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Additional Loan confirmed - now retracted!
I have a Santander mortgage and have asked for an additional loan. House has been surveyed and all OK. Received papers in post with offer and acceptance form which we signed and have returned. There now seems to be a problem and to 'contact the branch' - can they retract the offer, even though we have paid a booking fee,…
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Remortgage while living abroad
I have a place in the UK thats mortgaged, I would like to remortgage it just to change it from an interest only to actually start paying it off, finding it really difficult to find banks or brokers I can trust. any ideas?
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Trying to move my interest only mortgage
We have an interest only mortgage and now want to move house. Our mortgage document states it is moveable subject to terms and conditions. However, the t+c's our lender outlined today seem to be new ones re amount of equity/income level/method of repayment(I know interest only mortgages are no longer popular with lenders…
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Making overpayments to HSBC mortgage
We have just bought our first house and we have known since before we bought it we wanted to make overpayments each month to really build up our equity and pay the mortgage off as soon as possible. With our HSBC mortgage we are able to pay up to 20% overpayment each month. However, because i am self-employed our income…
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current account mortgages
As our existing 3 current accounts are paying zero interest and that we often have quite a large amount of money in these acounts until the direct debits kick in and food is bought over the month, and as our savings accounts are also paying next to nothing, we're increasingly interested in Current Account mortgages. Has…
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Any advice gratefully received!
Hi! I'm a long time lurker on this forum and this is my first post. Just going to outline my situation as it is slightly different, if anyone could offer any advice, I would be extremely grateful! My wife and I are both in the Military and we earn appox 55K combined. We have never owned a property. We have around 20k…
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mortgage company playing hardball...
...we were approved in principle however our jobs are in Oxfordshire and the property we are hoping to purchase is in Merseyside. I am in the RAF and will be commuting every four days as I work four on four off. My wife has arranged with her employer to mirror my shifts, therefore we shall be travelling together to our…
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Mortgage Overpayment vs. ISA Saving
Mortgage interest rate 2.5% ISA 3.3% Would you over pay on a £150K mortgage or stick any spare funds in the ISA? Please advise. Cheers
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New Mortgage Deal with negative equity
My husband and I purchased our house in August 2007. As I have bad credit history the Mortagage is just in my husbands name. When we took the Mortgage out we went to see the Halifax first and they said that we could have a joint Mortgage. We then went to see an independant Mortgage advisor and applied for a Mortgage…
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Can you get an equity loan on a property to build a pre-fab modular home in garden?
Hello My mum and I are thinking of getting a loan for £125,000 against the value of her £700,000 house in order to build a pre-fabricated 2 bedroom modular house (such as from Ecospace) at the back of her garden for me to live in for a while and perhaps rent out in the future. My mum is 66 so, we are hoping that the lender…
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Mortgage broker specialising in adverse / bad credit
Does anyone have any suggestions or recommendations on what mortgage brokers to use that specialise in adverse / bad credit remortgages? Thank you, and I appreciate any information. TVH
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Advice please - what are our options?
Hello :-) I posted before, but things slightly different now. I would like topmost now I know more figures etc. We currently live in a 2 bedroom flat (owned outright) but now I am pregnant with baby number 3, it is just going to be too small. The flat is worth approx £100,000 but, things are quite slow moving round here. A…
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Interest only mortgages
Hi This is my first post so not sure if I've done the right thing creating this thread, this is just an enquiry really. If when you first take out an interest only mortgage and then after a few years your mortgage broker contacts you and tells you that the mortgage will not be paid off at the end of the term so you need to…
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Buy to let Mortgage
Hi Does anyone know how if i can take a BTL mortgage without a uk job? We currently live abroad but have a uk home and a flat that we rent out. We bought them both when we were working in the uk. Thanks!
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100% Mortgage at Natwest
I have just seen this on the Natwest site. They offer a %100 mortgage which is good if you don't have the deposit. However, on closer look they exclude first time buyers! So my question is, what is the point of the offer? Most people wanting 100% mortgages are first time buyers. And in any case, what difference does it…
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Re-mortgage query
Hi everyone I wonder if anyone has any ideas and could please give me a pointer or two. I have looked on this forum but could not seem to find a similar thread. I live in my own property but just bought another. It's a long story but initially I wanted to let new purchase but things went horribly wrong with the BTL…
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Remortgage
If you own a property(no mortgage and you are under 50, can you remortgage? If not, what would be best way to borrow £40k?
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HELP! £220k equity in home. Bad credit. Remortgage required.
Hello. I really appreciate any advice and pointers anyone reading this can give me. I am tearing my hair out in frustration and worry. Last year I took out bridging finance against my investment property for £60k. This was used to develop another rental property, which I was hoping to sell and repay the bridging loan in…
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Help! Where to look for best 10/15% mortgage?
Totally clueless, just need direction of which websites to look at...
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What's it called when you want to increase the balance on your mortgage ?
Hi all, As above really. The house is worth £250k+ and the current oustanding mortgage is about £100k. And we are on a lifetime tracker rate with FirstDirect. The time has come when we need to replace our car, which is going to cost between £15k and £20k. There is more than enough equity in the house but after googling it…
