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peempee
Can anybody help with my query? I took out a loan with my husband to buy a business over 10years ago I am sure we were told we had to take out insurance to cover the loan, my husband has since passed away would it be possible for me to pursue this case now with Nat West.p.p.
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Nationwide charging 2k for paperwork!
Hi, I wonder if anyone can help. My sister recently received her annual mortgage statement from Nationwide and discovered two charges of £999. These charges relate to a time when she was considering switching from a variable to fixed rate mortgage. She spoke to Nationwide over the telephone, both times, and they sent her…
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Mortgage-Time To Change??
Hi Never re mortgaged so any advice I can get I would be great full, I just want to get it paid ASAP. We have an £113000 mortgage with the Nat West,its an offset , repayment £622 a month, I over pay when I can but currently we have no savings so the only thing offsetting is my monthly salary £1750 net and £500 that my Oh…
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Negative equity question
Just a quick question - would any lender even consider giving us a re-mortgage with negative equity (which I assume we have as we bought in 2007 and prices have plummeted in our region) or am I going to be wasting my time and effort even trying? We are in our 'forever house' so not moving but the svr we'd go onto is carp…
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first buy/new mortgage
Hi all, Just after some advice. I am purchasing a house as part of the first buy scheme and I will be looking to save up and pay for the interest free equity loan off within 5 years. I have read everything there is to know and I am totally happy with the first buy scheme as it suits my circumstances at present and have no…
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Thinking about an Offset Mortgage
We are currently at the end of what was a bad (hindsight is a wonderful thing) fixed term deal. We have been paying 5.99% for 7 years and are now on a 3.99 Variable Rate. We are thinking of moving to an offset mortgage as our savings are approx the same amount as the remaining mortgage. A few things we have thought of (but…
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Buyer pulls out at last minute
Have just gone through the high emotions of finding our dream family forever home, having surveys done etc which entails 2-3k expenditure ony to hear that our buyer is likely to pull out and am absolutely devestated. I was hoping someone could help answ in some capacity if the following is possible... Current house we live…
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Factoring in interest rate rise
Obviously mortgage rates are going to go up, how quick and how much who knows :money: but when looking at affordability of a mortgage how much would you factor in a rate rise to the point you can't afford it anymore?
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Credit report and arrangements
Just wondered how accounts are looked at on credit reports where an arrangement to pay has been made. Also if this is so, how far back do lenders normally look on these accounts?
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Mortgage newbie - credit and background checks
I've got a deposit on a house (around £80,000, part of a bequest I unexpectedly and tragically received quite recently). I've just applied for a mortgage for the rest (around £150,000). This is a buy-to-let situation to provide me with extra income. Basically I'm a little worried about credit and background checks. I…
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mortgage application and deposit
good evening i have had a offer accepted on a property, i did mention i wouldn't be able to exchange contracts untill after june 1st as my deposit is currently in a sharesave scheme and matures june 1st. this wasn't a problem as there is a chain involved and the vendor and estate agent were happy BUT i will be doing my…
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Exchange of Contracts, deposit & completion date HELP!
Hi all, We've received our hard copy of final mortgage offer today.I emailed my solicitor today to ask 1) Check they'd received the offer, 2) Their final invoice statement and 3) Their bank details for payment. I received a call from the secretary asking me to make an appointment to go in and sign, to which I asked if we…
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Renovation Mortgage
My partner just bought a repossion for £160k three weeks ago for cash. She now is trying to get a mortgage or low interest loan of £40k to completly renovate the house. On completion the house would value at £230k and would rent for c£1100 per month. She earns before tax £60k a year. So far we have one potential from RBS…
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Electoral Roll CRA Update
Hi, My wife and I applied to be on the electoral roll at the beginning of March and have had it confirmed by my LA that my details were updated and sent to the CRA's on Monday (2nd April). Once received how long does it take for the CRA's to update this? I've been searching but most info is either on the period when…
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Looking to remortgage - any help
We have used a financial service before who have done it all for us but now we need to do it ourselves and have no idea where to start. Right we are currently with the Halifax. Have £39,000 outstanding. £29,000 is interest only and £10,000 is repayment. Our rate has gone up to 3.99%. We are not tied into any term with…
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Fixed or Tracker?
Hi, my deal has finished with my bank and so they are putting me on a tracker which today is 4.24%. I can change to another product and the ones I have been offered without fees are: - 2.09% lifetime tracker - 3.29% fixed for 2 years Have opted for the tracker but now am worried I made the wrong choice and thinking it's…
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Looking for advice please re credit status
My husband and I both have really fantastic credit ratings we each earn a good wage, albeit from our own companies. We have never missed payments or been in huge debt. We ahve credit cards which we regularlu pay each month. Our mortgage is around 50% of the value of the house. I have been with the same bank since 1994 etc…
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What should I do......
Hello , quick question to you guys in the know. As a potential first time buyer, I am saving up for a deposit. I currently have personal debt of 25k,( about a quarter of my salary). I am considering borrowing an additional 12k. Will this destroy my chances of getting a mortgage later in the year? I expect it will have an…
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Settle an argument
My partner and I have had the following disagreement since he took out a second mortgage in 1998. It is an interest only mortgage for 45,000 guilders (he's dutch) His point of view He got 45,000. He pays interest only and then when the mortgage is up he will have to pay the full 45,000. Obviously with the euro kicking in…
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Credit Rating
I am applying for a remortgage so that I can switch from my current lender (Direct Line - who no longer do mortgages) but I have a couple of Late Payments listed on my Equifax credit report against my name which actually relate to a disputed Vodafone bill that was run up by my estranged wife. Vodafone have removed the…
