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Difficult Situation
Hello - My financee currently still owns a property with her ex-boyfriend. The situation was that she put in over £10k as a deposit by herself when they initial got the house and have an on-going interest only mortgage. Both their names are on the deeds. When they broke up in March 2010 they lived together still for a…
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Declined mortgage for arrears on a utility bill.
I have recently tried to increase my mortgage on my house and I have been declined for arrears on a utility bill. I have run a credit report, which showed no arrears and contacted all my utilities, who have confirmed no outstanding debt. Does anyone know how to find out which company this arrears belongs too and how to…
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Mortgage Newbie....completely so.
Hi All, Thanks to this forum and the great advice I got, I managed to be debt free! I never thought the day would come but it did! and life has been debt free for nearly two years and I'm loving it. However, now its time for me to get into the only debt I would ever consider...a Mortgage, please excuse the rambling but I'm…
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Advice re: Mortage lump sum payment
For the past seven years we have had a monthly payment going into our account to cover our mortgage from the mortgage insurance we took out with it. This was because I was diagnosed with ME/Fibromyalgia. The amount the insurance pays in doesn't pay the full amount but it does help towards the monthly mortage payment. This…
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Joint Mortgage with Satisfied CCJ Advice
Hi All, I was made bankrupt in 2008 and discharged from bankruptcy on October 2009. I have completed final payment for my IPA this month (March 2012) and am now officially 'free'. All the debts are now satisfied. I am aware that a CCJ stays on my credit record for 6 years. I am planning to buy a property with my brother…
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Endowment assigned to Western Trust
Hi, has anyone any idea how I can get in touch with Western Trust regarding an old endowment I had which was assigned to them?:)
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ending fixed rate early, or waiting for it to end and transferring to SVR?
Hi, I'm just wondering if anyone could give me a bit of advice please? I'm thinking through a couple of options with regards to our mortgage. We fixed 4 years ago on a 5 year fix of 5.99% (at the time the interest rates were going up, and it seemed the best option at time, shame that it ended up proving otherwise!!) Come…
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Getting a mortgage
Guys, We are working very hard towards our DFD, however this is all with an aim to buying our own house in the future, all our current debt is in my OH name and is being managed well and snowballed, my question is would it be better for me to get a credit card and use/ spend/ pay off to give myself a credit history as well…
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Getting a mortgage with a default
Just had an email from our IFA saying that she doesn't think I'd be able to get a mortgage because I have a 5.5yr old unsettled default on my credit file. The default is for just over £600 and despite contacting the debtor several times they are unable to locate the account and until they locate the account I can't pay it…
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Should I Pay Off Debt or Not?
Hi I would appreciate some help from any mortgage brokers/people with experience: I am saving towards a house deposit and currently have £3k in debt and about the same in savings. I am hoping to have at least a 10% deposit by the end of the year but will continue to save depending on circumstances. I have read Martin's…
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Mortgage application with partner who has previous joint mortgage
Hello, I am a first time buyer Im looking to buy a property with my wife. I have £150,000 deposit, I have seen a property at £350,000 and have agreed a price at £330,000. My gross income is: £27,000 Partners gross income: £15,000 Total: £42,000 I have spoken to a few banks and have been told that I can borrow up to…
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Right to buy deposits
Hi, I am a council tennant with the full 70% discount (flat). Do I require a deposit for a mortgage or does my discount act as a deposit - also would I be able to borrow more than the discounted price for home improvements?
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International mortgage advice
Hi, I have recently moved offshore from the Channel Islands and previously was a UK resident. I am wanting to buy a flat in the UK on a residential or buy-to-let basis. I do not plan on living in the flat initially but would be wanting to live in it within the next 12 to 24 months. I bank with HSBC and have a healthy…
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Help please-self employed & mortgage
Hi all, newbie here so be gentle! I will try to explain position as clear as possible in the hope that some knowledgable people will be able to give some advice. My husband has been self employed for the last 4 years & his Net profit is £20k per annum. I am currently looking for part time employment since our child has…
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Repayments - Do i paid extra when moving employers?
Im switching employers next month but i need some MSE help out in terms of my mortgage payments. With my current employer im paid on the 15th and i originally set up my mortgate payment to go out then With this new employer they pay on the 30th. So for the first month i make my repayment on the 15th, then get paid on the…
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Buy to let or not
Hi Everyone I currently have a mortgage on a property valued at around £115k, with £97k left to pay. I am about to start renting the property out and will then be renting somewhere else with my partner. What I would like to do is a) reduce the mortgage payments on the property b) be in a position where my partner and I…
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Threatened with debt collection agency but..
we pay!! Can anyone offer advice please? My husband took out a mortgage in approx 1987 with his previous wife, but the property was repossessed when they split. The debt is now managed by Mortgage Express. Ever since their split he has paid a regular monthly amount, agreed by them, towards his half of the outstanding debt.…
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My mortgage
Hi, i recently bought a mortgage from Nationwide and my 2 year fixed term is nearly up (august). would it be best to re-arrange another fixed term with the bank or risk going onto a variable rate? also when would be the best time to speak to the bank about this?? many thanks :)
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Halifax 'home owner rate' and 'halifax svr'
hi all, whats the difference in these two rates. im currently on the SVR and want to find a deal to get off it as its going up to 3.99%....but i would like to know the dirrence between these 2 ..would it influence my decision when looking at new deals...anyone know?
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Mortgage Article Writers Wanted
Calling out to mortgage advisors and finance experts. I am looking for authors to contribute to our news site. PM for details. Your articles must be topical and debate current news issues. In return we will provide a link back to your Twitter or Webpage which will create a flow of traffic. Many Thanks. :money:
