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Deeds & Morgage payments
Hi My sister's ex has not long remorgaged his house for the 3rd time with the same bank so owes quite a bit on it. In error the bank have sent to him the deeds to the house, he seems to think that as he now has the the deeds that he can transfer them into someone else's name, (his sons), I disagree and have said that the…
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Interested in buying a new build property
Hi everyone, I have a question regarding buying a new build property. I recently went to visit a new build in Portland, Dorset (Officers field). These houses are available to buy, but purchasers can not move in until about October/November this year as they are being used by the sailing team for the Olympics. They have…
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Help needed on getting mortgage pls
I have the general tier 1 visa to apply for permanent residency in Jan 2013,i have been in this country for 7 years.I want to apply for mortgage with My patner.What is the possibility of getting a mortgage with 8 months to PR.Or are we better off waiting till after our PR before buying a house.Plus we just have 10% deposit…
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HSBC mortgage rejected
Me & OH have had a mortgage with HSBC for 7 years & wanted to port our current deal to get a new house. It would mean borrowing more money but on affordability we were ok. We needed 90% ltv & have been rejected on OH credit scoring. We have never missed a mortgage payment to HSBC & wondered if we could appeal the decision.…
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Transfer Mortgage?
So, the situation is this... I own a house which my sister lives in. She wants to own the house and I want her to have it, but we want to do it in the cheapest way possible. I have a fixed rate mortgage on the house which comes to an end in August at which time I will transfer on to the standard variable rate. Can I just…
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Off set mortgage ends July but I still have an overdraft.
My off set/tracker mortgage ends in July this year. My problem is I still owe £10K in my reserve(overdraft). This amount needs to be paid off on the date the mortgage finishes. I am considering a couple of options: as my mortgage is with Barclays(Woolwich) I would like to transfer the debt to a barclays platinum 2.9%…
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Acquiring btl mortgage (possible?).
Hi, can anyone advise how difficult it would be for a 70 year old Man to acquire a mortgage for btl bearing in mind he had a ccj in 2007 for £500 which was satisfied. Already has a residential mortgage and 1 btl mortgage. Income is in region of 40,000.
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can i roll a loan into a mortgage
in a nutshell can i roll my current loan into a mortgage when i apply to buy a house to reduce my outgoings, i am also a first time buyer. I have recently changed job to a lesser paid one and have taken a significant pay drop. I am looking to move back to where i grew up. I am looking to get a mortgage on a £40000 to…
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Cashing in an endowment
Hi All I am coming to the end of a 5 year fixed mortgage deal and am re structuring my finances. I am pretty miffed that i have given the bank approx £38K in payments and my capital has only been reduced by £10K which i know is the norm but i dont think its right! Anyway.... I currently have an endowment with the CIS, My…
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Problem with Experian. Help please
A month ago I applied for a mortgage with Britannia. They credit checked me with Experian and it was all ok. The offer came through on Monday last week with completion set for next Friday. My lawyer noticed a glitch on the offer with an address detail. They updated this and the Britannia resubmitted the offer. Well that…
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2nd time buyer & mortgage LTV
Bought our first property last year for £113k with an 85% LTV mortgage. Due to unforseen reasons we want to move start of next year. Will we be likely to get a similar LTV? I've heard that mortgage companies offer a lower LTV for 2nd time buyers. No major change in our financial circumstances, all going to plan andwith a…
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Time line for securing mortgage FTB
After getting our offer on a house accepted we put in a mortgage application to the Nationwide last week. Broker says they have agreed to give us the mortgage pending some additional documents they had asked for and been given on Thursday. How long would it take to get the real nod? Any other posters have recently done…
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Call Credit!
Right, my wife and I are looking at getting a new mortgage, the Building Society we are applying to use Call Credit for their credit references. Anyway, due to issues, I was advised to look into my credit file. I tried to use Call Credit but had to wait for a PIN, so got my report off of Experian, that came back with no…
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3 generations and 1 mortgage
Ive been trying to find a mortgage that will allow 3 generations of a family (grandparents/parents/eldest child + partner) to live together but the house only being in 4 names I.e parents and eldest + partner. Most of the mainstream lenders will only allow 2 borrowers or will not allow a gifted deposit from anyone who will…
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Advice on Aviva endowment please.
Hi all, my mum has a savings endowment with Aviva and she recently asked me to look at it and see if she should surrender it and invest the money elsewhere. It doesn't mature for another 10 years and there is no final bonus guaranteed but the annual policy statement says they "may" pay one, this makes me think they won't…
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Can I get a 2nd mortgage?
We've found a house we want and have the required deposit saved up. Our current mortgage isn't portable so we'll be getting a new one when we move, we're not reliant on the sale of the first property to buy the second. Will a bank or building society actually give us a new mortgage whilst we are still in the first one? I'm…
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Scottish Widows Flexible Endowment
I have a Flexible Endowment plan which is supposed to run for 20 years. i pay £25 a month, and have been for nearly 15 years so have paid in roughly £4500. sum assured is £4940 and has earned bonuses of just over £700. Death benefit includes terminal bonus of just under £1000 (£6600). The surrender value is £4800 Assumed…
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Joint Mortgage Help
Please give me some advice, had a letter this morning and no solicitors around till Tuesday to advise so driving myself mad. My Husband brought his house 6 and half years ago with his x partner. She moved out after cheating on him. We met and fell in love. When I got with him she stopped all payments on mortgage. 6 years…
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Adverse credit file
Daughter is looking to buy a house in her own name. Applied for mortgage in her own name. Has been turned down due to adverse credit record of her partner (he appears on his Equifax file as financial associate) although he is not being included on title deeds or in mortgage application. Is there a way round this?
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mortage shortfall
Hi Ihave 2.5 years left on my mortage £8000 repayment(£200 permont) & £27000 interest only(£98 per month). I hve £16000 to pay of the Interest only which will leave me a short fall of £11000 at the end . I can increase my payments by £200 My question is what are my best options
