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Mortgage for nearly complete Self-build
Hi We are not far off from completing our self-build. Without a kitchen and bathrooms, will we be able to get a re-mortgage? We bought the 3 bed bungalow with a Coventry BS mortgage and knocked it down and rebuilt a 5 bed 4 bath house with our savings (Coventry don't know that bit!). We now need either more money from the…
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FTB Query
Hi, I have had a mortgage approved by Clydesdale Bank in principle for up to 90k. I currently earn 27k plus bonus. I have agreed to buy a property for 83k, which I want to proceed with. However, I have just handed my notice in with my current employer (3+ years) due to taking up another job offer (same industry) on 30k in…
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Mortgage Options?
I have debts of around £22K which i want to pay off by remortgaging part of a house i own. I bought the property with the halifax on a joint mortgage with my mam the mortgage has approximately £11700 left to pay and the value is approximately £65,000. It was bought as joint tenants. I am 33 and my mother is 75 i earn 23k…
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Not able to get a fixed rate mortgage
Hi, I have just finished a 3 year fixed rate mortgage and went to obtain another one with Halifax however because the price of our house has gone down they would not offer us a fixed rate. I have been looking into interest rates and note on Martin's website that they could reach 8%. Would anyone be able to let me know how…
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Advice Please
I have 7 years left of a 10 yr fixed, balance is 182k and early repayment is a extra 11k. I am paying 5.49%. Overall term remaining is 17 years. The question is.... should I look to change, or stick with it? Ideas and advice would be appreciated.
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MSE News: Halifax - slight rise in house prices
This is the discussion thread for the following MSE News Story: "Typical values edged ahead by 0.2% during August as activity in the property market remained subdued, figures show today ..." Read the full story: Halifax: slight rise in house prices
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Another surrender Aviva endowment or not?
Hi Ladies and Gents basically surrendering most of my endowments to pay towards mortgage/ hold in offset. I see a lot of debate on Aviva and the MEP. So my situation is as follows 1) Have adequate life cover in stand alone policies 2) Policy started Nov 1995, due to end Nov 2020 3) Annual premium £1,050.96. 10 years…
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Keep hold of some equity even if we need to borrow more?
We are selling our home in London and moving out: we have quite a bit of equity in the house. The houses that we are looking at are roughly the same valuation, perhaps a little less, but bigger, larger garden etc. I am self-employed, my partner is employed, and we would like to improve our financial security by keeping…
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Recent Clydesdale Mortgage error
I am looking for some help/advise on the following matter, unfortunately for me, I was one of the people catch up in the recent error made by the Clydesdale bank mortgage calculation . After several phone call for further information I made the decision to pay the owed money to avoid the increase in monthly payment to…
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Dream house found, declined mortgage by 3 diff companies
Hi all, Myself and my partner have found our dream first house however are having trouble getting a mortgage. We've tried 3 companies, our bank hsbc, post office and northern rock. All 3 declined our mortgage application. So what do we do next?? We have an appointment with an independent whole of market advisor this week.…
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Two mortgage offers
Hello i have made two mortgage applications ,they are checking my details and coming back to me. I have put fees on mortgage. I will take the lower rate one but unsure how to go about anyone been in this situation i have no offer yet.
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Mortgage Application help
I have applied for PO Mortgage on sunday night, got my AIP on monday as the system was down when i made the application. I made the full application yesterday and paid the valuation fee itself at noon. I had received call from the underwriter and the issue and help on which i need is below- I was staying with my family…
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Getting really really fed up of Abbey now!
So I am now two and a half weeks down the line after sending in a change of property form to Abbey, and still no progress! My brokerage manager is now telling me they are asking him for more details - how many bedrooms, what parking? etc etc. They have had all these details before, so why would they be asking for them…
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buying new house but dont want to lose existing interest rate!!
hello everyone! me,my partner and kids are ready to buy a bigger house.we have accepted an offer on our house and our offer has been accepted on the new house..alls good i thought. we still owe 55k on our existing mortgage and will be borrowing an additional 35k for the new house.our existing mortgage rate tracks 0.75%…
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Help With Natwest Mortgage
I have applied for a motgage with Natwest. I am giving a 30% deposit. After 2 weeks from waiting for a reply from the valuer, i have been asked for the building work that was mentioned in some of the reports to be carried out BEFORE i even buy the house :mad:. The work is only a £1000. I cant understand why they want me to…
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Short term loan until mortgage comes through
We applied for a small mortgage to finish off our self build. We have received the mortgage offer and advised our solicitor to forge ahead with the acceptance. Unfortunately they were busy and the paperwork sat for a few weeks and it now looks like funds may run out before the mortgage comes through/VAT refund. What are my…
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can you use csa to get a mortgage?
first time buyer i dont work but get benefits and csa new husband works can i use benefits and csaas extra income? and does it matter how old the kids are?
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Do you need to have identified a house you want before applying for a mortgage?
Thinking of getting on the property ladder. Do you need to have found a house you want to buy before applying for a mortgage or can you just apply for one so that you know how much the bank/ BS are willing to lend. Apologies if this is a silly or much asked question. Couldn't find it mentioned elsewhere.
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Picture Financial Loan to value help.
About 5 years ago I took out a loan with picture to pay off my debts and to just be paying back 1 loan(a costly mistake as I have now found out). My issue is that Picture promised loans up to 125% of the value of your house at the time however the overall loan I got from picture was probably about 150% of the value of my…
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what do banks look for when applying for a mortgage?
hi there im a first time buyer after a mortgage, i have a c card debt close to limit, when i did a check on myself on experian, it did not show up so when bank do checks will they find it? mortgage advisor said i have an mortgage in principle and house i want offer has been accepted when she did a check on her pc surely it…
