-
Advice with remortgaging please
Hi there, I'm currently locked into a fixed rate mortgage with three years left to run on the fixed rate. Even though there's some hefty early repayment charges, some of the deals on the market look very favourable compared to what I have now. The problem is I don't know how to tell if I qualify for them. When I bought the…
-
Should I use a mortgage broker?
Hi, We are selling our house and wanting to buy a new one, do i need to use a mortgage broker? As i'm not really sure where to start, can anyone help me please? Thankyou :)
-
Can i move my mortgage if in negitive equity?
Hi, I currently have a mortgage for £95k and are in negitive equity by £10k, i want to sell and move to a slightly bigger house and put a deposit down of about £15k. Would my mortgage company allow my to port my £95k then add £15k as a deposit so i can buy a £110k house and still have the same mortgage payment? As i think…
-
Recent Mortgage Application & Job Offer
My partner and I have recently been accepted for a mortgage to purchase a new house and a buy to let mortgage for our existing house. Today I have been offered a new job (with a higher salary and a 3 month probation period) and I am unsure where I now stand mortgage wise. I have a three month notice period in my current…
-
First time buyers- reassurance/advice please!
Hi all, I honestly don't know where to start with this, I'm at my wits end (already!) :wall: My partner and I are currently renting but our landlord wants to sell so we've been looking at buying a house. The one we're renting is on the market for waaaay above our price range but we had a good look around and found a really…
-
Mortgage Offer - can I cancel/change?
Have an offer from Abbey(Santander) of a 2yr FTB fixed deal for 22years on a 140K property with 10% deposit. We have signed the mortgage deed that the conveyancer sent us but sale is progresing very slowly. Does this mean we are now stuck with this mortgage or can I still look around for a better deal? thanks
-
Help! - MORTGAGE QUERY
Hi - Was wondering if anyone could answer this for me.. If I took out a loan from my foreign european bank account, would data on this be known to a UK bank when checking my credit in respect to a mortgage application? Or do the credit checks just check on national data, credit history?
-
Age limitation on new mortgage application
I wonder if anyone can give me some advice? I am 37 and my wife is 19 years my senior and we have been married for 8 years. We have an interest only mortgage but have no current repayment vehicle due to our business failing 2 years ago. We are currently looking into remortgaging onto a repayment policy with a slightly…
-
Help! How Can I take Over My Mortgage On My Own??
My ex boyfriend and I bought a house together 3 years ago. Just over a year ago the relationship ended and I have been living in the house and paying the mortgage on my own since then. I have been advised by my bank that the only way to take over the mortgage on my own would be to remortgage the house in my name and pay…
-
Shared Equity - Charles Church
I’m after a bit of help understanding which providers would potentially borrow on a 85/15% builders shared equity scheme such as the one which Charles Church is currently offering. As I understand it, it is not the HomeBuy scheme run by the Government but one the builder runs privately and takes a first charge on the…
-
Over payment advice.........
Here is my story, in two years time we hope to have 40K saved to knock off our mortgage. Our initial mortgage was for 160K, we currently have 6 years paid with 14 left. In two years time we would have 8 paid with 12 left. Our current repayment is 1079 a month. I contacted the bank and I was told our new repayment after…
-
independent legal advice for HSBC home owners loan?
hi, We currently have a mortgage with HSBC, and have applied for a homeowners loan which is nearly completed but I was wondering if anyone could shed some light on why I need to get independent legal advice form a solicitor when borrowing from HSBC. The property deeds are in my name, but both myself and my husband are…
-
First-Time Mortgage Advice
Hello MSE, It's my first post although I have browsed the forums for a while. My partner and I hope to soon buy our first home and I am hoping to receive advice on mortgages. We live in London and our property price range is £250,000-£300,000 depending on how much we are allowed to borrow (we have a meeting soon with a…
-
Student loans
Do student loans under the old system affect how much you can borrow for a mortgage?
-
Remortgaging an unencumbered property to help missus buy out her ex
Hi, The situation I'm in is the following. I own a house outright which is worth in the region of £100k. It's not rented out, as it's full of all my stuff! My missus has separated from her ex, they jointly own a house which we've recently had valued by an estate agent, who said it's likely to sell for £155-158k. Their…
-
Halifax overpayments - balance does not reflect overpayment
Made a couple of one-off overpayments in the last couple of days from my HSBC current account to my Halifax mortgage. However the balance change on the mortgage does not reflect the amount of the payments. A new mortgage, have had the first payment on the mortgage and had some spare savings so decided to overpay. 1st…
-
Are we first time buyers?
I have a house, solely in my name. If I sell it and buy a new house with a partner who has never owned a house before, are we first time buyers or not? As I'm not but she is
-
standard variable rates
Hi all is there anywhere online or otherwise where i can find the last few years of a mortgage lender's SVR changes, or a composite table/information showing trends over time. i am considering a new mortgage and would like to see several mortgage lender SVR changes if possible. thanks:j
-
HSBC Mortgage Decline
Hello, I have recently been declined for a mortgage with HSBC. I have banked with them for 10+ years. I went through the agreement in principle with no problems but the final application was declined on a basis of over reliance on debt. I have a 2200 overdraft with them which i use the majority of the time and a 6k loan.…
-
mortgage and renting house out
Hello, This maybe a silly question... but I am sure lots of people do this. We have had our current tracker mortgage for 6 years, which we are very happy with. We are contemplating moving abroad for a year, in this time we would like to rent our house out. I have a question regarding our mortgage, if we rent the house out,…
