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Stupid question about mortgages
Two years ago myself and my mother applied for a mortgage so i could get my first house. we were approved for an amount of £131k, now i bought a house for £61k and now i'm wanting to move to a bigger one. so here's the stupid question does the mortgage transfer to another house? say for instance the next house i wanted was…
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Mortgage offer expiring
Hi, We are in the process of buying a property, as a first time buyer we have made an offer and the offer has been accepted but it has taken a while for the everything to go through and yesterday we got a letter from the solicitors to say that our mortgage offer is expiring at the end of this month and the bank wont extend…
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Wise words of advice wanted for ignorant fool!
Hi I've got a one bed flat which I still owe £21, 745 on. Got 2.99% fixed rate deal with FD which expires in November. If I sold my flat now I reckon (conservatively) it would fetch £69,000. Kind of flat I'd like to move to (in more convenient part of city) has got an offer of £86,000 on it currently. Qu 1: i've never sold…
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Remortgage & valuation advice
Dear all we are trying to arrange a remortgage on our current house. However, we are half way through an extension and the place looks a bit unkempt! When I spoke to Mort Adv in local branch Halifax he warned me that a valuer might give a valuation less than my perceived price due to this fact. Does anyone know which…
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first time buyers mortgage
hi me and my partner are looking for a first time mortgage the flat we live in has been reposessed and it being sold at a knock-down price of £50000 we pay our rent but the landlord diddnt pay their mortgage we have a 10% deposit my partner earns £14000pa before tax and I earn £5000 what would the best mortgage be for us…
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Deposit
I am about to sell my car and get a company car. My car is worth roughly £13.5k and will go towards a house deposit in the next 6 - 12 months. Would I need to provide anything to the mortgage provider once we start to go through the application process to prove where the money has come from as it would probably come into…
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Want to sell my share of house to ex
I hope I've posted this in the correct place, apologies if not. My problem is that my name is on the the deeds of my old house where my abusive ex still lives. He's adamant he won't sell the house and give me my share and I've let him have his own way for the last 4 years because our 18 year old daughter still lives with…
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Desperate for some advice on my mortgage situation
Dear all, I am turning to this forum in sheer desperation and frustration at my financial situation. I have racked my brains out thinking about it, and would be grateful to know if anyone has been in a similar situation / or has any suggestions. :j I bought a new-build dream house in Rotherham in 2006 (just before the big…
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repossession debt repayment Lloyds TSB, help please!!
Was wondering if anyone can please give me some direction with Lloyds TSB (c&g mortgage)in relation to my mortgage shortfall debt. Long story but will try to be brief....Had a house with ex purchased joint mortgage in 2004 (£77k), moved out 2006. He wanted to keep house and completely refused to co-operate with any kind of…
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Settled Default and Mortgage Application
Posted this over in the debt-free threads, but got directed here instead - is anyone able to offer me any advice? I have a settled default from January 2007 against a previous address (moved 3 times since then). I have no other defaults on my credit file and all my current credit accounts are running well, with no missed…
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Mis sold endowment?
Hi In 1995, I wanted to do a small savings plan for my son so he'd have enough money to buy a car around his 18th birthday. Well, the plan does have enough to buy him a car, but as a new driver the insurance is a different matter, being many times what it was in 1995! Anyway, that's a little beside the point. At the time I…
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keyworker mortgage nightmare!
Hello I am new to this site and forum so bear with me! I am very stressed at the moment because I feel stuck in the property I am living in and it's getting a bit small with a toddler, partner, cat and only one bedroom. I bought my conversion flat in 2007 on a keyworker loan scheme (I am a teacher) through Tower Homes in…
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Applying for mortgage from a new/temporary address
Hi, We have just exchanged on our sale and will complete next week. As we did not manage to find somewhere suitable to buy, we decided to live with relatives for a short while. Sods law that after exchanging, we found somewhere and got an offer accepted. We are now starting the mortgage application process for the new…
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first time buyer - any possibility of securing a mortgage?
Hi all, I'm currently searching for a new rental property but I'm coming up short and want to see if I can work out if a mortgage was a possibility. I currently do not have a deposit available however there is the following, Excellent credit rating 27k per annum salary £750-800 p/m available for mortgage payments Secure…
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Help..cant get remortgage any more ??
I have been happily paying my mortgage for 15 years without issue, i can currently over pay comfortably and the time has come to again to change product, my current lenders rates are quite good but i found some even better rates from the yorkshire bank but they can only offer me 52,000, i went into four other banks and the…
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Renting out my mortgaged house
I have very recently bought a house with a mortgage from Leeds Building Society. I now need to move to a different area of the country so instead of selling again I would like to rent out my house. Does anyone have experience of changing from a regular mortgage to a buy to let with the Leeds. Or maybe they just give…
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Self-employed accounts
Hi, I wonder if anyone can help.. If someone is self-employed (sole trader) and does their own accounts (or employs a bookkeeper), is this acceptable when trying to obtain a mortgage? I have noticed that some mortgage providers ask for accounts to be prepared by accountants. Thanks
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Nationwide 'Save to buy' 5%
So i popped into Nationwide last week to deposit some cash into my savings account, the cashier asked what i was saving for? a Mortgage. She advised me to open a 'Save to buy' account, and after the minimum term (6 months) and subject to meeting the full criteria, i would be eligible for a 5% mortgage.. which is exactly…
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Calculate annual interest on a mortgage
Any help on this please as I should know this repayment mortgage Balance £60'000 Rate 5.59% Term 5 years
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Late Utility Bill Payments affect Mortgage?
As some of you may know, I'm currently trying to sort my credit file out so that when my default drops off my file in October we can buy our first house. I've just received my Experian Credit Report in the post and it shows alot more info than Equfax does and I'm concerned about a few things on there. Unbeknown to me, I…
