-
UK Resident, pay Norwegian Tax
Hi Does anyone know if there are any issues getting a mortgage if I work in Norway and pay full Norwegian tax? I work on a rotation in Norway and get paid in GBP into my UK account. I then file my Norwegian tax assessemnt with my UK tax assessment every year. I live in the UK and have always lived in the UK, as does my…
-
what does this refer to?
Hi guys Just had my mortgage offer for the house I am buying, and on the last page there is a "condition" which says that my husband (the mortgage is in his name only) has declared he has outstanding credit and has declared he will repay this before completion. He has no credit cards or loans. The only thing he has is an…
-
Rate shopping: effect of credit inquiries
Hello all! I've been reading here for months and learnt so much, but now I have some questions I can't find an answer to :) I'm about to buy and renovate a house so I'm sure you'll see a lot more of me, with questions and hopefully advice... Today, my question is about mortgages. I am shopping around for them, as are two…
-
Endowment Shortfall over 50% - Please help!
I have posted this before but no- one replied and I really need advice. So I'm posting again in the hope someone will answer. The most recent letter I had from Canada Life warned me of a shortfall in my 1994 endowment with Canada life due to finish in 2019. The endowment was due to pay off £55k but the latest projection…
-
flat for mum dilema
hi all, a new user here with a problem. my mum needs to move to a retirement flat, but cannot fund it. However i can just about fund it for her, but would need to mortgage 60% of it so in the main the flat will be in my / my wife's name. That's not an issue for all concerned in the family (mum included) but am i going to…
-
Buy to Let Limbo
Hi there I'm desperately looking for some advice regarding my mortgage. I bought a property for £170k in Aug 2007 with a £25k deposit and a £145k 4 year fixed rate repayment mortgage with a 35 year term. Unfortunately, due to work commitments I had to move away at short notice from the property in August 2008. My lender,…
-
Moving house with Santander 1.49% mortgage - will they try to change it?
I have a full term tracker (BBR + 0.99% = 1.49%) mortgage with A&L/Santander, and am thinking of moving house. The mortgage is not an insignificant amount (6 figures), and the terms and conditions state that it is portable. I'm sure Santander will try to persuade me onto another rate, but as I will choose to remain on the…
-
Mortgage to fund extension
Does anyone know how Nationwide will view a request to borrow money to build an extension? We need to borrow about £50k (getting quotes at the moment). Outstanding mortgage is currently £196k on house worth £300k. Probable value after extension should be around £400k. We earn £86k between us and have no other debts. How do…
-
Hire Purchase and Mortgage Application
Some basic facts about my financial situation. Salary £34,200 Take home pay £1870 per month (I am a school teacher and pay student loan and teacher pension contributions) I have a hire purchase of £425 per month. This ends in April. I have a credit card with a £0 balance. I have checked some online mortgage calculators and…
-
Remortgaging and need advice please!
Hi all, I'm new to this site and would really like some advice. Our fixed term has just come to an end on our mortgage and we are currently paying a standard variable rate of 3.99%. I would like to remortgage but am clueless as to the best type of mortgage to get, what lenders are best, what will Bank of England interest…
-
Any mortgage brokers who's brains I can pick on here?
I need one question answered to put my thoughts at rest, me and my partner would love to buy a house - he has a small CCJ (£327) which was added a year ago though. We would need a 95% mortgage and we have £9000 deposit. Is there any chance at all that we could get a mortgage through a broker? He's credit score is good 886…
-
Innovative equity finance mortgage
I am back with more questions, looking deeper into purchasing our first home and options available to us. I have come across some new builds and the company providing an ' Innovative equity finance mortgage' I was aiming for a 100 000 house with a 10 - 15% deposit. But with this scheme A 130 000 house would be possible,…
-
mortgage free and want to move, dont know where to start!
first all i have no mortgage on our 3 bed home but due to bad neighbours and lack of room i want to move! seen a new build but would require a 25% mortgage, mine being worth approx 129k and the new one being worth 169k. question is where to start, i don't work full time but have lots of income from different pots if you…
-
Please delete post
MODS PLEASE DELETE AS POST NOT REQUIRED - Thank you!
-
Nationwide valuation to offer?
Hi, We submitted our full mortgage application last Friday and had a txt today saying the valuation has been booked in for tomorrow. I might be being really slowwww here (Ftb!) but we stay in Scotland and the home report/valuation has already been done? Is this just a standard thing they do and how long after that should…
-
Planning to buy in a year's time - is our plan sensible?
Hello moneysavers, I'd like to know if our plans are sensible and whether anyone has any suggestions for us. We're planning to become first time buyers next summer/autumn. It looks like our first rung is going to be quite a step - prices around here for what we're looking at are around the £300k mark. Currently we have…
-
Nationwide mortgage "cancelled as requested" - but not requested!
We had a text last week to say our mortgage application had been successful and that we would be receiving it shortly. I've just had another message today saying that our application has been cancelled as requested - only we have not requested that it be cancelled. I've just tried to call Nationwide but their mortgage…
-
Fixed rate due to expire
We fixed our Mortgage rate with the Nationwide at 5.63% 5 years ago not long before the recession kicked in. It was unfortunate as if we had a tracker we would have paid a lot less. Anyway, it expires on the 30th November and we are not sure what is the best thing to do. If we leave it to run it's course we will still be…
-
Are 95% Mortgages Really Available?
My partner and I are now ready to start looking at buying our first home, we are in our mid to late twenties. We have very secure, stable jobs with a joint income of over £50K a year, which is guaranteed to raise in 2 years to £69K (pay scale progression). We are looking at houses in the £140K - £180K price range and will…
-
When to realistically look into / apply for mortgages
Good evening all, My partner and I are interested in buying our first house after both graduating from university this year (although my partner is 27 and I am 30). My partner has been working in a part-time permanent job for 2 years which she has now increased to 4 days per week earning £18,000 basic (with some overtime…
