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First Time Buyer or Buy to Let?
I am a first time buyer and want to purchase a buy to let property while living at home a bit longer as it seems to be the only way I can get on the property ladder. However I don't have a deposit. My income should cover a 100% LTV (possibly graduate) mortgage. However I don't know if I'd be eligible if I rent the…
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How do you start...what order?
I would like to understand what order I need to do things to move from my current 2 bedroom flat to a 3 bedroom house in Scotland. I have only looked (via the internet) at houses but don't really know what to do next. I contacted L&C (recommended by MSE :money: ) and they told me a rough price range. They said we cannot go…
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to buy or not to buy??
I know that there is no one who visits this site with an ability to look into the future. But what do you think is the best option for me? My family and I are living in very low rent accomadation thanks to an Armed forces married quarter. With only 5 years left to serve I think it is about time I looked at buying a house…
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Can I get a BTL mortgage
I am 65 and have no proof of income at present. I have a 15% deposit. Can I get a BTL mortgage? What are the typical rates?
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Quick question on Bank Statements
Just out of interest would prospeactive mortgage lenders accept 3 months worth of statements that I just print from my online account at home or do they need to be originals direct from my bank etc? Terry
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Mortgage Advice needed
Please can you read and advise what is the best course of action? Joint annual income £95K House value £320K Mortgage £254K Secured loan £92K Unsecured debts £40K What care the chances of a remortgage? The secured loan means negative equity but the loan company have agreed to be the second charge. So mortgage company would…
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Moving House - Any advice Greatly Appreciated
We are a family of four (2 teenage daughters) and have really outgrown our present semi-detached house and want to move. However, we have lived here since we got married in 1985 so we are new to all this moving lark and everything is so different now than it was then so I would appreciate any advice anyone more…
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Homebuy Scheme
Hello there I've just started looking into the new homebuy scheme. We are currently renting @£800 a month so would like to look at the New Build Homebuy scheme, unfortunately at the moment I know nothing at all about mortgages or house buying or anything like that at all so I need some help. I have applied to Homebuy and…
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Mortgage amount too small - get around it?
Hi, House bought for extensive renovation just before house prices went bezerk in 2000 and thus I now have a very small mortgage of £22,000. Being a full time university layabout (erm...student:rotfl: )at the time I took a fixed rate mortgage. It's now expired and I need something new. For me the variable-rate seems…
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Mortgage Review Fee?
Hi, when my fixed rate expired I wanted to have anther one and as my current lender had already posted me the new deals I decided to switch to one of those. However I was required to pay £225 for an administration/transfer fee plus a £495 arrangement fee. The arrangement fee I can understand as the bank has to arrange for…
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Help Advice Needed
We are in a trust deed and still have a mortgage, a family member is going to help us buy ourselves out of trust deed in Aug, will we then be able to sell our house and get a new mortgage? We have no arrears, but am worried about credit rating. Any advice greatly rec'd
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BOS - will they let me change?
Bit of an odd one so looking for any other experiences / comments on this one. My 2 year fix is coming to and end. Thinking that the rates would rise I decided to secure a new fix with my exisiting lender - BOS - a while ago. I got 5.89% for 2 years - not a fantastic rate, but my partner has been on unpaid maternity leave,…
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Morgage Advice By Email/Online
Hi Everyone. Quick overview, I am a FTB looking to exercise a RTB application. The value of the property is £87500, the discount is £27000 making the discounted price £61500, however I would like £5k extra for home improvements. Total loan amount, £66500. I have been to see a local FA, who has offered the following: Abbey…
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First time buyer
Just wondered, i work fulltime on about 12500 a year, im 21yrs old and currently living with parents, however my mum plans to divorce my step dad so next year we(my mum and i) wish to move house. My mum is 60 so is hard to get a mortgage considering she works only part time. However is it possible for me to a get a…
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Bit of an odd one this....
please bear with me...... it has just come to light that i appear to have fallen into arrears with my mortgage ar some point in the last 6 years,no notification was given to me that i had done so until i received a letter from a "credit management dept"telling me they were handling the case and then in a later…
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Easy Lifestyle..anyone heard of them?
I'm doing a lot of remortgaging research online and have used Nationwide's website for a quote.Apparently some from Easy Lifestyle will give me a call back.. Can anyone please tell me more about them so I'm armed when they call.. Quote from Nationwides website enquiry: Based on your mortgage requirements we have selected…
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Coventry BS 5.85% deal...any better
I'm with Coventry BS at the moment and will need to remortgage at the end of June so looking out for the best deals. Coventry have offered 5.85% fixed for 2 years. Is this a good deal or has anyone come across any better? Thanks T.
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Redundant, should I pay off my mortgage?
I have recently found out I am being made redundant. I have a relatively small mortgage (about 30k left I think, I have been overpaying by a small amount since I took it out 7yrs ago). I am a single parent with one child. My company is paying me the rock bottom redundancy payment of around 4k. I have mortgage protection. I…
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Open question needs open answers
I am currently in the process of accepting a new job offer which will require relocation. As the position is only contracted for two years, I would like to keep my options open by holding onto our present property. My current thinking would be to remortgage our current house on a buy-to-let mortgage, this would also give…
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Claim back mortgage arrangement fees?
Does anyone know if it is possible to claim back fees for applying for a mortgage?
