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work in Australia need to release equity from UK
I need to release some equity from my house in the UK to buy a place out here in Aus as the rent is stupid. Can't find anyone to do it here in Australia and my bank won't help because I am out of the country - any ideas please?
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mortgage help... clueless...
need some guidance so we know where to start.. currently ownacommercial property worth £300 000 which we just recieved planning permission for and will be changing into 4 flats..we have the funds for this and will start work within a month. looking to buy a house worth £120 000, what type of mortgage do we need to look at…
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Deposit for Mortgage Question
We have recently had an offer accepted on a house, and are about to start the formal application process. In terms of deposit, we have £11K in cash, and about £19K in shares on the Australian stock market. As the market has just recently dipped, my parents have suggested that instead of selling my shares, they loan me the…
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choices
First post and a bit confused with the whole idea of finding a new mortgage ....any help , advice appreciated Have just sold our house and have a profit of £95k to put down as a deposit on our new house We have just bought a new place for £205k , so will be looking at a mortgage of £110k capital and interest over 19 years…
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Self-Cert Remortgage Problem
I could do with some advice/information if anybody has any ideas. We have around five more years on an interest only mortgage with Mortgage Express, the first two of which are at a fixed rate. At the time that we took this out, we assumed that we would remortgage at some point - but the plan was never to pay off the…
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Anti Money Laundering Question
Hi - a quick question about our mortgage application. Our mortgage provider carried out it's AML checks, which we passed. Now the solicitor we are using is doing the same, but they are very thorough. My wife is missing details of one account, which she used for about a year. The savings company was taken over by Santander…
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Quick Question
Hello all, I'm in the middle of sorting a mortgage with Santander. Credit check came back fine (as expected... as I've never defaulted in my life). However, they have requested 3 months bank statements. I've just looked over them and realised I dipped into my overdraft by £215 for a day as Barclaycard took a D/D payment a…
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Can't find a morgage
We have sold our house & have found a bungerlow the only problem is it's a holiday home,it's a free hold property but the problem is the banks won't give a morgage to a property that only has a 10 month accupancy,can any one help.
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Joint Mortgage & Separation query
Hi all, Myself and my wife are separating. We have a joint mortgage. She has moved out and I intend to stay in the house. I have spoken to the mortgage company and applied for a Transfer of Equity to put the mortgage in my sole name. However due to my income they have rejected it. A few questions around this: 1. I'm on a…
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how do i pay this off quickly???/
£24,000 to pay with 4 years. how do i pay this off sooner, on a variable now as just come out of fixed...any advice appreciated please...thanks everyone:j
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fixed rate term coming to an end
I've got a 5 year fixed rate deal coming to an end with A & L and then it reverts to a tracker 0.75% above the B of E base rate for the remainder of the mortgage term. Please check small print before changing mortgage company because my financial advisor has told me this will be impossible to beat. I'm going to save £100's…
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Endowment Problem
Hi all, Please could someone be kind enough to help me with an endowment problem? I have had a mortgage of £60,000 since 1990 (nationwide). At the outset I had two end endowment policies worth £45,000 and £15,000 respectively (Standard Life). I tried a few years ago to take action against Nationwide for advising me to take…
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Transfer of Equity by Ex. Do I need a solicitor?
My Ex and I are splitting, and she wants to buy me out. Having seen our current mortgage provider, she wants to do a Transfer of Equity. As I am not sure where I want to live I intend to initially rent nearer to where I work. So had intended on just taking my half of the house valuation and saving it until I find somewhere…
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nest or nest egg?
hello all, ive got, i suppose and good problem, i have been given my inheritance now by my parents. i have approx £40000 on my mortgage and the gift will just about cover that. mortgage interest rate is fixed at 6%, but if i pay it off i will be charged a penalty. i think it works out about £1500. should i wait for two…
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To let or Not to let....some CGT questions
Hi, Looking for some help; Have bought a house for 235K moving in September, but have been unable to sell my existing property, so thinking of letting and have a few questions; My existing property had an outstanding Nationwide mortgage of 10K (valued at 170K) & an overpayment reserve of 38K, 36K which I have taken back…
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Can I transfer my existing mortgage to a new property?
Hi I currently have an IVA. I owe about 27k. My property that I own (mortgaged) is now worth 150k. I have a mortgage for 130k. My insolvency practitioner believes it is not enough equity for the creditors to want to ask for a remortgage. The property was recently (last year) in negative equity when property prices fell. I…
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Nationwide 90% LTV
Just wondering if anyone is in the know if I would qualify for the above. My partner has held a Flex Account with them for years, whci is the main criteria of the offer. However, I am with Halifax. Do you think we will be able to go with Nationwide's deal as she has the Flex Account? Was reading through their website but…
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remortgage advice
we are in a tricky spot at the minute. Long story short. We owe around 15k out in loans. our house is currently worth 90k with a mortgage of 63k. I have recently moved back home after working away due to a new arrival, but my wage has dropped significantly. i need to reduc my outgoings Looking at a variety of banks…
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Missed Payments = No Mortgage?
Hi.. I just checked my credit rating on Experian and it says that I have 5 missed payments. I don't dispute this but I'd like to know how this will impact on my ability to get a mortgage? Everything else looks pretty healthy. I'm in a small amount of debt at the moment but it's not too serious, and as a student, I think…
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Mortgage help please
Hi All, I am looking for a mortgage for a shared ownership property but I do not think I have a good credit history. Looking for 50000(25/75) My Equifax report shows I have 1 default for 1800 on a credit card with LTSB dating from 2008. In 2006 I entered onto a debt management plan and have been paying smaller monthly…
