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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 shortfall
Help just received letter from hessonite mortgage saying I owe £14000on house repossed 11.5 years ago is there anything I can do
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Ex refusing transfer of equity
Hi all, need help! Bought a house (equal rights) with my fiancé 18months ago and we broke up a year ago. I’ve offered to transfer my equity/share of mortgage to him and remove my self from the title deeds walking away with £0 just to get rid of him and anything to do with the house. He is refusing to do so, saying he won’t…
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Lenders not wanting to lend
I am going for a mortgage app in a few weeks however I have been told that a lot of lenders are being very picky or looking for reasons not to lend. Is this the case or should I pay no heed?
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How does it work..
So I’m currently in a deal until oct 26 with Halifax and have savings which I’ve locked away to get the best savings rates as currently my mortgage rate is 1.4 or thereabouts. I would like to know if I waited until the end of my deal and get changed to the SVR can I then make a larger overpayment without penalty then take…
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Remortgage calculations
I haven’t been around this forum for a while but I’m hoping someone more knowledgeable on here can help with our remortgage dilemma. We currently owe about £189000 over 26.5yr. We can product switch with Halifax 2 year fix £1090 5.19%5 year fix £1026 4.61% We haven’t found a product with another lender that we think would…
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Santander extra borrowing - extra picky?
Hi, just wanted to run this by the forum, see if this seems sensible to those with more knowledge than us. We currently have a mortgage of £72k, on a home worth roughly £160k - and are 18 months into a 5 year fix with Santander at 3% (Lucky we re-mortgaged when we did!). We have around 18 years left on the mortgage, and…
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Mining Report Query from solicitor
Hi all, Need some advice or previous experience from people who have been in the same situation :smile: So my solictors pa rang me as well as emailing me the following : "In relation to your search reports, we have reviewed the mining report and notes that a subsidence claim was made within 50 meters of the property. This…
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Are we expecting BOE to remain at 5.25% on 9th May 2024?
Will trackers decrease further, ie a rate closer to the BOE rate, or is that it for trackers.....not much movement since January on them.....
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Borrowing money against my home for extension
Hi everyone, I'm looking to borrow 100k against my home so I can build a double story extension. The extension doubles the sq meters, so it worth doing rather then moving. The question I have is, can I just remortgage my home or apply for a mortgage? I don't owe anything on the property and I dont have and other…
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Mis Selling Mortgages
I hope you can help me please. I have been contacted by a company called Lawcost Legal Limited who apparently have bought out Commitments Protection with regards to mis selling of mortgages.I did have a PPI claim with Commitments which I was paid out back in 2006. I also paid Commitments 2 lots of £354 for them to look in…
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Family Offset Mortgage
Are Family Offset mortgages only available to help first-time buyers? I would like to help a family member buy a bigger home - something she is currently struggling to afford but needs due to her children reaching an age where they needs their own bedrooms. If a Family Offset Mortgage is not available, is there any other…
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First time buyer questions-underwriting
Hi, So i am in the process of buying my first home and we are currently waiting on underwriting (halifax) what is the usual time scale and order that things are done? So far we are nearing 2 weeks since full submission the bank had a valuer at the property yesterday and today they have performed a second full credit check…
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Mortgages and CCJs - Advice needed please
Good morning, We are remortgaging our property and as we have started this with a broker we were rejected by two banks. We always thought we had good credit scores so this came as quite a shock, and then when we used Experian to see our credit history there is a County Court Judgement against my husband. It appears that…
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Want to move house but my mortgage is up for renewal around 4-6 months before.
My mortgage renews next March and we are considering our options. One of those would be to move house and area closer to family, however if we were to do this we wouldn't want to do it until the summer so our two children start school in September in a new school. What are my options and pros and cons? I am thinking A.…
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MSE guide: What happens to a joint mortgage after separation?
This is the discussion thread for the What happens to a joint mortgage after separation? guide. The guide discusses topics such as: - Who's responsible for a joint mortgage if you and your partner separate - What are your mortgage options post-separation - Where you can get mortgage help after a separation - Joint mortgage…
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Starring property portfolio and clearing own mortgage.
I'm trying to work out the best route forward for the next step of my plans. The goal is to pay off my house and have a portfolio of houses rented out. I've worked out soon that I will be debt free aside from my mortgage which is currently at a £400,000 balance. The repayment is £2,300 per month on rate of circe 5.5%. I…
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Re-mortgaging from residential to buy to let
Hi, I’m currently in the process of remortgaging my house which is currently residential, to a buy to let mortgage as I am moving in with my partner, there’s a future plan for me to be added to his mortgage at some point but this won’t be immediate. I have a 3 bedroom semi-detached. I have a mortgage broker who has put me…
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Mortgage Charter Problem at Nationwide-?
I have been informed by a Nationwide mortgage advisor that I
am unable to use the provisions of the Mortgage Charter because there is less
than 12 months left to run on my current mortgage term. I have read the Mortgage Charter in full
and it does not mention any such limitation or exception. Please could someone confirm…
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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…
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DWP Debt management
Hoping someone can help.. So me and my husband finally got a AIP with NatWest and we now had an offer accepted on a property , so now our mortgage application is going in.. & getting everything ready and downloaded out bank statements and have completely forgot about a payment plan I have with DWP for an overpayment from…