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Mortgage time !
Hi all,it's remortgage time. What's best to do ? Just come out of a 5yr fix at 5.89 All good credit, House is worth 150k 81k to mortgage,over 20yrs. Got 20k savings,thinking of getting a offset mortgage but want to hold onto my savings and still have em in 20yrs. Ybs is offering a deal @ 3.44 for 5yrs or 2.94 for 2yrs.
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If i am inheriting an estate
which is a house , and we have accepted an offer on that house (informal , and a gentlemans agreement at this stage) , when i go to a mortgage provider , am i a FTB ?
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Remortgage with joint ownership, one abroad
I own a buy-to-let property 50:50 with a friend who now lives abroad. We are currently on a high rate with our existing lender and trying to remortgage elsewhere, but I am unable to find a mortgage provider willing to lend to us. They either provide uk resident mortgages or ex-pat mortgages - nothing in between. Does…
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Remortgage with 2 defaults
We are thinking about remortgaging to do a few essential jobs around the house. But, my husband has 2 defaults on his credit file from 3 years ago, combined they are just less than £1000. Our house is a Laing Easiform...I'm aware this could be a major problem in conjunction with the defaults. House worth £115,000 approx…
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Interest on top of interest only mortgage
Can anyone shed some light on this. I have spoken to my lender and I'm still no clearer. I have a interest only mortgage. I have been in arrears over the years and have overpayed each month to clear the arrears. I have gone through my statements now my arrears are cleared and have noticed that the balance on my mortgage…
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Mortgage advice
Hi, I need an advise about securing a mortgage. I am a new buyer living in UK under work permit.I was wondering if someone have the experience to secure a mortgage being on work permit for less than two years. Q: Suitable mortgage under fixed repayment category for work permit holders? Cheers
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Mortgage vs Student Loan
Hello Just a question really, it says on MSE to always pay your mortgage over your student loan due to the interest difference, but what if you have a 0% interest mortgage? I'm lucky enough to have parents who have bought me a house (£160k) and I'm currently paying them back monthly (for 25 years, all sorted via solicitor)…
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Bad credit and need a mortgage ASAP
Hi, Thanks for taking the time to read this message, I really am in a pickle and dont know where to turn. Back in 2010 my mom sadly passed away very suddenly and as she and her partner (of 20 years) were never married my moms house (that I currently live in with my moms partner and my son) got put into my name. This was…
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Resolving credit report issues to get a mortgage
Hi All I am a newbie to the site and am hoping you financial whiz kids might be able to advise me. I am currently trying to buy a house- a fairly simple process until the dreaded credit report gets mentioned! i was unaware that i had any issues on my credit file- i have very little credit exposure and have always been…
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Possible reposession
My partner is being threatened with repossession. Can he put me on his mortgage? I already live with him and am working full time
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Mortgage Advice Following Split From Partner
Hi All, My partner and I have decided to go our own separate ways after seven years together. We also have a two year old son together. We bought our house (new build) 2 years ago, which she is still living in and wants to keep, and I am lodging with my brother. I'd like to add that our split is totally amicable and we…
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Can i afford to buy second house?
I am wondering if i would be able to buy a new house to live in but keep my current house to rent out. I own my current house our right. its a 2 bed terraced house worth about £150K. I could rent it for around £700 a month in this area currently. I am looking to buy a place worth about £180k if possible. I have a cash…
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Challenging late payments
Hi, I've been reading this forum for some time (lurking, if you will!) because I am currently going through a mortgage application. I'm waiting for approval (fingers crossed) having had DIP accepted. I began to worry slightly because I was aware that the last time I looked at my credit report (ages ago) I could recall that…
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product fee
Just a question about product fee. when it says non refundable does that mean if you get declined your mortgage you lose your product fee.
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Worried About Mortgage Application.
Hi, Just looking for some advise really. My husband and I are applying for a mortgage in the next few months. We do not currently have one due to us selling our house and decided to go into rented accommodation until we found a suitable property. I'm now worrying about the whole application process and if we will get a…
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commission payments - how does a lender treat them?
My sister is looking into buying her own home but is on a mixture of salary plus commission. Currently her income is split 50/50 basic wage/commission. 25k/25k Shes earned these levels in the same role for the same company for the last 10 years. She has looked at previous P60's and her income has risen from 20k basic/20k…
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85% mortgage persimon loan
Hi I have been living in my house 4 years and have had a letter about paying the 15% back . Would It be possible to add the 15% to my mortgage or do I have to move out in the years I'm not sure what is best to do I have 6 more years to sort it out but would like to start sorting it out thanks Matt
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Mortgage for company director
Hi everyone, really hope you can help. My husband set up his business just over 2 years ago and it's going well. He's a company director (not self-employed) and has 3 staff (if that makes any difference?) We now want to get a mortgage but I'm not sure where to start as it's not as easy as turning up at the bank with 3…
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Majority Percentage Deposit - How Does this Affect the Mortgage?
Hi everyone, I am very very lucky to have been given an opportunity by a family friend to get on the ladder in London. He has offered to invest a large chunk of money in property with me. He will put up about 70% of the price of a property which will pay as a downpayment. I would take a mortgage out for the remaining 30%…
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late cc payment after mortgage agreed
Im pulling my hair out as my other half has just told me that his credit card was paid late last month as he didn't receive his original statement (and never thought to chase it up or check when payment was due :eek:). He paid it as soon as they sent the reminder statement but with a late fee of £20 added. My big worry is…
