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Are there any sub prime lenders still out there???
Hi, We have just sold our house for £108,000 and currently owe about 88,500 on the mortgage (with accord mortgages). We have had an offer accepted on another house for £103,000 (needs a bit of modernising but others on the street are on the marked for over £140,000. My credit history is poor - i've get a CCJ for about…
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Mortgage & tax credits!
I posted yesterday about changing our mortgage deal in October, however due to my husband's low paid job they cannot add any additional borrowings to the balance. I am so disheartened now, we get tax credits, are there any companies who may take this into consideration as income because the amount is considerable (£800+…
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New Build Max LTV - help needed
Hi, I am looking for advice on maximum LTV for a new build flat. Flat is £152,995 - and have £23,500 (15% deposit) - are there any lenders that will lend 85% on a new build flat? I have £13,000 of un-secured credit I am about to pay off. Am I better to use this £13,000 to increase the LTV to 80% (so £30,599), but then…
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First Time Buyer Advice please
Hi I have an appointment with a whole market broker this evening - but want to prep myself before then... I have had some poor history in the past - only with late payments and bank charges - however the last late payment made was over 40 months ago. I have only been overdrawn twice in the last 3 years and never over my…
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New Mortgage - moving House
My partner and I are both with Nationwide but are now looking to sell our proerties and buy a house together. Should we shop around for a mortgage and if so is the best way to do this via a broker or can this be done via a site like moneysupermarket? We want to sell one property and rent the other therefore Nationwide have…
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Overpayments on mortgage vs (long sorry!)
Hi Hoping someone can offer some general advice if possible please as there is so much to think about i dont know where to start. Im currently on maternity leave and so we decided to go interest only for a few months with pregnancy being unplanned. However our monthly mortgage repayment amount was £1037 on a 100% mortgage…
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Reposess or Voluntary hand back? Consequences?
Hi Its my first time posting so i apologise if i am posting in the wrong forum. I am in a hell of a situation. Had a joint flat and a house with ex. Flat is in equity about 15k hopefully and the house is in Negative equity about 30k. Flat is rented and i have had to rent out the spare rooms on the house to help me with…
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Redemption and adding partner to Title Deeds
I've been living with my partner for a few months now and have the requisite capital to redeem her mortgage in full. We've been waiting for her current mortgage to get past the early redemption penalty period (fixed rate etc..) and that time has now come. Couple of Questions: Do we need a Solicitor to redeem the mortgage,…
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Advice please? Mortgage separation...
I'm a regular reader of MSE, but rarely post, as I usually find the answers I'm looking for, but now, I have an issue that really needs some input. It looks like OH & I are going our separate ways. Things are just not working out for the long-term between us. The problem that is bothering me is that our finances are well…
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Does going Over your Overdraft Limit affect credit rating and ability to get mortgage
Hi, A few years ago (3 1/2 now) I was a student at uni. Being the typical student I was in my overdraft a lot and quite often went over my agreed overdraft. Now i've already claimed back my charges etc which was a nice cheque probably inthe region of 700 however I am now at the point where I want to get a mortgage. Does…
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Mortgage Advice Please
Could someone give me some advice please. My fixed term mortgage finishes on the 31/8/09 with the Market Harborough BS. We owe approx £60700 and have 18 years left. Our payments are currently £453 per month, by doing nothing our payments will go down to £441. They have offered us 2.50% discount for 2 years with no early…
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Has anyone been accepted and had credit defaults
There are so many posts about defaults on credit history across the forum but most seem to end with the question and no updates on outcome. What would be really useful for me is to know if anyone has had defaults on their file and been offered a mortgage. Anyone?:o
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Staff Mortgage Problem
Hi all, we had an abbey staff mortgage of bbr+1.38%, there was nothing in the books, keyfacts, or documents that said it was some special offer. Roll on to today where my wife no longer works for them, and they have written to us, and changed our contract to a bbr+3.18% !! We complained last week, and were told "it's a…
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Mortgage Application Form
Do they ask the solicitor details to be filled in?
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Anyone ported an Abbey Flex+ Mortgage recently?
The mortgage is described as portable, in the key facts. I understand that typically when porting; a new additional mortgage needs to be taken out for any additional borrowing. However I would obviously like to keep the BOE+0.49% rate as much as possible. Does this apply to the Abbey Flex+ (2006 vintage)? Reason being it…
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Endowment red letter
Hello got a red letter today from aviva on one of my endowments i have 2 this one has been running since august 1991 target amount is 30k current value including bonuses is £13.936.74 not surrender value,projected final amounts are 4% £16.200/5%£17.500/6%£18.300 have had a repayment mortgage for about 7 years now and this…
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Northern Rock, Secured and unsecured.
I have a NR Together mortgage about 74K in Secured, 23K in unsecured, I want to get my ex off the mortgage as he does not want to be part of my life, also its been over a year since we broke up so time to move on and it is causing a bit of hassle in my current relationship. Can i remortgage in my own name just the 74K what…
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opinions needed please
I am seeking an 80% ltv mortgage for a new build (i have already got a substantial price reduction on it so i am hoping the valuation wont be a problem). i found natwest offered a 2.99% tracker for 2 years, looking to go interest only and make overpayments. when i phoned for my mortgage in principle i spoke to a girl and…
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C&G 2 Year Fixed Mortgage now 2 years 2 months
Hi All, I have just spoken to C&G about my mortgage and they have said that the end date of my fixed term is the 31st of December 2009 I took out the mortgage early November 2007 on a 2 year fixed term. But it is now looking like a 2 year and 2 month fixed term. Can they do this? Obviously if i was fixed on a low rate -…
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Are my calculations correct???
Hi folks, its been a while since posting here last but wondered if anyone could help me with my calculations for a mortgage issue I have regarding my bankrupt ex partner. Ill try to be as brief as possible.... Five years ago, my ex and I bought a house for £192,500 on a shared equity scheme. We took a mortgage for £122,500…
