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Help is this a good rate?
I have been given a personalised illustration from a mortgage consultant. 95 ltv mortgage at a fixed rate of 4.99 until 2018 after term it reverts to standard variable 5.69%. I'd this any good? I will be seeing another advisor ASAP to check what else is out there.
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Help is this a good rate?
I have been given a personalised illustration from a mortgage consultant. 95 ltv mortgage at a fixed rate of 4.99 until 2018 after term it reverts to standard variable 5.69%. I'd this any good? I will be seeing another advisor ASAP to check what else is out there.
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have i ruined chances of a mortgage in future?
my plan is to save a deposit for the next two years then hopefully get a first time mortgage i was in alot of debt a few years ago i have managed to clear most of it but currently have 2 defaults still on my credit file they are for £129 and £86, the defaults were only registered in 2010 so will still be present when i…
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Mortgage app with available credit
I do not have debt, however my credit report shows I have available credit of about £3000. I do not need and do not intend on using this credit therefore should I speak to the companies regarding decreasing the amounts prior to a mortgage application?
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Which Rate is Better
Hi everyone, Please give me your views on these 2 rates. We already have an AIP from bank 1. Rate from bank 2 is from mortgage advisor. Bank 1 LTV 95% at interest 5.49% 4 year fix then SVR currently at 3.99% £499 product fee including booking fee £99 £1000 cashback after completion. Free convenyancing (minus searches) from…
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Gifted Deposit & Money Laundering
Hi All I have applied to Skipton for a 90% with a gifted deposit, the mortgage would be for £69,750, I have £1000 plus fees, my mum would gift £1750 and my father-in-law would gift £5000. We had no intention of buying at the moment hence the reason for not saving more but we have just been informed that the house we rent…
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Save to buy mortgage
Hi all I thinking of a save to buy mortgage (Nationwide) does anybody no if will improve my chances of being accepted as I have had bad credit in the past or is it only for people who want to use 5% deposit.
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santander
hey guys finally credit check showing up on my experian now , i guess ill have to wait atleast 1 week for their initial decision ? is this correct ?
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Paying tax on rent received
we are renting out our house with the permission of our lender as there is still an outstanding mortgage - combined capital and endowment. We understand that we will have to pay tax on any income received but are struggling with where to start. Have been on the HRMC website but are none the wiser. Any advice although the…
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Self-employed mortgage with 2 year accounts
Hi, Myself and my partner are looking to get a 70% ltv mortgage - I'm full-time employed and my partner is self-employed (and was in continuous permanent employment in the same field for 11 years previously). We're well within our multiples (though not quite enough to just do in my name) and have a decent deposit. From…
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Builder contributing to stamp duty
So after my thread the other day about possibly building my own house it all came down to earth with a bump when the seller of the land withdrew it from sale. We are now back to plan A and may be buying a new build near to us. As part of the deal that we have discussed the developer have offered to pay £5k towards stamp…
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Should we re-fix mortgage now?
Our fixed rate mortgage runs out at the end of June and I've heard (confirmation would be appreciated) that we'll struggle to re-fix once I start my maternity leave as some lenders will assume I'm not returning to work. So we're trying to decide whether to investigate re-fixing or ride out the unfixed rate. Current rate is…
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Bad credit Mortgages
Hi - i have good credit and my partner had some defaulted loans which are all settled and nearly 5 years old. what are the chances of us getting a mortgage? we have a 30k deposit and looking to buy around the 200k region. many thanks for any advice offered
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Ethical house buying dilemma
My godmother has decided to sell her home to move into a retirement village. It has all happened very quickly, and in order to help, I have suggested that I purchase her house. I am a FTB, and this house is currently 40% more than I was intending to spend. I would have to get assistance with a downpayment from family.…
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Mortgage - Credit Check Failed
I recently tried to carry out a transfer of equity on my Nationwide mortgage to get the property in my name only. However as part of the process they carried out a credit check which I failed. Apparently it wasn't to do with the amount of loans/credit card debt I have outstanding as this would have flagged up with a…
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Need some advice ref next step with remaining mortgage
Hello I would value your advice/comments on my situation. My mortgage is in 3-parts with the main lump covered by a guaranteed endowment which has now matured. I have paid up on the main lump with some excess placed against the 2 other parts leaving £12K in total outstanding. My Barcs/Woolwich advisor said as I can't pay…
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Spread betting for a living.
Need some help with regards to my chances of getting a mortgage. The problem is for the last 4 years I have been making a living from spread betting on financial markets (Forex, shares commodities) from home. That had always been my dream, but since I started I have met a girl, settled down and now we wan't to buy a house…
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Which is the best deal?
After some v helpful advice on here, I'm looking to switch my mortgage from Halifax SVR 3.99% to Co-op 5 yr fix 3.29%. It seemed straighforward on the surface, however, when I dug out the mortgage paperwork I remembered that I'm on 2 rates with the Halifax. Rate 1 - SVR of 3.99% on 85k Rate 2 - 1.99% above BoE rate on 21k…
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Mortgage and debt - unsure about advice given
Hi I currently have a Halifax mortgage with my DH. We have recently begun to consider moving again (in fact we have recently viewed our ideal home!) and today I had an appointment with an advisor. We currently have three seperate credit card debts. We can get a new mortgage but not quite enough for this property. However,…
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Buy to let mortgage for debt consolidation.
Hi guys. I have a property which has no mortgage and I had been hoping to get a buy to let mortgage to consolidate credit card debt. However two high street banks have told me that I am unable to obtain a buy to let mortgage for this purpose. Does anyone know of a lender that would permit this or have any other ideas as to…
