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Mortgage Offer , pay cut since applying
To cut a long story short, Applied for a mortgage declared salary and outgoings etc. Have now got the mortgage offer. Since the application I have had a temporary pay cut of 10% enforced by my employer for a period of 6 months. Should i inform the lender of this ? It is only temporary and I can still afford the payments of…
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Coming to end of fixed rate - advice needed
Hi, this is my first post here so please don't bite! Almost two years ago I took out a 95% mortgage with Scottish Widows, fixed rate of 5.75%. I've now got about 90% left to pay, but reckon that my LTV is shot due to prices go down. I assume that having such poor LTV means I've no chance of going to another mortgage…
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anybody else having long waite for abbey a morg
they agreed in priciple a deal for me but saud it had to goto the under writters,,that was 3 wks ago & still waiting,have spoken to them but just say theyve got a back log!
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Is it possible to have someone named on the deeds who isn't named on the mortgage?
Looking at buying my first house but have been a temp for the last 3 years and the job I'm about to start only has a year contract so my dad has said he'll help me out. Is it possible to get just him on the mortgage as I don't think they'll consider me but have me named on the deeds? How would we do this? Thanks
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Could we complete on friday... really?
Hello, We have given notice on the apartment that we rent at the moment - we have to be out on Sunday. We were originally meant to complete purchase on the 19th, but due to hold-ups in getting the mortgage to the valuation stage, this date fell back and we are now being told that we could complete this friday by the…
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Advice Please!!
Found out last week my partner is expecting, she's 22 Im 24 and have been together 4 years, both living at home with parents. We now have to fly the nest and get out own place, I've been looking at renting but it seems so expensive. So im thinking about buying. I've had some credit problems in the past, but now have a debt…
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Principality process
Hello everyone - first post! We are in the process of buying our first house and have applied to Principality. We have "passed" a credit check apparently but am wondering what the Principality process is- do they survey first and then underwrite or vice versa? Just a bit nervous with all the horror stories going on, we…
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would i be able to get a mortgage
probably the one billionth person to ask :P can i get a mortgage or, just as good a shared mortgage with my parents of around £90k-100k personal situation; age 20 only been working since oct 2008 had my first debit card in 2007 salary 20k rising to 21k (postman) saved £9k
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Mortgage multiples - bonuses?
Can anyone let me know what the typical treatment is these days for bonuses when arranging mortgages? In a situation where a bonus forms a substantial part of earnings (let's say 40%) and has been consistently awarded, would it be at all countable towards mortgage funds availability?
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Will we get a mortgage?
OH and I have got a fair bit of debt and are slowly paying this back. As we have enough equity in our house we have decided to sell and clear all of our debts. Unfortunatley we have lots of defaults now. We approached Halifax for advice and they would not offer us a mortgage however the lady at the branch said dont worry…
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Switching from Repayment to Interest Only
Due to the current climate and future workload, we are considering switching from repayment to interest only. I have always tried to avoid this, but am not sure exactly why. A few questions, if you can help. 1. We are with the Chelsea and the fixed term ends next Feb...does this have any bearing on being able to switch? 2.…
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First Direct
I have just moved to FD 2.99 fixed. Not a bad deal. Great service etc etc. Anyway, i used to bank at Abbey and now with FD. Abbey used to tell you your actual and available balance online. FD only tell you the actual. Do they do this on purpose hoping you will go overdrawn or is it something they have not thought about?…
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Any Advice for buy to let
On a Woolwich tracker +0.29 above base, about to move house and wish to rent out property Mortgage is 25 000, would it be possible to move the tracker part on to a buy to let?
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Good HSBC mortgage - can I take with me if not buying immediately?
Hi all, First post so please be nice! Sorry if something along these lines has been posted before but I couldn't trace anything. My good lady and I are seeling our flat and looking to buy a house. We currently have a mortgage with HSBC which tracks at 0.5% above base rate until the mortgage has been repaid. We don't want…
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Who will lend at 85% on new build (with a six month validity)
Hi there, I have a mortgage arranged at 90% ltv with RBS for purchase of a new build house (significantly reduced by 25% from peak, so no longer over-valued compared with similar second hand properties in the area). The rate is poor, and we may be able to increase our deposit to get to 15%. Can anyone tell me which lenders…
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Will I accept this money from LloydsTSB?
]Can anyone advise please? I complained in 2006 about the mis-selling of an endowment policy, which I took out about 20 years ago and will not mature until 2012. Eventually I received a letter from LLoydsTSB offering me something like £200 and I had to let them know within 7 days if I would accept it. I did not accept it.…
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Mortgage broker recommends Accord 4.89% - 5 yr - with 1 default
Hi, Mortgage broker has recommended that we try for an AIP with Accord. The rate is 4.89%, £995 arrangement fee, 5 year fixed , 75% LTV. This was chosen because of 1 default on my wifes credit history (5 years ago). I have seen other rates of 4.59% and even 4.39% (hsbc). The broker said that these weren't available to him…
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Halifax mortgage slowwww
i have just had all my surveys done for the house im purchasing i had things like damp and wood report, boiler, electric and roof report done. its all been sent to the underwriters last tuesday bought house for 85500 and deposit 30k does anyone know how long halifax take to sort mortgages out when its at underwriter stage…
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how long to wait
got mortgage agreed and paperwork just been signed and sent off there is no chain either side and all we have requested is that a boiler service to be done (if they cant prove recent check), even with this how long should we expect to be waiting? pretty sure the person has moved out aswell is 3 weeks unrealistic or is it…
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do you think this right
i took out an endownment in 1984 in order to cover my mortgage of 13000 told there would be enough to cover the mortgage and a lump sum left over 6 years ago had an advance of 10000 on my mortgage so the endownment would have to reach 23000 5 years ago realised this was not going to happen so i started to save for the…
