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Misspelt name on Abbey mortgage offer
Good Afternoon, I'm just wondering if anyone can offer me advice, or has gone through the situation below? We're due to move next Friday into our new home (new build), but have managed to have problems now. Our solicitor faxed Abbey on the 9th of May to request funds for our mortgage, but he rang them today to confirm the…
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Revaluation problems
I regularly look at this board and am very grateful for all the advice. Please be gentle as I rarely post! My two year fixed-rate deal ends in July this year. I'd like to move onto a new deal in the 75 % LTV bracket. To do this, I'd need to overpay my mortgage. No problem. However, I rang my lender (would rather not name…
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Reassurance needed please. :) Mortgage application
I'm in the process of remortgaging my house to First Direct, as my existing mortgage is getting to the end of its fixed period. The deal I applied with with FD was a Lifetime Offset tracker mortgage, at BOE BR + 2.29%. I have now seen that this deal has been removed from their website. The mortgage offer is not quite…
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Santander mortgage application
We are awaiting a decision on a mortgage application with Santader, are their current problems goimg to cause us to try elsewhere.
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Post office mortgage rates for existing customers
I am an existing Post Office (Bank of Ireland) customer. My introductory rate is coming to an end and the Post Office is offering some fantastic deals for remortgages. When I contacted them I was told these deals are only for new customers. The deals they could offer me as an existing customer were more expensive than I…
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mortgages
does it cost to change your mortgage lender?:o
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Mortgage for elderly mother
Hoping someone can advise here. My mum and my older sister share a home which my dad took out an equity release on a few years ago before he died. At one point we were thinking mum would downsize and pay off the equity release, but she can't bring herself now to leave the family home. In the mean time the equity release…
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Advice pls on buying house with ex name on mortgage
Hi I am in the process of seperating from my husband. I have 40 - 45,000 to out down as a deposit on a 2 bed house, which around here would be about 120,000 - 130,000. I earn a decent wage but have a poor credit history. I would have no debts as I would be using 30,000 of the equity to pay them off. Whats the chance of me…
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Gardening Leave & Applying for a mortgage
Hi apologies if this seems a little rushed - but I have to make a decision on this today to my employers. I am being made redundant on 30th Sept. My husband and I are looking to buy a house in the summer (new mortgage) and may need to relocate now. I have been offered PILON - and can leave at the end of June and paid PILON…
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Should I notify the lender about coming addition to the family?
Hello Guys, I would like your view on the following please. Me and my wife are FTB's and in the early stage of obtaining a mortgage. We had meetings with couple of High street banks already, just to evaluate our chances. It will be joint FTB application. We are employed at the moment, so the lenders are taking into account…
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Overpaying - shorter term or lower payments?
Hi all I am not planning on staying in the current property for the full 25 year term - am probably looking at a max of 2-3 years before I upgrade. So, given this scenario, does it really matter whether my OP reduces the term or the monthly balance?
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Recommend me a mortgage highstreet lender
Ok so please i have done an search here and spent a while trying to find a post that points out the good the bad and the ugly in mortgage lending. I am looking for a £100,000 mortgage from a highstreet lender , first time buyer , £70,000 deposit , good credit history but also a bank i can start saving with and build a…
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Will my bad credit rating affect my mums ability to get a mortgage?
Looking for some advice. I have been in a debt management plan for nearly 2 years now. My property is a joint mortgage between me and my mum (for the last 4 years) although she doesn't live here and I am responsible for payment etc. I am currently planning on selling my house and using some of the profit to pay my debts…
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First Time Buyer advice
Hello, I am 38 years old and for the first time in my life I am really trying to work out how I can get a mortgage. I would appreciate some opinions on my options please. Some Facts Applicants : Just me Income : 42,500 Gross Debts : 4100 CC, 740 overdraft (750 limit) Rent : 850pm Savings: 0 I have around £750 per month…
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HSBC Mortgage Declined - Self employed
I have recently had a mortgage from HSBC declined because they say they cannot guarantee my long term income because I am self empployed. My situation is that I am looking to release equity on my home to fund the building of a new property. I do not have any mortgage on my property or any other properties, I do not have…
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Mortgage company sent repossession documents to wrong address!
Hi everyone! Not sure if my situation is familiar to any of you or if you can advise or help, but here goes..... I have (or perhaps I should say had) a mortgage for a property that was my former home, which I had to rent out when it wouldn't sell after I left to move in with my now husband. While it was up for sale, I was…
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Mortgage arrears and receiver fees
To cut an extremely long story short I had 3 buy to let mortgages that were in arrears. They were transferred to a receivers but I paid the arrears in full and the appointment was cancelled. Subsequently I have been charged by the Bank (several thousands) in relation to the solicitors fees and this has put me massively in…
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Part commission salary & mortgage application
Hi Myself and my partner have come into some money. It's enough for a 10% deposit on a house. We want to ideally buy the rented property we are in which I think our landlord may be interested in selling to us for about £140k. The difficulty lies with my partner and his salary. He brings home about £2,200 a month (net) but…
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Urgent help required - FTB
I have had an offer on a flat in Cardiff accepted this weekend just gone. I have yet to instruct my solicitor to proceed, or put in the application for the mortgage (but I have had an agreement in principle). I am putting down a 18.9% deposit (mortgage rate I've been offered is 3.79%) - however I have now been offered a…
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5 year fixed mortgage
Hi, I'm looking to remortgage in Nov. Currently have a 3yr fix at 6.2% (don't ask). We have the equivalent of a 30% deposit. The best deal I have seen is with the Post Office at 3.59% for 5 years. I want to fix for 5 years because I definitely think rates will start creeping up next year. has anyone seen any better deals…
