-
PhD - Can I get a mortgage??
Hello, I am considering doing a PhD and wish to begin one within the next 18 months. However one thing which shall be a deciding factor is my ability to obtain a mortgage whilst doing my PhD. Does anybody know if there are any lenders who are prepared to lend to PhD students? My partner is working and earning an ok wage…
-
Mortgage offer on another property
Hi there, We are FTBs and our purchase has fallen through a few weeks ago. We received our offer of advance from Coventry BS on the 9th July for £154 800, property price £172 000. It is a 2yr fixed rate for 5.7%, and the offer is valid for 6 months until 9 December. We currently looking for another property, and if we…
-
BTL - mortgage or not?
We are buying another house to live in (cash, no mortgage). We are going to let our existing house. We will need some mortgage on our existing property to help fund a bit of work to prepare the house for letting and also to pay for some of the work we want to do on the new place. People I know say it is best to have some…
-
Buying a house...will we get a mortgage and how much
hi guys, complete housebuying novice here so please excuse my dullness lol a friend and myself have decided to get on the property ladder and buy a house together.....his dad is gonna give my friend £35,000 towards buying a house but his dad has his house for sale for £170,000 so we could effectively have that house for…
-
What can we afford?
Hi, We will be making about 80-90k poss 100k profit on our property, joint earnings of 40k, how much mortgate can we realistically get and afford to pay. I think our top budget is 140-150k whick would get us a house of 220-230k which isn't alot in essex. Also any suggestions for nice parts of essex?
-
how long does a mortgage offer last for?
ill be shopping round for a new mtg in a couple of months time and wondered if you're offered a mortgage, then the rates go up i assume you still get it for the rate offered to you? How long does the average mortgage offer last for and how long before my old one finishes should i start looking round? Thanks for your help
-
Buying a flat together-one has BAD Credit-what can we afford?
Hello Forgive my ignorance... My partner and I wish to buy a flat. My partner has a large deposit and steady income. However I am a discharged BR (BR in 2003 DC 2004). Is it possible for my partner to get a mortgage alone and for me to be put on the deeds (if these exist and are not a fragment of my imagination) but NOT on…
-
Valuation Fee, Can they still say no!!
I am in the process of remortgaging my property with future mortgages, we have gone through all the credit checks its with the underwriters at the moment and everything seems fine. They are now asking for a £260 valuation fee which is not a problem, but what is to stop them taking the money, valuing the house then…
-
When did the FSCS safety net cut in?
I have a SL endowment and have for some months been going through the FSCS safety net compensation scheme as the company who sold me the endowment went under. I know that many others have received compensation who were sold to by the same defunct company. However, I know that I am a really borderline case. My mortgage was…
-
Buy To Let Advice Please
I Currently owe £65k on a house worth approx £160K (mortgage in my name only) Am hoping to rent out my property at the end of next year,(but will be living in it til then) when I hope to buy another property with my OH. We want to borrow an extra £30 to use a a deposit for the next house and have been offered 6.14% fixed…
-
Mortgage Endowment Illustration Questions
I would like to ask a couple of technical questions to any IFAs or someone who really understands with-profit endowments. Below is part of the illustration of a 25 year endowment mortgage that I was shown in January 1993 regarding the future benefits of a Build-up plan. (a) a rate of return of 7.80% per annum is £ 45000…
-
Endowment
Hi, I have recently been offered compensation for my mis-sold endowment policy from 1991. Back in March i was offered several thousand pounds, which i accepted on the basis i showed paperwork to back up my claim, which i did.Then in May i was offered less than £500 because the firm believed we had stopped paying towards…
-
Advice on a mortgage
Purchased a house with my girlfriend in November last year. In March I broke up with her, she remained in the house and I moved back into my parents. I want to sell the property, she is saying that she has been advised by a solicitor that even if I took her to court to force a sale, I would lose the case. Surely this…
-
Shared ownership mortgage
We currently own a 50% share in a shared ownership property and are attempting to purchse the other 50%, however our current mortgage lender is saying that the combined income of myself and my partner is not enough, and therefore we need a guarantour in order to continue. Would you be able to advise us of alternative…
-
How hard will it be to get a mortgage?
Hi, I'm considering getting onto the property ladder as a first time buyer. Had some debt issues straight after uni a few years ago, most have been settled (although some show on my credit record as only partially satisfied) except one unsecured loan which is still being paid back monthly direct to the lender. Not got any…
-
Key worker mortgages
I have bought a house on a keyworker scheme, my current fixed rate mortgage ends soon. Alot of lenders do not recognise the scheme. Any advice on who may be able to offer me a decent rate??????
-
Repaying my mortgage quickly
I have a question for all the mortgage experts out there. I have a 120k mortgage and I have a budget of around £800 to pay off this mortgage. I need an approximate answer to this question bearing in mind that C&R mortgages are 'front-loaded' for the interest on the loan. Which of these two methods will pay the most off the…
-
fixed rate or tracker for 20k mortgage
i have 20k left to pay on my mortgage my rate has come to a end now so would i be better going for a fixed rate or tracker to or any other ideas to clear my mortage
-
refunds of fees when repaying mortgages
I have switched mortgages a few times, and even though in the long term it saves me money, the initial fees I have to pay to the old mortgage company puts me into debt. For example, the last fees I had to pay to the halifax were £499.00 arrangement fee and £345 valuation charge.Also, interest is charged on these fees from…
-
First Time Buyers - Vies on this site/company
Hello :p My fiance and I have outstanding loans of £14k which will be cleared in 2 years. We currently pay over £1000 a month in rent & loan payments. We dont have a bad credit history or CCJ's etc. We have been renting for the past 4 years and really need to get on the property ladder. We were going to wait until the…
