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Chelsea BS
Hi, Ive applied for a mortgage with Chelsea BS with a small LTV and good credit score. Has anyone recently applied with these guys? How long did the process take? Thanks
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Transferring equity without a solicitor????
Hi there, Ive a simple case of needing my mortgage to be just in my name. The Ex (wasnt married) has moved on and wants his own mortgage, I can afford to pay the current one on my own, my lender has agreed this. Do I need to get a solicitor involved? Its below the £125000 threshold for stamp duty tax so although I do have…
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Redundant but want to move house
Hi I currently have a fixed rate mortgage with Santander but would like to move house. I was recently made redundant but have an income protection insurance policy, so paying the current mortgage is not a problem. I don't want to borrow any more money, just move my current mortgage onto another property - do you think it…
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What will banks want to see??
Going for a mortgage soon, we already have a BTL mortgage on a property we let out as a holiday let. I have done all the paperwork myself for this over the last 3 years and submitted Self assessment forms to HMRC. I have all my figures and paperwork in a fairly simple way and have receipts etc for all allowable expenses.…
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First direct Offset mortgage help.
On the FD website it says basicaly... "First direct Offset Mortgages are interest only mortgages. You must demonstrate that you have a suitable repayment vehicle in place. You may choose to use an endowment policy or another investment or savings plan." I like the idea of an offset and would typically pay monthly over and…
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Business Run From Home..Mortgage ?
Hi all could someone give me a bit of help please, we are interested in buying a property with a small cafe at the front, i have spoken to our mortgage lender who would lend us what we need & let us port our exsisiting product over... but they do not lend if a business is run from the property. So ive been trying to figure…
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FTB rates advice please
Hi, Just looking for some quick advice really. Me and my partner are looking at houses around the 125K mark and have a 15% depoist saved up. I earn 24k and my partner earns 35K plus a bonus every year. We have no real debts other than one credit card which is paid on time each month. We visited a broker and the best offer…
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help please!
Hi, my husband and i want to buy a house. we both have good jobs, combined in come of 59k+. we are currently renting but own a property which is mortgaged with consent to let (worth approx 105k, mortgage 89.6k, let since oct). We have only been on electoral register at rental address since march 2012 and this is only…
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Negative Equity
Hi Is there anywhere I can go to find out more information concerning selling and negative equity. My BF has an apartment at negative equity of approx £30,000. He wants to sell. What are his options? He was told that he could apply to the bank to ask that they reduce the amount he will owe them. Has anyone heard of schemes…
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Clueless FTB - Variable Mortgage
I have a really stupid question I was hoping someone might be able to help with. If I was to go for a variable mortgage of say 4% tomorrow, whats to stop the lender from putting this upto 10% next week? Thanks.
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Joint Mortgage My Rights
My Fiance, has a flat with her ex boyfriend which is currently mortgaged with a 110% Northern Rock Mortgage, which is made up of an unsecured loan and the mortgage itself. The flat is currently rented out. Her ex wants to sell the flat as he has come into some money. My Fiance hasnt got the finances to pay off the…
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derbyshire building society
does anyone know the head office for derbyshire building society, it used to be in duffield, but im not sure if it still is or whether its been taken over by nationwide, thanks
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I want to buy a house, but can I?!!
This is my current situation... owe 60k on a house that I let for 400pm (house is worth about 70k max) owe 5k on an overdraft owe 5k on a credit card owe 5k on a car loan Have an apartment that I let for 425pm (worth approx 85k - no mortgage) my income from employment is approx 31k per year. I want to buy a house that is…
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Sub Prime Mortgage
Hi All I hoping someone can point me in the right direction. I own my home outrightbut it is in dire need of urgent repairs as it’s over 100 years old. I tried toget a mortgage 2 years ago and basically got told no one would touch by numerousbrokers because of my credit rating. I am currently 14,000 in debt and have oneCCJ…
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Mortgage Query
I have some questions which I was hoping someone might be able to help me with. Age: 36 Circumstances: Single and living with parents (FTB). Credit History: Very Good (always had a credit card and paid off in full every month). Never missed a payment and don't owe any money. Deposit: £45,000 (plus £3000 towards fees etc).…
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HSBC Lifetime Tracker Special Fee Free
I am currently on a Halifax fixed rate (5.79%) until October 1 2012. Based on the last mortgage statement (October 2011) the ERC is £770 for changing then so about £64.17 per month remaining plus whatever fee they charge for the exit - I think the one for the previous Halifax mortgage was £95. Since Halifax have increased…
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Buying the freehold of a property
Hi, Just a quick question that I can't find the answer to by doing a quick search... We're looking at buying a flat leasehold for £250k, but want to buy the freehold too (for a number of reasons), but the question is can we pay the vendor for the freehold separate to the property, so not going over the stamp duty threshold…
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Porting our Mortgage with Northern Rock
Hi all, We want to sell our house to move to another but want to port our mortgage to the new house. I contacted Northern Rock (NRAM) to discuss and they said someone would need to ring back. I have just taken the call and given them all the details and they have said that in principal they would port the mortgage over but…
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Will we be able to get a mortgage?
Even though we have seen a mortgage broker I am still really concerned about getting a mortgage, details: We both have good credit (Experian state its good) but we have both got debt. I have £7k left on credit cards but both on interest free and paying way over the minimum and I earn 30k a year. My partner has £4k on…
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Leasehold issues
Hi, my new partner has a leasehold property where the lease is now at 68 years. Shes been quoted a figure which she cannot simply afford, therefore is stuck in the situation of the lease continuing to expire and the amount to buy an extension increasing. Are there any real options available to her to try and sort things…
