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Question regarding the Mortgage and Lost job
If you are paying your mortgage and during your mortgage term you lost your job and unable to pay the mortgage for the next month. You go to your local council and let them know about your circumstance would they be able to help you. Just curious if any help or advice available. thanks
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Ways to build credit, will I be able to get a mortgage before I'm old?!
Hey guys :) I'm 21, my OH 24, and in the next 2-3 years we're aiming to save up enough for a deposit. Aiming to save about 15-20K hopefully... Anyway, been on the old credit report websites ;) OH's score is 854 and 'Fair' on Experian. He has a bank loan of 7.5K (for his car), a laptop on finance and three credit cards. One…
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Remortgage what are the chances?
Hi Everyone, Some advice please, I will try and keep brief! Iam 50 and my husband is 57 in september. A few years back we had quite a few financial problems, I went bankrupt at the time now the 6 years is a couple of months away . We managed to get a mortgage 5 years ago we had a large deposit due to my mum ,it was first…
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mortgage with poor credit score
HI, I am after some advice on getting a mortgage as a first time buyer. I have been in a debt management plan which was set up over 6 years ago. I paid this off in October last year. I am now completely debt free now. My boyfriend and I will be buying a house together and he has a £40,000 deposit. Last year when I was…
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First Mortgage Payment 'Issue'
Hi Everyone I think I've got the right forum, but I'm after a bit of advice with regards to our first mortgage payment, which our mortgage provider thinks they have taken, but they haven't! We recently moved into our first house just before Xmas. In the first week of January, I checked my bank account to see that a Direct…
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Mortgage and moving figures
I'm trying to get my head round some of the facts and figures regarding our mortgage and the possibility of moving house at some point in the not too distant future and was hoping for some advice. Our situation: Current house value (estimated using recent sold figures in our area) - £145-150K Current Mortgage: £142K on SVR…
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FTB Mortgage - Double Mind and Double Troubles
Hi All, Have used this website in the past to learn of how this mortgage process works - some great minds here :beer: I am currently looking to purchase my first property and have found the following: 1)3 bed semi-detached with schools nearby. 2) It's in a desirable area where property is sought after 3) It needs updating…
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Joint mortgage but smaller deposit?
My little sister is looking to buy her first flat and is considering buying with a friend and getting a joint mortgage so that they can borrow more. She has been saving for a couple of years and almost has a deposit but her friend has no savings just yet. When taking out a mortgage is it generally assumed that the deposit…
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new current account during mortgage application without overdraft?
I know that the general rule is not to do anything to change your credit reports during the re-mortgage process. We have a low LTV and no missed/late payments ever. I want to change both of our main current accounts due to imminent changes to both of them - if you apply for a new current account but with no overdraft…
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Together Mortgage with Unsecured Loan NRAM
Hi, Just wondering if anyone know the current rate the unsecured loan would revert to if I sold the property and cleared the mortgage.
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When do I need to pay stamp duty and other fee
Sorry if my question is silly as I am not an expert in mortgage things..:eek:. My mortgage application is in process and my survey just done yesterday 14th Jan'13 (supposed to be on 17th Jan'13 but my state agent emailed me that it has been done yesterday). I just received a message from Nationwide that the valuatin is…
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Northern Rock - Refund / Rebates?
Has anyone heard anything about the northern rock sending letters out to everyone with a mortgage with them because they have been over charging people for their mortgages so they are giving a refund/rebate for the over charges? Appartantly they are sending the refunds out within 8 weeks... Sounds too good to be true but…
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C&G messed up my consolidation. need help
Hi Just need some people with knowledge of mortgages to maybe help me. I fell into arrears over the last 5 years due to a marriage breakdown and my building society contacted me a couple of weeks ago to offer consolidation of the arrears. I was a bit wary as I am on a very tight budget and cant afford to pay out much more.…
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transfer of deeds when mortgage still in both names
I am very confused and wondered if anyone could help.... I have spent the last 3 years going through court for my son and my house. I have a non molestation order and non residence order against my ex partner. I have also just managed to get a court order for the transfer of the house deeds into my sole name. My solicitor…
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Adding stamp duty and fees to mortgage
Hi all This may be a silly First time buyer question so apologies if obvious. We will be buying a house shortly and i know you can add stamp duty and arrangement fees to the mortgage itself. My question is does this reduce your ltv based on your deposit Numbers used are approximate but similar to likely purchase House…
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How can I get a mortgage wit a bed credit rating
Hi I have a garbage credit rating with missed payments and a couple of payment plans along with other bits no ccjs me and my partner are having a child my 1st her 3rd she is not working. My parents were going to get us on the property ladder in his name and pay them back to eventually buy the property off them when I…
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Mortgage Insurance
Hi FTB here - just wondered if you needed to take out mortgage insurance.....I have been asked by my mortgage lender - "Full details of what provisions you have in place in case of being unable to work due to accident, sickness or unemployment" If I said nothing then would that go against me?
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Stupid q... please help clear this up
Argh.. I have had so much conflicting advice I don't know what the right process is anymore! Basically I learned the buying process as is in England (you can offer then worry about getting a mortgage in place but often this falls through etc etc) before realising it is totally different in Scotland. I spoke to a solicitor…
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Mortgage on house bought with loan from family
OH and I bought a house 2 years ago with the help of Dad and Step-Mum acting as our "mortgage lender". We have a three year contract, with us owning 15% of the property, with the remaining loan of 85% registered as a charge against the property and paid back with interest every month. The agreement can be renegotiated when…
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Right to buy mortgage mis-sold
Advice given
