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Mortgage opinions please?
Hi guys, i applied for a mortgage on a new build apartment around 6 months ago, I was declined due to it being for a new build. I was also advised that things can change on a weekly basis and to keep an eye on what lenders are lending. i do have a ten percent deposit. 15 percent at a push, What do you think of my chances?…
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'Any other information you think relevant to your application'...
... and you find yourself, having filled in the mortgage proposal so meticulously, facing a nice, square block of white onto which you can scribble all those other cute little facts that the composer of the form couldn't think of. You know... ... It's the place where applicant A, who splurges out on fancy foreign holidays…
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gifted deposit?
hi, im wondering and hoping someone can help me please, we had an offer accepted on a house for 133,000, the house was up for 145,000, we were told before we started looking for a house we would qualify with a 10% deposit or eles we wouldnt have started looking. anyway we now find oit that we need a 15% deposit, the seller…
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FTB Help...
Ok so i'm completely new to the mortgage scene. And want to know where i stand.. I'm a FTB as stated in the title and have just got my first job after finishing University. With OTE i should achieve a yearly income of £19k to £20k comfortably a year. I have previously had a student loan but i have paid this off already…
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best rate
hi..... im a first time buyer...ive had an offer accepted on a house.the price agreed is 120,000. i have a deposit of 30,000. so im looking to borrow 75% of the house value. what are the best fixed rate deals out there currently.
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Mortgage with settled defaults
My credit score took a hit a few years back defaulting on an overdraft and loan. One was settled back on '07 and we're trying to get a mortgage on the Home2Own scheme (where you get up to 15% paid by the government scheme and 15% by the property developer, interest free for 5 years before paying back). The financial…
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Is this a bad idea?
Hello All Here is the thing. I currently live in London and rent. I tend to move around a bit so have steered away from buying my own place...plus my immediate neighbourhood is out my price range. I have the opportunity to buy another house with pretty much guaranteed tenants (that I know well) who want the place for…
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Mortgage Fees added to mortgage!
Hi I wondered if anybody can help me please? I have recently applied for a mortgage with the Woolwich and i've just had my offer through the post. Whe i applied i asked my broker to ask the Woolwich if the mortgage application fee of 999.00 could be added to the mortgage. He said he would do this. The loan amount is…
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Nationwide Mortgage - Accepted, then Declined???
, We have just went through the DIP process with our local branch of Nationwide, we brought along all the required documentation and passed the credit check. We received 2 certificates, one for the maximum amount Nationwide would lend us, being 247K, and the other for the amount we require, 172K. We asked what this meant,…
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Bit of a unique situation. Need some advice please.
Need a bit of advice please. My parents helped my wife and i buy a house in March of this year. Basically they lent us the money to buy a burnt out derelict house. I spent 3 months fixing it up and we're now moved in about 2 months now. I now need to get a mortgage on the house to pay my parents back. But i lost my job…
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1st Time buyer mortgages
Hi all, Im 28 years of age and a serving Police Officer with 7 years experience. Im a first time buyer looking at properties in the region of 100k - 125k with a 10 - 20% deposit. i have looked at the scottish widows professional mortgage however due to my profession i do not qualify. i am looking for a fixed rate for 2 - 3…
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Property Mortgage Search
Hi What is the best way to find out who the mortgage lender is for a particular property? Thanks in advance xx
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Anyone bought a home under home-change with persimmons?
Hi there I have recently viewed a property with Persimmon homes and am looking at their home change offer which is where they will market my property for 8weeks (as a part x) and I can do a 85/15% shared equity on the new property.. everything is going good and happy with all figures & details etc. got an AIP from the…
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First time buyer!
Hi all, Me and my partner have been living with her mom and have been for 5 years now ( I am 22, and my partner is 21 ). I am due to start as a Police Community Support Officer with West Midlands Police in just under 3 weeks time, and my partner has just graduated from Uni, and has just been offered a job in an Admin role.…
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Mortgage advice please
Bear with me on this because me and mortgages go together like... well they don't! Currently we have a mortgage between me, my Mum and Dad so we each own a third of my flat. I am wanting to take over and so change the mortgage I am a NHS/Ambulance worker who will need a mortgage of about £125,000 over 25/30 years. Any idea…
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Changing name and applying for mortgage
Hi I just got married and am in the process of changing my surname. As I still have 4 yrs left on my passport I was planning to keep it in my maiden name and save the fee for a new one, obviously booking all travel in that name too. All my bank stuff, credit card, bills, council tax/electoral roll and driving licence will…
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Brokers & Direct Deals
I saw a whole of market broker recently. He searched through his system and came up with some deals. I had seem some slightly better deals on banks own websites and he said he could get those for me but would need to charge a fee (£300) because he wouldn't be paid by the lender for those. Looking into it more, it seems…
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Endowment Maturity Values
I had a Friends Provident endownment mature recently and the value was less that I had paid in. Disappointing but fair enough but it did make me have a look at some others I had. I have 2 with Chidren's Mutual for my daughter which mature next year. I asked them for a Surrender Value, a paid up value and an estimated…
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Can I afford a SVR Mortgage.
We all know that at the moment, mortgage deals aren't great for first time buyers. I've found an offset mortgage with Northernbank called re: pay. It allows a 90% LTV as well which is what I need. I did some calculations for the next 3 years based on what I'm earning, what the BoE could be at that time, and other factors.…
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Changing from interest to repayment mortgage
We have had our interest only mortgage transferred from GMAC to Gemini Holdings. We had planned to change to a repayment mortgage when our two yr fixed rate finished in Sept 09. Speaking to Gemini they say they only do interest only and we will have to remortgage elsewhere if I want a repayment. The trouble is we have no…
