-
Borrowing on card to increase offer on House???
Hi all We have crossposted this question. We have been negotiating on a house that has been on the market for the last 2 years. The house is perfect for us, they want £225000 -£230000 as the agents have told us (we have done research of the local area and last similar house to sell, sold for £210000 last year) we have sold…
-
Do both husband and wife.....
have to be on the mortgage application or can it be put through just on the husbands name? Thanks
-
Mortgage on new property - getting lender to ignore btl?
Hi All, was wondering if you could help me as I am having some sleepless nights worrying about this. Bit of a background, we are putting our flat (which we live in) up to let as we have had no luck selling it. (we are in the process of getting consent to let from our mortgage advisor and have landlord insurance in place…
-
Have we actually exchanged???
Hi guys For any of you that have read any of my previous posts, we have had an absolute horrendous time trying to buy a property. Anyway, the very basics are - its a repossession so we have had lots of bidding wars, stress etc, finally we exchanged yesterday :j Then when I got home from work yesterday, our re-written…
-
Should I stop paying my Endowment?
Have a joint Endowment with Aviva taken out over 25 years to supposedly pay off 42k. We pay Endowments: £82 monthly Life policy's: £22 monthly Just looking at the Endowment part over 25 years we would have paid a total of £24600. When I last looked at the projections for the endowments it seems as though they will pay out…
-
2 year old default just appeared!
Help. On my Experian file a default has just appeared from no where, it has never been showing on Experian before and has just appeared. Will lenders who gave me an AIP reject me now it has appeared or will they have seen it before. How on earth can these just show up? Any help will be greatly appreciated. BB
-
pay off mortgage or put in pension?
Hi I am 36 and have a mortgage of 47k on a tracker for life at 2.19% approx 16 years to run. Now my pension fund is only about 22,000k and not being paid into. Should I over pay my mortgage by £150pm to pay off in about 10 years and save approx 3k in interest or pay into pension fund? Thank you in advance for advice.
-
Will a new job affect my chances of a mortgage?
Hi, I am looking for some advice. I currently earn £15,377 and a job has come up with a salary of £15,250. It is the perfect job for me and I want to apply. The problem is the timing, me and my partner have just found a house we like and had an offer accepted. If I was to get this new job even though it is similar pay, the…
-
remortgaging after retirement with no life insurace/assurance
hi there I have a question (or really, a bunch of them) which is bugging me and hoping someone here may be able to shed light on a rather vague situation! a bit of background: I am a 33yr old woman and have been estranged from my father since the age of 17. I have a younger half sister with whom I have enjoyed a good…
-
consent to lease - extra 1.5%
Having been unable to sell my property 3 years ago I decided to let it out. I was given consent to lease by my mortgage lender. Now, 3 years on, they have told me if I am still letting it out, they will add 1.5% on to the SVR. This is outrageous. I'm sure I have no options but is there anything I can do? Are there any…
-
Woolwich Mortgages Online
Hi all, I have just ported my mortgage over to the Woolwich and wondered if Ihave an online account for the mortgage. I called their CS but was told by one agent that when I log in to myBarclays Online Account I should also be able to see my mortgage but was thentold by another agent that I had no online access to mortgage…
-
What do you make of this quote
Hi I visited my mortgage broker and discussed a mortgage as a first time buyer. After saving hard, myself and my other half have a 30% deposit. We discussed the 5 year fix as being a safe bet. The best quote he could find us was a 3.99% 5 year fixed rate with nationwide and fees of about £1200. He said he was 'whole of…
-
Mortgage Help Cheshire - High Rate of Interest
Hi all, Go easy on me its my first time. A long story short, I bought into the shared ownership fever and bought a house for £172,000 based on my earnings at the time, as my wife did not work, I bought a 40% share £68,800, this was with Cheshire Mortgage Corporation, at the time, I had committed to buy and the market…
-
Increase Mortgage, (even just in theory)
Hi I am a young home owner looking at purchasing a bigger property. We expect to to walk away from our current sale to get a 10% deposit on our new property. We also currently have a tracker (0,5% above base rate) mortgage. Is it possible to keep our mortgage (HSBC) for our new property and extend it to the amount needed…
-
Home Insurance added to Mortgage
Hi, I'm not sure if this thread is in the right area! (I'm a noob!) Anyway, to cut a very long story short, I have found out that my annual Home Insurance payment has been addded to my mortgage for the last 4 years even though I thought I had been paying direct debit for this. This has run up a debt of roughly £1200. I…
-
moving house
We are desprate to move house but both me and my husbands credit ratings are really bad as we are both on a DMP also i no longer work only my husbands works full time now , we both worked full time when we first took out our morgage 10 years ago . We have never defaulted on our morgage always kept up to date . I would like…
-
First time buyers ~ only allowed 16 years ~ Any advice would be great
Hi everyone, i'm hoping for some advice or ideas please. My husband and I are wanting to buy our first home. The problem I have is my husband is 48 years old and I have been told we can have a mortgage for 16 years only. We have a house (new build) in mind what we would like to buy, to which we have 20% deposit. I have…
-
Re-mortgage advice please?
[Original post] I am currently considering re-mortgage. The interest rate at First Direct is very attractive. However, I am not sure if First Direct do re-mortgage with Tier-1 visa holders (without indefinite leave to remain)? [Updating Info] Unfortunately, my currently Tier-1 visa expires in 03/2013. However, there is no…
-
Interest only lifetime mortgage
Looking for some advice. As a recently divorced 63 year old pensioner, I'm looking to downsize and buy a new property. The mortgage on my current house is paid off. I need a maximum 25% interest only mortgage to make up the shortfall. Have read about Lifetime mortgages, which would be perfect. I'm aware that interest only…
-
Remortgaging - panicking about valuation and LTV / interest rate
My fixed rate mortgage with the Halifax is coming to an end. My rate isn’t terrible, but not brilliant, so needless to say I have been looking elsewhere for a new deal. I bought my property in June 2009. It was valued, by 2 separate companies, at £110k, but I paid £105k for it. I don’t really know much about how much the…
