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First time buy to let - light refurb mortgage suggested
Can anybody give me some advice please? I have had an offer accepted on a property (£66K) with a plan to renting it out (rental income approx £425-475 pcm). I have £36K to put down as a deposit and have applied for a buy-to-let mortgage of £30K, through L&C, and they have come up with The Mortgage Works and my application…
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Santander horror stories worrying us ?!
Hi we are in the process of applying for a morgage for a new build house and the on site broker has recommended a santander morgage to us . We have sent all the relevent documents and information and recieved an email today to say we have passed the Santander credit score which we thought was great news until we read the…
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Help woth trying to buy house from divorcing couple !
Hi, I'm a newbie so I hope I'm posting this in the right place ! We have seen a house we absolutely love, have been round 3 times and made an offer. The couple are divorcing. The lady is still living there and is desperate to move and she has accepted our offer. She's gone back to him and he's said for £10K more and you…
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Help please
My husband and I have a mortgage on our current property and we are looking to move from the area to the north west of England, I rang the mortgage company this morning to discuss our options for buying a cheaper house, I was told there is a bankruptcy flag on our account and that they wouldn't be able to help at all.…
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So hardHello,
Hello, our land lady is selling her house that we are currently renting, she has had an estate agent round and was told she could get £125,000 for the house. we would like to buy the house. we got an mortgage adviser and put in a offer for £120,000 this morning. we have the 5% depoist, but now he is saying that there is no…
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Miss-sold an Endowment policy Help Needed??
I took out my first mortgage back in 1999 at the age of 21, I since sold the house in 2003 and paid the mortgage off in full and moved houses and areas I have been getting lots of phone calls recently say sign up with us as you mortgage and endowment policy were missed sold but they all want to charge me a fee for doing…
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Should we exit early and remortgage?
Hi all, I'm just after a bit of friendly advice! My OH and I bought our house, a renovation project, a year ago on a 2-yr fix at 90% LTV. We have invested a further £20k into the reonvation via a fixed-term loan, and work is shortly to be completed. We have extended and added quite a bit of value to the house (we hope!…
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Mortgage term has ended and I dont have 85% LTV
Apologies for this - I have am a novice to all of this...but I need help! In 2004 my wife and I purchased our first house. It was a new build 3 bedroom (3rd v small) semi detached property and was ideal for our then little family. It was £137,500 and my wife and I had saved for 10 years whilst renting in our pre marriage…
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If your mortgage deal...
was due to end in July this year, what deal would you look to get next and for what reasons? (just interested as my deal comes to and end soon and I have no idea what to do next) :)
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HSBC or First Direct?
I am an FTB in waiting with an offer on the table but not yet accepted. The best mortgage rates coming up on the net are trackers with HSBC and First Direct. I have a very good deposit saved, clean credit record, good employment history etc etc, so I should be able to get the best available IRs (2.8%). I know these two…
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Exit Fees for Bank Taken Over
Our Mortgage was with Bank of Ireland but they recently got taken over by Mortgage Works. We were on a fixed but they will be putting up rate soon - no date given. As part of mortgage, we have a loan. On moving mortgage to another bank, we have been told we would not have to pay any fee on Mortgage. However, we have had…
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MSE News: One million face mortgage rate rise
This is the discussion thread for the following MSE News Story: "More than a million home owners will see the cost of their mortgage payments increase from today" Read the full story: One million face mortgage rate rise
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AIP and Full application differences?
I have had an AIP with Santander and now submitted the full application with payslips. They did not ask for bank statements and only asked for one month payslip. I was just wondering how likely is this to go through. Are most of the checks done already with the AIP with Santader? What else will they check at full…
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Natwest Approval time...
Hi Guys Looking for abit of info. I've had a cash offer for my house aswell as a FTB who is looking for a 80% LTV mortgage through Natwest. I know they have an AIP for Natwest. Before I decide which to accept can any mortgage guru advise how strict Natwest are in offering a mortgage and what their current survey to offer…
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Repossession Hearing Friday, can I claim costs?
Hi there, I have a repossession hearing on Friday in the County Court. the mortgage company have executed a suspended possession order and I have an eviction notice for 15th May. I have a new job and a prepared budget so I am hoping it'll go through and the judge will accept my budget and issue a new suspended possession…
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Lloyds TSB New mortgage application after IVA
Early last year I completed a IVA. The IVA has now been removed from the Credit Agencies. I now have clean credit files at all three credit agencies, no late markers, defaults or IVA. I am thinking about applying for a mortgage with Lloyds TSB as a first time buyer. However I did have a loan and credit card with Halifax,…
