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Divorce Mortgage
Hello I am new to the site. No divorce as yet but my husband and I are splitting up. We have a young son and at the moment, although I have a good job, I only work part-time. We have a joint mortgage and the current lender says on my salary I could only borrow £40,000! Not going to buy much with that! I have heard about…
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Broker has anyone any used london and county
We need to use a broker as have had a declined mortgae application has anyone any experience of using london and county as recommended by martin lewis or know of a fee free broker in the west midlands area. We need to avoid someone who will do loads of credit searches and can look at our individual case.
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Grrrrr @ morgages
Right , my morgage is due to go out this week on the same day hubby gets paid . I usually have a buffer zone to cover the morgage payment . However due to unforseen circs this has been depleated a little . Have contacted morgages and they say they request it to go out on the last day of the month.. Usually it doesnt , but…
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Mortgage to fund a business
Hi there, Haven't posted for ages but would appreciate some advice if anyone's willing. I am currently in a lucky situation as I own my house outright due to a small inheritance and am currently working part time to pay the bills. However, I have recently come across an opportunity to purchase an existing business doing…
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Re-mortgaging for short period
My daughter aged 34 will reach the end of her fixed 3 year mortgage at the end of this year. She is with Northern Rock. However she wants to sell her flat early next year as, although no date has yet been fixed she intends to be married next year when she will move in with her husband into his house. She therefore will…
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When can I start looking for a new deal?
My current fixed rate comes to an end in the middle of December...when can I start looking for a new fixed rate? Thanks in advance.
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What will IFA produce in place of P60?
I have just received a mortgage offer, and the lender has asked me and girlfriend to produce bank statement, payslips and our P60’s. My girlfriend has only recently started working, so has no P60. The lender has advised me to speak to my “mortgage intermediary” Does anyone know what other documents he will provide in place…
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mortgage with guarentor
hiya situation is we have a 2 bed house £65000 mortgage house valued at £120000 2 kids and one on the way so no space at all need to move. Difficulty is on a dmp have a few defaults. My parents who have paid there mortgage off there house is valued at £180000 they have said may be willing to act as guarentee if we want to…
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Legal Fees
How much are legal fees (I live in Scotland) just to purchase a house? Does anyone roughly know? I have been quoted £500 plus VAT plus extra costs! It's the extra costs that are worrying me! My house purchase is £68000 so no stamp duty! What other costs are there?
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FTB 5.99% 5 year fixed advice needed please
Hi all, I put in an offer on a property yesterday and was accepted today. I contacted a solicitor and afterwards went through the mortgage application over the phone the mortage is with Natwest and is the 5.99% 5 year fixed FTB deal, no arrangment fee and we have to pay the £275.00 valuation fee. I passed the initial…
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mortgage for moi
Wondered if anybody could advice me before i go to the banks. I failed to get a mortgage in january .. had almost 40 k but my wages =21 k a year. and the property i wanted to buy was 240.000. i Own a small company so0selfemployed. I just did my company anual return and set wages at 44.000 a year.. deposit 35 k and stil…
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Thoughts on fixed rate mortgage
I'm a first time buyer currently looking for a place to buy at the moment. I'm looking around the 120k mark, based on having 20k deposit and a 27k salary. One mortgage offer I'm quite interested in is a 4 year fixed rate from Abbey. What seems to be the general opinion on where rates are going over the next few years? The…
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Getting another mortage after repossession
[FONT=Verdana, Arial, Helvetica]Due to financial difficulties and us entering an IVA, we are now about to Voluntarily Surrender our home to the Northern Rock. My question is the long term affect this will have, as it is classed as a form of re-possession. We can cope with renting whilst in the IVA for 5 years or so but…
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Mortgage Advice
I am coming to the end of my current 3 years fixed rate and I have spoken to my lender and they are offering me these: 2 years fixed rate at 3.99% with no arrangement fee apply (you pay back £1.54 for every £1 borrowed) 3 years fixed rate at 4.24% with £599 arrangement fee (you pay back £1.55 for every £1 borrowed) Which…
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Auction
Hi Another option I have is to sell at auction. 1. How much is the up front fee (payable sell or not) 2. How do I find details of a local auctioneer
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Reclaim Mortgage Hidden commission Charges
Guys Have you heard about claimimg hidden charges with regard to mortgages. I was told that if you have hired a mortgage broker there is a chance that we could claim hidden charges as most brokers do not disclose to us how much they are getting as commission. Its wrong for them not to have disclosed to customers first…
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Mortgage Current Account Reserve - Any Experience ?
Hi, Does anyone have any experience of a 'Mortgage Current Account Reserve'? This is basically a secured overdraft facility on a Mortgage Current Account for additional borrowing where you can borrow up to say £20k. The Mortgage Current Account Reserve works like a normal current account overdraft with a debit card and…
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FTB advice needed
Hi, I'm currently saving for a deposit and am looking at having a 10% deposit in around March time. This is going to be my first house, so I am not looking for anything too big as it is just be on my own. Prices for 2-3 bedroomed terraced houses which have been modernised range from between £85-105k in my area so I am…
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any best time to pay off repayment mortgage
Hi guys I have a repayment mortgage with nationwide and am thinking off paying it off. Question is, is there a good time of year to pay it off, or is now ok? The mortgage is usually reviewde once ayear when payments go up or down. In january. Also Nationwide advised me to keep a pound owing so they keep the deeds and I can…
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Reclaim Mortgage Default Charges
Hi Guys I have noticed all banks charging very unfair and unproportionate amounts as charges and/or penalties for default mortgages. Sometimes they send a man and charge us £100. Thanks to government under the new government guidlines to banks and mortgage institutions they cannot commence legal actions till 6 installments…
