Hi, i am a resident in scotland and i am currently at the end of my mortgage. I still need to pay a substantial lump sum at the end of my agreement. Due to my health and age the bank have been referring my case for 6 months at a time as i continue to make a monthly payment. I have been approached by the banks legal department today saying i have 30 days to come up with a solution or they will take my house to auction. I am 70 and unable to get mortgages/loans etc. My question is can they evict me in 30 days? What are the rules around this? Can i offer them a payment plan over the next few ye ..read more

My husband and I have been living in our home since the 1990s.  The house was built in 1986.  The house has no building regs certificate from when it was originally built and is slightly larger then the original planning permission allowed.  Our mortgage lender was happy to lend to us as the previous owner had a mortgage.  Our current mortgage comes to an end in 2 years when we will be 65.  We intend to remain in the house for the foreseeable future. We think that it will be difficult to sell our home without a building regs certificate if we pay off our mortgage. We ..read more

Hi folks  Applying for a mortgage with Skipton, who don’t take anyone with a Payday Loan in the last two years.  But a lot of back and forth online as to what classes as a PDL to lenders - products like Drafty, Finio, Pave etc… Any informed thoughts/experiences welcome.  ..read more

As per the title. We are in a better financial state than a year ago and would like to find out if we could remortgage or move now.  Do companies on the MSE Broker list like L&C work ok with adverse credit applications ..read more

hi All Just trying to remorgage the house with first direct and they need the letter of consent and postponement from my wife. The mortgage is in my name as i wonder if this is a standard procedure for all banks to require this or not? It is rather strongly worded which got me worried if she really has to sign it. Regards ..read more

Hello all, I’m soon coming off my fixed rate (next 5 months) and have some questions about looking for a new provider. Should I stick with my existing mortgage and fix it for another 2 years, or does remortgaging actually save you money considering that interest is front-loaded over the principle in the earlier term of the period? Would this not apply to the new mortgage too? I understand that there are a few variables to consider, such as the starting balance, the actual interest rate, and the term length. I have 18 years left and an outstanding amount of £388,000~ (LTV 53% at today's val ..read more

When I bought my first house in 1985 with my then fiancé we took out an endowment mortgage.  6 years later when we split up I re-mortgaged the house with a repayment mortgage but never cashed in the endowment.  I did however stop payments to it.  I no longer have any of the documentation, have checked with the solicitor who handled the purchase and my divorce and they don't have any documents either.  I am unable to get bank statements showing payments as Barclays say their records don't go back that far.  How can I find information on the endowment policy. Thanks in a ..read more

Second lot of questions from Kensington Mortgages, nothing sinister.. asking for proof of deposit and confirmation of freehold… however they have asked about childcare costs and for current landlords details. Anyone with experience of why they want the above?  They have also put on last point ;  Additional Information - Valuation 6 Subject to satisfactory valuation which has been instructed. The number is 01525 218704 for the Connell¿s Direct Bookings team Is it a good/ positive thst they have now requested valuation? Mortgage app went in on 11th April  ..read more

Does anyone know what company Barclays use for their property valuations, and whether I (as the customer) would have any say in who goes out? The reason, I'm buying a new build and the developer won't allow Connells on site (because of their reputation to downvalue - which I understand). I've had a mortgage application in with Natwest who tasked Legal & General to do the valuation, who in turn subcontracted out to Connells. Now I'm stuck as neither Natwest or the developer will budge. Barclays actually have a slightly better product so it's not the end of the world switching, (assuming t ..read more

My fixed rate ends July of this year and I've taken advantage over the last 2 years of making the full 10% overpayment. I will have 4 years remaining. Bank have now written to reduce my payments so I remain in the 4 years to pay it back. Nice to have that extra money but even nicer to have the whole amount to play with with no mortgage! So I plan to keep making the same payment I currently pay from August together with an overpayment as I'm no longer tied to the 10% and hope to clear in just under 2 years. Is this the right approach?  It is not worth fixing as amount owed is smallish ..read more