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Any 90% Mortgage For New Builds - FTB
Can anyone help? My girlfriend & I are first time buyers & are looking to buy a new build flat for £149,000 in Scotland. We only have enough cash for a 10% deposit so we are looking for a 90% mortgage. But from what I've read on this forum a lot of the banks don't offer this for new builds! I've searched through a number…
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Remortgage Advice
Would like some advice/ideas if possible. We are trying to sort out a remortgage, after our fixed deal with Chelsea ended a few weeks back. We have £105,000 outstanding on the mortgage, over 26 years 7 months, paying approx £640 per month. We would like to think our home was worth about £135,000. Chelsea are using the…
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Buy to occupy, but now let
Hello, I bought a property in London 5 years ago which I first occupied myself and thus had no trouble finding a mortgage. I have now relocated abroad indefinitely and have let out the property. ING Direct, my mortgage provider have found out I am letting the property and have now given me a 2% penalty increase on my rate.…
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Will Lenders Increase/Decrease LTV's?
With house prices set to crash - again, will lenders offer mortgages with lower deposits? After all the lenders want to make money! Mortgages are non-existent above 90% LTV, who has 25% deposit as a first timer?
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Mortgage Help Please
I own my property, a very small semi detached, and the next door semi is up for sale which I would like to buy to extend my home. I am 64 and would need a mortgage of about 70,000 to make the purchase. The Building Societies I have approached are not prepared to lend me anything as I am retired, income about 11k pa. Has…
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eviction help please!
thanks for nothing!
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Pay off or save???? Help?
Hi, I'm in relatively good situation where my wife and I both own properties. The sale of my property is about to complete so I'm wondering what to do with the equity. We want to move to a bigger house within 24 months so I'm wondering whether to bank the money that will come in from my sale, so we can get instant access…
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Which lenders will lend most income multiple?
We are wanting to put an offer in on a house, but are a little stretched as to what lenders will offer. Nationwide says they'll offer a tiny bit over 4.5x income. Ideally we would want 5.5x income. I've just spoken to a broker who says there is a high-street lender who will lend up to 5x income, but he wouldn't say who it…
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Mortgage Help!
Hi I am a long time reader on here but this is my first post! I could really do with some help with mortgage advice! I am looking to borrow about £71k (this is max - my annual salary is £15850) I have the 10% deposit plus a little more. I have seen a house that needs nothing doing to it and for my budget is a really good…
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Natwest interest-only mortgage - is it do-able or advisable?
Hello I have just started a mortgage with NatWest at 70% loan to value, owing £120k. The flat I live in requires £30k of work to be done by the freeholder, (which is set to increase the value of the flat by about £60k), and it has just been decided that this money is likely to be asked for next summer. It is a legal…
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Halifax index link valuation Complaint
Hi, I wonder if someone can give some advice please. A friend was with Halifax for their mortgage, and when the rate was up (October 09) they spoke to the original broker for another deal. He advised that they take a new rate with Halifax as the loan to value was just over 70% and they were offering the best deal. My…
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advise please
My Credit history is very bad agreed payments with credit card companies to clear debts but my partner does not have any debts or any associated with me could he get a mortgage in his name only he earns a large salary and would only be getting a mortgage for half of what he would normally be offered
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Is it a new Mortage?
Hi all thanks for any help. I am 2 years into a fixed rate 5year deal, on 6% with the nationwide. It will cost me 3k to come out of the deal. I would like to go onto there variable rate adding the costs to the mortgage, I believe this would pay for its self within 11 months. The problem.....I lost my job lost year and am…
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Buying out a friend and new mortgage?
Hi, I'm after some advice. First some back story. I currently live in and (50/50) own a flat (mortgage fixed rate interest only) with my best friend, who's moved out with his now wife. I firstly want to know how i would go about buying him out, if there's a tried and tested way? How to work out a fair price, seems quite a…
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Remortgage advice please???
Hi I am hoping to remortgage asap in order to reduce my monthly repayments. I am currently with Northern Rock, mortgage is for around £41,000 (house value of around 210,000) and has 8 years left to run. My monthly repayment at the moment is £530. I contacted a no fee whole of market broker (recommended on here) and was…
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End of Fixed Rate Amount - Higher Than Expected
My fixed rate with NR (Asset Management Ltd) runs out in Oct 2010. I contacted a broker beginning July and told them in May 2010 my balance was £65k from my statement so they have used this figure. I am currently going through the application process with Furness BS and so far so good HOWEVER I called NR and asked for a…
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Base rate to stay at 0.5% until 2014?
The Latest news is that the base rate could remain at 0.5% until 2014. What is the view of all moneysaving experts on here that this may happen. I am on a mortgage rate of 2% above base guaranteed unless i move provider currentley with nationwide building society.
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partner on mortgage but no credit check?
just wondering if its possible to take out a mortgage with your partner but they dont have a credit check only i do?
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How can I repair my credit history to get a mortgage?
Hi - We applied for a mortgage last week and were horrified to discover that I have an outstanding debt from 2005. My son was nearly 18 and took out a phone contract in my name (with my permission). We had problems with them not connecting the phone - it was never used to make any calls as it wasn't possible, just some…
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Pay off mortgage (including future interest) early
Hi After many months of reading posts I decided to join because I couldn't see any thoughts on a question I have. I would be very grateful for any advice on this! :) I currently have a tracker interest-only mortgage with £100,000 outstanding and with a very low apr which is due to run out March 2011. I want to move home,…
