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Getting Married / borrowing more
Hello there, Curious where to go in an unusual position. I used a £75000 deposit to buy a £150k house in 2007. In 2009 I consolidated my credit cards (approx £10k) on to the mortgage and reduced the term also. I'm getting married in a fortnight. My wife-to-be and I earn similar salaries and would like to sell my flat and…
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Signing house over to ex and getting paid the equity
Hi, I split with my partner 2 and a half years ago and at the time we agreed that she will keep the house and pay me £11000 as we were in a fixed mortgage and now the time is up, I got a letter saying that my ex wants me to sign the house over to her and that I will be entitalled to nothing, I called her and she said the…
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Do we count as first time buyers
I have a my name on a mortgage together with my ex-wife (value about $72000). I take no financial responsibility for it, my ex is unable to afford to get my name off the deeds so it just carries on. I have a 14 year old daughter who lives there. Idea is when she is out of education the house is sold (hopefully) and I get…
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Splitting up with partner, getting my deposit back
Hi, me and my girlfriend have split up and she wants to buy me out of the house. I have no problem with this as it means no estate agents involved. The problem is she hasnt got the cash so is looking inot getting a loan to cover my part. We put a 25% deposit down so was wondering if we could effectivley sell the house to…
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Endowment ending in June 2012
Hi ,can anyone advise me what happens at the end of my endowment next june,i have paid £22 per month for 24 years.I have noticed people talking about terminal bonuses,are these a % of the amount currently in the fund which is approx 12K,the policy is with Aegon formerly Scottish Equitable
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95% Mortgage or 5% vendor gifted
We are first time buyers who have just found a property we love which needs work. Because of this I dont want to put down all of our saving as a deposit and instead try and get a 95% mortgage or 5% vendor so we can use some of our savings on improvements. We had a mortgage in principle with halifax but obviously they have…
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Tracker or fixed?
Hi, my current mortgage deal's just come to an end. I was looking at fixing but some of the "arrangement" fees are horrendous and I just don't see how they can provide good value when adding the cost of these to my mortgage amount when they only last such a short time. I've seen a couple of good tracker ones - 2, 3 and for…
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Proof of income required for a mortgage
A friend of mine wants to get a second mortgage or a loan but can only show three months income. Does he have any chance at all or do all lenders now insist of 12 months? Thanks in advance.
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95% Mortgage or 5% vendor gifted
We are first time buyers who have just found a property we love which needs work. Because of this I dont want to put down all of our saving as a deposit and instead try and get a 95% mortgage or 5% vendor so we can use some of our savings on improvements. We had a mortgage in principle with halifax but obviously they have…
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Remortgage - potential costs?
Hi, I'm looking into re-mortgaging and I'm not sure of a few things - hopefully someone can help me out with! I took out a 100% professional mortgage (we're both teachers) with Standard Life in 2006, with a 3 year fix at 5.39%. When the fix ended, the variable rate was also 5.39%, so I've been paying the same amount now…
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Mis sold mortgage through a brooker
I want to know if there is anything i can do, its very complicated but il try and explain the best i can I bought my apartment as a new build in 2005, I was sold a scheme called easy buy with Crest Nicholson. I was working for a year in between my second and third year of a degree, and my husband at the time was working in…
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2nd Mortgage
I have a residential mortgage with Barclays in my name jointly with my father (76yrs old). My fathers name is in the mortgage solely for the fact that he gave the deposit. My parents live in this house. The mortgage is an offset lifetime tracker at BoE+0.48%. My father has £25k in his account offset against the mortgage.…
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Advice needed - bad credit history, large deposit...
Hi, This is a slightly complicated one, for which I'm hoping for some good advice. My wife has recently come into quite a bit of money (not for especially happy reasons, but it couldn't have come at a better time as we were slowly drowning in debt thanks to a combination of bad luck and even worse judgement - I blame…
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Lloyds TSB / C&G Mortgages
Lloyds TSB / C&G Mortgages Does anyone have a mortgage with them and if so do they take into account any benefits you receive? Ie child benefit / tax credits / disabilities benefits Thanks
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Commission or fee based MA?
Hi All, Can anyone please point me in the direciton of info which explains whether a fee based or commission based MA is best for me(potential FTB). What kinda fee's do MA's charge and when does the fee become payable? (i.e at teh very beginning, or when the sale is complete?). If its a commission MA how do I find out what…
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Reassurance please! Santander mortgage
We applied for a Santander mortgage via a broker early last week. We were put on / allocated a Fast Track application. They have now come back and asked for some additional paperwork/information. Is this normal? Obviously we have provided what they have asked for, but I am just getting a bit twitchy that an offer isn't…
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Cashing in with profits endowment
I'm sure others have asked similar but i'm after any thoughts regarding my endowment. It is a with profits in year 14 of a 25 year term. The current net surrender value is pretty much what i've put in. I no longer rely on it for repaying my mortgage. I have need of the cash for projects in the new house and not paying the…
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Leaseback French Mortgage Default
I hope someone can offer us some sound advice? We own a French property via a leaseback scheme. The management company and building company went into administration and we are paying a mortgage on an unfinished property. It will one day I think get finished, but we are mixed up in a very long, slow legal battle. Sadly it…
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Best self cert mortgage for self employed
Can you still get good self cert offers these days? Being self employed last few years books not so good but Im very confident next few years will be very good and I have large deposit. I dont mind large deposit but dont want to pay a higher rate because its self cert. I know they talked about clamping down on self cert,…
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Chances of Nationwide releasing mortgage funds with 3 days notice?
Exchanging tomorrow. All 3 parties in the chain want to complete Friday. Our solicitor is putting in a request this afternoon for an early release of the funds, so they are with them on Thursday. Solicitor says it is entirely up to nationwide - does anyone know how likely are they to do this? I'm not sure how out of the…
