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Mortgage application and credit rating
Hi! First time poster here and haven't been able to find anything specifically relating to this in the forum - apologies if I've missed it! We've recently applied for a mortgage on a new build property and have an agreement in principle ready for a move this summer. However, for a number of personal reasons we've decided…
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Will I be classed as a First Time Buyer?
MoneySavingExpert.com Official Insert: If you want to know what constitutes a first time buyer following changes to Stamp Duty in the Autumn Budget 2017 read our news story: Autumn Budget 2017: Stamp duty axed for most first-time buyers Back to the original post... ---- Hello, Please can sombody clarify this for me? My…
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New 5 year fix deals
Hi Got 80K Mortgage 25% LTV Can anybody tell me best deals please? Many Thanks
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what do i do
hi could anyone please give me any advice do i remortgage my house.I have no mortgage left to pay on this house. to buy another one and rent my out to pay the mortgage or do i get another mortgage for the house that i want to buy ta
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Are early repayment charges still payable if you sell the house
Sorry if this seems a stupid question but are Early Repayment charges still payable if you sell a property before the deal period ends? Cheers
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Remortgage Advice needed
My wife and I have rather large debts mostly ran up when I used my credit cards to cover being unemployed for 6 month about 2 years ago. We've never missed a payment on mortages or cards and both have good Experian credit scores, (my wifes is the best you can get, mine not much worse). We applied for a 90% remortgage from…
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Can a mortgage be transffered to me from my brother-in-law
We have been living and paying the mortgage in my brother-in-laws home for the last 4 years. He has moved abroad and will not be coming back. He wants to sell the house to us, as it stands he owes more on the house than it is currently worth. Can his current mortgage be transffered over to my husband and myself? We both…
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should I surrender my endowment or not?
Hi I am looking for advice/thoughts/views/suggestions on our endowment please. We have received a letter from Aviva informing us that the endowment that was targeted for £29,000 plus bonus, maturity 2015, unfortunately now shows a risk of shortfall of £7,900. We have enquired what todays surrender value would be,…
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Do lenders carry out a 2nd credit check?
Hi All, I've had my formal mortgage offer from Principality and hope to exchange and complete in the next two weeks. Unfortunately I've just received a late payment note on my credit record for £4 (which I'm disputing as I don't believe it is correct). I'm worried that Principality will do a final credit check when I ask…
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Being penalised for being in the Armed Forces
Hi all, As I have posted before, we sold our first house in 2007, which was on a residential mortgage with Northern Rock and was being let out as my husband is a serving member of the armed forces. When we went to buy another house we were told by Northern Rock that we were no longer entitled to a residential mortgage as…
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Maturing Endowment Policy, what to do?
Hello All, first post on this site. I have a Friends Provident Endowment Policy which ends it's 25 year term soon. Value of the policy is as follows, according to FP. Sum assured £7500 Declared Bonus £7800 Final Bonus £4300 Total around £19700 I believe the final bonus rate is around 52% of the declared bonuses. My…
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UK citizen living abroad trying to get mortgage in UK
I have been living and working in Sweden for 5 years and would like to buy a house in the UK for investment and for when I come back for holidays (I'm a teacher so get lots of them!). My UK bank account had been closed due to non-residents not being able to have a bank account in the UK and it seems that I can not get a…
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Shared Tenancy Mortgage advice please.
Hello there, I am soon to be married and my fiancee and I want to get the best house we can for our money... We have been discussing buying a house with a Joint Tenancy. Basically, she is able to buy half the house herself outright. I would get a mortgage for the other half of the house and pay that myself. My question is:…
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FTB and worried about Experian score
Hi all, I have just completed the online Experian score and it has come out at 759. I was expecting 900+ as I pay all cards off in full every month and never go overdrawn. I have had no late payments on any of my accounts. The reason I am a little concerned with the score is that I am a FTB and looking to buy soon; will…
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Who is currently offering First Time Landlord deals
Can someone be so kind to tell me, which lenders are happy to take on First Time Landlords? Thank you in advance
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life time tracker with woolwich how does it work
hi, my current mortgage deal ends in may 11 and just recieved letter from woolwich stating that they are going to automatically change it to a lifetime tracker mortgage .i have written down the contant of the letter below but have 1 or 2 questions at the end . the lifetime tracker mortgage rate is currently…
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Mortgage/Loan for Second House
I'd be grateful for a little help ... My current house is worth around £180k and has no outstanding mortgage. I'd like to buy a second house at auction to renovate and either sell or rent. Maximum spend would be £100k and I could raise a deposit of £15k. Please could someone advise the best method of financing the second…
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Vendor Gifted Deposit advice...please
We have been looking for a property for ages to buy - were first time buyers and have found somewhere we really like but its a bit above out budget. We have recently spoken with an IFA who said they have a vendor gifted deposit deal at 4.73% over 2 years that would could take out (as long as the vendor agrees etc) I've…
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Fixed term work contract and going on maternity - is a mortgage poss?
Hi, I would like to buy a property with my sister and we have 15% deposit saved to buy a house valued at £150,000. I earn £30k and my sister has been working on a fixed term contract earning £33k but is due to go on maternity in June - and the contract will not be renewed when she comes back off from maternity. I have read…
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maternity and mortgage breaks
We are hoping to try for another baby. Last time I was on maternity leave I saved a lot of money so that I could pay my contribution to the mortgage. Now, I can't save anything as all of my salary goes on running our household. My husband stays at home to look after our little girl. We are in the 3rd year of a 5 year fixed…
