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Fixed term of mortgage ending 31st March + help to buy equity loan to repay and wanting to move
Hi, I am coming to the end of my 5 year fixed term mortgage at 1.76% on 31/03/25. I bought my house with a £95k help to buy equity loan, and house price will have gone up by around 10% so will have around £104k to repay on the equity loan. We want to move later this year so I am evaluating my options on the remortgage…
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Will getting a buy-to-let mortgage impact ability to get a residential mortgage later on?
Hi, I’m looking at buy-to-let mortgages for a property I already own 50% of (unencumbered), in order to buy the other 50%. I just wanted to check if getting a buy-to-let mortgage on this property will negatively impact my ability to get a residential mortgage in the future? Will it be factored in by lenders? Also - will it…
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Mortgage application after fraud
Last year I discovered a fraudulent account on my credit report that went into default. It took a while but this has recently been removed. My credit score through Experian has restored, but through TransUnion is a bit lower than it was. I now have a Cifas victim of impersonation flag on my report. Other than this, the…
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Extending mortgage term but house is on the market
Hi, my house is for sale as part of a divorce settlement. My ex and my joint fixed rate mortgage came to an end just as we were putting the house on the market. We contact our lender (HSBC) who allowed us to move to 6 months interest only. That is due to end this month and the house is still not sold. I contacted HSBC to…
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Moving to fortnightly mortgage payments - does it reduce interest and term length??
Has anyone change their monthly direct debit mortgage payment to fortnightly in an attempt to reduce interest paid and thus pay mortgage off quicker? I can see the theory on how this would work, and have the information I need to do this, but I'm was just wondering if anyone had done this and seen a reduction in their…
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CIFAS MARKER
Hi everyone so recently discovered I have a ‘false identity’ marker on my cifas file. Initially I thought it was only the ‘victim of impersonation’ marker but after I done a DSAR, the victim of impersonation marker has gone but the false identity marker still shows. Has anybody else got this marker and does it stop you…
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Mortgage after Debt
Hello I'm hoping someone who has been in a similar position can offer some general advice. i currently have a DMP with Stepchange, due to end in June 2026 altho I have been able to overpay on some of the debts so hoping this date will pull forward a couple of months. My current balance is around £8k. Two (or maybe 3) of…
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CIFAS Marker - Victim of Impersonation
Hi, Looking for some advice. I have always had a good credit score and monitor it very closely. Last month I noticed my score had dropped significantly as a new hard search was added by the Halifax. Note I have never banked with the Halifax so was surprised to see this on my file. I disputed this with Equifax and also…
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DMP & Mortgage renewal
Hi all, Myself and my partner are due to renew our mortgage, so firstly are there any tips or tricks that would come in handy? Our current interest rate is 2.55% current outstanding is £131,000 and we pay £550 at the minute so really hoping it doesn't go over £700/£750 as we will really struggle. I've recently set up a DMP…
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Mortgage Help/Advice
Hi, Hoping for some advice. Current Situation: My partner has cash savings ready for when we purchase a new house but he isn't on the deeds currently for the house. I am coming to the end of my mortgage (end of this month). I still have a mortgage of £173,000 (26 years left) the value of the house is £675000 and my partner…
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Fixed Rate ending - how long can I leave it to remortgage, without moving to SVR
Hello, forgive me, I have searched, but to no avail. Although I am sure somebody will have asked! My cushty 1.93% interest fix ends on 31st January, which is also my payment date. I can remortgage with same company (RBS) for a competitive rate, looking to do so for five years. Assuming my payment stays the same for 31st…
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Mortgage: Tracker vs Fixed Rate Predictions
Hello, I currently have a tracker mortgage with HSBC at 5.04%, which ends in February. I'm considering my options and wondering about interest rate predictions for the next 2 years. Will rates continue to decrease? Should I stay on a tracker or switch to a fixed rate? My options are: Tracker: 4.89% for 2 years (£999…
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First time buyer - mortgage advice needed for buying a family members house with a partner please
Hi All Any mortgage advice would be greatly appreciated please as we are first time buyers!! I’m looking at buying a first property with my partner. We will be buying my Dads house that we currently live in. It’s worth approximately £430k and I will be gifted £200k off the property. Any advice appreciated.
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Mortgage Charter - Interest Only - does mortgage balance increase after 6 months
I have had a reduction in earnings, which I hope is temporary and I have spoken with my lender today who is signed up to the Mortgage Charter. The 6 month interest only option would give me some breathing space to get my finances in order and get them back to previous levels. When explaining this option, the advisor…
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Bank statements for mortgage application
Hi all, I’ve seen the above which statements that Halifax no longer need bank statements for mortgage applications, but this is contrary to what their website says, can anyone confirm or debunk? Thank you!
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Which Lenders Remortgage Help to Buy: Equity Loan in 2025?
Hi everyone, I’m looking for advice on remortgaging a flat bought with the Help to Buy: Equity Loan scheme. I was told that most lenders don’t allow remortgaging if the equity loan is still in place. Does anyone know which lenders do offer remortgages for Help to Buy properties without having to repay the equity loan…
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Mortgage Without inlaws but living in property
I thought this would be straight forward but like life nothing ever is. I am seeking mortgage advice on this matter but keen to get some feedback on here aswell. Basically, my in laws have moved back to the UK to be with daughter and grand daughter, We have found a property for us all to live in, it is quite a large sum…
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Mortgage fix for 2, 3 or 5yrs - please help!
Hi forum, My mortgage deal (currently 1.4%!) ends at the end of this month and I've been agonising over whether to fix for a 2, 3 or 5yr deal. The 2 year deal would see an increase in monthly payments of £279 on top of what I pay currently, the 3yr would be £253 more and the 5yr would be £242 more. I know no-one can…
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Will I be paying more interest?
Hi folks. Our mortgage is renewing- 28th Feb and 31st May. The 31st May is extra borrowing we took out 2.5yr ago to buy pur current house. I was hoping to bring them both in line, but as yet we can't renew the second mortgage as it is not within 4 months of expiry and I'm worried it will be too late to renew with…
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Prudential Lifetime Mortgages - help/info required about this please!
Hi! Following the sudden death of my mother in March 23 we discovered she and my father had taken out one of the above to raise some cash. My father was confident that all was in order and that there was still more than enough value in the house to cover everything. Unfortunately we soon discovered this was not the case -…
