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Self Cert/Abbey Mortgage - Advice Needed!
Hi, I have had a mortgage (£246K) with the Abbey since 2003(and am tied into until 2010) and never missed a payment etc. Last year I left PAYE employment and am now self employed - I am now looking to move house and borrow some more money but will also be putting in more money as a deposit - I intend to put down £196k as a…
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How does having many credit searches affect you?
I'd be concerned if having credit searches could affect you so much, as by their very nature they are carried out by every financial business on almost every dealing you have with them. Surely everyone would be failing in a very short time if they had so great an impact against you? Every time I open any new current…
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Potential FTB with a few questions.
Hi there, I am looking to invest in a property as the prices are down at the moment. I am totally new to mortgages. I'm 23 years old and have been working for the past 3 years. I have 1 credit card which I pay off in full each month and no debts & I think my credit score is Good as I've never had to pay interest on…
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Can anyone reccomend a good BTL Mortgage
Hi, First posting here. I have three BTL properties, all of which reach the end of their current mortgage in July/Aug. As the title says, can anyone reccomend a good BTL mortgage? The detail are: Property 1 - Value is £200-£220k and mortgage is £180k (Property in London / Mortgage with Birminghmam Midshires); Property 2 -…
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Birmingham Midshire. Selection criteria.
As well as the other thread that I have posted regarding our application with The Abbey I have been scrutinizing the BM website to assess how strict they are with their lending criteria. Does anyone have any experience of this particular company? x
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Abbey need more info. Speed is of the essence.
Hi, This is the first time I have used this and have joined purely for advice or comments from people who have had similar experience. Our mortgage advisor had an AIP for a mortgage that was pulled the day before our application went in. We are in a hurry to exchange by the end of the month due to us buying a repossession.…
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Stuck in a new build apartment - Equity issues
Hi don't know if anyone has any advice they might be able to offer. Here is the situation. 2 years ago we bought a new build apartment with a 10% deposit - 5 from us and 5 from the builder. The sales price was £177,000. Obviously, new builds and aparments in particular have suffered the worst and our apartment is now…
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Help - My ex has abandoned the house
I split up with my ex 6 months ago, and left the house as he agreed to pay the mortgage and then apply for transfer of equity to take me off it. I got a call from the mortgage company to say that last months mortgage has not been paid, and that they have no contact details for my ex whatsoever (I called his works mobile…
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Putting someone else on mortgage instead
hi basically i did another thread last week about letting my friend have the other half off the house so i could move in to a new home with my girlfriend but was thinking i could realistically afford to mortgage both homes could i put my mothers name on the mortgage at my current address and take my name off it so i can…
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Split with GF want to buy her out
My girlfriend and I split about 6 years ago and only now are we looking into me buying her out. We are still good friends so I suppose it is just a case of us both agreeing on an amount then going to the solicitor and getting her removed from the deeds ? Am I correct... is there anything else I need to consider or any…
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Helppp....endownment miss selling help
hi people ....ive come to a dead end ..can someone help me im claiming against norwich union for a substancial shortfall on a endownment policy they have responded saying i had warning letter and this is enought for them to give up my rights to complain... we did have letters from them about it wont hit the target amount…
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Should I Ditch my Northern Rock 5yr Fix?????
Hi there, :beer: this is my first post, and its quite a biggie, so heregoes I have tried to evaluate for myself whether switching to a tracker is best for me, however, I cant seem to come to a decision. :confused: SO - I thought, who better to ask than the MSE board. Im just wondering if you guys could point me in the…
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Advice!
Hi everyone, Hoping someone can help. I currently live in Luton, my bf lives in a village just outside of Luton but works in Milton Keynes. We are hoping to one day relocate to MK. We both live at home with the rents and are aiming to move out by the end of the year. We are saving a house deposit as we speak.. we were…
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saving rather than paying off mortgage
Hello everyone, We are in a interesting position and would like some advice. Background: We returned to the UK at Christmas after living abroad. I've managed to find work but I have a 6 month probation period so am unable to get a mortgage yet. Instead my parents in law lent us some money off their interest only tracker…
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Buying someone out of a mortgage
Me and a friend got a joint mortgage on a house about a year ago. I am now looking to get a house on my own and my friend would like to buy me out. Once we have agreed an amount where do we go? Would there be any potential problems with the mortgage company with him being responsible for the full amount of the loan rather…
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Why the bank didn't want to discuss mortgage contracts
Last week, after I returned from abroad, one of the first things I needed to do was to go to the bank and arrange a transfer of some money to my family account there. Since I'd arrived back on the Saturday, and a welcome Bank Holiday was imminent, I couldn't get to the bank until Tuesday. A transfer of funds from the UK to…
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Poor credit score - credit applications only
Hi all! I'd love some help on this if you can. My situation is this: 1. I had been going for an keyworker equity share loan to buy a house. At the time of applying for it I had to apply for the mortgage at the same time. I have since found out that funding has run out so I won't be using this scheme or the Nationwide…
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Alliance and Leicester SVR
Hi I was wondering if people knew what A&L are doing with their SVR - it is currently at 4.99%, whereas other banks have theirs lower. I can comfortably pay off my mortgage at this rate, however I'm not eligible for better rates or fixes at my 85% LTV. With the clamour to fix rates now with the possibility of rates going…
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Relationship Split - House Equity Dispute
Hi Guys, I'm presently in an unfortunate position where I’m splitting up with my partner whom I share a mortgage with. The mortgage is for a 200k house bought in August 2007, it is 50/50 split between us and it is a fixed, 100%, interest only. The mortgage is fixed until August 2010. The house has been valued three times…
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Mortgage/Title Deeds question
Hi, Can my name be put on the title deeds if the name on the mortgage is my husbands only? Thanks
