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Advice on my options :(
Hi there, I was wondering if someone could give me some advice... Here goes... In 2001 my girlfriend and I bought our house together from Leeds nd Holbeck building society for 28k, few years later we remortgaged with leeds and took another 15k for home improvements etc. just before we split we took another secured loan for…
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Offer has been accepted, mortgage application made,but now like ANOTHER Property!HELP
What would happen in this case? House 1 was liked, an offer was made, and accepted Mortgage application has been made (through a broker), it has been 1 week. but now like another property, House 2 and as nothing has been signed (verbal offer) can we pull out of house 1, and make an offer on house 2, (and if it is accepted)…
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Best Mortgage provider for mortgage properties
Hi, I am considering bidding on a property at auction, however I will need a mortgage for part of the property. I am aware that if you are unable to complete on a mortgage within 28 days after the auction then you can lose your deposit. Does anyone have any experience/anecdotes of buying from auction with a mortgage and…
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Interest only or repayment?
We have about £33k left on mortgage ending in May 2019. £1K is repayment and remaining £32K is interest only. OH has policy maturing in 2017, target £23K, likely to be c £17K. Mortgage is 2.5%, unfixed so no penalties for overpayment and we consistently overpay around £220 per month as well as some lump sum payments and I…
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Mortgage question.
I need to release funds for some home improvements.I own home outright but do not have great credit history. Would I get one without any problems? thanks for help.
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NRAM mortgage question
Having some financial difficulties just now, thinking about vol repossession, can anyone tell me how long before first missed payment that house gets repossessed? We have somewhere to stay just in case. Are NRAM sympathetic to people in financial trouble?
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Mortgage applications How many days/weeks do they take (from Start-finnish )?
When picking a house, and deciding to purchase it, and applying for a mortgage from a broker, then how long does it take for the mortgage to go through? and get started? from the moment an application is made? what are the stages ? and how many days does each stage take ?
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Yay Completed TODAY
Over the moon getting my new home today, i can put all that stress behind me now :T Hope everyone best of LUCK with theirs.:j
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short fall in mortgage
Hello can anyone offer some advice on this please. In August this year my 3-part mortgage is due to end. Part 1 covered by a guaranteed endowment with some over. Part 2 due to pay of in August completely. Part 3 interest only - I was relying on the endowment covering that fully but I have £12,400.00 shortfall. My…
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£30k shortfall. Please read..
http://www.consumeractiongroup.co.uk/forum/showthread.php?372898-Enact-want-£30-000-Mortgage-shortfall MSE seems to get a better audience coverage.
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Scam / for real?
My friend has got a letter from her mortgage company. It says that they have been told she doesn't live there and there is a form to return that says if you know where she lives then tell us. The letter is signed: Customer Service Associate Mortgage and Reconciliation Services Is this a scam or for real. How don't the…
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shared ownership and the freehold
I know that if you are buying a property that is leasehold, then after you have paid it fully you can obtain the freehold. My question is this, if you are buying say 50% on a leasehold and you have paid it fully, can you obtain the freehold for your share, or is this nonsense? I am asking this because I am aware that it is…
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Halifax Mortgage Problem
Hi, First post here and I am really hoping someone can help. We have a mortgage with Halifax which is split into 2 parts: Part 1 - 5 year fixed rate at 7% Part 2 - Tracker at 1.8% We took the mortgage out 4 years ago when we moved house, we took the tracker with us and topped it up with the 5 year fixed. After 4 years the…
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Can I give notice to my Employer?
Hi..Please help..I am looking to buy a property. Got my house offer accepted and lender survey completed. ie., mortgage process in place. Now starts the story..I read on the internet that lenders would normally look for employment of 1 year or more. I am a permanent employee working with my current employer for 2 years.…
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How much will the bank lend me?
I am looking at moving house, I currently have a mortgage of £75,000 and have about £90,000 to put down on a new property. I want to port my current mortgage on to my next property, however my question is how much more will a bank lend me based on an income last year of £49,000?
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Mortgage shortfall NRAM refusing to help
Hi, I really need some advise as i feel like i have no where to turn. I've had a property for sale for over 2 years and finally received an offer for £42500 this week which in my opinion is a light at the end of a long tunnel. Issue is that if this offer was accepted there is a shortfall of £13k. I've spoken to NRAM who…
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Mortgage self employed? Confused
Hi guys I've been working ina hairdressers for the past 3 years employed, however my boss has asked me if I want to go commision only which would see me better off. However I was planning on getting a mortgage later this year and just thought, if I go self employed would that mean my chances of getting a mortgage would be…
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How to respond to Bank of Ireland
Since Bank of Ireland has decided to treat its UK customers with utter distain in increasing their variable rate to loyal customers I suggest a mass response and boycott of all Bank of Ireland products. This is easy as all Bank of Ireland products ( mortgages, savings and credit cards) are sold under the Post Office brand.…
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Barclays/Woolwich Mortgage Reserve Withdrawal
We took our fixed rate mortgage out with the Woolwich, which then became Barclays, about 6 years ago. It came with a Mortgage Reserve which was an approved overdraft calculated as the difference between the value of the house and the outstanding mortgage balance so the facility increased as the mortgage balance reduces. It…
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how fast have you completed/exchanged?
Hi wondering how fast people have managed to complete or exchange at the least. I am in process of buying, am at stage where offer is accepted, application is submitted (HSBC.... EEEKKKKKK!!!!!!) since this past monday (11th march 2013). What is realistic date of completion? my situation is: FTB property 300k deposit 100k…