-
Stuck with mortgage to previous solicitor
Hi, I'm hitting my head against a brick wall with London and Country at the moment. My current solicitor has changed to a new company and they are not "on the panel". I'm told by Nationwide that they need letters from current and new solicitor and a "Material Change Form" from broker. I have spoken with my broker and for…
-
Giving second charge on property to my dad?
Hi All, any help would be greatly appreciated. My dad has very kindly offered to help me and my fiance buy our first house. He is giving us a sum of money towards the deposit and in return would like the second charge on the house. So, if we default on our mortgage or sell it etc, he will get his 20% investment back after…
-
Residential mortgage on buy to let, is it possible?
This is a hypothetical question. Can a couple that do not presently own a property buy a house with the view of renting it out, but buying it with the straightforward residential mortgage? What pros and cons are there in this situation?
-
Offer on house without option to change price
I am a buyer. I put an offer down on a house, and the seller has said that they will accept the offer as long as I commit not to change the offer (price) at any point in the future. Presumably they are scared of guzundering. Does this have any legal basis at all? It seems odd to me. Thanks B
-
Credit Report Help
Just looking for some advice on my husbands credit report. We are looking at remortgaging shortly so have been looking on here for advice and help, and I sent off for our credit reports as many people recommend. Mine is absolutely fine, and my husbands would be apart from an incorrect entry for a credit agreement that was…
-
Two Mortgages - not buy to let
Hi I wonder if anyone could offer me a bit of advice. I have a mortgage just in my name on a property which my father lives in. The mortgage isn't a buy to let, it's essentially a second home mortgage. Obviously the mortgage company know my dad lives there. They also know he pays rent and are fine with that on the…
-
Mortgage lenders wont lend what we need: where to get further capital?
Hi We've seen a house to buy but our mortgage lenders whom we are tied to (we have to port our existing mortgage) will not lend us enough :0( We know we can afford the property as we have spent the last 5 years overpaying £900 a month and never had a problem. However the bank wont lend us over the standard 4x The maths…
-
Large cash inflow expected - remortgage question. FTB
Hi, I am a first time buyer looking to get a mortgage. I can get a 90% LTV mortgage with a rate of 5.49% for two years. By the end of these two years, I am expecting a large cash flow of say 100k. Is it possible to: 1 - Take out the mortgage described above today, for two years 2 - at the end of the two years, a…
-
Early Repayment Fee on Portable mortgage??
Hi all I am ready to complete on sale/purchase of house and my solicitor has got a redemption statement from my mortgage company. My mortgage was portable so I am moving the producto over and keeping the borrowing the same which I thought stopped me from hitting any early redemption fees, however they have charged me £200,…
-
IFA in Bournemouth/Dorset
Hi, Just wondering if anyone can recommend a good independent financial advisor in the Bournemouth area, preferably one that works on commission from the lender as opposed to fee based? Is there any downside to going commission only as opposed to paying them a fee? Thanks
-
Help!!! Endowment problem
Hi I lodged a complaint to the Ombudsman regarding my endowment which I took out in 1997. It was referred to a company who were dealing with complaints for the group it is responsible for, they are called Sesame. I filled out their forms and sent the away. Got a phone call from Sesame, basically they told me that my…
-
95% mortgages - not first time buyer!
Is there such a thing? Does anyone do anything higher than a 90% mortgage?
-
Buy-To-Rent Mortgage Advice Please
I'm looking for a bit of help/advice. Basically I split with girlfriend four years ago and although we have joint mortgage she did not contribute to this and does not wish a claim on property as I gave her a payout at the time. She does however want her details taken off mortgage in order that she can move on with her…
-
Here Are Scottish Amicable endowment results 2012
Sottish Amicable endowments looks like they are paying 6.5% this year as against 11.9% last year with a terminal bonus for 2011 of 41% as agaimst 46% last year i beleive.
-
Early Redemption Charge Issue
Hi, We very recently remortgaged (Dec 2011) as our deal was coming to an end. We managed to get a reasonable fixed rate from Leeds so went ahead and got it agreed to avoid being put on the RBS SVR. With hindsight we should have just taken the hit of the higher RBS rate as we have just managed to sell our house! We now face…
-
Random Mortgage Audit
Please could somebody give me some advice. Myself and my partner have applied for a mortgage with NatWest. Valuation has been carried out and I've been told that valuation came back fine. Myself and my partner have an excellent credit rating. The mortgage application was done through a broker on 6th February and we thought…
-
Homebuy direct remortgage advice
Nearly two years ago I took out a homebuy direct mortgage with natwest. I'm now at the end of my fixed rate period and can look at other options. What has everybody else opted for at the end of their fixed period? What are the best deals out there now for people like me?
-
scottish amicable
scottish amicable results see post 2 below
-
Self Certified mortgage
Some advice please? I am an actress and have been self-employed for 25 years. About 11 years ago I bought a flat with a self-certified mortgage. Stupidly, I sold the flat about 4 years later when I moved in with a new partner- you know how it is; thought it would last but sadly it didn't. What's done is done. Now, I have a…
-
First Time Buyer
Hi all First Time Buyer here currently living with parents. I have a mortgage application currently being processed through FirstBuy (the new government scheme getting first time buyers on the property ladder) Here is where im at.. Me and my partner have paid a reservation fee of £99 for a plot on a new build, Persimmon…
