-
Mortgage brokers - accessibility-friendly?
Hi, I have had an offer accepted for a lovely property, and am navigating my way through the estate agent and solicitors very well. However, I am having an absolute nightmare with L and C due to their broken user journeys. I am hearing impaired and unable to take or make telephone calls. I have clearly mentioned this in my…
-
Mortgage porting, will we loose the intrest we have recently paid
We are porting our current mortgage to a new property. Our broker submitted an application to port an amount of 198k (what we had left on our mortgage in January when we applied) and then we are getting a top up mortgage at a different rate. We are still waiting to move and as such we have made multiple payments to the…
-
Moving home vs early retirement
I have savings and have been in a dilemma do I buy a bigger house and pay a few hundred more for extra so do I retire earlier than 65 in the future? I looked at a bigger house but felt it could compromise location. I feel frustrated with this house as some newer houses have newer windows or kitchens. I also realise moving…
-
Remortgage Issue - Help!!
Hi, I wanted some advice on my current situation on my remortgage. My current fixed rate deal is set to mature at the end of this month, which I have a pending offer but due to the Land Registry not being complete I cannot proceed further with the conveyancer to get the remortgage over the line. The Land Registry has not…
-
opinions on level of offer
House has been on the market for c2 years, was reduced to offers in excess of £299,900 about 18 months ago. Would you think £270,000 is a bit low - its over 90% of the asking price or should I go in a bit higher? £280,000 is as much as I'd like to spend, could push it to 285 if I had to. I'm in a good position, in rented,…
-
Mansfield application…. Good sign?
For anyone who remembers my previous thread about choosing between the 2 brokers etc. The DIP never came back from Bucks and I got my £250 back, I’m not sure it was ever even submitted since they never did a credit check but never mind. Anyhow full application submitted to Mansfield17th May, was told up to 7 days for…
-
TSB additional borrowing
Anyone any experience of timescales etc? Applied a week ago, told processing time is currently 2 days and usually get offer letter within a week. After 2 days, chased and they replied with a question on one of payslips. Said valuation was requested on day of application and they'd be in touch when it was booked. Surely it…
-
Buying a house in probate
Good afternoon! I’m currently in the process of purchasing a house that’s in probate. The seller of the house is an only child so the house is only going to him. We have had our mortgage accepted on the house and now going through the solicitor to finalise everything. The seller of the house said it should take 20 weeks…
-
BISF mortgage, halifax
We are hoping to buy a BISF property from our landlord using a concessionary purchase and after rejection from halifax due to house construction type our new broker said halifax is our best shot. Weve had an AIP and submitted full application. Valuation is wed. I cant seem to find any evidence of anyone mortgaging this…
-
Bluestone mortgages
Hi our application with bluestone went in last Thursday and our valuation is booked for the 14th - is getting to valuation stage a good thing? We are first time buyers never in a million years did we think we'd be able to even possibly buy a house I just don't want to get too excited 😅 so any info or time lines would be…
-
Remortgage but living abroad
Not sure what is likely to happen with this. Moved over to Australia but have kept our house in the UK. Have family living in it on the basis that they send me the mortgage payment each month. It means they have somewhere to live cheaper than what is available locally and my mortgage gets paid, so felt like a win win. When…
-
Friends Provident International surrender and tax implications
Hi all, We have a Friends Provident International Pemier savings account that we were sold 20+ years ago when we were expats, it really does nothing for us and we are looking at surrender. Its a jungle out there with info so my question is what are the likable tax implications closing this account down, moving the money on…
-
Transferring Mortgage to a Different Property – Advice Needed
I’m based in the East of England (London commuter belt). My family owns two properties. One belongs to me and has a mortgage of approximately £220,000. The other, owned by my relatives, is more expensive and mortgage-free. I want to transfer the mortgage to the more expensive property, making my property mortgage-free so I…
-
Halifax - mortgage holiday impacts on credit?
Hi all, Will try calling Halifax tomorrow to get some info, but hoping people can give me an insight on what to expect. Our mortgage fixed term deal ended last month and our payments have gone from £752 to c.£1500. Our broker couldn't get us switched in time due to a range of factors, such as being in the process to get…
-
Bank changing mortgage payments while fixed?
Just got a letter from Halifax saying they will be 'doing an extra check on your mortgage each year to make sure your monthly payment is on track. We'll do this even if you have a fixed interest rate. Please check your next annual statement to see if your payments will change' One of the reasons they give in the letter is…
-
Life Insurance through Mortgage broker - Is it a rip off?
Hey.everyone. I've a feeling something isn't quite right with my life insurance. It was set up through my mortgage broker (which felt like a positive experience to be honest in regards to buying the house but I'm just uncertain about life insurance through them(). The mortgage has 24 years remaining and £67k left. The life…
-
Shared ownership and EWS certificate
Is it allowed to buy additional shares in a flat if your block does not have an EWS certificate? Thinking of increasing my share by 10%. Currently remedial works are being done to meet EWS regulations. They are likely to take 12 months and sign off won't be a while. Also, does not having the certificate affect how the flat…
-
Secured loan on title deeds from 1991
Hi , I hoping for some advice. We are trying to sell our late parents house and it has came to light that there were 2 secured loans still on title deeds. One from Bank of Scotland for their mortgage (paid off in 2004) and one from Avco trust (paid off in 1994). The BOS has now been removed but Avco trust ceased trading in…
-
3.89% five year fix
Hi everyone My Santander deal ends on 3rd September and I’ve bagged a 3.89% five year fix as part of their product switch service. I will have £690k outstanding on a £1m property. I’m aware this is very competitive at the moment - certainly can’t be bettered by other lenders. However I’m nervous that rates will start to…
-
joint buyer single proprietor mortgage in scotland
I want to help my son onto the property ladder. if I go down this route and enter into a guarantor type mortgage arrangement, will he still be considered a first time buyer? asking as it will make a huge difference to the lbtt costs (stamp duty). eg purchase price of £175000 = £0 for ftb or £11100 as an “additional…
