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Can I stop her moving a lodger in?
I recently split up with my girlfriend and for the last few months she has continued paying her half of the mortgage despite moving out. We have agreed to sell the house as soon as possible. However in the meantime she wishes to move a lodger in to pay her half of the rent - I'm against this as I don't want a stranger…
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80% LTV - 3.89% 2 years HSBC vs 3.79% Postoffice 2 years fixed
Anyone got any personal experience with the above two companies from a mortgage standpoint? stories of horror or stories of joy? I'm deciding between these two, and can't find such a good rate from anywhere else for a 2 year fix, with good LTV on 80% and a very healthy income multiplier! This…
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Retired, need £30k for house move - best options?
My mum is moving house and needs a top up of £30k. She has this amount in savings - but will leave not much left after this. She has been recommended the Halifax Retirement Home Plan with £1500 fee to Halifax and £500 fee to the IFA. Her partner is still working and she is working part time - although retired - so has…
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new job - on probation
My huband and I have had an offer agreed on a house. 140000 with a 10% deposit. However...He started a new job at the beginning of March started a new job and is on 6 months probation. I have made enquiries with a few lenders now (hoping to go with NatWest) and all have said that they can't help us with a mortgage while…
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Coming to the end of a fixed rate mortgage and negative equity
First time poster on here so please go easy! Basically we have had a 3 year fixed rate deal with Halifax, that comes to an end next year and moves to a inflated variable rate deal. When we bought the property, we used Bellways 75/25 scheme. The purchase price was £120,000 made up of a mortgage of £90k and interest free…
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help with cemap1
Hi Guys Im currently studing cemaps one!! and need help in passing this exam, iv taken this exams three times now and keep failing by 1%, has anyone got the cdt revison cd i can borrow???? if so please could you let me know @kally_22@hotmail.com thanks
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Mortgage Companies Ripping People Off? (Lost 7K)
Hello all, Does this sound right to you. My girlfriend had a £140k interest free mortgage with The Mortgage Works. She had it for 2 years and paid it off to go with someone else. (HSBC) She had to pay £7K! (Early re-payment fee) Is this correct or just a bad dream? Seems really high? Thanks for your advice.
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Yorkshire Bank Mortgage Error
Yorkshire Bank have just wrote to me saying they have reviewed my mortgage account and identified they have made an error in calculating my monthly payments on my tracker mortgate. I have told them that in no way can I afford the new payment , they have suggested I talk to an adviser to review the situation - part of the…
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Time to move from tracker to fixed?
Hello, I've had a look around in the form and thought I'd post and ask the collective opinion... every few months my wife and I seem to discuss whether it's time to move off our tracker rate. We're getting 2.19% over the Bank of England rate, so 2.69%, from Cheltenham and Gloucester, and I'm pleased with that. LTV is…
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Adding to a Mortgage
Hi Guys Im not that Au Fait with this mortgage lark. Currently we have a Mortgate with Santander on the SVR. We have 99k left to pay, our house is valued at £130k. We were looking to add money onto the mortgage to allow us to add a loft conversion and a couple of other bits. They said that the 75% Loan to repossession…
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Surrendering my endowment
Hi I have been offered 13k to surrender my endowment 54k. I currently pay £79 a month to aviva for the endowment, if I move my mortage to full repayment it will only cost me £100 extra a month. The way I see is I get 13k to clear a couple of credit cards for £21 extra month. If I take the cost of the credit card payments I…
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MSE News: Repossessions hit two-year low
This is the discussion thread for the following MSE News Story: "Around 9,800 homeowners lost their property in the first quarter of 2010, down from 10,600 in the previous three months ..." Read the full story: Repossessions hit two-year low
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Confused by overpayments
Hi all, I am coming towards the end of my first year of a five year fixed rate mortgage. I always said I would make overpayments but that hasn't happened yet. I have decided to pull my finger out and increase my direct debit so that I am in a stronger position to get a competitive mortgage at the end of my fixed term. My…
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Applying for mortgage but have debts
Hi everyone. Looking to apply for our first mortgage within a year or so. The problem is I have some credit card debts and an overdraft at the moment. I've added it all up just now and the debts come to £4067.18 (out of £6900 total credit availability). My savings come to £5039.02. Obviously we'll need quite a deposit to…
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Survey results - property subject to occupation restrictions
Has anyone ever come across a surveyor including the following term in their report: "property subject to occupation restrictions". It is a bog standard valuation done on behalf of Santander who we are getting mortgage off, we have not had our own survey as family members are a structural engineer and builder and so they…
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Survey before passed underwriters checks?
I am currently applying for a mortgage. I went for my mortgage application with my partner and was told that because my partner did not bank with the lender, that our application would be reffered to the underwriters to check further information. I was expecting for the underwriters to do thier checks, then once that was…
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Question about the following SVR on a two year fixed rate - my brain hurts!
Hi all I have been offered (after full application) a two year fixed rate 90% LTV mortgage with Saffron BS. Fixed rate is 5.89% and then SVR (Currently 5.39%). I now see that Britannia have a new two year fixed rate 90% LTV at 5.49% then onto SVR (currently 4.24%). In an ideal world I would move my mortgage elsewhere after…
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Mis-sold buy-to-let mortgages
I am pleading for any advice! I was introduced to a broker through a friend who offered for me to purchase buy-to-let properties with a minimal deposit. It seemed too good to be true and naively I fell for it and bought 3! Warning bells should have rung whereby no paperwork to read was available until weeks/months after I…
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Benefits and mortgage
Hi, I am a foster carer and I claim income support so I get help with my mortgage payments. I will probably want to move house in the near future and I was wondering... If I buy a more expensive house with bigger mortgage repayments would they pay the new amount or would they say I shouldn't have moved and only pay what…
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would a guarantor help?
I posted before that I have bad credit, I have a large deposit and would like to buy a property but its starting to look like my husband and I will not get a mortgage. Would having a guarantor help?
