Mortgage broker - ask me anything

Cariad71

Hello- Is it possible to get a mortgage on a property with EPC F?

K_S

Cariad71 said:

Hello- Is it possible to get a mortgage on a property with EPC F?

@cariad71 Generally speaking (there will always be exceptions/nuances depending on the specifics):

Yes for residential mortgages
No for BTL mortgages

Cariad71

Thank you so much 😊 

homefromhome69

Hello 
via a broker I got a DIP - I wanted to be sure I was able to borrow enough to buy the sort of home in the sort of area I wanted, but it will likely expire before I'm ready to buy. Do I just re enter my details and get another DIP?
Thanks

Cariad71

Hello- what rate should first time buyers expect (90% LTV)? Preferably tracker thanks

K_S

Cariad71 said:

Hello- what rate should first time buyers expect (90% LTV)? Preferably tracker thanks

@cariad71 You can see all the 90% LTV FTB rates available in the market on the MSE tool here
https://www.moneysavingexpert.com/mortgages/best-buys

Just plug in your numbers, use the filters you want (eg: tracker) and you can see what's available.

Disneyfan123

Hi, i am wondering if you can give me some advice please? We are looking to move house after aug ‘25. We wouod be looking to buy a house around £310,000 with a deposit of £155,000. My husband has a perfect credit history but i have the following late payments on capital one and paypal. 10 late payments in 2023, 3 in 2022, 0 in 2021, 6 in 2020 & 0 in 2019. Should i be able to use a high street lender? The only outstanding debt we will have is a personal loan with a balance of £7500 and capital one cc with a balance of £1200. Thanks

K_S

Disneyfan123 said:

Hi, i am wondering if you can give me some advice please? We are looking to move house after aug ‘25. We wouod be looking to buy a house around £310,000 with a deposit of £155,000. My husband has a perfect credit history but i have the following late payments on capital one and paypal. 10 late payments in 2023, 3 in 2022, 0 in 2021, 6 in 2020 & 0 in 2019. Should i be able to use a high street lender? The only outstanding debt we will have is a personal loan with a balance of £7500 and capital one cc with a balance of £1200. Thanks

@disneyfan123 Assuming the following
- you have no defaults, no CCJs
- the payment markers on your Experian/Equifax credit reports are all '1's with perhaps a couple of '2's
- your credit history is squeaky clean from Jan2024 to Aug2025

Depending on what exactly your report looks like, you might not pass a DIP for every mainstream lender but at <60% LTV you should be able to access mainstream rates.

Disneyfan123

K_S said:

Disneyfan123 said:

Hi, i am wondering if you can give me some advice please? We are looking to move house after aug ‘25. We wouod be looking to buy a house around £310,000 with a deposit of £155,000. My husband has a perfect credit history but i have the following late payments on capital one and paypal. 10 late payments in 2023, 3 in 2022, 0 in 2021, 6 in 2020 & 0 in 2019. Should i be able to use a high street lender? The only outstanding debt we will have is a personal loan with a balance of £7500 and capital one cc with a balance of £1200. Thanks

@disneyfan123 Assuming the following
- you have no defaults, no CCJs
- the payment markers on your Experian/Equifax credit reports are all '1's with perhaps a couple of '2's
- your credit history is squeaky clean from Jan2024 to Aug2025

Depending on what exactly your report looks like, you might not pass a DIP for every mainstream lender but at <60% LTV you should be able to access mainstream rates.

Hi, there are no defaults or ccjs. Equifax says it’s all 1’s. 

Jjmbrown1

Hi, do you know of any lenders that will do a remortgage on a property that is up for sale? My house is currently up for sale and I am really quite reluctant to take it off the market for a number of weeks (in fear of losing a potential buyer when I am desperate to move). However equally I am now 2 weeks away from moving on to SVR and my mortgage doubling, a nightmare position! In an ideal world I would agree a sale on the house and I will deal with SVR for a couple months but no offer in sight yet. A product transfer through my existing lender (BOI) isn't really worth doing as the ERC is so high, 3% repayment which knocks £6k off my sale. I'm also looking for a tracker, which BOI don't offer. be downsizing significantly in value so porting isn't really an option. 

I am getting very mixed free back from a number of mortgage advisors saying the banks simply will not lend on a property that is for sale (considered short term lending) but hearing very conflicting stories! I would consider any lender.