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Remortgage Advice
Hi Just wondering what my chances are of getting a remortgage and which lender may be the most lenient? Got a fair credit report. House is worth 85000, mortgage outstanding is 48000 and i would like to remortgage for 60000. I work full time and earn 28,000 per year. I salary sacrifice for a car - will this affect my…
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NRAM Payment holiday
Hi We have a mortgage with NRAM (unfortunately!) our original mortgage papwork states that we can apply for one payment holiday every nine months (which we always take) I usually phone up, request it and it's sorted. However, i phoned today and the man asked me all sorts of questions... how much we earn, what it's for, how…
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Mortgage worry's
Hi I received my mortgage offer three weeks ago and should be completing in two weeks. Last week I took out 2400 pounds of finance for three years on furniture but also paid off an existing high interest loan for the same amount that had seven years to run. My mortgage company knew about the original loan so I havent told…
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Mortgage Advice
Hi All I'm wondering if you could offer some advice for my uncle. He has recently split up with his wife, and part of the settlement is that he is buying her out of the house they shared. He has sorted all this out and paid her from his pension (he cannot work due to ill health but had a pension and shares that he could…
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Application accepted but referred....???
Can anyone advise please? Brief history is that husband had a house repossessed 7 years ago before we met and current house is in my name only. We now want to move and I haven't approched current mortgage company (Santander) about putting husband on mortgage and porting current product across even tho is a fab rate of…
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GE Money Changing Their Minds
Hi all, We have found the house of our dreams at a VERY good price and had an AIP with GE at 25% and other options to try, these options have apparently tightened up (defaults satisfied and hit two years, totalling £2k all in all, satisfied) now we have gone to GE they appaently want 30% (doable at a stretch) with fees on…
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arrangement to pay - mortgage application
I have spoken to a mortgage broker as I am trying to get an idea of when I will be able to buy - I hope to buy a flat next year. I have no bad credit history in the past 7 years apart from an Arrangement to Pay on a credit card. I had some financial problems in 2004-6 and was repaying a balance of a credit card £1500 on an…
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First Time Buyer, Joint Mortgage, One on Fixed Term Contract
Hi, My husband and I are thinking of buying a house. We are first time buyers and have been in the country for almost 2 years now. I have been working at a company for more than a year now. Started as temp and have been permanent for 6 months now at a salary of 21500. I have had a new opp for 27K in the same company but…
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First-time Mortgage Credit HELP!!!
Hi All, I wonder if anybody can help? My girlfriend and I will be applying for a mortgage in 3-4 months time for our first house. We have been preparing for this and checked our credit files on Credit Expert. Everything is correct and up to date on our files and they gave us both a score of 999 out of 1000. The only credit…
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help....
:ocan i remove my husband from the title deeds without informing my morgage company..??
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Help I need to remortgage but its impossible?!!
I would really appreciate some advice I am clueless when it comes to mortgages & I really do not know what to do! I have an interest only mortgage with kensington I have had it for 5 years and I still owe what I started with - I would like to remortage with another company to have a repayment mortgage however have no…
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Are second jobs and overtime taken into account for mortgage reasons?
I ask because on my salary I can only get a very limited mortgage. However at my current job I do alot of overtime since I have been there I have been doing 42-49 hours a week as opposed to the contractual 35. Which means by my rekoning I have atleast another £3,000 to add onto my yearly salary. Would this be taken into…
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running out of options...
Hi All This is a bit of a 'feeler' post just to get a few opinions, so hope you don't mind. I'm trying to resolve a joint mortgage with an ex partner, ideal solution would be for him to refinance however possible, which he has agreed to investigate, as long as I will have my solicitor confirm I will pay for the…
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Can I get a mortgage?
Hi I would love some advice before I go to the bank - as I fear I will be laughed at! :o I am self employed I have a low income (under 10,000) and my income equals my expenditure. I have found a house that I want to buy together with my partner, the house is £65,000. We can get £17,000 as a deposit and my parents will be…
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Can I get a 2nd Mortgage with another lender?
We have a mortgage at the moment that was fixed until last year and reverted to variable which is 1.6% above Base Rate, which is excellent. We have around 65% equity in the house. We want to get a mortgage for an extension, that is around half again the current mortgage, so our equity would drop to around 50% against the…
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unmarried couple, two principal residences?
Hi everyone, hopefully someone can shed some light into our situation. I would really like to get an idea if this is even possible before we go and speak with lenders and solicitors. Me and my (unmarried) partner are currently living together but have decided to separate, as our relationship is not working anymore. We have…
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Partner left and wants off mortgage
Hi all, My partner and I have owned our house for nearly 2 and half years - joint mortgage. She has now told me she has been seeing someone else and has left permanently. At the moment she has agreed to pay half the mortgage each month for now because neither of us can afford solicitors and if we sell the house we are…
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Matured Endowment
Just a quick tip, my mortgage endowment with Aviva matured in January this year and a release form is required to be filled in & returned to obtain the funds. This was done with necessary documents and signatures & returned to them. Letter received back yesterday(4 weeks later) requesting all sorts of documents,release…
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bad credit morgage
hi all, i have en away from here for a while ... here is the story me and my partner both full time employed we are currently on a debt plan owe £22,000 and earn £1960 joint pm we pay £123 towards debt plan .. we have no other debts and are looking to buy a home of £95000
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Mortgage Criteria
I dont usually post, so please be lenient with me. I have a theoretical question. We have £22,000 a year in income a deposit of approx £45,000 and would like to buy a property for approx £200,000 before you shout NO NO NO I will explain the reason, we have a set of elderley parents that could move into the annex of this…
