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Possibility of getting a mortgage?
Hi, not sure if this is the right place for this query, but here goes..... My friend's OH has left her. She has 2 school-age children. She only has a part time job, for 5 hours a weeks associated with school (as she has nobody to look after the kids during school holidays). She is currently (in addition to her wages)…
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Self employed mortgages
I am self employed and have been for one year. I wonder if its possible to get a small mortgage on my wage, and after just two years of accounts. Because I was still claiming benefits during eight months of my first years accounts (all above board! I was a 'work trial' scheme) I could only earn £90/week from my self…
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First Direct Mortgage - Help Urgently Required!
Hi - hoping someone may be able to advise... My husband and I are first time buyers. We have found a house we like and have made an offer that has been accepted. A few weeks ago my husband made a mortgage application to First Direct and was accepted. At the time we hadn't found a property and had planned to get a mortgage…
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Mortgage payed off early but.....
Hi, I am looking for some advice for my mum and dad. They paid their mortgage off last Saturday. My dad had contacted nationwide, and asked them for an early settlement figure for the mortgage. They got it, and then went into the branch on Saturday and asked to pay off their mortgage. Less than a week had passed since they…
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Mortgage lender does not allow to change repayment to intrest only
Hello my Mortgage lender does not allow to change repayment to intrest only, it is part of northernRock, we have been on a fixed rate for 5 years until now, and now we want to pay intrest only, but we were told they can not change it? is there is a way around?
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NRAM Overpayments query?
I recently had to change the account details I paid my mortgage to, from a Direct Debit to a Standing Order, does this mean I need to change the details for when I make an Overpayment to the new details?
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Getting a mortgage after an IVA?
Hi all I entered into my IVA in Dec 2005 and received my Certificate of Completion in Feb 2011. Since then me and my wife have managed to scrape together £15000 as a deposit for a house (we have been renting for 7 years) and a desperate to move and purchase our own home. She has never had a problem obtaining credit and has…
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very urgent help needed
I have a mortgage with Wave lending £19k still to pay over 3 years , I am very persistently getting very abrupt phone calls from them more or less telling me to move my mortgage elsewhere and they will knock 2.5k off my loan , I have said no , but they will not take that for an answer , since when did loan companies try to…
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any one got consent to let from Natwest who can confirm the following
My consent to let has been approved and waiting for the hard copy in the post. The lady on the phone from Natwest said the consent will be valid for the lifetime of the mortgage until i move back into my place and I'll continue to make the repayment as my current deal stands (residential 2yr tracker). Can anyone confirm…
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Mortgage without Life (Term) assurance.
My partner & I are thinking of borrowing around £20-30k to move up to a house costing around £130-140k, the balance coming from equity & savings. We both have good credit ratings (a lot more savings than debt), are both around 50, and are thinking of a 10 to 15 year mortgage, or else personal loan if too small to mortgage?…
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is tax payable on gifted deposit?
Hi i was just looking for some advice, we had a 5% deposit saved up, but to get a better rate my nan has given us a further 5% (£7,500). My question is will she or i be liable to pay any tax on this?! Any advice would be most appriciated! :)
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Decision in Principle - Nationwide.. help
hi, please help. i am a first time buyer and recently my partner and I received a decision in principle from nationwide after a credit check. however after talking to an independent adviser he recommended a cheaper rate with Woolwich as we have a 20% deposit - he applied for us and we were denied due to a credit check (…
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Was I given the correct mortgage deal?
Hi, just wondering if my bank acted correctly with regards to the following: My mortgage is split into 3 accounts. Currently I have a 0.75% above base rate tracker for 2 accounts of my mortgage and the banks SVR of 4.24% for account 3. Account 1 was originally a 5 year fix rate of 3.99% (I think) reverting to the tracker…
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Mortgage Arrears Charges
I am currently paying £100 extra per month to reduce my mortgage arrears I have just find out I am paying £35 per month charges on these arrears Is it possible for me me to challenge these and reclaim them? if so are there any templates I can adapt and use accordingly please? Thanks in advance
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MSE News: HSBC U-turn could prevent mortgage delays
This is the discussion thread for the following MSE News Story: "HSBC will reverse a controversial decision to only allow its solicitors to act on its behalf in mortgage applications ..." Read the full story: HSBC U-turn could prevent mortgage delays
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Easy Lenders
Hi All First post here so apologies if this has already been covered. I am looking to buy a flat but have a relatively low income (£16,000). The flat I want is only £56,000 and I have a £7,000 deposit plus the money for legals, etc. I have no bad credit history, just a low score (750 on credit expert). No missed payments…
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Fixed rate mortgage ending
I've had a letter today to advise me that my fixed rate mortgage ends next month...if I don't do anything I'll then be paying a new rate of 2.50% (am currently paying 4.99%). This means that my monthly payments will decrease. The letter stipulates that once I go onto the new interst rate I can then repay any amount at any…
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Another mortgage overpayment thread
today i called my mortgage provider Britannia to enquire about overpayments. The man on the phone said i can over pay 10% of last years remaining balance... fine as i was only planning on over paying £100 per month. He said the only way to do this is to post a cheque with a covering letter each time i wish to over pay. He…
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Have Halifax miscalculated my Mortgage and what should I do after the fixed rate ends
Hi All, I bought a house last year on a 2 year fixed rate mortgage and I just had my first annual summary. I had a look through and it does not make full sense to me. Basically my yearly statement shows the balance I have paid and at the end of the year it shows the interest to be added to the account. However if I work…
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Cancelling mortgage application
My wife and I are looking to buy a house and were speaking to a mortgage broker at an estate agent. We had a house lined up and were in a bit of a hurry so, on Saturday afternoon, we had an AIP and signed to apply for the mortga ge. We then had a bit of a worry about the fact we might not have got the best deal (the broker…
