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Remortgage
hello to all.2 years back i got a house for 105000 pounds 70000 was my money cash no mortgage and the rest was the councils to help me buy the property.at the moment i have to leave work to care for my twin boys who are ill.i want to Remortgage 70000 which is mine and buy the council out and do a extension.what would the…
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3 quick questions about getting a mortgage
3 quick ones. 1. I'm divorced sold the previous property that had with the EX no profit from it would I be classed as a 1st time buyer again? 2. As I've changed address's a few times since divorce my credit score is a bit pants sitting around the 560 mark was 100% before hand never defaulted on loans etc waiting for a…
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Halifax refusing consent to lease
Hi all. Seen a few posts along these lines but nothing too recent. My partner and I want to move in to my house and rent her flat out. However, Halifax claim that the flat is in negative equity and, even though the mortgage is easily payable as she is still in full time employment, they are refusing to allow a consent to…
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First Time Buyer - Shared Home Ownership HELP!
I am a first time buyer, and am in the market for a shared home ownership property. The property is worth £182,500 and we are buying a 35% (£63,875) share. We have been told this morning, that ALL banks have changed their lending policy from a 10% deposit (£6,387) to a 20% (£12,774) mortgage. Apparantely this change has…
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Advice needed porting mortgage please
Hi, We are looking to sell our house and buy a new one. We bought our current house for £96000 in 2005 and currently owe about £89000 on the mortgage with Accord Mortgages. We have had an offer on our house of £108000. I have made an offer on a reposession of £98500. We want to port our current mortgage to the new house…
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Removing Ex off mortgage Need Help!!
Okay, have been through this a few times but I have run out of ideas or options and I don't know what to do anymore. Purchased a house with now my ex May 2006 for 84K took out 100K to do repairs to property etc. Oct 2007 ex moved out since then I have been paying mortgage on my own IO so only at about 97500K Ex wants gone…
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removing and adding name on house deeds
Hello I wonder if anyone could help on a question I have. My partner and I are looking at buying my ex's half of our house. My name is still on the mortgage as is my ex husbands. He wants to move out and we have offered to buy him out - which is all agreed. As my name is already on the mortgage, how would I go about…
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Can they do this!?!?
I have a fixed rate deal with Nationwide which still has about 4 years to run on it and (by current standards) a wacking great interest rate! When I took this mortgage out it had penalty fees of about 3% for early repayment. I contacted Nationwide recently to ask them for details of how much I would have to pay to release…
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Taking equity?
This IS about the economy, and I'm looking for specific posters to answer, so mods please don't move!! :p My parents are looking at taking equity. I am absolutely fine with this and the effect it has on me, though sister aint! However, worried about some scare stories I have heard from others about interest and the bank…
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A few questions about re-mortgaging
Hi all, My fixed rate for my first two years of my mortgage has come to an end, and I am currently on the RBS SVR rate of 4% for £75099 remaining on a £150k property in Edinburgh. I am looking to consolidate my credit cards on to my mortgage now, to take advantage of the low interest rates at the moment, approx £13k, to…
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Is it easy to port your mortgage?
Hi, I'm looking to move to a larger house and as this is the first time I've moved home, I'm not sure of the best process! Can I just increase the amount on my existing mortgage (obviously subject to credit check) and take it with me to my new home? I've checked that my current mortgage is portable. Unfortunately I have…
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Northern Rock 100% mortgage + unsecured loan
A few years ago my sister took out a 100% mortgage on a flat with a 17k unsecured loan to cover some structural work and improvement costs. This was part of Northern rocks 125% mortgage deal. As she is now married living at a new house, I have now moved into the property and pay 3/4 of the mortgage while she pays enough to…
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Change my fix?
Hi all, I am in the process of buying a place. At the moment for my mortgage promise (AIP) I have applied for a 3 year fixed mortgage. I'm a FTB and wanted the stability. Now I am thinking that I might be better to go for a 2 year fix with the way interest rates are. Undoubtedly they will go up, though I think it might be…
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maths question.. overpayments??
Hi, i have 2 mortgages and would like to overpay on one if i have spare cash at the end of the month (s) can any one tell me which one to overpay on.. i couldn't decide if it was better to deal with the higher debt or the higher percentage rate...? 1. 40k with a rate of 0.75 - £176 a month 2. 33k rate of 2.5 - 168 a month…
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Really need some mortgage help
Our 2 year fixed rate (6.4%) self cert mortgage ends in Sept 09. We borrowed £207.000 and put down a £25,000 deposit. We have paid promptly every month and although we have a lot of debt £43,000 are managing to service everything and have not missed any payments. The self cert was because my hubby is self employed and we…
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Accepted for a mortgage, and now stumped.
Recently, after applying to Natwest for a mortgage my girlfriend and I were offered around £170,000. After deciding as first time buyers around £95,000 would be suffient we then decided that the easiest way to supply the 10% deposit would be via a loan (we have no savings) through my girlfriends employee rate (she works…
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LIFT open market scheme help please?
hi we are in scotland and have been looking into this and think it may be an option for us. has anybody got any experience of buying this way or has anyone helped someone work out a mortgage for this? i would really appreciate any replies thanks .
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Buy to let
Who is offering the best deal at the moment for a buy to let mortgage? I am just about to venture I think in purchasing a property for my future but not live in it. Thanks:beer:
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Getting a mortgage
Hello, I'm just writing because with my Mrs we are planning to buy an house in 6/12 months and we would like to be ready with all the paperworks. First of all, we are not UK Citizens. I'm EU (Registered on the Electoral Roll) and she is non-EU with a long term visa as my partner. We arrived less than 2yrs ago and so far we…
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Mortgage transfer
I rent a property with my partner, my landlord has asked if we would like to take over the mortgage, as he is suffering from financial hardship and needs a lump sum of money. His offer is this: He adds our names to the mortgage, we pay him a lumpsum of 20-25k (yet to be decided) we then get a solicitor to draw up a…
