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Re-Valuation
My 2 year deal ends this summer, we have worked on the house increasing it's value so would you advise we get it revalued before renewing the mortgage which I assume would reduce the LTV? If the answer is yes who does the re-valuation?
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mortgage question
we are in a bit of a complicated situation but want to know if i want to ask for extra borrowing next year when my fixed rate ends..am i better off paying some extra off the mortgage or keeping it in savings and asking to borrow less?
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Mortgage with cash back incentive
one of the mortgage lenders I'm thinking of going with has a £1000 cash back incentive with one of its mortgages that's available to me. What I want to know is will i get it as £1000 taken off the mortgage or £1000 in my bank account? I forgot to ask about it when I was there & thought someone here might have had an…
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Transfer a mortgage to another person
If possible I would like some help, I have been renting a house of my friend for the last few years, and he now wantS to sell it but I do not think I would be able to get a mortgage to buy it, however he re-mortgaged the property during the boom years and the outstanding mortgage is £265k but the value of the property now…
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Can I Re-Mortage with a good credit score+1 defaulted acc?
Hi, Back in June 2012 myself and partner tried to remortage our home to consolidate some debt and free a bit of money to start saving for our wedding. We have plenty of equity in the property and all seemed fine- but the application was rejected due to my low credit score (unaware at the time). Therefore we decided to go…
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Lowering Offer after Offer Accepted
Hi all I recently had an offer of £167,000 accepted on a property. I have £26,000 to put down so requested a mortgage of £141,000. This was agreed in principle and I received a certificate which stated that I could probably borrow up to £152,000. I've just been notified that they will only offer £137,000. I appreciate that…
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Mortgages for existing customers only
Hi I need a low deposit mortgage (later in the year) and ive noticed a lot of 90% LTV deals that say 'for existing customers only'. Ive seen HSBC, Nationwide and a few others with such deals. I understand that a lot of 90% LTV mortgages get turned down and i wondered if being an existing customer made you more likely to…
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Mortgage rate too low?
Just been doing some sums & I think I'm only paying around 1.4% interest per year on my mortgage. I owe around £72000 and am getting a monthly interest charge of £84. I can't find any lenders offering anything like this rate (my current lenders website cheapest rates are more than double this). Anyone know if this is…
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Remortgage help......
Hi All, This is my first (long) post so my apologies if this is in the wrong place or the questions are a bit dumb. We would like to remortgage, our tracker with Santander has just finished (upping form 3.29% to their SVR 4.74%, roughly a £80pm jump). OK we thought go back and see what they can offer as we did last time.…
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Help - partners job is classed as a 'Piece work'
Hi I really hope that someone might be able to help me, My husband and I have been saving hard to get a deposit to buy our first home. A couple of months ago we went along to our back to establish if we would be able to get a mortgage with them. The process went relatively smoothly until it came to my husbands income. He…
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Abbey mortgage
Hi There, Can i have your opinions on this. Currently earn 11200 and i outright own my flat with my brother - no mortgage. He wants to move out which led to me applying for £35000 mortgage with Abbey which he is happy with. I do not have an overdraft and i only have a car loan of 163 a month. I earn 850 a month and my…
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Accessing money on a mortgage
Hi all, Could you help, I currently have a mortgage with my brother on a house we live in together, bought because it was more viable than buying small flats separately. Currently we’re on a tracker rate that we started before the Bank of England cut the rates, so as far as mortgages go, it’s superb value. I would like to…
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When can I apply to re-mortgage?
Our fixed rate mortgage is due to end in May - does anyone know when we can secure a re-mortgage rate (but waiting till the end of our fixed rate for completion)?? Is there a standard period, or do providers differ? Thanks.
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What would happen with my mortgage if I pull out the offer- Unsatisfied Survey report
I would be grateful if somebody could advice. I am First Time Buyer. My house valuation is satisfactory and mortgage application has been accepted (all witin 2 weeks). I have instructed for Building Survey for next week Monday. My situation is as follows: Mortgage In Principle accepted for £178000 Find a house and offoer…
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Current Debts and how soon to be mortgage approved?
Hi, This is my first post here, so first of all hello all and this site looks like it will become a permanent fixture for me in the months to come. Basically I am in a situation due to circumstances a few years ago whereby I am in debt and I have been embarrassed at the extent, and have stuck my head in the sand about it.…
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A right conundrum, input please
Hello all the experts, Sorry a bit long, but quite convoluted.....expert opinion sought please. I bought a new build under an offer where the builder allowed me to defer 25%of the payment for 15 years. This was in 2006, so I have until 2021 to pay the amount off. This is not a secured loan, so I don't have to pay any…
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Mortgage question
Hi We have a fixed rate mortgage taken out in 2005 for 10 years paying 249 a month we have money to pay it of is it worth doing it Any penalties Cheers
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Copy of Mortgage Documents
Hi Folks, I was just looking for some advice, I requested a copy of all documentation in relation to my mortgage with Northern Rocksubject access request. They sent me out a print out of the application (completed online by broker) however it has no signatures on it, I queried this and was told that I would have signed a…
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Lenders without heavy 'product fees'..?
I may be looking to remortgage away from my current lender next time round. I'm wondering whether any established lenders are in the market with both reasonable rates AND no hefty product charges.
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Help with mortgage payment strategy!
I've just had my mortgage statement for last year, and am in a bit of a quandry about how best to approach paying off the mortgage over the next couple of years, while we're in the fortunate position of having a fair bit of disposable income. I'm particularly trying to get the balance down before I start to get clobbered…
