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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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Mortgage overpayment when mortgage rates differ
Hello I am hoping someone can give me information about overpaying a mortgage with Nationwide. This is for a family member. They have a 25 year mortgage with Nationwide and are now at year 20 . They had a 5 year fixed rate at 1.64% which comes to an end at the end of this June (how lucky were they). They can overpay 10% of…
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Letter of No Further Interest from Northern Rock PLC - any ideas?
Has anyone had to get a 'Letter of no further interest' from Northern Rock recently? If so, how did you do it? I am sorting out a life insurance claim - a policy of my dad's, who passed away recently. The insurer says that the policy is assigned to Northern Rock plc. I assume this was originally to cover a mortgage -…
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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.
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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
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MSE News: Base rate held at 3.75% – here's what it means for you and when it might change
The Bank of England has once more held the base rate at 3.75%. We explain why, the latest predictions for when it might change, plus what it means for your mortgage and savings… Read the full story: https://www.moneysavingexpert.com/news/2026/03/base-rate-held/ If you haven’t already, join the forum to reply.
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Part boarded my loft 20 years ago, now selling house
Hi all, I live in a 1997 build detached house, David Wilson homes in Nottinghamshire. I part boarded ( 25% around the hatch area only) the loft upon moving into the property 20 years ago. I am now selling this house. I have read reports that surveyors now condemn boarded lofts due to them oft-being screwed directly on the…
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Remortage frustration
Currently remortgaging for the first time. My broker lead me to believe it would all be straightforward but this week has been a pain. Not exactly their fault, I guess, but I will be making a suggestion afterwards so they can make sure future client experiences better. They initiated the application and then the legal and…
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Is there any benefit to overpaying in my circumstances?
I am currently have a two year fixed term mortgage. I plan to pay off the mortgage in full once the fixed term ends in around 18 months time. I am allowed to overpay up to 10% of the outstanding balance per year. Given I plan to settle the mortgage at the end of the two year fixed term, Is there any benefit at all to my…
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Mortgage fix coming to an end
My mortgage fix is coming to an end in June and I need some advice on what to do. My work is relocating away from London to Huntingdon. They are going to attempt to redeploy me in London, where I live, but its not guarenteed. As I had a stroke a few years ago, the new location may not be ideal due to a lack of public…
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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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ok to live in my own BTL?
I have now paid off my residential mortgage. I have a BTL that I'd like to live in - now that there is no residential mortgage to my name, am I ok to move into the BTL, and rent out my mortgage free place? I'm in yr 3 of a 5yr Kent Reliance BTL mortgage - what options do I have? Could I get them to change the BTL to a…
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Could my lender pull my offer post exchange?
Seeing posts of lenders, especially Nationwide, pulling offers pre or even post exchange due to the rising interest rates, without reason and due to it being baked in their T&Cs they're able to do so. Just saw a post on reddit of someone having Nationwide pull their offer for no reason (could be fraud, but saw so many…
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Remortgaging -
Hey everyone I am looking for some advice ahead of a remortage later this year My current fixed deal ends at the end of June and I’m trying to understand what options might realistically be available before speaking to brokers. Here are some details: Property value around £320–330k Mortgage balance roughly £235k Remaining…
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Overpay mortgage or save dilemma
Hi everyone, My wife and I are shortly to receive £100k from an inheritance and are unsure what to do with it. We have £191k on the mortgage with a current remaining term of 17 years and current fix for next 2 years (originally 5) is 3.28%. We overpay £200 every month on the mortgage already but wondered whether to drop…
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Engage Credit.
hello. I’m new to this and would like to ask if anyone has a mortgage with Engage Credit. We have a mortgage that only has 6 years to run. Initially we were told we were not allowed to over pay to reduce the length of the mortgage. It seemed unfair but as it is a Prime mortgage I thought this is normal. However I have…
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Product switch during remortgage application
We're coming up to 4 months until our existing fix ends and, while waiting for Nationwide to send an offer our way, have watched interest rates jump over the past week - one product we had an eye on was 4.3% last week, and 4.99% this week. I don't want to wait any longer only for rates to rise further, so my question is do…
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Mortagage at ages 65 and 71
What purchase mortages (if any) are available to us at ages 65 and 71? We would like buy a house in the £300,000+ range with a 50% LTV. We live in Wales, are legal UK residents (US citizens) and are both retired with a mix of US and UK pension income. (I tried contacting the mortgate broker who helped us with our current…
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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,…
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New Mortgage just as rates have went up
Good morning all, We are n the process of buying our new build home just as the volatility has started, my partners credit has made it hard to find a suitable mortgage before all this but eventually found a lender and deal we where happy with. Since the start of the war rates have obviously shot up and while i personally…
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Mortgage broker - ask me anything
Thought I would start a thread where people can ask the brokers opinion on things @ACG @LRmortgage @kingstreet @Deleted_User (any other brokers want to chip in - these were the main other brokers who came to mind. It is definately an interesting market - probably the busiest I have ever been but at the same time lenders…
