-
Alternative to Bridging loan?
We have found a house we want to buy, but the seller wants a quick sale. My deposit is tied up in my old house (mortgage ends in 4 years), (which is on the market but no offers yet). My bank (HSBC) dont do bridging loans, and its been 20 years since i moved house before - can anyone advise me what options are available.…
-
Discount tracker has 2 months to go ... switch to the SVR ?
Hi all, My Halifax discount tracker (BoE - 0.04%) comes to an end in 2 months time - oh, well it was good while it lasteed - and I am now looking round for another deal. Halifax's current SVR is 3.5% - which I can't see going up drasctically, if at all, in the next 2 months - so I was wondering .... what with the,…
-
Company sharesave or overpay mortgage
Hi, I would like to hear peoples opinions on the following choice I have. I can start a company sharesave where I can save £250 for either 3 or 5 years. At the end I can buy shares at an option price and then sell or take the money back with a small amount of interest. OR I could overpay my mortgage by £250. My mortgage is…
-
What impact does arrangement fee have on interest rate??
Hi all I am wondering - cant do anything about my mortgage until my fixed rate finishes next year because I am trapped in, but I have been trying to keep tabs on what is going on out there... just in case there is a chance its worth taking a hit on the redemption penalty. Before anyone asks, its not as far as I can see!…
-
morgage advice needed
:question:iam about to get a second morgage on a second property ive seen and will be renting it out but this property has been converted and seems to have no planning permission the price has been reduced heavliy but would this stop me from getting a second morgage? also is there anywhere i can find planning permission…
-
LTV & Shared Equity (LIFT Schemen Scotland)
Hi there, I have placed a reservation fee on a new build, shared equity property in Scotland. I am paying 75% and the LIFT Partner (Link) are paying 25% (Purchase Price is £105, 000). A financial advisor advised me (via email convo.) that shared equity means there are more choices of mortgage with more favourable LTV deals…
-
Salaried and self-employed - what chance a mortgage?
OK, just wondering if anyone would be so kind as to provide some advice/feedback on the chances of us getting a mortgage (!) Here goes: * Me: salaried, 25K + * Partner: about to leap into the self-employed bracket (no choice)... * Sale of current home may bring in approx 40% equity of price range we'd be looking at Where…
-
mortrgage offer declined by HSBC urgent advice needed
Existing mortgage with HSBC for 21 yrs and all bank accounts £61,000 never defaulted on payments CC debt of £47,000 Good credit no other debt income joint £52,000 full time nhs and tax office employment remaining term 8 yrs 11 months to retirement 3 dependents one at uni one a college one at school applied for equity…
-
FTB Advice Please
Hi Guys, Just a quick question, after being made redundant last year, i found a new job and between me and my gf have managed to scrape a 11k deposit for a house. My new job and girlfriend are both miles 55 miles away and the commute to work, and obviously the distance from my gf is really hard. We are looking to get a…
-
mortgage help
Hi I am after some advice on what to do now, my 4 endowment policies have left me with a large short fall to pay off mortgage No1. Do I surrender these policies now and pay off a lump sum from the capital or let them mature in 2011. I can afford to over pay the mortgage by £600 per month. Any advice appreciated. Mortgage 1…
-
HSBC declined equity release need advice
Have waited a week for HSBC underwriter to look at mortgage application only to be declined. Currently have morrtgage of £61,000 and all our bank accounts with them and have had for 21 yrs . Never defaulted any payments. House value approx £250,000 joint income of £52,000. Do have debt of cc of £47,000 and wanted to borrow…
-
Mortgage Advice Services, Derby?
Hi, I have been contacted by the above company trying to see if they can find me a better mortgage deal - does anyone have any experience of them? Thanks
-
Complicated re-mortgage - is there any hope?
Hi I am sure this has been asked on plenty of other occassions but each case is individual so I thought it may be worth giving my details. We currently have a mortgage of £46k - house is worth around £130k. we were sequestrated in Aug 2005 (long story but are back on track now), discharged August 2008. When we were…
-
Mortgage application alomst complete, now new job offer
I am in the process of buying a house. I have a 40% deposit (purchase price is £150,000). I have signed the mortgage offer, it is still subject to valuation but that should be cleared next week. I have been offered a new job, on more money, in the same profession. If I hand my notice in with my current employer at this…
-
mortgage after being repossessed
Does anyone know if it is possible to get another mortgage after being repossessed 3 years ago
-
Mortgage Advice
Hi, I took out my mortgage nearly two years ago now. It is with the Halifax and when I went in I took all my documentation and everything. I had my mortgage promise and everything seemed fine. It was a fixed 5 year mortgage. Then nothing happened for 2 months I kept calling but couldn't get hold of anyone who was handling…
-
MSE News: First-time buyer mortgage famine gets worse
This is the discussion thread for the following MSE News Story: "The number of mortgages available to those with a small deposit has fallen by 17% since the beginning of the year, research reveals. The trend is likely to hit first-time buyers (FTBs) the hardest ..." Read the full story: First-time buyer mortgage famine…
-
Ownhome Scheme - refused mortgage by Co-operative bank...
I managed to catch the Government's "Ownhome Scheme" just before it closed and have funding secured with PfP on a bungalow (August). I was very surprised to discover a default notice entered on my credit file by a Company called HFO Services when I applied for my mortgage with the Co-operative. I wrote to HFO several times…
-
How long to process a mortgage offer!?!
post deleted
-
Mortgage With CCJ
Any advise is greatly recived please Looking to purchase a house £220,000, deposit £45,000. Partners income £62,500 plus £22,000 bonus My Income £27,500 plus £6000 bonus 1 problem, I have a CCJ from the tax credit overpayment thing in 2003/2004 for £4500 which I have not settled. My credit score is Fair 763, partners is…
