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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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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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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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Remortgage for 2 yrs or an 18 month loan
One 1 of 2 of my mortgages expires in Aug24 with 18 months on it. Nationwide will offer me a 2 year fixed rate, or I could let it fall onto the 7.99% standard rate. Come August, there will be £10.5 left on it.I'm considering moving the remainder onto a loan which have rates of 5.9-6.2%.Does anyone have any advice and once…
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Kensington Mortgage application timescale
Hi- I hope this is the right place to post. We are waiting (almost 3 weeks) to hear from Kensington about our application. We were expecting lots of extra paperwork requests from what I have read on here. Anyone been through this that can maybe reassure me please? How do I know when they have done a valuation? The credit…
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Remortgaging shared ownership
Hi all, My mortgage is coming up for renewal in July, up to now I have kept with the same lender by product transfer, so no credit checks. My house value has gone from £169000 to about £240000 maybe more (zoopla estimate) since moving here and i have 40% shared, my finances have changed since the initial mortgage, I…
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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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Help understanding how much is left to pay on my mortgage please - Nationwide
I recently re-mortgaged with Nationwide and am struggling to understand the online account screens, and therefore how much total capital remains to be paid off. I have made a couple of overpayments in excess of £500 and received a letter each time confirming by how much these had reduced the mortgage term. However, I also…
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Joint mortgage with brother request
Hi - my brother has been through a protracted, nasty divorce and wants to take over mortgage and remove his now ex-wife. All agreed by court etc. However, bank won't lend him money as he had a period of not-working (during mental health crisis during divorce). Is now stable and on decent money and covers costs each month…
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Semi retirement and my mortgage
Hello - first post here so I hope you bear with me. i am able to take my pension aged 55 in June, and return to work contributing to another pension scheme on reduced hours. The new pay combined with my monthly pension will be roughly the same as my current income. I have a Help to Buy loan which I intend to pay off in…
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Residential into BTL and viceversa
Hiya lovelies! Trying to do the above (converting our current residence into BTL and move ourselves into what is now a BTL) and thought that it would be a somewhat straightforward process but it’s proving otherwise…😓. Current broker is L&C and we had just the residential application rejected. Excellent credit scores, loan…
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Pepper money? Anyone have any experience good or bad please
Just wondering if anyone has any experience, good for or bad, of Pepper money for UK market. When googling only negatives are apparent. I’m certain that’s not a true reflection of a company as most people I think only tend to review if they’ve had a bad experience. Anyone?
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Repossesion
I had a home repossessed in the recesssion of 2009 . I have now £190000 to put down on a home . I have no defaults or ccjs standard credit history will I still struggle to find a mortgage? Looking at borrowing £110000
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Anyone with a 25 year endowment which matured recently ?
Just curious as I have one with Scottish Widows which matures a year from now which was for 40k. Remember 24 years ago the RBS telling me that I would double my money !! Oh to be so young and naive again :D Guessing I will get 25/26ish k back.
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taking ex off the mortgage , i have an issue with the solicitor, help needed
hi everyone, bit of background on my situation , bought a house with my ex 2 years ago , we split and she moved out 9 months later, we agreed on how much i was to give her and everything going fine, had my mortgage offer from the bank to put in my soul name around June 2023. i then got a local solicitor to do the paper…
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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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ERC refund - minimum time between transactions
Hoping someone can help my tired brain. I can see online that Halifax will refund an ERC if you take out a new mortgage with them within 3 months of paying off your previous mortgage. What is the minimum timeframe to complete on the new place for them to deem it non-simultaneous and therefore allow the refund? Thanks!
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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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Mortgage on a static caravan?
A friend lives in a rental property and wants to buy and live in a static caravan on a proper residential site. Do lenders do mortgages for this?
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Stamp duty when buying in to partner's property
I'm struggling to find good resources online to self-educate ahead of speaking to a solicitor. Does anyone have insight on the below, or anything related that is worth knowing? Thanks! As far as I understand when buying into a partner's property you must pay stamp duty (or Land and Buildings Transaction Tax (LBTT) as in…
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NatWest Mortgage Application Timescale 2024
What is current time frame from start to finish on a mortgage application with NatWest?