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Credit Check - Help
I have applied for a mortgage the other day and initially thought there would be no problem as I have a good credit rating. However, I have phoned the council and I am not currently registered on the electoral role at my address. Whats worse, they say that if I submit a form it will not be processed until nov due to the…
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House owner, Unemployed & wish to claim rent
I'm an IT professional and unemployed. I do not get any benifits at all (except council tax rebates) (NHI ran out) and no income support. I am aware that if I rented my house I could claim all of this back. Is there Mortgage/financial provider that will "accomodate" me, ie "buy" my house and rent it back to me and then…
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Advise please I have to rent out my flat but have a normal mortgage!
I'm looking for some advise please!! I bought a 2 years ago for £135k on a 95% mortgage with Halifax which was fixed until last month and is now on SVR of 7% an increase of £150/month. I have now changed jobs and am moving into rented accommodation 2hrs north. I therefore have to rent the property out because if i sell it…
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Am I being offered a good deal on a remortgage?
I have a five year fixed rate deal (4.69%) on a repayment mortgage with Abbey which comes to an end in December this year. I believe my house is now worth about £150,000 and my outstanding mortgage is approx £63,000. I have never missed a mortgage payment and have no CCJs etc though I do have a number of credit cards and a…
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Advice On CCJ's Please
Hi Martin, I wonder if you or one of your team could give my wife and I a firm and solid answer to a simple question. At the moment we are looking to remortgage our home to get a better deal, we are currently on an "interest only" mortgage and wish to take up a repayment one. One problem, my wife has a CCJ, which was…
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When's latest I can pull out of remortgage?
A couple of months ago I reserved a 5 yr fix with Halifax at 6.19% and received the mortgage offer, had a valuation, completed the questionaire from their appointed solicitors and signed and returned the mortgage deed. The remortgage is not due to complete until early November. My question is, now there are some better fix…
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My ex is trapped on my mortgage
Hi, This is my first post and a bit complicated but I do need some outside perspective and advice from others who might have some fresh ideas on this situation. My husband left 5 and a half years ago. We have 3 children ranging from 8 to 18 and I am 38 years old. When my youngest went back to school 3 years ago I converted…
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Remortgage in process...lender dropped rates
Quick question. A month or 2 ago we put the wheels in motion for a Nationwide remortgage, 5 years fixed at 6.18% with a £599 fee. Nationwide have now dropped their rates and with the same fee it's 5.78%. What are the chances of getting them to let us change to the new rate? Thrifty x
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First Direct rates dropped
First Direct have dropped their 2 year offset rates: 4.99% with arrangement fee of £1499 and booking fee of £499 5.49% with arrangement fee of £299 and booking fee of £299 No changes to 3 and 5 year fixes but last time they dropped the 2 year rate the others followed quite soon after. Hopefully they'll reintroduce a…
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Best deals on lower LTV
I keep reading in the press that more and more lenders are offering better dealer for those with lower LTV values. I'm yet to find any of these deal though, as searching using the MSE sites doesn't allow for that criteria. My LTV is 55-60% and I need to remortgage in the next 2 months. The only deals i've found that…
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Inheritance- Problems with existing mortgage
Hello, My mother passed away last november, and I have had the usual period of time of sorting out debts. Everything is paid except an existing mortgage of £79,000 (the house is worth £275,000. The house has been on the market, but everyone knows how tough it is to sell. I am not living in the house as I am a student, so I…
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Confused by mortgage protection
:confused: I am a single mum of 2, have a job and have a mortgage of 102k. I have just re mortgaged my house but have no protection against critical illness or redundancy etc. My monthly income is approx £1700, my mortgage - once the new payments kick in - will be £501. My mortgage is for 25 yrs, my children are 12 and 7.…
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HSBC Tracker deal- Valuation Question
Had a query. Hope someone can help me with this I'm in the process of securing a mortgage deal with HSBC. the surveyor is going to value the property on Monday. My question is 1.Will the surveyor know how much HSBC is lending me and how much mortgage I'm taking. I know he will know the asking price of the property, but…
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Halifax - Help please!
Hi I am new here but have been reading threads for a while. From reading on here I understand you can get new deals from existing lenders up to 3 months before your current deal is due to end. Our deal ends in Dec 08 and I have been looking on Halifax's website each month to see what is happening with rates etc. I've just…
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Advice needed - adverse credit history mortgage
I have around 10 defaults in my credit file (In 2004 I had £29,000 in unsecured debt), all satisfied with all but one being from 2005 or before (one of them was in 2007 for £10 - a silly, much regretted misunderstanding). I currently owe around £2,000 and am paying it off at £120 a month (this debt was not one of those…
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Do we need a sub-prime mortgage?
Urgent query - please help! We are currently trying to buy a property costing £250k. We have £40k savings. However we would prefer to use only £30k as a deposit and keep the remaining 10k to pay off a car loan, a £900 catalogue account and to pay for the costs/stamp duty. Our joint annual income is £55,500. Our other…
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Mortgage security with 1 month gap in house-owning?
Hi all, I'm currently in the incredibly stressful process of selling and buying a house. We have a clean-offer (Scotland, fixed price, they've had survey already) on our house with a move in date of mid October, not flexible on the move-in date. We've had a verbal offer accepted on the house we want to buy with a move-in…
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How long are Mortgage Vals
Taking to be booked on average at the moment?:confused:
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Advise on remorgage needed
Hi Help needed please. Our current fixed morgage deal ends in about 12 months time and i am wondering if I have any options when it is time to re morgage. We transported our deal about 18 months ago to a new property, situation is that the house was bought for £128k with a £126k morgage (100%) with house price dropping on…
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FTB & HSBC Mortgage
Hi all, just a few questions to see if anyone else has been through what we're about to go through! We've found a house we really like after over a year of searching and 2 failed bids on other houses. Which in hindsight i'm glad fell through as we're now looking at gaining extra bedroom, large garden and numerous other…
