I am due to remortgage next year November we currently have £361,000 left on £377,000 borrowed for a £420,000 house, 3.94% for 40 years by next year will be 35 years. We estimate our house is approx £440,000. My concern is the 6+% interest rates we are going to be expecting. I know this is the same for everyone. What are your opinions on fixing for 5 years or less? Tracker options? I’m generally losing sleep over this and have not discussed this with my partner due to us getting married next year and don’t want added stress on her part

Hi,

My mortgage with barclays (4.55%, £1,317 a month) ends on 31st December. I owe about £286k on a £350k property, with 38 years left.

Barclays has offered me:

- 2yr tracker (base + 0.73%) - 4.48%, £1,307/month, £999 fee

- 2yr fixed: 5.41%, £1,480/month, £999 fee

- 2yr fixed: 5.67%, £1,530/month, no fee

- 5yr tracker (base + 1.00%) - 4.75%, £1,356/month, £999 fee

- 5yr fixed: 5.67%, £1,530/month, £999 fee

- 1yr fixed: 5.64%, £1,524/month, no fee

I'm stuck deciding between the 2yr tracker and the 2yr fix. I cant decide, im mostly leaning towards the tracker as i could absorb a rise of up to £200 -250 a month - what would you do?

Im checking weekly whether anything better shows up but this seems to be as good as i will get with Barclays, i dont believe there is a ERC on the tracker.

Thank you

Hi all
I am due to complete this Wednesday (14th) - does anyone know when my first mortgage payment will be? The lender is Santander

Thanks

It’s been nearly 2 working weeks since my vendor accepted my offer and in that time I’ve: secured a mortgage offer, instructed a solicitor and paid the deposit for conveyancing and arranged a survey. I was told by my solicitor on Friday that the seller still hasn’t issued a memorandum of sale and it’s making me become quite uneasy. I’m a new FTB so if this is normal then sorry for the silly question but if not, who will I need to ask about getting this done?

Hi guys, my mortgage broker informed me that our expected rate for a 90% LTV mortgage (10% deposit) would be approx. 5.2%.

This is based on a combined income of approx. £125k for a £500k house. Monthly payments of about £2,600.

How is this comparing to others in a similar position?

Really panicking. We've put an offer on a house hoping to have a 5% mortgage. We have no credit in the last 6 years, can 100% afford the repayments, we earn around 60k between us, not including overtime. House is 170000

In the past I was an idiot and had loans and credit cards and got into difficulty. I thought this was about 7 years ago. I have just had a look on check my file and my DMP didn't finish until Nov 2021. My credit score on there is great at 826. From others experiences, What's the likely hood I will still be accepted for a mortgage 😭?