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Late credit card payment and mortgage
Hi there, i have posted on the credit card board and I was wondering if you could help me as well. I have just realised that due to the bank holidays my credit card payment is going to be late should be paid by the 26th. We are in the process of selling and buying another house - will this now affect our mortgage offer and…
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current buy to let mortgage want a new mortgage
I currently have a buy to let mortgage. I wish to buy a new home with 85% LTV but do not want it to have any effect on the current buy to let mortgage i have. Is this possible or would they be linked.
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Mortgage/Credit Question
Hi, I've been in the process of remortgaging. I've received a verbal offer and am just awaiting the formal written offer. However, I've now decided to stay with my current lender. I'm just concerned now about how my credit rating may be affected? Any advice appreciated. Many thanks.
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FTB Mortgage/Credit Score Worries
Hi, I'm a FTB looking for a mortgage and while I think our deposit is alright for what we want to borrow, I'm worried about my personal credit score. I had a loan in the past that I never defaulted on and paid off early, and I've pretty much always just paid off the minimum on my credit card (just one, with a limit of only…
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Pay off Mortgage or continue with Loan
Hello advisors I have a mortgage which is due to finish in Dec 2012 but will have about 20,000 more to pay due to endowment. I have the flat rented out and I was wondering if it was better to pay the rest of the mortgage off and then pay tax on the rental income (I don't at the moment) or take another loan for the…
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remortgaging and releasing equity question
Hi I have just read another thread where a poster has commented that if you remortgage with the same lender as your previous deal that they will not do a credit check. Is that correct? I took out a mortgage of £245,000 with alliance and leicester in Feb 2007. I put down a deposit of 16% £45,000. The house was valued later…
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Unmarried Joint Mortgage and seperation nightmare
Hi Just wondering if i could get some advice, I left my partner and my children 2 and half years ago cause of circumstances anyway i live at my mothers :( but have the children every weekend:j. I still pay all the mortgage and all the bills for the house my ex lives in and to be honest its killing me i never have anything…
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Two Credit files don't match up - Meeting for an AIP
Hiya, my partner and I are going to the bank on Saturday to get an AIP for buying a house. We're going to Nationwide and I am aware that they use Experian for their searches. My Experian account is pretty much clean. A late payment or two 36 months ago and nothing recently. No excessive amounts of searches etc. However on…
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Nationwide Fixed Deal due to end in June 2011
Hello, Using this as a mechanism to clarify my thinking and hopefully gain opinion on the best course of action. My 5 year fixed at 4.69% deal with Nationwide end in June 2011, reverting to the BMR of 2% above BoE rate (currently 0.5%). Current debt is around £58200, with a redemption date of Oct 2016. Mortgage is part…
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Endowment Policy Maturing
Hi, I have 2 low cost endowment policies maturing at the end of June linked to my mortgage (part interest, part repayment). My mortgage is due to finish in 2014. Should I pay of the interest only bit with my policies or wait for the full term of the motgage to run its course?
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Current Deal Due To End....
Good Morning Everyone! So, our deal is shortly due to end and i am unsure what to do.... Outstanding Balance = £162,934 Current Deal = 3yr Fixed @ 5.99% We are with the Halifax so we are going to drop onto their SVR of 3.5%, then over pay to continue paying the same amount (don't want to pay less). We have also been…
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New mortgage with bad credit
Morning all, firstly hope this is in the right place, if not please move. Anyway, A bit of history we brought our first house about 6 years ago, paid 79K for a 2 bed terrace in rhyl. mortgage was with NR and they gave us 115% house value (with an unsecured top up) I came with some bad credit from uni, and the wife did…
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What are my chances....?
... Of getting a mortgage for £200k on a salary of £45k? House price is £250k. Basically, I've been living overseas working for a UK company in Australia for the past 14 months, and now we find ourselves pregnant and considering moving back to the UK. OH is self-employed. My maternity leave would start end of November, so…
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Getting a Mortgage...3 years afer bad credit (missed payments etc)
Hi Folks, I have just come out of having a bad credit history for the last 18 months consisting of: · Missed/late payments on credit card · Going overdrawn a few times · Having to set up a payment plan over 5 months on my O2 mobile as received a huge bill None of these have been recorded as a default though. However, since…
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Halifax Mortgage Application
Hi, Spoke to a mortgage broker on Friday morning and by the late afternoon had an AIG from Halifax. Today I have the surveyor going to check out the house, if this is ok, how long do the Halifax take to process the rest of the mortgage? After the valuation has been completed should I keep onto the broker to ensure it goes…
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could a bank error mean anything?
hello money savers, I have a quick question on my mortgage from a very big bank. A couple years ago I tried to claim for mis-sold mortgage protection but the bank refused to grant it. And as the mortgage is still on I figured hey I might actually need it at some point so did not go to court (touch wood right?). As I was…
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Mis-sold Mortgage?
Hello all, I'm new to the forum, but have been money saver for about four years and am currently debt free, poor at the moment, but debt free! Anyway, I have a question about my mortgage. I naively purchased a house 5 years ago and paid too much. Other houses on the street were selling for about 15k less than I bought…
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Gazumping !?!?!
Hello all, We have an offer accepted on a repo. The mortgage is now in place and it has had validation by the abbey. We are now waiting on solicitors. Just so we are prepared. We had house for £4000 less than asking price. If we are gazumped at this stage, could we put another offer in for £4000 more? Or because the…
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Any way of getting a Natwest 95%?!
We are looking at moving home and need to stay with Natwest for our mortgage due to a massive ERC. obviously we can get a 90% fix with them but is there any way we can get a 95% LTV? I keep reading (probably false) information online about deals like these available through brokers only and also that banks may consider a…
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Eek, fixed rate or tracker...?
Hello, I realise that this is the $75,000 question, however, being an indecisive character, I would greatly appreciate some advice. My 3 year fixed rate of 5.54% with the Skipton finishes at the end of this month. My LTV is 75% and I owe £97,000. I feel aggrieved at having paid such a comparatively high rate for the last 3…
