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Mortgage renewal
Hi our mortgage with Nationwide is due to run out at the end of Aug. Due to the interest rate cuts have they already been factured in? Or is it worth waiting another week or so? Also we've renewed twice now each time taking a 5 year fixed, would it be worth it doing the same again 4.04%.
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Mortgage advice needed please 🙂
Good morning, I have a fairly good credit score as I'm 39+2 and since may 2023 I changed career and became a car transporter driver currently before tax I'm on around £48k a year. I live with my fiancée and two children she earns £14k working school hours as a cook. And not sure if we just scrape it or what but sometimes…
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Red flag? Mortgage broker trying to rush us into committing before potential BoE interest rate cut
My husband and I are currently arranging tracker mortgages to fill a short term cash flow issue due to money currently being locked away in bonds until the next financial year. Long story short, we need to buy our new home before we sell our existing, which we own outright. Our house is likely to realise a like for like…
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Equitable Charge
I'm hoping someone can help point me in the right direction. I've been coming to a dead end with every attempt for 5 years.When my now ex wife and I separated 5 years ago we applied to remortgage to pay some equity and have her name removed from the mortgage (at considerable cost for solicitors). We received notification…
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Bluestone Mortgages
Hi All, We've recently received a DIP with Bluestone, my credit file is in a terrible state and to be quite honest, I firmly believe our broker performed nothing short of a miracle to pull this off! (Lets just say- missed payments in January, payday loan 5 months ago, a DMP and 2 defaults 7 months ago... the list goes on…
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Mortgage Advice - Lump Sum
My mortgage is due to renew in a few months and looking for advice. We were on a low interest rate previously and 4 years ago took out a re-mortgage with £40k extra for renovation works to the property (wish now I’d never done that, mortgage broker suggested it to us), so that brought our outstanding balance / length of…
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Releasing cash/equity after house value increase
Hi all, Below is a hypothetical (but also realistic) situation: £320k house purchased £32k deposit + £288k mortgage (4.5% over 28 years =circa £1500/month) In 5 years, having overpaid on the mortgage by around £200-£250/month) and the value having increased by 20%… £384k estimated house value £141k estimated equity (£32k…
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REMOVED BY USER
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Looking for mortgage broker advice – Forces Help to Buy + past IVA (fully paid off)
Hi all, We’re looking for advice (and possibly broker recommendations) for a fairly niche mortgage situation. My partner had an IVA, which was fully paid off early, but it remains on their credit file until the full 6-year mark – which will be January 2026. We had originally planned to wait until after it disappears before…
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Equity Release?
I owe £60,000 on an interest-only mortgage that needs to be settled next year. My husband died three years ago & he couldn't get life insurance!Do I go for equity release or a repayment mortgage? I will be coming into a considerable inheritance & would pay anything loaned back straight away. I'm 63, work part-time & also…
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Land registry application by seller preventing remortgage even though I have title in my name!
So we all know that land registry is not having a great time. I bought my house in Dec 2024 and my mortgage fixed term ends at the end of Sept. I have everything in place for a new mortgage. My conveyancer for the remortgage alerted me to the LR not having updated the title, and so I called them, expedited the case, got an…
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Age going against me!
Got a problem! I'm 70, wife is 60, in four years time our IO mortgage of £150k is due. We want to move to a 15 year repayment mortgage but the only one we could find is the Leeds but they pulled out when it emerged that our postcode is in a flood risk area! Does anyone know of any other lenders who can step in?
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Mortgage Arrears
Please please can someone help me. My husband and I separated 8 years ago, we had a joint mortgage. He was arrested without charge for violence towards me when I had a 1 year old and was heavily pregnant. it took years to get a divorce because he wouldn’t engage and I didn’t know where he was. It cost me £12k in fees. I…
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Nationwide Mortgage
Hello we have just recently applied for mortgage with nationwide and i am keen to hear other people's experiences. we completed AIP and we then had to meet with one of their advisors. After this meeting with advisor we were told DIP application was a refer. the following day refer was accepted and hard search was complete.…
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Mortgage Application Help
Hi all Newbie here but really looking for some helpful advice… Will be applying for a joint mortgage within next 6 months (ideally High street lender) Joint income is 47k per year, looking at 175k house with a 30k deposit… Partner has perfect credit, no debts, has also got a mortgage (selling properly currently) My credit…
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Cashing in 25% of pension to discharge a mortgage
Hi, sense checking a situation here. We have a £271k interest only mortgage that we took out on our home to buy a rental property about 9 years ago. The rental property has no mortgage and it produces an annual income of c.£18k after all costs but before tax. Our mortgage was on a fixed rate of (1.34%) so our monthly…
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Age/length of mortgage
I'll hopefully be going for a self employed mortgage in a few years when I'll be 55. I'm a bit confused as to how my age could affect things. I always thought I would only be able to get a mortgage up to the retirement age (67, 2039), but then I read it's possible to go beyond. I don't/won't have a pension but my book…
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Declaring Bankruptcy after 6 years?
Hi all, hoping for some advice. My bankruptcy was removed from my credit file last month and I’m not applying for a mortgage, or my broker is sorting it. However it’s been 6 years and 1 month since the bankruptcy, he is saying he has to declare it? Even the question is “have you ever been declared bankrupt in the last 6…
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Can anyone recommend a solicitor who can help with an interim charge order please?
Someone who knows about Form K Restrictions. Thank you in advance!
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Discharge standard security Scotland
So I've paid off my mortgage. Confetti rains down ! The problem I've got now is to create an application to discharge the standard security from the lender with Registers of Scotland. I've asked the lender to send a letter of discharge saying we've paid off the mortgage but they have said no. I don't want to waste money on…
