Santander Mortgage woes - 2 year fixed product, turns out to be 4 months longer than quote!
MoneySavingExpert Forum » Mortgages & Endowments
by MisterWhite
1h ago
For my mortgage renewal I was quoted by Santander 1, 2 and 3 year fixed rate products. The rate was much higher than I had been paying historically, but I intended to pay it off by the end of 2 years. I confirmed the offer, as encouraged to, on my phone via the Santander App. When I got confirmation of the new mortgage, I noticed that it had been set up for 2 years and 4 months. Consequently meaning I pay another 4 months interest at a higher rate.  I have complained to Santander who have said that it's tough luck, I should have read the final offer documentation. In hindsight, I should h ..read more
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Need help with my Remortgaging
MoneySavingExpert Forum » Mortgages & Endowments
by mcmso
1h ago
Hello There! Can Anyone find me the perfect solicitor for my Remortgaging, I live in Blackburn, Should I connect with any firm or find my own, which is easy and cheaper ..read more
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Mortgage couple - partners different contribution
MoneySavingExpert Forum » Mortgages & Endowments
by learningmore11
1h ago
Hi, Me and my partner are in the process of buying our 1st house together. We have an arrangement but we are not sure how we can work that out now, and in the future: My partner will pay the deposit (she has money from a previous property she sold) and I will pay the mortgage (have a higher salary). As an example let's say the property will cost £500000  She will pay the deposit - 350000 I will pay the mortgage  - 150000 In theory she will own 70% of the property and I will own 30%. - Is that correct? If, in the future we sell the house what is the best way to reflect that on a co ..read more
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Changing country and Mortgage ending _ Please advise
MoneySavingExpert Forum » Mortgages & Endowments
by TornSoldier
1h ago
Hi there, Our five year mortgage deal with Natwest is ending this October for our only home. Based on HPI, our LTV is 67%. My employer has offered me a new role in the US, expecting me to start there in September. We will be going to the US for at least 3 years and up to 7 years maximum.  We do not want to sell our house because a lot went to get it. Therefore, we are considering to put it on rental market. I suppose we will need to switch to a buy to let mortgage for the duration we will be away? Is it better to go to a mortgage consultant for this change? I have been trying to look a ..read more
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Switching Mortgage Online - Term Query
MoneySavingExpert Forum » Mortgages & Endowments
by sunshineheart
17h ago
When coming to the end of a fixed deal and opt to switch to a retention product online does that mean your mortgage term stays the same? For example I have a 30 year deal fixed for 5 years. When renewing online does my term become 25 years or can I opt for a 30 year product again without requiring any checks ..read more
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Porting question
MoneySavingExpert Forum » Mortgages & Endowments
by annabanana82
2d ago
This may be a really stupid question but I've never sold a house before and not sure how it all works. Current house worth around £300k o/s mortgage circa £57k. Mortgage is portable but understand this is still subject to lenders agreement.  If our next house we bought for say £280k, could the mortgage still be ported?  Would we keep the mortgage of £57k and then the delta returned to us? I think this would give us around £23k (Maths is not strong). We only have 18 months on our current fix, but with other savings we'd be able to pay off the mortgage at the end of the fix if we s ..read more
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Which offer should we take?
MoneySavingExpert Forum » Mortgages & Endowments
by ncfcfan
3d ago
Hi all, we’ve come to the end of our mortgage term which was a 5-year fixed on 2.2% for 35years and we were paying approx £1050 per month. Our first one! Our newest offer is for 30 years, 4.97%, fixed for 5 years. It would be approx £400 per month more. We’re not super comfortable being tied into this for 5 years, but know 2 years would be even more expensive for us. Our fa looked at other vendors, the difference was negligible. Our FA also presented another 35year which would make it a bit more manageable for these 5 years.  My question is what’s the drawback of doing another 35 year ..read more
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Desperate for advice
MoneySavingExpert Forum » Mortgages & Endowments
by Tom157182
3d ago
Hello.  I am desperate for some advice.  I have 2 mortgages: Mortgage 1: balance is £69,000. It’s at a rate of 2.59% which is fixed for another 3 years. This costs me £665 a month.  Mortgage 2: balance is £111,100. It’s at a rate of 11.75% (I know!) it’s fixed for another year and has a term 19 years left. This costs me £1229 a month - but I pay £1500 to add over payments.  My credit rating is poor which is why the second mortgage is so awful.  I have found a mortgage broker who can lend me £180,000 at a rate of 5.8% variable - to combine them    Is this ..read more
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Remortgaging Jan 2026 issue, please help
MoneySavingExpert Forum » Mortgages & Endowments
by Stargirl1234
3d ago
So I have around 350,000 left on a joint mortgage with my husband and need to renew in Jan 2026. We were on a 5 year fixed at 1.92%. I am well aware the repayments will be much larger at remortgaging time. Currently we pay £1500. My issue is that I am worried sick as my husband has decided to run up debts behind my back amounting to 10k and now has 2 defaults. I had offered to help bring them down but he refused my offer.  I am now worried if this will affect remortgaging? If we stay with current provider would anything be affected? Also does him having defaults muddy my name also? I am ..read more
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To buy with a mortgage at 66!
MoneySavingExpert Forum » Mortgages & Endowments
by Concorde12
4d ago
Hi there I'm currently mortgage free ,house on market but to get what I really want im looking at a possible 50k shortfall  I'm 66 with lots of equity in the house  Mortgage rate I'm quoted is 6.6% ,age is against me .... any advice please ?  ..read more
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