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I need advice problem with Santander
I pay my Santander mortgage by cash... i go into my local branch and pay in different amount on different days of the week untill i have the total mortgae payment in the account before the 1st of the month. I had an arrangment to pay of a small amount of arrears so didn't notice at first that there was a problem until i…
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Nationwide Mortgage Offer
Hi We today received an offer subject to survey for the mortgage we want for our new house. Planning to have the survey carried out tomorrow / friday. Does anyone know if this is the last piece of the jigsaw and if this all goes well we are def getting the mortgage? I ask as we have sold our flat and need to be out in 4…
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Shared Ownership
Hi all. Me and my fiance are considering entering a shared ownership mortgage. We are just interested if anybody has any views on them? Also we are seeking to find out: - What happens when you want to sell your %? Thanks in advance!
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How do i build a credit history with existing accounts?
Hi all Myself and my partner are hoping to take out a mortgage shortley and have been checking our credit histories to make sure everything is good. With experian all is good for both of us, however equifax is a different story, my credit history is fine but my partners is poor due to "lack of credit agreements at the…
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Mortgage Arrears - Barclays
I would just like to register what happened to me recently. I increased my monthly payment to my Mortgage Reserve account as I had sailed over the "overdraft" limit on that account. Its a long story, but since losing my lovely husband I have suffered severe financial difficulties, but am coming through them and was unaware…
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Repayment versus Interest only
My fixed rate interest only 5 yr mortgage has expired. The new tracker rate is very low and my interest only repayments have dropped by about £700. Obviously this is to do with the interest rates and I need to ensure affordibility when the rates go up. I do not as yet have the capital arranged to pay off the mortgage and…
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Difference between valuations!
Hello All! Approximately 5 months ago i had a valuation done by Natwest as part of their home owner loan process - the valuation came back at 89,950. I was really unhappy with this but had no proof for them to increase the valuation so withdrew from the mortgage without any costs fortunately. Now, earlier this week I had a…
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how long to pay into protection fund?
Hi all there is a chance that my wife is going to be laid off next month. As she is currently on maternity leave the redundancy process would not start formally until her return in January. As I am not working either we are thinking about taking out mortgage payment protection. My question is how long would we have to pay…
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Capital payments into mortgage
My wife has recently been made redundant and has been awarded a large sum of money. She has now found a new job, which is great; but what do we do with the cash? shall we put it into our morgage or invest else where? Cheers H
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Any chance of getting a new Mortgage?
Hi I currently have a mortgage with First Active. It was on repayment terms, but after my husband was made redundant we changed it to interest only as we wouldn't have been able to keep up the repayments otherwise. We have no insurance to cover this. The mortgage is currently at £67,000. Our house is worth £175K - £180K. I…
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Buy to let mortgage
I recently bought a new home outright in Norfolk having sold my business in London. I am now looking into the possibility of buying a second house in Norwich, with the aim of renting it out for additional income. As I don't have a mortgage on current home, I am unsure as to whether I would to obtain a buy to let mortgage,…
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Transfer of equity!! Please help!!!
Cut a long story short - I have a joint mortgage with a ex partner, he walked out last October leaving me with a lot of dept (joint loans) which he hasn’t paid for, I have struggled with the advise off CCCS and paid as much as I could afford to the creditors. I have missed 1 mortgage payment, and have been keeping up with…
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Mortgage Deposits
How much deposit are you expected to put down on a mortgage? I save whatever I can afford every month, but this isn't much. Basically it's going to take me about 20 years to save £20k, I don't want to wait until I'm 45 to get a mortgage! Does anyone do 100% mortgages these days? Or is the only way to get a loan on top?…
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Banks willing to lend less than 1 year ago?
I took out a mortgage a year ago via a broker for 5x my salary. My LTV was approx 60%. I am looking at moving home and have been to Santander's website and it appears they are only willing to lend just under 4x salary (My Circumstances haven't changed). I will still have around a 40% deposit, possibly 50% depending on the…
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Childcare vouchers warning - can affect mortgage applications!
We've been trying to arrange a mortgage in the last week or so, and it has been truly frustrating! According to our mortage broker, the amount we need to borrow has been well within our affordability range. However, when he faxed off copies of our monthly payslips, which show our childcare vuchers being taken from our…
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FTB Questions
I split up with my ex over 2 years ago and apart from child support, had no financial link with her or so I thought. Did a credit report the other day to find out the mortgage and deeds still have my name on them. Yorkshire Bank have said I'll be classed as a FTB if I haven't had a mortgage in the past 12 months. Would the…
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Mortgage application - joint account with ex
I have a joint account with my ex that I am in the process of being removed from. I will also be applying for a mortgage soon. Should I send a letter to the credit checking agencies (how many are there) notifying them I no longer use this account? Or will they already be aware of this fact? If I need to send a letter, does…
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Adding and Removing name from mortgage
Hi.. all I have a interest only sole mortgage with Halifax for last 2 years. Due to some unavoidable circumstances we need to transfer the ownership and mortgage of the property (family home) from my name to my brother's name. But at the same time we do not want to re-mortgage (in order to avoid early repayment charge) and…
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Signing the mortgage over to me???
I am joint owner with my ex husband on our mortgage of £130,000. My husband wants to sign the property over to me... however, i am not currently working and am in the process of jobhunting. I am really eager to take on the mortgage and need to know how long i need to be working and roughly how much i need to be earning for…
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transfer of deeds
help needed, my ex wants me to transfer of deeds, i have 2 charging orders against me, she will settle with the equity, and that squares us up problem is i go into rented and she keeps house, she is self employed and can afford, her solicitor is badgering me every day, anyone else had experience of this
