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Can I get a mortgage with a settled arrangement to pay on a credit card 3 years ago?
Hello, I am a first time buyer with a decent salary. Next year my partner and I would like to buy a house. The trouble is I have an arrangement to pay on a credit card on my credit file settled in 2009. Will this affect my ability to get a mortgage? Any advice would be great. I would be bitterly disappointed if it means no…
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Releasing Equity in current property
Hi We are currently trying to sell our property and have seen the property of our dreams. A situation i'm sure many people have found themselves in. We can afford to pay the current mortgage and a mortgage on the property of our dreams until our current property sells but the deposit is locked into the current property as…
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Another Barclays Mortgage Condition Query
Hello I posted most of the below at the bottom of an older post - stupid I know, so thought I'd start a new thread. My partner and I recently applied for a mortgage with Barclays / Woolwich for a new house that we are buying. We sat with the FA in Barclays for around three and a half hours filling in an application. One of…
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Mortgage Approved - Valuation Comments: Advice Needed..?
Hi. We have just had our mortgage approved with Natwest and the valuation has been completed with the below. Could someone please advise if this is good, bad or acceptable? Specialist Reports: Dampness was evident to the ground floor walls in particular to the front bay. Instruct a specialist contractor to investigate the…
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Getting on the property ladder
Hi Me and my other half would love to get on the property ladder,we have currently been saving for a house deposit and so far saved between £11-12k. We are both in our middle forties, but are we too old to even think about getting a mortgage? as most mortgages run for 25yrs. Tho we wouldn't want a large mortgage-our…
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end of variable, want fixed but what?
Hi there I am in a predicament re: my remortgage of property and wondered if anyone could offer some advice. Its worth £150,000 and we have £105,000 outstanding therefore 70% ltv with 17yrs left to pay. Currently with santander therefore £225 exit fee. I really want another fixed rate but completely unsure which one? I…
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Early Redemption Fee
I took out a 3yr fixed rate deal starting on 1st June 2008. Monthly fixed payments have been made on 1st each month since then with the last payment to be made on 1st May. On taking out the mortgage I was informed that there was an early redemption fee of 2% of the remaining full balance of the mortgage. I am now in the…
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Is fixing a mortgage rate a good idea atm?
Our mortgage has just come to the end of a fixed term at 3.7% iirc. I've found one deal which would offer us 5% fixed for 10 years, and others offering much lower, incl iirc around 2.6%, for just 2 or 3 years. We have around 60% equity so can get decent deals, which I am grateful for. Increasing to 5% would cost us around…
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Do I Have to Pay Mortgage Off Now?
Hi, would appreciate some advice please before I contact our mortgage lender (Santander). Background - my husband sadly passed away a few weeks ago. Our mortgage is in joint names and we only have two years left before it's due to end - approx £29,800, down by overpaying the last few years from £35,000. It is an endowment…
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Joint voting rights?
Hi all, FTB buyer here and our solicitor highlighted the fact that our mortgage offer refers to 'joint voting rights' - any idea what this means (she's off for a few days and trying not to slow process down)? Thanks all!
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Getting name off mortgage! HELP PLEASE!!!!
ive got my name on a mortgage with my ex husband on our old house as he ran up debt worth more than the cost of the property and i am not able to get my name off the mortgage which is now affecting my life due to the bad credit he has left!! neither of us live in the property and it is now under reposession due to him not…
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Negative Equity
I am currently living with my BF who is still married. His wife left him 2 years ago. They own a house together which me and him live in. It's market value is about £150000 and their mortgage is £156000. We would like to stay in the house and take her off the mortgage but the bank only value the house at £140000 and then…
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Interest only Mortgage ?
Hi , When my income diminished to half 7 yrs ago I switched to an interest only Mortgage Deal with £20,000 remaining on the Loan which is due in 2 1/2 yrs time . I retired 2 yrs ago and live on Pension Credit supplemented by a token income of £50 per week . We have no savings or any means to repay the loan once due and we…
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should i fix now??????
my base rate tracker (interest only) has come to an end and im being transferred on to a svr of 3.5% (£330 pm). is switching to a fixed rate of 5.79% (£544 pm) for 5 yrs a good idea right now or not? any advice would be greatly appreciated, thx
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abbey mortgage
Hello, we are going for a repossession property and we need to get the mortgage in place with 28 days or the repo company will withdraw. Our mortgage advisor has said to go with the abbey, are these usually quick at putting through an application?
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Fixed or Tracker
Hi everyone, I'm sure this has been brought up before so sorry to bore you. My situation is that I am a first time buyer, I have a fairly good deposit (25%) and am currently looking at houses. I have met with a couple of mortgage advisors and decided to go with a fixed rate mortgage, as then I will always know what I'm…
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Bank accounts and Mortgages
Hi, Not sure if this is the best place to post! Basically I have a number of old saving accounts and a couple of current accounts with different banks I opened in the past when the interest rates for those accounts were better. The money has been moved elsewhere with a nominal amount in there keeping the accounts open. I…
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What is best way to borrow?
My partner has sold her house for £200k and we are buying one together for £350k. My house (no mortgage) needs a lot of work before selling when it will be worth 350+k so we need to raise £150k now. Once my house is renovated and sold (could be a couple of years in todays slow market) we will clear the £150k debt. Am I…
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Northern Rock Together Mortgage
Hi I am new to this so hope this makes sense! I am in need of some advice and dont know where to turn! Me and my partner looked into getting a mortagage in 2007 and with no deposit we were told Northern Rock were the only ones who could help! We rang Northern Rock took all our details and told us to look for a property so…
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Self Employed - best lenders?
Anyone know if any lenders out there will accept one SA302 for year ending 2011, as income verification? LTV 55% wth good credit rating.
