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voluntary repossession and expartner is bankrupt!
Hi i really need some advice please. Cut a long story short separated from ex partner he is bankrupt, am unable to meet mortgage repayments, tried selling, thought of renting, but mortgage company arent happy, as there is two thousand pounds arrears. Official receiver need to be informed about renting, and need to agree so…
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Potential Problem with new mortgage
My partner and I are thinking of buying a new property. We both currently have existing properties with mortgages. My problem is that my mum lives in the property I own as I bought the house under the right to buy scheme (ex council house). The property is in me and my mums name and I wouldn't dream of asking her to move…
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Oh my god, we've been turned down!
I am gutted. Weve been turned down for our Norwich and Peterborough Mortgage. I am confuesd as to whether wehvae actually been turned down as The guy said on the phone sorry the maximum I can lend you is £140,000 and this was only because there are 2 adults and 2 children in the house?????? Does the fact that weve still…
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Endowment Policy matures Nov 2011 - change to Fixed Interest Deposit Fund?
Hi everyone I've looked around and could only find a post for 2008, so thought I would pick your brains again. I have an Adaptable Endowment Plan which will mature 1 Nov 2011. The company (Zurich) are saying 'The periodic review, which ensures contributions are sufficient to support the benefits selected, has just taken…
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Timber Framed Properties. ..Does Yorkshire BS Lend
Hi all We have looked at a timber framed property, rendered on the outside. Just wondered if anybody knew if the Yorkshire Building Society lent on such properties. One other issue is that the walls are only 140mm thick and I beleive some companies only loan if the walls are over 150 mm thick. We are looking for approx 75%…
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Re-Mortgage advise please
Hi my mortgage is coming to the end of its fixed rate deal at the end of December and will automatically change to a variable rate which at the current rate is cheaper (almost half) then what we are paying now. The fact that the interest rate is so low at the moment is it wise to stick with this and pay of some of the…
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first time buyer
need to borrow 85-90% for my first home , I have an unblemished credit record but my parents have substantial debt, I have lived at the same address as my parents all of my life and I am wondering if their poor credit history will affect my application
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Length of employment when getting a mortgage
Hello everyone, Was just after a bit of advice, me and my partner are currently saving for a house we should have enough for 10% deposit and moving costs by December. My question is, as I am currently unhappy in my job, would it be risky moving jobs now? I believe you need to have worked 3 months before you would get…
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Help please
Hi Please help, im thinkinf buying out of my existing Halifax mortgage and going to a different bank at a much lower interest rate, thing is that i have a penalty for getting out with 12 payments left. Currently it works out that from a 1,500 montly payment only 33% of this goes towards bringing down the capital. Where as…
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90% deals - any good ones about?
I'm losing the will to live. My husband and I are trying to buy a house in Bath. It's not the cheapest place to buy (by a long way), but we love it and I don't drive so really need to be living within the city. We've managed to scrape together around £20k for a deposit (plus another £4-5k for the actual cost of buying) and…
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Help with mortgage quotes
I would like to know how much i could borrow if I were to take out a mortgage, could anyone help how i could do this? properties i am looking at are £70k - £90k. My bank accs are with Barclays and Santander. Any help would be great! Thanks. NI10 :money:
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Fixed rate- good deal?
Our existing fixed rate mortgage has now expired and we have been offered a continuation until 2014 at 4.7%. In the current market is this a decent rate or not?
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Chances of getting mortgage
This is the situation: Partner is divorced and finalising financial issues after splitting up with ex wife 4 years ago. It looks likely that he is going to have to stay on mortgage with ex wife until youngest son is 18 in 5 years time. Mortgage on the house is £150,000, house is worth approximately £220,000. They have a…
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FTB - Not sure where to go from here
Morning everyone, I am hoping you guys can offer some advice as am feeling really nervous, and am really not sure where to go. Looking on Rightmove a few months ago a flat came up that was very reasonably priced (£84500 in Mid Essex) and thought what a bargain, but we were not in the right position to even start looking at…
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Post office bank of ireland remorgate is it safe?
Hi, I am going to remorgate and have decided to go with the Post Office as they will give me a good deal. Only problem is the morgate is through the Bank of Ireland. Someone told me they are going the way of Northern Rock last year and will need money from the government to stay afloat. Does anyone have any advice is it…
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Mis sold endowment - should I claim?
I have been approached by EMCAS who tell me I am probably eligible to put in a claim for being mis sold my endowment policy in 1993. Surely I am past the time that I can make a claim, which I thought was 6 years from taking out the policy? Although the policy has been taken over by Royal London. Also, the company that sold…
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Will We Get our Mortgage Approved?
Hi All Wonder if you can help. My partner and I both own properties, mine has a mortgage of 165K and his 90K. We have found a house that we want to buy and are looking to take a 85% mortgage which will be 211K. My partner is already letting his property at a profit of £350 per mth and we plan to rent mine which will also…
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Outstanding Premiums with the Cheshire
I have received a letter telling me I have outstanding premiums on the mortgae which will be added to the mortgage balance and will attract interest. What are these for please I don't understand?
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Barclays Offset Mortgage
Family member is looking at this mortgage. His house value is £600k - no mortgage o/s. His objective is to obtain an offset mortgage with a draw down facility of 70%. His broker (a friend) has suggested Barclays Offset BBBR + 2.49% variable for the term £1499 fees - which includes everything apparently. It seems a decent…
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predicted income/mortgage
Have 50% deposit and want to borrow to buy an equine property on which to run a business. Been to several high street banks and they are impressed with figures and income receiving at the moment in the same line of work but on rented property. However banks wont consider us on a 'predicted income' even though we can show…
