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Does anybody have anything positive to say about Kensington Mortgages?
Hi, my husband and i are FTBs and have recently put in a mortgage application though a broker to Kensington Mortgages. We dont have much choice of mortgage lender as my husband has some adverse credit. I have just read a depressing amount of bad press on Kensington, it seems that getting a mortgage with them is one thing.…
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Shared Ownership
Hi We are looking at buying through a shared ownership deal on a new build home. To my untrained eye it looks like a great way to get on the housing ladder, as we wouldn't be able to raise enough with a convential mortgage. However, is it too good to be true? Am I missing something very obvious?? We can afford repayments,…
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Halifax reduced my maximum offer
i have applied for mortgage with halifax 5 weeks back. I don't have the part of my deposit in my savings. It is a gifted deposit from my father, so i got a letter from him and gave it to halifax. but they are saying since the half of deposit is not in my savings and they can't give the amount i requested. I asked for…
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Putting husband on mortgage
I currently have a mortgage with Northern Rock (NRAM) The mortgage is in my name and I don't work at the moment, I am on incapacity benefit. I want to remortgage with RBS in a joint mortgage with my husband who works. He rang the RBS to sort this out and was told we would need to get a solicitor to do a tranfer of deeds.…
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FTB mortgage, but let it out for first 3-6 months?
If I buy my first property with the intent of eventually living there but for the first 3 to 6 months I want to let it out. Would a lender say I need a BTL mortgage? Or will they still be okay with a FTB mortgage? Thanks!
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Family matters
I bought a house with my ex partner in November 2008. It was on the back of a sale of our first home. We bought the house for £180,000, we put £13,000 deposit down and the builder paid £5,000. So our mortgage was for £163,000. Unfortunately we broke up in February 2009 and so my brother gave my ex £5,000 and half of the…
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Wanting to buy but not yet sold
Are there any options for our position? We want to buy a house but ours is not on the market yet it all happened sudenly. We have no mortgage and a small amount of savings that we can use as a deposit. We are older so any mortgage monthly repayments will be high because we will have around 8 years to pay it back based on…
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MSE News: Chelsea's top 10-year fixed mortgage that comes with a catch
This is the discussion thread for the following MSE News Story: "Chelsea Building Society has launched a market-leading 10-year fixed rate mortgage but it may not be suitable for all ..." Read the full story: Chelsea's top 10-year fixed mortgage that comes with a catch
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buying the house I rent? Getting a mortgage
Hi - after some advice/direction please. 3 yrs ago I sold my own property because I was pregnant and had to move for more space. I sold right at the worst time and made no money from the sale. I have been renting since. For the last year I have been renting a house which is perfect for the family. Our landlords said it…
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If you take a payment holiday does it go on your credit score.
Hi all, I am currently remortgaging at the moment and trying to scrape together a little extra cash as dont want to miss out on a good deal for the sake of a grand or two... Just wondering if I took a mortgage holiday.. I think I am allowed something like one month a year whether it will affect my credit rating? Does…
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Credit scoring issues
Dear members, I could probably ask the below questions without the scenario but have decided to include both. I'm looking to secure a decision in principle for commercial lending, I had already progressed this query with a mortgage advisor/ broker who had found a lender that seemed agreable in pursuing my application.…
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council right to vacate scheme
Hi, can anyonre advise us of a mortgage company that will accept us for a mortgage on the councils right to vacate scheme. Basically we vacate our council property and get a grant which goes straight to the vendors on completion and a second charge is put on the property for 3 years after which the council have no claim to…
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Thoughts on this Mortgage Offer?
Hi everyone Friday afternoon conundrum for those 'in the know' - What are your thoughts on this mortgage offer from Natwest? Property Valuation 350k Purchase price 333k Income 38k gross single application Natwest have offered to lend £175k interest only 18month tracker at base rate + 2.59% Does this seem like a reasonable…
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Deeds & Land Registy questions
Hi there Paid off my mortgage a month or so ago and was expecting to have had some paper deeds returned from the mortgage supplier. So far all I have received is a letter from the Land Registry saying that the mortgage supplier has advised them to 'cancel the charge entries' by them. This letter also goes on to say that I…
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moving house - joint mortgage on one income?
Hello, I was wondering whether anone could offer any suggestions on mortgage companies to approach for our circumstances or anything we can change to give us more flexibility. We currently have a mortgage of £102,000 and are paying interest only. We have just accepted an offer on our property for £148,000 leaving £46,000…
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Mortgage application for self emp . Accounts prepared or submitted ?
Hello, we made an offer last week which has been accepted by vendor. As am self -employed and take my income as part salary and dividend. Would the lender accept accounts thats been prepared & attested by accountants or would they only accept it once its been submitted to HMRC kind regards
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phoneix endowment
we have a phoneix endowment ends next year after 25 yrs we have paid £50 per mth as it stand the so far the boneus is £9000 any ideas what we could expect to get when the policy ends
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Mortgage Q when buying off plan
Hello, Can anyone tell me if you need a mortgage offer in place in order to exchange contacts? We are required to exchange within 21 days, but the house will not be ready for completion until late Feb. We have the 10% required to put down as a deposit, but most mortgages we are looking at the offers are only valid for 3/4…
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Defaults causing mortgage problems
Hi there My partner and I are having to move due to his work relocation. We went into a DMP about 18 months ago and now have defaults on our credit report as a result. We, stupidly I know, had no idea that getting involved in a DMP would have such a devastating effect on us getting a mortgage. In fact, we specifically…
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Adding my new wife to mortgage
Hello all, I live in a £150k property in Edinburgh, Scotland, and I have £70k-£75k remaining to pay. The mortgage is in my name only as I bought it four years ago. I got married two weeks ago and my wife and I would like a bigger place, with a view to starting a family. We both earn £25k each. Firstly, should I have my…
