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Is it possible "to add" someone on a mortgage?
My husband and I live in London and we were always renting because of schools (we have kids) and location (we like this area but property here is out of our reach). However now we are in our early 40-s and I feel that we have to buy a house or it will be too late to get a mortgage. Two years ago my husband was made…
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No credit history!
I have been saving like made for 12 months to get 10% deposit, but now my mortgage application has been turned down as I have no credit history. Advice I have been given..... get a credit card. This is absolutely stupid!!!!! I don't want a credit card - I am totally against them, Its just encouraging people to live on…
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Northern Rock being picky?
After my stress yesterday with them, (broker sending them wrong address and me being declined initially for not being on a voters roll at the wrong address) they have come back today to say they are still deciding as everything was fine apart from I had 2 missed credit card payments 4.5 years ago, now this is true, they…
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FTB what documentation is needed?
hi, we did a full applcation for a RBS mortgage a week ago, it was done through a mortgage advisor, who took our i.d, Utility bills, 3 months pay slips and a letter off each of our employers saying were in permanent employment, who passed (or will pass) all this onto the RBS when he submitted our application, my question…
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fixed rate 90% ltv
why are thesse mortgage rates getting higher, c and g just raised theres to 6.39 from 5.69 are the rates likely to come down anytime and what would need to happen for them to lower? want to buy a house at 90 ltv but done want 6.39 would be happy with 5.5 fixed
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How to play the game & what it's worth?
Hi, Some advice if possible please. I have £32k overpayments sitting on my mortgage, i'm on Nationwide's variable mortgage until this time next year at 2.08%. I have no ISA yet but to keep the maths easy let's leave this and assume i'll find the £7.5k down the sofa or something to ensure I don't lose this. My idea was to…
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remortgaging advice
Just wanting your opinion on what we are planning on doing.............. The fixed rate on our mortgage is about to end so we are looking at our options. Our house is a 2 bed semi with drive and good size garden. An identical house, 3 doors away, sold last month for £105,000 and the new owners have completely gutted it and…
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More Information Needed For Mortgage Application
We have a mortgage in principle offer but have now filled in the application form through a mortgage broker, we have already sent last 3mths wage slips bank statements id etc to the mortgage broker but now the bank is wanting more information eg last weeks payslip and Novembers bank statement is this the normal procedure…
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Consent to let
Hi I'm currently in the process of sorting out a second mortgage for a property with my girlfriend so I am looking to get consent to let from my current mortgage lender for a house I currently live in and own with a friend. On the form we need to include our tax reference number and NI numbers as well as the name of our…
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Aer/apr ??
My tracker is advertised as BOE +0.14 However when I use mortgage calculator the monthly payment shown is a few £s less than I am paying My payments equate to AER 1.54% not 1.14% Can anyone explain please:confused:
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Transferring a Mortgage
Dear All, Hopefully a quick enough question to answer. I have a base rate tracker on my existing property with my lender. I was told verbally 18 months ago that I could transfer this to a new property and increase the borrowing to the amount required under the existing interest rate. Unfortunately, the tracker product I…
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Tied into a fix for 2 more years, is it worth re-fixing?
I have a mortgage of £79,000 on a property that was bought for £180,000 in 2007. I am fixed for another 2 years at 5.84% with a 2% repayment fee now or 1% in december. With the recent cuts am i better off staying the 2 years or is there a deal where it would make financial sense to pay the penalty and refix for 5 or…
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What Is Going On At The Bank Of Scotland?
Right, Bank of Scotland (yes the other bit of HBOS that you can never find any info about) have decided not to reduct there SVR, it will remain at 4.84%. Some banks are down to as low as 3% !!!!!!! what are these guys doing? There balance sheet must be shot to pieces. I'm leaving them ASAP. First Direct tracker here we…
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Recommend me a friendly mortgage broker...
...as long as it's not against the rules. Have some quite different circumstances and would love an informal chat with a broker to see what might be possible. Cheers! Monty
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Renovation - High LTV
Hi - am fairly new to this so may have to bear with me. We have purchased a bungalow on fairly large plot of land for £195,000. We will be using £90k+ of savings to renovate and extend property. We need to borrow £180k to complete the property but will not need all at once. I presumed that we would be able to get a stage…
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Going on to SVR at the end of a 2 year fixed
Our fixed rate ends at the end of October and as this is a 100% mortgage we have no choice but to go onto paying the SVR. This is currently a good deal for us as the rate we pay now in 6.55 and the current SVR with our mortgage provider (Scottish Widows) is 3.99. Is there any indication how long rates are likely to stay…
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Can anyone help me understand this please..
Ok this morning we got our first annual statement for our mortgage. We took it out at £61k and this is what the following says: £60,997.78 All our payments below which amount to £4,930.80 Then it says interest charged to 31st dec 2008 £4,202.75 making it up to £65,200.53 - credits of our payments above= £60,269.73 So as i…
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Another FTB
Hi, I realise everyone is probably sick of naieve questions but I will hold my hand up and say I'm totally clueless about all this so please be gentle! :) My partner and I are looking to buy our first house. We've saved up over £40k between us by living with parents and are planning on using 25k-30k in deposit (maybe more…
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Taking a name of the deeds ??
Me and my boyfriend are looking to re-mortgage our house. I have got really bad credit and my boyfriend has got really good credit. However we are finding it really hard to get a joint mortgage, because of my rating. We have been advised that he should get the mortgage on his own, however when we tried it was rejected…
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Commercial Mortgage required
Can anyone help me find someone whose willing to lend money for a commercial mortgage... no one seems to want to help..:confused:
