-
Mortgage jitters
Hi guys, Just seeking some advice on a woolwich joint mortgage application. Myself and my girlfriend are finally taking the plunge and buying a place together. The process hasn't been smooth and riddled with problems regarding the house itself causing endless negotiation with the current vendors. We are about to exchange…
-
Relative paying fees
Hi, we are looking at getting an 85% LTV with Halifax (supposed to be submitting application tomorrow at the branch but looks like we may be snowed in!) We have the deposit waiting in our savings account, my Nan has offered us some money, we don't need it for the deposit, but she would like to pay stamp duty/legal fees for…
-
Maiden name on Passport
Hey! Hope someone can help me out here! My passport has still got my maiden name on it, I understand I have to give this for ID for a mortgage application, so will this affect it? All other things like driving licence, bank accounts have been changed to my new surname. Will it be suitable to include marriage certificate…
-
Mortgage - application & underwriting query
Hi, We've just applied as first time buyers with Halifax, decision in principle etc fine, handed over all requested paperwork, paid for and had survey & valuation done which have come back fine, but as we were thinking that we were ready to complete we've now been informed that it's with their underwriting group (not sure…
-
Delay in switching means now liable for fee. Advice?
Hi We recently decided to switch from our Skipton mortgage at the end of our deal to a five year fixed rate with HSBC. We had a 90 day period to get out of Skipton without any penalty or fee. Great... All the paperwork went to HSBC early in December. Last date for transfer without fee was the 29th. They missed it. In fact…
-
Accord Mortgages, yay or nay?
Hi there! My partner and I have just applied for FTB mortgage and have decided to go with Accord Mortgages. However we are now hearing some horror stories.....does anyone have any experience of them? Thanks!
-
Mortgage advise
My partners mother died leaving behind a house with a mortgage from the Halifax and a re-mortgage from GE Money, both will be paid off in 10 years. There was no insurance on the house and has been trying to get a mortgage, he can't get one, he is in full time employment with a good wage. Both mortgages total £550 a month…
-
Remortgage time
Well the time has come to remortgage , we purchased the house two years ago for £733k, mortgage of £625k as we needed some funds over to renovate. We have now finished the renovation and the house has been valued by estate agents at £950k. We have some credit card debt, about £15k from running over on the house renovation…
-
Alexander Hall mortgage brokers
Hi, I just wanted to warn people about the atrocious service I received from London-based Alexander Hall mortgage brokers. I was referred to them through Foxtons estate agents. I was trying to get a buy to let mortgage on a flat above a parade of shops which included a fried chicken shop. The mortgage advisor told me this…
-
Monthly Payment goes down?
My fixed rate with Nationwide is coming to an end at the end of April and I think my decision is just to go on the BMR which will be 2.50% (assuming interest rates stay the same). Because I won't be on a fixed mortgage, does this mean that my mortgage payment will be different each month (i.e. it will go down (even if by a…
-
Lenders that accept Architect certificate after build
Hi I in the process of getting a mortgage for a property but it is a very oddsituation: 1) The property is a new build and was built in 2008 and has never beenlived in 2) The original Architect and Builders unfortunately dissolved due toeconomic crisis. Thus the building does not have a NHBC certificate 3) The property has…
-
Can we secure a mortgage?
Hi New to the forum and have a quick question, and after some advice, regarding our chances of securing a new mortgage on a House we've found; We've had an offer of £192,000 on our property, repaying a £158,000 Santander Mortgage. We're looking for a mortgage of around £135,000 with a 10-15% deposit on top, but our…
-
Selling a flat above an A3 unit - will buyers be able to get a mortgage?
My partner and I are about to put our flat on the market. It's a 2 bed above an A3 unit in a commuter town just outside London. We're in the process of getting valuations from estate agents and the first one told us that although he thought there would be lots of people interested in it, they may not be able to get a…
-
Do 95% mortgages still exist?
Quick Q with bit of background. Family split meant both parties moving out of family home, home rented with consent to let from mortgage provider, House it rented to family member who wants to buy the property but isnt in position to do so for 18 months, they have a long term investment that would be the deposit on the…
-
Mortgage payment's double what they should be
I have a mortgage with Santander which was in areas last year. I payed this off in November and was then told that I would have to continue on their standard rate for a period of 6 months (to check that I am paying on time). My intrest rate deal ran out in june but I was unable to switch to a new deal as I was in arreas ..…
-
Any chance of a mortgage
Hi all, Just after some quick advice regarding the chances of getting a mortgage. Background - I am seperated from my wife and in the process of getting divorced, I already have a joint mortgage with her, balance is about £38k property value about £120k. Mortgage is paid up to date. My credit history is shot to hell and…
-
Can we get a Mortgage?
Hi I am self employed director of a ltd company with drawings over the last 3 years of £30k (2010), £35k (2011) and £53k (2012). My wife has just started in a new job earning £65k but has only been there 1 month. We are looking to move to a new place, have £100k deposit for a £400k property. Does anybody know which lenders…
-
Bank of Ireland - Mortgage money release
Hi We are planning to exchange and complete with a gap of 2 days. Anybody know how long it takes for Bank of Ireland to release mortgage money once we place the request? My solicitor told me they have told her it can be done in two days even though it says 7 days on paper. Just wondering if someone took BoI mortgage…
-
2nd mortgage - First going into consent to let
Hi, Due to difficulties selling our property we have decided to let our existing property in the short to medium term. Our current lender Natwest have agreed to a consent to let and from a financial point of view we are comfortable that the rent coming in will compensate for our mortgage costs and allow a buffer for other…
-
where is my 99+ years leashold agreement
Hello. About 10 years ago I bought a flat eith a lease. I cant find my lease agreement and am considering selling. My orginal solicitor has since gone bust so I cant contact them. Im wondering where I can find this paperwork...any ideas pls?
