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bad credit + mortgages
Myself and my partner split up this year and I moved out. The mortgage company say he's not paid the mortgage for 2 months - he says he has. Can anyone tell me if I can renounce any claim on the property to stop my credit rating from suffering anymore? And how hard will it be for me to get a mortgage in the future? Thanks…
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But to let
Hi all, I hope everyone is well. I am looking to remortgage on my main residence but get tenants in within the next month or so to pay the mortgage off. My only option is the buy to let but will banks allow me to remortgage the property to release funds to help my parents out? The rental income will easily cover the…
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Does anywhere offer 95% mortgages??
I am desperatly wanting to sell my house to purchase a bigger house but i Can only afford a 5% deposit. Does anyone know of anywhere that offers 95% mortages. Paying the morgage is not a problem i just dont have enough equity in my current house or spare cash to afford anymore than 5% Any info is appreciated, thankyou Scott
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Mortgage 6 years after Bankruptcy
Hello Once the bankrupcy has droped off of your credit file how can mortgage companies find out you have been bankrupt in the first place? Are you legally bound to disclose this?:confused:
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FTB Looking for general advise, do my sums add up?
I must say I actually first registered on these forums due to debts, I have never had a problem paying debts so have no problems on my credit file. Basically me and my Financee which to enter the property market (we are both 26 for information) Our Net incomes are £1250 and £1000 so of course a Net income of £2250. We are…
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Problem selling leasehold flat with 76 years left on lease!
Found a private buyer very fast but their lender saying they want minimum of 70 years on lease. This has spooked the buyer who for some reason want to stick to tha lender in question. Is this length considered to be a bad lending risk? Do all lenders have the 70 year rule? Are there other lenders that can offer the money?…
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First Time Mortgage
Hello, My wife and I are looking for a first time mortgage. We both earn a decent wage, and we have a few outstanding debts but nothing major. However, the main issue is that we both have a far from perfect credit history (no CCJ) but several missed payments and a couple of Default Notices in the past. My questions are....…
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nearly there, how long for mortgage funds?
Hopefully exchange today, but how long does it usually take for the mortgage company to send the remainding funds so we can complete? The mortgage company is RBS, and my solicitors got my deposit today. cheers new
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The life after CeMAP...what next?
The life after CeMAP and CeFA is gloomy with many of the employers are not looking to recruit inexperienced trainees anymore. Countrywide was the best hope for many but they say they are not recruiting trainees without an experience for a while. Co-op bank is recruiting trainee financial advisers and could be the only…
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Fixed rate coming to end - when to remortgage?
Hi all, myself and my partner bought our house nearly tow years ago now so our 2 year fixed rate deal will be coming to an end in jan. It's with ge money so we'll be moving onto their svr if we don't remortgage. Can anyone give me an idea of when to look about remortgaging(if that's what we should do) - or should we have…
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FTB schemes
Are there any available that do not include buying a new build? I am hoping something like me putting 10% deposit down and getting an interest free grant of sorts for a further 30% or so, repayable after a few years. The only schemes I have seen that do this are all for over priced new builds that seem to be there to help…
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Proof of buy to let mortgage
Hi There Im just about to go to my bank and finalise my new mortgage - they havent asked at all if I have a buy to let mortgage (I dont) Im not sure if Im going to let it out as I want to sell it (have equity in it) I called my mortgage company and they will not allow me to let anyway so I couldnt obtain that anyway So....…
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Buying House - Need to Swap Direct Debits to GF's Account
Didnt really know where to post thism but seen as it is to do with me getting a mortage then I thought here: Basically to balance things out between me and my girlfriend the mortgage is going to come out of my account and the bills direct debits out of my girlfriends. The problem I have is that the direct debits currently…
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Best mortgage for property in Turkey?
Hi, My fiancee and I are looking for a mortgage to get a property in Turkey. We were only looking for between £35,000 to £60,000 and we would be first time buyers. I have looked at sites on the internet, but am unsure what ones to trust and what not too! I have a few questions if anyone in the know could help me with? -…
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how much of your income is your mortgage
Hi I am currently saving for a deposit but I worry about how much of my current income i can assign to paying for a mortgage.# So just wandering, what % of your total monthly income do you spend on your mortgage?
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Getting a second mortgage
Hi all, After a bit of advice please. My name is currently against a mortgage yet I don't pay anything towards it. The mortgage is for about £160,000 and is a joint one with my ex. The ex isn't in a position to buy me out and couldn't get a mortgage for the amount needed by herself so we had a separation agreement drawn up…
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Second property - type of mortgage
Hi all, We are considering the purchase of a second property (jointly with another couple). The primary motivation for the purchase is to have a holiday home (looking to purchase in a Cornish seaside location) that we can use throughout the year. We are considering whether we might also let the property out when we are not…
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Tracker ends ...
I was lucky to pick a tracker 2 years ago which has meant for the last 10 months I've been paying £50 on an Int.Only loan of £136000 on a property value £240000 - this will end Dec09. I want to get back to repayment but it isn't looking good. What can I afford, well around £700/mth BUT the fact that a third of my income…
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what are my options ...
I was lucky to pick a tracker 2 years ago which has meant for the last 10 months I've been paying £50 on an Int.Only loan of £136000 on a property value £240000 - this will end Dec09. I want to get back to repayment but it isn't looking good. What can I afford, well around £700/mth BUT the fact that a third of my income…
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Any mortgage advisors? Where to from here please??
My wife late 38yrs (self employed with 5 years accounts plus director of profitable limited company with 1 years accounts) and I 45yrs (employed by limited company) have applied jointly for a mortgage with Abbey through the Alliance and Leicester as a) I understood that they were currently taking a more "relaxed" view to…
