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Mortgage Transfer
I am in the middle of a divorce and my husband and I jointly own a flat which my son lives in rent free. My husband pays the mortgage on this. I want to sign this flat over to my husband as I will not be able to get a mortgage in my own name once my divorce is finalised if I am on another mortgage. My son cannot claim…
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MSE News - Nationwide: house prices fall for first time in five months
This is the discussion thread for the following MSE News Story: "The average price of a UK property dropped by 0.5% to £169,347 between June and July ..." Read the full story: Nationwide: house prices fall for first time in five months
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Mortgage deed wrongly signed by witness:(
Hello First post! I'm in process of buying first house. We received mortgage deed from solicitor and asked our neighbour to witness and sign it. Unfortunately before we could tell her how to sign it she scribbled her name and address in wrong boxes! I'm really worried this will delay the purchase and vendor's will get…
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Repaying part of my mortgage
I have a mortgage of £140000. This is split into a fixed rate part of about £70000 at 6.396% until August 2013. The rest is on a variable rate of 3.50%. I have a lump sum of £50000 to pay onto the mortgage. The fixed rate will charge me £3000 and the variable rate has no early repayment charge. I do not know where to pay…
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ING cancel remortgage - Non-standard construction
After waiting for a week for ING to let me know the outcome of their valuation, I phoned them last night to be told that the valuation was fine but as their surveyor reported back that my block of flats is built from a single skin of concrete they were unable to lend on it... I'm not questioning their decision - obviously…
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mortgage declined advice pls
Hi, I went to santander; they did a credit check and said NO to mortgage. I checked their credit reference agency and i Have good credit score-880 and my wife has 999. Ok i have 11,000 on loan and 5 credit cards(all fully paid and settled); but not sure why i was refused. What should be the next step. ps- i have had a…
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Mortgage on a property priced lower than its valuation
I am in Scotland and I have seen a property at fixed price £98,000 but the home report values it at £100,000. Can I get a mortgage of £100,000 (minus deposit) or will I only get £98,000 (minus deposit)? Thanks.
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First Time Buyer
Any advice on the best mortgage for a first time buyer? have 10% deposit and trying to keep repayments low. in england. thank you.
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Mortgage Advice!
I'm hoping someone can offer me some advice, we basically have 2 properties which we have on the market to sell - one looks like it has sold (keeping everything crossed) but there is little interest around the other property and as it is vacant we are looking to rent it out in the near future as its costing us a fair whack…
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Repayment to Interest Only with Alliance and Lesceiter
Hi all, I've come up against a hurdle, I currently have a repayment mortage with A & L and was hoping to switch to interest only so that I can rent the property out to go overseas. The problem is that A & L have said that the will not change to interest only without a repayment vehical being in place to pay the mortgage…
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95% LTV on New Build?
Has anyone seen any sensible mortgage products on the market at 95% LTV for new builds with decent rates? We're desperate to move as we've found our dream home after a long search, but the drop in value on our current home has left us shorter in equity than we'd like, so we're not in a great position. Estate agent has…
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what is his ex entitled to?
Hi My partner split with his ex just over a year ago. He moved in with me but has kept paying the mortgage on his house. His ex is still in the house. Her name is not on the mortgage and my partner would like to try and re-mortgage to buy her out. He owes around 40,000 on the mortgage and the property is currently worth…
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Buy to let
Dear All, Just looking for advice as have seen a potential property as a buy to let. It is in my village on at £210,000 and would rent for £850 pcm. I have 60K to put down but am now searching for the best but to let. Luckily the property needs no work with new bathroom and kitchen, immaculate throughout plus the vendors…
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YBS 2.89% Fixed - Good deal?
Hi All, We're first time buyers and currently looking at mortgage deals. I just seen the following deal from Yorkshire Building Society which seems excellent but wanted to see if there were any obvious catches on the face of it I'm missing? http://www.ybs.co.uk/campaigns/2yr_fixed1/index.htm?cmpid=272 Summary: 2.89% fixed…
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Further advance mortgage, advise please
Our Home is worth £140,000+ and our Mortgage is just £27,000. 8 years to run. we have a few card debts,8,000 and these are about to come off 0% deals with little hope of BT to other 0% card. We also need a new boiler, and some other house refurbishes badly! household income 18,000pa we could really do with 10k on a further…
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Guarantor Mortgage - Parent lives abroad??
I just phoned C and G and asked if this causes a problem and they said yes. My parents are UK citizens, have UK passports etc. Is there any way around it?
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Mortgage deal coming to an end
Hi All Our two year tracker deal comes to an end in November and i'm just wondering how soon we need to start looking round for a new mortgage. This has been our first mortgage so i'm not sure how it's meant to work, do we have to leave it till it ends in early november then just pay the SVR until we get something sorted…
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Repaying my Mortgage
This is my first post so I hope its in the correct place. I have a repayment tracker mortgage with HSBC which is 0.37% above base rate for the life of the mortgage. I've looked at the "should I pay off my mortgage calculator" and it states that I only need to earn about 1% on my savings to match my mortgage. I am able to…
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Payment Holidays
Hi all, This may sound a rather stupid question but im not yet savvy on mortgages. To keep things simple, if your mortgage was £100 a month, you overpay for 5 months at £100 a time so are £500 up. If you apply these to the capital amount so reduce it by the £500 does this then mean you could/couldn’t (lender permitting)…
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Rate change during month
Hi All Is there a calculator available anywhere to work out the monthly payment if the rate is due to change during the month? For example, my fixed rate ends on the 9th of the month, after which i switch onto SVR and I wanted to work out my monthly payment in advance taking into account that the first 8 days will be…
