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Nationwide mortgage question
Hi, Does anyone have any experience in how long the finance took to come through to the solicitors. Our solicitor has said that Nationwide normally take a while to transfer the money and we can speed up the process by paying an extra £25. Our vendors want to complete at the end of the month which would also be suited to us…
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Nationwide Mortgage
Hi, I'm a first time buyer and also new to this thread. I just wondered if any one had some advice/experience of using nationwide as a lender? My girlfriend and I had an offer accepted on a maissonette about the 20th Jan 2013. We are using Countrywide Mortgages after a referral by a friend (won't be my friend much longer!)…
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Fast track remortgage
I am looking for a fasttrack mortgage, had one last time with santander, interest only. I overpay. Any good deals out there? Owe 145000 value is approx £210000 never missed a payment in 7 years. Many thanks
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Residential Mortgage sold on a commercial property
In 2006 my wife and I bought a property in Wales on a residential mortgage. We new it used to be a B&B however hadn't been used as one since 2000, we decided to put it on the market in 2008 we had several offers but the people interested came back with the same problem. They couldn't get a mortgage because it was a…
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Letting a Negative Equity property
I have a situation and im not sure what is the best way to proceed forward. I bought a flat on a 100% mortgage, 5yr fixed rate. I lived there for about a year until i met my girlfriend. Living there was logistical nightmare so i looked to sell but house value had fallen below outstanding mortgage and mortgage had a £5k…
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Is my new home refurb or new build?
This sounds like a stupid question, but even my potential mortgage lender isn't sure! I want to buy a house which is part of a development of new build and refurb properties. The property I'm interested in is two houses that have been knocked into one and then completely renovated inside. I would say this is a refurb, but…
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Bank of Ireland & Post Office
After the current debacle with Bank of Ireland increasing its base tracker rate from 0.5% to 4.49% to it UK customers (based on small print on a mortgage taken 20 years ago.) However what is not being publicised is Bank of Ireland are still selling all their financial products in the UK fronted by the warm and fluffy Post…
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whats my options
Hi Been on the sick with depression, works paid me in full for a while but now I'm on half pay, going to struggle to pay my mortgage what can I do? dont want to end up with my credit score being effected. MB
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DLA question on Mortgage
Hi all I'm hoping someone knowledgeable will help me. I've recieved a question back on my mortgage application regarding a DLA payment that goes into my bank account. This is for a long term illness. I work full time - running a business for the last two years which employs two people and turns a good profit. Will…
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Mortgage wanted - no current income
Hey, I'm currently a student about to graduate, I've secured a job that starts in september on 26500 per year with likelihood to rise every 6 months. My job is in a new location, and id like to buy a house or flat in august. I have a 30k deposit and I'm probably looking to buy a house for about 120k. I was wondering if…
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Credit file clean up success :)
I first obtained a copy of my equifax and experian credit reports in October 2012 in preparation for applying for a mortgage at some point in 2013. On there was a 'deliquency' balance of £1 from O2 which almost cost me my new job with a bank. Two missed payments on barclaycard from may 12 and oct 12. Four missed payments…
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First time buyer mortgage advice
Howdy folks! :) We are finally taking the plunge and looking to buy our first home, therefore I have been doing my best to look into all of the different information and find the best mortgage deal for us and our situation. Problem is, I am starting to get that feeling like when you are cramming for an exam and you are…
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So if we fix for 2 years...?
... Would we be best off overpaying like mad for that time??? I'm thinking that if we only pay the basic repayment each month then come the end of the 2 year deal we won't have paid much off the loan (as would've mainly been paying off the interest right?), and then when we come to remortgage we'll end up remortgaging for…
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How do lenders calculate possible lending?
I suppose all lenders may be different but how is possible lending calculated these days? Do they work on income multiples any more? What happens about loans etc are they deducted?
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making an offer
How do you know what a suitable offer is for house is likely to be accepted. is it what you think the property worth?,Or how much do want the property?,Or just a random figure you believe will be accepted. Its a difficult decision.
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5 or 7 Year Fix
Hello Can anyone provide any comments on whether to fix my mortgage on a 5 or 7 year fixed rate? My current deal comes to an end at the end of May and I have been to see my existing lender today and they have offered me 5 years fixed at 3.39% or 7 years fixed at 3.79%. I have an LTV of 56% and have 25 years remaining on my…
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Taking the biggest mortgage i can out
Hi All, In need of some expert advice again. I am currently in the process of looking for a house and have been quoted that from a broker the max i could borrow is [FONT="]£222,000, so would mean i could get a house valued at around £247,000. I have been trying to find out how realistic it would be for me to be able to…
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Can I get a mortgage as a temp
Hi Guys, Could anyone tell me if i would be able to get a mortgage under these conditions: I'm 25yr old male, have a temp job that pays me £16,000 per year for the last 2 years. I also am a sole trader with self employed tax returns for the last 3 years. In this tax year 2012/13 my taxable income from self employment has…
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Expected retirement age?
Just wondering why banks ask you to pick your own retirement age (calculators), when I thought this would be limited to 65/67.
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London & Country
Hi, Newbie message ! Has anybody else had problems with London & Country?, I know Martin rates them, but on the basis that they will not phone me back I can't comment other than to say that a company that doesn't respond to contact requests doesn't fill me with confidence...
