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Credit score, real?
Hi I've just done an Experian Credit Score and got 999 Is this likely to be a mistake? Seems a bit "too good to be true"?
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Advice on estate agent services
I've made an offer on a house as a first time buyer through an estate agent and the seller has accepted the offer. I've had a 30 minute sit down with the agents to talk through the next steps etc. They are keen to offer a mortgage service where they will scan through various lenders and find me the best deal, at a…
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Wanting to sell but house in negative equity
Hi I am new to this and hope I am doing it correctly! I want to sell my house, due to the drop in house prices my house is probably only now worth £95k and my mortgage is approximately £107k. I am not with a mainstream lender having had money problems in the past and I am now with Kensington. I have asked them on a couple…
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Surrendering an Endowment Policy
Hi, I have an Endowment Plan with Sunlife Financial of Canada. I am thinking of cashing it in. I am halfway through (12.5) years, and the monthly payments are £90. I have had a surrender value from Sunlife, but wondered if it's worth approaching any other company for a valuation? If anyone has done this and can suggest a…
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Need help & advice with regards to reinvesting in a house through a trust.......
Hi - I need some help & advice and it is quite complicated - hopefully someone may have been in a similar situation.... 3 years ago my nan died and she left her house in trust to my mum, my sister & I with a life interest in it for my mum - i.e so my mum would always have a roof over her head. The reason it was left in…
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Mortgage Rejected Because I do not have expenses
I applied with my partner for a mortgage (£116,375) and have all the relevant documentation requested by the bank at initial phase of application, I'm self-employed and my partner works full-time our joint income is £45,000. I have 21 months worth of accounts supporting this (they were happy with this along with a…
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LTV (loan to value advice please)
I am currently selling my house in Scotland and looking to downgrade due to change in circumstances. I will have approximately £20,000 worth of deposit towards my new purchase but want to spend as little of this amount as possible because I need the cash to pay off some of the other debt later on + moving into my new home.…
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First Time Buyer
Okay, here's the situation: I earn a reasonably good wage; £24K a year. I've only recently started to save money due to only recently clearing all debt, (car loans, etc). So aside from car insurance (£94 per month) and lodging costs at home (£250) per month I don't really have a lot more that I HAVE to spend money on. I've…
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could i possibly take on the mortgage?
looking at where we are at with this mortgage just now and we pay 500 a month, contractual is only 350 but we have arrears *mortgage is solely in husbands name *he is employed *his credit rating is truely trashed we only have about 20k outstanding but of course he cant remotrgage as no one would touch him is it possible…
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Remortage at 73... is this the best solution?
My dad who currently has no mortgage is wanting to help myself and some of my siblings out with a gift of 10k each (which is an amazing gesture!) He has spoke to an IFA and the IFA has suggested the best route would be to take an internet only mortgage for 60k of the value of the house (the house has been valued at 245k…
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Advice required please - moving to lower/same value house
Hello, My wife and I are looking to move house. We currently have a mortgage for less than £120k on a property we paid £150k for. We have recently seen a property that we are interested in which is now on the market for OIRO £145k, reduced from £150k for a quicker sale. Our house is not on the market as we're doing a few…
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not yet on electoral register
I read in the mortgage guide that you should get yourself on the electoral register if you are going to apply for a mortgage. We are currenty in rented accomodation. I filled in the electoral register form and sent it back. However, when I checked if our names had been added I was told that the council are in the "annual…
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Shift debts to your mortgage? discussion area
This thread is specifically to discuss the Shift debts to your mortgage? To discuss or ask a question about this article: click reply
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Do we need to get the searches going?
Our mortgage application has gone in today. The broker has said that it will be 2 or 3 days until the valuer is instructed. What do we need to be doing in the meantime? Do we need the searches etc completed before we can get the mortgage offer or is that nothing to do with it? Sorry if its a stupid question, its been a…
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Mortgage approved...what now?
Hi Everyone, A few of you may have read my post last week with me fretting over my mortgage application being accepted due to past credit problems (3 late payments in 2009, showing as 111 but not 123 on my Equifax report) and various other things. Our mortgage broker had decided on some mortgages for us but could only…
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HELP ME - Which is best, Interest calculated daily or anually?
Hello. I am somewhat confused regarding the effect of when mortgage interest is calculated. I have two mortgage AIP's. One is where the interest is calculated daily and the other has interest calculated annually. Pretty much everyone I've spoke to says that a mortgage where interest is calc'd daily is better than one where…
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My wife won't move out or pay.....
2 and a half years ago I left my marital home after finding out my wife had been having an affair for 2 years. I moved 60 miles away to be closer to work and to avoid the daily commute. I left my wife in the marital home to care for our 2 children. After a few months I had a new partner who moved into my flat and since…
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Full natwest mortgage offer now rates have dropped!!
Hi all just wondered if you could give me some advice, After struggling to secure a mortgage with a lender (due to my husband not having enough accounts from him taking over his fathers business in jan) we finally got our full mortgage offer from natwest last week details are as follows: Purchase price 204k Mortgage needed…
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mortgage help?
I am just wondering, are 95% or 100% mortgages still available? Are they llimited to first time buyers? I need to sell my house but won't make any profit for a deposit, I have about 5k saved but that is all, and can't save any more as we are overpaying our mortgage as much as we can because it is a high rate.
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Over pay mortgage or loan?
Please can you guys help me with my decision... Current mortgage on the SVR (£153,000 left to pay worth approx £180,000). Loan £13000 plus interest at 14.9%. Mortgage abroad increases by £300 per month in 2014. I am confused at what to over pay on. Do I throw every spare penny at my loan with a view to paying this off…
