-
adverse credit mortgages
Hi, can anyone tell me if it is possible to get a mortgage with defaults on credit report? And if so, what mortgage company I should be looking at? I have a few defaults from student account overdrafts on my file. I currently earn £39,000 and have around £12,000 in savings. i am looking to buy a house around £90,000 to…
-
Last Will and Testaments... or not....
Hi My partner's mother wants to sign her house over to him eventually rather than leaving it in a will. Will it be an easy transaction? Will he have to take out the remainder of the mortgage in his own name or will the bank just change the names on the deeds and mortgage agreement? The reason why I ask is because he does…
-
Remortgage after 5 years
Hi all, Mr fiance and I are NRAM customers (ex Northern Rock) We are just coming to the end of our 5 year fixed rate at 7.29% and will be reverting to their SVR which is 4.79%. We brought our property for £176,000 in 2007 (our borrowing consisted of £167,200 mortgage, £15,800 and un-secured loan. I have worked out we have…
-
Borrowing More Than The Original Loan
Hi everyone Is it possible to remortgage/borrow on the house more than the original purchase price. Sue
-
Borrowing More Than The Original Loan
Hi Is it possible to re-mortgage/borrow on the house more than the original purchase price of the house. Sue
-
Remortgaging - Advice please
My current fixed rate mortgage is coming to an end early next year (March) so beginning to plan ahead. This will be the first time I've had to consider remortgaging - we bought our property over 4 years ago at the peak of the market and took out a 5 year fixed rate (5.54%). The LTV at the time was 95%. I'm just looking for…
-
Can I have 2 mortgages from different lenders on 1 property?
DH & I have a mortgage with Nationwide (old SVR) and would like to move house to a bigger place. Nationwide will not lend us any more than what we have currently borrowed due to their changes in lending criteria, and they will not accept my type of income (which we need to buy the property we want). I think I know the…
-
Mortgage offer at last!!!
Well as the title suggests, we've finally been told today that our mortgage offer is in the post!phew:T although i wont get too excited until we've received it!!! I have to say though, I would NOT recommend Nationwide! We have never had so much stress:( 3 times we had to submit paperwork, we spent hours on the phone trying…
-
contractor mortgage options
Hi I am looking for advice around the possibility of obtaining a mortgage. I work full time in a pernament position, however my husband is a contractor who has recently switched from a umbrella company to running as a ltd company. We are looking to buy next easter time and will have a 15% to 20% deposit. We are unsure as…
-
Nat West mortgage application time
Anyone know how long Nat West are taking with applications at the moment? Mine went in last Thursday (9th), via a broker, and I still have not heard anything. I have gone to my broker again but he says give them a few more days. I only ask as I thought they are known for taking 48 hours. Property is £310K and I have a…
-
Has anyone used Nationwide's free legal services?
If so, do you recommend their services? I am looking at their flexible mortgage (https://www.nationwide.co.uk/mortgages/interestrates-types/specialoffers.htm?offer=6) and that comes with "Free standard legal fees - save £686 on a house worth £150,000 when you use our licensed conveyancer" which I presume means I don't need…
-
i am so stressed about this!! 3 missed credit card payments!!
hello all, i had (or so i thought) a credit card with Tescos. i cleared the amount, infact i was £27 in credit with them!! im in the middle of applying for a mortgage, i ordered a credit report from equifax + my credit report was good! this report was sent off for the application.... HOWEVER!!... i forgot to cancel my…
-
Will 1 missed payment effect mortgage offer
Hi, Just a quick question :- Me and my girlfriend already have an AIP for our mortgage, we are buying a new build so wont be completing for another 3 months. My girlfriend has just missed a payment on a card she has and has paid it off a couple of days late, it was only a small balance on the card and it has been cleared…
-
Help needed regarding remortgaging!
Hi everyone, I hope this makes some sense and that someone can help! Anyway... I am looking at a property that needs some work, our offer was declined and the lowest they will look at is 110,000 which is still good for the property, however due to my partner starting up her own business her wage cannot be taken into…
-
Is it worth suing my estate agent for lack of service
We were very disappointed by the lack of service delivered from our estate agent to sell our house from start to finish. This agent is one of the high street leading estate agents. Our reasons to consider to pay less are as follows. Most of the hard work was done by us including editing the main description as on several…
-
Endowment Policies
Hi I have two Endowment Policies and they are both in Red Alert! Dont know if I should claim on them? If I claim and get money back what will happen to my endowment policies. Will I have to go on a repayment morgage, if I claim back. Hope someone can help me. Thanks:)
-
90% LTV on New Build
Hi, are there any mortgage providers who will lend 90% ltv on a new build house (from small private builder i.e. not NewBuy scheme)? Thanks
-
Urgent help needed
We are due to be visited tomorrow by a representative of THE MORTGAGE REVIEW COMPANY based in yorkshire - has anyone had any dealings with them - are they ethical/trustworthy as i have a feeling they're not. They have said over the phone that "having spoken to the underwriters direct, they have a Decision In Principle from…
-
help for mortgage please! :-)
Hi i have been trying to get a mortgage with halifax but have been turned down the property is worth 600k and the mortgage would be 325k - i have 1 settled default of £900 that is 4 years old but my credit score is good and i earn 75k per annum. does anyone know of any lenders that will accommodate this mortgage…
-
Mortgage app with outstanding debts - how much of an issue
Hi I posted a related question earlier, but now hoping for a bit of clarification on the effect of my outstanding unsecured debts on a mortgage application. I earn £34k per year, my partner earns £40k. Our only debt is mine - I owe £9k on a credit card. It would probably sound less bad if it was a loan, but the rate on the…
