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self employed
I'm getting frustrated with mortgage companies wanting to base my income on my last 3 years accounts (often after expenses). I'm a free lance worker and have put up my rates many times and now work more days, so my "salary" now is considerable more (actually more than double) this figure. Also, a normal salary does not…
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"rent a room scheme" and mortgage
If I want to declare earnings from renting a room in the home I live, in order to borrow more, will this stop my getting a normal mortgage and force me to pay "buy to let" rates?
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Mortgage-Payment protection? to have or not to have, and how much is too much?
Hi All! we are FTB and our mortgage is still going through, we have had a quote from 'Payment shield' after they were passed our details from our brokers London and Country. They have quoted us £52.00 per month for cover of a monthly repayment of £985 + £246 (£1231 per month total).i.e. if we were made disabled or…
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Self cert mortgage and electoral roll problem
My husband is self employed and has had problems obtaining a mortgage. FINALLY one has been found for us, but the company want him to write a letter stating why he wasnt on the electoral roll. He wasnt on because he doesnt believe in politics and unfortunately didnt know it would have an adverse effect on obtaining a…
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Can Anybody help me?
Hi Guys & Gals Can anybody tell me roughly how much mortgage (repayment) you can get for £750 per month? Many thx.
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first time buyer with poor credit in the past
first i'd like o give you a bit of history about my debts so you can get a clearer picture when you offer me advice. I have a ccj from 2004 which i am currently paying off and one default from roughly the same time(this is from checking with experian). I have another ccj from last month, but this will be removed from my…
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Mortgage after IVA
HI all, How long after completing an IVA would I have to wait to get a Mortgage. I will have £12000 for a deposit, I earn £40000 before TAX, with no loans or credit cards. I am a key worker...what are my options Thanks
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First time remortgage, need some advise...
Hi folks, Im looking to see what other poeple would advise in my position.. Couple of details up front Joint salary £47k pa, outstanding owed £128500,no outstanding loans,no overdrafts,no car finance, no bad history. Im currently at the end of my first 2 year fixed term mortgage. I decided to take Interest only with the…
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Lending 125K on 27k wage
Hi all.For my sins I'm a police offcier and earn 27k a year before O.T (usually 3.5K per year). I currently have a mortage of 93.5K and I'm looking at lending a total of 125k in order to purchase a larger house (family on route!). I've been with my current lender for 3/4 months (Scottish TSB..it is different I'm told). I…
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credit ref agencys
hi,compliments for this site, really good, does anyonw know or is there a list of what mortage company uses what agency for credit cheacking. i see that on the loan page that there is a list but not one for mortages. many thanks ste
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few questions
In a little bit of a pickle at the moment and was wondering if someone could share some advise with me. My dad and I have a joint mortgage (153k) on the property - would it be possible to split the mortgage 50 / 50 - ie 76500 dad 76500 me. ********************************************************* Dad is soon to have…
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Mis-Sold Endowment?! - I need advice please
:confused: Help! Back in 1991 I was sold an Endowment Mortgage. From my understanding it is not with profits. The financial advisor was a friend of the family working for a local firm of brokers. He stated that the Endowment would be enough to pay off my mortgage amount and leave me with some spare cash at the end. At the…
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Re morgage
Sorted new deal and have come up against a problem....there is a restriction on the land registery of my property. It goes back 20 years and I thought I had removed it when divorced, 10 years ago...(ex got nothing at the time and havn't seen him since)...but apparently only removed a caution..I have remorgaged twice since…
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capital payment - reduce payment or term?
Hi I have a fixed rate mortgage with ING at 4.95%. I'm not allowed to overpay on it, which I ordinarily do with a mortgage, but I can make capital payments of over £1000, so I save up the money I'd overpay until I have that and whack it in as a capital payment. Now, when I do this I have the option of using the capital…
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Claiming Mortgage Exit Fees
I'm starting to claim for my past mortgage exit fees. I think I have 5 in the past 6 years for 2 properties. I don't think I have the paperwork for some of these. Does anyone know if I can get that information from the mortgage provider? Also 2 of these have been from woolwich. Should I write to them for a redemption…
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Mortgage Fee
Hi I have just rang Northern Rock to add my partner onto the mortgage and they want to charge me 2 fees, one of £90 to cover the solicitors costs in getting the deeds changed and the other of £175 to cover their admin costs (they won't give me a brakedown of what the 2nd charge covers until the process is complete). Does…
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morgage question
are there any sites out there that will give me a quote based on earnings with out filling out lenghy aplications forms, i earn roughly 45k and my partner 15k and we want to borrow 180k on a first time morgage and wondering what our payments will be and weather we will be able ot afford it, just a rough guide would be…
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Cemap1!help Plz
hi there, i am taking my cemap1 exam next month 3rd september. can you please send me any questions of cemep1? any body give me the idea can i pass it? how questions come in exam . I do from cdt as well . I can make score nearly %85. [EMAIL="arslanhabib2000@hotmail.com"]arslanhabib2000@hotmail.com[/EMAIL] i will be very…
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First Time Morgage Advise
Right i am planning on getting on the property ladder within next few months, i have a job which pays approx £400-500 a week depending on overtime plus i get bonuses. I have approx £14k for a deposit i am hoping to go on my own and seen afew properties around 100-110k. What would be best way to do this? Hoping to do…
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unsercured loan as deposit?
Hi, We are looking to purchase our first property but do not have a deposit. I have been looking at mortgage rates and they are much better if we could put down a 5% deposit. It it a good idea to get an unsecured loan for this amount rather than a 100% mortgage? I have looked at what we could get on Moneyback Mortgages and…
