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Fixed or tracker?
HSBC seem to be offering some good deals just now so leaning towards switching my mortgage to them from my current Santander 4.24% SVR. There's two good fee free deals that I can see. Lifetime tracker at BOE + 2.49% and a 5 year fixed at 3.49%. Do I go with a tracker for a year or two and see where the interest goes or…
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Want to cry - Santander want MORE information
I'm slowing losing the will to live with this mortgage application! They now want husbands sole trader accounts, signed by an accountant - they never get signed or filed anywhere as they are produced for tax return calculations?!! So how I am supposed to get this god only knows. They also want to see the money going from…
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Bad credit - chances of mortgage?
Hi, My partner and I are planning on buying a house next year. His score is excellent, mine not so much. It's Very Poor, and I monitor it monthly on Creditexpert. It has actually improved slightly in the last few months. Some would be inclined to think I'm a fool for wanting more credit; but I have already given myself the…
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Mortgage issues with ex post-bankruptcy
I lived with my ex partner up to April 2010 and we both had a mortgage for our property that was being paid. We both had large debts as well as the mortgage to be paid – the mortgage was in negative equity. Due to the debts and our relationship, I moved out to live rented property in May 2010 to start my life over - and…
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I have four buy to lets, could I set up a company to put them all in?
Actually I have three but want to but a forth. What are the pros and cons of setting up a company to put them all in, if it's even possible to do so. Thanks in advance.
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Still named on mortgage! Please help!
:( I need some advise. My name is still on the mortgage of the house my ex and I lived in before we split 3 years ago. I am about to qualify as a nurse and am looking to buy my own house but I know I won't be able to get a mortgage as I'm still liable to pay the other mortgage if my ex decided not to pay. He now lives…
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Is This Age Discrimination?
I am coming to the end of a fixed term mortgage and in looking around for a remortgage found a good rate at one of the big banks. They would only give me a 9 year mortgage, taking me to age 65, meaning I couldn't afford the payments, I want another 5 years to age 70. I obtained written proof from my employer that they…
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Mortgage options Help please
Hi, I need to take out a new mortgage and am a bit rusty when it comes to choosing one. I have decided I like the idea of a 5 year fix. I only need £46,000 and the Loan to Value is way below 50%. I have seen HSBC have a 5 year fix 'fee free' product at 3.49%. They do a cheaper one at 3.29% but has a £500 arrangement fee…
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Mortgages making my head spin.
My wife and I are trying to figure this mortgage thing out. We've been renters for the last 7 years and are looking to buy as we want to settle down in one place for the kids schools. Anyway, we've got a 15k deposit and are looking at houses that could be reasonably negotiated down to 150k, making 90% LTV. Anyway, just…
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Bank Defaults & Mortgages
Hello, I have three defaults in my history. One is settled and i settled this with barclaycard myself. I have another default with HSBC. This default is for about £850. I had a student overdraft of £1000 began paying it back with an agreement however out of the blue the defaulted the account and passed it on to collections…
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Leeds Building Society Mortgage
Has anyone had any experiences using Leeds Building Society for their mortgage? Thanks
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Mortgage for a 2 year discharged bankrupt
Hi, hopefully someone can help shed some light please. My partner and I are recently engaged, and are looking to buy a house. I am currently job hunting, after being forced to resign however I do have a £50k deposit. I was earning, and am applying for jobs in the £20-25k bracket - cross fingers on that one please. My…
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Stay away from Accord Mortgages !!!
I am writing this post because if you Google “Accord Mortgage reviews” you get an disused moneysaving expert forum page saying some nice things about Accord Mortgages. As the above post is now closed, I am starting a new post so that I can add my tuppence worth to the debate. I have had a mortgage with Accord for ten…
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Old mortgage lenders
Can anyone help pls, my mum is trying to cash her endowment policy but has been told she needs a letter from the original holders to say they have nothing to do with the policy. The company was mortgage systems ltd, and although their still registered with companies house there is no trace of them! We are going round in…
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Is it better to overpay mortgage with rental income than pay tax?
Apologies if this has been bought up before but i couldn't find it anywhere. I am about to rent out a property i own for approx £1300/month. My mortgage is £550/month so after paying this and other costs (e.g. service charge) leaves me with approx £650 each month before tax. I am in the 40% tax bracket meaning that once…
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Transfer Of Equity - How to get my brother off my mortgage!
Hi I've been going round in circles for months now trying to get my brothers name off my mortgage but short of selling the house I dont know what else I can do! I purchased the house about 10 years ago but fell just short of the affordability so my brother kindly came in on it with me purely to make up the figures. He's…
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Receivers appointed to manage BTL flat
My tenant did a runner owing £2k, 2 mortgage payments were missed and Rooftop have appointed receivers to manage the flat. They appear to have no sympathy to someone in a tight corner. Despite offering to pay arrears using a family loan, this was refused. I have now lost control of my BTL property. Would the FSA be…
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Ported Mortgage Question
Hi All, Back in Feb 2010 I purchased a flat on a 3.09 3 year tracker. In Jan 2012 I then ported the mortgage over to a house meaning effectivly I have 2 mortgages: 3 Year 3.09% Tracker expriring Feb 2013 = £79k 2 Year 3.50% Fixed expiring Jan 2014 = £121k (based on 80% LTV) My question is when my tracker rate expires will…
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Transfer of Deed from joint to solo name
Currently have an NRAM mortgage with another person. Situation has arisen where they want to leave, cut ties and leave me with the house. As far as I am concerned, this is fine as it means there is no buying out, taking into account equity etc. Speaking to NRAM, a decision will have to go to the underwriters to see if they…
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Contract Documentation and Moving Date
Hi, I am just looking for a bit of advice on the later stages of buying a house. We've got a house lined up, been offered the mortgage from nationwide and have just received a letter from the solicitors stating that they have the contract documentation and can we just have a read through a list of fittings and fixtures…
