-
House Viewing tomorrow! :oD
:j Am going to view the house i was talking about tomorrow, on the market for just shy of 80k. It last sold in 2004 for 82,500 as I have checked online. Have done sums and had discussions with parentals, and we think it's at least worth a look. Have also been looking online at Natwest morgage offers for FTB. [90% LTV,…
-
Credit Scoring for mortgage
Hi I have a mortgage at the moment of 192k on a property that I am selling for 265k and am looking to buy the next property for 350k so have spoken to my current mortgage provider (Nationwide) about the additional borrowing which they have said is fine based on my wage etc but they have not yet credit checked me. I have…
-
mortgage advisors(how do you tell good from bad)
Just had a visit from an independent mortgage advisor from a brokerage company. it seems like good advice he is offering but is it really and how do you tell.:think: This is my first time on a forum site and don't really know the etiquette. Can i name the company and ask for any feed back? Oh well I'm doing it anyway so…
-
Will we get a reomrtgage?
Hello everyone. We have a mortgage with Swift and it is killing us (£1400 per month). We were looking to move away. Our house is worth 300,000 and the mortgage is for 175,000. I have a real bad credit file and my husband has only 1 default on his for £1700 in 2004. It isnt even supposed to be there but that is another…
-
Northern Rock Base Rate Guarantee Mortgage
I have a fixed rate deal with Northern Rock that is ending. They will put me in their Standard Variable Rate (SVR) minus 0.25% Loyalty Bonus because I've been a customer for over 7 years - mind you I had to argue for this - which makes me think they may be holding back on information given that want to get rid of…
-
FTB Mortgage Deals
Hi, this is for my neice. She is buying her first home with her fiancee. They are buying on a scheme where they buy 75% of the property, so will be borrowing £95K. The builder's mortgage broker has found them a 2 year fixed rate deal which is 4.89%. I thought this sounded quite high. I've been shopping round for myself…
-
Natwest - Time to valuation?
Myself and my partner had our offer accepted on a house a fortnight ago. We went into Natwest the next day and arranged the mortgage (we already had it in principle). We provided all necessary ID, payslips and account statements. We also instructed our solicitors (and filled in the forms) and gave all of the details to the…
-
RBS issues with ID documentation
I am having a tough time with RBS. I got an agreement in principle fairly swiftly (~5 weeks ago) and they did the survey about a week later. My broker was told the offer would be out shortly after the survey but nothing came. It turned out they had issues with our ID documentation and despite faxing, refaxing, posting…
-
Changing the name on the Mortgage - help please!
Hi I currently live in a flat which was generously purchased by my mum and dad whilst I was at university, I am now in full time employment and pay the mortgage directly to the mortgage company every month and my parents no longer have anything to do with it. How would I go about getting the flat transferred over to my…
-
Buy to let mortgage?
Hi everyone (I've also posted this on the house buying part of the forum as was unsure where to ask the questions!) - my partner and i have lived in my house for the last 12 years and rent her terraced house out - she is just about to pay her mortgage off and will continue to let her house. We are wondering if she or we…
-
Mortgage interest rates
Hi, I'm trying to find the best mortgage rate and I'm finding that when I look at websites and get quotes that I see the amount being shown as the monthly payment due on a mortgage of say £95,000 at a quoted rate of 3.19% the amount £473.74. But the figure being quoted isn't 3.19% but actually 6% by my calculation. This…
-
Buying out my ex partner.... please help
My partner and i have split and i am wondering whether i could buy her out/transfer to my name. Here's the details... We bought the house 2 years ago for 147,000, we went 50/50 on all the fee etc but i personally put down a 10% deosit. We have had the house on the market now for around 3 months but there has been no…
-
Mortgage market
I am looking for a higher mortgage to move home. My current lender has recently changed their criteria and will only lend 2x my main salary. When I asked about a new mortgage when my deal was up a few months ago, they were prepared to lend 3.25 my salary. Is this a trend accross the market now? I have been doing a bit of…
-
New Remortgage Deal needed with adverse credit
Hi I am new to the forum, but I am looking for advice on how to find a remortgage deal as the Chelsea Building Society have changed their criteria and will not lend us another 5000 which we need to finish off the home improvements. We both had bad credit ratings, but that was over 4 years ago, since then we have no extra…
-
Mortgage advise needed!
Background: Bought property for 124k 18 months ago with partner. 3 year fix with brad bingley at 5.89% unfortunately we have recently split up, i want to transfer the mortgage into my name and stay in the property, both sides are in agreement about this. I currently earn 27k rising each year, i have applied to brad bingley…
-
Mortgage debt at end of fixed term.
Hi, I’m attempting to work out what would be left owed on a mortgage at the end of a fixed term. After talking with HSBC I’m a little confused. They offer two fixed over Two year. One at 4.99% with a set-up fee of £1499 and another at 5.49% with the set-up being £199. If for example if I borrowed £135,000 over 25 years and…
-
home to small to live in
Hi, i currently have a mortgage on a one bedroom apartment and live with my partner and have a two year old son. the current home is too small to live in but with the current econmic crisis i cant sell the place. Is it possible to get another mortgage to buy a bigger place to live in and rent out the exisiting apartment.…
-
Rent a Room Scheme in Leasehold Flat.
Hi there, name's Ben I've got my AIP from Natwest and seem to have found a relatively decent flat. It's in a great area and the flat itself has 2 bedrooms, is very modern and spacious. I've had the viewing a few days ago and spoke to the owner. Obviously the flat is leasehold, the remaining lease is 109 years and the…
-
Fixed mortgage with HSBC - want to reduce term of my mortgage
Just wondered if anyone can help me with my query. I fixed my mortgage with HSBC last year until July 2011. I am allowed to make monthly overpayments of 20% without incurring penalty charges. Have recently had pay rise and want to make overpayments of more than 20% (especially as savings rates are so low at the moment) but…
-
How much does the electoral roll affect your credit rating?
Hi again all Just a short one this time - just checked Experian and it shows on MY version that we are registered with the council to vote etc (actually have the voting card in front of me for next month's elections!) but it's not showing on the CRAs. I appreciate that this takes time but it's been 4 months now and we're…
