-
Is working hot water system required for a residential mortgage?
Is working hot water system required for a residential mortgage? Maybe a habitability requirement? It seems that the vendor has disclosed that the one in the place I'm buying either doesn't work or will be removed. I don't care because I'll be replacing the hot water only boiler that I saw when viewing with a central…
-
Can I get a second mortgage with a different company?
I have a mortgage on my flat at a good rate with Nationwide that expires 2024. We want to buy a house and move the original mortgage to the new house. We will need a second mortgage to be able to afford the house. Do we have to have the second mortgage with Nationwide or am I at liberty to apply for to another lending…
-
Is 4.99 really the lowest we can get?
Really disappointed that our broker has come back with 4.99 as the lowest possible rate for our 3 yr fixed rate mortgage We were quoted below 4% when we started looking, based on purchasing a property at a similar price and LTV than the one we've gone for in reality. Our broker is saying it's because the property we want…
-
Axa Sun Life Policy - should I get out whilst I can
Hi, I've read a lot of bad things about the axa sun life policy, but was pleasantly surprised when I checked my figures today. I'm not sure whether I should get out now whilst I can or stay: I started paying 10 gbp pcm in jan 2003, then 12, 14, and incrementing each additional year up to 20 gbp (total paid to date is…
-
Mortgage Offer - Impatient
Hi all I am currently awaiting my mortgage offer from the Halifax and I wondered if anyone on here would be able to give me some advice and guidance. I know there have been quite a few threads on here about similar topics but I couldn't find a definitive answer so hence the new post. I received an AIP from Halifax via my…
-
First Direct offset - should I max out on mortgage and keep my cash offsetting?
I’m after some advice… I’ve bought a house for £330,000. I have a deposit of £240,000. I’ve already decided to get a First Direct offset mortgage. I plan to make a mortgage payment of £1,000 each month regardless. I’m considering two options. * Pay a deposit of £240,000 and get a mortgage of £90,000. * Go for the maximum…
-
MSE News: FSA gets tough on mortgage arrears fees
This is the discussion thread for the following MSE News Story: "Lenders have been banned from hitting struggling borrowers with charges if they have already set up a payment plan ..." Read the full story: FSA gets tough on mortgage arrears fees
-
Another can I get a mortgage thread?
Hi Guys, Basically im in a very difficult position financially, I lost my job almost 3 years ago due to depression, grieving finally over the death of my father, and have been unable to find any sort of employment since so obviously am in a damn mess with my finances, my credit score is very weak though I only owe a total…
-
interest only mortgages.
I switched to an interest only mortgage when I was diagnosed with terminal cancer, of course this has been great for me. Payment down by over £300. Now my preferential rate with Northern Rock has run out. They have told me to find another supplier as they wont do anything. I can't afford this new rate and need help with…
-
Buy to let mortgage help
I need some advice please on how best to proceed. I have a property which is mortgaged (no deal in place) which I used to live in myself. On meeting husband I moved in to his house and rented my house out (naughty I know). Problem I have is I need to raise some funds for my son as a deposit for a flat he would like to buy…
-
are the companies that offer quick house sales safe to use or do they all only give
hope this is the correct place to post this are the companies that offer quick house sales safe to use or do they all only give you 75% of the value or is there anything to try. help much appeciated
-
Part-year Permanent Contract and Mortgage
Hi there, Just wondering if someone could advise me on whether I would be able to get a mortgage under the following circumstances. I am currently employed on a permanent part-year contract - I work full time for 7 months out of 12, and am off for 5. My contract is permanent however, and I am always guaranteed to come back…
-
Retrospective interest rate hike
I've received a letter this morning 24th June from Derbyshire Home loans (subsiduary of Nationwide) saying my mortgage is going up by over £300 (38%) a month from the 1st June, the letter is dated 29th May, I phoned to ask and a very tired sounding voice told me the letter must have been delayed in the post, she did admit…
-
Re Mortgage Which Account for 3 homes
Hi I'm looking for some advice, we currently have a RBS one account with 2 homes in it and wanted to add in another we own but we've missed a deadline and they have changed lending policy. Basically we have a lot of equity in the house we want to add in and really want to add three homes into a one account similar to the…
-
Reclaiming mortgage arrangement fee
Just testing the waters to see if there's any possibility of reclaiming a £999 mortgage arrangement fee paid to HSBC 4 months ago. The story goes that we were buying a flat but we pulled out of the sale when several issues came to light about the condition of the property and ownership of the development. Because it was us…
-
What are the chances of getting a Mortgage?
What are the chances of me getting a mortgage with the following details. I've got 2 defaults the are satisfied. Defaulted on 23/02/2007 satisfied on 05/07/2009 Defaulted on 06/05/2005 satisfied on 05/07/2009 10% Deposit on a £150k house. Combined income of £45k Kind Regards
-
Worth Re-mortgaging or not.
I currently have a mortgage on a flat I rent out, there is an early repayment fee of £1500 and there is 3 years left on the fix rate of 5.63% When I took this mortgage I was living in the flat, now I rent it out I would need a buy-to-let mortgage I believe. The mortgage provider knows I let it out. Outstanding balance is…
-
Mortgage for holiday home
Out of interest, is it possible to get a buy to let or other mortgage for a UK holiday home with the intention of letting it for most of the year? I have a vague dream of being able to buy a second property in St Ives, Cornwall (I love it !), in the future and just wondered. Ta
-
pay mortgage or stick in bank and pay monthly
Hello, got a lump sum coming to me in the next few weeks and i was wondering if it would be better to pay of most of my mortgage in one go or stick it into the bank and set up a direct debit to pay the mortgage monthly. any suggestions please?
-
Advice on overpaying mortgage.
Hi all I would be grateful if anyone could offer any opinions or advise regarding my mortgage. At the moment I am on a 5 year fixed rate with A&L this is due to expire in October of this year, I called them yesterday to obtain a balance and to get an idea of what they could offer me. To my surprise apparently when this…
