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FirstBuy scheme - advice needed - total newbie
Hi there, I do really know nothing(or very little) about mortgages(yet!:p) but I'd like some advice please :o I have recently seen an ad in a paper which made me aware of the FirstBuy scheme... The main reason I'm interested in it is because of the 5% deposit needed... So now where do I start? :o Oh maybe a bit about me/us…
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Financial advisor has lost my documents!
Hello everyone, I'm looking for some advice. We have recently sold our property and bought another. For ease we were using the services of a financial advisor attached to the estate agents as neither me nor my husband are clued up on mortgages! A months before our property sold our current mortgage deal came to an end so…
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do i qualify for a first time buyers deal?
I have recently divorced and am currently renting, I have a deposit for another house, so I dont have a mortgage at the moment or own a house, I just have a deposit to buy another house. Would I qualify for a first time buyers mortgage or not?? sorry if this sounds like a silly question!!
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Buying from a friend - deposit arrangement
Hi everyone, just looking for some advice really. I'm considering buying a house off a friend who wants £90,000. Ideally I'd like a 90% mortgage to get the improved interest rate. Thing is... I don't have a deposit. The house has already been valued at 100,000 so I was thinking of borrowing the 10k off my parents…
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Remortgaging using a Broker - advice
Remortaging from a 3.79% fixed term deal. Offered 3.49% with £299 fee from the same lender. House valued at 200k-210k with 118,000ish outstanding. (LTV59%). 18yrs left. No unusual employment circumstances. Spoke to a fee-free "whole market" broker, who has offered a variety of fixed rate products, all considerably (1 to…
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Best Home Development loan without Mortgage
Hi there, hoping for some advice. My partner has inherited her parents home after their passing. The property is worth around £300,000 and has no outstanding mortgage or debt. The house needs a lot of TLC and we're looking at a small extension, plastering, new kitchen, new upvc windows and doors etc. This work should come…
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Claim against HSBC
Hi, This is a new post for a first time user, please go easy!! I was looking for some advice 0 I took out an interest only mortgage when I moved house in autumn 2006. I do not believe it was taken out in our best interest as me and my wife were worried about the payments once the repayment part kicked in. The mortgage is…
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Confused -
Hi guys - I have an old default - settled on my credit report - it's from 30/10/09. Everything else on my CR has nice green ticks. OH has no defaults & everything up to date. We want to buy a house, have 10% deposit - house is £100k I looked on the Barclays website today and they offer 90% mortgages and we'd get the…
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Big gap in employment history
Me and my partner are just starting to think about moving and looking into mortgages for the first time. We already own a house but we both have gaps of many years in our employment history. Would this completely ruin our chances of being accepted for a mortgage? Thanks :)
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Pre Planning for first time Mortgage application
Friend of mine is 22, stable job, stable unmarried relationship has some deposit saved up. Planning to apply for joint mortgage with b/f in about 6 months time. Will be moving from current address to new rented accom at a known address in a couple of weeks. They have opened a save to buy account at nationwide I am not a…
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Overdraft usage
Morning all. I would appreciate some insight on what to expect with our current application with accord mortgages. Our broker came back with some fantastic rates. A mortgage in principle has been issued. I will be sending bank statements to the broker this coming weekend. My concern: I do have an overdraft facility on my…
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Mortgage advice...please help
Hi, I have a credit score with experian of 750 ish due to 2 defaults which are satisfied but will not drop off until 2014. My partner has a small house which she wants to let out and get a joint mortgage with me. Her credit file is top notch and we have found a house we really like and can afford to raise a deposit of 15%…
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Payday loan means being turned down for a mortgage in the future
Reportedly, having ever taken a payday loan will now bar you from a mortgage with many UK lenders in the future. That bastion of truth, the Daily Mail, has the details. http://www.dailymail.co.uk/money/cardsloans/article-2231040/Payday-borrowers-face-Christmas-credit-shock.html From December 2012 onwards, Experian will…
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Halifax LTV change after mortgage offer
Hi All In September I was issued a formal mortgage offer from the Halifax for 75% LTV on a firstbuy mortgage. My personal circumstances have improved since then, no new finance, no missed payments and now I am out of my probation period at my new job (which I was still in probation when I recieved the previous mortgage…
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New mortgage, with discharged bankruptcy
Hi. Hoping someone can help. Im in the process of selling current house and porting mortgage (great rate) for new home with fiance coming in onit.. Everything on track but am worried old bankruptcy may throw a spanner in the works? I have been discharged since Sept 2005 and was put on current mortgage Dec 2006 with C+G. No…
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first time buyer, shared ownership on 1970's house. advice would be great
Hello all, Im hoping you would be able to give me some advice. Myself and my wife have recently put an offer in on a 1970’s house which is a shared equity property. Unlike other shared ownership properties that I have see this is a freehold which we are dealing directly with the estate agency and not a housing association.…
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Convert to Buy to Let
I have an existing mortgage on a property where I have built up a decent level of equity c30%. I am considering buying another property for me to live in keeping this one to let out. Does anyone know if it is possible to take out a buy to let mortgage on my existing property of say 15% of it's value proving me with…
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Low credit rating :( Is thier anything we can do?
I'm so depressed about this whole thing :mad: We've been scrimping and saving to get together a house deposit and we've lent abit extra of the parents to top up the funds. Back in January my partner moved banks to Santander as I love the customer service thier and thier products in general. All the direct debits…
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Can you get a mortgage with satisfied defaults
Hi can anyone tell me if you can get a mortgage with defaults that have been satisfied on your credit file please.
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Individual(s) Issuing A Mortgage ?
OK. I know it's a long shot but I am tempted to ask the knowledgeable. Imagine 3 individuals pool £200k of savings and buy a house. They don't want to rent it but to mortgage it. I know a mortgage is a regulated activity, but can they do it through a FSA authorized company acting as their agent or intermediate? If the…
