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Age Gap
Hi, new to this but I can see everyone has lots of useful advise so here goes... My husband and I want to buy a new house and need a new mortgage in order to do so. Problem is he's 15yrs older than me. With the amount we want to borrow (approx £200k) the repayments wo uld be tight if we continued over the existing term of…
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Obtaining a mortgage on behalf of my parents
Hello, My parents are in a bit of a situation. They currently live in a property which they have been renting from a family member who has now had this property repossessed after taking risks in the property market. They are in their early 60's with no savings. I have seen a 1 bedroom property for sale at £45,000 which…
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Mortgage advisor/brokers fee's help
Hi hope someone can help!! Just had a mortgage advisor round from " mortgage advice services" to assist with our remortgaged , to cut a long story short towards the end of the meeting when asked she tells us of their fees of between £1695 to £1995 for their services... In the past I have not paid for mortgage advice from…
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First Time Buyer Mortgage Advice Please
I've recently been given some money for a deposit and just wondered if anyone could advise if getting a enough of a mortgage to buy anything bigger than a shoebox will be possible on my current salary... I earn £16,500 and have a good credit record. My husband is self-employed and a couple of defaults on his credit…
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Advice on mortgage !!
Hi me and my girlfriend will be looking to buy our first home together at the end of the year. The trouble is my girlfriend has bad credit. She was paying off through a debt management company. We have paid the debt off now but i wanted to know if this is going to be a problem when we go see a mortgage adviser with our 10%…
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Interest Rates or APRs what do I need to look at?
Hi all I'm currently looking for the best 2 yr fixed deal and notice a lot of deals give an interest rate and an APR. Stupid qn but what is the difference and what should I be looking at when comparing and using repayment calculators? Thanks Katty
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Ex-Husbands Name on Mortgage
Hi Everyone (Hope this is the correct place to post) I am writing this on behalf of my mum, and any advice would be appreciated. My mother divorced her partner about 10 years ago, after what was a very messy divorce. She had very poor representation, and her solicitor at the time told her to offer a 1/3 share. The judge…
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can I provide a mortgage for my daughter
Hi everyone, I'm hoping someone can give me some advice on whether it is possible for me to provide a mortgage for my daughter to buy a home. I recently inherited some money unexpectedly and to be honest I don't really need it just now and probably won't ever need it as I'm retired and lead a modest lifestyle on a secure…
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how many mortgages can i have
i currently own 2 properties. one is joint with my partner and the other i own. my family home is mortgaged an about 50% ltv total outstand £47 k the other flat is 60% ltv outstand £26k i currently earn £14k doesn anybody know the likliehood of buying another property loads of bargains around
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how long can a mortgage be booked
my mortgage with chelsea building society ends in january 2012. can anybody let me know when i can book a new mortgage. also can i book a mortgage in the hope the offer is good but if i find better offers in the time leading upto the mortage ending change mortgage offers. thanks
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Mortgage with 15% deposit and defaults. Is it possible?
Hi all, I'd appreciate some help. My boyfriend and I are looking to buy our first home. We've seen a place we like but only have enough savings for a 15% deposit. I have an excellent credit score, but my boyfriend has defaults from a few years ago. They total £1000, but this is because a debt was registered twice, with the…
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mortgage offer
Hi all, Just need a bit of advice from people with experience! we are FTB's and we had a valuation survey and a structural survey carried out at the same time. Had a call from our Lenders who have said that the property is valued at what we have offered which is good and that we are due to get our mortgage offer paperwork…
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Buy To Let - valuation problem?
I am in the process of getting a BTL mortgage for a reposessed property, which is a fab deal at the moment. I am putting 25% down and I am purchasing it for about £15k below market rate... There is about £1500 of cosmetic work to be done, (internal doors, one new window, painting, carpets and re-connecting the services -…
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Consent to let NRAM
Hi, I have a mortage with NRAM and I need to let out my house because I need to move for work. I have read the criteria for eligability to apply and i meet them all except that the LVT must be 70% or less which mine is no where near, as i took out the 'together' mortgage in 2008 (after lots of bad advice):mad:. Has anyone…
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bit of advice needed
hi there, my oh is a mechanic and would like to start/takeover a mot station. We have been looking at all options that we think are available. * The guy he works for at the moment is in a spot of bother and could lose the business do we wait for this to happen and then take over the business? sounds a bit harsh. * He knows…
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Remortgage Help
Hi, Can anyone help? I have been stuck in a high fixed rate with Northern Rock. At the moment they are waivering their early repayment fee. I have approx £146k mortgage and the property is worth bout £155-£160k. Our combined incomes were about £50k but I am currently on maternity leave. I have made brief enquiries about…
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Offer accepted... - what now?
Shall I get a personal survey done BEFORE I apply for a mortgage? Reason I ask, is that it will cost me £195 JUST to apply for a mortgage, - which, is non-refundable! I'm just a little worried that if the seller pulls out, I'll be out of pocket. Is there an order to do these things, or shall I just go all out and sign up…
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Help re. negative equity
Hi I am new to the forum and am having a few problems I was hoping someone could offer me helpful advice. Me and my husband bought our first house in Northern Ireland at the very height of the property boom (literally just before it crashed!). We were able to get an interest only mortgage through the bank and did not have…
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Let to Buy mortgage?
Anyone know anything about these? Wife has been going on about a scheme where you rent out the house you currrently live in (and keep the mortgage), and then get one of these let to buy mortgages to buy a new house to move to? Apparently, as long as you get permission off your first lender and the rental income is OK,…
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Remortgage advice please... help with the maths!
My current fixed term deal has just ended.. so am shopping around for a new 5 year fixed, not interested in any shorter "deals" or trackers etc.. My dilemma is: Currently owe £116000 on a house valued at £145000 so 80% LTV HSBC 4.69% + £599 YBS 4.79% + £995 fees ING 4.99 no fees Now, at a real stretch, bearing in mind…
