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Mortgage with three defaults
I'm looking for a bit of advice, long story short after loosing my job ~5 years ago I ended up getting three defaults on my credit file. I'm now working full time and have been for over two years. I need to move house as my OH is expecting our first and our current house is too small/no central heating/no parking nearby.…
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Getting a Mortgage after Bankruptcy
Hi, I’m not sure if anyone may be able to offer me some advice on a mortgage? We have been renting a flat for 3 years now and from what we have been told we think we may be able to get a house for not much more than the £800 we pay out on our rent each month! However, we have both been bankrupt in the past. We obviously…
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Chances of a mortgage with poor history but large deposit?
Had been struggling financially for a while and things did get quite bad 3-4 years ago (lots of nasty letters, a few defaults, repayment arrangements made etc, no CCJs) but managed to turn floundering at the deep end into, I suppose the most suitable analogy is swimming with a lifebelt - no fear of drowning but not able to…
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New Member looking for as much advice as possible R.E Repossession & Debt ...
Hi everyone, I have just discovered and joined this site, I am not sure if I am in the right place but can't seem to find a forum specifically about repossession and/or bankruptcy - they all seem mixed in together - so apologies if I am in the wrong place! You really do think you are the only person in the world going…
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Good SVR
Our mortgage is currently dirt cheap, something like 0.75% above BoE for the entirity of the mortgage term. Supposing interest rates do stay low for 3 or 4 years as some suggest, will lenders like the Lloyds TSB turn around and refuse to honour our low rates? Can they do that? Also, if my SVR rate is historically low and…
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Abbey Mortgage
Hi I was wondering if you kind people could help me with a situation I have, my father took out a mortage over 20 years ago with national and provincial. The mortage is interest only and we have been paying interest off during all this time. I have come to learn that I can change the mortage to a capital repayment mortage…
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what happens when my deal comes to its end???
hi my partner and i have just brought our first house, our mortgage lender is natwest, 90ltv, 5 year fixed @ 5.99, the house cost 150000 with 10% deposit leaving us borrowing 135000. the property we brought was a wreck and we have spent money renovating it, now is is complete the house is worth approx 170k possible more…
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Adverse Credit Mortgage
Hi, I have one default from around three years ago on a credit card. I have two loans, with no missed payments. The only blot on my record is the default. Is there any possibility of getting an adverse credit mortgage around the end of 2010? I appreciate there is no crystal ball, but I know there are some people on here…
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First Time Buyer - Offset mortgage?
Hi, I'm a first time buyer looking to buy early next year - I have £1800 monthly income with a student loan (£120 month) and looking for a mortgage. I have a family member with savings (25K) who will help if I choose an offset mortgage. Is an offset mortgage a good idea for a first time buyer - according to some research…
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Mortgage for older people
I am 55 and my husband is 60. We own our house in France( no mortgage, no debts) but have no property in the UK. We want to see if we can get a mortgage here to buy a place for our return visits Any advice as to who might give us a loan and best options avaiable.
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Advice for morgage
HI I am currently an assistant head, and im 26 years old. i live with family, but i want to get my own flat, but i want to own it, im just seeking advice on what im best doing, like who to speak too, what i will need, sorry for going on just need help
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old mortgage still going!
my ex husband and me bought a house about 20yrs ago for £39.000 but the roof needed fixing and we couldent afford our mortage and went into rented accomodation. We then gave back the keys to homeloans selling it for the same price £39.000 but they fiddled us and sold it for half then said we still ow them £15.000. we saw a…
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Self employment
I've been self employed now for nearly 2 years but have realised I haven't told my mortgage company this. I've maintained payments all the way through What are the ramifications if I want to remortgage or move house and haven't advised them? I'm thinking of moving but have heard that mortgages for the self-employed are…
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Young couple need advice, First mortgage
Hi Everyone, Me and my Girlfriend (22 years old) are going to try and get on the property ladder as our New Year's resolution. We're currently renting a small flat but our money is going nowhere. Our combined income per month is approx £1700 and our outgoings are about £1100, We have £1000 pounds in savings but if we…
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mortgage after trust deed (scotland)
hi there just wondering if some one could answer my question. I entered into a trust deed over 3 years ago due to debts and i have now been discharged, what I want to know is my husband is wanting to remortgage, (only in his name at present), to joint names. We recently got a "joint" loan, in both our names, from our bank,…
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Home Selling/Mortgage Advice needed/sellyourhouseforfree.com (?)
Hello, Last year I lot my job and was offered a new one with a different organisation in another part of the country. I was then given leave to work in a more local office until my house sold. It's been almost a year now and the house is still not sold and I'm being put under some pressure at work about it. Anyway, I…
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deed of postponement
Hi, my home which is mortgaged has a second charge in the form of a secured loan. I am currently trying to remortgage and the new lender has agreed to the new mortgage of 190,000£. My current mortgage is 170,000£ and I have asked for extra 20,000£ which have been agreed. Currently, the house worth 275,000£ and this figure…
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Good mortgage candidate but address 'issue'. Please advise!
Currently hunting for my first mortgage as a first time buyer. Have very solid salary and 30% deposit, good credit rating, can move shortly etc. My financial footprint is at my parents' home address as I've had a number of different rental properties over the years. This has been the basis of rejecting my mortgage…
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Need help with interest only mortgage...
Hi, I have an interest only mortgage of £36,000 which will finish in Feb 2012. I also have endowment which will mature at the same time but will only provide about £16,000. As you can see there is a big shortfall there. I complained about the mis-sold endowment and received a compensation of around more then £10,000. The…
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Surrendering Endowments - what next
I am seriously thinking of cashing in my endowment policies to pay off debts. This would leave us near enough debt free. The endowments are no longer linked to my mortgage and I was using them as a savings/pension plan. So my question is, with the money we have been paying into these endowments, we plan to put into some…
