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Accepted for mortgage but further checks?
Hi there Just a quick question and sorry if I am being silly We have just been accepted for a mortgage with Nationwide but not yet exchanged and moved in. Now my credit cards deal is about to run out and the card has a balance of 100 pounds which I will pay off and cancel the card. If I apply for a new card thus creating a…
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Multiples advice
Hi, I don't know where to go for advice. My partner and I own our home (almost paid off) and have no debts. We have savings, an emergency fund and a bit more. However we have an expanding family and need a bigger home. I feel that every move we have made has been very conservative financially. This is great because on the…
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Am I wasting my time?
I currently have a mortgage with Scottish Widows bank and have just signed up for another two years on a tracker mortgage. My current mortgage started at £105,000 and now stands at approx £97,000. I have recently seen a property I want to move to which has been dropped in price to £265,000. I am interested in finding out…
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FTB - mortgage advice with old defaults - please help
Hi there, Hope you can help. I'm a single FTB and have found a development I'd like to buy on. It's with Gleesons and they have their own scheme for FTB's. I've the 5% deposit required for the scheme so that's all okay. However, many years ago I was bad when it came to money (very bad in fact) and sorted out an IVA (in Jan…
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self cert mortgages?
Hi, Just a quick question? Do self cert mortgages still exist, and if so have they changed at all? Thanks
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Standard Life Bank being sold to Barclays? What would happen to mortgage customers?
Hi, About 8 months ago I posted a thread on here about how uncompetitive Standard Life were being with their mortgage products and how frustrating it was being trapped with them as my equity was probably too low to move. It seems now that there is a lot of coverage in the press about a possible takeover by Barclays as…
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Porting with C&G + borrowing more
I'm looking for some porting advice, I've read some of the threads on the forum but not found any that answers my questions and I've not had a chance to get through to C&G yet. We're about to sell our house for £62,000 which has a £30,000 mortgage left on it. This is on a 0.17%+BoE base rate, so currently a very attractive…
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remortgage or not to remortgage???
My 5yr fixed rate mortgage is due to expire in August 2010 (4.89%). 1.Should I redeem now and pay the penalty and benefit from a cheaper variable rate before fixing again? 2. Redeem and lock into another fixed rate? 3. Or just wait until the fixed rate is up? Just feel I'm missing out, but is it worth the penalty?…
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Sued for breach of contract
I am looking to hear from anyone who has actually been taken to court for being unable to complete the purchase of a property due to being unable to secure a mortgage?:confused:
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Problem in 3 years.
Hi, hope i can pick up a little advice on here. I'm just currently separating from my partner and am hoping to take on the mortgage which has £103000 outstanding. The problem is that being self employed my average net profit for the last 3 years comes in at only around 10k which isnt too good (my ex partner was a teacher…
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What do I do - 2 year Tracker at an end
My current 2 year tracker deal ends this month. The house value is £110k Outstanding is £42k (currently on 15years payback) Previously paying £252 per month (1.09%) I could pay more. If I do nothing I will be moved to the Standard Variable rate (3.5%) paying £297 per month. Many thanks in advance.
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Income Multiples/maternity/buy to share
Hi all looking for some advice. Salary 36k and 24k (although now on maternity), looking to borrow 170k with 50k deposit. house value 220k. currently have one a/c, and not sure if they will lend us the 170k needed as under impression they now only lend 75% ltv, and doesn't look like our income mulitiples fit. So question is…
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Is it worth waiting to pay down credit cards?
Last Friday, I was about to pull the trigger and ask my IFA to make an application on my behalf for a mortgage with Halifax. He has told me that, provided you get an 'A' pass on the credit check, and have a LTV of 75% or less, they will fast-track an application. I also believe they'll offer something pretty close to a 5 x…
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Endowment monies recd from L&G
Hi Wondered if anyone can help? A few years ago we recd 3K from recd from Legal & General for miss selling through taking out an endowment mortgage. I have been looking through my previous mortgage statements & can't see the monies anywhere, even though I am sure we recd it. Should the money have come off the capital or…
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Free House selling website - includes photos
Not sure if any of you have heard about Sarah Beeny's new website 'Tepilo.com'. We've posted our house for sale on it and its really good. You can put as many photos on it you want, plus a floor plan, and details (including measurements) about all the rooms. And there's even a draw to win a visit from Sarah Beeny!! Martin…
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Moving mortgage offer to different house
Hello, I wonder if anyone could offer any advice. We went through a very long mortgage process with Abbey and after getting the mortgage valuation decided not to proceed with that house. We want to go after a different house and wondered if it is a simple process to use the mortgage already in place on a new house,…
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how much a month?
hiyas, im just wantin a very basic calculation of how much per month a morgtgage of 250,000 would be.. jsut very basic to give me an idea.. probable be over 25 years thanks
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Advice please :)
Hi folks, Is it possible to get a mortgage as a sessional worker? Partner is looking to purchase a property - FTB. Working for a local authority - hours not guaranteed but has been working full time hours plus every week for the past 2 years. Earning approx £28,000 per year. Is looking at properties around the 100k mark…
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Mortgage Help Needed
Can anyone help with the following - I am desparate. My mother died a few months ago and left a house with a mortgage of 38k still owing on it- I would like to move in and "take over" the mortgage but have around 28k of unsecured debt and my early applications for mortgages are unsurprisingly being declined (I have been…
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Abbey application - worried about reports of delays on forum
I'm a bit concerned about the threads I've read on here recently reporting delays and disasterous stories about Abbey. Our situation is that we own outright our flat. We need more space (for daughter, because I am now working from home and need her bedroom basically). We don't want to move to a bigger place, we down-sized…
