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First mortgage payments, 2 within a month?
I completed on the 30th October with the Halifax They sent me a letter saying £555.56 would be taken on the 12th Nov and my normal payment of £531.60 will be taken on the 1st Dec Is it normal to pay 2 payments within such a short period (ie £1087.16 in the first month) after completing?
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3.69% 4 years or 3.99% 5 years
Hi All, I'm a FTB for offer accept and I am in a position to select to go for which rate.I have two options 4 years 3.69% fixed 5 years 3.99% fixed product fee and other charges are same It's with Nationwide and when I calculate the differences it's as follows 4 years - total payments 996x48 = 47,808 5 years - total…
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Argue fees & penalties with GE Money?
We have just come to the end of a 5 year, secured loan (2nd mortgage) with GE Money. During this period we had huge financial problems (our business fell foul of the recession and then had 2 cases of redundancy - we also have 2 young children to raise) and so we fell into arrears a few times. At one point they tried to…
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Dumped and desperate to take on mortgage by myself
Hi, can anyone offer any advice? I am married with a 2 year old son. My husband has left and has agreed to sign the mortgage on our home over to me so I can stay in the house with our son and two doggies. He wants off the mortgage so he can move on with his new family. I am self employed and used to earn alot of money but…
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Advice RE New Mortgage/Affordability
Hi, I'll keep it short, i'm just looking for a bit of advice on what's best to do with my loan if i want to get a mortgage soon and all the best lenders for my position, looking to buy a house around december when i get a bonus to help with a deposit. The Facts: Salary: £58k I've been getting decent bonuses last year,this…
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Can we get a mortgage?
Hi All... You seem like a friendly bunch so decided to register and give posting a go :-/ My husband and I are hoping to move house in order to relocate near a good school for our son. In order to do so we will need a mortgage of about £170,000. His parents are willing to lend us about 30% for a deposit. We are currently…
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Remortgage or transfer?
I bought my house with an ex partner 7 years ago. All the equity is mine as I sold my house to buy my current home. The deeds are "unequal shares". My ex partner doesnt want any money from the house, they just want their name off the mortgage. I am now remarried and my husband is willing to take on the mortgage. What is…
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The cost of fee free mortgages
Here's the booklet I've been given: 'Fee free' means no booking fee, no administration fee, no valuation fee, no exit fee, no closure fee, no early payment fee. It does not include any legal fees incurred. You can make as many or a little payments as possible as long as you pay as least the interest each month. You can…
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Mortgage ppi and life cover-change?
If I change my mortgage from Halifax to another lender do I need to change my tmpp life cover etc as this is with Halifax?
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Switching jobs while trying to get a mortgage
Hi, I have been in my current job for 2.5 years.I am currently in the process of trying to find a flat (and a mortgage) to purchase. I was advised that being at an employeer for a certain duration of time is prefered to get a mortgage. I am potentially thinking of switching employers if I do not get the promotion I am…
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lenders
Anyone know of any lenders who will lend on a house that has been owned for less than 6 months? From what i gather the owner got into financial problems and sold to a company that buys houses cheaper/quicker. Presume that company are now the legal owners? I purchased the deeds and it was registered to person not a company…
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last minute audit on mortgage application...
MA has just called me, i am due to complete on newbuild next week! Mortgage offer came in about 3 months ago from Halifax and is valid for 6 months, so why are they auditing me now? I am currently down in devon seeing family so cant get hold of two most recent payslips till im home and can get into work to print them.. My…
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Incorrect loan on my credit report stoping mortgage
Hi there I would really appreciate some advice. My husband and I have applied for a mortgage and we were agreed in profile but they have stalled the application due to my credit report showing a loan I don't have. I called my bank and they agreed the loan is not on their systems but they won't remove it on the credit…
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Mortgage possible?
Hi, I'm wondering if anyone can offer some advice, with just discovering a baby is on the way and would like to buy house sooner than was planning (we are currently renting) Having checked the credit reports I'm not sure if it will be possible. Our combined salary is £88500 I was hoping to borrow up to £225000 with 10%…
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Help With New Build Haggling for a Wuss!
Wrong forum.
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Right To Buy Mortgage Advice
Hi all, I haven't a clue when it comes to mortgages etc so any advice would be much appreciated. I have looked into buying my council house & with my discount it works out to £57,000. Now here's the problem i have defaults from a couple of years ago when i lost my job is this going to stop me from getting a mortgage.…
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At my wits end with mortgage!
Hi, im just looking for a bit of advice, i have a 160k together mortgage with Nram. roughly 130k is secured the rest is unsecured. the house is worth circa 100k im never going to get out of the hole im in with this mortgage and i have tried and tried to keep my repayments but i can only afford intrest only so im throwing…
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Self Employed New Mortgage Headaches
When we brought out current flat 3 years ago, it was under the FTBI scheme and I was in full time employment. Since then, I have become self employed and the FTBI fees have gotten so high (an extra £123 a month on top of mortgage, rising to £250 a month next year) that we can-no longer afford to live in our lovely home.…
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FTB Questions
The OH and I are I'm the process of looking at mortgages to buy a new build. We have a deposit. We are already aware of the difficulties relating to FTB mortgages, particularly for new builds. However it would help if someone could answer the following: 1) Due to the nature of the project i'm working on at present, I am on…
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Remortgage
My interest only mortgage is up this coming December with Bradford and bingley. I have asked them if I can have an extension but they are not helpful at all. My house is not ready to sell yet. I need another few months to get I ready. When my exhusband went bankrupt the official receiver took the endowment policy. I…
