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Mortgage haggling
Hi I'm with nationwide and was just wondering how flexible providers are with special off the record deals for loyal non hassle customers. I've been making regular overpayments and have never gone over my overdraft limit - my credit rating is as high as it can be. When I got my mortgage extension the woman was doing…
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Paranoid about declined application
So I am looking for a bit of reassurance here. We had an agreement in principle with first direct for a mortgage 1.85x our joint salary, 85% LTV. They went through quite a bit of my statements (already have a current account with them) during an hour phone call which they could do as I have been with them for ~3years. Went…
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New Buy 95% Mortgage Help
i currently rent in a nice area , had a few problems with the flat (mould etc) but the contracts up in June and i will be looking to buy somewhere with my girlfriend. There happens to be some new builds down the road for around £153,000 that have the new buy 95% mortgage deal available (this is where the government pays…
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mortgage unaffordable following retirement
Can anyone help?!? My mum has a mortgage that has 5.9 years remaining. 9 months of that is fixed term. She is 64. Since taking the mortgage she has retired and her income reduced considerably. She is currently paying £777 PCM to her lender and only actually receives £860 pcm pension. She has used her pension payout to…
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Own research versus IFA advice
Can an IFA access a wider range of mortgages than I could find using online research?
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Pay off mortgages or buy more property with the rent
Can any one give me some advice. I have recently moved in with my partner and we are paying off our mortgage. When I was single i had 2 properties now both rented but on interest only basis(rates are quite low now). My predicament is should i pay off the 2 properties and turn them to repayment mortgages or use the excess…
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whats your daily interest on your mortgage
just worked mine out and its not as bad as i thought at £1.98p per day 50k outstanding @ 1.25% (0.75+ boa for life offset tracker)
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Mortgage Apllication gone in - VERY NERVOUS!
So after being declined a mortgage in October of last year we have decided to bite the billet and try again! We have an agreement in principle - full mortgage Apllication has gone in today! Really hoping we don't have to wait to long for a decision! Feeling very very nervous as we were turned down at underwriting stage…
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Mortgage planning - two years
I am looking for advice here with regards to planning for a mortgage. Firstly, I'm currently on a Tier 1 visa (just been extended, so I have another three years left on it after which I want to go to ILR). Ultimately, I'd like to buy a house in about two years time, so I'm aware that these facts, limit my options slightly.…
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Remortgage - interest only?
I have a part ownership (50%)mortgage (65 thousand) with the Halifax, and have been paying interest only for the last 3 years because of difficulty.They can't discuss with me until March whether they can extend my mortgage or what exactly the figure will revert to, but around an extra 600 pound/month. I'm on a more or less…
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ive seen a house help please re mortage
Hiya we have seen a house for 120000 and have a house worth 85000 to sell. We currently owe 47500 on the current mortgage. How much will we need to borrow for the new mortgage? Will i continue to have to pay off the old mortgage at the same time as the new mortgage? can i pay the previous mortgage off with the proceeds of…
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Moving mortgage advice
Hi, We've found a house we want to buy but it has planning for a single storey kitchen extension that we feel really needs to be done. However it would mean borrowing 20k more and therefore the LTV going over 75% (but under 85%) and hence big hike in APR%. But once the work is done the house will be worth more so the LTV…
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Bankruptcy, defaults but want to get a mortgage
Hi, I did post in the bankruptcy forums but this may be a better place to post. I went bankrupt in 2007 so this will be dropping off my credit files this summer. I also have 3 defaults, which again will leave my credit files at the same time. My partner and I wish to get a home together and try for a joint mortgage. He…
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Fixed rate and moving house
My fixed rate is to end soon and I am looking at another fixed rate mortgage for 2 years. If i were to move house within those two years and need to extend the mortgage would i be allowed/is it easy to move the mortgage and increase it to another house. Are there fees involved, and do all mortgages allow this? thanks
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Ex moved out of home but won't agree to sell
My ex wife and her 4 kids (only 2 are mine) stayed in our marital home after the divorce. She has now moved in with the father of her 4th child and refuses to sell the house. She is not working so I can't be taken off the mortgage. I have signed the deeds over to her, but my name remains on the mortgage. She is now renting…
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Mortgage application before house offer
FTB a bit confused about order of things - I have viewed a number of properties and have got slightly more than a 5% deposit to put forward. As I'm on a fixed term contract, and given it was a 95% deposit, I anticipated there may be difficulties. Anyway, I went to my local building society yesterday and explained my…
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First Time Buyer - Lend a Hand Scheme
Hi All I am new to the forum and looking for a bit of advice. My partner and I have been saving for a house deposit for the past 6 years and finally have our 20% deposit. We have heard about a joint scheme, called Lend a Hand, between our local county council (Leicestershire) and Lloyds TSB to help first time buyers.…
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Changing Mortgage Type
Hi All, I wish to change my buy-to-let mortgage to a homeowner mortgage as I have now moved into the property. 1 - How easy is this to do? 2 - Should my current mortgage supplier not have a suitable mortgage, or do not do homeowner mortgages, can I apply to another lender for a homeowner remortgage, switching type at the…
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Is this possible?
My partner and I both have our own homes and are looking to consolidate and buy something together. He has a house worth approx 200k with a mortgage of 170k, currently on a fixed rate of 5% which is due to finish in May. I have a flat worth 275k with a mortgage of 56K at a rate 0.25 above B.O.E. rate (this is for life of…
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First time buyer help
Hello! First timer house buyer and first time poster on here so please go easy on me lol! Im 27 and have lived at home all my life. I have found a house I want which is really nice. Its a litte terraced and its £65,000, inna good area with a new kitchen amd bathroomm. I have a 10% deposit sorted from family and hope to get…
