-
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…
-
Has anyone ever stuck with a lifetime tracker?
Didn't really get much advice last time but I am close to accepting and drawing down on… 186k at 4.24%, 0.49% above base rate, 25 years, £490 fee. If rates go down, 3.99% is better than most major fixes at the moment, if it goes up, I will weather until I fix long term again on a rate switch.
-
Personal guarantor for business car lease, will it affect mortgage borrowing?
I'm a partner of an LLP and looking to lease a car through the business. The leasing company just told me that I have to agree to be a personal guarantor for the lease but I'm concerned that this would show on a remortgage application as monthly expenditure and significantly affect the amount I can borrow. I can't find…
-
Mortgage broker messed up
We arranged for our mortgage to switch to a new product (with the same lender) on 1 April through a large, well‑known broker. Everything was completed in February, and we were told the new rate would automatically take effect on 1 April with nothing further required from us. For context, I hadn’t realised we would be…
-
Advice please
Evening all, In July 2026 our 7 year fixed rate mortgage finishes (Interest rate 2.43%!), that leaves us with 2 years left of our 25 year mortgage and a balance of around £15,000. So my question is: do we take out a 2 year mortgage to finish (probably not) OR pay it off with a stocks and shares ISA - we have 2 around…
-
Remortgage
My current fixed mortgage rate deal ended March 31st - I instructed a new lender on March 9th, but this has not been completed in time and today my mortgage payment came out and I'm now on the variable rate - approx £100 more than I usually pay. Did I not give myself enough time for the deal to complete? If I didnt' then…
-
Offset mortgage, variable rate, no fee. Is there one?
Morning all. We’re looking to add a small amount to the mortgage, which is currently fixed rate. Once the new & old balances are combined, we’d only be about 10% LTV. We’ve previously had an Offset Mortgage but switched to a low fixed rate several years ago. Now keen to go back to an offset as we know exactly how they…
-
Offset Mortgages
I wanted to make people aware that when they have an offset mortgage the provider still takes money from you. I have a Barclays off set mortgage that is fully set off (for over 6 months). Due to the way they collect interest they still takes a payment from you even though no interest is outstanding. They then use this…
-
Advice with regards mortgage renewal
our mortgage fix ends in May next year 2027. We are currently paying 1.24% and were hoping rates would have got closer to the 2.5/3% mark at renewal next year. Of course now, things have done a u-turn. We have a few options to mind and I’d really appreciate people’s thoughts on what you would do - 1. overpay on the…
-
best equity release
hi . iam looking for the best equity release deal , i owe £25.000 to be paid end of this year house is worth £470,000,, i ve had 1 quote of a company who say thet look for best deal going , iam looking to release £55,000. for home improvements iam retired with good income. the deal i was sent starts off at 6% and goues up…
-
Should I overpay?
I’ve got just under 1 year left of a 1.9% mortgage with £347k remaining. We’ve had a loft conversion on the property to add an extra bedroom and bathroom as well as bought share of freehold (vs leasehold when I bought), so feel confident the property should increase in value since purchase and hopefully improve the loan to…
-
Short Term Options during separation
My long term partner and I have split up and she has moved out leaving our children and me in the house. We had similar incomes so had always split the bills - since she moved out she has stopped contributing so my household income has dropped by 50% but all the outgoings remain the same - this isn't manageable and the…
-
Mortgage Complaint - Private recording, can I share transcript and/or audio with the FOS?
Hi, Long-standing mortgage complaint currently with the FOS where the initial adjudicator rule in my favour but the ombudsman has not upheld my case but I have one final opportunity to submit new evidence. As someone who has worked in finance for over 13 years, albeit, in a different industry I felt I had a very strong…
-
Barclays Mortgage 2026 Processing Times
Hi everyone, Just wondering if anyone has recent experience with mortgage processing times with Barclays? Our situation is pretty straightforward - PAYE applicants, no adverse credit, and we're purchasing a new build property which will be ready in February 2027. We've already submitted everything and are now waiting to…
-
Stamp duty - is Ireland completely separate?
Naturally stamp duty kicks in when you try and buy a 2nd home in the UK (if over £40k) But does that apply to your 2nd home in southern Ireland? Thanks
-
remortgaging - interest only
i am hunting more info. Not for my own circumstance. More " did i hear that correctly". apologies if it's in the wrong box. once i have paid off my mortgage, am i allowed in retirement, say to borrow £20,000 on "interest only" basis. with that refunded (plus costs) when i die. I would then have extra money in my pocket,…
-
How do remortgage offers work?
Currently on a 5yr fix mega low rate with HSBC which runs out end of August. Unfortunately I cannot reserve a new rate with HSBC until 90 days before the end date, which is June. Obviously I am very concerned that by June mortgage rates could be even higher. But I want to hedge my bets and have the option of re assessing…
-
Can't find Mortgage options for separating couples
Hi formum peeps, I have a house with no mortgage, and have separated from my wife. I am looking at mortgage options for a property for me to live in, and don't see I would be classed as a first time buyer. I don't know what products i should be looking at or what the implications are. I do not want to sell the existing…
-
50/50 freehold - buying a property - pluses, pitfalls and ALL Advice please
Hello, My partner lives a way away and travels 60 miles to her new work which is still 15 miles from me. We therefore are looking for a small house near where she works as a second home for a couple of years till we trade in everything for something we want. We have found "flat", part of an old hall which need a bit of…
-
Self employed: can it make sense to keep a small mortgage even if you can potentially pay it off?
Does keeping a small mortgage going provide any benefit in the scenario where someone might want to borrow against their property in the future? In other words - would it be easier to increase the amount of borrowing on an existing mortgage, than it would be to take out a new mortgage (I think it would be called an…
-
Will DWP dept management and mortgage
Hi. I have DWP dept management payments on my bank account from Universal Credit overpayment. Will it affect my chances of getting a mortgage offer. My Credit score is excellent, I have never missed a payment.
