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NRAM + consent to let
I just wondered if anyone here had recently got consent to let from nram and how strict their terms are? If they have a max ltv they will consider or if there is a charge etc? Thanks x
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Will a recent short-term move affect my ability to get a mortgage?
Recently I’ve got myself a new job (and are about to pass the probationary period), so are trying to make all the arrangements to buy a second house closer to my work whilst renting out my first house. I’ve already got some tenants who have signed a tenancy agreement to move in on the 1st July and have sent off my ‘consent…
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Which mortgage to overpay and are we on right one?!
Hey all, First time we've ventured in here and would appreciate some advice. We bought a property in 2005 and were on a 5 year fixed - this expired in Dec 2010. We then sold that property and bought another in Oct 2010 at a higher price. We ported that mortgage and got another to cover the full price of the property at 85%…
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A&L fixed rate due to finish, need better rates
Hi am after some advice please, our A&L fixed rate is due to end 30.6.11 have been on to Santander (but got put through to A&L) to find out what deals they have. They offered 3.79% with a fee of £799 3.89% with a fee of £699 or 4.24% with no fee I wasn't evey impressed and wondered if there is anything better out there. I…
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Remortgage for a buy to let
Hi, wondering if anyone can help... My mum owns her house outright, worth about 180k, She wants to retire but would struggle on her pension, I have suggested remortgaging the house and getting about £40k cash to buy, renovate and rent out a small flat, The rent would cover the mortgage and give her a bit extra, AND she can…
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buy to let mortgage
me and friend are looking to buy a repossed house, few quick questions if we do a quick refurb and put straight on the market will we have a normal mortgage or buy to let, also if we do rent it out and then get it valued can we take the equity out and use it for another project
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Anyone else sh***ing themselves in case the interest rate goes up on morgage?
Anyone stuck on variable rate and crapping themselves in case the interest rates go shooting up on morgages?
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Some Advice Please?
Just after a little bit of advice really. I currently have two mortgages on two investment properties I own. Total amounting debt somewhere in the region of 280K. I decided to buy a couple of flats as my company pension is dire. Anyway up until recently I was making overpayments on one of the mortgages until someone told…
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another mortgage question
Had a mortgage with my ex partner but we have split. She has remortgaged and i have now a chunk to put down against a new property of my own. My job is ok and my deposit is around 30% of the house price I;m looking at. I have been out of the mortgage game for a while but fancy a tracker this time having had a fixed rate…
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Extending Consent to Let
Looking for some advice regarding my studio flat which I currently let out. The flat was bought in 2006 for £86,000 and I took out a mortgage for £80,000. For the past three years I have let out this property with a consent to let granted by Santander. The fixed rate of 5.72% ends in June and with it so will the consent to…
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Is capitalisation a good thing?
Help! Need a grown-up who understands these things. We have a mortgage with GE Money and fell into arrears. We are now paying off the arrears monthly alongside our regular payments. The mortgage is an interest only mortgage. The other day someone rang up from GE Money and told us that we could 'capitalise' the arrears and…
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Does HSBC do the valuation survey after they have agreed the mortgage?
I wonder if you can confirm something for me? We have been waiting and waiting for our buyers to have their mortgage valuation survey. They have now said that they have their valuation survey after HSBC have agreed to the mortgage. It all sounds like a stalling tactic to me. Does anyone know if this is correct. My…
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Mortgage for land? or any other option?
After renting land for the past ten years we have found a near perfect yard for sale, for £150,000. It does have living accomodation on site. Me and my fiance currently have £75,000 left on our mortgage, our house has been valued around 135,000. We have a joint income of £50k per annum. I have spoken to a few land loan…
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Remortgage Application - Wife Pregnant
Hopefully this is an easy question to answer, I started an application to remortgage online and came to the question about dependents. So I currently have a 2 yr old and we are expecting the 2nd in a couple of months, do I put down 1 or 2 dependents? It would be so much easier if they asked a question about pregnancy!
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New Build Mortgage Options
Hi all, We're looking into purchasing a new build property from Persimmon, and looking into the various mortgages that may or not be available. A few facts: My salary is £59k p.a with 10% bonus and £5k car allowance O/h salary £12,500 No dependents House value £220,000 (although realistically I wouldn't pay over £200,000…
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buying out my friends share of a flat
Hi My friend and I bought a flat together a few years ago and now we are in a position where he wants to leave and I want to buy him out. We are on a joint mortgage Can anyone give me an idea of the costs involved in this - would we need to get solicitors involved? ideally I would like to stay with the same mortgage…
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mortgage on benefits??
My husband and I separated 3 years ago, he moved out, we're now divorced. I have a court order for him to sign the house over to me, he's racked up huge debts since we split, has an IVA and his creditors were looking to the house to get the money he owed so I need to get his name off the deeds to protect my home. My…
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mortgage up for renewal need advice
Hi all, in need of some advice. my situation is took out mortgage on flat £60k 7yrs ago. took out 20k further advance to set up self employed business that is failing 4yrs accounts. current mortgage stands at 49k. 7k of that is the rest of further advance that i have been over paying. flat is now worth around 45k due to…
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Need to remortgage - but to where?
I am at the point now where I cannot overpay anymore to my mortgage each month as I've reached the 10% overpayment rule with Halifax. I know that some providers allow unlimited overpayments but I'm struggling to find them online. Is there a list on MSE or can anyone point me in the right direction? Thanks
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help with who owns what percentage of house
hello i hope you are well. not sure if this is the correct place to post this so please forgive me if its not. this is a bit of a ramble as well so bear with me. me and my girlfriend have a mortgage. i have some spare cash that is doing nothing in the bank. we are currently on an svr at 3.5%, with no tie ins or penalties…
