r/Mortgageadviceuk

Hiya me again,

Since yesterday we’ve discovered we have an ERC to pay.
Our mortgage is with Barclays.
Our mortgage is up fixed term on December the 29th.
Our mortgage offer for our new house expires 19th Nov even with an extension it’s 19th December.

Has anyone had their erc lowered or waived? I don’t know what to do I’m so stressed. We never knew about this as I was told no fees but there’s been a mistake somewhere.
I’ve been told our fees our 2% erc as I had contact from my mortgage advisor last night.

I am beyond stressed.

Also any email addresses I can contact Barclays I only ever find phone numbers 😭

Hiya me again,

Since yesterday we’ve discovered we have an ERC to pay.
Our mortgage is with Barclays.
Our mortgage is up fixed term on December the 29th.
Our mortgage offer for our new house expires 19th Nov even with an extension it’s 19th December.

Has anyone had their erc lowered or waived? I don’t know what to do I’m so stressed. We never knew about this as I was told no fees but there’s been a mistake somewhere.
I’ve been told our fees our 2% erc as I had contact from my mortgage advisor last night.

I am beyond stressed.

Also any email addresses I can contact Barclays I only ever find phone numbers 😭

Hi everyone,

I fractured my spine 5 weeks ago. After our house being on the market about 4 months, we finally got an offer about 4 weeks ago and accepted. We have been looking for a house ourselves following that and found one on Friday, our offer was accepted and we provided the proof of funds and it's now sold STC.

Here's where it's now turning a bit anxiety-inducing:

- I am currently on SSP and annoyingly that didn't show on my payslip until September ended. So now my latest payslip is SSP.

- My spinal consultant told me that I can start a phased return to work in two weeks and then 'see how I feel' in regard to how quickly I can get back to full time. I have another x-ray in two weeks to see how it's healing. I intend to return to work full time in the next 4 weeks and do lighter tasks (annoyingly I'm a gardener so I can't just return now)

- I'm going to meet with my manager tomorrow and discuss this and put a return plan together. Will a lender accept a letter from my employer outlining that I am still employed, my return schedule, my monthly pay etc?

This has all just come at the very worst time... And to make matters worse our own estate agent has just sent us a text today asking if we've got our mortgage application sorted (it's been 48 hours and a weekend since we had our offer accepted) and threatened to tell our buyers that there could be issues with the mortgage as it's 'not morally right'. I was pretty shocked to be honest and it's thrown me into total anxiety as I'm not actually sure there will be an issue with the mortgage yet. Also bearing in mind we do have the option with one lender to just accept my partner's income alone instead.

What would you advise in this situation?

Thanks so much.

*edit - just to add I've been completely transparent with our estate agent and my timeline of recovery and return to work and keeping her updated fully. So I'm not sure why she's suddenly freaking out and throwing accusations around*