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what documents do you need o send with a halifax application
My daughter is going to be applying for a motgage with the halifax through a mortgage advisor what documents will she be needing to send with the application just wondered as she can get organised and get things together. Thankyou
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Gifted Deposit Mortgages
Hi all, I'm just having a nightmare finding on which bank accepts gifted deposits as a close friend owes me 15K and she cant pay it back to me so she has an option for me to take over a mortgage to a property valued at 125K. Heard vaguely that Halifax or Bank of Scotland did accept this sort of transaction?? Can you…
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A naiive Question: Where do you get the deposit when moving house?
Hi All, Please forgive my ignorance on this one but I've always wondered... when you decide you want/need to move onto a new home from your existing mortgaged home...where does the deposit come from??? When we were first time buyers we saved up for the deposit 5-10% of the propoerty value and there were also options of…
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Nat West
I can see that Nat west have some good rates at present, we are thinking about remortgaging. Anyone know what they are like? How long they take to process a mortgage application?:)
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Rightmove requiring visit to their mortgage broker before accepting sale
We are in the process of moving house and have accepted an offer on our place as well as having an offer accepted on the place we want to buy. However the place we are looking to buy is being marketed by Rightmove. Rightmove have told us that our offer will not be considered fully accepted until they have performed their…
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2nd mortgage affordbaility whilst retaining current home as buy to let
Not a very catchy title :) I wondered if anyone could advise how I calculate affordbaility for a second mortgage. I currently own a house worth 140k, mortgage 110k , payments 425 per month, the house would easily achieve rent of 450/500 a month. I earn 30k and partner earns 40k euro, can anyone advise what the likely max…
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How Much would I expect to pay as a FTB?
Hi Guys, I am looking at getting a Mortgage of circa 90-100k, with house value of 100-110k which would give me a monthly payment of around £450 if I take it over 35 years. I am just wondering how much would I expect to pay on top of this for bills, insurance, tax, tv licence etc on average? I am trying to way up what the…
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Likelihood of mortgage offer.
I've just applied for a 90% LTV FTB mortgage with halifax and I passed the DIP with an A rating and made a full application on the 7th of this month. All they have asked for is 3 months payslips and i'm still waiting for them to ask for a valuation on the property. I have checked all the 3 credit agenices and there has…
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Nationwide - switching products and ERC
I am 4 years into a 10 year fixed mortgate (@ 5.98%) with nationwide, are they likely to allow me to jump to the 5 year fixed (@ 3.89%) if i agree pay the ERC or will they play hardball and insist i stick with what i've got or take my custom elsewhere?
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Looking for fee free whole of market MA in Bournemouth area
.. It's in the title - but is there a directory where I can find these people? Also what qualifications/professional bodies (if any) should I be looking out for? Any other questions I should ask? Thanks in advance - I'm a potential FTB but at teh very very early stages of the process obviously.
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95% Mortgage for First time buyers
Hi there, my little sister is trying to get on the ladder and has only 5% deposit. I've seen lenders such as Monmouth BS and Tipton etc that offer 95% mortgages without needing the 20% savings or equity from a family member. However, they only seem to offer it to those in the surrounding post codes of either Mid-wales or…
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FTB needing a mortgage
Hi All, So having had a week wasted and being shafted up the rear end by HSBC (refusing us based on our credit, despite stricter affordablity checks indicating that there would be no problems), my partner and I are looking for advice on where to go next to get a mortgage, with minimal to no risk of being refused. We've had…
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Mortgage problem... stucked need help!
Hi all, I had my mortgage on a house in london through a broker and broker shown me a house and took a long time to approve my mortgage.... after my mortgage approved, it was with mortgage plc, I seen the documents and it was a different house on the same street with same owner... so i just went for that one... i paid my…
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Fixed Rate ends Sept- what deal now?
Our current fixed rate with Nationwide ends Sept '11. We are currently on a rate of 5.45% paying £545p/m. If we move to the base rate, payments drop to £434p/m but we like the certainty of a fixed rate. So what do we do now? Do we stay on variable rate and let it ride for a bit or do we fix now? Would say our LTV would be…
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How do i complain about Skipton BS?
Hi I am currently going through a remortgage in which it states on their website that all legals upto £610 are free. My mortgage offer has a charge on there for £250 for legals. My broker has tried to fight my case as he agrees with me but they will not budge, he also agrees totaly unfair. They have also added £25 for…
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Valuation came less than Offer, help, advise, please !
Hi All, I am new to the forum and after reading articles thought to ask advise on the issue. I have agreed on an apartment for a shared ownership for £180k. After the valuation the bank has valued it for 170k which is 10k lower than what we agreed with EA before. I've spoken to my broker who is going to speak to the EA…
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33% Mortgage Required but Self Employed without 2 Year's Accounts
I thought my situation was quite straightforward with only needing a 33% mortgage on a property valued at £330k but after speaking to a mortgage broker it seems I was wrong. I'm looking at taking a 33% mortgage, with my mum, on a property my parents currently live in so they can release £65,000 in equity and pay off their…
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Moneysupermarket classification
I am in the process of looking at mortgage rates using moneysupermarket. I have organised the lenders in ascending order of total money during the period of mortgage with them. Although some come out on top (lower spend during term), their monthly payments and overall comparision is high compared to some others who are…
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Mortgage Rates after term
I am in the process of looking at fixed term mortgages. Some lenders offer good rates for the selected term but after this the variable rates are high compared to rivals who have slightly higher rates for the term but lower variable rate at the end. I guess the former is better? Just wanted to make sure I am not missing…
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Current Mortgage best deals July 2011
I have had a look at Moneysupermarket but just wanted to find out if anyone has come across any excellent deals. My requirement are sort of 15% or 20% deposit depending on price of the house. I would like a five year fixed deposit. Thank you in advance
