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Advice on what to do
My son & daughter in law’s fixed rate mortgage comes to an end 31/05/24. Currently with Barclays fixed at 2.14% for the last 5 yrs. Barclays have sent them the options to renew & some have £0 product fees while others range from £899-£1749. The options they are looking at all have zero fees. They’re thinking of possibly…
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Removing gf name from deeds
gf currently owns a property with her brother. They cohabit together. She wants to move out with me and get her name of the deeds. She wants nothing to do with the property and is willing to give it solely to her brother. The house has a 115k mortgage. The mortgage company is not allowing the brother to take over as sole…
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Divorce and removing name
Hi all, apologies if this is a repeat but basically I split up from my wife 14 years ago, we divorced and created an agreement (court order) where I agreed to let her stay in the house (for the kids) and have no claim on the equity as long as I kept my name on the mortgage as she couldn’t get one for this house on her own.…
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Compensation from broker
I would have been successful at auction (I now know in hindsight). My bids ended up being so last minute: I told the broker in November that the rental income was £850 not £795. In actual fact it ended up at £925 at the time of auction. It seems they never countered this in. If they did, there was time to apply for a…
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How soon can I borrow more with Nationwide?
I have recently taken further borrowing for a bit of debt consolidation however now thinking we may want to upgrade our kitchen. How long do we have to wait before we can reapply?
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Anyone applied for a HSBC Mortgage recently
We submitted a full mortgage app with them on the evening of 21st Feb - so just over 3 wks ago, after receiving DIP, all via a broker, we have a Ltd company so was always going to go to underwriters despite good LTV etc. 1 week in Broker said all good and to expect certificate/loan papers in next 3 days. Then all of a…
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Excel spreadsheet
I cannot download Locoblades spreadsheet. Where can I get a spreadsheet or even how best to make one myself? Cheers
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Bad credit
Hello, I am in the process of buying a new house. I want my future wife to be on the mortgage or deeds but she has bad credit and no bank will accept her even though I can well afford the repayments myself and she has £100,000 in her bank which she can contribute. They won't accept a certificate of trust either. How can I…
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Pepper money mortgage
HELP!!!! We took out a pepper money mortgage 2 years fixed rate but it ran out last year just as the mortgage hike hit , we are now in debt as we couldn’t afford the extra £500 each month, we buried our heads I admit up to Christmas & I am now trying to sort it , I paid an extra £150 Jan & plucked up the courage to speak…
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Document requests - Bluestone
Have an AIP with Bluestone Mortgages - just wondering what documents they normally request if submitting a full application?
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Financial redress
:Hi. In 2000 I got divorced and as part of the proceedings, my name was removed from a joint mortgage and transferred solely to my ex wife's name. On the transfer document from the mortgage provider, there was a special condition that I would not be released from my covenant with the provider. I understood this as if my ex…
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Santander Mortgage Application Help
Hi Looking for some clarity with the stages of our Santander mortgage application as it has seems to followed a different course to other experiences read on here recently Timeline: Feb 21 Our Application was submitted with all initial requested documents. Feb 23 Valuation Instructed Feb 28 Valuation Completed Feb 29…
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Mortgage Application Timing
Hi all, my partner and I will be needing to get a build mortgage for building a property, which we hope will start in the next few months but given the council's slowness, we don't actually know when It will be our only property and mortgage. We have planning permission but don't know how long it will take for council to…
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Mortgage Retention Scotland
Hi all, Just looking for some advice on how mortgage retention works. We have seen a property which is currently valued on home report as £165k and is on market for offers over £165k. We have received the home report which values the property at £165k but will be valued at 177k on completion of essential repairs (Damp…
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Final Mortgage Payment £6k above normal amount? Any Idea why?
So I'm looking to remortgage and the illustration shows the fixed rate price, followed by the price based on the lenders current SVR and then one final payment at the SVR rate but it's like £6k more than the normal SVR payment.....anyone have any idea why? I know sometimes there's like a closing the account fee etc but £6k…
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Kensington Mortgage application timescale
Hi- I hope this is the right place to post. We are waiting (almost 3 weeks) to hear from Kensington about our application. We were expecting lots of extra paperwork requests from what I have read on here. Anyone been through this that can maybe reassure me please? How do I know when they have done a valuation? The credit…
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Anybody waiting on an Aldermore mortgage offer?
Hi All I know there are a few posts regarding this matter around the forum but i wanted to make an up to date one.
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Buying Parent's home
Hi all, I'm 51 and for health reasons have missed the boat on home ownership. I receive disabilty benefits, a war pension and army pension, and have found a broker who will help me get a mortgage. Here is my question: My parents have the house they have moved out of, up for sale at 185k. They have an offer of 175k but have…
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Retired and downsizing. Mortgage to cover period between purchase and sale?
Just bouncing some ideas around. My wife and I (62, 57) are retired and mortgage free. Our current property has been on the market for a few months - selling is proving to be slow but I'm confident will eventually happen. We've found somewhere we want to buy but it is a competitive situation. To secure the property we need…
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Short term employment contract and getting a mortgage?
My son and his partner are looking to get their first mortgage at some point in the next year. He is on a permanent contract but the girlfriend's current contract is for 9 months (ends in Sept) and then it's likely she will get another temporary contract for around 9-12 months. How will this affect what mortgages they can…