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Separation and Second Charge(?) on a New Property
I am involved in a separation and I'm getting wildly conflicting advice about Second Charges. I'm extremely confused and was wondering if anyone could help. Our situation (I've used round numbers to try to keep it clear but they are not that far from the actual numbers): We jointly own a house. I have moved out. He has…
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Re Mortgage, is it a solution?
Hi guys, my first post and im just after some advice without someone trying to sell me something. Basically around october 2010 I set up my own business, whilst still working for another company ( i still have that job) it an events company, it was and is something im passionate about but our first big show hit a few…
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Moving and mortgage -v- renting
My property is mortgaged with 15 years left. Mortgage is around 39k. My house has lots that needs doing to it and I can't afford to do it. So although I know I won't get the 120k I was told about 4 years ago, I hope to get around 75k. I'm thinking of renting rather than getting another mortgage. There's no houses I can…
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Low Income Mortgage
I am looking for a mortgage for £42,500 with a £7,500 deposit. I cant seem to find any lenders who will lend on a small income. My income gross is £10,500. I found the Post Office on moneysupermarket but upon reading the T & Cs the minimum income for mortgages is £20,000. Can anyone advise? I have a good credit reports…
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santander pulling 90% mortgages :(
After getting our AIP a few days ago our broker has informed us that Santander are pulling their 90% mortgages . As the house is a new build we have been told our only option is to find another 5% to make the deposit to 15% overall ? The problem is that the house is not built and has not been released for sale although we…
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Help please, selling house but can't get new mortgage!
Hi there, I need some advice. We put our house in the market a couple of months ago trying to downsized and pay off the debts with the sale. We have now a buyer, they are ready to proceed and we have found a house we like. We put an offer down that has been accepted. My partner is self-employed and we have paid late the…
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First Time Buyer: Proprty Questions
In the process of a first time purchase and have our third viewing where we have been asked to ask lots of questions about the property. Wondering what questions people have asked, wished they had asked, have been advised to ask and so on. Topics I have are things like: Boundry disputes, types and maintenance of boiler,…
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Buy-to-Let with poor credit?
Hi, Im always reading these forums but never really plucked up the courage post but Im wondering if anyone can offer me any advice. I currently own a house with around 50k left on the mortgage and i pay around 550 per month. I cant afford this after a relationship breakdown and am now looking to move away from the…
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Alliance & Leicester Mortgage
Hi I am approaching the end of a fixed deal on my mortgage with A&L and am trying to find out what the SVR is that it will switch to. I seem to be going around in circles on Santander's website so I thought one of you kind people might be able to help :) I know that it used to be higher than the Santander SVR (for some…
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Mortgage rate
We are hoping to buy a house for £178000 with 35% deposit. The best rate given to us by our m.advisor was 4.19% fixed term of 5 yrs , bkng fee of £199, free valuation. Can anyone advice us if this is a good one to go for? Any help is appreciated. Thanks for your time.
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Can I remortgage as a student
. Hello Ive had a mortgage for four years now and the deal is due to end next year but in September I am going to do my nurse training. (I have a wife that works no children). We are concerned that we won’t be able to get a deal because I don’t have a job. Can any one give advice on what to do? Thanks ash
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Have we got any hope?
Me and my husband currently rent our home, and for years we have wanted to buy our own home. We have 3 children and we're aged 35 and 38 so we are now 'getting on a bit' considering mortgages run over 25 years, we are coming to the end of having that amount of career time left. So if we are going to do it it needs to be in…
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Would we be able to downsize
Can you help with our problem here. Hubby bought a 3 storey house before i met and married him. He fell into money troubles and got into arrears with mortgage people, which through an arrangement now we are paying off. Had house for 6 years now, he is now 50 yrs old and will have to work till 70 yrs old to pay it off.…
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secured loan vanished??
I'm currently going through a divorcee and have been having trouble with the ex paying her part of the split debt on time. Basicaaly, she took the house and the mortgage and loan secured against it, I took the personal loan. Initially, she and her new partner kept on top of the bills untill she started getting into arrears…
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Redundancy & Mortgage repayment charges
Hello, Newbie here - wonder if anyone has any advice. My husband has been made redundant today unfortunately. We are looking into repaying our mortgage which is due to run out next year anyway. We have not gone down the route of PPI as the mortgage is nearly finished anyway but need to know if we would be charged penalties…
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If moving but with no mortgage, can you ask to be treated as FTB?
That may be a really stupid question, but when I look at the options for mortgages, none of them really quite fit my scenario. I paid off the mortgage on my little flat some time ago, so whilst I am 'moving house' when I purchase a new property, I have no existing mortgage to move, so presumably that means less hassle for…
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Should I get a credit card? (mortgage related)
I know there is a credit card forum but I feel my query is better off in here seeing as the only reason I'm considering a credit card is in regards to my chances of getting a mortgage. My boyfriend and I have been looking into buying a flat this year, we have a DIP already and around a 10% deposit but we haven't seen…
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Santander Application
Hello should I be worried: The people who are buying our houseI have submitted mortgage application with Santander and they keep asking for more info. E.g. Thier online payslip was not acceptable (something to do with Http address), and because one of them is a nanny they are questioning the length of her contract now,…
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Aviva - Mortgage Endowment Promise is 'not applicable'
Hi, Have been reading the various threads on Aviva Endowments with interest. I'm aware of the problems of endowments and the shortfall woes so switched to a full repayment mortgage in 2005 so this is now purely an investment vehicle with life-cover. I haven't given it much thought until now (just about to move again) and…
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First time buyer with authorised student overdraft.
Hi everyone, Just looking for a little bit of advice. My husband and I have got a meeting booked with a mortgage adviser at the Halifax next month (just after we get back from our Honeymoon :-D ) and I was wondering if having an authorised student overdraft will affect whether we will be granted a mortgage or not? I…
