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85% ltv mortgage first time buyer with old satisfied default
Hi all, please any advise would be appreciated. I'm applying for a mortgage Friday with Halifax, I have a 15% deposit and earn £50k per year. I am a first time buyer and the loan is for £134k. Background history is around 8 years ago I broke my leg badly and was unable to work. I fell behind with many accounts and…
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How to source broker
Hi everyone Can anyone advise of the best way to find independent mortgage broker for your area. Regards
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Remortgage and release equity
Hi All, Please Help. I looking to remortgage and release equity. I would like my remortgage for £153,000 for 12yrs and release equity for £30,000 but i would like it for 5yrs only. Is that possible?
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How many years books are needed for mortgage?
To get a mortgage based on your earnings, how many years books are needed? I have had a good year this year but last year and before that were not so good. Will they lend on my recent books?
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Can anyone recommend a good cheap conveyancer in the Croydon area?
As per title please? I have bought 2 properties before and both times used cheap internet conveyancers. This time however, I would rather use a local one (Croydon) so I can visit their office if need be, instead of being at the mercy of a switchboard. Cheers in advance.
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mortgage separation question
Hi all, I split from my ex lately, just a philosophical question for the divorce before i speak to a solicitor. The ex and I split the equity down the middle on the old place, he mortgaged in his name and I bought a place in my name, however we also split remaining savings 50/50 and I then got hit with a £10k stamp duty…
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90LTV mortgage with existing property let out?
My current situation: I own a flat with a friend which is very likely in neg. Equity so selling not an option just now – we have got a consent to let from our lender to allow us both to move on with our other halves and we have tenants moving in at new new year. I have found a house I would love to buy with my wife but…
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FSA regulated irresponsible lending & a ccj
It goes without saying that we live and work in a very different place, it changing on a daily basis. This thread comes with a mental health warning, if you've read any of my others don't bother with this one. Rules are rules as has been repeatedly drummed into me, however in most cases there are and in many instances…
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refused Nationwide payment break
We have had our mortgage with the Nationwide for many years and never defaulted on payments. In April 2012 we took out a further advance to complete home improvments for our growing family and I am now on maternity leave. At the time of taking out that further advance we were told that we would still qualify for a mortgage…
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Urgh. Broker Carried out Checks without Permission
OK, yesterday we were talking to our mortgage broker and she said she'd work out some figures and get back to us. Today I go to check the credit reports and we've dropped into the Poor category on Experian as she carried out 2 searches with Nationwide and Santander. Surely since she knew the credit score was only in the…
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Ditch my fix? What to do ??
Hi Chaps, been thinking this over for a few days, but i always value other people's opinions!:) In a nutshell, im thinking about ditching my fixed mortgage with the Woolwich and moving to another bank with a lower fixed % rate, with the overall aim of overpaying on the mortgage thus reducing the overall term. I'm not…
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What a mess :(
Hi all! I need some advice on house / mortgage . My marriage has ended ,there is only me & my 2 kids (14 & 16) at home, mortgage is still in joint names. House is worth £150,000-£180,000 Mortgage is £120,000 on interest only I'm 47 and in part time work (£130 per week) Do I ?....... Sell , spilt what equity there is and…
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What should I do?
I was a FTB and took a new build with a 40 year product @5.6%. Deal ended in March and has gone on to SVR now (I think its BR + 2.5%, need to check though), so better value, but still based on 37 years repayment. Currently overpay by £50 a month, so not a lot but it's something! My question is, should I be looking to move…
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Flex Mortgage Nationwide
Also as part of the Flexaccount I need to open I need to put in £750 a month....... Can I just put in this amount and then move it back the same day? Thanks
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Morgatge advise for elderly single parent
Struggling here and becoming a big worry the closer retirement comes in 2 years. Mortgage offered, and accepted, into a retirement age of 74 with no proof of pension (only entitled to state pension). Mortgage applied for when 54 and because of wages/income couldn't offer a 5/10/15 year mortgage because monthly payments…
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Mortgage help please!!
Hi all, My wife and I bought our house in 2006 on a 100% mortgage with Northern Rock, we now owe around what the house is worth but we really need to upgrade to a 3 bedroom because we have 2 children (1 boy and 1 girl). But a couple of years ago we got in to some trouble with some credit cards which is now sorted and they…
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First Direct - what are they like?
Anyone mortgage with First Direct? What are they like and what do they look for? We are remortgaging and these seem to have a good deal for us, but thats only based on the basics i can input on their website. Thanks Kirsty
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Married but sole mortgage application help
Hi Me and my husband currently rent a house for past 2 years wanting to buy something now. Only problem is he has a bad credit history. Would I be able to apply for a mortgage on my own I know I won't be able to look at higher price houses as I can't account for my husbands salary? But will I be able to get a mortgage as…
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Mortgage options
I'm pretty sure I know where I stand with this but thought I'd throw it out there in case I've missed something! First the background, my wife and I currently own a 2 bed terrace with an outstanding mortgage of approx £110k. The mortgage is with NRAM and currently on their SVR. The house next door has been up for sale for…
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Unable to pay mortgage for one month
Hello all. For various reasons, I'll be unable to pay my next mortgage instalment. I have no idea how to broach it with my provider (Nationwide). It'll be just for one month and I have an overpayment balance of about £1,500 with them. I've never missed a payment before, but have no experience in dealing with such matters…
