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Partner with adverse Credit
Hello My wife and I would very much like to buy in the near future. We have around 10% deposit for the lower end of our scale (we could put 10,000 down on a £100,000 property). I think my credit record would be considered good, I have no missed payments, default,ccj's ect on any account. However, my wife has a late payment…
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Woolich Open Plan arrears
Advice please? I am being taken to court by TLT solicitors for exceeding my Woolich Open Plan overdraft by £2,400. I am not currently in a postion to pay and Barclays have rejected all my offers, insisting on an amount I can not afford. They are aware of my cuurent circumstances and financial situation. I am terrified of…
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Move providers or stay
Hello everyone I've never really got involved with mortgages etc as I leave it to the other half (The Boss!) However after reading a bit on this forum I belive its possible for me to save money. Here's my current situation. Mortgage £46049 Fixed until 31/3/2013 @5.49% ERC is £2057.94 I also owe £244.51 on an outstanding…
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Mortgage rate will come to an end when I'm on maternity leave? PLEASE HELP!!!
I am a teacher and I will be going on maternity leave from September 2011 this year. The thing is my mortgage is up for renewal in Fenruary 2012 when I will be earning only SMP. Can I secure a new deal at the start of September based on my full time wages even though the deal wont start for another 5 months or will I have…
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Interest Only Mortgage Switch
Hi, I am planning to move and remain out of the UK in around a year. I have a number of debts associated with credit cards and an overdraft that I am working hard on reducing. I don't want to leave the UK with debts and it is unrealistic of me to believe I will be able to pay everything off in a year. I am planning to go…
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Should I completely repay mortgage?
Hi, For the last 18 months I've been making overpayments (and shortening the term) on my mortgage and I'm now at the point where (if all goes well) it will be cleared in around 3 months if I continue to overpay as planned. In a conversation yesterday it was suggested that it may be advantageous to keep the mortgage running…
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Advice from an estate agent??
Hi All, Just joined forum... I recently visited an estate agent window shopping.. I have not had disposal income over the last 2 years as had 1st kid and Mrs working towards nursing so not much income on her side. I recently have had a promotion at work and by basic has been increased to 43k plus i will get a yearly bonus…
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remortgage help
Hi Iim thinking about moving my mortgage and am after some help. I am currently on a fixed rate of 6.39% with the halifa untill july 2013 with an early repayment charge of £3100 . Am i better of paying the £3100 off the current mortgage and sticking with the halifax mortgage or paying the ERC and swiching providers? The…
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Mortgage for TIER 1 visa Holders
Hi Just wanna know if mortgage is available for tier 1 visa holders. i am on tier 1 visa and my visa expires in 2013 i have been in the uk for over 3 years and belong to a Non-EU country. I have a looked for some properties and plan to buy with some one who has a mortgage in place but i also want to share it Is it possible…
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Northern Rock via Broker how long?
Hi, I'm interested to know if anyone has applied for a mortgage with Northern Rock and how long the proces takes for them to accept or refuse? Our broker has had all the documenation from the initial application which was last week. Cheers
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Nationwide Consent to Let Terms
We are about to apply for Consent to Let from Nationwide but I was wondering if anyone knows if this affects any other terms of the mortgage specifically overpayments and the borrow back facility which we currently have. I ask because I was told that once we have consent to let we wouldn't be able to apply to amend the…
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How to pick a solicitor?
I have been looking to buy a house and I have had a meeting with one big solicitor firm who have sent me their quote for their legal services and I was quite keen to take them on board. Now, I have recently seen a good property up for sale which I am quite interested to buy but the estate agents selling the property are…
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Portable Mortgage
I have a theory about my portable mortgage but I am not sure if the theory can be put into practice. My current mortgage with Barclays of 71K is portable and we are looking to move. A family member is looking to buy my current house as an investment but cannot access the full amount 128K of money required straight away…
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Shared Ownership Equity...?
Hi Folks, I have recently bought a shared Ownership property with my partner (I know a lot of people are anti these schemes). I thought I would seek some advice from all the witty, intellects that surf this delightful website...!:money: Basically we have a 25% in the property which we bought in March. I was wandering how…
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decision in principle
my broker says they are unable to get a decision in principle as they are having trouble with our address history (we've stayed in flats and some bills have flat c while others have flat 1/L). we were told to register on the electoral roll so we did that a few days ago, how long does it take for this to be updated so we…
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Mortgage - any chance?
Hi A quick question - I have £25000 deposit money and I like a house which is £125000 so I need to borrow £100000... Im on £20500 a year and my boyfriend doesnt work at the moment. Do we have a chance for a mortgage? Would a Joint application be better or Sole? What do you think? Any thoughts? Thank you
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Help with remortgaging and affordability
We seem to be in a tricky situation in that we are looking to remortgage with a ltv of about 80%. I'm currently on maternity leave and go back on the 1st of August. Based on my current maternity leave pay we don't meet the affordability scales, but based on my returning salary we would, except that our child care costs…
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Building Society Claim They Have Made A Refund In Error
Hi Board, We have recently sold our house and have bought a property outright thus not requiring a mortgage. After 3 weeks of completing the sale we had a letter from our solicitor along with a cheque for £800+ that they said was being an overpayment made on our mortgage account. Wow, we thought, as buying outright made it…
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Credit report opinions for mortgage
Just looked at my credit report. As follows: Barclaycard - had since 23.06.2000. five missed payments (4 1's and a 2). All date back to May 2008 and before. Nil current balance Virgin Credit Card - had since 30.9.2010. No defaults. Balance states £4,104 but paid this off last month so should clear off this month.…
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Friends Provident Endowment
I was sold a Friends Provident Endowment in 1995 as part of a mortgage. I changed to a repayment mortgage years ago so no problems there....but I need advice as to whether to continue with this endowment as a savings plan, cash it in or try and sell it and buy National Savings certificates for example. I've been paying in…
