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Halifax mortgage coming to end but had late payments on credit card
Advice needed - My fixed halifax mortage is coming to an end and will then revert to SVR. All my accounts, credit cards, loans etc are with halifax also. I have however had a few late payments on my credit card in last 4 months. All other debts with them inc. mortgage have always been payed on time. I want to fix my…
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End of Fixed Rate - What to do?
Hi guys, My 2yr Fixed Rate deal with C&G is about to end and they are now giving me the option of taking out another 2yr deal (at a cost of £999!). If I do not take them up on their offer and revert to C&Gs SVR I will be saving a whopping £250 a month! - very tempting indeed. If I take up the new 2yr fixed rate deal I will…
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Paid fees but NO mortgage!
Right we need a bit of advice please. We recently tried to re-mortgage through an advisor. He got us a mortgage promise and we sent all relevant paper work, payslips bank statements etc and a cheque for valuation and booking fees. To cut a long story short the company were dragging their feet processing our offer so our…
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Port mortgage advice
Hi all, Can someone advise as i am pulling my hair out. I have sold my share of a shared ownership property for 86k. the remaining morgage on this was 33k. I have ported that 33k to my new property and increased the borrowing. When Nationwide discussed it they said that the morgage would transfer and therefore i would not…
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FTB Rental Trap
Are there any lenders that take consistent rental payments into account as a positive factor in an application? The £850 per month rent is restricting out ability to save anything substantial, it has taken us 3 years to save £10k and we still have a long way to go. We knew this would be the case, but incredibly frustrated…
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Land advice
Im not sure what forum topic this falls under but i could try here and hopefully you nice folks can point me in the right direction. I obtained land survey maps for land around my house, this comes after a dispute with a neighbour that lives not far from my house. From the land survey maps it says the neighbour owns the…
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Meeting Affordability Tests
Hi! We are currently considering moving and would like to port our very favourable base rate tracker mortgage. We will be using one (my) salary to prove income and based on our existing income and expenditure will be able to demonstrate affordability. There is a possibility that I may be made redundant during the process…
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what type of mortgage to go for?
Hi all, Sorry if this is long winded but here we go..... Me and soon to be hubby are looking at buying a place together. My house is worth approx 110K and I have approx 70K left on the mortgage (previously fixed but at end of fixed rate moved to lifetime tracker at 0.99 above base rate). House we are looking into…
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Mortgage and endowments out of step
My interest only mortgage is due to be repaid next July. My current mortgage scheme ends at the end of this year. The mortgage is funded by two endowments and other investments. There is a shortfall so I will be looking to extend to allow the other investments to pick up and also we will look to downsize in the next 5…
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Mortgage bankruptcy searches
Hi there Does anyone know the details of the searches that take place just before exchange on a property? I was bankrupt 8 years ago and discharged a year later, I've been approved on a mortgage with a lender who supposedly is ok with this, though I'm never sure whether or not the salespeople are actually just dismissing…
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Estate agent and legal fees of seller paid by buyer?
Hi, We've made an offer on a house that is right at the stamp duty threshold £250k the seller will accept but wants us to cover estate agent and contribute to legal fees at a total of £3900 Ive had conflicting advice on this so far, would the £3900 be taken as the house value and therefore we would then be buying at…
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Places for people mortgages or rental advice?
Me and my partner are looking at buying a house from a company called places for people. They are a housing assosiation first and foremost but have built a few developments around the uk. They offer a 100% mortgage through themselves and their fees are reasonable and they seem reputable but i cant find any reviews (good or…
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Mortgage Dilemna
Hope this is the right forum area to post this in :D I currently have a mortgage that has around £42,000 outstanding on it with just over 10 years left - saying that the payments should be £427 but I am currently paying £850 per month into this mortgage to try and reduce the term. I am on a tracker rate at 2.64% until…
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What Options do we have??
Its quite a pickle but any help or advice would be greatly appreciated, My current Partner has a Mortgage with her previous partner of 2005. The mortgage is an Interest only at £169,000 the term for this mortgage is coming up this june however, the current value of the property is between £125,000 & £140,000 giving us a…
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Fixed Rate coming to end
Hi, I currently have three mortages with Nationwide. One of which ended in March and now on SVR (2.50%) for £54,000 the second one at 7.23% for £10,000 ends on 30th April to then go onto SVR (2.5%) the final part £133,000 (5.98%) mortage ends in Sept (We moved a number of times hence why we have so many!) I was just…
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Any chance of a re-mortgage?
Hi, thought I’d get some advice although I suspect I won’t like what I’ll hear. My wife and I currently have a £188k mortgage on a house we bought 10 years ago. The value of the house is probably around 250-260k. We are looking to remortgage and fix. We are currently on a LIBOR + 2.6% with Redstone Mortgages who are a…
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Consolodating debt into mortgage
I am wanting to be debt free, but after my third and final maternity leave, and getting our visas to the limit our out goings are out of control. Morgtage is fixed until october with a £5000 penalty. Options are get a loan and wait until fixed term finished, or consolodate now onto morgtage which will reduce outgoings…
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Applying for a new mortgage with our history - opinions appreciated
My husband and I have just sold our first house and are looking at applying for a mortgage on our second home. I would appreciate your opinion how whether we have a good chance of securing a new mortgage. Our background: We have 15% deposit, we now have no debts (apart from student loans) We have a good joint income which…
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Credit scores and mortgages
Anyone have the inside scoop on what scores lenders look for? I know it's just part of a whole range of information they look for, but I wondered what was considered acceptable these days with things as tight as they are I checked mine ahead of getting an AIP from Clydesdale and it was 965 out of 1000 Now just one week…
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Mortgage Life Protection Insurance (Not PPI)
When I took out a mortgage a few years ago I was told by the bank that a life insurance policy must be taken out an assigned to the mortgage. With the misselling that surrounds the PPI insurance policies, I am wondering whether this also was legal and whether it can be reclaimed?
