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ftb, advisor help appreciated!
Firstly, Hi! My first post so please bare with me! My girlfriend and I (both 21) have found a house we're interested in. It's £70k asking. We're 1st time buyers, she has stayed at her parents and has a clean credit history. I on the other hand have moved around a lot in the last few years and have one late payment on a…
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Moving House Bridging?
Hi, This is Scotland so Scotish System. We had an offer accepected on the house of our dreams at £188 3 weeks ago tommorow. We put 9 weeks as a moving in date on offer so 19th October. Put house on the market and within 8 days accpected an offer subject to survey off £124,999 (just below the stamp duty) subject to survey…
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Buy to let 2 b auctioned
Please help. Am desperate 4 guidance. have been adviced that my flat, which I rent out is due to be auctioned by receuvers on the 12th sept. Have just found out thatreceivers were involved on the 3rd. Have managed 2 get an agreement in principle 4 a remortgage, but that wouldn't complete till end of month at earliest.…
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Is it worth changing from endowment to repayment for the short term
My Husband has an endowment mortgage for £33k with 9 years 5 months left to run. Unfortunately he had to cash in the endowment a couple of years ago, so has no means of paying it off. It will cost £75 to change from the endowment to a repayment mortgage. He currently pays £250 a month to cover the interest payments. If we…
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Guarantor Mortgage Enquiry
Hello All. I have approx £25k equity in my HA flat. To move up the ladder I have been advised to enquire about a Guarantor Mortgage. I know what I can afford to pay back monthly. My folks are in their late sixties, mortgage paid for and are willing to act as Guarantors to enable me to borrow a bit more. They appreciate if…
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Remortgage - but to who??
HiI would like to remortgage my house - we have finished the 3 yr lock in period and the payments have gone up loads - from 350 to 520 pm!!!We would like one with no arrangement fee and a low rate - its for a 65000 mortgage over 30 yrs.But not a longer tie in than 2 years.Please can any one help or even tell me what type I…
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Mortgage for a flat in a block
Hi guys, Im due to remortgage my flat which i brought under the right to buy a few years ago. One thing that is concerning me is the ability to find a lender that will lend on my flat as: 1) It's ex council 2) It's on the fourth floor in a 10 floor block I know that i have equity and i would only be looking for a 70% LTV…
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Moneyback mortgages - ethical?
Hi I can't decide whether to use this website or to stick with the broker that did the legwork. I appreciate that if it was me I'd be !!!!ed off if I did the work and then someone used my advice elsewhere. However, I'm prepared to try and get them to offer me the same cash back as MBM. I notice from the key facts thing…
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Can they do this? £25 charge.
Hi, just wondered if the banks could do this. I have moved house and took out a new mortgage with my exisiting lender - I also took out their household insurance. I have since cancelled the insurance becasue - 1 - it was expensive 2 - I didn't like the insurerer they use. They have now charged me £25 for doing this - is…
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Mortgage Deed Qn - Occupiers Consent to Mortgage
I've got the form from the solictors (and nationwide) and its got a section for the borrower and this section that goes Occupiers Consent to Mortgage I/We _______________ will be in occupation of the property at the time the mortgage is made I/We agree with Nationwide that any right of occupation or share or interest in…
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Halifax mortgage £299 fee to increase borrrowing :(
With my 2 year fixed rate coming to an end I have been looking to change mortgage. I am resigned to the fact I must stick with Halifax because no one else will lend me even what I have now, never mind the extra that I want. That's because I'm self employed and everyone else wants to base it on my income 1.5 years ago,…
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when will my first mort. payment be?
completing on my first house tomorrow - when will they take my first mortgage payment?
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Self cert Remortgage
I have been mulling over getting a remortgage and decided to go for it. Problem is, I can't find a whole of market broker in Birmingham where I live! I tried moneysupermarket but they won't give me a quote. Is there as website? Does anybody know of how I could find one near to me? Also, do lenders take tax credits into…
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FTB with £30k deposit but also a default
Hiya I wondered if anyone could offer us any advice... Myself and my OH earn around £50k between us per year, and this time next year we're hoping to have £30k to put down on a house as a deposit. We're looking to borrow a max of £160k for our first mortgage. The only problem is, whilst my OH has an impeccable credit…
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Quick Question
I have today recieved a letter from my mortgage company saying that they hadn't recieved a payment (the first payment to be made) due to an administrative error on their part. They also say that they have previously sent me a letter (which I haven't recieved, but whatever) and as I didn't respond, they're going to charge…
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Mortgage Advise
Hi everyone, I was just wondering if there was a website or directory were it lists all the free whole of market mortgage advisors, I'm after some advice and wanted to have a chat with someone. Any help would be much appreciated, I'm situated in the North East of England.
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Dad wants to have a mortgage at 64
Can anyone help me My dad recently got divorced and is currently renting a flat, he has always had his own home until recently now he wants to buy a house, He is 64 and due to retire next with a small pension of 600 per month he has 80k to put down as a deposit on an purchase of 120k he is trying to get a mortgage for 15…
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help on offset
heya guys a sprinkle of your professional wisdom appreciated.:D scenario: 67k mortgage(repayment 25yr) tracker:rolleyes: 46k savings:o recommend an offset? :p
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Bit of help if you can..
Hi ! , O.k the situation is like this ... A friend of mine is about to have his house repossed and instead of the building society selling it for what they have outstanding on the loan i.e 80k , he wants me to buy it for 80k , then sell it for the true value - £140k and split the money with him. Does any know if this is ok…
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What is Barclays Bank Base Rate?
I've just completed on three tracker mortgages with Woolwich (one residential tracking at 0.18% over base, two buy to let at 0.49% over base). I got back from holiday to find that all three had completed while I was away and I saw a reference in the completion documents to them tracking above the Barclays Bank Base Rate…
