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reposession advice - please help
Hi, has anyone got any advice or experience of the situation below, if so please let me have your thoughts. House has a mortgage of 423K and arrears of 30K. Reposession order was granted however judge made them wait 56 days as house is cuurently on the market. House is valued at approx. 375k but has been for sale at 410K.…
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Switch Mortgage
Is it possible to switch your mortgage if your out of work? Im not in arrears & I am in a position to add a small amount of capital if needed. Just wanted to check here first before I contact a broker in case somebody can recommend the best way forward. I have already tried everything with my current lender to get a better…
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Can I change from freehold to leasehold?
Some time ago I inherited a large 2-storey house. Somebody suggested that in order to make some money I could split the house into 2 and sell the lease on the top storey for a limited period. I would still be able to live in the bottom half of the building. Now, some years later, I am attempting to draw down some income on…
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Buy to let advice
Hi does anyone have any experience or adviice on buy to let mortgages and what it's actually like to rent a property out, the best way to do it etc. Thank you.
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Advice on Halifax mortgage and defaults
I hope the knowledgeable people on here have some advice on my query. I am currently looking to buy a house and am hoping that I will have an offer accepted any day now. I have an AiP with Halifax, but Looking at my credit file I’m not sure how successful my full application will be My figures: I want to buy a house at…
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25 year mortgage vs 35 year + overpayment?
All other things being equal, am I right in thinking that you would pay the same over all for a 25 year mortgage and a 35 year where you overpaid the difference? The only difference is that the compulsory payments on the 25 year are higher? Sorry, just trying to figure what length of mortgage is best.
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Thinking of getting a house with the gf but....
Hi all; I currently own my own mortgaged house. My GF and I are thinking about moving in together and wondering if its possible to get a house together. The trouble is the GF is a student but works part-time casual, she has 10k savings but if i was to try and get a mortgage together would it go against us as she was not a…
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Mortgage Trouble
Hi Everyone, Sorry if this is abit long but any advice would be much appreciated! Basically me and my boyfriend bought a flat just over 3 years ago for £82000 with a 100% mortgage, a year later we split up. He moved back to his parents and i stayed in the flat alone. We were in a fixed rate for 3 years costing £490 a…
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Fixed or Lifetime Tracker?
Hi All, Just had an offer accepted on a flat and I wanted to pick everyones brains on mortgage types. The property is £150k and I would be willing to put up to a 35% into the purchase. I have narrowed this down to the following deals. [STRIKE] Fixed - 2 year fixed at 3.14% with ING (75% LTV)£155 valuation, £195 booking,…
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Will i get a mortgage with a default
I have one settled default, dated May 08. Barclays have only just updated my credit report i paid it off November 08. Otherwise my credit report is good. Same address more than 3yrs, electro roll, credit card which i always pay on time. But i always get turned down for credit because of the default. I work for the NHS…
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Do we need a 10% deposit to move to house?
Hiya. I'm after some advice please. I have a new better paid job in Manchester so we need to move house (from Shrewsbury). Our oustanding mortage is £81k. The Estate Agent has told us to put on for £89995 (we're currently on for £95k). If we sell for (eg) £87k can we buy for £87k and keep our mortgage at £81k or would we…
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Barclays useless mortgage underwriters
I am a current barclays mortgage holder who was retired from the company due to ill health in may 2010. My ill health being, i suffered serious injuries when hit by a car. The insurer for the guy responsible have helped me with maintaining my life by replacing my old salary to save further problems arising that those…
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Paying off overseas mortgage
Hi I live and work in the UK have a mortgage in Portugal on an apartment and would like to pay a lump off it off around £25k.My savings are in UK £ can anyone suggest the most efficient way of transferring payment , and where the best place to buy Euros would be. Any suggestions would be welcomed
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Santander Mortgage???
I am about to apply for a mortgage with santander and i was wondering if anybody else has used them or had any dealings with them? What are they like? The mortgage is a tracker at 4.99% at ltv 90% and £495 fee Any help would be great Thanks
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Mortgage for a second home Q's
Thought i would get a quick heads up first before i seriously start looking into thinks. I own a property outright (fully paid off mortgage) and me and my g/f are thinking about buying a second property for :- 1:- Somwhere nice for her to live (She has to live away 4-5 days a week due to work commitments, currently renting…
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Query re. increasing mortgage and affordability
Hi We're coming to the end of our fixed term in the next few months and due to work issues we may want to move house around the time that the fixed term comes to an end. As such I've started thinking about mortgages> My query is: Is our affordability be likely to be based on multiples of our salary and our outgoings. Or…
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Getting A Mortgage With Settled Default
I applied for a mortgage with Halifax but got refused due to an outstanding default on my credit file.Default is now fully paid up and showing as settled in full on my credit file.I have no other outstanding debts,on electral roll,etc. Should i ask Halifax to relook at the mortgage application or am i better off going…
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Conveyancing: Contract and Land Registry plan
Hey guys I have a question on conveyancing, sorry to be posting in Mortgages, but didnt know where else to post, hopefully i will be ok :) I have received a contract from the solicitor (house purchase) with the attached Lan Registry plan. I am happy with the contract but as I was just about to sign it, I noticed that LR…
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FTB Mortgage Advice
Hello All, We are FTB looking to buy our first property in Purfleet in Essex. We have a 20% deposit but im confused with all these mortgage deals and not entirely sure which one we should go with e.g. fixed, tracker and variable etc. Now from what i have noticed, as we are first time buyers we cannot be put onto the…
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Mortgage with criminal conviction
Hi I need help and I need it asap please as I need to decide what to do today. Bit of background first... October 2008, working in Marble Arch, jumped on bendy bus, thought I had money on Oyster but I didn't. Before I could get off at next stop I got stopped by inspector and fined. I was told I could appeal and did so…
