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End of Fix versus end of actual mortgage
Our current mortgage fix ends in about 6 months time, by which time we will only have about another 9 months to pay on our mortgage as a whole. I had naively assumed that we would be able to get some sort of bespoke length fix for this kind of interim period, but apparently not. With the relatively recent interest rate…
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Certificate of compliance
I purchased a house in 2022. It was built in 2018 and I’m the second owner. As it’s a new build there are estate charges of around £300 year. The house is freehold and I own all of it (with a mortgage). Im coming up to remortgage and speaking to mortgage broker who has advised me there is a covenant on the deeds which…
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Should we pay off our Help to Buy (H2B) Loan as soon as we can?
We were off the property ladder for a while, but about 18 months ago, in our 50s purchased a new build with a 5% deposit and using Help to Buy . We took a 5-year fix with Nationwide 1.85% and took the maximum H2B amount of £65,000. I estimate that we now have at least 15% equity - and it looks like Nationwide will lend up…
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Has anyone recently applied for a mortgage with Aldamore?
Just wondering if anyone has recently applied for a mortgage with Aldamore and how long it took to receive your offer? We applied with with our broker on 17th September after being turned down by another lender. The wait is simply excruciating! Although things have moved fairly quickly. Process time frame so far: 17th -…
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Mortgage Repossession on an Inflated Debt Caused by Bank Errors
where to start! My mortgage matured in 2024-I believe the balance is inflated, none of the figures match up, credits into the account are ledgered but not deducted from the balances, fees were capitalised unjustly, and overpayments were not applied to the capital when the endowment crashed - though it is written in the…
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Help To Buy - Remortgage to pay loan
Hi, We're looking at remortgaging and paying off the full H2B loan. Does anyone know the process for this? It's probably just me but the Gov. site is confusing and contradicts itself. The "Request to remortgage and borrow more money form" doesn't allow you to provide any information to confirm how much you pay off. Any…
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Question about application and CC debt
Hello, I have a question regarding getting my finances ready for a potential mortgage application in the near future, 6-12 months from now. I’ve also posted This in the CC forum I am in full-time employment and over the last few years have also operated a small weekend business online as a sole trader. Over those years I…
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How to prepare for mortgage application?
Morning all So we want to put our one bed flat on the market early next year and port the remainder of the mortgage across to a new property. We will be needing all funds we can scrape together for this move (I am allowing enough for stamp duty, EA fees, Solicitors ect) I have two questions Is the fact we have never missed…
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Do you think we could get a mortgage...?
Current situation is that I live in a mortgaged property that I own with my ex partner, whos now moved out. He is asking me to sell the property or buy him out, but on my own, i wont get the mortgage, therefore I am looking at the possibility of getting a mortgage with my Dad, for him to move in and to enable me to buy my…
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Are we expecting the BOE Base Rate to drop to 3.75% on the 6th November 2025?
Potential for 3.5% by year end?
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Overpaying two-part mortgage
I'm seeking some thoughts on overpaying mortgages. I've looked at other threads but our circumstances are slightly different to scenarios in those hence this post. We have a two-part mortgage having ported previous mortgage and taken on extra borrowing for a house purchase 5 years ago. Now one part has reached the end of…
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Lloyds bank product transfer mortgage rates
I've been on the variable rate for ages for various reasons, on an interest only mortgage (bad financial decision). I'm not able to remortgage due to income (even though I always make my payments and overpay! I've seen a broker), so I am speaking with Lloyds about a product transfer. In the initial conversation which…
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Recommend a good conveyancer
I have made an offer on a house which has been accepted. I need a good conveyancer as don't believe some of the reviews online. Please recommend based on your experience of their service.
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Would you pay mortgage off
Currently have a mortgage for £46500 at 5.2% roughly £200 pound interest per month. I have max holdings on premium bonds and won average of £150 per month so far this year. The early repayment is 1% so about £465 it drops to zero in May 2026 should i cash premium bonds in and settle my mortgage been thinking about it a…
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My buyer's mortgage blocked by drain issues
My buyer's bank was blocked getting his mortgage, as their homebuyers 2 survey ideitified supposed drain issues due to a collapsed pipe. I got the water board company (Severn Trent) to perform a full CCTV inspection and there was no collapsed pipe and water was free flowing. They generated a report via email. Will this…
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Second mortgage?
I currently own a property it’s worth £225k I owe £115k on it with virgin bank. My mum lives in this property & I rent an apartment £600 per month. I’m self employed and am just doing my first tax return I earn £35k. I want to get a mortgage for myself. Is this likely to be able to be done and what type of deposit would I…
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Special Guardianship Order & a gifted deposit
Hi all, My partner and I are looking to buy our first house in Wiltshire. To help us, my partner’s parents would like to gift us £10,000 towards the deposit. They aren’t her biological or adoptive parents. She was placed with them under a Special Guardianship Order when she was a child and lived with them until she moved…
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Should we max ourselves out on our mortgage?
Husband and I (32M and 29F) are looking to buy our forever home but not sure if we would be stretching ourselves too thin. We have considerable equity in our current home due to my parents helping us get on the property ladder 6 years ago. Figures House price: £700k listing price Deposit: £250k Mortgage: £450k @ ~3.9%…
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Mortgage final checks
Due to complete in a couple weeks mortgage with skipton what are the final checks likely to be just a final credit check or bank statements and payslips want to have everything ready for completion
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Second Home as shared Ownership
Me and my partner recently purchased by first home as a first-time buyer 4 months back. Both of us are working in same company which is now planning to close it's facility and making us terminate from position. My partner found job in oxford and we want to move there. While looking for renting options, even single bedroom…
