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deposit loan
Now my wife has started work after 3 years off we can easily afford the repayments on a bigger mortgage for a house around 180k but don't have a deposit. Any thoughts on getting a personal loan for the deposit and an interest only mortgage for the same duration of the loan repayments
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How soon can we apply?
Hi all, I have put a similar post to this on the "House Buying/Renting/Selling" forum - I hope it's okay to have it on this one as well. Hope you can help me out as I can't find anything on any "advice" websites! My partner and I are looking to buy our first house this year but we would like some advice on what…
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Accord motgage advice
Hi, can anyone tell me about accord mortgages are they a good company? Are they less strick on scoring than abbey?
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4x Income Mortgage 90% LTV - possible?
Im a FTB with no loans/credit cards and have a good credit score with both Equifax & Experian. I've seen a house for £150k, i have 10% deposit and earn £35k so how likely would i be able to get a mortgage for £135k? Am i dreaming? :think: I could borrow a further 5% off my parents but that would really stretch my budget…
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porting mortgage like for like
Hi could someone please enlighten me to what it actually means to port a mortgage. I currently have £40000 left on my mortgage, and found a property for £27000. Does it mean that the £40000 is paid towards the amount leaving £230000 to pay. (does this make sense?) Please please someone put me out of my misary and explain…
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Mortgage
Hi all I have been given the opportunity to buy in Spain and therefore approached my current mortgage lender. Can anyone tell me if it is possible to Barter with them about rates/fee etc:wave:
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Mortgage
Hi all Have the chance to but a small apartment in Spain and have visited my current mortgage lender. Can anyone tell if it possible to Barter with them about rates/product fees etc
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Who is responsable for the interest
Hi all Looking for some advice on my morgage. For the last year i have been paying the same amount each month on my morgage. when i was looking at my loan aggrement and in the interest section it says (a) Interrest on the loan shall be charged at a rate which is equivalent to 1.5% per annum above base rate. As at the 11…
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downsizing, porting, ERC and paying off debt with equity
deleted thread
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lending criteria
2 years ago I remortgaged from the halifax to yorkshire bs. My home was valued 350000, I earned 27000 and I borrowed 70000 over 7 years. Due to credit card companies hiking my interest rates I want to raise 25000 from my equity to get rid of my credit card debt. Obviously my initial thought was to go with my current lender…
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Transfering Mortgage/House
I have a house with a mortgage at present that I let out. The problem I have is that I am concerned about my business failing in the future. I have a personal guarantee in place on my business for £120,000. Whatever happens I never want to lose the house and I wondered whether it would be possible to put someone else on…
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Naive Mate
A friend of mine bought a 75K flat with a 15K deposit. Hes spent around 6 or 7K on a new kitchen, decoration, heating, power tools, etc His girlfriend moved in with him when they got the keys and although shes not on the mortgage we have said he should have something in writing to protect his investment as they have only…
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Mortgage redemption payment options
Brittania BS have sent me a mortgage redemption figure which they say should be paid by CHAPS transfer on the 8th September. I don't really want to have to spend another £25 for the transfer. Do you think I would be able to pay by personal cheque in a branch a week or two before?
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Is a placement year salary included in mortgage?
Hi My partner is on a years work placement in the middle of her uni degree. She is on placement until September this year and after that will go back to uni for another year. WHile at her last year at uni she will still be earning from a part time job she has had for years, although not just as much as what she does at the…
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Help needed to get a remortgage with additional borrowing for self employed !!!!
Our current situation is as follows - Mortgage outstanding is £104k with value of property approx £210k and we wish to borrow an additional £65k in order to build an extension - planning permission etc is all in place Both my husband and I are self employed and although we can produce 3 years accounts from a chartered…
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splitting my mortgage
Hi, my current northern rock mortgage is 104k on a 90k house, split in a secure loan of around 86k and an unsecured loan of around 18k. Mortgage period has ended with northen rock so I am floating on their current rate! I am looking to pay down the 86k side so a remortgage on this becomes more possible, maybe to around…
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Mention the girlfriend or not?
Hi all :) I made a thread last week with a few mortgage queries but can't seem to find it now! I know one person had replied with the answer to one of my questions but there was another than I am wondering what to do about. I have around £10,000.00 saved away and am looking at getting myself on the property ladder some…
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over payment
hello there, i have a fixed rate mortgage and it is soon up for renewal, anyone know if it is better to overpay my mortgage (currently over 20 years) or go for a shorter term eg 10 years which one pays off faster and or saves interest:o
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Buying a flat for mother-in-law!
Hi guys, I'm after a bit of advice really, wasn't sure which forum to post this in but it does relate to mortgages so I ended up here. My mother-in-law (mid 50's) is currently in a housing association flat and struggling to pay her rent & bills (she has low income and is divorced with no-one to share bill costs with) We…
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Downsizing and Porting
My current house is not too convenient for work and I would lke to move area, the area I am looking at has cheaper house prices. My existing mortgage was on 100% LTV and I should just recover costs from sale. I have funds for the house move and my existing borrower can lend 95% LTV on a porting basis. However after talking…
