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Honesty the best policy?!
I have always done everything above board when it comes to mortgages and my house... but my morals are slipping. I am in the fortunate position of only having 4 years left on my mortgage, and my rate is fantastic (1.4%) because of the low BoE base rate. I am relocating because of work, and want to keep the house and rent…
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Day of Exchange
I understand that I have to show my lender evidence of the deposit/increased equity I need to fund our move to a bigger house on the 26th july 2013. As we have very little equity in our current house, the remainder of the money will be funded from savings... and our pay, right up till the day before the exchange... (I…
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Advice on shocking treatment
Hi, I'm in a very long process of getting a mortgage with a certain Spanish bank and it's turning into a joke. I had a mortgage for 5 years with Alliance and Leicster and now we're moving house, extending and porting the mortgage to another property. It has taken 8 weeks to get to the point of a survey being carried and…
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help with interest only mortgage
hi , i was unfortunately given wrong advice and put on an interest only mortgage to get myself out of trouble for a couple of years , and then to get back on a repayment mortgage once things had settled down, but in the meantime , the banks crashed , we came off a fixed rate , and costs were rising fast, which forced me to…
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Help with a mortgage application
Hello, I hope someone can help. I'm trying to apply for a mortgage with Skipton Building Society but they have started to make worrying noises. I am 29 years old and purchased my house outright in December with the proceeds from the sale of my previous home. I did not have a morgage at the time because I had paid it off…
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Confused with Nationwide 95% mortgages
Hello I posted on here a few weeks ago about the Nationwide Save to buy scheme which offers a 95% mortgage if you have a save to buy account for over 6 months. Just looked on the Flex account page and it says you can get this if you have paid in over £750 per month for the last 3 months. I have been a customer for several…
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New build mortgage
Hi, I'm looking into buying a new build property in my area. I'm unsure how a mortgage works with a new build or how to go about getting one. Someone said to me that I'll need a 40% deposit??? Also the builders have said I have to pay a 5% deposit to them, so is that on top of any deposit I'm required to pay the mortgage…
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Help with declined mortgage from Accord Mortgages
Hi everybody, New to forum but need some help/advice please. Have been battling with Accord Mortgages for 3 months now regarding a BTL remortgage application. They kept asking for more and more information despite us satisfying their initial requests in line with their initial offer. Basically 4 years worth of company…
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Need my name removed from a mortgage
Hi, Back in Oct 1990 I entered a mortgage agreement with my then wife, this was under a 75% equity scheme. In 1999 my wife and I split and she was left with the flat and our four year old son. In 2000 we had to rearrange the mortgage so we can repay the 25% equity we owed to the builders. It is now 2013, I have a fiancee,…
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Delays with Clydesdale Mortgage Application?
I'm new so please bear with me if I waffle on.... My partner and I are in the process of buying a new build house, so far we are nearly 4 weeks in and it’s been stressful.:( Before instructing our mortgage broker (we are both contractors so needed some guidance) we discussed the tight deadline we would have to work to and…
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Trying to pay off NRAM and they won't let us!
My husband and I have been trying to sell our flat for 2 and a half years. Thankfully back in March we had an offer and we've now exchanged and are awaiting completion. NRAM are now being unbelievably awkward. We have instructed our solicitors to pay off the mortgage and they have the money needed. So first off NRAM were…
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Moving up the property ladder
Hello, Please forgive me if I'm being a bit stupid, some things i've ready on the house buying forum have set me wondering and I thought this may be the best place to ask my questions! My fiance and I are currently living in our first bought property. In 2010 we took out a mortgage on our 1 bedroom property. We paid…
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mortgage app and pension
can someone please explain to me why it is when applying for a mortgage we have been told they can not take my pension into consideration, it seems strange to me that they will take certain benefits into account but not a pension , benefits can change as circumstances change, my pension will always be my pension would…
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mortgage newbie, asking advice
Hi, wondeing if anyone can offer some advice really. My partner and I are looking to apply for a mortgage, im a total newbie to this, and ive read up on martins ftb guide for mortgages, but ive got some questions. We are looking to apply based on my partners wage with a mortgage just under his name, my credit record isnt…
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first time buyers with a default
Hi My partner and I are trying to get a mortgage. We are both first time buyers and earn approximately £38,000 between us a year. We were declined a mortgage through Santander, we didnt know why at the time but have since found out my partner has 1 default on his credit profile from several missed payments on his mobile…
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FTB help please
Hi I just wondered if anyone could give me any advice as I am reading other posts on here about declined mortgage applications and panicking! Myself and my partner have applied for a mortgage with Natwest through the help to buy scheme. We were given an agreement in principle by them and are now waiting for our application…
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Endowment matured. Did it do well or not?
Just curious to know if you think this policy did well. At the time, 25 years ago, Standard Life was supposedly the best endowment going. Payments £27.70 per month, for 25 years. Payout £14518.88, including a mortgage promise payment of £624. Expected payout originally (and joint life cover) was £21,200. I make that a…
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remortgaging question from a noob
In my mortgage paperwork it say thats the total amount I will pay back at the end of my term on a £235,000 loan is £400,860 (banks do alright dont they :beer:) Question if after say 3 years I decide to remortgae do I remortgae on the total loan so will need £400,860 or just whats left owing on the original 235,000 and what…
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Offset or 2 year fixed
Our mortgage fixed term ends in October this year and I'm trying to decide which mortgage to get next. Have always used the same IFA, but recently asked him and the mortgages that he came back with were a lot higher rate wise than the ones that I could find myself, so I've lost confidence in him. Our current situation is…
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Buy direct from bank
Is there any benefit to finding out which bank has repossessed a property, then apply for the mortgage with them direct?
