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House valuation on a re-mortgage.
Hi, Although I have only just got my first house/mortgage and jumping the gun (by 4 years and 10months) how does house valuation work on a re-mortgage? Say I want deal X that is for a LTV of <60% who does the valuation if at all? thanks in advance.
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2 Year fixed 85% LTV - Cheapest?
Hi, I am currently looking for a 2 year fixed rate 85% Loan to value repayment mortgage. It will be a 25 year mortgage. The cheapest I have been quoted is 4.69% by HSBC, but comes with the £999 fee, plus other costs. Is there anything better out there? Need to get something in place ASAP. Thanks Darren
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Can we get a mortgage? Advice
Hi, Been looking over the new but havent really found a solid answer, I was wondering if anyoe could advise to our situation. Been renting for 4 years paying £625 (over the odds in reality) for a 2 bedroom flat, but have now decided to want to buy! We have a combined income of £30k which i know is quite low but we have no…
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Remortgage or Unsecured Loan?
I am looking to borrow £20-£25k and pay this sum off over a 5 year period. I would like a 'fixed' deal so that repayments remain constant throughout the term. Not too sure what is the best means of financing this debt. We paid off our mortgage approx 5 years ago (property value £600K) and I have no other debts etc. (I am…
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Opinions?
Afternoon all. My partner and I currently have a mortgage with Natwest which comes to an end in June. I rang an advisor on the 1st April (first day I could book rate), and they have offered us a 2 year fixed rate at 3.89% or 5 year at 5.19%. We cannot decide which to do. We are aware that the Interest Rates are going to…
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unadopted road and new build
hi guys I posted recently regarding a section 38 agreement not being in place yet on the last phase of a new build development where we were due to exchange contracts last Weds. Our solicitor picked up on the fact that the last part of the development hasn't yet been adopted by the local Council (the road is still not up…
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Fixed rate end date confusion
Hi, We are a bit confused about the end date for the fixed-term of our mortgage, and so we were hoping one of you might be able to explain to us what is going on! We applied for our mortgage in Feb 2009 and the offer of a 2-year fixed rate was given to us. This offer was valid until the 10th July 2009. The Key Facts…
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Natwest Mortgage deal coming to an end.....help please???
we currently have a 2 year tracker with Natwest, which tracks at 2.49% above the base rate. it ends in August and will revert to their standard variable rate of 4%. We have an 80% LTV. firstly, at what point should I contact natwest to discuss a new deal, and contact an IFA for advise on other deals... secondly, does…
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HELP: Kicked whilst already down by A&L (Santander)
I'm at the end of my tether and would appreciate any guidance on my predicament... We're a family with (nearly) three children - 2 y/o daughter and twin boys due in 1 month (had planned for 1 not 2 - no twins in family). We currently live in an upstairs 2 bedroom flat and have a mortgage with A&L which is approx 80% LTV.…
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What Are the Chances?
Hi, I've been looking on various mortgage sites, but they all vary so much. My house is hopefully going to be sold, after a cash offer has come in. I will have 20,000 clear deposit, i earn 18,000 per year and i Have £90 per month coming out on credit cards, as well as the normal utilities etc. I thought i would be alright,…
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Rejected for mortgage
Hi All, I have decided to write on here as I dont really know where else to try. Hopefully someone else is in my position and can help. over the last few months I have been trying to get a mortgage. I have a deposit of about £75k and want to buy a house for approx £280k. I had some problems last year with a development…
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Valuation lower than asking price
I am currently in the process of buying my first home from a large Countryside property development at Lymington place, Dagenham . Everything was going fine and smoothly until I got a call from my Broker saying the valuation had come back saying the house wasn’t worth £235k but £210k, Now I am left sitting in the middle…
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Just found incorrect information held on land registry database
For what it's worth I was just trying to get a rough idea of my LTV and logged onto a couple of sites, one being zoopla and one being right move ... it came up as my house being classed as terraced when it is semi-detached which of course affects the 'value' according to the site. I found out it is the Land Registry that…
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Fixed rate, variable or tracker
I coming to the end of my fixed rate deal with my curent provider, they want to charge me nearly £1000 to go into a new deal. a Remortgage to another new deal will cost me £200 plus £1000 added to my mortgage. The variable rate is better than my existing fixed and so is the tracker but I'm really confused as to what is the…
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Repay Mortgage or Repay Loan?
I'm currently on an interest only mortgage with the Alliance & Leicester. i took out the mortgage in Sept 08, unfortunately back then i was able to borrow more than the property value, so i borrowed an additional £25k, to pay off other debts. i would like to start repaying as opposed to paying insterest only, however my…
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Advice greatly appreciated
Ok. We are expecting a baby soon and because of this we need a larger home as we currently own a 1 bedroom flat (the baby was not planned you see). We had an appointment with our mortgage provider last week to see if we could port our mortgage to another property. We were informed that we could do that but we would still…
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Roped into more borrowing!!
Hi not sure if this is in the right place but here goes!! My hubby rang the halifax this morning to see about getting a 3 month payment holiday from our mortgage as we are struggling after having to replace some plumbing after a burst pipe!! Anyway they said because the mortgage is due out on wednesday it was to late to…
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Gaps in electoral roll history -will this affect our application?
Hi there, I wondered if anyone could help. My partner and I are hoping to buy a house. I've just sold my property and we have a 10% deposit. Unfortunately there aren't many 10% deals out there and we're hoping to go with either Halifax or Santander. Before we put in our application we're doing everything we can to ensure…
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Mortgage Advice
Hi I need some advice me and my partner are looking into getting a house with a mortgage, I have a few questions she has a child from a previous relationship so she gets child benefit, income support etc would this effect us getting a mortgage? I earn over the average a year and the house we are looking at is £190,000
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Mentally ill husband being obstructive what would you do?
What would you do? He was abusive physically and mentally drove me to dispair was lazy neglectful to me and our 2 children abused anyone else who tried to help support us and gambled compulsively until our home was nearly taken away. My selfesteem was so low that it took two mental breakdowns and some counseling for me to…
