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Advise please - Which lenders will consider agency income
Hi, This is my first post and I really hope someone can help. I have visited 2 mortgage brokers with limited success. My problem is that a significant proportion of my total income is from agency work, which I do alongside my permenant full time job. I work as a health care assistant for an agency, and although I have a…
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Any 90% LTV mortgages at over £500k?
Hi all I am considering buying a house in London and wanted to check a specific point with you. I currently live in a large flat, bought for £380k with a 100% mortgage 3 years ago (probably c.£30k of equity in it now). I would ideally like to move next summer as: -had my first child at the end of last year and space is…
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removing my name off ex's mortgage
I know its a longshot, but wondering if anyone can help me here, my problem being i was divorced 14 years ago, and at the time was daft and wanted out of everything fast so i signed the house over to my ex. the mortgage is with cis mortgage maker, in the agreement drawn up by the solicitor at the time it said i could not…
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Have we made a mistake fixing?
Hi, we have just made an application for a mortgage for our upcoming house move. We have decided to keep our current borrowing on the +0.29% lifetime tracker we have... we need to borrow just over half again too, which we had to choose from the current mortgage range. With the LTV we have there were only 3 options - 2yr…
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mortgage advise please
can anybody please advise on below currently owe 88k on mortgage property valued at 140k house were looking at 250k could probably knock down to 230k they want to sell quickly promblems 1 husband has 6 late payments on credit check all credit cards that were payed later than due date 2 we own our own company thats only run…
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What is the best mortgage product?
Hi All, My B-I-L is interested in buying a house after many years of renting. He and his partner earn £95K pa. They have 30K in readily accessible savings, but could possibly stretch to £40K. They would like to buy a house in the region of £350K. Does anyone have any advice on what mortgage product would be best suited to…
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Will we get a mortgage???
I was hoping someone may be able to give us a bit of advice. We're looking to get a mortgage and according to Experian my credit score is good and my partner is fair. Whilst it's satisfactory he has 3 late payments in the last 12 months showing against his mobile phone contract, this has now been resolved as he has set up…
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Porting Mortgage and reserve application (and on-line gambling!)
I have a mortgage of £60k and my mortgage current account is -£90k so a total deficit of £150k. My reserve o/d limit is -£140,000 so I've not maxed it yet! (It's large as I had previously made several lump sum payments). Barclays have told me that in principal I can port both the mortgage and the reserve to a new property,…
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Moving House Without Moving Mortgage
Is it possible for me to move home without loaning any extra on the mortgage and just move it to the new house without applying for the mortgage again? The reason Im asking is that I wouldnt get a mortgage now as I have an IVA and also dont earn anywhere near the money I did when I got the mortgage originally.
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Current mortgage deal ending in next few months
Hi All, My current mortgage deal (A Halifax 2yr fix) is coming to an end soon and I need to decide what to do. I am currently fixed at 6.05% so stand to save if I make the right choices. One issue I have is the house was purchased for £235k with a mortgage of £205k. In that time house prices have dropped and I am worried…
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New build mortgage advice.
Hello, We are looking to buy a new build flat in Edinburgh and are finding it increasingly difficult to find a decent mortgage. The price of the propety is £139,995 (which has been reduced from £172,000) and we have a deposit of £28,000 which takes us to the 20% mark. We have since found out about the magic 25% ltv and…
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Husband have a charge on the wifes property?
Hi All, Does anyone know if a husband can have a charge on a wifes property? Say if a husband gave his wife a £50000 loan to purchase a property (and the mortgage totally with the wife). If the wife then choses to sell it and the husband wants to ensure that he retains the money she owed him is this possible. I believe its…
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Shared Equity Mortgages
Evening folks, I have a question please that I was hoping someone maybe able to offer a little advise on. My financial situation is as follows (I'll keep it brief!): Mortgage balance = a little over 120k House Value = £110k Unsecured Debt = around £40k Secured Debt = just short of £6k I'm currently in the process of…
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Endowment mis sold advice needed please
I had an endowment 20 years ago to support a mortgage on my first house. There is a shortfall and I am applying to the FSA for compensation as my FI has now retired. They are asking for proof that the endowment was for the purpose of a mortgage but I have no paper from that time. I have contacted the building society and…
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Do You Think We Will Get A Mortgage
Hi Everyone Thanks for reading this. My Husband and I are about to try and get a mortgage, We have had alot of money worries in the past we have been debt free for over 2 years now, But our last home was nearly repossesed 4 times ( due to a very ill child spending 18 months in hospital and me having to give up work) but…
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council tax
hello we are selling house and moving to rental house while we dont live in our house ,would i still have to pay council tax on selling home ,i dont want to be paying two council taxs does anyone know the answer
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How to recoup building costs on house purchase
Hi all, My OH and I are just about to exchange contracts on a house purchase. The Homebuyer Report highlighted a few "Urgent Matters", and we have received quotes from building companies to rectify these matters. After lengthy discussions, the vendors have agreed to pay 50% of the building costs by way of an allowance…
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Second Mortgage
My husband and I bought our house in 2006 for £81k, it is now worth approxiamtely £70-75k and as we took out a 100% mortgage we are in negative equity and do not want to sell and lose money on the house. We rent this property out for £400/month (which covers the mortgage give or take £40 for agents fees). We currently rent…
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Problem with Halifax and my Mortgage Direct Debit!!
Okay, my mortgage dd usually comes out on the 28th of the month. However Augusts did not come out, so I rang Halifax today and they are saying that I must have cancelled it or asked them to cancel it. This did not happen and we are more than able to make the payment. I phoned earlier in the month as I recieved my first…
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Abbey- How long before mortgage offer?
Hi We have had an offer accepted on a property back at the beginning of August and an agreement in principle the following day (keyed by broker). We faxed the bank statements and additional ID the following day but still we have not had an offer and our vendor is getting itchy as a valuation hasnt been done. They keep…
