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Lender has withdrawn offer
Hi, bit worried at the moment. My boyfriend and I are in the process of buying a house. He was planning to rent out his current place and remortgage to release some equity to go towards our deposit. Three weeks ago the remortgage was accepted, then all of a sudden on Friday it was withdrawn. Our broker told him not to…
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How likely is it I can port my mortgage?
My partner and I have a small 2 bed house, and have had 2 kids over the last couple of years. So now need a bigger house :) We currently have a tracker mortgage with HSBC, 0.99% above base rate, which we really want to keep! (I know, base rate will rise, but still want to keep it...) I rang HSBC to see where we stand and…
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can i remortgage if my two kids own half property ?
Me and partner have recently split and shes kept her promise to sign her half of mortgage over to my two girls 25 per cent each,girls are 15 and 17 years old,can i still remortgage the house as i want to take advantage of some of the equity that's accumulated over the years to get the house done up,is there age going to be…
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Obtaining a mortgage whilst in a debt management programme
Myself and my husband are currently in a debt management programme which is not an IVA just an agreement with creditors about re-payments, we have been in this for approx 18 months and never missed a payment. We are looking to move house to down size our mortgage to reduce the monthly mortgage payment and pay off some of…
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change of borrower advice
Hi all I'm currently having a few issues with santander :mad: .. I am trying to arrange a change of borrower on my mortgage..basically I want to change the borrower into my partners name (who is currently paying half the mortgage anyway)..however santander are telling me I can't do this - they are saying I need to sell the…
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Can you borrow more than the value of the property.
Hello I am looking to purchase a property and want to know if i can be lent more than the value of the property. As a basic example, say i have a 100,000 deposit and i want to buy a 190,000 property but want to borrow 100,000 mortage? Id be using the money to revamp the property (double glazing, bathroom). Help....
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Making partnet joint tenant on my property.
Hi, i own my property outright with no mortgage and have used it as my main residence for as long as i have owned it. How do i go about making my partner joint tenant? I beleive i can simply use a deed of trnafer to give half to him. There would be no CGt to pay as it has been my main residence. Is this right? If so, would…
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Is this normal?
For the valuer from the bank to do their valuation before the mortgage has been approved????:cool:
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Variable Mortgage to Interest Only
My daughter has recently re negotiated her variable rate mortgage for a further 18 months term. She is having difficulty meeting the repayments and asked her provider if she could change it to interest only. She was advised that she could only do this if she paid a fee of over £2000.00, is this normal, and is there any…
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Can I still get an interest only mortgage?
I need to increase my interest only mortgage by a fair amount in order to move. Thing is, I need about 85% LTV but really want to stay on interest only. Are there any lenders out there who would do this? We have a good credit history. Many thanks for any advice
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remortgaging with bad credit history
Hi there, We are in need of a mortgage to try and get some home improvements done as parts of my house are literally falling apart and we would like to move in the next few years if possible. After getting some prices we think we need around £10,000 to redo the kitchen, bathroom and outside repairs. We are in the…
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Mortgage with a Friend -Pros & Cons
Hi All, I am a FTB and have been looking for a property since the end of last year. After the house I was going to buy fell through I decided to up my budget a bit as there wasn't much on the market around where I live for my original budget. Anyway, a friend of mine is in the process of splitting with her partner and made…
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HSBC mortgage rejection - should I be concerned
Hi - had the most bizarre session with a HSBC financial planner when applying for a new mortgage. We already have a mortgage with HSBC, an excellent credit score, and are currently looking to move to a bigger place with a bigger mortgage. Over the phone we achieved an agreement in principle, but when I met with the…
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Wanting to switch to an IO mortgage....
I want to switch to an interest only mortgage. My husband inherited a property recently with his Brother, this is valued at £300,000 and they have decided to rent it for a while as it's not sold in 8 months. Our mortage is a little over £98,000 and our property is valued at £220,000 so we have a nice bit of equity in it. I…
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Beneficiary of house..use share re mortgage
I am very unsure about any of this so please forgive me. My brother and I are beneficiaries/tenants in common of our deceased parents property. We have a %50 share each. I am trying to help my son get onto the property ladder and wondered if this (my share) could be used in any way to help? The house cannot be sold as…
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please please! help a numpty
hi,well here i go!,i have a mortgage with santander,i owe £8900,i wish to purchase a new build for £237000,they have offered me £140000,for a part ex on my home.now here is my dilema! i need to borrow 80000 towards my new home,and although i still have 57000 i can get on my currant mortgage it is not enough,so i need to…
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Adding wife to house deeds- how and why?
My husband and I married last year. At the time of purchasing the house (late last year also) only my husband went down on the mortgage application as I am self-employed and had been less than 1 year. However we would like me (the wife) to be added to the deeds. Now Im not sure what the law is but the reason I would like…
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Pregnant & suicidal needs more advice,Northern Rock refusing to extend interest only?
Hi Moneysavers, Can anyone help please? I am going through a divorce & ex Husband living in the marital home. We are currently trying to sell it & since we split up it has been on interest only with Northern Rock for 12 months now however they are refusing to extend the interest only period? He is struggling to pay it on…
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Mortgage overpayment idea...
I'd be interested to know if the following would be worthwhile... My parents are retired, have downsized their property and have most of their savings in ISAs which are returning around 3%. I have 21 years left on our mortgage which is fixed at around 6% but I am allowed to overpay 10% of the outstanding amount each year.…
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How far in advance can I reserve a mortgage deal?
Just curious to know if there is an industry standard or does each lender vary? Thanks as usual F
