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First Time Buyers Looking For Mortgage
Hi, Me and partner have now finally had enough of wasting money on renting which is costing us £650 a month not including any bills.:( With the cost of rent and bills we are struggling to save so have been looking into the schemes available with new home builders who will give you a loan for 10% you pay just 5% and you…
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FTB advice please
Hi, Not sure if this is too early to ask the questions but here goes anyway; We are looking to purchase a house around Sept 2011 (this time because we would then have the at least 10% deposit), at a maximum value of £300k (although some of the properties we have looked at and like are around 220k). Combined income is circa…
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Bridging loan - to finish house build
We a renovating a coachouse on a large plot 1/2 acre, which we bought outright and have funded the renovations so far from savings. We took a build loan with Halifax to finish it £115k ( house& land valued at 300k now and projected £550k when complete. We started to draw down the mortgage in January, but have now realised…
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need advice
I own a property jointly with my parent as tenant in common I plan to sell property and use the equity and obtain mortgage with fiancee to purchase another property but my parent will continue to live with us, Does my parent need to be on title deed and can my fiancee and me obtain a mortgage without my parent being added…
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Mortgage checks - help!
Hi We're waiting to hear if our mortgage is approved having recently had our offer accepted. The only problem is I work for the public sector and the cuts to jobs are on the way. I haven't had a letter yet to say my job is not safe but am sure it will arrive by the end of March. Do mortgage companies ask your employer if…
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Who's the least pickiest?
Mortgage lender that is. I've read on here of HSBC being the pickiest, so who's the least?
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Have you recently switched to a fixed deal or are you holding on?
Just thought I'd see if many have switched to a fixed rate recently because of possible interest rates? And also, how many are like me and are just hanging for a bit longer? And how much longer? Thanks
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Mortgage while on contract
Hello, I was on contract job for last 2 years. Started a new contract with a new company, for 6 months, early in February 2011. I am on gross over 100K per annum. Went to the back today to enquire about the mortgage options (first time buyer!). They say since my current contract is ending in 6 months, I wont qualify for…
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mortgage change since application
I have recently applied for a santander mortgage, and i have just noticed that since my full application was completed by my mortgage advisor and all sent off etc that the rates have gone up! What does this mean for me, because i applied for a specific mortgage deal will i still get that deal? Bit worried as i obviously…
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Changing names & term on mortgage
We are considering options for helping our son buy a house. If we take out a 3-way joint mortgage we can raise enough, but because of our age it would be over 11 years, and we would need to do a 50:50 interest only:repayment mortgage if he is to afford the payments. Our intention would be that when he marries we would…
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Best 5 year fixed thread
I was at my whole of the market broker today looking for best 5 year fixed rate mortgage available for 60% LTV for FTBs. The best deal she found was 4.49% with a booking fee of £99, arrangement fee of £900 and valuation fee of £305 with Nationwide. There was also a £90 for remortagaging etc to get out of it. Does this…
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HELP! Abbey Mortgage Declined - appealing now!
Hi all, Here's where I stand: I have no debts on credit cards and 1 loan of £8k with Nationwide which is secured against another property of mine. The repayments are £80 a month on that. I earn £85K a year working as an IT Consultant and am single. My other property is being rented at 900pcm with the mortgage being £612…
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Transfer of equity removal of name from deads
Help please i am getting the run around from my lender. I own a leashold flat that i bought with my father as a right to buy, at the time i was living with my father, i am now married and live elswhere. Both of us are on the deads and the mortgage. Even though my father is on the mortgage he does not in any way contribut…
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Mortgages & Defaulted Accounts
Hi Me and my husband are in the process of applying for a joint mortgage. My brief history is back in 2004 I got into trouble paying all the creditors I owed (loan, credit cards) so went through Payplan. I have now been debt free since end of 2009. I was told by a colleague to obtain my credit report before applying for…
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Removal of Legal Charge
Can anyone help. I wish to remove a legal charge I have on my former matrimonial home in favour of my children, as my former wife is now deceased. On contacting the land registry I was told that the property itself is not registered and therefore i cannot use forms DS1 & DS2 to remove the charge . I was advised to attach…
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65% LTV mortgage eventhough credit rate 975
Hi there, when i tried to get mortgage i got 65% LTV even though my eperien credit rating 975.. can anyone help
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Help - Mortgage advice sought - to fix or not to fix
Hi, I have a 100% 164K interest only mortgage which I'm currently making interest only payments on of £580 a month. I checked with my bank if I could switch to 2 year fixed rate repayment and I can but it'll bring payments to £1,100 pounds per mount at 5.99% APR. Should I simply bite the bullet and take pay this hit -…
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Any long-term fixed rates out there?
Hello, My partner and I are first time buyers. We want to fix our mortgage rate for more than 5 years (for security), but there doesn't seem to be much out there. We have tried two different mortgage advisers (L&C and a local one) and they both found a 10 year fix with Accord but unfortunately it was withdrawn recently.…
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Does no-one cares? Pre 1988 endowments
So, I have two endowments that are pre 1988 and it appears there is no-one in this green and blessed land that is willing to investigate pre-regulation (pre 1988) endowments. Financial Ombudsman has told me they don't cover it and then referred me to the FSCS and guess what? They don't want to know…
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Moving mortgage to new home?
Hi My partner & I took out a mortgage in 2007 which still has a balance of £153k. We are now looking to move house and have seen one which is £144k whilst our exisiting home is worth roughly £160k. The problem we have is that when we took the mortgage out we were both earning a full time wage but now my partner has gone to…
