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looking for a mortgage, but has no depost?
me and the other half are looking to get on the property ladder...but have no deposit...we earn around £16k pa each. Anyone know where i can start? what kind of deals are avaiable?? any help is welcome. Ive been looking at the LIFT scheme, but struggling to find any houses in the area. Russell
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Hi all....New to site....First Time buyer question & help please?
All, I am looking to buy my 1st home. I am 27, & have 3 children. (1 daughter, 6 who lives with her mum, My step-son 5 & step-daughter 4 who live with me) & my fiance. We are currently renting a property for £875 PCM. We have 0 deposit, are not on benefits & between us work 4 jobs. Mt fiances work is not very well paid &…
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Need advice for complicated situation for a friend...
A male friend of mine is still married to his "ex" although they've been seperated for 10 years. His name is still on the mortgage although he only paid towards it for the first year of their seperation. He wanted to sell the house or get her to buy him out and tried numerous times but she kept stalling again and again.…
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Paying off huge debt - how long before we can apply?
My partner and I have ended up in 31000 debt over the past few years. It is something we are thoroughly ashamed off and we have put a stop the spending completely. It has just simply been fighting the debt down over the past year. We are now starting a family and our parents have offered to clear our debt and lend us money…
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Query in paying Financial Adviser
Hi all I did post this on another long standing thread but thought might be better to start a new thread with just this query... My Wife and I are remortgaging our property and have been recommended a financial adviser by a family friend. On his company's 'Services and costs' they say, I quote: 1. We offer products WOM 2.…
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Mis advised- FURIOUS
Okay I need advice, and I need it fast. My partner and I are buying a new build Persimmon home on their own shared equity scheme. From day 1, we were given the following break down. Mortgage would be for 114,000 plus fees, with a £6000 deposit. Persimmons own 20% loan would be 5 years interest free. We spent ages figuring…
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Mortgage Help Please!!
I'm really struggling to get a mortgage with my partner at the moment. We have a joint income of £34,500 we have seen a house for £109,995 and the vendor has agreed to pay 5% deposit on top of our 5%. My credit score is 876, not sure about my partner. I have 2 CCJs which were satisfied in 2006 from Yorkshire Water. We're…
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Broker required
Hi If anybody is or knows of an experienced whole of market broker with knowledge of underwriting and partial adverse credit then please PM me with details if you think you / them may be able to help me. Cheers
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Chelsea Arrangement Fee vs Broker
Hi 2 weeks ago we used a broker to help us find a mortgage deal and decided to go with Chelsea. The application is getting processed at the moment. At the time the Broker told us that Chelsea's arrangement fee was £995, however i have been on Chelsea's site today and all of thier arrangment fees are £495. By using the…
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Mortgage for half a house?
Hi folks, hoping some of you kind people might be able to point me in the right direction. My partner and I are looking for a mortgage to buy into a property owned 50/50 by my father and aunty. It's been on the market for 2 years, my aunty is desperate to sell but Dad is happy to keep it on for a couple of years yet. Ideal…
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Mortgage lender (bank) demand unnecessary survey. Can I complain?
Hi. I'll try to keep this simple. Purchasing a flat, which comes with a garage. Garage is of little value. Flat is long lease (990+ years), garage is short (<60 years) and isn't too healthy (structure). Initially, only the flat was for sale, but I asked vendors to throw the garage in for free to secure deal. They agreed,…
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mortgage help
Hi All, can anyone help with any information on a Halifax mortgage or a Woolwich mortgage. I have banked with Barclays for 20years, have money in both mine and joint account and never overdrawn. I have held a mortgage with Bank of Scotland for 20years never defaulted. I am self employed and have accounts. I really need the…
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Where can I get a £15,000 mortgage
My current mortgage deal is coming to an end in August and my current outstanding amount is £15,500. I am with Accord mortgages at the moment and they have advised that the only deal I can go onto is 5.99% interest on a repayment which will mean I will be paying more I am currently. Does anyone know where I can get a good…
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Likely mortgage availbale in current market
I currently own a house valued at around £140k of which i have equity of around £40k. I have a small part time job around £8k. My husbands basic salary is around £30k with a bonus which isnt guaranteed but normally gets around £2k plus overtime which last few years has been arond £5k. There are 2 adults and 2 children and…
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Cash offer - Advantage
Hi, Have just heard from a friend that their mortgage company - Advantage has offered to increase their equity/reduce mortgage by around 20k if they leave and find another mortgage company. Has anyone heard of this? I'm with Mortgage Express who are trying to 'get rid' of customers and was wondering if anyone knows of any…
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I think this is the best rate?
Ok.. We have a £330k house just about to sell. I have a £27k mortgage @ 1% abr (1.5%) with HSBC we want to move to a £350k house and its gonna cost us £10k to move with the gov tax etc so we need to borrow another 20k they offered us and I think is the best for us a 5 year fixed @ 4.79% We went for the 5 Year Fixed Fee…
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MSE News: Lenders restrict cheap mortgage deals
This is the discussion thread for the following MSE News Story: "Over half of home loans are not available via brokers, compared to less than a quarter three years ago ..." Read the full story: Lenders restrict cheap mortgage deals
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What mortgage can I get on one salary
Hi hoping someone might be able to give me a rough idea of what is possible for us. We only have one salary in our house hold, of approx 24,000 (before tax)/year. We recently had a baby (I'm now home with little one hence only having one salary to 'play' with) and now wish to own rather than rent our home. First time…
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First time buyer with bad credit
Hi, im looking for advise on mortgage's for people with poor credit history. Afew years ago, i got myself in financial trouble setting up a business, although I have never had a IVA or CCJ, I have defalted on most my debts. I have been repaying these dates through the CCCS on a debt management plan. Which will be completly…
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getting out of fixed rate?
Hi, I'm new to this forum and hope someone can help....we are with the Nationwide and want to move from their fixed to their variable rate and have been told by them that this is not possible? They say they are not offering customers on a fixed rate with them to stay with them on variable, so to get out of the fixed rate…
