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Guarantor mortgage
I have a default on my report from 2005 so from the sounds of it may struggle to get a mortgage (even though I can get a decision in principle). My partner earns less and can only lend 95k can he get a guarantor for the rest of the money we need (10k) his dad would be ideal but he is over 60? Are guarantor mortgages a…
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Old endowment policy
When I was newly married my husband was serving in BAOR and I can remember taking out an endowment policy - I have been lurking for a long time and am looking specifically for a thread that will advise how to find lapsed polices. Any help please
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When best to pay-off part of capital sum of mortgage
This is probably a daft question. I am about to give my son £10,000 which is part of a maturing bond, which I wish him to use to repay part of the capital sum of his mortage, which I really know nothing about in terms of detail. Is there a good time to pay off this amount or should he simply send a cheque to the Building…
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SVR or Tracker or 5 Yr fixed
Hi Advice much appreciated. We are mulling over our options at present coming to the end of our fixed rate. Do we go with the very attractive SVR at present and make overpayments or play safe with fixed rate? I've read on here that the rates will not rise significantly until end of 2010. I know this is anyones guess. If…
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Lender that will take FUTURE rental income into account?
Hi Im looking round for a mortgage for a new house i want to put an offer on. While keeping my existing appartment to rent out. So I spoke to the halifax today and they said i can have a mortgage for 210k (in addition to my flat one) but if i was already letting my property i could have a second one up to 248k which would…
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Solicitor needed for buying bankrupt ex's half of property?
Hi folks, Not sure if this or the Bankruptcy section is the best for this question, but either way Im hoping this will be the last time I have to ask anything about this situation. Long story short is that my ex (Who is joint mortgage holder with me on the the house I live in) went bankrupt two years ago, and I am now…
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Does RBS only check 3 years credit?
Hi. Me and my partner have got an agreement in princial through the RBS for the a mortgage with 15% deposit. Our mortgage advisor assures us that this means thay have checked our credit and all that stands between us and the house is the rbs confirming our salaries and checking the property. I however have been told by RBS…
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Co-operative bank being slow on application
Hi all, Brief history... Put in an offer on a house lower than we expected to pay for it. Bought it off people we know and was on the basis that we had no chain, theyve fell through twice and want a quick sale. Since being with the Co-operative for the mortgage process weve had our details taken 4 times by the same person.…
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Student mortgage
I am currently a student in my final year of my degree. I earn money steadily throughout the year by doing a lot of well paid cricket coaching. I get paid by cheque and do not declare tax. This means I cannot produce a self certificate to declare myself as self employed. I am looking to buy a house as I know I can afford…
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Spliiting up;joint mortgage into single name advise
Have joint Northern Rock mortgage for 2years with partner,who is leaving..Will I have any chance of keeping mortgage which I can afford monthly,but my salary is 34k,and morgage remaining is 150k..so are Northern Rock still reluctant to offer loans,and what do I do next? The deposit we put down is temporarily (hopefully)…
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Joint mortgage and splitting up???
Hi My ex and I have a 2 year old daughter. My ex will become a single parent and does not currently and does not intend on getting a job. We have a mortgage which is in negative equity currently. We agreed that it would be less disreptive to our daughter if they stayed in the house and I moved out, but I can't afford to…
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changing from repayment mortgage to interest only?
I haven't been able to find any info on this before I contact our mortgage lender. I'd like to change our mortgage from a repayment mortgage to an interest-only. We could afford the interest only but if we stay on a repayment we'll have to move out and it will be more expensive to rent than pay interest (not even counting…
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Suggestions on new 'deal' for rented out property?
Currently have a £50k 30% LTV mortgage with Halifax been with them 6 maybe 7 years ago. Had a 3-year fixed special which completed a few months back, as did the 'consent to lease'. Property is still rented out but spoke to Halifax today and they said they can put me on a 3-year fixed again and i need to reapply for the…
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two mortgages on one house?
Hi I currently have a house which I have agreed to sell for 255k and it has a mortgage of 190k with Nationwide which is in my name only.. I have had an offer accepted for 305k on a new property and so would be looking to borrow an additional 50k to make up the difference, unfortunately my creidt rating isnt good and I wont…
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Fees Query
:confused: Hi people- After a wee bit of help if somebody can oblige. I have a remortgage offer from RBS of 4.69% for 5 years with fee of £299 with valuation and legals paid. I still haven't sent standard security docs to lawyer as i'm still in two minds about it. I have questioned with the bank the costs i would incur if…
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Mortgage rescue scheme
Has anyone had to use this and is it worth it?? I'm looking into doing this as both me and my partner have lost our jobs and the mortgage is really crippling us We are already facing the possibility of repossession and are looking into every option available to us x
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Help with mortgage choice
Can anyone advise ive got 15years left on 44400 and i want to borrow 7000 extra property is worth at worst 150000. i have been to a broker and have details of deal with woolwich its life time tracker at 2.74 above boe rate so 3.24 It has £999 fee and early repayment charge of 1% of the balance for first 3 years. My wife…
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remember these
A deposit is something many years ago people had when they purchased a house. Its quite complicated but I will do my best to explain. A long time ago, before the Labour Party came to power, people had something called Savings. Savings were not something your parents gave you, it was something you made for yourself. In…
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buy to let mortgage
hi are all current new buy to let mortgages repayment only or are lenders still doing interest only? ta.
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least-strict lender for loan repayment instrument on interest-only
I've been enjoying this forum on and off for last few months. Finally joined up to ask a question that I cannot find answered in the archives: I am about to return to UK from overseas, want to buy a house. My capital (house sale, bonds, etc) will trickle through from overseas over the next year (and I prefer not be rushed…
