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Capped Rate Mortgage
I am wondering if anyone knows of any good capped mortgages around? I have a 15% deposit if that helps.
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Advice: Property Development Startup Funding
Hi all, My father and I are looking to start a small family "company". We've developed a handful of properties over the last few years – mostly at a hobby / second job kind of pace. All done as individual sole traders, not a company. We're considering forming a limited company, and signing over 3 properties to the company…
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Mortgages offers
Hi, Just looking for a little advice. I'm about to apply for a mortgage with my partner, who has an excellent credit history. Recently I have had a few unauthorised overdraft charges on my bank account, which will be on my file, but obviously paid them back with my salary. My partner is selling a property and I am a first…
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Equity release vs mortage when retired
My mother and father in law have recently retired (both aged 64), they have no mortgage on their home but want to move to a different area which has a slightly higher cost for a desirable home of the same size. Their current home is worth about £180,000 so they would look for an equity release to cover the additional…
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How to Find a Broker
Hi So I am looking to find a broker that can help guide me through buying a house as a FTB. I have asked around at work and some friends, but for them it has been many years since they brought. The only people who have brought in the last year recommend London and Country which is not an independent broker. Is there any…
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Best way to remortgage to build extension?
Hi I am looking to extend my house when I remortgage soon. What is the best way to do this? I have been told that you can get a mortgage with a draw down facility. Is this a good way of doing it. Current value of house 140k outstanding balance 85k Extension cost about 25K. Any advice would be welcomed. Jim ps as anyone had…
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FTB - Solicitor help
Hi Has anyone ever had dealings with Lambert Pugh or Eric Whitehead & Co solicitors as I am considering using these for my first time purchase? These are also £300 cheaper than local solicitors
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Moving house/ lender - advice needed please!
Hi all I am new to posting on this site so forgive anything that breaks with etiquette! :o I am looking for advice on my current situation: We currently live in a 2 bed flat, bought for £250k in mid 2007. We have an interest only mortgage with Nationwide. We are currently on their BMR which is 2.5%, and on the £212,500…
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What are our chances...? pls help
I have a few questions; 1. Has the debt to income ratio shifting in relation to the current market? 2. Will they take into account repayment of some debt on completion, however we can prove funds if requested beforehand? I
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Do I fix?
After my initial interest only fixed mortgage came to an end last year I went onto a variable rate mortgage which brought the mortgage down to £300 a month(!) and overpay by £200 which has been nicely paying of the mortgage amount. Now I keep reading things about the interest rates going up and not sure if I should be…
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FTB Bank Statements?
Hi, What are banks looking for when they receive your 3 months worth of bank statements? I'm a graduate and still live within my low interest overdraft whilst i pay off credit cards which incur a much higher rate of interest. As such i'm still well within 2 planned overdrafts. Will this affect me adversely? My credit check…
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Our mortgage
Hi, When our house was purchased back in July 2007 we took out a 2 year fixed rate mortgage with Alliance & Leicester at 5.49% on which the monthly repayments were around £550. When our fixed rate ended I spoke to them and they said we had negative LTV and they could only therefore put us on a tracker mortgage, which is…
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Can I end my frixed rate early and go onto their variable rate?
I havent got the exact calclations in front of me But we currently pay £618.51 mortgage on a 6.29% mortgage with C&G till April 2014 (was a 5 year fixed rate thing) After the 5 years it was to go onto their variable rate which roughly was about £450 a month There is a early repayment charge on this deal (dont know the…
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A bit of Advice please?
Not sure if this is in the right place, and I have no idea what i'm supposed to be doing about all this. Me & my husband are separating, we have been togther 10years, married for 2 with two children, 5&6. I moved into his house back in 2002, from this point we split the bills 50-50, and he added my name onto the morttgage.…
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First Time Buyer
Hello, first time buyer and first time poster :j A house has come up that I like, a semi at £110k. My annual salary is £27.5k, although usually I recieve expenses in the region of £200-£500 a month. I've also got the option of the odd bit of overtime, and perhaps on-call which would bump me another 10%. For mortgage…
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Are we likely to be able to get a mortgage?
Dear all, I am 25 and a fully qualified chartered surveyor earning approx £30,000 basic salary at present. I currently have approx £9,000 debt on credit cards (no payments missed within last 24 months). I also have about £5,000 on a car loan which has never had any payments missed. I do have a default on my account from…
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Leaving £1 for deeds to be held by bank
I will be paying off remainder of my mortgage this month with Santander ( formerly A & L) I have heard that if you leave £1 unpaid the bank will hold your deeds. Is this true ? Any problems with this> Can anyone help please?
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95% mortgages - mythical beast?
Hi guys I've been doing a trawl for a 95% mortgage for a home mover and so far I have not been able to find anything. Does anyone know if these exist as branch only morgage deals? I've been getting an idea of how much I can borrow from a couple of banks and I am looking to borrow under my lending capacity by quite some…
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FTB-Advice needed
Hi, We live in Leeds. My spouse wishes to apply for an internal transfer to Surrey as there is a suitable job opening there. This process may take 3-4 months with a 100% chance of getting the job. Btw, we have friends there in Surrey who suggested some properties which we love and it is well within our budget. Now my…
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re mortgage
we have 11 years left on our mortgage and have enquired about re mortgaging to do some home improvements. Four years ago I defaulted on a personal loan due to changes in household income but I settled the outstanding balance very quickly, my credit score is 900. Our lender has suggested taking my name off the morgage, as…
