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Scared I will be declined
Hi all, I have spent the last couple of hours searching this board and I am now paranoid my mortgage application will be declined (this seems to have happened to many poster who appear to be in no worse and sometimes better situation to me. Until recently, I had large debts , credit cards and overdraft. All these have now…
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Early mortgage repayments if considering bigger house purchase
Hi guys, hoping someone could help me out with this dilemma. I have worked out using the calculators on MSE that I could pay my mortgage off by about 4yrs earlier if I pay off 10% this year (the max I can pay per year without charges). That's seems like a sensible thing to do as I will save a bunch of money on the…
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Buying Property off Dad
Hi Can anyone guide me in the right direction as to who I should speak to regarding how to go about buying a house off my Dad. The property is more than we can afford with a straight forward mortgage. My Dad has said he will give me some of the property now effectively meaning that I would have early the portion of his…
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Does a 2 year mortgage product exist?
Hi, I reckon I need about £50k to buy the house I want and could pay back this amount in 2 years, 3 years absolute maximum. I was looking at the Virgin One account but noticed that this product has a minimum lending term of 5 years. I can't stand the thought of being in debt and would much rather be debt free after 2…
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Mortgage Advice needed
My son and his girlfriend are looking to buy a house for £250,000. They can put down a cash deposit of about £90,000. The problem is that my son has two defaults in the past three years. The first was a Nat West Credit Card £500) and the second was (HSBC Bank £850). Both were disputed as money was taken out by a company…
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HELP?!?!? Issues with mortgage for buying a new home
Please help... Sorry about the long story Me and my fianc! are buying a brand new home but have had serious issues with our financial advisor. We had received awful customer service from him because he was practically bullying us into taking out a life and critical illness insurance policy with him, and he has not been…
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Just a quick question
If you have a joint mortgage, have been separated for a year yet still lived under the same roof, however only one person paid the mortgage and all the household bills where do you stand once the house has been sold?
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mortgage redemption question
i hope one of you more knowledgeable people could answer my query? we have our house on the market but have not found a suitable property for ourselves yet. Currently have a cash buyer intereted so wondering if we sell can we put our mortgae 'on hold' until we buy one - we will stay with parents iin the interim - instead…
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When will first payment be?
Hi, I'm a FTB and completed on Friday. I asked when doing the application for the mortgage money to be taken on 20th of each month. In the documentation it states something like the first month will be £1100 (fixed rate of £640 thereafter). When would Nationwide take the payment? Will it be on Oct 20th? And how much should…
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remortgage help !
We currently have a mortgage with the chelsea, who offered us a remortgage deal that would consolidate all our debts and help us out. but then they turned down. because my parner change his shift from nights to days shifts. he still brings home the same wage If one company turns you down does that mean another will? Can…
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mortgage-credit-advice.
posting on behalf of a friend. my friend recently applied for a mortgage, he's been working with the same company now for 15years in that time he's had loans etc and never defaulted one payment. he seen a house he wanted, so done some searches and this one mortgage provider worked out cheaper than the rest so he went in…
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Natwest AIP
Hello, Hope you can help, please! I have got an AIP from Natwest and they have already done a hard check on my file. I thought they only did soft checks at this stage? What does this mean? Is it likely to go through do you think? I've got to send of one wage slip and one bank statement showing my wages going in. Is that…
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Nationwide Flex Account to Nationwide Mortgage - internal transfer
Sorry for the post but I'm a bit worried and I cannot contact Nationwide as it is Sunday. Basically my mortgage repayment is set to be paid on 15th each month via internal transfer from Flex Account. For the first time yesterday the balance was about 30 pounds less than than the amount needed for my monthly mortgage…
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Bad / Poor Credit Mortgage. Brokers?
We're looking into getting our very first mortgage, but my credit rarting is poor. I have been a "perfect payer" for the last 2 years but I have a default on my file, so my rating is understandably poor. First, we neeed to see someone to see how much we can borrow, so we can start looking at properties, nothing in mind…
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95% mortgages
Not coming to sell for a few months yet, but mulling things over. Assuming a likely sale price, we'd have enough money to buy 'something' at 90% mortgage, but shelling out just a little bit more money (15-20k) would get us the property we'd really like. Which would involve a 95% mortgage. Do banks tend to be a bit nervous…
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Looking for some advice about coming off a mortgage
Hi, Could I ask for a bit of advice please. My boyfriend left his marital home in September 2010, and since that time his ex has been paying the mortgage as she didnt want to sell the property and was quite happy to take over all costs for the property without anything from my boyfriend. They now wish to get divorced but…
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Having to re-apply for mortgage - nervous all over again!!
Hi all, We got a DIP (Haliax) found a house, offer accepted, valuation & survey done and offer arrived a week later (end Aug) HOWEVER, when the survey landed on our doorstep it wasnt what we expected (silly FTB's we were lurred by the lovelyness of the house). To cut a long story short we had to pull out of the purchase.…
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deposit
What companies let you place a 20% deposit? I have been on the search engines for the best deals but it shows ones like halifax, which when i rang the only deposits you can have with them is 10% 15% 25% and 40% Just abit confused as to why Craig
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Can anyone help me?
Just wondering, if going on a mortgage how does it work? do they credit check you or ask for a deposit? can anyone help me?
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New car and mortgage application
We have currently got our house on the market and so in the near future will be applying for a mortgage. We have already met with the estate agents mortgage advisor and there was no issue he felt with obtaining a mortgage for the desired amount we are looking for. We are expecting another child and need a larger car…
