Carry on paying endowment after mortgage repaid early?
I'm in the enviable position of having paid off my endowment mortgage 8 years early but don't know whether it's worth carrying on with the endownment payments until it matures in 8 years time, or would...
View ArticleEnd of fixed term
Hi all, At the end of a Fixed term how would you move onto another fixed term deal? If for instance you wanted to stay with the same lender would you be able to move onto a new fixed term deal without...
View ArticleLTV calculation
Apologies if this question has been asked before but I couldn't find an answer during the search. Here's the scenario: - Assume that I buy a property for £100,000 and take an 80% mortgage fixed for 3...
View ArticleNationwide - Shifting the goalposts
We going through the process of getting a mortgage through Nationwide, via a broker. When we applied I showed evidence that I earn an extra £9000 a year on my basic through permanent overtime, but the...
View ArticleFrench residing in France to remortgage in the UK
Hello there, I am trapped. I have a shared onwership in the UK and want to remortgage to 100% from France . I have succeded in having the authorisation to rent the house for now but will need to...
View ArticleExtending interest only Mortgage
My friend has a interest only mortgage with C&G which ends next year when he turns 65. However he would like to extend it for another 4/5 years. He has an investment portfolio to pay off the...
View ArticleAgreed Overdraft Use - Underwriting
I have a DIP with Nationwide for a new build and will be submitting full application in next 5/6 weeks once I have a more accurate date for builders completion. I also have a £400 agreed overdraft with...
View ArticleOverpayments or reduce term?
Hi, I currently have a fixed rate mortgage with Santander which ends in May. My current rate is 3.35%. In May I will owe 64,035 and my LTV is 37% (house value=175000. I've been deliberating whether to...
View ArticleAre Santander misleading?
I am getting close to a fix ending and was scouring the market and decided to start with my current lender (santander). Online, they offered an 85% ltv 2 year fix for 3.49% plus fees. When I rang up as...
View Articleconfused/worried!
We have recently reserved a house after spending a few days getting everything prganised. We are first time buyers and there's no chain. My hours are increasing from April which means I'll have a £7k...
View ArticleBarclays 'sprigboard' & Lloyds 'Lend a Hand'
Hi, I have just heard about the new Barclays and Lloyds mortgages which involves parents helping their children get onto the property ladder. Are they as simple as they sound and are they really a good...
View ArticleBorrowing more on Halifax mortgage
Hi all I took out a Halifax mortgage last August. The loan-to-value was 80%. Since purchasing the property we have added a second floor and three bedrooms (it was a bungalow) and carried out a complete...
View ArticleLimited company account for mortgage
Hello A bit confused so would appreciate some advise can someone please explain the follonwing: We define gross annual income as the applicant's share of net profit (before dividends) of the company...
View ArticleMortgage fees
Hi Just a quick question. When do you normally pay mortgage arrangement fees? Do you pay them upfront or on completion? Its not an option for us to add them to the mortgage unfortunately. thank you L
View ArticleOffer on property
Hi All We are in the process of submitting an offer on a property we want to buy.I put forward our offer today over the phone. But the agent wants me to submit it in writing via email. Is this usual? I...
View ArticleOffset v Fixed+Savings Help
Hi guys Trying to decide between an offset and a fixed rate+savings and have used the calculator, but not sure it's giving me the full picture. I've plugged in my numbers 104k owed over 25 yrs 3.29% 4...
View ArticleRemortgaging Options in a CTL...
Hi guys, Need some guidance. Current fixed rate ends in a few months for my former home. Have Consent to Let (CTL) in place and called up to see what was available with my lender. Good rates for...
View ArticleFTB question
Hello I was wondering , FTB ,looking at 185k house and between 40-50 LTV required....no defaults or late payments on credit reports , long time bank with Natwest , 28k p/a salary My question , should i...
View ArticleHelp with credit file and ability to take out mortgage
When I was at university I took out some credit cards which I endedup missing payments on and ultimately running up bad debts. I eventually paid these off but it has had anegative impact on my credit...
View ArticleMortgage Advice - Bad Credit
I have recently been put in a position where I am able to buy a house. Unfortunately my recent credit file does not look good:- - I have usage of payday loans on my file. This became a problem in my...
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