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building societies or banks that deal with benefit inclusive mortgage multiples
İ was just wondering if anyone has any information as to which 'banks ' still give mortgage multiples including state benefits in their 'affordability calculations?
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Negative Equity & LIBOR rate
Firstly apologies if this has already been covered, I read quite a lot and didn't find anything. My situation is that I have a house of my own, my partner also has a house that we tried to sell last year but just didn't have any luck. Since then we got a tenant in which has given some income, but not enough to cover the…
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Santander/Abbey
Word of warning. If your mortgage goes according to plan then you won't have any problems. But if your case goes to appeal be prepared to wait for a LONG wait. I am still waiting after I made my appeal over a month ago, even after making so many complaints no one bothers to chase up or get back in contact after so many…
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mis-sold endowment
I have tried to claim for being mis-sold my endowment policy but was unsuccessful because it was sold to me by a firm of solicitors. Where solicitors are concerned you just seem to run up against a brick wall. Is there anyone who has been successful with such a claim and could you give me some advice. My circumstances are…
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Yorkshire Bank - out of the frying pan.....
I have a repayment mortgage with Yorkshire bank, had it with them for around 4 years now, moving from an endowment type mortgage that I had held elsewhere, Obviously I wanted certainty that my mortgage would be paid off completely at the end of the term, well after 4 years of paying and ten years to go and having paid…
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Overpayment query - advice please
Hello I hope someone can give me some advice please. Bottom line is , I would like to know if it is worth overpaying on my mortgage or not. If so how much the savings would be . Basically, I have a £155000 mortgage fixed on a replayment basis for the next 5 years. My morgage is based on 20 years. I pay £986 per month. I…
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mortgage advice
hi, i have a fixed rate (about 5%) which runs for another 7 years or so. i have to leave the property (moving jobs) and let it out. i wondered if there was anything i could do, obviously a buy-to-let mortgage would be interest only. i could achieve about 675pm for the property but the mortgage payments are 700. so im…
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Nationwide Mortgage Application
Hi guys I have had a mortgage approved in principal (they assessed our bank statements/payslips) after submitting all info and completed forms to nationwide. I now have sale agreed on a property and I have just lodged my full application form and P60's/last payslip etc. Could anybody advise as to what sort of turn around…
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First time mortgage application, a bit nervous about recent loan...
Hello all, My fiance and I have just put an offer down for our first home together after having rented for the last three years. We don't have a joint account together, but have in the past done a large % of our joint day to day spending and bill paying out of my account, which through this and none-too-great money…
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Another first time buyer, sorry. Help re Mortgages
Evening everyone! My wife and I are looking into our first home together after renting for several years. We're looking at properties in Manchester up to £100k, with a £10k deposit, so 90% LTV. We've found a few mortgages which we consider to be the best so far. Name: Natwest 2 year tracker first time buyer exclusive Term:…
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Cash in endowment or get a loan
Any advice greatly received as I'm not wise with financial matters. Please be gentle with me this is my first post! We have a huge scary mortgage (approx 200k) which is half on repayment and half on interest only. Since the interest rates have reduced so much we have been overpaying our mortgage by about £300pm to…
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Buying out my Ex
Hello I'm hoping someone on here may be able to sense check something for me. After a few months on the market and not that many viewings, i have decided that I will try and buy out my ex. I worked out the following sums, but would be grateful if someone would sense check this before I go full steam ahead into this. House…
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Home Improvements / Mortgage
We having an extension built on our house hopefully starting end of April, reason for the post is we're not quite sure of the best way to fund it..... Our current mortgage reached the end of its tie-in period a few months back, our IFA was keen to sort us with a new deal at the time (wanted the commission I expect ;) ) but…
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first time buyer advice
i am currently saving for a house with partner, we have around 9000 and saving 700 a month. we hope to buy a house for about 85000 and have around 11000 for deposit. i have a credit score of 680 but no default or late payments, is this unusually low?my partner has never had a late payment an good credit. our total monthly…
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Advice appreciated - first-time buyer
Hey all Thanks in advance for reading this and thanks if anyone of you reply :beer: Basically, I'm a 34-year old male in a decent enough job in London (36k per year plus a decent pension) and have never seriously even contemplated a mortgage before because of both the high property costs in London and the fact that I have…
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Partner ran off - shes on mortgage!
basically, im writing this for my partner. story is, he bought a house with a female in 2007. They both on the mortgage. In 2008 i moved in to be with him. She left and he couldnt keep up mortgage payments and got £3000 into mortgage debt as she has never paid a penny since leaving. both me and him pay the mortgage now im…
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Selecting a local broker - First Time Buyer
Greetings, I've been a fan of MSE for a long time but now its time to buy a house I've taken the plunge to post on the boards. I've read a lot of advice and information. I've pretty much chosen a house, I've done my FSA tables research for what good deals are around at the moment and I now need to look at chosing a…
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remortgage time!
hi, just wondered if anyone could offer some advice. we've got about 2 months to go on our current fixed rate mortgage and am looking to get a head start on what sort of deal i should be looking at getting next time around. we were first time buyers on a 'homes start' scheme with David Wilson Homes where they put up 25%…
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Nationwide BMR
Hi, Can anyone throw a bit of advice my way? My 2 year fixed with nationwide is up in a couple of months and i'll be moving from 6.2% to a 2.5% variable on a 140k mortgage. Is it worth fixing for another 2 or 3 years for that extra bit of security? at the moment we pay around £800 pm (as it's 40y mortgage) and this would…
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Transfer of Equity/New Mortgage
Hi all, First post here and I would like some advice. My parents have a mortgage on their property in which my wife and I also live. Sadly my mother passed away at the beginning of the year and now the mortgage is in the sole name of my father. Currently he is paying interest-only but that is due to change come September…
