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HSBC - how long?
Hi all We've applied, via phone for a HSBC home owner loan (as opposed to a mortgage) and had a 'decision in principle' - we got the forms through and returned them with payslips etc. We've just received the originals of everything back so assume they don't require anything more in that respect. Just wondering, does anyone…
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Help.... Looking for a morgage.
Hi, Im after a bit of advice (well really its a lot) My husband and I are trying to get a morgage but like most people today we have a couple of defaults. We were recently contacted by someone who said they could probably help. We have had emails sent to us from Roger J Preece FNAEA @ Principal Mortgage Services Ltd,…
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Prudential reject missold claim. Help required
Two issues with this: 1. They said I had two warning letters a few years before my third Red letter (which I did) so they time barred my complaint. However, the two 'Warning' letters were both Green and said target amount on track so Ididn't complain.. as I didn't think I had anything to complain about ! Red one was last…
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Mortgage application include benefits?
My partner and I are considering moving house but my partner is currently unemployed and claiming JSA. My question is will the mortgage provider consider benefits such as JSA and Tax Credits as part of our annual income?
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Halifax underwriters.
Background first: We had a mortgage promise from the Halifax for £100,000. On that basis we sold our flat and made an offer on a house. Our LTV is just under 60%, with an A1 credit rating. The issue is with our jobs. We are relocating for family reasons, and while we are both in secure and fairly well paid professions, but…
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Lift Shared Equity Scheme
Hi all, first time poster here! Been reading the boards the last few months, especially any posts about the Lift shared equity scheme. Anyway, I thought I would share my experiences about the scheme. I am a first time buyer, myself and my 10 year old son live with my parents just now due to splitting with my partner 2…
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Abbey Mortgage Valuation
Is anyone else experiencing delay in Abbey instructing Valuation? How long does it take after Valuation for an Offer to be made or received? Is the Valuation the last stage in the process or can more information be requested at this stage? Any information will be appreciated!
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help, how much can we borrow?
hi, we bought a house in 2006 value £90,000 and took out a 95% mortgage. we have £75,000 outstanding, so the question is, how much could we borrow without the payments going up too much? we currently pay approx £475 per month now. the house is now worth approx £120,000 to £130,000! how can we work it all out? thanks
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Can Anyone Help
A friend of mine is getting divorced and she has discovered that her husband has major business debts for which the bank has placed a charge on the house. He is a pathological liar so we're not getting the whole story. There could even be two charges, one from another bank. The house is in both names so how on earth can…
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Declaration of trust question
I had a declaration of trust drawn up when i moved in with my ex partner The purchase price of the property was 195k, and i put down a deposit of 20k the mortgage is 175k it is written in to the declaration of trust: "mr x" and "mrs x" hereby DECLARE that they hold the property and its proceeds of sale (after discharging…
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Conveyancing Checks
I have ajust appointed a solicitor to complete conveyancing for my property purchase,do they check your credit rating? Reason I ask is, I had an outstanding balance on a credit card with Abbey until 3 months ago,I then paid it off. To my suprise,this month it is now showing as I owe it again,have spoken to abbey who state…
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Mortgage Refusal help
Hi I rcently applied for a mortgage and was refused due to me having 2 late payments on different accounts over the last year. these were very small amounts and only occured as I forgot to pay them. I also have a few missed payments from 2006 - when I was a student and paid phones bills a couple of days late. I never…
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How best to improve ones credit-worthyness in preperation for a mortgage application?
Hi, I consider myself fairly financially astute and have done well to manage my various accounts and credit cards over the last 5 years or so from graduation. I monitor my credit report on a 6 monthly basis and have no negative marks. Myself and my partner have decided to leave it for one year to apply for a mortgage so we…
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Credit Report
I have been looking for a mortgage and have been declined. I got my credit report and score from equifax. The score was 415 (which is average according to them), but it also said that I would probably be a good candidate for credit, but it would not be automatic, as my borrowing suggests that I struggle to pay my bills.…
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Advice On Taking a Mortage With Redstone/Beacon
Hi there, I was looking for some opinions or advice on Redstone/beacon. Im looking at taking a 2 yr fixed mortage with them and then leaving to go to a high street lender. For a few minor reason, and current climate, im struggling to get a normal lender. We have one default (caused by a few pounds over draft we we'd…
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Advice on remortgage. Is this good deal ??
Hi i'm wondering wheather this is a good deal ? Got a deal quoted through a mortgage advisor i want to change my mortgage and get a decent fix rate deal. I owe 105000 on my mortgage at moment have just over 10 months remaining on my fix rate 5 yr 5.39 %. want to borrow 120,000 on a new mortgage for home improvements which…
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Double standards - mortgage payers shafted
See this: http://www.moneysavingexpert.com/news/utilities/2009/08/energy-firms-told-to-slash-prices-b ... and then tell me where 'Ofmort' is when you need them... I accuse the Government of doing nothing about lenders smirkingly raising their fixed rates while paying next to nothing for their supply of cash.
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FTB with no credit history
Hi, After renting for about 15 years now, I have (eventually) decided to try to buy a very modest property. The properties are in the region of £85 to £90K and I have a deposit of £22K - I earn £41000 per year. However, I do not have a credit card (having made use of debits cards and cheques to date) and even my phone is…
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HELP: Selling Endowment Policy & countersignatures
I'm selling my endowment policy that I took out with the Royal London some years ago and I need countersignatures on various documents, including the Assignment Of A Policy Of Assurance. Now, I thought this might be easy as my friend is a solicitor but he's now on two weeks leave. I didn't want to leave it that long and so…
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mortgage whilst on maternity leave
Hi everyone i currently have a mortgage on a 2 bedroom flat which is 88k outstanding however i would like to remortgage for the full amount of what it is worth which is 112 and use the money to buy a bigger house which will be approx 150k, here's the problem i have, i currently am on maternity leave and my gross earnings…
