-
Should I pay off a euro mortgage?
I own a small house in Portugal with around 20K euros left on the mortgage. With the possible unravelling of the the euro zone, I am wondering if I should attempt to pay off the mortgage and keep cash banked in Portugal to the minimum. There are so many conflicting reports online of what might happen if Greece leaves the…
-
Minute Of Agreement
This is a bit of an unusual one - I bought my house using a staff sharebuy scheme with my then employer who made a contribution towards the cost of the house as a relocation benefit. Their share was secured/documented using a minute of agreement which is lodged with the title deeds. I was later made redunadant and allowed…
-
Halifax mortgage offer? How long?
Hi Just wondered if anyone knew how long, on average it takes to receive Halifax mortgage offer? Our buyers have gone with them, the valuation was done on 31 July, so coming up to 3 weeks ago. We are going with nationwide and I've read and heard there is bit of backlog. Any thoughts, it's tarken a while to get to this…
-
Mortgage Offer Advice
Hi, Hoping someone can help. Have had my Nat West mortgage approved and all ready to go, mortgage of 169000 purchase price 212000. My question is this, looking to buy a new car 20000 will be a personal loan of which I have not declared to lender as at min do not have loan, will the Nat West credit score me again prior to…
-
Existing debt for first time buyer
Around 2 years ago I borrowed £9000 from Nationwide over a 36 month payment period. I currently owe around £4000 and I am considering borrowing a further £8000 for another 36 months. How difficult would having this debt make securing a mortgage be? Let's suggest for example I manage to scrape up a 10% deposit. I am a first…
-
Am I entitled to or likely to get a mortgage?
I own my own home worth about £350,000 and own another rented property worth £180,000. I currently have no mortgage on either property. I would like to raise some money (up to £50,000) to start a business and have looked into loans I could get. Mortgage loans seem to be the cheapest way to borrow money but I am neither a…
-
Re-mortgaging for self-employed/public sector couple
Hi, We haven't re-mortgaged since the bad-old-days (2007) when you could just declare an income to get a mortgage. Now I have a teaching contract on £31k a year, but my husband's business has only been showing a profit of around £15000 pa over the last 6 years. What hope have we of increasing our mortgage from £100k to…
-
Joint Morgage In negative equity can he force me to sell? HELP plesae
Hi all, i have seen a few threads but nothing that reflects my situiation. my partner and i seperated a few years ago, the house was in negative equity when we split with some arrears. I was the only one able to maintain payments on this so took over the house and all bills. My Ex pays nothing. I’m hoping in time to be…
-
How to withdraw a freeholders unilateral notice
I own a flat in London which is leasehold. I am trying to remortgage to a 'fee free' HSBC mortgage and their solicitors have written to me explaining that a unilateral notice is registered against my property in favour of the freehold owner. The solicitors want to charge me an extortionate amount to resolve this as…
-
Missd payment
We are first time buyers.In 2009 I cancelled my account with hsbc to move to barclays. However i still had direct debit for lap top insurance, which i completely forgot about.i only found out that my account has not been closed because of this and i owe them £53. I paid that straight after and closed the account. since…
-
Mortgage Legal Question
How doo folks. A quick question. My partner went to see Mr Halifax for a mortgage review last week. She's got another loan (quite a large one) secured on the property. When Mr Halifax checked the details on the property, it appears that the Halifax have never been informed that there was another loan secured on it. They…
-
Sorting parent part and part mortgage
Hi, I have posted previously about my parents financial difficulties that I am trying to help them with. We are now about to look at their mortgage. Grateful if anybody can give me any initial advice. The facts: House value: £400k Outstanding mortgage: £140k Of which £70k is repayment and £70k is interest only The mortgage…
-
LIBOR & Mortgage what next
Hi everyone, i had a mortgage for £112,000 with Platform Home loans that i took out in 2007 when i was self employed running my own business, we took a fixed at 6.2% for the first 3 years then we are now variable at 2.2% above LIBOR so are paying roughly 3.2%, in 2011 i lost the business due to the recession and had to…
-
Mortgage Offer help
I received my mortgage offer this morning it is only valid for 1 month, is this normal? I was under the impression it would be valid for 3 months.
-
Mortgage help please, very stressed!
Hi, I really need some advise regarding my recent mortgage application. I've agreed to buy a home which is a private sale, change of circumstances has prompted a quick sale for the vendor. The vendor purchased the property for 235k in 2010 and is willing to accept 175k for a quick sale without the furniture and fixtures it…
-
Mortgage Advice
Hi everyone , i need advice i remortgaged with a broker in 2006 the broker i had used since first buying my house in 2002, anyway to cut a long story short it has come to light that he put down my date of birth in 2006 as 5/5/1985 but in fact my date of birth is 5/5/1962, i was on a intrest only mortgage in 2006 with the…
-
help please on first time mortgage
Hi all We went to Halifax on the off-chance to see if it was possible to get a mortgage, after we learned our landlord wants his house back so we had two months to find somewhere else to live. With price of rent through the roof and the fact we finally were settled here, we decided to try and buy so we could stay settled…
-
is there a good reason not to...?
Right, am selling a flat early next year. Will likely go through an online estate agents, and may also set up a website of my own and go through various private sale routes too. For the 'estate agents' board, I will prob get a local sign-writer to put that together. Am considering making my website (domain) name the first…
-
Possible?
Evening all, Really in need of some help! We sold our house and are due to complete on 29th we have a prop to move into (my mums empty house). Now a property has come up its been on the market a while and started off at 225k it then dropped to 195 and now it's at 180k agent said they'll take 160k (old lady who has passed…
-
Standard Life Mortgage Migration to Barclays
Has anybody else been shocked by this supposedly "no changes to your terms & conditions" migration? I have been allocated a mortgage with an associated current account along with all paraphenalia of a cheque book, Pin number et al. When I rang to tell barclays that I did not want the account I was told it was part of the…
