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Getting a mortgage with a fair credit score!?!
I'm wanting to get a mortgage but don't have the best credit rating around, it's fair with a score of 777! I've never had any CCJ's and currently have no outstanding debts whatsoever! I'm just wanting some advice on the possibilities of getting a mortgage and the best way of going about it!!
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Excellent Score but no joy
Hi all, I've been a fan of these forums for a while but am at hoping for help/advice as I'm struggling to find any light or clear idea of how to move forward. I have an excellent credit score (998/1000 with experian) I have a CCJ which is over three years old for £236 which was paid off immediately. I have a default on a…
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Remortgage for us oldies!
I am looking to remortgage on my salary of 35,000 p.a. a LTV of approx 55% (current value 240,000) current mortgage is 82,000 I need to borrow 125,000 to give my husband a lump sum as a divorce settlement. The problem is I am 53, I aim to retire at 65 and have a pension of approx. 17,000 payable from 60. Is my requirements…
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FTB mortgage application
Hi all I received noticed that my landlord is selling. Anyway mortgage adviser got me an AIP (despite me only wanting a chat). Over the next few days had an offer excepted and applied for themy mortgage Wednesday. It's all moved a bit quick. Now it weeks very real and i'm extremely worried thatvtge application will come…
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Survey booked- good sign?
I applied to port my mortgage 11 days ago and today got a text to say a survey was booked for tomorrow. Is this a sign that a mortgage offer is likely, subject to survey, or do they just get booked in anyway before it's got to the underwriter?
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Porting Mortgage and Borrowing More
Hi I was wondering if anyone can give me some advice. I am in the process of selling my flat and porting the existing mortgage and then borrowing more to enable me to buy the house. The figures are below: Mortgage being ported over: £181,000 Extra borrowing: £124,000 Value of Property: £365,000 My existing lender…
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Am I missing something re these rates?
I am looking at two different rates that Nationwide have for current account customers and I am confused as one seems so obviously better than the other. They are both 4 year fixed rates as follows: 2.59% with a £999 product fee - cost per month for what we want to borrow = £511.62 2.89% with no product fee - cost per…
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Question regarding kensington extension?/or options?
Hi thankyou to all replys in past, Have posted before about options regarding outstanding mortgage approx equity 300k mortgage intrest only 142k only 5 years left so no way to pay. Have spoken to broker who applied to abbey who aip on credit searchs but I checked application form and abbey will not do ex bankrupts however…
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HSBC Tracker products - 60% a bit sparce
I'm currently with HSBC on an 80% LTV product, looking at injecting some savings into the mortgage to bring my LTV down and get a better rate. Looking on their site, the best rate on tracker seems to be at 70% LTV unless you want to pay a whopping fee, is there any reason for this does anyone know? Currently 70% LTV is:…
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Joint mortgage and a guarantor.
Hello First off let me say I'm pretty new when it comes to understanding mortgages so any help would be great. Here goes; Me and me partner are both saving for a deposit and we have worked out we can save around £15,000 - £20,000 in 16 months. We are probably going to go and save that with Nation wide 'Save to Buy'…
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Can I delay settling mortgage to avoid ERC??
I want to put my home on the market but my fixed rate mortgage deal doesn't expire until 30th September. I'm not making an onward purchase, so my question is: if I sell my property before then and am likely to complete before end of September, is there anything to stop me delaying settling my mortgage by several weeks, in…
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FTB Mortgage - 3 Months Statement
Hi All I am in the process of getting my mortgage sorted out. I need to provide 3 months statements which show my wage going into my account.. my question is: does the statement have to show every transaction or can i get my bank to print off a statement which only shows my wage going in? thanks
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Mortgage deal coming to end - value of property?
We bought our first house 3 years ago, and the current mortgage deal runs out so I am shopping around for a new mortgage. What I am a bit confused about is do you need to have your home revalued if the value has increased? Or who decides what is a reasonable current value? I know roughly what the current value should be…
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First Time Buyer
Hi All, Me and my partner as pursuing purchase of a new build property on the government scheme FirstBuy (please no comment on this, it works for us). We are looking at purchasing a property at £150000, with a 5% deposit coming from our self and a 20% coming from the scheme. We applied for an agreement in principal from…
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buying 2nd property to live in, and keeping 1st to let - help, where to start?
considering upgrading to bigger house but want to try and keep our existing family home and rent it out. no idea where to start on best way of financing the purchase and accessing existing equity in our current home. know we'd have to switch to buy to let mortgage for our current home if we did this, but what's best way to…
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Payment Holiday
Hi All, The Wife and I are coming to the end of our two year term with RBS and are looking to remortgage however, with plans to start a family in the next year, are looking to arrange a mortgage which allows payment holidays (6 months or similar). RBS have given us the hard shoulder on that one. Does anyone know of any…
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Should I cash in endowment to clear credit card
My husband and I have a mortgage with 11 years left to run and was originally and endowment mortgage but since changed to partial repayment - currently stands at £100,000 and is split that £30,000 is interest only - rest repayment with a local building society on variable rate which is 2.5% - currently our endowment is £99…
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Online Mortgage Disappeared
My mortgage account has disappeared from the Halifax online banking. Has anyone else has this? Just wanted to check before I phone them..
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Offset buy to let
Hello all Does anybody know if I can get an offset buy-to-let mortgage if I don't have another property to secure against the loan? Our situation is this: We own a one bed flat which we moved out of when our baby was born. We're now renting a 2 bed and renting out our own flat on our pre-existing mortgage (with consent of…
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Transfer of equity advice
Hi My partner is currently on a mortgage with his ex and now I want to go on the mortgage. He has a poor credit score and mine is good. I have monthly commitments of about 500 a month but earn 27153 which is more than his ex and he earns 22000(26000 with overtime). The existing mortgage is for 83000 but they o/s is 77000.…
