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Can mortgage lenders consider property I own abroad?
Hi everybody, I hope there are people here that can give some advise or point me in the right direction: My mother has offered to transfer two of here single apartments that she owens on Germany (Freiburg) to my sister and I so we would each be legal owner of a flat worth €60k. This would enable my sister, who lives in…
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Nationwide Valuer's drive by & undervaluing
Hi all, any advice would be greatly appreciated. We put our house on the market 1 1/2 years ago and it was valued at £260,000. About 3 months ago we reduced the value to £ 230,00 on understanding that if it hadn't sold by time our current mortgage deal came to an end we would take it off market to organise that. Well we've…
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Is it worth changing my mortgage
There are a few below 3% five year fixed deals about at the moment. I foolishly took out a 5.35% 10yr fixed with nationwide in 2006, as I thought at the time interst rates were at an all time low. I remember the % being in the teens not that long ago relateively speaking. I have had my flat valued at 70,000 I owe approx…
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found it
Found what we need. Thank you.
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Lender offering 5 x income?
I'm posting on behalf of a family member who is a first time buyer with no outstanding debt. Are there any lenders out there who will offer more than the standard 4 x income? Ideally looking for 5 x income. Thanks in advance.
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Birmingham Midshires do they still lend?
Hi, had a mortgage since 2007 with BM. the paperwork states it can be ported subject to meeting lending criteria etc I phoned them to ask and they told me they do not deal direct with the public and could not answer my questions and suggested I speak to an IFA. I phoned the MA who originally got us the mortgage and he said…
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Trouble finding mortgage, advice on options?
Hi all, My partner and I are first-time buyers looking for property in Stratford-upon-Avon. We both work in the area and would like to stay close due to reduced travel costs (and of course we like the area). We've had an offer accepted on a new-build property of £165,000 and have started to look for a mortgage. Much of…
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Should we be ok?[HSBC 90% Mortgage]
Hello All, I just wanted some vibes on whether this is a good predicament to be in! House is on the market. Once it sells, i'm going to redeem the mortgage which is in my name and pay small early repayment fee of about £200 if it sells before December. Then partner and myself, will apply for joint mortgage. we're looking…
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Mortgage Express - Incentives to leave
Hi Recently visited an independent mortgage advisor for some general advice about re-mortgaging and also with a view to potentially moving. The advisor mentioned that as our current mortgage is with Mortgage Express who are no longer issuing new mortgages and are trying to close their books, if we call them to discuss…
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Will lender waive ERC for misinforming me of lending criteria to port?
I am self employed (director of Ltd company) and am moving home with just under 6 months left on a 2 year tracker deal. My lender/bank informed me over the phone that I could port my mortgage (as per T&Cs) and ran through affordability etc over the phone which was all good. The bank clearly stated over the phone that I…
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Conveyancing Solicitors/www dot agentquote.co.uk
Hi All, Myself and my girlfriend are just purchasing our 1st house and are goign with Natwest for the mortgage due to their 5 year, low fee, low % fixed rate deal. I now need to choose a solicitor and the quotes I've got from a couple of local firms seem very high to what I can find over on agentquote dot co dot uk Does…
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Mortgage - can my wife only apply
Hi, I'm 30, my wife is 29 We are both in full time employment. We've seen a house which, according to a number of mortgage calculators, we could afford on my wife's salary only. This has always been our game plan for getting a mortgage, due to the field I work in, my job could be cut at anytime. My question is, can we go…
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joint mortgage - now debt free, what are our chances?
ok long one but here we go i have a house rented out got consent to let etc, so all is good in the hood on that front I am looking to move in with the bf, found house we love have 15% mortgage BUT we have been turned down for mortgage so far with Nationwide and Halifax (current mortgage is with Halifax already) I was on a…
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deposit on house
Hi, Currently in the process of buying a house, currently around 900 short on the deposit. Mortgage accepted in principal today.. My dad has offered to buy one of my watches off me (im a bit of a wis) If my dad buys the watch and i top up my deposit account to the correct amount can anyone see any issues with solicitors…
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Mortgage deal coming to an end and don't know where to start looking for new one
Our current 5 year mortage deal is coming to an end. This has been a fixed, high interest mortgage and we are keen to get the interest down this time and are not sure if to choose a fixed or variable rate as we don't really know what's happening with rates. We just need a new deal at the moment but at some point in the not…
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First Mortgage Payment
Hi hope you can help. I am due to complete on my first house next wednesday (15/08/12) and have set the mortgage payment up to be the 2nd of every month. Just wondering when the bank will be taking the first payment and how much it would be. The mortgage is through Santander and is approx £460 a month. Would phone the bank…
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Help and advice about raising money with a mortgage/loan
Hello After a disasterous relationship I now have about £25k of debts. Unfortunately my Mum died just as everything was going pear shaped. The only silver lining in very dark times is that my Mum has left me a house (I'm living in it at the moment as I have nowhere else to go) though things haven't been finalised yet re:…
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Can you apply for 2 mortgages based on one property?
Hey Friends, Can you apply for 2 mortgages based on one property? Thanks
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Buying with a Partner who has debts.
Hi, I am looking for advice. I currently live alone in my house which is mortgaged. I am looking to move in with my partner and buy a property together. My existing mortgage is small so was going to keep this property on and rent it out. This will all remain in my name only. My query is that my partner has existing debts,…
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Much Advice Needed Please.
My daughter has a property which is probably a few thousand in negative equity bought a few years ago on a 100% mortgage however she is now working abroad and earning a good wage she has let the property and has to pay around £ 70 per month towards the mortgage, however she has decided that when she comes home she no…
