Ask the experts
At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages. As such, we created this section so that you can submit your questions to our experts. The answers are provided by a team of experts, led by our in house mortgage technical manager, Simon Collins, who has spent the last 10 years helping our consultants to place mortgage applications.
So please do submit your question and we will do all we can to answer it as quickly as possible. Regrettably, we are unable to answer every question due to the popularity of this section.
Please note, John Charcol cannot provide legal or tax advice. If your enquiry contains a legal or taxation query we will refer you to our in house legal team, Rollingsons Solicitors Limited. By submitting your enquiry to us you are confirming that you consent to our passing your contact details to them.
Please be aware that these answers can only be generic and no personal recommendations can be made.
I earn between £28,000 to £35,000 a year and have so far saved a deposit of around £30,000. My aim is to find a 1 bedroom property for myself (preferably under 150k). I have a clean credit history and while my parents have paid...
Which mortgage lenders allow unlimited overpayments?
Hi i was wondering if it was possible to downsize to a cheaper property and transfer the mortgage once we have paid off some credit cards and some of the mortgage debt ?
I have just found out that I am still on an interest only mortgage. I am on benefits and cannot afford a repayment mortgage, as my benefits have just been reduced, is there anything I can do? I still have 20yrs left on the...
I have an NRAM mortgage £86,543 mortgage and £4206 unsecured. When making over payments is it best to allocate to mortgage or unsecured loan? I am in neg equity and would like to know which option will help me. SVR is 4.78%....
I want to loan my daughter the money to pay off her mortgage, am I allowed to do this?
Mother selling her house to move in with us, can she give us £100,000 to pay off our mortgage?
I have a Mortgage of £150,000 over 15 years at a fixed rate of 5.98% for five years with the nationwide ,expires 31/12/2012. My current payments are £1259. per month and the redemption charges are £3,841.82. I am now in a...
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Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.