrong time for too long could…
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Clearing mortgage - The process
Good afternoon all, I’ve searched the forum and found some useful bits so thank you but one bit I am confused about with regards to clearing my mortgage. my current mortgage deal ends 1/1/25 and I am intending to clear the balance and pay it off in full. I spoke to my lender, Halifax and they told me that I can cancel my…
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Do 5% deposit mortgages really exist ?
After a little inquiring it appears that lenders expect a family member to deposit 10% into a savings account to be held for a few years when only a 5% deposit is available. If i keep searching will i actually find a lender that will be satisfied with just a 5% deposit and not requiring family help?
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Property Ownership
I shared a property with my ex-partner (who has recently passed away). When we split I moved out of the property but continued paying the mortgage. After I stopped paying the mortgage (as I could not afford to pay rent and the mortgage) it was agreed through a separation agreement with solicitors that I would transfer my…
