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Fee for Selling
Could any one give an estimate for solicitors fees for just for selling a house in Wales?
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Loan vs credit card balance when applying for mortgage
I will be applying for a first mortgage later this year and currently have 25k of credit card balance, so part of the deposit is effectively 'borrowed'. But if this is fully paid off, the total deposit from me and partner would reduce and give us a a worse LTV. Payments on the debt are very manageable and I would prefer to…
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Woolwich application
Hi Through a broker we have applied for a mortgage with the Woolwich. There are two searches on my credit file by them and have had a message to say valuation booked for next week. I am just wondering is a valuation only booked if app looks okay so far taking into consideration the credit searches? Or is it always done…
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Turning my rent into a mortgage
We live in London and pay £1250 a month in rent. Given the competition in the local rental market, this is likely to rise every year. Would we be better off paying this into a mortgage instead - and could we? We own a buy-to-let property in the same area which we paid £270k for, with a mortgage of £178k so we have some…
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Quick remortgage question
Just a quick question, I think- 2 years ago I bought a house for £220k. The house needed major reburbishment (new bathroom, kitchen, rewiring, new central heating system, replastering etc) at a total cost of about £30k. Similar (identical sized) houses have recently (in the last 2 - 6 months) sold at the 265k mark in my…
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Mortgage concern.
Evening Folks, Myself and my Partner have recently applied for a mortgage. Prior to this i paid off 2k which was on my credit card. However, there is a possibility that my credit report has not been updated since. Hence i am concerned that the lender will presume i have lied as i stated within my application that i have no…
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To overpay or not
Hi all. I am planning in putting my house on the market soon, get a new joint mortgage in order to purchase a newer and more expensive house. I have worked out how much I can afford for my new monthly payment and have an Aip from HSBC to show they may lend me that amount. This will be around £950 Current monthly payment is…
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KMS Independent Mortgage Advisers
Can anyone tell me if there is a way of checking out an adviser? I have had dealings with KMS in New Malden Surrey and I do not feel confident with their practices however I am too far into the house selling/buying process to go else where. Any advice would be appreciated.
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Halifax contracted hours and applying for a mortgage
Went into halifax to ask about some of their savings accounts as we are looking to buy a house in 15-24 months. I told him our incomes etc etc, Now i work 31 hours every week, however my contract is only 20 hours. Will halifax take the hours I actually work or just my contract and then maybe add a little for working more?…
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Little help and advice needed
I currently have a self cert joint mortgage with my partner. We took this mortgage out about 7 years ago and was only allowed to have the mortgage set at 7 years due to my partner will be 65 when the mortgage ends. So we took out the mortgage for the house we lived in now 7 years and it was a interest only has we did plan…
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Selling House/Moving up the Ladder
Hello All, I'm looking for some advice please. I have a mortgage with HSBC which is fixed until Dec 2012, in my name, for 75k. My property has now been valued at 100k or thereabouts and we are contemplating selling up, as we do need more room now I have moved in with my Fiance. So, if we tread cautiously and say we sell…
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Temporary employment & mortgage?
We're first time buyers and are confused about whether we would qualify for a mortgage at the moment or not. We could afford the repayments, but not sure if we'd get one in the first place. The house we're looking at is £180,000 and we have a £20,000 deposit. My partners income is £32,000 per year. I usually earn a similar…
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Refused for Former Sins :(
Hi there, Just courting some casual advice really as regards my current situation - some of the key facts stated below. - I currently have a small mortgage on a property (I was fortunate enough to inherit some money in 2008). The current outstanding mortgage is with the C&G, and I have £43000 outstanding against a property…
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Confused ftb
Hi, Have been reading the forums for a while now hoping to clear up some of the confusion associated with buying for the first time. My question relates to the feasibility of me getting a mortgage where I am looking the average 1 bed flat is 150,000 I have 10% deposit + fees saved. A good credit rating I think with the…
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Problem with mortgage application and financial advisor
I have a query relating to a mortgage application I have made and the way my partner and I have been treated regarding our financial advisor. On Tuesday this week we discovered our financial advisor has left the company with immediate effect. I only spoke to him last Wednesday where he gave me an update on the application.…
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FTB ready to start looking at , help needed...
Hi, So the situation is we are ready to start looking at houses after reaching our savings target. I have been following the forums for a few months now and still cant get my head around the "correct" order to do things. Do I need an AIP when looking at houses? I had one done around 7 months ago but it has expired (bit…
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Northern Rock affordability calculator accuracy?
Hi - Ive spent some time today on the different banks websites putting figures into there 'what we may lend you' calculators, on the Northern Rock one it asks more questions than most of the others asking you to be more specific with living costs etc but the figure it states they 'may' be able to lend me is actually x5 my…
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Mortgage rejected: Appeal - Halifax
Afternoon All, I'm 25 YO, earning £31.1k a yea as a risk analyst. I have a £10k deposit for a £93500 house and i'm struggling to get a mortgage. My credit history is fine, i have never defaulted on a payment and have proved via Credit Cards and other commitments i can pay off credit. My initial mortgage from first direct…
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Do I need a Buy to Let mortgage?
Hello everyone, I've just had an offer accepted on a property after a search of over a year! The property is in a good location and is especially popular with students. Properties in the street attract monthly rents of around £1400pm. As a first time buyer I'm currently living in rented accommodation and I'm lucky enough…
