Mortgages & endowments

Hi, As my first ever mortgage renewal is coming up on the 1st June 2025 I thought I'd start thinking about what to do. I've had a nice low £360 a month mortgage payment for the past 4.5 years with my bank, Santander. I have made a decent amount of overpayments. Based on Santander's 'Compare Our Mortgage Rates' online tool,…

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…

Hello, We are looking to pay off a significant chunk of our mortgage 200k of a 260k mortgage. Unfortunately we are only 6 months into our current deal and it only allows a 10% overpayment a year. Obviously we want to minimise the 5k early repayment but aware we are paying 1k a month in interest. Does anyone have any ideas…

Good morning. Our mortgage deal ends 28th Feb 25 and we currently owe 137,761 at a rate of 1.9%. Our ported mortgage also ends 31st May 25 and interest currently stands at 2.74% with 68,120 owed. All along we had planned to bring the two in line, so they are due to renew at the same time. However, I am conscious that rates…

Hello all, I am a first time buyer so very new to all of this. The mortgage broker seems to be fair. His rates are £490 however he is then claiming commission of £750 on the mortgage. Does this seem correct. 

Evening all, sorry if this question has been asked many times before but just asking for some thoughts. FTB new build and due to be given notice on Tuesday this coming week, which means I will complete 2 weeks later (17th December). I've asked my mortgage broker, but still non-clearer but wanted to check my if very vague…

I am starting the process of finding a regulated mortgage in order to buy a house to rent out to a family member. I thought a simple Google search would at least reveal all who provided such a mortgage. But no. I do intend to use a mortgage broker but wanted to be well informed 1st. Anyone know a short cut?

Hello, my partner and I put down an offer on a house as a first buyer and got accepted for it a week or so ago. My partner is born and bred British, I am a foreigner on Indefinite leave to remain, which is a permanent settled status. The mortgage adviser we are talking to is unsure if it will be accepted by the lenders, as…

So we put in for the right to buy our council property at the beginning of November after hearing they were stopping the discount on 21st Nov. Not heard anything since so sent an email in to say they've received application but need a mortgage in principle. Here's where I'm stuck. How do we know how much mortgage we'd need…

Hello! Looking for some advice really.For context, my other half (not married) has applied for a shared ownership property in his own name. Everything was going great & mortgage approved in principle as a sole applicant - informed the mortgage broker and the development owners it was 2 tenants under a sole mortgage and…

Hi There, Apologies for the strange title - new to this so I'm not sure what the correct terms are. My situation in brief:* We plan to buy a house and have an accepted offer on it for 575k * The new house requires full refurbishement. We estimate 80-100k * Refurbishment time will be 3-5 months * We have an existing flat…

Can anyone advise on this? We have a mortgage renewal product due to start in January that we have signed (3.99% so not too bad at the moment) - but we know that we can change our mind before it kicks in. We were not able to secure additional borrowing which we wanted to be able to clear our credit cards with (not that we…

My partner has been turned down by Nationwide when she tried to remortgage to get some money for home improvements. They said it was because I had a dro 3 years ago. We do not live together and have absolutely no financial links. There's no financial link on either of our credit reports. She has almost 250k equity in the…

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…

Hi I have recently paid off my mortgage by making a number of large and small overpayments. I asked for a breakdown of the mortgage overpayments, and noticed that a portion of every overpayment was paid to interest and not to principal. Before making any overpayments I asked Nationwide how the overpayments would be applied…

Hi. I have my mortgage appointment this weekend with NatWest and looking to get more information on what exactly will happen and what questions will be asked. I had a credit card debt which I paid more than the minimum on each month and eventually paid off in full in March this year - will they question this at all and…

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…

Hia, I fell foul on my last Mortgage Renewal because I stupidly didn't choose a 5 yr fixed plan when the mortgage rates were seriously low a couple of years ago (I didn't even realise they were low), so I'm now super alert to watch interest rates and inflation a little more carefully moving forward. So my question is: My…

Hi, I am looking to get a mortgage with my husband and we are looking at improving our credit file. In 2018 my husband's employer started making significant unlawful deductions from his wages. This became a regular occurrence. This led to the onset of my husband's mental disabilities (as defined under the Equality Act…

Hi. I have a house i rent out, i would like to remortgage on a BTL mortgage. I earn £7800 per year from the rent and a similar amount from other self employed income. I just wondered do you think I would be able to qualify for a BTL mortgage with this income level? i have read about no income BTL mortgages although i do…