-
Mortgage for Applicant on Income Suport
I am on Income Support, Incapacity and DLA. Income Support pays the interest on my £30,000 mortgage direct to the lender. I am now looking for a new mortgage at a reasonable rate of interest. Can anybody suggest a mortgage supplier who would accept my circumstances.
-
need 6 x my salary!!!!
I'm just coming to the end of a 2 year fixed self cert mortgage , and not sure what to do now . salary £28000 , mortgage £139000 , house value £215000 The self cert suited at the time as it was needed for a speedy divorce settlement,but not sure it was the best thing in the long run. As I assume self certs are not so…
-
Product fee (chargable twice?)
Currently going through the process with Natwest mortgage at the moment and would like to know if they would charge the admin / product fee twice. Natwest has already charged me product fee + surveyors fee on a property which I was initially going ahead with but I decided it was not right for me and decided to go with…
-
woolwich mortgage interest rates
Hi Guys ! my first post! My Woolwich discounted rate has just run out, the contract says it will revert to Barclays base rate currently 0.5%. they have not written to me to confirm revised payment details and are being cagey on the phone, was told verbally a new payment amount much the same as before, but would not or…
-
MSE News: Lenders loosen the noose to bag top mortgages
This is the discussion thread for the following MSE News Story: "Mortgages lenders are making it a little easier for those with smaller deposits to get a cheap homeloan, according to brokers ..." Read the full story: Lenders loosen the noose to bag top mortgages
-
hsbc morgage advisor !
As i bank with them and they do a 10 per cent deposit mortgage i headed to bromley hsbc today with 3 years accounts of my company , payslips, bank statements etc. I tried in january and was told since i didnt have the 3 years account then no chance for mortgage. Just done my company's anual return yesterday and was too…
-
overpaying an interest only mortgage
Can someone point me in the right direction where to find a table to show how much i would save by overpaying on my interest only mortgage? I want to pay a minimum of £200 a month on an outstanding mortgage of £105000. I understand that i would be making over payments on the capital of the interest only mortgage. If such a…
-
What is the maximum mortgage someone might lend me?
If I had an annual income of £15,000 and a deposit of £20,000-£30,000 what is the maximum I might expect to be leant by a mortgage provider? Are they only lending 3-4 times income or is more still available if you shop around? I'm in a bit of an odd situation at the moment and this is all theoreticals really at the moment…
-
Mortgage Advise
Can anyone tell me if its possible to ask my current mortgage provider to provide me with a secured loan to pay off another I have with Firstplus. Any advice much appreciated.
-
Woolwich 1 Yr Step Tracker
Does anyone know if there is a minimum amount that you can borrow on this deal? My broker says the amount is £200,000 and so she has applied for the slightly more expensive lifetime tracker deal. Woolwich representative in an online chat says there is no minimum amount. Thanks
-
HSBC Mortgage contract
Hi there, I'm remortgaging with First Direct. The mortgage contract has come through to be signed. One of the clauses states that any debt I owe now or in the future is automatically secured on my house (ok ok their house!). So if I default on a credit card they can reposses my house. Is this common amongst lenders? i…
-
Buy to let mortgage
Hi (hope this is in the right place but i guess someone will move it if not) we have a BTL mortgage with Northern Rock and the deal ran out last dec and we are looking to move it else where (long hard struggle) The amount is about £100k on the mortgage and the value of the property should be around £145k (or shall i put…
-
Less than six months in current employment
Hi All, Bit of advice needed (why else would I be here?). Are there any mortgage lenders who will lend to someone who has not been in their current job for at least six months? My wife and I have relocated from Gloucestershire to Hampshire due to my starting a new job in June. My wife finished her last permanent job at the…
-
Should my mortgage broker do this?
Hi everyone I arranged for an IFA to come to my flat to advise on a mortgage. He has made two visits and I am a bit unsure after the second; I have answered all his questions but on giving me back the paperwork some of the figures and answers are not as I answered them at all. In fact they appear to be figures that would…
-
Stick with variable or go to higher fixed rate?
My two year tracker mortgage is about to come to an end, and with the base rates being so low my repayments are around the £350 per month mark. However because my house has decreased in value I'm in negative equity, so shopping around for a new lender isn't really an option, so I'm having to choose between the following…
-
Overpaying a mortgage?
We have 3 options for us to choose from and have no idea what to do.. We have a shared ownership house and currently are paying off our % of the mortgage the rest we pay in rent..we were going to buy another chunk but the prices were iffy and so we left it.. Option 1 was we rung our mortgage providers who said we can pay…
-
Mortgage separation...split with OH
:confused: Looking for some advice... I'm separating from my boyfriend and we have a joint mortgage. I want to keep the flat and take on the mortgage and he is moving out. :cry: I finally got round to calling the bank to see what my options are (only took me 8 weeks!). They were really helpful. Current offset mortgage is…
-
Sisters previous CCJ & bad credit history. Is it impossible to get a £100K mortgage
Hi all I suppose I half know the answer to this, but hey, nothing lost. My sister is 40 years old. Previously she has had bad credit, including 2 CCJ's a couple of years ago (Council tax & council rent). She has now got herself sorted and is currently paying back her arrears alongside her existing council rent & existing…
-
Advice re Mortgage Offer
Hi all, Been trying to get a mortgage for a while now, (I have two defaults: 1 settled £100 and 1 due to drop off in Feb 2010 £500) We got the advice of an IFA, and he placed us with two companies - Birmingham Midshires and Beacon. The B Midshires deal wanted to see a large deposit we didn't have, and the Beacon one was a…
-
Credit delayed to Mortgage
Recently I have noticed that my payment for my mortgage has been leaving my bank account on the 1st of each month (sometimes the day before if its a weekend) but has not been deducted from my mortgage amount until nearly 24 hours later. As both accounts are with Halifax and I am paying about £20 interest per day I was…
