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CCJ Mortgage - urgent help required!!
Hi there! I have sold my flat and moving to a house on 3 October in Edinburgh. I have a decision in principle from Leeds BS but they are dragging their heels on the loan papers. They may come good but my mortgage broker has me worried and time is running out for me. I have a satisfied CCJ from May 2006 (disputed solicitor…
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Accord mortgage application declined because of 'poor documentation quality'
I am so frustrated I have a 50% deposit and we want to buy a flat worth 240K - I have 120K deposit so need a 50% loan It is a flat in a nice part of london and the valuer has valued this at 300K I am self employed and have one year accounts which show a 80K+ profit - This year has been even better and I should be making…
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Mortgage application - is there an issue?
We submitted our mortgage application about 3 weeks ago, and we still haven't had our formal offer. We have chased the lenders several times, and each time they say theres no problem with our application, but there is always a reason why the offer hasn't been made. The last reason was that it is with the underwriters, but…
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Reposessed House and Divorce
My sister recently got divorced, at the same time the house she shared with her husband was reposessed. She is trying to resolve this issue with the shortfall from the auction, but her ex husband doesn't seem to be interested. Could it be arranged that she only pay half. I can't see how it could be fair that she would be…
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Halifax / Northern Rock = Early Repayment Charge confusion
Hi Can anyone help me please? :( I went to Halifax a couple of months ago to change my bank account and a mortgage advisor came into the room to say ask if I had considered remortagaging. I explained that I was tied into my mortgage with Northern Rock for a further 3 years to which she explained that Northern Rock had…
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buying lease
Has anyone had experience of buying their lease off the leaseholder, for a private house and not a flat, going to the Leaseholder direct and costs or appealing to the - Leasehold Valuation Tribunal- and their costs to determine a fare price if the original offer was too high.
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interest only mortgage
Hi - I am looking for advice on the possibility of getting an interest only mortgage for a few months instead of a my repayment mortgage and then reverting back to this again. I have recently asked my husband to leave the home as he is an alcoholic. When he was drinking he incurred £1500 worth of debt in my name and I have…
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mortgage advice
Hi, We currently own our own home outright and its currently worth 270k. We are looking at a new house for 380k but wish to keep our current house to use as rental property. We have a 60k deposit so would be looking at a mortgage of 320k (ish). This is obviously a poor LTV, do we have any option of releasing equity from…
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First Time Buyer and Mortgages!
Hi there. I'm at the initial stages of researching for getting my first mortgage, so looking for some advice and pointers in the right direction. I earn 22,500 before tax, plus enhancements (for weekends/nights etc) and would be looking for something in the range of 80,000-90,000. I don't currently have any deposit saved,…
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Help with Changing my mortgage
Hi I am looking into changing my Mortgage for two reasons, 1: I would like to reduce my montley re-payments of £1,070 per month, its a repayment mortgage @ 5.890% fixed which ends on 31/07/12 The early repayment charge would be £3,485. Then there are other cost, guessing a new house price valuation, new mortgage setting up…
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Large equity deposit for LTV - use or invest?
I hope this is the right forum for this question? We have sold our house for a price that leaves us with £300k equity. We are looking to buy a new house for around £500k (under!) The query I have is whether I should use the entire £300k equity as deposit on the new property or whether I should take a larger mortgage over…
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Processing charges for using debit cards
Diamond Resorts International has sent the following notice to its UK members: "We have recently been notified by our credit card payment processor that the administration charge they currently apply to all credit card transactions of 2.5% is to increase to 3% of the transaction value. Furthermore they have also advised…
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Mortgage shortfall - ex partner (Help)
Hello I really need some help with my situation. In 2008 I put my name onto a joint remortgage for my ex partners house as he was about to lose it and had a lot of outstanding debt. In January 2009 I moved out after the relationship broke down and my partner had told me he would keep paying the monthly payments as I had to…
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How long left?...
Hi, Just a quick query on what stage were at, my wife and I are FTBs and are in the process of purchasing a property, it's been going on since May this year and we've hit the following milestones with our solicitor: Purchase Agreed Instructions received from agent Client confirmed instructions & search fees paid Contract…
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A second mortgage
Hello, Im after some advice please as i dont really know where i stand. A number of years ago I purchased a flat for myself and my partner to live in. After a while we split up and she moved out. Shortly after I choose to move out of the flat and back with my parents. I have since rented out this flat but never informed…
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low wage mortgage????
what is the chances of getting a mortgage on a property borrowing £100,000 based on £600 pr month wages and absolutely no deposit (only gift of deed, where we are not taking a mortgage for the full value of the property) a complete no go i feel but someone somewhere might know different.
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Simple Question
Hi Perhaps I am getting excited for no reason. My wife and I applied for Halifax mortgage on Monday. Spoke with broker and I am advised that everything looks okay BECAUSE Halifax have instructed for the valuation to be done on Monday. Does this mean I have any guarantee of getting mortgage offer? Thanks you, R
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creative recruitment-advertising agency jobs-creative recruitment agencies london
Most people have been a job-hunter at some point, so build on this wealthy free resource by talking to other people and asking for their recommendations on the best London city recruitment agencies. Whilst the ability to gain employment is of course down to the individual, recruitment agencies are great for locating…
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Mortgage rationing?
Whilst chatting with my 85 yr old mother the other day, she mentioned the mortgage application process she and my dad went through when buying their first (and only) house in 1960. According to her the rules were: A two-year savings record with the building society(Abbey National) A 25% deposit To earn in a week the amount…
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Complex Questions - Obtaining aUK Mortgage from Overseas & Buying Auctioned Property
My husband and I moved from the UK in 2009 to Canada. We are planning our move back so I have a couple of questions: 1.) How do you obtain a mortgage for a home in England from abroad? I've read varying suggestions - most say that it is best to get a mortgage in the country you are buying in, however I am not local and so…
