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Mortgage advice
Hi everyone! This is my first so please be very gentle with me! I've been lucking for a while and read some excellent advice which I've used for my own situation and needs. This time I was after some advice and hopefully I can get an answer to confirm if this is an option or not. Basically me and my wife have moved into a…
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Help? Think we have been misold insurance on our mortgage application.
Hi there, Wondering if anyone can help. Last Saturday we went to our Mortgage consultant to hand in evidence for a Leeds B/S mortgage which we had been provisionally approved for. As we were doing this the mortgage consultant was bombarding us with building/contents insurance, life insurance and income protection…
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Mortgage Advice please?
Hi everyone, My mum is 47 with 2 dependants. She is set to receive around 95k from her current house as a divorce settlement. The houses she is looking at are around 125k She has a small part time income of around 4-6k pa. She also receives benefits. I have been looking at mortgages on compare sites etc and they never…
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Got My Life Back - Thank You
Back at the end of January I was in dire straights after being a complete clown and idiot with credit cards. I had £56k of debt and was slowly disappearing on my way to oblivion, with no one prepared to help. I had been through 2 FA's who did their best but could find no lender to help consolidate my debt with a mortgage.…
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Getting second opinions on mortgage advice?
I have had a mortgage illustration from one mortgage advisor recommended by a friend, but I'd like a second (or third or fourth!) opinion... Is there any reason (legal or etiquette) I shouldn't ask other mortgage advisors for their advice too? I have had trouble finding good independent advice, apart from this one person.…
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to pay off or not pay off?
Please excuse my denseness, but I am in the forunate position of having only £10k left on my mortgage (ive been paying into it donkeys years), term due to end 2017. Im unsure of what to do next. interest rate on the mortgage is 2% tracker. i have isas, which I'd rather not touch as Im single and will have a small pension,…
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consent to let
I am in the process off buying a house .I dont need a mortgage however I am considering renting my existing house . I have a mortgage with woolwich /barclays . Is this transferable ?and if so will I be allowed to keep the same rate. The rate is 0.68% which I am reluctant to loose
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Financial Advisors in Worcestershire?
Hi, my first post on these forums so hello to everyone :) I was wondering if anyone could recommend a financial adviser in my area? Myself and the girlfriend would like to look into getting our first mortgage. There are so many, we don't know where to start! Many thanks in advance, John
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To buy or not?
I currently rent at £300 pcm I earn £24,600,i am a single parent of 1 child. Im seriously thinking of buying a house The only problem i can see is my age? im 35 on friday. Im looking at houses that are in the region of £90,000. My question is do you think i have left it too late to buy considering my age? Thanks. x
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Not on electoral register
I am guessing when applying for a mortgage that you have to be on electoral register. Can anyone tell me if you have to be on it for so long or can you just get put on electoral register 1 day and apply for mortgage straight away. For 1 reason or another I have never been on electoral register.
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Mortgage and life
Hi All, I currently live with my girlfriend in a shared house, I have 2 children from a previous marriage that I have stay every other weekend, My house mates don't get on with my children and tbh, why should they have to deal with the noise children inevitably produce in a shared house they pay for. I stay at my parents…
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Buy to let & residential with santander?
HI. We have a buy to let mortgage with Santander for 131k, no problems 125% cover rent & no payment problems for the 8 years we have had the property. We have £10k in there & would like to purchase the house we rent at the moment. We have a late payment marker & 2 defaults between us, everything else satisfied. My question…
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Some hope!
I write this post as someone who has been both a 'lurker' on this forum and as someone who has posted looking for some advice / reassurance a couple of times. I guess this post could go in the 'Debt' section too, but I have chosen to post it here. My finance and I got together just over 4 years ago. Shortly after moving…
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Want to move, but not sell?
Hi We are looking to move area in 2014. However, I want to do a little bit of pre-investigation of how this works before getting my accountancy hat on. At the point of moving, my (well sounded) predictions are that* We will have approximately 36% equity in our home (64% owing) * This is assuming a £200k value * We will be…
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Probably a stupid question, but how do 'in principle' mortgage offers work?
My husband and I are first time buyers and we've sadly lost out on the house we liked recently to another couple in the bidding process. We of course don't know what their final offer was, but I read somewhere that a agreed mortgage in prinicple can make you more attractive to sellers. I don't quite get how these work…
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New Buy mortgage completion
Hi All, We are due to complete on a New Buy Mortgage, however, the builder has advised us that once the CML has been completed they cannot complete for another 14 days due to government rules. We've asked the bank and solicitors and they aren't aware of this. Has anybody else heard of this or experienced this? Thanks.
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Co habit - can she claim?
My wife and I had an Islamic marriage 7 years ago and purchased a house in 2010. We did no have a civil ceremony, she is now leaving me I right in thinking that if I continue with the mortgage payments and she lives elsewhere she can not claim half the property in a f ew years time? my parents are helping me pay a large…
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FTB Mortgage Advice
Hi I'm looking at buying a house but don't know which lender to go with and need some advice. My salary is low 15000 but with overtime this would be a little over 19000. I spoke with the Co-op who said they can't take the overtime into account but have seen other lenders who do. I'm looking at a property price of…
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Endowment has matured, will I get the money?
23 years ago I defaulted on a mortgage. The mortgage was jointly taken out with my then girlfriend. A Mortgage Guarantee policy was taken out and paid by us as a condition of the mortgage application being accepted. We split up, went our separate ways and the flat was repossessed. For four years we paid into an endowment…
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Gaining mortgage agreement
Hi i have managed to gain an AIP from Nationwide for a joint mortgage with my partner but as i am starting work very soon i don't have any payslips,my mortgage broker has told me that they only need an employers reference which he managed to get,do the underwriters still need payslips to process a final agreement or is he…
