-
Porting mortage with ex-partner name on mortgage
Good afternoon people, In October 2005 my partner and I remortgaged to get a better rate on our £165k mortgage. This rate was 4.85% fixed until October this year. In October the mortgage rate becomes much better, albeit while interest rates are low. In February 2006 my partner became my ex-partner and moved out. Since then…
-
FIRST DIRECT interest rate miscalculations
First Direct have just contacted me to say that since June 2009, when my fixed rate deal ended and I went on to 1% over the base rate, that they've only charged me and countless other people .5% and they want the difference back. I have made a formal complaint and asked them to waive the difference as they accept…
-
Complicated mortgage situation, help!
Hi I am finding it difficult to get mortgage quotes over the phone as my situation is a bit complicated ..so I was wondering if anyone had been in a similar situation to me and can offer advice, before I try and fit i some apointments at the bank. Basically I have inherited a property, in joint ownership with my two…
-
Re-Mortgage Advice For Bad Credit
Hi All, My partner split with her boyfriend in 2005 and they own a house (which she still lives in). Although they are on good terms he now wants to buy a new property with his current partner and she wants to rent out her house and me and her are looking to get somewhere. She is looking to take him off the mortgage and…
-
Abbey (Santander) Mortgage Help - Recent Experience
Hi all, 4 weeks ago had offer accepted on our new house. Need £70K mortgage (30% LTV) so decided to go with Abbey as they offer free survey, no product fees, cashback etc to current account holders (worth £1750 approx) so lovely jubbly I thought! All went through fine (affordability wise) but after the 3rd stage the lady…
-
MSE News: House prices confusion - are values rising or falling?
This is the discussion thread for the following MSE News Story: "Halifax says today that prices were down in May but Nationwide said yesterday there were up. Confused? ..." Read the full story: House prices confusion: are values rising or falling?
-
Quick Question: Halifax Valuation?
Does anyone on here know whether Halifax will take the payment for mortgage valuation from your bank before underwriting, or will they wait until after that before instructing (and then taking payment)?
-
Re-mortgaging to pay for extension
Hello, hope I'm not being thick with a capital TH here but if you remortgage to extend a property will the ltv be against the current value or the extended value? More info: mortgage £83k, house value anywhere between £125 and £145k (latter figure approx selling prices, former peccimistic realism) - extension to add…
-
Extending Permission to Let
Hi all We've had permission to let for two years, which is about to expire. But we are on a very good lifetime tracker and worried that Woolwich may take the opportunity to kick us off it and onto a BTL. We're overseas and do plan to come back and live in the property. Just not yet :cool: Has anyone any experience of…
-
Marriage Break Up and Help Paying Mortgage
I'm wondering if anyone can offer any advice regarding my situation. I am going through a marriage break up and am currently in the process of selling my house. However as you can appreciate in times like this money has become a bit tight as a result of the break up. To help ease the pressure I have contacted my mortgage…
-
would we be ftb?
Hello all. Just a quick question. DH & I are planning to relocate for his work in the next 6 months. Once we have sold our exisiting property and have rented a house until we have settled and found a house we want to buy. Would we then be classed at First time buyers? Thanks in advance
-
FTB - Legal, sundry costs
Hi All, I am a FTB in my mid-twenties & have managed to save up around £40k, in the past 3yrs. Earnings wise - have just crossed the £30k mark very recently and do hope to become a HRT payer by the end of the year. Have been looking at buying in/ around London, for the past month or so. I'm looking to buy something around…
-
Going back to Uni-remortgage advice
Not sure what to do. I am going back to Uni in Sept and my mortgage is due up now so want to renew before i start. I need to get my mortgage as low as poss, obviously, as money will be tight. I am doing an NHS course so will get a small bursary. Do you think it would be worth getting an interest only mortgage, just for the…
-
Get a Mortgage or stay renting
Hi Folks, This is my first time posting and I'm looking for your advice ;) Myself and my partner have found a flat that we're interested in buying £147k. We're 1st time buyers and I don't think a mortgage would be an issue to get. £30k savings and annual salaries £50k between the two of us. Our dilemma is, we don't intend…
-
Newly single mum of 2 can i get help with the morgage?
I have a 2 year old and a 6 week old. Recently my kids dad split up with me but still lives in the house. We have a joint name morgage together. neither of us can afford the morgage without the other. Selling will mean we will probs owe the bank money. I would like to keep the house for the kids sake as well as my own, i…
-
Changing mortgage from one property to another
Hi all 5 years ago my wife and I weren't in a position to get a mortgage but needed to relocate for work reasons. My father in-law offered to get a mortgage for a house and we agreed to pay the monthly repayments, bills and for all D.I.Y. It worked very well. We hoped by the time we sold we would have built up equity to…
-
First time buyer for a buy to let property
Hi all, This is my first post and I wanted to know what is the process for a first time buyer for a buy to let property. I would like to get an advisor (free of charge if possible) to discuss all the possibilities for a mortgage and the whole process and see what are my options. Do you have any broker or advisor to…
-
Mortgage for Part buy part rent
I current own 40% of my flat and I am trying to buy 100%, but a lot of mortgage lenders are saying that they require 15% deposit as it is classed as a re-mortgage - has anyone got any guidance as to where or who could help or can I get a second mortgage for the outstanding amount?
-
Revert to Base Rate?
I currently have a mortgage with Nationwide which is at 6.8%. However this deal is coming to anend at the end of July. Should I not do anything it then reverts to Nationwide's BMR which they have just told me is 2.5%. Now, it doesn't take a rocket scientist to see thats alot lower. My question is should I just do nothing…
-
Offset Mortgage or Not?
Hi All I am currently on a fixed rate mortgage with the Halifax of £95000 which finishes May 2011. It is at 7% so I am paying about £200 more than I need to. I also have £18000 in loans and credit cards which I would like to clear. I have in the past added them on to my mortgage but I really don't want to keep doing that…
