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CHANGING mortgage at last minute querry
Few banks have published new rates which are drastically lower than what we have been offered and willing to offer us more. We have a mortgage agreed with HSBC, which was a good rate, they carried a free survery on the house and things are about to enter the solicitors stage, so we're nearly there to sign. I'm not sure how…
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Opportunity to move to oz but mortgage company wont allow me to let property
I have received interest from a couple of companies to work in Australia, they are great opportunities and the money on offer would be signifcantly more than what I earn in the UK. I made an enquiry to my mortgage company ,First Direct about the options with letting my property whilst abroad they have advised me that they…
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Why would we need to be seen again?
Hi, We are first time buyers, and have had a mortgage offer with Halifax through a broker. Yesterday we exchanged contracts on the house, and thought everything was ok. Today I received a call from the broker, saying we needed to come in again to go through some things. I asked whether there was a problem, and they said…
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First Direct Offset Mortgage
Hi, Can anyone give some advice please? We have a first direct offset mortgage with approx. £139,000 left to pay at just under 19 years left on the term. LTV ratio is 43%. This rate is at 3.49%. We have little in the way of savings (although this will change as of September when childcare payments greatly reduce). The…
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I need a number cruncher as I can't manage it!!
Hi can anyone help please. I have a 95k mortgage on a 6% 'deal. 23 yrs left. £475 now only paying interest only. Trapped in till Nov 2013 with presently 4k approx to get out. Been offered a mortgage with most expenses paid for 3 yrs. £535 pcm about 2.5%, repayment same term BUT my dilemma is what happens if I was to pay…
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Morgage for first time buyer
Hi all, My missus is looking for mortgage (first time), whats the easiest way to make contact with a whole of the market advisor with a good reputation!?! Surely somebody musy have come up with some sort of website to rate advisors!?! (i realise this is probably not the case!) I trying to avoid a trip to her bank who will…
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How many credit checks??
Hi guys I have just viewed my Experian credit report and discovered that the Halifax have done three credit checks during our mortgage application. They did one on 9th March (around the time the broker put in the full application), another the day after on 10th March and then another on 23rd (the day they released the…
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Mortgage Application and Credit Score
Good afternoon I am not sure if anyone here can offer some reassurance. We have a slightly complicated mortgage application going through at present, in regards that we are applying for two mortgages. One is a unregulated buy-to-let and the other is a residential. Firstly, we are downsizing house so overall debt will be in…
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Help with mortgage
Hi, i am new to all this, so please forgive me if i come over thick! I am currently living with my partner in her house which she has been paying a mortgage on for a number of years. Her mortgage is due to end at the end of April and we wish to add my name to a new one. Does this class myself as a first time buyer? or do…
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end of fixed term
hi all, i am about to come to the end of my fixed term (was 3 years) on my mortgage, my question is, a few mortgage payments have bounced over the past year (although I have nothing in arrears and alwyas paid them within a few days) so I realize i must have a pretty poor credit score. Is there any risk of the bank pulling…
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mortgage transfer
I have been paying a mortgage for over 5 years anyd never missed. I wanted to transfer the mortgage onto a house which i am buying from my dad at a lot lower than the value and about the same as my present mort. My lender said i failed the credit check because i am 83 a month short but they are happy to let me carry on…
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Remortgage Offers as Current Customer with Santander
Hi Deal coming to an end in September. LTV 68% 20 years left after september. Read on Santander website that earliest I could apply for new deal with them as existing customer was up to 5 months for trackers and up to 4 months for fixed. However I rang them and was told there are a few offers open to me at this moment in…
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is this possible? Oprions???
We currently have a house worth £125k with outstanding £100k on mortgage We love a bigger house nearby worth £150k. If we were to buy this new house with no mortgage, how hard is it to rent out the house we live in now and change to a BTL mortgage. Big problem is we have defaults. All debts will be cleared but I know we…
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Mortagage deals - coming off fixed after 5 years
I have now found out what deals halifax can offer us once the fixed rate expires 2 year fixed 4.19% with £999 fee 3 year fixed 4.79% (no fee) 2 year tracker 3.04% with £999 fee 3 year tracker 3.39% (no fee) Or we can revert to standard variable rate of 3.5% The fees seem a bit steep for 2 year deals. We can reserve a rate…
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Limited Company-Mortgage Criteria
Hi, I am the sole director of a limited company and pay myself a small salary and the occasional dividend. My question is; Do most providers take in to account Profit and Loss, Salary or Dividends when calculating how much they will lend? I am trying to balance this out before the tax year end. Thanks for your help.
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mortgage refused....help please :(
Hello guys, I am hoping someone can shed some light on my situaition, my mortgage has been refused as YBS do not understand what and EBT is...in a nutshell it was a way of not paying so much tax......so we took the money out of our account on and EBT, which makes our net profits lower, the YBS have said no mortgage cos…
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Mortgage Interest Help
Hi guys, I've been an ardent reader of this forum for advice on my, in progress, house move but now need a bit of specific help. I've been given a redemption statement from my current mortgage provider to close my mortgage. But I can't figure out how they've calculated the interest that i'm due to pay. First question, on…
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I need money!!
We came into some money a few years back and split it between our children to help them buy a house. My daughter was at university at the time so could not get a mortgage for the balance of the cottage she bought so we took out a mortgage on our house and lent her the rest with the understanding that, once she left…
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should I pay off my buy to let or my private mortgage
Thread Stats Views: 40 W W Factor Coming Soon... Share This Thread: [URL="http://www.facebook.com/sharer.php?u=https://forums.moneysavingexpert.com/discussion/3152218 [/URL] [URL="http://twitter.com/?status=https://forums.moneysavingexpert.com/discussion/3152218 [/URL] hi we have recently sold our house and are considering…
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right time to apply
hi we have a second viewing for a property on monday. we are looking at moving around august this year. We are first time buyers. I have been looking into mortgages and all seems fine with what we can get and the costs. But, when do you think we need to start looking for the one for us and not just looking for possible…
