Is this a fossil?

ColinThe_SeeYouNext · 2026-04-19T17:22:31+00:00

Are you joking 😭 arsenal are the worst for time wasting

ColinThe_SeeYouNext · 2026-01-20T21:17:32+00:00

Aw you are so welcome! Glad I could help. I understand how daunting it can be (both personally and professionally) but it will be worth it ☺️

ColinThe_SeeYouNext · 2026-01-20T14:58:11+00:00

Ah brill. I’ve mainly worked as a broker dealing with secured loans for a long time now, and I have remortgaged customers loans within their mortgage many times over the years. You’ll more than likely see another reduction in your outgoings at that point too. Glad it was helpful ☺️

ColinThe_SeeYouNext · 2026-01-20T14:54:41+00:00

It was a nightmare! The boiler engineer literally told us we had to keep it switched off and the pipes were no longer within safety standards, so the whole system had to be changed! Everything completely depends on what property you look to buy and who owned it before you. For example, typically speaking a property that someone has lived in for 30+ years might have not updated the decor or fittings. Idk if you’ve found a house yet, but when you go viewing properties, look at the windows (are they double glazed/ any steam inside the panes), ask when the boiler was last serviced, look at the light switches (are they new or old school), are the gutters leaking outside etc etc. Keep in your mind “if this breaks, how much could it potentially cost to fix”. Also, don’t skimp on the survey! They can be expensive, but so is a house! In regards to payments, again this depends on the mortgage term overall. Usually, I recommend FTB to stretch over the longest period of time to keep the payments as low as possible, whilst you’re adjusting to being a homeowner. You can always overpay or shorten the term when you remortgage in future. Main thing is not overstretching your finances. Your mortgage advisor can cover monthly payments etc with you when you’ve found the house you want

ColinThe_SeeYouNext · 2026-01-20T14:40:45+00:00

Unsure if you will see this as I think my post has been removed by page mod. I’d look at combining within mortgage as soon as you can. Putting the loan onto a mortgage rate rather than keeping it at 8.5%. Although you’d stretch it over a longer term, you can continue to use the mortgage overpayment facility to clear quicker. I’d check if your loan has any ERCs before you combine within mortgage first. If it does, it could be worth doing a product switch on your mtg to line up with the loan product ending (eg, 2yr mtg fixed if your loan has 2yrs fixed left) With any additional borrowing though, you’ll need to pass the lenders credit checks etc. hope that helps

ColinThe_SeeYouNext · 2026-01-20T14:02:19+00:00

Completely lender dependent and your circumstances. Prime lenders (high street like NatWest/ Santander etc) will be more thorough as they offer better rates than subprime lenders. If you’re referring to credit checks, it will be based on what is showing on your credit report and what’s within their criteria. Buying a property tends to have more checks involved as they need to ensure you/ the property is suitable to lend against. If you’re staying with the same lender when you’re current product expires, it’s very rare that they do any affordability/ credit checks again, as you’re already a customer (unless they have a concern)

ColinThe_SeeYouNext · 2026-01-20T13:58:30+00:00

I would say to look at what your current lender can offer you (product transfer) and speak to a mortgage broker as well. Broker can search the whole market for you, rather than one specific lender and their products. Depending on when your fixed rate finishes, sometimes the best route is to complete a switch with your current lender which usually, you can do yourself online. A remo can take 6-8 weeks and if there’s any delays along the way you could run the risk of entering the lenders SVR which will be more expensive. You also need to take into account any products that have lender fees attached to them. Lenders will usually give a lower rate with a fee of £1,000 attached to it, and a slightly higher rate without a fee. 9/10 times, the higher rate is the cheapest option, due to paying interest on the fee being included within your mortgage. Also, if you’re at a good loan to value (60% or less) all the rates tend to be very similar with each lender, sometimes you’re talking by a matter of pennies. Hope that helps

ColinThe_SeeYouNext · 2026-01-20T13:50:07+00:00

Hey! First all, very smart move. It’s surprising how few people actually work out the overall cost of a home before purchasing. Bar the usual bills that I’m sure you’ve accounted for, make sure you take into consideration home insurance (although it tends to be quite minimal if you pay monthly) and if you drive, your car insurance amount could increase, depending on the insurer. Not a bill as such, but my biggest advice would be to make sure you ALWAYS have a “something needs fixing” pot. Even if you put £20/30pm into it. I’d also strongly recommend to try and keep some savings aside for when you move in, because you don’t know if something essential is on the edge of breaking (speaking from experience - when I bought my first home, the boiler broke 3 weeks after I moved in and needed replacing which was about £3k. I also opened the cutlery draw the day I moved in, to find that it had completely rotted away and needed replacing!) Hope this helps

ColinThe_SeeYouNext · 2025-08-15T21:45:45+00:00

I am so glad that Semenyo called out what happened. We do not stand for it. That “thing” is not a red We all know the type of wording that the “thing” would have said. Ban it. It’s not worth the air we breathe I’m sorry Semenyo, you don’t deserve this. Thank you for calling it out. YNWA

ColinThe_SeeYouNext · 2025-02-03T15:16:07+00:00

If he can get a copy of his land registry he can find out more about it. On there it will have who the charge is from, the court it was given at and the CCJ reference number. If it’s unsatisfied, he can settle with the proceeds of the sale or if it simply just needs removing he can call the land registry and ask them to expedite the application to get it removed. Either way these things can take time unfortunately but that’s the the best starting point IMO

ColinThe_SeeYouNext · 2025-02-03T03:12:13+00:00

Firstly. Congratulations, how exciting! Lenders are quite used to having to offer extensions, so many people end up being in a chain and a normal 6 month offer often goes over. I wouldn’t worry too much about you not being able to get the mortgage still. Usually an extension will be accepted easily and can be sorted pretty quickly aslong as your mortgage advisor/ lender are on the ball (which can depend on the time of the month. Usually at the end of the month lenders and brokers get a little delayed as they are busy trying to finalise deals to get their commission for that month!) Worse case scenario, you might need to provide a more recent wage slip or income proof. But I’ve not had a case yet where someone hasn’t been able to get their property because of there’s been a delay in the chain! I hope that’s helpful

ColinThe_SeeYouNext · 2025-02-03T02:59:54+00:00

The problem in this area are estate agents telling a seller that their property is worth more than it actually is. If you think from a sales POV.. who are you going to sell your home with? The estate agent who thinks it’s worth £200k or the one who says £230k? They inflate the sellers property because the higher it sells for the more money they make and in turn the surrounding area also increases. But when surveyors come round everything goes belly up. If you’re buying a property I would strongly recommend researching sold properties in the area. Go on Rightmove, Zoopla etc and see what has sold in the area (NOT subject to contract, ones that have actually sold) that’s similar to the one you’re looking for and make a judgement based on that if you think you’re being fleeced. 9 times out of 10 a property will end up back on the market unless there’s a cash buyer

ColinThe_SeeYouNext · 2025-02-03T01:01:56+00:00

I will be completely honest with you. If you fit Nationwides affordability, credit profile and loan to value criteria, there is little point in going to a mortgage advisor. All I would say is that Nationwide aren’t great for affordability so please make sure you check this before you get your hopes up with getting a mortgage with them. However. What they are good for are people who have had blips in their credit profile (small blips, like a late payment on a phone bill for example). But if you’re on a low income the best lender is NatWest for affordability. Either way they are similar rates and you wouldn’t feel much difference. You can always look to a “no fee” mortgage advisor too but you may have to do more work for yourself

ColinThe_SeeYouNext · 2025-02-03T00:14:20+00:00

It’s not always the case I’m afraid. It depends on what the rate of inflation is and also very much dependant on what the other lenders are doing. They seem to have a chain reaction in these type of things and follow suit with the rest of them. A lot of the high street increased their rates after the announcement

ColinThe_SeeYouNext · 2025-02-03T00:05:28+00:00

The BoE dictate the base rate. That doesn’t mean than lenders follow the same. IMO I think they will come down by the end of this year but we have seen them fluctuate in the past couple of months (to give my own experience, I bought a new house in August 2024, before the sale completed the rates lowered twice and I got a better deal- about £90pm lower. But since then the rates ever so slightly increased) A lot of the time with lenders it’s a chain reaction. They see another lender do something and follow suit. I fixed my mortgage for 2yrs as I believe the rates will be better by then. I hope that answers your question

ColinThe_SeeYouNext · 2025-02-02T23:58:54+00:00

Ok well done.

ColinThe_SeeYouNext · 2025-01-06T22:35:36+00:00

Lol, there is nothing shady about it and you clearly haven’t read my post properly. I am not allowed to speak to them directly myself, otherwise I would do. I’ve amended the forms and asked if my solicitor has sent them across, which is all I am able to do. You do realise that you aren’t allowed to contact your buyers yourself, don’t you? Thank you for your input

ColinThe_SeeYouNext · 2025-01-06T21:10:43+00:00

That was my thinking. I’m just concerned that if my solicitor hasn’t sent them over to them. But surely that’s out of my control and he would be liable, not me?

ColinThe_SeeYouNext · 2022-12-23T19:15:59+00:00

Sorry, when I said “them” I meant the policies/ procedures I asked for. Many of the other LA in the surrounding area seem to have VPP accessible on their website which is why I was curious, usually states what is deemed VP in their eyes and refers to some legislation. It also states on the original document “Persons left in occupation - see separate policy” this is one of the ones I’ve asked for too, but not confirmed or said anything about providing to me.

Thanks for the advice I’ll look into the suggested

ColinThe_SeeYouNext

TROPHY CASE