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Trying to move - Halifax refused re-mortgage
Hi , myself and the wife have decided to move out of london and downsize our mortgage. We have been with the halifax for 4 years and have a perfect re-payment record , no lates , no missed. We called them to enquire about our move to another property and after some checking they came back and told us they wouldn't give us…
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Northern Rock Together mortgages
Have any other NR customers managed to get a large discount on their unsecured loan elements if they have settled the debt?
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Interest allowable for Offset Mortgage?
**Also posted in House Renting Buying Selling I have an offset mortgage on the property I currently live in. I have savings and cash ISA offsetting against the mortgage so currently pay interest on quite a small amount and have a pretty good rate (0.62% above BoE base rate. I am likely to relocate soon so am looking at…
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Payment Break
I'm currently on maternity leave and have decided to take a 6 month break from the mortage,I understand that they continue to charge the interest abd we will need to pay extra when we go back to it, What im worried about is will this affect our credit score or if we decided to change mortage to buy new house will it affect…
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Error with name differences on passport/bank statement advice/vent argh!
Hi everyone My partner is in the process of getting a property. They have asked for a copy of his bank statements/passport. He has quite a long name and for some reason, the name on his passport differs from the name on his bank statements. Now origionally, we thought the name on his passport was the incorrect one…
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Where/Who to get a mortgage from?
Hi, here is our situation. Can we get a mortgage? Initial enquiries seem to say no. :mad: Perhaps I'm looking in the wrong place? Purchase price - £395k Deposit - £320k Borrowing - £75k (LTV <20%) Applicant 1 company director with £14.4k salary, Applicant 2 self employed with £6.5k. The house being purchased has an extra…
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do all mortgage lenders ask for different proof of evidence?
hello im in the process of applying for a mortgage and they have asked for payslips passports marriage certificate utility bill and my wifes child benefit/csa letters is this normal to want to see them? i said do you want originals, they said they just photo copy everything i thought they needed bank statements too but i…
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Best day to start a mortgage?
Hi all, With regards to interest payments etc, is there a best day for your mortgage to start to minimise the payments? (make sense or clear as mud?!)
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Joint mortgage becoming a sole mortgage
Hello, I dont know if anybody can help, I am unsure how mortgage lenders operate in the circumstances I have found myself in. I have had a joint mortgage with Nationwide for about 7 years, but I have now split up with my partner and she has moved out. The outstanding mortgage is about £80,000, and the value of the house is…
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Hereford Broker
We are first time buyers and looking to buy in Hereford. Does anyone have experience of local mortgage brokers? Thanks.
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Buying a house in Germany
I'm thinking about buying a house in Germany, perhaps Berlin. Can anyone advise of any potential pitfalls, and can anyone recommend a property lawyer over there?
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My daughter needs help with shared equity mortgage
At present she is living with us to save hard for a mortgage. She has managed to save £11,000 and has found a shared equity property new build for £150,995. Their mortgage advisor said that with her earnings of £22,000 she should be able to have a 80-20% mortgage and started looking into the deals with three lenders,…
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Catch 22
Hi all. I believe this to be a mortgage enquiry as opposed to a debt free wannabe one. I have been a frequent member of DFW. Anyhow a bit of background. I earn £65000 and generally get a 8% payrise per year. My wife is on £30000. We have a mortgage of £218000 which is due to come to the end of a fixed deal in April. As you…
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Help! Just about to loose 26k on deposit on new flat - advise please
Hi there, I'm up a big creek without a paddle! And I'm about to sink. I've worked very hard to raise 26K for a deposit on a brand new flat in Edgware london. The original purchase price was 260k but due to negotiation, managed to get 20k off so I need a mortgage for 212k. The new purchase price is 238k. Its just been…
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Freeholder has destroyed my property
I was hoping someone could tell me what might happen in my situation (from the mortgage company point of view) I have been to lawyers who say I 'could' take freeholder/ council/ mortgage company to court but on a single income I do not have the means to do it. I have spent +£20K over a year in rent/ solicitor/ surveryors…
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LTV advice
Hi everyone, just looking for a quick bit of advice: I'm trying to reduce by LTV from 80% to 75% by way of some savings that I have so that I can get a better re-mortgage rate at the end of the year when my current rate expires. Can anyone tell me what the best way is to reduce it? Should I pay a lump sum to my current…
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Any experience of "let to buy" mortgages?
Hi Was wondering if anyone on here has done this or knows of any good deals? We tried to sell our house a couple of years ago without success and we'd been thinking about getting a buy to let at some point, probably after we'd moved. We've now been suggested this route, which would obviously save us selling our current…
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Off set mortgages - help
Hi, we are seriously looking at an offset mortgage as it seems an ideal way to pay off your mortgage earlier. We are looking at First Direct, they have sent the details through, yet they only appear to quote the repayments as interest only, yet over the phone they said we could do this as capital. Obviously we want to pay…
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Architects Certificate
From mortgage lenders POV, is there any significance in the practice/architect who has issues the practical certificate of completion? I assume that one certificate is as good as the next? Thanks
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Mortgage Calculations
Hi all, Not money saving per say, more investment but hopefully someone can point me in the right direction. Am thinking of investing in property and need to work out the total cost of a mortgage over a set period of time, factoring in the cost of inflation. Basically, not too worried about the property paying for itself,…
