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consent to let - does this help me?
Currently own a flat with a friend but looking to buy a new property with my wife later this year/early next year. We have nearly 20k saved. My friend and I are currently overpaying on the flat as when we attempted to move on at the start of this year there was no equity so couldn't sell and our lender Standard Life…
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nationwide switch and fix online - rate dropped 2 days later
Anyone cancelled the switch and fix? Damn rate dropped 2 days after fixing. Mortgage doesnt start for another 2 months. Found a guide on the faq for switch and fix just wondering how long the process takes before i can go back on and do the process again. Cheers
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Endowment to repayment
Hi I was looking for some help please. I bought an house in 1994 with my partner , I already had an endowment in my sole name and we took two further joint endowments. These were supposed to be all assigned to the mortgage. In 2005 my ex left me and our children, I have paid all the bills and mortgage etc, he paid for the…
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Geeting a mortgage with husband but having the house under my namee
Hi everyone, any advice would be appreciated My husband and I are seperating in the near future, had problems for while now. We own a property with collaterol (sp!) of around £150,000, I will be using this money to hopefully buy another smaller house with a smaller mortgage (currently 230,000), I only work part time so we…
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FTB Mortgages help
Hi guys, Long time lurker here but after some advice on mortgages. Me and my girlfriend are looking to buy our first home. We've had a AIP from Halifax for up to £126,000. We've had an offer accepted on a house for £125,000. We've been gifted a deposit of £20,000 so are looking to lend £105,000. Just starting to worry now…
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Mortgage Refused Despite Excellent Credit Rating
A family friend was told last week she could have a mortgage by one of the big banks, then informed today that it had been rejected. She went into her local branch where the manager said he couldn't understand it and said he would appeal. He appealed and it came back again as rejected on the grounds of her credit rating…
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remortgage at 67 with daughter added to mortgage?
i have a house valued at 300 thousand with an outstanding mortgage of 135 thousand which comes to an end in feb next year. i have no payment vehicle running alongside this interest only mortgage as i purchased late in life and needed a big house as my daughter and her children live with me.. i am working full time and earn…
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Default on closed accounts affecting mortgage app
Hi, I have defaulted in the last year 3 times on 2 credit cards, 1 card is now clear and the account closed and the other has £150 on and will be cleared and the account closed this month! I am looking to get a mortgage of 40k with a 4.5k deposit, I have not defaulted on anything else such as phone contract car finance.…
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Mortgage advice foe new buyer in Falmouth
Dear all, I am starting a PhD in October and have just come in to some inheritance. I am looking to buy a house in Falmouth with 4 bedrooms, 3 of which I will rent out to fellow postgraduates and myself living in the 4th room. I have looked at a few properties and found one that has good potential. It is likely to go for…
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Advise for FTB
I have been monitoring these forums for a long time now, and even with the questions raised still have doubts about my position. Basically We are looking to buy a house at £105000, with a deposit of £16000. Me and my partner currently have a joint income of £28000 a year. Both young at 22, 21. Both Live at home and this…
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buying a second property
hi just a quick question. i already own a property on a residential mortgage. is it possible to buy another property with a similar mortgage? or would one of them have to be a buy to let specific mortgage? in either case, what sort of deposit am i looking at and what is my budget? is it based on deposit, wages, rent income…
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Offset mortgage advice please
In in the process of remortgaging after a fixed 2 year mortgage with nat west. I have been reading about off set mortgages and nat west offer 4% variable linked to current and savings account. I have just moved to the coop from the royal bank of Scotland and would like to say with them. They don't do a offset mortgage but…
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Stamp duty question
On behalf of my sister. she and my BIL are getting divorced and he is buying her out. He's been told he might be liable to pay SD, yet they already paid it on the original purchase. He already owns half and is just re-mortgaging the other half. what do you think?
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Stamp duty question
On behalf of my sister. She and my bil are divorcing and he is buying her out. He's being told he might be liable to pay stamp duty. would that be correct do you think? She thinks it's not right since it's a remortgage and they paid SD on the original purchase?
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Re: NRAM Together Mortgage & an unoccupied house!
Hi everyone, I am after some advice regarding an NRAM Together mortgage which I have been paying into since 2007. The mortgage was for 115% of a property originally bought for £172,000 (£165K mortgage and £16k loan on top). We are on their SVR paying £761 a month, well i say 'we' but we moved out 18 months ago and rent the…
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Transfer of Equity problem following a divorce
After a three year divorce through the courts i have been given the buy to let property that was in both our names. My former wife kept the matrimonial home. The problem has arisen during the transfer of equity with Bank of Ireland Mortgages. The original mortgage was with bristol and west but BOI took them over along with…
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Is this possible?
I need your help please! We are currently on the market for offers over 100k (I am an estate agent) and the market at this end of the scale isn't moving. Our current mortgage is at 67k we have seen a prop we like which was on the market for 129k I was thinking offer of under 125k for stamp duty (its not on the market any…
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Fixed Mortage Ending Question
Hello All, My fixed mortgage ends on 31st December this year. Does anyone know when the earliest is I can begin the process of sorting out my next fixed period - i'm keen to get another fixed one. I'm with HSBC at the moment, hoping to stay with them. LTV is 80%, current mortgage is about 73k, house was valued last time at…
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Mortgage advice please?
Hello, I have a poor credit rating due to getting very behind on payments and also a CCJ. I have now paid off all of my debts. I am now looking to buy my first home. I have about a 40% deposit. I was wondering if I would be better off waiting a few years to rebuild my credit rating and get a better mortgage deal? And what…
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Debt Management Plan - Bad credit mortgage availability?
My husband and I are in a debt management plan and have been making payments into the plan for the last 6 years. We haven't missed any payments but have been marked down as having defaults. We are currently renting but as our landlord now wants to increase the rent am wondering if we could possibly get a mortgage. I have…
