Mortgage and dp

[magichog]

Aibu to think that if we took out a mortgage together he should be updating me when it goes up in price and he is speaking with the lender? Instead I've got a letter through the post saying it's gone up by over £100 a month panicked and told him to which he said oh no I've spoken to x and he is ringing me Monday or Tuesday to see if we can get it lower? I had no idea, the last I heard about it was form dp that it had gone up by £10! Aibu or is he? Fwiw I'm a sahm we took out the mortgage when I was working! And could only get a higher mortgage because of my wage xx

I think he should inform you. Just ask him to next time tell you what's going on and ask him the outcome of the phone call on Monday or Tuesday.

My mortgage provider writes to both me and DH - so will yours - you have the letter - you also have the ability to ring and make queries. if you are getting a letter, why should DP tell you about the contents of a letter addressed to you?

Are you in the UK - usually these threads go on in points of English law until the op mentions she actually lives in Uzbekistan or some where out of jurisdiction.

Why are your rates going up? BofE base rate has been stable for years, the last 1/4% rise was August 2018 takin it to .75% this will be in the letter

TBH £100 is a massive jump in repayments. Is your term fixed? variable? has the preferential rate come to an end? this will be in the letter .

Don't be passive, take some financial responsibility

You took out the mortgage together. You have as much detail as he has. Surely you would know equally as well as dh when a fixed term was coming to and end (if that's what this is). They sent you a letter, just like they would have sent him a letter. So you both know at the same time.

You can speak to the provider just the same as he can if you're not sure why it's gone up. Just sounds like he read his letter before you did. There is no panic needed. Just find out the facts, you would have had paperwork before explaining how it works. Dig it out and have a look.

Well, it depends really.

If it’s gone up because a fixed term is ending then it’s just automatic, nothing to do with your DP.

If he ‘deals’ with that stuff then I’d expect to be told he was talking to the adviser but I wouldn’t expect a play by play.

FWIW I do money and my husband has zero clue. If you asked him how much it is or who it’s with or when we need to remortgage etc he’d have no idea.

So I do it: the broker contacts me and then when I have options I talk to him.

I think it’s more about transparency. I have full spreadsheets etc with all our finances and anytime he wants to see he can - he just doesn’t care.