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Complex situation?
Hey. I'm looking for some advice on what seems to me to be a compex situation but probably isn't really. I have mortgage on a flat but in around a years time I would like to buy a house with my partner. I would however also like to keep the flat. By the time it comes to buy the house, i should be at around 75/80% LTV on…
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mortgage
hi I have a small amount to pay on my mortgage and want to buy a cheap property I have seen in Ireland. I do not want to sell my house here at present and am looking for a provider who can let me remortgage my home for around £70k bearing in mind my house is worth around £180k I cannot see the problem apart from the fact…
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Continuing the critical illness / life assurance policies
I recently sold my house and the proceeds paid off the mortgage. The mortgage was on a repayment basis and I have three critical assurance policies with Scottish Widow that were taken out to cover the mortgage. My question is, as these policies only have 9 years to go, will they pay out at the end of the term or should I…
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First time buyer - old default advice
Hi all, My husband and I are hoping to buy our first house next year. We're satisfied that we'll have a good deposit (20%) by the time we apply for a mortgage and we both earn good money so we're confident that we'll be able to pay the mortgage. I just have a couple of concerns, mostly relating to my credit history. It's a…
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Quick Question - Santander internet banking/mortgage
Hi all Does anyone know whether Santander are going to introduce online account viewing/management for mortgages? I have a credit card with them (123) which I manage online and in my accounts summary it shows my Santander (ANMF) mortgage account details but the account is not highlighted so am unable to view. It would be…
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declined a mortgage by santander
myself and my husband were declined a mortgage from santander. the reason they gave was when fixed rate gone we wouldn't be able to afford the £1600 payments a month. However we were going to get fixed rate for five years which would have made payments £1100 and in five years we will have cleared loan that we are currently…
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Paying parents mortage - tax implications
I am thinking of helping my parents with their mortgage as their endowment is not sufficient. Are there any tax implications to this if I make a one off payment(s) to their mortgage, and would I do this direct to the mortgage account or to them? If I were to pay monthly amounts, would they have to pay tax? Thanks All
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HELP Trying to get a mortgage!!!!!
Advice Please..... Me & my partner have applied for mortgage with Halifax we have both been approved for a promise on a 10% basis, my partner has two satisfied defaults both under the amount of £200 (both phone company's, one is cleared this year & one in June 2015 and a credit score off 870 & been in his job for 3 years,…
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remortgage
I have a £37,000 mortgage and im currently on the variable interest only mortgage with the woolwich,im now looking for a fixed rate mortgage and im not sure whether to cash in my endowment which is about £20,000 or up my mortgage from £175pm to £600 pm to pay it off(interest and capital) by going with the fixed rate with…
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Help to Buy Mortgage?
Hello Moneysaving people :) Myself and my wife had been diligently saving for the last year for a mortgage deposit, which we had finally managed to do. However i have recently taken a new job, which came with a relocation to a much more expensive area to live. So, at the moment we're still renting. However given the…
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Newbuild advice please
After receiving two AIPs from different lenders I am considering buying a newbuild house. The estat agent is keen for me to reserve. Firstly, is it normal for sellers to be flexible in terms of price and/or maybe paying something like stamp duty or some extra fittings? Also, what will I be expected to pay prior in terms of…
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Transfer of equity - help please?
Good afternoon! I am after some advice from you lovely people! (Please?!) I want to do a transfer of equity from my ex to my new partner (me staying on mortgage) but the existing mortgage is a self cert with Birmingham Midshire (who ive had no problems with in 7/8 yrs being with them). They have a process for transfer of…
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Mortgage and sulphate attack
We have had a mortgage offer accepted and they went and valued the house. We had our own survey done and there is possible sulphate attack to the floors - we find out next week. If it is and we reduce the price by £15k (from 250k to 235k, mortgage for 130k) would the mortgage company ask why? If so would they then refuse…
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FTB joint tenants vs tenants in common?
Hi there I'm after a bit of advice re a joint mortgage between myself and my long term girlfriend. We are both in our 20s and it is our first place together. As an unmarried couple I am interested to find out a bit more about the implications of signing up as joint tenants vs tenants in common. From what I understand…
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Self Employed remortgaging - business had bad year
Hiya, Just wondering if anybody knows of any good mortgage lenders for the self employed? Situation is this - Got a mortgage and bought a house in 2011. I was employed on approx 24K p/a, at this point OH had been self empoyed with one years accounts at 18K. Halifax one of only lenders who would consider only one years…
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Property valuation when re-mortgaging
Hi, We are looking to remortgage because our current deal comes to an end very soon. 2 years ago we bought our property for what i considered to be good value because previous owners wanted a quick sale and we moved quickly. Now we want to remortgage I want to use our property value to our advantage for the best rate…
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Bad Credit Joint Mortgage
Im hoping you guys will be able to advise me on the following. I had a really bad time with money about a year a go, racking up unsecured debt i really struggled to pay back. Im now with StepChange paying it all back but obviously my Credit profile is shocking. My partner on the other hand is brilliant with money. She has…
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Mothers mortgage Wows
Hello Advice please. My mum (63) mortgage is due to be paid in full next year and she has had the DSS paying just the interest for the past few years, she was always under the impression she could extend her mortgage til she was 75 (abbey/santander) she has now been told the balance of £43K short fall is due to be paid.…
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Mortgage further advance. Am I safe?
Hi. Took out a mortgage on a BTL 9 years ago. (actually a "commercial" mortgage.) Was agreed at £100k (75% LTV) I only drew down £35k at the time. Now looking to draw down the rest (the other £65k). Property value has probably almost doubled, rents increased 65% since then. Pefect repayment history on mortgage. Problem: I…
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FTB mortgage application delined
Hi, after doing a lot of research, and saving up a 10 % deposit, I applied for a mortgage with Nationwide. At my first meeting the advisor took my details, pay slips, ran a credit check (Excellent credit score) etc. She seemed to think that everything was in order, with my finances and deposit. I even moved my current…