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Want to Quit My Job Before Mortgage Completes
So here's the story. I'm trying to buy a new build flat, but unfortunately it's been delayed by about 4 months. Meanwhile, I hate my job, and I'd like to quit. It's the first job I've ever had problems with, and I think its starting to make me ill. I know that my health needs to come first, but I really want this flat, but…
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Reading mortgage table: reversion rate for TERM period?
Hello, I was trying to learn how to read some mortgage tables and I've seen some of them where the mortgage period is detailed as TERM (so I was guessing that was referring to the whole length of the mortgage?) but then there's another column with a different % for reversion rate. Example of an offset table, do you know…
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Please help, how do i split the debt?
Hi everyone, i have been reading through this forum and it seems to be full of great advice. I am hoping someone out there can help me. Like many i have a together mortgage with NRAM. The outstanding balance is £106500 made up of £79500 mortgage and £26700 unsecured loan. Me and my wife ( separated for 1 year now, but not…
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Nationwide Newbuy Mortgage issues...
Hello, First time poster long time lurker. We applied for a Nationwide Newbuy mortgage about 3 and a half weeks ago. We're currently on Nationwide's BMR and also bank with them so wanting to port £140k of the £227k we need to borrow. We're buying a house with Charles Church for 250k. We already have a Newbuy mortgage offer…
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Getting your deposit back
Son is looking for a mortgage and advisor mentioned that he could apply for his deposit back after six months (which would mean he would have a 100% mortgage). Does anyone know if this is true, has anyone done it? It seems unlikely but I would have thought he wouldn't say it if it wasn't true.
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Moving house and early repayment charges
My current mortgage agreement states that if I move house, I can take the mortgage with me, but I was wondering what would happen if I needed to borrow more money for my next house purchase. Would I effectively be limited to either borrowing more from my current lender, or paying the ERC; or would it theoretically be…
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First direct - anyone completed recently?
Evening all, Just a quick question to anyone who has completed a house purchase with a First Direct mortgage recently. I'm trying to budget for the months around the purchase and want to get a handle on the first couple of mortgage payments. We are aiming to complete around the 12th April and have asked for 1st of the…
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Initial Payment Confusion...
Hi all I am very concerned about the very first payment where Nationwide want over £2k from me when my normal mortgage payments will be closer to £1k! I'm on a 95% LTV Save To Buy at 5.69% Fixed for 4 years. Total mortgage is £227,951 over 40 years Nationwide state that "An initial payment including interest charged in the…
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old endowment policy
My partner used to have a flat in early 2000. Prior to gettting rid of the flat he had remortgaged it when his then partner split. When the house was remortgaged he continued to pay the joint endowment. The remortgage was through northern rock but the endowment was with lloyds tab. Where does he go to investigate this? and…
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Changing mortgage whilst no income???
After being made redundant last year I found out I was pregnant with twins so decided to wait before returning to work. My mortgage company allowed me to move onto interest only for 12 months and advised me at the time I could do this for a max of 3 yrs through out the term of the mortgage with them. However, upon…
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Will i get a Mortgage with 6 late payments
Hi My wife and i will be applying for a mortgage together next month. Her credit history is excellent with a 999 score in experian. Mine however is 975 as i have 6 late payments from a second mortgage that was settled in dec 2008. Will this affect us getting a mortgage? We are looking to buy a property worth 320k with an…
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Options for catching up arrears and re-capitalisation
Hi, I have arrears on my mortgage after a redundancy. I actually kept up the interest payments, but we are in arrears of over 6 months. I had a Bankruptcy in 2007 that is due to fall off this year, I want to look to sell the house in the next year so dont want to recapitalise the mortgage as is being suggested by RBS. This…
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Shared Ownership 85% LTV - best deals??
Anybody know any good shared ownership deals on a new build house with 85% LTV. I did intially have a 5% deposit but have upped that to 15%. I would like a fixed rate preferably. Your time is appreciated. Regards
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Advice please!
Hi Ihave posted on this forum a while back but need some advice! So please no comments about asking same questions as I am just trying to find all options thankyou! Can anyone tell me about having a default on credit file! I have satisfied mine but it is less than 6 months old. Does this mean I won't be able to get a…
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Mortgage due for renewal soon. When should I look?
My mortgage deal runs its course in July. When should I be looking to get a new deal in place? Is London and Country still the best place to use?
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Nationwide Fiasco
7/12/12 - Applied for £50K further advance on a property valued at £220,000 current mortgage £700 13/12/12 - Satisfactory valution 13/12/12 - Request my accountantants detail, sent same day 20/12/12- They say never received accountantants details, resent 2812/12- They say never received accountantants details again, sent…
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FYI natwest and coventry bs credit report
Just like to let you know that due to experience the coventry and natwest have only used Equifax for credi report :)
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GAAAAHHHH!!?? Does ANYONE get a mortgage these days?
I've been struggling for a couple of months now to get a mortgage and it's so frustrating. House I love is available for offers £560k. I'm divorced and will be buying the house with my also divorced Mother. We have £300k in cash as a deposit. Mum is selling her house and will be throwing another £100k into the pot, leaving…
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Getting a mortgage on a self build with an agricultural tie.
Ok so my husband and I have been banging our heads against a wall for some time now trying to raise a mortgage to finish our house. We have an equestrian stud that we got planning 3 years ago to build a property on so it has an equine tie on it. I understand that is different and more restrictive than an agricultural tie??…
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Fed up waiting ...... Am I nuts?
Hi All First time on here! I've been going through a mortgage application for the last 2 weeks and they've had all the opportunity to find things wrong and so far all ok. The last info they asked for was original copies of everything they have already seen which was all posted registered on Saturday. I'm just going mad…
