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Porting Santander Fixed Rate Mortgage - any experences?
Evening, We have a fixed rate Santander mortgage that has an early redemption fee and also an option to port the mortgage to another property. The way things are looking we aim to sell our current house before we buy. Has anyone porting with Santander - esp. when there isn't a chain? In particular, has anyone seen any…
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Is getting a mortgage possible in the worst of circumstances?
Am I dreaming? Completed an IVA 3 months ago Average to low credit score Single person applicant although married (wife in IVA) with 2 kids £0 savings although could probably raise a deposit around 10k Employed 41k with bonuses
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New mortgage and new car
Hi all. I need a bit of advice on mortgages and car finance. I currently live in an area where a car isn't necessary, and I'm planning to buy a house in a place where a car definitely is necessary (I've had cars before, I'm not looking for advice on that, I have just done without for a few years to help with saving for a…
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Remortgage and changing employment types with 4 month gap
I finished working at the end of september, it was a salaried position I was effectively made redundant from. I was unemployed for 4.5months in total (taking a break, upskilling and looking for jobs), before starting a 6mth contract (via umbrella company) It seems most lenders require a history of 6-12months of…
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Paying off mortgage and ISA's
In short I have made an investment in the stock market which is now worth approx £250k in a stocks and shares ISA. This is enough to pay off my mortgage and put some change in my back pocket. This leads me to some questions. My mortgage deal I re-signed in Jan 26 for 2yrs which is £200k @ 3.45% If I was to sell my shares…
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Student mortgage
Hi just wondered if anyone had gone down the student mortgage route? DD has already paid over £20k in rent over the last few years and has nearly 2 years left. I understand there are mortgages for students and wondered if anyone had experience and could give an idea of deposit/ etc? I understand income from renting a room…
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Worth or possible to buy back the equity release of my parent's property?
Apologies if this subject is best served in another category, it seemed to be the most relevant. I'm just starting to look into this idea and I currently have very little understanding of how it works, but hope you can give me starting points or the right direction to at least understand if it's viable to take it further.…
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Delay on buyers mortgage application?
A bit of a general question as we dont have the specifics so just general thoughts. Its now been 8 weeks since we accepted the offer on our property. At first were expecting the buyers to try and reduce their offer after the Level 3 survey. But that didnt find anythihng and we made it clear that we were not going any lower…
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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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BTL Mortgage - Should I clear the balance OR can I remortgage?
Hello, I have a fairly small balance left on my BTL mortgage and I don't pay a lot of interest. I have never paid it off, as im not sure if it would ever help for future borrowing e.g. could I remortgage and borrow against the equity/property? I will need to borrow money in the near future as my own house needs a new roof.…
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Shared Ownership Mortgage special clause
Need some collective wisdom here while I wait for my solicitors to get back to me (if they ever will…) I am buying a SO newbuild and due to it taking absolute ages, I've just had to reapply for my mortgage with a different lender. There is a clause in the mortgage offer which states: "You must also assign to us the rights…
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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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Can I get an interest only mortgage with this much debt?
Hi everyone, I’m looking for some advice on an upcoming remortgage (Sep 2027) and whether my profile fits current Interest Only (IO) criteria. The Financials: Property Value: £450,000 Current Mortgage at renewal: £205,000 New Total Loan Required: £225,000 (£20k capital raising) LTV: 50% Repayment Strategy: Combined Sale of…
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Consent to Let Barclays Bank
Hi everyone, I’m looking for some advice or to hear about other people’s experiences with Consent to Let from Barclays. I’ve had my mortgage with Barclays since January 2024, and I’m now considering renting out my property. I’m planning to apply for Consent to Let but I’m unsure how straightforward the process is and what…
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Mortgages & Gambling
Hi all, I am currently in the process of applying for a mortgage and the broker has asked for 3 months bank statements from all bank accounts I have. My main account, the one my salary gets paid into is with NatWest and has no gambling transactions on it, but there are transfers on there to my Revolut account which does…
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Help-to-Buy equity loan - remortgage + deed of postponement discussion
In the hope that
this may help others, I want to share my recent experience of remortgaging whilst
retaining the Help-to-Buy equity loan, which is still ongoing after many months.
And also to ask whether anyone else has had similar experiences? I couldn’t
find any threads on this, so please do let me know if there’s an…
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Mortgages and defaults
Hi! First post… I recently had a protected trust deed (similar to IVA) drop off my credit file as it was 6 years old. I do still have 1 settled and closed default of £2k on my credit file but it drops off in 3 weeks time as it is 6 years old (since it was registered). The rest of my file is good. My partner's is also very…
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Debt to Income Ratio For Mortgage Application
Hi all When applying for a mortgage does the lender calculate your DTI ration based on your current affairs, or on the predicted one? So for example using rent payment now or what the mortgage payment would be? Thanks in advance.
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What brokers use the below?
Do you have any brokers who approach the below: Hinckley & Rugby BS Saffron BS Leek United BS Bath BS Market Harborough BS Tipton & Coseley BS Mansfield BS Buckinghamshire BS Melton Mowbray BS and have you used any of them?
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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…
