-
mortgage help
i have come to the end of my fixed for 5 years mortgage, and now wish to move, however i dont think i have any equity in my house, and do not have any deposit to put down on a new one, the one i am looking at is worth more than i owe on my current mortgage. Any ideas on how i can do this? as i really need to move and…
-
mortgage query
Ok. Found a house £249,950. We have just over £40k saved and own our house outright. Would like to get £1110k but would sell for £100k If we chose to sell later. Is raising a £ 200k mortgage on joint earnings of £51k doable ? I am due to get some more cash through inheritance early in the new year £7k ish and a small…
-
Mortgage Deal Taken Away
I just want a second opinion. I was about to go and sign the t's and c's on a mortgage deal tomorrow afternoon that I've known about for around 3 weeks. Today I receive a call from the FA informing me that the vendor has pulled the deal. He went on to say that the vendors are not allowed to give prior notice of when a deal…
-
Could I get a mortgage?
Hi everyone. First post on here; just after a bit of advice re mortgages as I am absolutely clueless! Basically I am wanting your opinion as to whether I could actually obtain a mortgage given my circumstances. My situation is: I am 45, never had a mortgage so first time buyer. Renting at present (local authority, same…
-
Currently being shafted by mortgage company
Hi, my fixed rate mortgage ended in April. My mortgage increased by 50%. I couldn't change provider because I am in negative equity (112k mortgage and flat is worth 105). I would love to sell but just not possible. But even to rent out I am making a loss (because of the market rate). If my mortgage provider had not shafted…
-
FTB advice - default
Hi all, I'm after a bit of advice. My wife and I are hoping to buy our first home next year. Should have a 20% deposit (combination of savings and gift from parents). I've been going through my CRA reports and everything was fine, no late/missed payments, all accounts settled - I have no debt as all has been paid off in…
-
Mortgages and missed payments
Hi, I have finally sold my house and want a 90% mortgage on 110K. Which will mean have 99K on mortgage. My wage is 37982 Wife's wage is 21500 Now this is what annoys me and I am sure others. Because I have a missed payment in May 08 with natwest credit card and a missed some payments with a barclarycard with last missed…
-
Marble Property Services - Opinions?
Hi All. :) I am looking to buy my first house, and have been looking at a new build. I never thought I would be able to afford a house at such a price (around £180000) but the developer assures me that there are so many deals out there for First Time Buyers that they make it sound easier than trying to get a 'normal'…
-
Think I've been mis sold a mortgage
Hi there, So, I re-mortgaged 3 months ago, we used London and Country to advice of thebest option for us. I wanted to have the ability to access some savings with a view to payingoff the mortgage as soon as I could. Iwanted to lower the monthly amount, and pay what I would have paid into savingsto offset against it. This…
-
Buy to let mortgage query.
Hi Everyone, I was hoping to get some advice. I am planning to move in with my partner next year. He owns his own house with a only small mortgage. I own my own home too but his is much nicer! I have around £60-70 000 equity in the house plus some savings. My partner and I are both keen to keep fiances separate so there…
-
How likely is it that we would get a mortgage?
Hi there, I'm looking for some advice. Here's the situation: We're a couple. Currently renting together. We'd like to buy a house as the mortgage would be about the same or just a bit more than the rent we now pay. Applicant 1: Me. Age 26. Credit rating was non-existent until September 2007; which is when I moved to the UK…
-
Mortgage application issue
Hi all, I'm pretty new this forum. I have been accepted a house offer recently and my mortgage appointment is on Friday. I have check my experian credit score and it is perfectly fine (999), but my Barclays current account (opened in 2006) and my Barclays credit card (6k crdit limit)is not shown in my credit report. I have…
-
Endowment/remortgage advice please.
Hello. I will try to give as many details as possible, hope you can help, really I am looking for a second opinion on whether to cash in an endowment. Currently have an interest only mortgage with Santander, with a Friends Life With Profits Fund Endowment. House purchased 1999. Mortgage is £125k, house worth £350k. Fixed…
-
Halifax Mortgage Calculator Query
Does the mortgage calculator on Halifax's website actually work for anyone? No matter what figures I input it comes back with "Sorry, we're unable to match mortgages to what you've asked for." I've tried different browsers (IE, Firefox, Safari, Chrome) and different devices (PC, laptop, iPad, iPhone). Does it actually work…
-
is there a way of buying this flat?
The flat we are renting has recently been valued at 350k which i could never afford. Household income is about 27k a year and have a deposit of 15k. Our landlord is 84 and says he doesn't want the hassle of worrying about tenants and hopes we stay there (pretty much for rest of his life) and says he is willing to sell it…
-
Shared ownership property-buy/rent or sell
I currently own 50% of a shared ownership property in London, with the other half owned by a housing association. I am planning on travelling abroad, with the possibility of working, for up to a year. I am looking for advice on what to do with my property. I have just had it valued, and in the 7 years since I bought it, it…
-
Great Mortgage calculator with monthly budget planner
Hello Everyone, I have created a great mortgate calculator merged with monthly budget planner. I want to share with all, what is the best way to do so, so that I can get the suggestions and review comments and I can improve the work. Following are the feature of the excel sheets combined 1. Add monthly budget for each…
-
What are my options ???
I own a property in the UK and the LTV is approx 90%. My mortgage in the UK was taken out in 2007 on a 2 year fixed deal [interest only] which has since expired. The lender was a sub-prime lender who has since ceased lending [SPML] and hence, does not offer new products. I have never missed a payment in five years albeit I…
-
Forward Selling of Endowments
Never used a forum before but hopefully may be able to get advice.We have a company calling asking us to make a claim regarding forward selling of endowments. This means that because we were advised to start an endowment 2 years before we took out a mortgage the company is saying we were misadvised - is this correct
-
Two mortgages sold - Worth asking for compensation?
I wonder if anyone else has had a similar problem to mine? We bought a house in 2000 and had a fixed rate mortgage with Nationwide. We renewed our fixed rate with them in 2005. Then, sold the house in 2006 and bought a bigger one and instead of changing our existing mortgage, Nationwide sold us another similar mortgage…
