-
First time buyer
I would like some advice if possible, i have just split with my partner and i am thinking of putting our house up for sale which is on a joint mortgage my question is when i apply for a mortgage on my own would i be classed as a first time buyer :confused: ??
-
Mortgage Arrangment fee's
I applied for a further advance with my current mortgage lender Mortgage Express in August 2008. They declined the loan but upon receipt of my mortgage statement i have discovered that they charged me £199 just for considering it!- This seems really unfair - is it legal does anyone know?? Thanks
-
remortgage advice
Hi, I am thinking of remortgaing and need some advice on how this scenario works. My LTV is high (so my present lender, alliance and leicester tells me using halifax price index) If I apply to another lender and they offer a free valuation what if the mortgage application is then declined? My concern would be that there…
-
Mortgage discount ending
(deleted by me)
-
Northern Rock Consent to Let
I just want to clarify with those people who have asked NR for a consent to let and where they have been told that they need.to put some money towards the mortgage. Do thjey want sufficient to bring the loan to within 75% of the valuation. If so do they want an up to date valuation or do they just accept the valuation they…
-
First time buyer
Hi All, This is my first mail to the forums and I am first time buyer so please excuse me if I don't use proper terminology while explaining my issue. After 2+ years of saving and 3 months of search, I opted to buy a new build house providing the fact that New house has better floorplan and its neat and tidy. While…
-
Declined for Mortgage
Hi, in a nutshell myself and the wife have now been declined twice for a mortgage (once by HSBC and once by C&G) based on credit scores. Both our credit scores are fine (991-995 out of 999 on Experian), we have no missed payment, ccj’s or defaults. The only issue would seem to be that we are not on the electoral roll…
-
Flexible or Australian style mortgage
Morning everybody, Last night a chap visited us to discuss the so called flexible / australian type mortgage. We have a clear credit history and have not defaulted on our previous mortgage which was a 5 year fixed term. He showed us how the mortgage works and it all seems to be in order, as we've got a substantial amount…
-
Joint mortgage= joint ownership?
is it true that joint mortgage automatically means joint ownership of the house?
-
25 year mortgage at age 55
Hi! Background I have a 3 year fixed mortgage with Nationwide (expires June 2011) at a rate of 5.75%. I have a 25 year mortgage at age 55 which I have arranged to keep the repayments as low as possible until I pay it off at 65 with a pension lump sum. Question Are there any mortgages on offer which would permit a 20-25…
-
FTB to end of fixed term to remortgaging with the Woolwich
Hi, I'm a first time buyer and agreed a fee today. I have a 15% deposit have come up with this theory, although would appreciate some advice: I've seen a 2 year fixed rate mortgage with Woolwich. This is not the best rate on the market (5.79% and £1490 fee) although at the end of the 2 year fixed period it changes to 1.49%…
-
Separation Entitlement, pls help !
I brought my home in Jan 2004 as a single person and put down a 35k deposit myself. I then entered a relationship and when my mortgage deal expired in Jan 2006 I added my partner to the mortgage remortgaged and borrowed another 20k, however 10mths into this relationship we split and he left the home stating that he would…
-
What can I do?
I wonder if anyone can offer any advice on my situation. I bought a cottage in 2006 (value 180,000 with a mortgage of 120,000) and it was done up whilst I continued to live in rented place. Cottage is now nice and pretty and completely renovated. But, my sister now lives in the cottage and I continue to rent. (Don't go…
-
Best 5 year fixed deal around with 60% LTV
What deals have people noticed when searching for fixed rate deals for 5 years? I have 60% LTV Thanks
-
How long will it now take to complete?
My purchase of a new build is almost complete, I got my mortgage offer last Friday. My solicitor is at work and we were going to exchange Monday just gone but it has now been decided we will both exchange and complete on Friday. Apparently they requested the funds from the lender (Halifax) yesterday and were 'chasing this'…
-
mortgage jitters
my partner and I have just been through a telephone appointment with hsbc who i bank with, they have rejected our mortgage because of me but have said that because i bank with them they get to see more into my bank account than another lender would. I have my experian report and although i have some late payments (in…
-
Strange question!
Is there anyway to factor in how inflation effects your mortgage? Ie to estimate what sort of property you will be able to afford in the future. At present we pay £600 per month on an 80K mortgage, although this summer we intend to up the overpayments to nearer 1K per month. This means while the rate stays low we will be…
-
my 2 year fixed is about to end , i need advise please
hello , ive got a 5.45% 2 year fixed mortgage for £56100 that is owed on our house its coming to an end on the 30th of june we have had an intrest only for the last 10 years and at the moment im paying £255 a month and £80 a month for a endownment. im wanting to start a repayment mortgage on a £56100 on a fixed rate either…
-
"All these people with fixed rates"
Last year my mum was banging on about "all these people with their fixed rate terms ending"... saying how they low rate term was up and they could no longer afford to pay their mortgage. I never quite understood what she meant. Once the fixed rate is over what did they then pay? Or does she mean they borrowed more than…
-
Japanese Ex-Pat Mortgages
Hi, A mate of mine wants to build on some land he bought in Japan. Does anyone here know if there are any banks in the UK (including non-UK banks such as HSBC) that offer mortgages to ex-pats to do this, and if so what kind of rates he's likely to get? Thanks,
