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First Time Mortgage Advice
Hi Guys, I am a 37 year old guy with a 35 year old partner. We will be first time buyers. We have a combined income of 45000 pounds per year and are looking at buying a property for 120000. We have 10000 to put down as a deposit. Do we have a chance of getting a mortgage for this amount? Grateful for your advice.
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Interest rates to stay low until at least end 2010
from the Daily Express..... MILLIONS of home buyers and owners can look forward to record low interest rates until at least the end of next year, experts predicted yesterday. The Bank of England will be forced to keep them at 0.5 per cent throughout 2010 to balance low inflation and counter expected tax rises, say…
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FTB looking for mortgage advice
Hi, after about 7 years of renting my fiance and I (both 25) are hoping to buy a 2 bedroom house. We have 40k saved (35k for a deposit) and are looking at houses costing 135k. I earn 15k a year and my fiance should be able to get a 1 or 2 year fixed employment contract on just over 27k in the next month. We would wait for…
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London and Scottish Contact
Hi, can anyone help. I would like the contact number for London and Scottish. The number is not on their website and I have not been able to find a direct dial number on the web. Does anyone have a letter from them with a contact number on please.
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Advice needed plaese (complicated!!)
Need some help guys and its a long story so bear with me! Ok where to start?! My girlfriend who i`ve lived with for nearly 2 years has a mortgage with her ex and part of the verbal agreement when they split up was that he could keep the house and all its contents so long as he lived there with or without his new g/f,and as…
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Mortgage Offer
Hey Guys, We recieved news yesterday from our broker that we have finally gone to offer on our mortgage application after 6 weeks (Ulster Bank are so slow). Still waiting on written verification though. We were hoping to get the keys of our new home on Wed 23rd Sept which is just over 2 weeks away. We have checked with the…
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Mortgage with The Nottingham Building Society
Hi, I was recommended by a broker a mortgage product with The Nottingham Building Society. Call me weird, but I was a bit reluctant for the following reasons: - they don't have a single branch in London(where I am based) - they don't have an online service - being a small lender, certain things might take a longer time…
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How long to fix for? and thoughts on Abbey?
I am a FTB and have had an offer accepted on a property for 90k, I am looking to get a fixed rate repayment mortgage with Abbey National, I have 15% deposit. Can anyone offer any feedback from thier dealings with Abbey? and I would be grateful for any advice on how long to fix for (if at all?)? Here are my options: 2 Year…
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Come into some money - Pay lump sum or switch?
Ok the details: 2 years into a 5 year fixed mortgage with Nationwide at 5.98% House value at time of purchase was £177,995 Mortgage value is approx £95k-£96k (was intially £100k). Payments are £643.08 pm. Early repayment charge is 3%. Lucky enough to have come into a sum of money of £66k which is to go towards mortgage.…
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What's the best mortgage on offer for me please?
My deal with the Leeds is just about to end and go up to 5.49% SVR! I'd like to make sure that ive not missed the best deal before i sign up on another. Live in Brum and want to remortgage. Property value £350K Required mortgage £100K Gross Salary £55K Have around £10K in current/savings accounts. Interest only…
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Mortgage offer not tied to property?
I'm hoping someone can shed light on our vendor's mortgage situation. We are in a small chain (three including us) and have been ready to exchange since end of July. The vendor's purchase fell through and they have moved into rented accomodation. They want to complete on the sale straight away but they intend to transfer…
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First Time Buyer looking to get a mortgage
Hello Following on from my post earlier today.. Does anyone have any expereince recently off being accepted for a Mortgage while still having outstanding debt else where. I currently have a car loan of £359 a month, a £2000 overdraft which is constantly in use and a £1000 on a credit card which is shortly going to be…
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Let to buy?
Hi, I read on here somewhere about a let-to-buy mortgage, I've searched for ages but still can't find any more details. I apologise for the double post, I originally posted on the house buying section, but realised it was more appropriate on here. Basically we are relocating. Oh wants to buy a home in our new location - he…
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Anyone a Chelsea BS Mortgage Customer?
I'm about to complete my mortgage application, but with the pack came a recommend a friend card. If anyone would like to recommend me, we can both get £100 when my mortgage is approved. Any takers? You may have the card, or I can post mine for you to complete your section, then post it back and I'll send it in with my…
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Will anyone allow me to buy a second home?
Hi, Long time reader, first time poster. I think the first thing to clarify is that im no David Essex. I own 1/4 of a house that is currently on Northern Rocks SVR with enough negative equity for us to be stuck. Bought the place with friends in April 07, right before the market topped out. This is currently manageable as I…
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C&G not allowing us to port on like for like basis rant
As per title, this is more of a rant than anything else but Im interested to hear peoples own experiences about this situation. Me and partner took out 95% mortgage on 179k flat 2 years ago on a 3 year deal (ERCs currently £5000) before it all kicked off. We have carried out a lot of renovation including new kitchen,…
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Mortgage and bank loan advice needed please
never mind
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help please with insurance on my home!!!
Hi, my partner died in december 2008 and we had a mortgage and insurance. The insurance company paid out the critical illness side of it but when he died and i informed them they said the insurance policy had been cancelled after they had paid out. I am now left with a mortage i cant afford with 2 children. Surely this…
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The powers of estate-agent brokers and a question about HSBC
Hello, I'd appreciate some advice on a mortgage issue. Similarly to a a few threads earlier, my partner and I were pressurised into seeing an estate agent's in-house mortgage adviser, who set us up with a deal that didn't seem too bad. We have done all but sign the final papers accepting the deal. In the last few days,…
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Another thread requesting ReMortgage advice
Hi guys I hope someone can help me. My Dad has got a mortgage with the Nationwide fixed for 2 years at 6.08% and it comes at close at the end of this month / begining of next month. The mortgage was of £111,000 and has paid £6000, leaving a total of £105,000, monthly interest was around £550 ish. He can obviosly get a…
