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URGENT - Mortgage application - one fair credit rating and one good/excellent
Hi My husband and I are currently in the process of applying for a joint mortgage. Historically I have had problems with debt however all of the debts are now settled and I have an experian rating of 735 (fair). I have checked experian and equifax and there are no defaults showing on my file. The only remaining debt I have…
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Mortgage on low income
I am trying to release equity in my house which is mortgage free (worth approx £378000) of about 100k but my income is low £18000 per year which I get from rent on another house I own worth approx £350000 also mortgage free - any ideas of where I can try - because of my income nobody wants to touch me I would prefer…
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Mortgages - Bad Credit History, is it possible?
Hi, Myself and my partner have a adverse credit history, at the end of this month we will have cleared around £6000 worth of debts (Mainly missed payments, store cards and a single CCJ from my university days!!) We are wanting to purchase a property. We both work with a combined income of £45,000 pa. Are we likely to be…
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Assurance endowment: Sell, surrender or hold?
Hi all. Can anyone point me in the direction of online guidance (MSE or elsewhere) to assist me in what decision to make regarding an assurance endowment policy? Thanks in advance.
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Remortgage valuation; tips for extracting maximum LTV % i.e. 85%
To cut a long story short we bought in December 2012 and ported our existing deal which runs out in July. When we bought the house was marketed for £125,000.00. We agreed to pay this and applied for a mortgage for 90%. The deal almost fell through when the mortgage survey said the property was worth £115,000 only.…
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Help please - application problems
Hi all I'm a FTB going through the process of setting up a mortgage. Went through an independent broker who lead me to believe there would be no problems. Well, I am having problems in the form of proving where I've lived for the last 5 years. I've had 4 addresses in that time. 2 of them they are saying there is no trace…
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New mortgage needed in Southampton
Hi, Mortgage due to expire in June and new one needed. Anybody help? Property valued at 175000, mortgage of 124000 needed. Please contact sf250674@yahoo.co.uk if you can help. Thanks Steve
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Re-mortgage with secured loan
I have a joint mortgage with my ex husband on the house I live in. He wants to come off the mortgage but we have a secured loan which he is still prepared to pay. Does anyone know any companies that might help me? I am 45 years old and would need it over 20 years. I know this would be risky but still takes me to under my…
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Likelyhood of mortgage
Son has been declined from nationwide for mortgage, they told him there was nothing bad on the files and that their score was just a bit low yet and to keep saving, with the details below is it worth applying anywhere else or just to sit tight and save a bit more, details are First time buyers Him 24yr old Her 22yr old…
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Re-mortgage with secured loan
I currently have a joint mortgage in the house I live in but my ex husband wants to come off the mortgage. I want to stay in the house and take over the mortgage but we also have a joint secured loan which would work out too much if put on the mortgage. My ex is prepared to still pay his half of loan but will anyone give…
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is a re-mortgage possible whilst in a dmp?
hi there im pretty new round here was just wondering if anybody had any idea what my chances of remortgage may be? i am currently in dmp with stepchange paying £163 month on £18,000 debt.. just over 9 years to go.. i am stuck on a variable rate on my current mortgage with santander which is 4.74% around £403 a month. There…
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bank credit checks
Hello Me and my partner are looking to buy our first house. He is from another country in the EU and has borrowed some money from the bank there (which he is paying back in installments) my question is in our morgage application, can they see this money on the credit check? should we declare it or keep it quiet in hope of…
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Are fixed-rate mortgages similar to fixed term ISA's?
I'm guessing that this is a bit of a random question, but is the process for a fixed-rate mortgage similar to the process of a fixed term ISA where at the end of the term you simply move it to whoever is offering the best rate? I appreciate there may be fees involved with switching provider at the end of the fixed mortgage…
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Buying a house with a business attached
Hi, does anyone have experience of buying a house which also has commercial use for outbuildings? No property in mind yet, just tentatively looking but we would like somewhere with either an established business to buy with it or outbuilding which we could set up for business use or already have permission. This is an idea…
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Urgent advice please re. mortgage app and credit checks!
Thread resolved
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Wanting a Mortgage but already have a personal loan
I am wanting to get a 70k mortgage how I already have a personal loan that I pay £500 per month and I still have 13 months left on this loan. I Earn £19k per year Is there any way I can considate this with a mortage plan so i can wipe my loan out and still be able to get a mortgage? Ideas and thoughts pelase
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Nationwide free legal fees offer (or £250 cashback)?
I am making an application for a mortgage through the Nationwide. I am an existing customer & I want to borrow more money to buy another property. For this reason, then I can be offered free legal fees, or £250 cashback. I chose the free legal fees. I am now not so sure I have made the right decision, since I will be…
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MSE News: Mortgage approvals at lowest level for seven months
"According to the BBA, mortgage approvals for house purchases fell to their lowest level in seven months in February..." Read the full story: Mortgage approvals at lowest level for seven months Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New…
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New Mortgage special case
I purchased a property with a repayment residential mortgage. My circumstances later changed and I moved out, and let the property with the full permission of the lender. I have been letting the property now for 5 years with the same tenants. I have been renting since and now wish to buy another property to live in whilst…
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Can my Father in-law buy a house for me?
As it says on the tin really!! Me and my partner have 2 children and have been renting privately for a number of years and have always thought of buying our own place as a longshot, but my father in law who is mortgage free and has a nice amount of savings tucked away suggested that we do a Springboard Mortgage through…
