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NRAM's Consent to Let Fee increase
This has been mentioned in one or two threads but I thought I'd repost here to properly highlight this change. Many NRAM customers who rent out their property previously had two options, a 1 year application for Consent to Let costing a £100 'administration charge', or an indefinite consent to let (if you had an LTV of 70%…
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Is there ever a chance of getting reduced early repayment charges? Other options?
Hi all I'm pretty certain I know the answer to this and my apologies in advance if it is a bit of a stupid question. But I'd hate to miss something and so thought I'd check for peace of mind...... My partner and I are 3 years into a mortgage which is a 10 year fixed. The early repayment charges are: £3,800 in the first 5…
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Which mortgage calculator was it?
Going back a couple of years I regularly used an excellent mortgage repayment calculator, whereby you could adjust it with overpayments etc. The pages were blue and yellow. I can't for the life of me think what it was called and would like to use it again. You can see the drop down monthly repayments over the life of the…
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Stepping OFF the property ladder?
Hi, For numerous reasons mentioned in other posts, my Husband and I are considering selling our home to my In laws (its too small for us and they need to downsize) and renting a larger home, for a maximum of 2 years while we build on our deposit, hopefully meaning we will have around £40k when the time comes. Is it foolish…
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Possibly a complicated remortgage??
Hello 13 years ago myself & my partner took out a mortgage with TMB. My partner had poor credit & we were advised by an IFA to go with TMB as the mortgage could be in my name but could include my partners income. This is what we did & we have been with them ever since. We have moved 3 times & been on numerous different…
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mortgage after starting new job
Hello all, I am facing the following scenario: I may take an offer for a job and move onto the property ladder shortly thereafter. I have been looking to buy a shared ownership apartment for some time and now this job opportunity has come along. I wonder whether I am likely to be approved a mortgage, literally a month or…
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Remortgage
Hi, Just after some help please. Mortgage expires soon, looking for best rate on the high st. Value is 175000 and owe 124000 on the mortgage. I want to take out a 15 year mortgage with no limit overpayments, does anybody see a problem? Thank in advance Steve
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Repayment part endouwnmint
We have a repayment mortgage with one third endowment, the endowment matures this year with shortfall and we intend to use part of the endowment to pay some higher interest debt, well does anyone know if we will have objections from Santander do they have a hold on the endowment we would be willing to remortgage the…
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Paid of mortgage on credit check?
Anyone know how long it might take from paying off a mortgage to it going off your credit report? We are paying off the mortgage on our property to take a new one on the new property. We will pay of the mortgage this week and then be looking to arrange the new one but i am worried that it will be showing still when i go…
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Time for mortgage app?
How long does a average mortgage application take through a high street branch? Can you apply and be approved in one appointment?
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Mortgage for poor credit rating help
Hi, It's my first time here and I'm here because I'm finding it impossible to research my problem. I should begin by saying I'm in Scotland as I know it can affect the answer. My husband and I got into a fair amount of debt a few years ago which resulted in us getting a debt management plan, we have been paying £200 per…
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Want to move but have homebuy direct and house may be worth less than purchase price
Hi, Would like some advice really, the title says it all. I got a mortgage with the Halifax for £125k and equity loans from the housebuilder and governement for about £66k and I put a £6k deposite down. The purchase price was £197k and I think it would sell now for around £175k. How does it work with the equity loans? Will…
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Mortgage Help
Hi i have been trying to sell my house for a year to clear debts and house that is mortgaged.An interested buyer asked me if i can transfer the mortgage on his name and the rest he give me cash. Can it be done? or does he have to pay off and then he will have his name on deed.
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dad has mortgage
My dad has the mortgage on my property as i couldnt get a mortgage at the time, he has recently lost his job & im worried if ill lose my house if the bank declares him bankrupt. I pay the mortgage to him monthly, can i get his mortgage in my name ? any suggestions as i really stuck at what to do....
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Tracker Mortgages
Hi Was looking at buying a house to purchase, renovate and sell. I work in the building trade so was going to do most of the work myself to cut down on costs. I now have enough money to put down a 50% deposit on a house. I was looking at mortgages available without early repayment fees so as to avoid lots of costs when it…
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Do lenders consider income from lets?
Hi all just a quick one... I have a property I have let out on an AST for the last 20 months... I am hoping to purchase another property and wondered whether lenders consider income from a let property? Thanks in advance
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Self Employed joint mortgages?
Hi, My Husband is self employed, although has worked for the same company for 5 years (he is basically like an employee with full time hours, he just invoices them his own rate each month). I am employed with a salary of £30k. My Husbands salary works out at £40k, but as he's self employed are we likely to struggle to get…
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Heavy deposit small mortgage
Hi Guys, I am looking to purchase a property worth £205,000, I have £185,000 cash but require a mortgage of £20,000 is that possible? However I got very bad credit few defaults but no CCJ what the chances are of getting a small mortgage? My income is £1,100 per month. Debt cleared but only have defaults on credit file. Can…
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Right to buy pros and cons
Hi i am thinking of buying my maisonette from the council but i am a bit worried about the pros and cons. It currently has major damp problems and if i was to buy it at a discount there are also payments to consider to modernisations by the council as it is in a block of maisonettes. I am also worried being a first time…
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Lifetime Mortgages
I want to apply for a LifeTime Mortgage. I am over 65. Does anyone know of a reputable company that I could approach?
