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Mortgages & Endowments sticky
Please be aware of the MSE Forum rules when posting on this board, notably: * If using the Forum as a professional, please note that posting on behalf of your business is only permitted if you are an MSE verified user. * Advertising and spam are not permitted. * Do not share any personal information, such as your own or…
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Extortionate Remortgage Product fees
I am considering dipping my toe into BTL as I have the option of purchasing a flat in my building for a good price and the current owner wishes to stay as a tenant for the time being. My current flat has recently been occupied by a friend who was house sitting and wishes to remain on an AST. I would need to remortgage my…
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Help To Buy Charge on Land Registry
Hi guys, We completed our Help To Buy Redemption last December however until now we haven’t received the confirmation that the HTB charge from the Lamd Registry has been removed. It’s been two months. We can’t proceed with remortgaging with HSBC until the charge is removed. How long does it usually take to remove it? Our…
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Overpayment to end mortgage - N'Wide
I have been overpaying my Nationwide Mortgage for some years and the end is now in sight. I am allowed to overpay 10% of the original loan. Once I get into my new overpayment year (from 1 Feb 2026), my overpayment allowance will be greater than the outstanding balance. Any Early Repayment Charge would be 4%. But the terms…
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Kensington query
Have had a DIP for a kensington product and submitted full application. They have come back asking for information on defaults, childcare, landlord reference, wages, source of deposit and a small amount of sick pay. Is there anything good or bad to read into this or is it just standard procedure for them? I have a concern…
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Mortgage interest error - Help Please!
Any mtg advisors around? 20 years ago, we had a further advance and converted (or so we thought) the previous Interest Only portion of the original mtg to Repayment. We subsequently realised that the BSoc hadn’t actually changed it all to Repayment, they still mentioned an IO portion. We made a complaint, which was upheld…
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Equity Release on rented out property?
Hi, advice/experiences needed… I'm looking to rent out my house so I can rent a smaller property a different area of the country, basically so I can 'test' the ground before ultimately selling up and moving, hopefully in a couple of years or so. I'm aware of all the costs/pitfalls involved in being a landlord etc. I am 61…
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Skipton Track Record decline
hi My husband and I asked our broker to try and get an agreement in principal for a Skipton Track Record mortgage. It was declined… with no specific reason. Some information about us: we live in Scotland We have an annual income of £70k Personal loan (taken for a car purchase) £212 monthly and £11k to pay Credit card debt…
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Separation/Divorce - Moving out, possible to obtain another mortgage.
Hi, Bit of a morbid post, but it is what it is. My wife and I have decided to split after 16 years in a relationship, the last few haven't been very enjoyable at all, now it's not fair on the kids (9 and 13). Not ending nastily, we both knew it was coming, but now what to do with money/house/mortgage. I'm - wanting to -…
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I have a cifas on the official website
I have about 3/4 all saying I falsified bank statements and they referred it to Dfc and inspection. I need a mortgage but it seems like they are all on cifas to check. I was wondering why I kept getting declined and they wouldn't say just 'speak to your broker'. I kept going around in circles as it doesn't show on check my…
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Ftb advice needed
Been given a Aip by nationwide currently on track to have a 5% deposit by April due to Lisa bonus and saving. If we look at houses now and find one we like can we make an offer or do we need to wait until we have the full deposit?? Because obviously that won't be until just into April. And we are very keen to get the ball…
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Profit from First Mortgage to Second Mortgage
I've been in a mortgage for nearly nine years now, and I feel like - after all that time and building up all that equity - it won't even make a difference in the end. Maybe I'm being naive, but surely if the value of homes have rised alongside the value of mine, it'll all be relative when I do eventually move. And that's…
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Buying new home before selling current one
I am currently living in a mortgaged house with about £100k outstanding. The fixed period come to an end in July where it then will move to the SVR of 7% vs. 1.8% that it's currently on. We've put in an offer on a place that we intent to buy outright. We did this to secure the property and avoid being in chain. The…
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Aviva Lifetime Mortgage - repayment deadline
Hi - has anyone had any experience with an Aviva Lifetime Mortgage? I have recently found out that my parents took one out and Aviva are saying that as they have moved into a care home I now have six months to pay this back. Everywhere I read says twelve months…..I have asked for a copy of the original agreement they…
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Cheapest mortgage fixes drop to 3.5% – brokers answer if you should you lock in now or wait?
Major lenders including HSBC, Nationwide and Halifax have kicked off the new year by reducing rates on their fixed mortgage deals to as low as 3.5%. It's good news for the 1.8 million people with existing fixes due to end in 2026. But where will rates go from here – and should you fix your mortgage now or wait? Read the…
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Barclays Mortgage Dilemma
Hello, I am looking for advice on my current mortgage. Preferably towards paying it off early. I have a fixed rate mortgage with Barclays that is due to expire in November this year. My current interest rate is 2.29% and it then changes to BEBR +3.49%. I owe 128,000 and have 9 years and 11 months left. My current payment…
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mortgage - IVA and DRO
Hi I have a IVA and a DRO on my credit file, my IVA completed two months after it was set up on18th of August 2023 and completion date: 30/10/2023. DRO was set up on the 24/04/2024 - 18/10/2024 but my DRO was revoked that's what it says on my file. Would I be able to get a mortgage next year with having these on my credit…
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Santander Mortgage Offer Extension - confused
Evening all, On Tuesday, our broker requested an extension to our mortgage offer with Santander as our new build will not be ready in time (shocker!) On Wednesday, the app said that it was with the Underwriters dated 28th January. We’ve just had a notification that Underwriting is completed but the date of completion has…
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Nationwide mortgage
Hi I have seen recently on a number of posts that Nationwide haven't asked for supporting documents with applications. Does anyone know the reason for this and is there criteria for this? Preparing for reapplication due to current offer expiring and wondering if need to prepare supporting evidence such as payslips, bank…
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Declined by nationwide?
My partner and I have used a mortgage broker to apply for a mortgage, we had a decision in principle given to us by nationwide which covered the value of the property. We are first time buyers and have made an offer of 343,500 on a house with a 95% LTV ratio which means we are giving a £17,175 deposit. Our Experian credit…
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Mortgage Special Rates
Hi all, Just had my mortgage statement through and to be honest, im frustrated! I had a fixed deal term with Virgin thats coming to an end. Im paying around £900 a month but for the fixed period, the actual amount that is coming off my mortgage amount is only around £400, that means that £500 is going to interest costs??…
