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First time buyer - I have excellent credit, partner does not
Hi everyone, I wondered if someone could help? My partner and I are hoping to buy a property within the next year. Ideally we would like to find (hmm) a 95% mortgage but failing that we may be able to take advantage of the new Lloyds Kick Start mortgage (parent puts 10% in savings account with Lloyds, we front up 5%). I…
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Advice/Tip - FTB relatively strong financial position
Hi All, I am currently buying our first house, having rented for the last 12 years. I believe we are in a relatively strong financial position, but would be interested in any advice/tips on how to make the most of this. We have had an offer accepted on a house at the weekend for £340,000 (Freehold, not new build,…
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Buy to Let but living in a rented house
I have a mortgage on a property that i have now moved out of and had a "certificate to let" from the mortgage company (woolwich). Now the mortgage is up for renewal soon and they say i cant have a buy to let mortgage because one of the conditions is i live in a property i own? The house i live in is rented as part of a…
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advice on having two providers
We are thinking about moving house and as I have such a good deal with my current mortgage I have confirmed that this will be transferable to new house with my provider. I am going in today to get a formal offer for another mortgage to make up the differance today which will be on there current terms. What I'd like to know…
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AVCs as mortgage repayment investment vehicle
I wonder if anyone can advise me whether the following stacks up as a coherent plan. I have the benefit of membership of the Local Government Pension Scheme and I earn a good wage. I have recently extended my mortgage borrowing for home improvements and would like to begin paying into AVCs as an additional mortgage…
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First Time Buyer - 90% LTV Advice Needed
Hello, My partner and I are currently trying to get on the property ladder and would appreciate any advice that we can get. We have seen a property that we like and we have made an offer, which has been accepted today (subject to valuation and mortgage acceptance), of £102,000. The property has recently been valued by two…
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Need some advice please
Can you help me please I am due to renew my mortgage in May. I have a balance on my credit card of £1630 which I am currently playing off will this have any affect on the renewal. Your help is much appreciated.
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Linked address issue - mortgage rejection
I recently applied for a mortgage with Abbey and was turned down because of "linked addresses" on my credit report. When I investigated I found one was from 5 years ago when my daughter moved out and changed the address on her mobile phone contract which was in my name - she then made the 3 final payments late and it went…
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First Time Buyer in Scotland (Solicitor?)
Hi, ive never had a mortgage before nor have i ever had any kind of dealings with a solicitor, what i would like to know is when do i get a solicitor involved? Right now i have a deposit and have a MIP from HSBC which is just a bit of paper the website told me to print saying how much they might lend me, dont know if it…
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FTB Multiplier single income 4.5 or 5x?
Hi All, So i'm looking into mortgages, the online calculators are suggesting for my £41k salary (includes a bonus) I can get around the £200k mark, which is roughly 5x. I rang L&C today and they suggested 4.5x is pretty much what they would expect, and not to get an Offer/AIP until i've had an offer accepted... My issue…
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Best Mortgage?
Hi What would be the best mortgage for financing a house renovation. Would it be possible to buy a run down terraced house with some equity i have in a house i already own?
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Mortgage/Current Account Advice
Hi, I am looking to take a mortgage out over the next 6-8 months to buy my first home with my partner.I have an appointment to open a Nationwide save to buy account to maybe take advantage of the 5% mortgage offer, if I cannot save a larger deposit. I want to get my banking in order so I am in the best position possible to…
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Mortgage advise needed please!
Hi all, I am after a bit of advice regarding my parents mortgage. The recession hit us hard a few years ago and unfortunately my parents were forced to remortgage the house in order to get some quick money from the equity to help pay for bills etc. They are now only paying interest only on their mortgage! They are both in…
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Buy to let mortgage
How much deposit is needed on a house buy to qualify for a Buy to let mortgage?
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What are my chances?
I need a 2nd mortgage for £150k. I own a property worth £1.2m & have £600k equity in it. All good. However, I've just lost my job. Any ideas?
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IFA in Leeds
Just wondering if anybody can recommend an IFA in Leeds, West Yorkshire? We are looking for a mortgage and want to discuss our options with a whole of market advisor. Thanks!
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A non-homeowner getting a buy to let with 90% LTV?
Just wondering how likely this is and would appreciate the benefit of any advice. I've seen a property that is for sale as a rental investment as it has tenants currently living there on an AST. It's in an area that I could see myself relocating to in 18 months to 5 years time, but I currently live and work in London. Is…
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NewBuy / First Time Buy advice
My husband and I are trying to get on the property ladder - we've been renting for 9 years and want to make our first property purchase. We've visited a couple of developments and had a discussion with an mortgage IFA. During the discussion, he advised he would place us with Abbey (Santander) even though out situation was…
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Mortgage rescue scheme
HI I am hoping someone may be able to give me some advice. My Mum passed away a month ago and left me and my brother thehouse (which I live in now and did so with my Mum) The house is worth apx£170,000 and we still owe £50,000. I am on disability benefits and my brotherhas a default on his credit report and we can’t get a…
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Advice on debt b4 applying for mortgage
Hi split with my long term girlfriend a while back and cause i didnt want to get caught up in the trap of all my money going on rent and bills so i'd struggle to save i moved back in with my mum so i could save a mortgage deposit but i've been here long enough now so need to get out asap! I'm hoping to get a mortgage in…
