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How will iever get on property ladder?
Removed after reply - dont need flippantly unhelpful comments.
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Mortgage Advice - Any Recommendations for Glasgow City Centre
Can anyone recommend a whole of market no fee mortgage advice shop in Glasgow city centre? So many to choose from. Thanks.
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Mortgage overpayment?
We have a mortgage with Bank of Ireland and are confused about a) whether to overpay and b) whether to overpay monthly or a lump sum The balance is £120,000 with 30 years to go, currently on 2.99% (SVR) We are looking to buy a house in the next 6-12 months, so obviously will need to have a substantial deposit available (we…
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Newish buyer needs advice on mortgage stuff concerning shared ownership
Hi there, My question is this: I purchased my house on a split owner ship deal 70% mortgage 30% buy back. I will soon be in a position where i can buy back the first third of the 30% i dont own. I need some advice as what best to do. I estimate that the first third will be in the area of about 20K. Although i will have the…
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Mortgage lenders min valuation query
Hello, I am in the process of puchasing a property for £75k. The mortgage lenders criteria states min valuation of £75k. THe valuation has come back as £75K. An electrical report has come back stating the property needs a complete re-wire quoted £2500. I dont think the vendor will do this so I would like to negotiate the…
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Some basic advice please. :)
Hi, I have just put my house on the market and am hoping it sells soon. My question is this, I like fixed rate mortgages and am assuming that if I borrow i.e. 100000k for a new home and take a fixed rate @ i.e. 2.99 for two years I pay 2.99 for two years then go to SVR. At the end of two years I will have paid off 2 years…
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Mortgage for self build as a FTB
Me and my fiance are going to try and get a mortgage for a self build but there are a few problems that we may come up against and just wanted some advice We have been given the land by her parents and we have dug the footings and all the concrete is laid. The plans are also drawn up and the council have given the ok to…
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Info on buy to let?
Hi, our house is currently on the market, but things are very slow as we expected. We have not yet looked into buy to let as didn't think it would be feasible. Plus a house we like has just dropped its price. Our mortgage adviser is on lv so just after some advice to give us some info to think about. Our current mortgage…
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First time buyer who needs help!
I am a first time buyer who is as expected is struggling to get on the property ladder. I am a teacher and my partner is a documentary film maker. We aren't sure he will be eligible for a mortgage as he is self employed and has only had the company for 2 years. We have a deposit of 20k to put against a house (kindly…
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Mortgage Information for Shared Ownership Properties
This isn't a thread for the rights and wrongs of Shared Ownership, just information for those who already own an SO property. After being on a five year fixed rate with the Leeds Building Society, we have been looking at re-mortgaging with another, cheaper, lender. Two IFAs didn't bother coming back to me after our initial…
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BTL Mortgage for Student Tenants
Hi, I'm searching for a BTL mortgage with the following criteria - * Student Tenants (under a single AST) * Max. of 4 tenants in the house (therefore may be considered a HMO) * Fixed interest rate - preferrably around 5 year fixed period The only lenders that I have managed to find so far are Leeds BS and Northern Rock.…
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Abbey branch messed up our lump sum payment
A few weeks ago we went into the Abbey/Santander to pay a bit off the mortgage. Seemed pretty straightforward, I closed a savings account that the staff never seemed to understand (even though they 'sold' it to me, every time I went in they seemed to have never heard of the type of account I had) and they gave me a cheque…
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nationwide first time buyer savings
morning folks im currently saving up for my first property. i am aiming to save up around £12,000. In 18 months time i hope that i will be able to find a flat for me that i can buy for around £72,000. there are smaller flats around i could get but i intend to get a lodger to give me extra disposable income. my annual…
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Nationwide Switching to Interest Only
Hello all I currently have a £120k mortgage with Nationwide - £85k is on the BMR of 2.5% and the rest is on a fixed rate deal. I would like to switch the main mortgage amount to interest only and repay using a pension lump sum in when I retire. I will also take out an ISA savings plan and repay the capital where I can.…
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Unregulated Mortgage.
I have a mortgage with Bank of Ireland previously Bristol and West till they sold out, Anyway I have the main mortgage and then two sub accounts the first sub account was when I sold my first home and moved to the home I am in now and the second sub account is when I borrowed further to refit the kitchen. My first account…
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Do we fix?
We bought our house in 2007 for 103k 100% mortgage and was in a 3 year fixed with accord. Currenlty on variable at 5.99%, now we have a 3 year old daughter and are now expecting another baby unplanned at christmas! which is a bit of a problem as its only a 2 bedroom semi, the daughters room is a small box room, we would…
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My buyers mortgage App still going through Halifax underwriters should I be worried??
Hi I accepted an offer on my house on22nd April, first time buyers and was told mortgage application in place and sorted. Put an offer in since then for the house we wanted and our mortgage in place. Have since found out that my buyers mortgage app has been with the Halifax underwriters for about a week or so and their…
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Re-Mortgage
Does anyone know what a fair price is on re-mortgage by an independant financial advisor,i have had a quote from a guy wants to charge 2.5% on a £102k mortgage,does any anyone on the forum think thats reasonable
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Home Buy (shared ownership) mortgages
Hi, looking for advice or experiences in relation to Shared ownership mortgages. We have been renting our house and will have the chance to buy a 50% share next year, so will be looking for a mortgage lender. Hoping to have saved a 10% deposit by then. Does anyone have any advice as to which lenders to approach ? or…
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Platform
was hoping to do a remort to free up some money but tied in till another year with Platform. House worth £150,000 mort £88,500 BTL, rent is £525 per month, just looking on Platforms site to try and work out if I could get some extra. There is a calculator where u can put in your rental amount and the pay/reversionary…
