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Mortgages after Trust Deed
I have recently finished a Trust Deed and i am fully aware of the problems in acquiring credit in the immediate future. What i would like to do is plan ahead and save as much as i can over the next 2/3 years. I approximate between £8k-£15k savings. Being honest i was an absolute fool when dealing with my finances and…
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My first mortgage
[FONT="]I’m buying a house with the intention refurbing and reselling a few years down the line.. up to 5yrs. The purchase price is £80k, I have a deposit of £10k. Annual earnings are £25k. No outgoings. Iv done a search on Money Supermarket with a term of 25yrs. Cheapest over 5yrs that returns is:[/FONT]…
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Homebuy Direct - RBS Mortgage
Hello, I was hoping for some advice please. This is my first ever thread so please forgive me if I yabber on :p . My husband and I are in the process of trying to buy a property under the HBD scheme. The story so far... We were approved for the scheme and just had to find a property. We have now found a property and 3…
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How to get a Mortgage while I'm Temping
Hi, Myself and my partner are looking to buy a house together, I'm currently renting, mt partner has 2 properties both of which he is wanting to rent out. We have found a nice house but I'm worried we wont be able to get a mortgage on it as I work for a temping agency, I always have work this way but I'm never in the same…
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selling existing house - legal problems
Hello, I have recently been in negotiations to part exchange my house with Barratts and there is a problem. My terraced house used to be one big 4 bedroom terraced house and was re-developed in 2, 2 bedroom terraced houses with seperate addresses. Planning permission was obtained as was building regulation approval, the…
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MSE News: Christmas mortgage overpayments could save you hundreds
This is the discussion thread for the following MSE News Story: "Borrowers with a mortgage where the interest is calculated once a year could save hundreds of pounds by overpaying in the next two weeks, brokers insist ..." Read the full story: Christmas mortgage overpayments could save you hundreds
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First time buyers, can we do it?
Hi guys, Me and my fiance are really wanting to buy a house (prob 2 bedroom), but we live in a ridiculously expensive area (surrey) and from having a look what we'd be after costs upward of £200k. I am a self-employed dental hygienist earning roughly £36,000 a year and my fiance works in a restaurant and earns about…
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Advice with 50/50 Split Mortgage etc.
Hi guys. I'm thinking about buying a house with my brother. I would live in it, but it would be mainly as an investment for both of us. However, we're not sure how we can split the mortgage with regards to payments.We want to do a 50/50 split in terms of ownership but have different amounts of capital and we want to do…
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Re-mortgage or Secured loan which is more likely to be accepted??
Hi all thanks for taking the time to read and reply (if you do) Please bear with me cos I really do find it hard to get to the point most of the time lol!:rotfl: Okay, our fixed term mortgage period ends at the end of January 2010 (only just remembered!) so obviously we need to sort a new deal out, just while we are in the…
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Am I likely to get any kind of mortgage? Please help.
Hello I have been posting elsewhere regarding my situation, but I am hoping that someone out there may be able to answer a question for me. I have just seperated from my partner (we were together 19 years but never married) and we have two small children. I am really panicking. I need to know what sort of mortgage I may be…
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problems x20
Hi, I was recently made bankrupt, I own a house with my partner and it now has negative equity to the value of £20k there is also an attachment to the property for a car i had from a dissolved business to the value of £28k. Here is my dilemma how do i get out of the house without my girlfriend becomming liable for the…
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Advice
I am just looking adivce with this post. I have a £270,000 mortgage which I have only ever paid the interest on. The house is worth around £330,000 - £350,000 and with current house selling being very slow it would probably take a while to sell. I am in Northern Ireland just to add. If I miss payments and the mortgage…
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Split Up with Girlfriend - Joint Mortgage
Hi All, Your advice in this difficult time is much welcomed. My other half and I have broken up and she has moved back home with her folks. We have just recently bought a house worth 115k with a 10% deposit. Its a joint mortgage with Britannia and I was wondering what my options are from here. I have said I will pay her…
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Re-mortgage advice please
Hi, This may be a simple question but seeing this is the first time of remortgaging I wanted to ask anyway. I will have to remortgage in Aug next year due to my 3 year fixed rate running out. When I took out the mortgage just over two years ago it was at 110% of the house value (due to the market being quite active). My…
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Temporary employment and getting a mortgage
I wonder if someone could give me an answer here. I am a 46 year old man in the position where I am separating from my wife and I now have the task of looking for a property for myself. My position at the moment is as follows. I currently have a joint mortgage with Barclays on the family home which has always been paid…
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Credit & IVA's
Sorry if this has been posted before, but about 4 years ago we started on the slippery slope of getting an IVA (due to a failed business). This was paid off in full 2 years ago and we have written to Experian et al to update our records. We have also gone on the electoral roll where we currently rent, and in Jan 10 we will…
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Adding debts to a mortgage
Hi All, Are the days of adding debts to a mortgage done and dusted? We have around £12k of debt at the moment and bought our first home in december 2007 on a 100% mortgage. Do you think we could add these debts to the mortgage? I know the reasons why we shouldnt do this in terms of paying alot more in the long run but we…
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Relationship over- joint mortgage- my options?
Hi to cut a long story short I have a joint mortgage with my now ex-partner (Halifax, repayment 5 year fixed, 20 years, 17 left £58,776 outstanding £463 pcm house value approx £210,000) I am in a financial postition to take the morgage on as it stands but would prefer to consolidate some outstanding credit cards etc to…
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mortgage payment holidays
Hi does anyone know anything about taking a mortgage payment holiday i.e. does it affect your credit rating?, what are the normal criteria for acceptance and does it change your payments once the payment holiday is over? thank in advance.
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Northern Rock Together Mortgage Payment Breaks?
Hi Guys I have a Northen Rock together mortgage which I have been paying since 2006, I have had previous payment holidays, my last being 8 months ago. I have had a reduced pay packet this month (due to being off work ill for 2 weeks). What is the likelyhood that NR let me have a payment holiday a month early (as I am…
