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Hoping to be approved for a mortgage...
Hi I usually hang out on the Debt Free board but will hopefully reach my DFD in July - 18 months early! :T So, the next question is, how likely is it that myself and my OH will be approved for a mortgage? I say OH, we're engaged not married and hope to buy a house before getting married or having children. Some background.…
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I Have £34,000 Unsecured Debt
Would any mainstream lender allow me to remortgage to pay off the debt,i have a mortgage of 60,000 house is worth 145,000,thanks in adavance.
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Cost of independent homebuyers survey?
Help! My broker has now said that the product we have chosen (3yr fix at 4.34% from Abbey with free val. survey) cannot be 'upgraded' to a hb survey by paying a top up fee. If we want a homebuyers we need to choose a diff product ( not appealing!) or , I guess, get our own surveyor in! Can anyone share what they have paid…
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Northern Rock
I have heard that NR are going to offer mortgages to new customers. Does anyone think they will offer new deals such as fixed rates to existing customers? I have a NR mortgage but I am now in negative equity plus self employed so no chance of moving or remortgaging. I heard someone on Money 5 live programme saying that NR…
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Land Mortgage?
My partner and I are in the process of selling our house (ha ha, but had second viewing). We are selling to release the equity, to pay off HUGE debt that was built up following my divorce. If we do sell, we are likely to have about £40,000 left once we clear the debts. The problem is, we have quite a good amount of money…
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Recommend me a mortgage
Hi all I was wondering if i could get some advice on a mortgage or 2, at the moment im with alliance and leicester and paying 4.59% fixed for 2 years this is currently coming to an end in the next 3 months. the mortgage i need is £76,000 ideally fixed rate but with interest rates so low anything seems to go. im 51, earn…
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Yorkshire Building Society - New Build ??
Hi all, Just wondering whether anyone knows if Yorkshire BS offer mortgages on New Builds with an LTV of 90% ?? Going to make an appointment to see their advisor but rather than waste their time thought I should get if they even lend on new builds seeing as many other lenders are pulling out :confused: Thank you
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Offset and Buy to Let Dilemma...
I have a Buy to let mortgage on a property that a family member lives in rent free. He will hopefully live there for many more years and I have bought the property as a long term investment. (Property value 150k, mortgage 25k I also have savings that could be used to pay off the small mortgage of approx 25k. However, being…
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Why is my mortgage incredibly slow?
Has anyone else found their mortgage application incredibly slow? Its driving me crazy. It never used to be like this. It came back refer, but this turned out to be because someone had mis-keyed in my husbands date of birth. Its been a week now :confused: I cant remember it taking this long in the past to say they will…
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Mortgage interest refund for small businesses
I believe that it is possible to claim back a percentage of your mortgage interest if you run a small business from home. Is this correct and how do we go about it? Sue
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Can anybody offer me some mortgage advice please?
Hi After a very lengthy divorce battle my friend now has to take a mortgage out on her home to pay off the joint mortgage and extra to pay her ex off too. She is financially unaware to say the least and I currently help with her finances. This means that effectively I will be guiding her through the whole mortgage thing.…
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Lump sums and mortgages
Hi Folks, I am after advice about my mortgage. It is with the Woolwich ,a lifetime tracker ,currently at 1.79% (1.50% + 0.29%) The balance is £66.600 and it has 13 years to go. Due to a predicted endowment shortfall I have £16,000 repayment and the rest interest only. I have a lump sum of £38,000 (payment from a endowment…
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Mortgage Help
I would like some advice from someone in the know.We currently have a mortgage with Mortgage Express and as you know they are shrinking their mortage book, we are in a deal for a couple more years and then they have said they won't renew.What will happen after this? We can't get another deal elsewhere at the moment because…
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Endowment Shortfall advice "Please"
My £13,000 Endowment Mortgage ends in December 2014. I claimed compensation when I became aware of the shortfall but in all honesty it was such a small amount. My monthly premium is £40.80. The projected shortfalls are (as of December 2008): Low rate of 4% each year Projected final amount - £8,490 Projected Shortfall…
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Mortgage for GP locum - proving difficult!
We're looking to do a re-mortgage so we can do a self build but it's proving to be a bit of a problem as my wife is a locum GP and so a lot of lenders class her as self employed and don't really want to touch us since she's only been doing that since August. Before that she was working in a GP practise for a year and in…
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Mortgage for a student!
Hi everyone, I need your advice! I hope this is the right category to post it in. Basically, I am currently in my first year at university, and am looking to buy a flat (if it works out to be cost effective) to live in for the rest of my time at uni (probably 3, possibly 4 years). It is probably relevant to say I am…
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Am I able to obtain a mortgage?
Good afternoon all, I would like some general advice and guidance prior to a possible visit to the bank manager and was hoping you all could help me out. I have thoroughly read and crasped Martin's mortgage guide and am now considering taking the plunge and looking into purchasing a property. My income is £18,000 prior to…
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Pru endowment advice
Hi, new to this so any advice appreciated. I am having to cash in a PRU endowment now and i had it valued last oct at £19500. I also had it valued last week and its now worth only £17800 a huge fall. Its a 25 year endowmenent and is maturing on 1st july this year with the yearly bonus due on ist april this year and the…
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Nationwide tracker coming to an end - Options
Hey folks. I have a £135k tracker against a House bought in July 2007 (valued at £190k) coming to an end in Sept and would like to pick the brains of you knowledgeable folk. (I do intend to see a broker but want to get a feel first). Q1. In terms of % LTV is this taken against original purchase price or will they re-value…
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Northern Rock SRV
On an interest only together mortgage. House value approx £78. Mort £70 and unsecured loan £6K. Int only and pay £500 which is an overpayment of £180 as per current SRV. Is this the best course of action? Ideally I'd like a repayment so the capital comes down? Also the OverPayment is being dedcuted from unsecured part - is…
