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further advance?
Hi just a quick question, if your lender is no longer accepting new business, does that mean it wont be lending a further advance to its existing customers? i know the best thing to do is to ask them, but thought id ask here first. thanks
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Morgage advice - Good deposit but both going into a partnership (business)
Hi My partner and I have paid off all our debts and have been saving for quite some time. We have around £30k for a deposit with of which we are hoping to spend on a house of around £125k. Currently my partner is a VAT registered sole trader in her 3rd year of trading. Her first 2 years were very profitable and she had an…
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PORTUGAL and GREECE ratings cut by S&P
15:52 27Apr10 -S&P CUTS PORTUGAL RATINGS TO 'A-/A-2'; OUTLOOK NEGATIVE 15:53 27Apr10 -S&P CUTS PORTUGAL'S LONG-TERM RATING TO 'A-' FROM 'A+' 15:53 27Apr10 -S&P CUTS PORTUGAL'S SHORT-TERM RATING TO 'A-2' FROM 'A-1' 15:54 27Apr10 -S&P SAYS PORTUGAL'S RATING OUTLOOK IS NEGATIVE 15:56 27Apr10 -S&P SAYS PORTUGAL'S RATINGS COULD…
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Buying a house in 28 days?
ok so we have had an offer accepted but a condition was that we'd exchange with the sellers in 28 days however our mortgage company / banks are being a right pain in the posterior... mortgage company (intouch financial) comes sends out guy to give us agreement to sign over phone it was mentioned id have to show ID and 3…
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is my mortgage valid after being mos sold life insurance?
justneed some advice as it is hard to get answers from my mortgage company, we took out our mortgage about 3 years ago and were mis sold life insurance, one of the regulations of us getting a mortgage was that we were to have this insurance. we have since went to a company who are dealing with the insurance that was mis…
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Remortgage and clear loan
Right MSE people after your thoughts It looks like we may soon see a £350 reduction in income soon. At the moment we have around 50k mortgage over ten years, at around £510 all in (number of deals) a loan with 4 years on at around £305 per month and a few more cards totalling around £1500 What is wonder is if I took on the…
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Mortgage for partner and myself
Hello Was looking for a bit of information. My partner and me are looking to purchase a house for 120,000 with deposit of £15,000. My credit rating is poor at 450ish whilst hers is excellent at 950ish. Can she be named as the applicant and myself as partner and if this is the case would it mean more chance of success with…
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1st time buyer mortgage deposit??
Hi im wondering if anyone could give me some advice. my partner is wanting to buy a house he has found one for that is valued at £90000 but he can get it for £81000. would be still have to put a deposit down? we have some money saved but the house needs a lot of work so would ratrher put it to doing up house instead of…
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Mortgage with Bank in administration
My partner has a mortgage with a bank that is in Administration due to the Icelandic kafuffle. His mortgage was taken out 3 years ago as a development mortgage with a 1 year time frame but due to a succession of break-ins he took up residence within two months of the mortgage commencing. The bank, who ceased to advance any…
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Minimum Mortgage.
I only owe £4500 on my Mortgage, I have the funds to pay it off, but have now decided I would like to re-mortgage for home improvements, the problem is my mortgage is with Bradford and Bingley, so cannot get a further advance from them, I only need about £10000 to do the house up, I know I can get aloan, but Mortgage rates…
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Should I pay off my mortgage?
I'm 1 year in to a 4 year deal but have received enough money to pay off my mortgage in full. Details as follows: Amount outstanding: £37,100 Interest rate: 4.54% ERC May 2010 3% ERC May 2011 2% ERC May 2013 1% I intend to overpay by £3,700 in the next couple of days and so the ERC would be around £1000. If paid off now…
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To Fix or Not to Fix
We have currently be sitting on a variable rate for the passed year 3.94% with HSBC. This was because they could not offer us a fix rate when our previous expired due to out LTV. Now they have offered us a fixed rate at 90% LTV for 6.79% for 5 years. With a booking fee of £599 Our current repayment is £1154 and the new…
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No NHBC certificate or Architect Cert. Can i get a mortgage?
If any one can help me i would be very grateful. I have moved into my self build house and was wondering if i can get a mortgage without a NHBC certificate or Architect Cert. Quite new to all of this so any advice would be fantastic.
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Credit check pre-completion?
Hi all, We're very nearly about to exchange and complete on our new home, but I'm a bit concerned about the credit check that I've heard the mortgage provider will run just before completion. After we had the mortgage offer agreed and come through, we had a few hiccups with other things and we thought about getting some…
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To Pay Off or not to Pay Off
Best give you the facts. I have a mortgage coming to and end (19 months). Interest is 5.4% ( I know - was good at the time) A redemption total of £ 8000 to pay, and I have that to pay it comfortably. Do I pay it off, getting conflicting advice. I have other savings so can afford it, and I can afford to save current…
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Self build mortgages
Hi all. Just wondering if anyone has any advice on the best self build mortgage deals out there or any experiences to share regarding self build mortgages.
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Offset Mortgage - advice
I am 99.5% sure that I want an Offset mortgage Offset appeals because I am a saver by nature & should, all things going well, be able to pay it off in about 9 yrs time by saving regularly into the "offset" account - whilst also knowing I have that buffer of savings if the worst were to happen & I was made redundant/needed…
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re-mortgage advice
Looking for advice/opinions....... I currently own a house I bought from my mother 2 years back as she was having trouble-paying mortgage. I have I have done a fair bit of work to the house to increase it’s value and I am hoping to re-mortgage it to release money to use as a deposit to buy a house for me and my partner as…
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New borrowing criteria for Nationwide Mortgages
I am an existing Nationwide Mtg customer and have had savings accounts etc since I was about 16, everything i have is with Nationwide. I was sadly made redundant in November from work and have always worked, luckily my parter has a well paid job so I can concentrate in caring for my 2 1/2 year old and get ready for our new…
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Buying a repossession
Hi there, If you buy a repossession can you use the difference between the purchase price nad the actual property value as your deposit rather than stump up the cash???? Thanks guys rach
