-
Discharged Bankrupty, does it show on conveyancing search?
Hi All, I was made bankrupt in 2003 and am long since discharged (credit rating is excellent now, no problem getting bank accounts/overdrafts/loans/credit cards). I have passed the initial searches for a 'non status' mortgage and am looking at borrowing 65% ish (£225,000 house, I have £80,000 deposit). My specialist broker…
-
Endowment advice?
Hi everyone, sorry for another Endowment question!! I took out an Endowment policy in 1994 with an interest only mortgage. I sold the property many years ago and since then I have always had a repayment mortgage but retained my original Endowment as a savings plan. I have been receiving a lot of Shortfall Warnings from…
-
Deposit Question
Hi We have had an offer on a house accepted. Purchase price is 150,000 and we have 10% (15000) to put down. The house is on for a quick sale as it is a probate house and the seller just wants rid. The house was marketed at 170,000 . we went in with a cheeky offer just to see and amazed as its accepted. All the houses on…
-
Help Please!!! Changing House Ownership.
I bought a leasehold property with my sister a few years ago, on an interest only mortgage. I paid the deposit and all the house fees but we agreed that the house would be split 60%:40% in my favour. I have been making most of the mortgage payments etc as she has run into money problems and it has resulted in a few late…
-
End of Yorkshire Building Society 5yr fixed
Hi, We're coming to the end of a 5yr fixed (4.5%) deal on the 31st Dec. We bought our house for 220,000 and put in 20,000 to secure that rate. At the time it was a good deal for us as we had one income as one of us was at university, therefore living off one income was tight but nice to know our mortgage payment going out…
-
Previous Mortgage Application - Financially linked to
I just signed up for a Equifax credit report, to have a look at some details from my credit history. All seems well, never missed a payment for anything, but I just clicked on "Financial Associates" and its saying that I am linked to my girlfriend due to a previous mortgage application that we where approved for but did…
-
NR buildings insurance penalty fee
Hi I have had a northern rock together mortgage since Dec 2006. My question is, when i took out the mortgage on my leasehold maisonette, i was charged £25 for not taking my buildings insurance with NR. As the mortgage was for a leasehold property for which the buildings insurance is included in the monthly service charge,…
-
Can anyone recommend a mortgage broker in Bristol?
Hi My current mortgage deal runs out at the beginning of next year, i would like to see a mortgage broker as im a bit confused as what to do. I wouldn't be able to pay them a fee upfront as i have no ready cash! Can anyone recommend a decent whole of the market broker in the Bristol area. cheers
-
Self Employed - Mortgage Broker ruined application?
Hi All, I'm self employed and have found that not many lenders deal with self employed people with less than 3 years accounts. The house is a new build and as such the builders recommended the New Homes Mortgage Helpline. They seemed brilliant, very helpful, came and visited me and got all the required details. Our first…
-
Worried.... Agreement in principle
We have an AiP from halifax granted on Tuesday, on the strenght of that we offered and had accpeted our offer so yay :D then on Wednesday we submitted a full application and took the broker payslips, bank statements etc basically the information that was asked for at AIP stage. We came back as an A whatever that means on…
-
Newbie to this game - bit of advice plz
Hello all, might have to forgive my ignorance as just posting here is my first inital steps into the whole mortgage game. My partner, and i, have been looking at a few houses ... we have a healthy deposit, in excess of £100k, and with an income of around £50k (Self employed). What type of figure are we talking about how…
-
Self Cert Mortgage or there like
Hi All wondering if any one can help me on this. I am recently divorced living in rented accommodation, I have retrained to become a swimming teacher and lifeguard. I am earning enough money to pay my rent and also all my bills yet a my bank won't touch me with a barge pole for a mortgage! They tell me that due to having…
-
Is 4.99% fixed for term - self build mortgage a good deal
Hi All I have been offered 4.99% fixed for the term of the mortgage -14 years by Dudley BS for a self build/renovation mortgage of £110k. What do you think, I am thinking that if rates do start to rise again I could be ok with this, ovdrpayments allowed etc., I am really new to this as any advice is welcomed. Thanks
-
Unemployed remortgage advice needed please!!!
I will keep this as short as possible. My brother-in-law was recently laid off from work and is in receipt of sick pay (from DWP) while awaiting an operation. He has, like most people, accumulated debts while working and is now struggling to make ends meet, which has caused him to fall into arrears with his mortgage…
-
Bridging Loan or Similar Option
Hi I am currently living in France with fully paid house (worth about 250,000). I want to move back to UK (either temporarily or permanent) and am in process of selling this property. I want to buy a house in UK (cheap - only about 100,000). However, ideally I want a house already bought at the same time as selling this.…
-
Northern Bank Re:Pay Mortgage....any good
This seems like a very flexible mortgage for people whose incomes fluctuate, it also seems to be quite a sensible way to manage a mortgage... But is it any good? http://www.northernbank.co.uk/en-gb/Personal/mortgages/Residential-Mortgages/Products/Pages/Northern-Repay.aspx
-
Low Income - Mortgage needed 90%-100%
Hi everybody Im new to this site and been browsing it on and off in past year but now I have decided to buy a house, its desperate and for the future. However, I've hit some problems. Let me start with the predicament im in.. I am earning 14250 a year anid also overtime is available. So lets say I can make around 200 a…
-
Mortgage deal coming to an end, what next?
Hi Everyone, been loitering in the shadows for some time, and have been benefitting from some excellent advice from the website regarding managing money and budgeting, and debt (currently £7200 on credit cards, but have managed to pay off £2500 in 8 months) . I have decided to join in the fray, as I would appreciate some…
-
Part repayments. Is it worth it yet?
Hi. Ive a fixed rate morg 4.29 % with halifax of 16686 outstanding. It currently has a erc of £368 on or before 31/10/2011. Monthly payment of £186 My previous morgage was all but payed off and i luved the feeling of banging overpayments into the halifax every few months and watching my balance and monthly repayments fall.…
-
Mortgage relief due to seperation
A friend of mine has recently separated from her husband and he has now moved out of the family home. She has a young child with her and the house that they lived in has a joint mortgage. She will still be living in the house, and her ex has been suggesting that she can get something like some mortgage reduction or relief…
