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Property put in my name, do I have to wait 7 years before I can raise a mortgage?
My father is about to legally put a property into my name (there are no outstanding mortgages or moneys owed etc). The house needs investment as areas of it are in a bad state of disrepair. My father is too old to raise a mortgage on it himself and isn't interested in equity release. So my question is, for the inheritance…
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First Time Buyer Mortgage HELP!
I've found a property and have found a mortgage Lender. The lender has given me a 'yes' in principle and I have passed credit checks. BUT... the lender has asked for a month's bank statement which will show that the entirety of the month I will be overdrawn (around £800). The final balance will be in credit, as I get paid…
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Worried - should I even bother?
Money Saving Posters I am feeling extreamly :( A bit about me: I was in a lot of debt and it has taken me a long time to clear it. No debt management plans, no IVA's or bankrupcy. I have worked so hard, and now I am so deflated...... I know this will all effect me so please no lectures. I have only had two addresses and am…
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Advice about selling a Part-Buy / Part Rent Property
Hi all, It's my first post here, so apologies if I've managed to post in the wrong forum as I'm just finding my way round. Anyways I'm posting to ask advice about the situation my girlfriend's found herself in with her part buy / part rent property. After having it valued by two independent Estate Agents giving a…
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ADVICE - Mortgage where i can draw back on overpayments ?
Hi All Need a standard mortgage where i can overpay BUT also be able to draw back on these over payments. I used to be able to do with with my old Nationwide mortgage but they do not have this facility anymore..... Anyone know of anyone doing this type of mortgage ?? Cheers
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right to buy mortgages
hi does anybody know anything about right to buy mortgages? I read last year that the government were trying to get it going again and were to offer up to 50% off council houses. does anybody know any more on this or how you find out? Thanks a lot.
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Is it worth using a financial advisor?
We are ready to re-mortgage our home and if we use the guy that helped us when we bought the house 2 years ago, there will be a £200 fee for him to find us the "best" deal he can. Is that good or should we try and do it ourselves?
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potential court order to force a sale...advice please
Hi All, thanks for reading My partner and I split last year and we have a joint mortgage. Things have been a bit rocky and despite my best efforts it doesn't seem as though we can reach an amicable agreement to either refinance the mortgage individually, or sell up. [He is living there and would be the one to need the…
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Another family gifted deposit question...
My partner and I are soon to be FTBs and planning to see a mortgage broker next week. We've received gifts towards our deposit from various relatives (who are aware that they may be required to provide a letter stating the money is an outright gift/they have no interest in the property etc.) I understand that lenders allow…
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Advice on inheriting a property
My father passed away in December and I will be inheriting his property. There's only a small mortgage remaining and I'm in the process of getting Nationwide to transfer it to my name. Luckily he was on the 2.5% deal. I already have my own property which due to the location isn't ideal for getting to work and I intend to…
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Second charge restriction
Hi All My business went into liquidationlast summer and I was left with a substantial business debt which had beensecured as a second charge against my house.I have been fortunate enough tosecure a new job and I am continuing to make the payments to the bank at thesame rate as when the business was trading. I did try to…
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joint mortgage advice
My OH has a mortgage with his ex which is now in negative. He left the home 2 1/2 years ago and is about to finally go through the divorce. He bought the house in 1997 and she didnt come on to the mortgage until 2006, she has tried to take his name off the mortgage which he agreed to do but the mortgage company wouldnt…
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FTB MORTGAGE Formal offer???
We've been provisionally accepted for a mortgage and I wondered if it's likely that we will receive a formal mortgage offer? We're on tenter hooks atm, we've been accepted on the homebuy scheme :j and need to instruct a solicitor. Any advice there? We're 1st time buyers and any guidance re the final mortgage and solicitors…
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Bigger deposit or pay credit card?
So I'm about to sell my house and should get about 40k. The question is do I put it all towards new house deposit or use half and have a 90% mortgage and pay off the credit card debt? Advice welcome please.
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advice on a mortgage SAR
Hi all after sending a SAR to santander who are after a mortgage shortfall from me they are saying they cannot find any history about the mortgage/me or the property any advice on what to do next ? many thanks
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Can't switch to BTL any other options?
Hi, Wasn't sure whether to post here or in renting and selling. Apologies if I need to move this. We are living in a house on a street where nobody sells. Lettings apparently no problem (clear to see when the to let signs come down). We bought new with only a 5% deposit 5 years ago. Since then the value of the house has…
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partner moving in but need to keep mortgage in my name and document it!
Hi, I've had a browse round but can't see what I'm after and wonder if anyone could point me in the right direction. My partner is moving in with me and for various reasons I will continue soley paying the mortgage. We're both happy and have agreed to put in writing that should the worst happen and for some reason we did…
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Nationwide not letting customers pay erc and switch to another product
Is anyone else stuck on a fixed rate with nationwide and not been allowed to pay early repayment charge and switch to another product.apparently they changed there terms and conditions in 2009 and did not bother to inform there fixed rate mortgage customers.
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Type of mortgage for house renovation?
My wife and I are moving from our flat and have had an offer accepted on house which needs some work. On the 2nd viewing we took a family friend with us who owns his own building firm to have a look over for us. The renovation is mainly cosmetic, but does need new kitchen, bathroom, carpets etc etc. We are hoping to do the…
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Second mortgage / BTL mortgage
In brief, the below is our current situation: Currently paying £500 on our mortgage (on our house which is £10k -ve equity). Also currently saving £1500 p/mnth for deposit on new home So at present we're currently "spending" £2,000 /mnth on homes Ideally we'd like to let out our current home and buy a second home to live…
