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New Building/Shared ownership mortgage
Just wondering how easy it is to get a shared ownership mortgage. Are there many lenders who offer these mortgages? I'm planning on buying early next year. At that time I will have no defaults, no CCJs and no Bankruptcy. In the past 2-3 years I've had one late payment on a catalogue and prior to that I fell behind on a…
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so confused with mortgages and what to choose
we got a £50000 fixed rate mortgage with the halifax 5yrs ago just before recession and interests started to drop grrr but this ends this december (yippee} i know its still a few months away but we would really like some advise with what deals would be best to take, we have lots of equity in house thats valued at £180000…
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So Confused!!
Hi I have had an offer accepted on a house as a first time buyer. The mortgage application is now in process and my advisor has said the next stage is valuation, which they will call me about tomorrow. I assume they will ask me where I want a basic valuation or a home buyers report at this stage? Thanks
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New mortgage but bad credit
I'm looking to move to a larger property. I have had a mortgage on my current place for 6 years. However, I do have a CCJ that I got 4 years ago (so after the mortgage was obtained) - it is for £17k and I plan to pay it off when I sell my current place. I don't have any other outstanding debts. After paying it off, I would…
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what do they need?
Hi, I'm basically after some advice for my parents. They own their house out right (no mortgage) but want to borrow a large sum of money for home improvements & to help my brother with buying a property (he will pay them back once he has got a mortgage of his own). They want to lend against the house. They earn approx £30k…
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Housewife Income - Home Improvement Loan
Good afternoon folks, I wonder if anyone has come across this problem or would have any idea on which way to go: I wish to apply for a home improvement loan (via my mortgage), the house is only in my name as I bought it before I met my fianc!, however he is actually the main earner as I only work 10hrs a week and am…
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Re-Mortgage - do i ditch my fix?
HI, I currently have a 5 year fix with Santander (with 2 years to go) at 5.83%. We pay £1370 per month on a mortgage of £170924 with 15 years 10 months to go. We have an early payment fee of nearly £7000 on this deal. My question is whether it would be worth paying the fee and trying to get a better deal to save money.…
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Confused re mortgage
Hi all just wondered if someone could clarify where I stand Re buying our next house We are currently going through the process of buying our next house and now have the mortgage in place. We decided to apply in just my husbands name as he is sole earner and my credit rating isn't all that great so I was bringing the…
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Declaring dependents on application
Just had an interesting note from our compliance dept;- so make sure the information supplied is completely accurate.
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Over repayment Vs invest - ADVICE WELCOMED
Hi, I have an amazing mortgage at the moment - 0.19% above BOE rate. Currently overpaying by about 40% so effectively term will be 14yrs instead of 25yrs. Expect to move house again in 5 years time- this move will be a big move to a much more expensive house so we will expect at that point to need a much larger mortgage.…
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Credit rating help?!
Hi, me and my boyfriend have started with the save to buy at nationwide bank, however I am worried that in 6 months time when we can apply for our mortgage that my credit rating may not be very good. I have no credit rating - never had a credit card, loan etc. I have just signed the electoral register (heard that made a…
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Re-Mortgage time
Our 5 year fixed has just come to an end with NRAM, and we need to look elswhere as they are not offering new mortgages. We have a repayment / interest only mortgage which we overpaid, but are now on the SVR (4.89%). The payments have reduced somewhat so the overpayments are working harder to get rid of the mortgage. We…
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how to get a buy to let mortgage
I wish to move out of my house and move in with my girlfriend who is buying a house. My mortgage company (coventry building scoiety) will not provide me with a buy to let mortgage as there is not enough equity in the house. They have said i can get 'consent to let' for a year if i prove I will be working away from home or…
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GMAC Mortgage now with LAMAC advice
My sisters mortgage, which was with GMAC, was moved by them to a company called LAMAC (Gemini Funding). She rang them (LAMAC) to try and get a better deal on her mortgage and they told her that all they do is administor mortgages for other companies and they can't offer any deals other than keep her on the one shes on. So…
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How soon to start looking for new deal?
Hi guys, Apologies if this one has been done already however couldn't find anything via Google. My current 2 year tracker deal comes to an end in 6 months, I know it is some way off yet but I was wondering how soon you can start looking at changing deals or mortgage providers? There's much better deals out there now for my…
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Paying whole mortgage myself after r'ship split...
Hi, I'd be grateful of people's opinions, comments etc on the following: My partner and I bought a flat at £168k in 2006. A declaration of trust was agreed for 50/50 of everything - inc mortgage payments, utility bills, share of the property & property maintenance charges. In 2009, he moved out after relationship split. We…
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Quick question about a new mortgage
hi all, i currently have a mortgage on the SVR with halifax (owe 80k) and loving not being on a fixed deal! iam thinking of buying a new house, slightly bigger but dont know the procedure for a new mortgage so my question is...... will i have to get another mortgage ( on a fixed rate) to get the new house, or will i just…
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Mortgage and redundancy
I live with my unmarried partner but the mortgage is solely in my name. It looks like I'm going to be made redundant (currently in consultancy) but we can still afford the mortgage from my partner's income. Obviously I should probably tell my mortgage provider but I'm worried about their reaction. Or I could keep paying…
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Mortgage whilst on benefits?
We need to move house because our current small home doesn't meet the needs of our disabled children. We have plenty of family support which we had planned to use as childcare, but because of the unanticipated additional needs of both children this is now impossible. I currently stay at home with the children and my wife…
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MSE News: Mortgage fees soar amid record low rate environment
This is the discussion thread for the following MSE News Story: "Mortgages arrangement fees have jumped by a typical £150 in 12 months, so borrowers should be on their guard ..." Read the full story: Mortgage fees soar amid record low rate environment
