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Remortgaging question- residential to buy to let
Hi all I'm trying to convert my residential mortgage to buy to let. I was going to go for Consent to Lease with halifax but their rates are high. I have LTV of around 68%. I was wondering how long it normally takes to remortgage. I see a lot of banks are offering free legal and valuation but I'm thinking that using their…
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Race to get the survey done!
Hi Folks, I’m trying to buy my first house. We saw a property in London and made an offer.The estate agent tells me that another buyer has also made a similar offer and whoever gets the survey done first, has the carrot, as it were. Now I am quite new in this field and got a mortgage inprincipal from HSBC few weeks, this…
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Hi. Paying some one else mortgage adivce!
Hi there, Basically my mother in law died two years ago and she was the main worker with her and her husband. After she died me and my husband moved in (his father moved out) and we started paying the mortgage so we wouldnt loose the house. (It is a big house and his sisters live in a converted garage). The trouble is the…
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mortgage payments not reduce
Hi not sure if this is the right place to ask for help and advice but here goes, my mortgage company mortgage express didn’t reduce my monthly payment when the interest rates fell several years ago. After trying to find some answers on the internet about why this would happen I came across the article about halifax having…
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Mortgage Application Panic!!
Hi All, I am a first time buyer so obviously have never applied for a mortgage before. The process has been fairly simple for me because a financial advice company has been looking after it for me. Although it has been dragging on for about 6 weeks there have been no snags and it looked like I would be getting final…
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New Build Mortgage
Hi All. I called NatWest today to get an AIP before I start looking properly at houses. They will lend me 290k on a 10% deposit and 317k on a 15% deposit, I know the AIP is not any sort of commitment on their part. I have looked at a new build house where the list price is 209k, however NatWest said they will only provide…
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Mortgage overpayments and interest calculated
I put this on a differ forum, but didn't quite get the answer I to the Questions I asked, not to worry, I'll ask here as its a mortgage forum. Went to see the mortgage people at the weekend to see if we can get a better deal. We cant - negative equity. Never mind. But we have been paying £100 a month extra for about 15…
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re-valuation of flat
Good morning My question is, has anyone had a revaluation by your current provider when taking out a new product and in your experience has it been worth it? ie. has the valuation fee been worth paying against the risk that you may get the same result back making it a waste of money? Thanks
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possession order help
My mortgage holder got a possession order issued on my flat last year. I have since paid off the full outstanding balance but they still have the possession order, so every time they don't receive payment by the 12th of the month (this is because I get paid at the end of the month so I cant pay till then), they send me a…
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Mortgages for the Self Employed
Just something I'd like to get off my chest. I think it's great that the Government have schemes in place to help first time buyers get on the property ladder. But, is it just me, or do others want to know when something is going to be done to help the rest of us ! My husband has to work away from home six days a week as…
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trust online
Hey guys, Ive just done a search on myself to just get definite proof i only have the one ccj on trust online and i entered my current address and details and it came back clear... Do i realy have to pay 4 quid or ten quid a shot for a full check on EVERY address ive lived at?? because im sure the ccj should be there!
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Can mortgage offer be withdrawn before completion if applied for loan ??
Got my answer!!!!
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Please help FTB mortgage declined
Please help I am tearing my hair out with worry!! 2 weeks ago we had an in branch appointment at Yorkshire Building Society and agree on a really good deal for a 90% LTV FTB package. The lady went htroug all our bank statements, wage slips and did the credit search whci we came back as "super pass". At this stage we were…
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Nationwide mortgage app
Hi, Any advice would be very much appreciated. Going through a broker I was given an AIP, which I know to some is meaningless. Anyhow going through the process the bank have my pay slips, bank statements etc. They are now looking for an employers reference and letting agents reference. The letting agent will come back and…
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FTB query about mortgage process
Hello there. FTB currently still in deposit saving mode, about 3/4 of the way there. Ok, can someone explain this system to me please? In my head, before looking into how it all works, I always assumed that the process of getting a mortgage was something along the lines of: 1. Apply for and receive mortgage offer from bank…
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First Remortgage on Shared Owenership - How soon to shop?
My current 3yr mortgage deal on my Shared Ownership Property is due to end on 31/07. How soon can I start talking to people about a new deal? Been having a shop around online but I know I need to speak to people due to the shared ownership factor. The flat is now over 3 years old so I don't think that this counts as a new…
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APS mortgages - what solicitors did they use?
Hi I'm desperately trying to find out the name of the solicitors who worked with APS mortgages. I have been mis-sold PPI on my mortgage and can't continue with my claim until i know the name of the solicitors involved. PLEASE can anyone help me?? Thanks
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Very short term and easy access ?
Advice required please. The situation is this. I have sold my property and the date of completion is going to be before I complete on my new property. My "friendly" solicitor said the equity i have nearly £100k, which will be used for my new purchase, could sit with them until I complete on the new house. What a chancer !…
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Let to Buy? What's the catch?
I've just spoken to a financial advisor about Let To Buy, which I'd never heard of before. So basically, he tells me I can carry on letting out my flat and release teh equity to buy a new place closer to work. Sounds great so - what's the catch? The main thing I cvan think of is just being liable for 2 mortgages in teh…
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Quickie question
Abbey have agreed a mortgage subject to valuation but I'm unable to go ahead at this time due to my useless, rotten lying buyer (bitter? me?). If I reapplied in a few months time, I will be on maternity leave (very little difference in pay to my part time wage) and will have 1 extra dependent. How much difference will this…
