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Whos on TSB Surveyor Panel?
Hi, Buying in scotland so seller has to provided homebuyers survey which includes an EPC, Level 2 survey listing any repairs required & a RICS surveyor valuation. (carried out march 2010) Looking at mortage with TSB and they require a £400 fee for an additional valuation to be carried out, unless existing valuation was…
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Mortgage Contract/AIP Direct from HSBC - Does it actually mean anything?
Hi All Went to see a very pleasant mortgage advisor who told me he couldn't beat my 10% LTV deal from the HSBC I get that an AIP online is just a few random figures chucked into the calculator, however we went into HSBC and did a similar thing with an adviser there who did a credit check there and then. If based on what I…
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A little advice please
This is a long story but I will try to make it as short as possible. I would appreciate any advice you all have as I am afraid I don't trust my own any more. 4 1/2 years ago I purchased a house (my first) with my partner. Things went well until he lost his job at the end of '07 and our mortgage payments suffered because of…
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Adding renovation costs to a mortgage?
Hi all, first time poster (and buyer :D ) My fiance and I have found a flat which we're looking to put an offer down on. Having spoken to the owner directly, I'm fairly confident that it should be accepted. It's on the market for 375,000 and I'll be offering 365,000. It's in need of a bit of modernising, although one could…
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Should I Apply For A Credit Card To Boost Chances Of Mortgage Acceptance for FTB?
So to cut a long story short, in October 2009 I completed my IVA:j. I am getting married next year and currently live at home with ma & pa. Wedding costs are done and we will have a deposit of around £30k for a deposit for property. As of October this year (accounts will be aged 6 yrs), the accounts which were defaulted…
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Mis Sold Mortgages - Do I have a case
I am trying to find out if I have a case against a mis sold mortgage, and if so are there any template letters etc, that I can use to start a claim. My situation 4 years ago when we took the mortgage out is a follows:- (A) OH working full time on a salary of £17K - Myself homemaker with tax credits and child benefit…
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Declined by Post Office - try Halifax?
I have today been declined by the Post Office for a mortgage based on a low credit score. Basic 32400, comm 19k. debt currently 40k, though 20k will be repaid at the end of the month, not on completion which would have been after. The low score is my fault. I too out a HP agreement on a car in Jan, got a Santander credit…
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will i get a morgage if i use my overdraft alot?
Im in the process of buying a house. my morgage advisor says that natwest will lend to us in principle. we both have really good credit reports (excellent 999) but i dip in and out of my pre arranged overdraft weekly but my boyfriend will only go in to his overdraft by a couple pounds if and when he does which isnt very…
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Do banks include rent income towards a mortgage?
I have sold my property and have money to put towards a deposit. My girlfriend would like to rent out her property and use the income to add to mine but we're not sure if, or how, banks include that in the deposit total. Does anyone know, please?
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ING Direct what a farcical company !
Currently sitting next to a rather grumpy ratty wife thanks to ING Direct. Here's the story ..... Around a month and a half ago we finally decided to get our fingers out and find a better rate than our current 4.8ish percent SVR from the BOS. We decided on the Lloyds deal at 1.29% above base rate and apart from the 2.5%…
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Northern Rock Together mortgage - can I keep the unsecured part when I sell my house?
As the title says; I have a together mortgage and want to sell my house. When it does sell, I assume I only have to pay back the amount that is secured and can keep the rest as an unsecured loan over the rest of the 25 years?
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halifax mortgage redemption fee
Hi, I've just put my house up for sale, I've got an Endowment Mortgage, and because it will be paid for before it should this fee will be payable, can you please tell me how much this might be, my mortgage is around £25,000 so it's a fairly low mortgage compared to some of them, I hope you can give me an idea, thanks j62
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Rate of growth assumed?
Hi, I asked for a surrender value for my two endowments. At the bottom of the letter it states; Rate of growth assumed 4% a year, 8% a year (and gives two estimates should the policy go to maturity). Are 4% and 8% pie in the sky figures. In the current climate over the next 6 years what sort of growth am I actually going…
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Renting out house mortgage advice needed please!
I currently own a property that, if sold, with exit fees etc would make a slight loss on the outstanding mortgage. I'm stuck in a fixed rate period for a considerable amount of time. I recently split up with my partner and want to move out of the house but can't afford to pay for the potential loss. If I rent the property…
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First Direct - Valuation required TWICE in 6 months!!!
Guys Have any of you experienced this? I booked a mortgage product with FD six months ago to release some equity from our house, paid £200 for FD's 'internal inspection' valuation (as opposed to their £99 drive by option). With this info they approved the loan and it was up to us to signal when it was to be drawn down. We…
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SHould I buy with my partner? Advice needed!
Lucky me, I have a good relationship (1 year) and my own house (50,000 potential in equity), no debts, a good income and some savings (20,000). But my partner has no savings, low income and lots of debts.: Should I buy a property in name with them, or carry on by myself and let them live with me? What do MSE'ers think,…
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Moving to a cheaper house on existing deal
I currently have a mortgage with RBS that I have held since October 2009. It is a 2 year fix but I'm unexpectedly having to relocate. Basically I owe just over £108k on the mortgage. The next property I'm going to buy is probably going to cost around £90-105k. Unfortunately my deal has an LTV ratio of 75% so I've been told…
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Intrest free and riseing every 3 months
I have a mortage which is on intrest free only but am in negtive equity. Peoblem is future mortages keep rasing the rates up every 3 month. So really i want to move away from them to another lender that can give me fixed rate and i can affored 800pm at the mo easily. Im worried that when the bank of england does increase…
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Second mortgage - don't think anyone will have me
Hi everyone, This is my first post so please be kind - I'm a long time lurker but never before in the mortgage forum. I have a strange situation that I don't think many mortgage providers will be able to help with, so I was hoping the helpful people on the forum might be able to point me in the right direction. I bought a…
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Moving house - halfway through a nationwide fixed term mortgage advice
Just a quick question to see how it works. We're currently half way -5 years, into our nationwide fixed mortgage (it was 10 years at 5%), we have finished renovating the house we're in and thiking about moving now. I remember asking at the time about moving house and remember the advisor telling us we can take our mortgage…
