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Overdraft & mortgage application
Hi All, I will hopefully in the next couple of month be applying for a mortgage. I have for the last few months been in my overdraft. This is a planned OD of £1200, most months I have been in it by £400-600 but this month I have been in it by £850 due to lots of birthdays this month and all my friends getting married at…
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re-mortgage?
Hello There Wondered if anyone could help me with this one? We need to make a few home improvements, we currently have about 60k of equity in the house. We also have a number of defaults on credit cards that have mounted up over the last couple of years that have adversely affected our credit rating. We have never missed…
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Getting a loan for a deposit?
Hi our situation is we live in surrey and work London. Between us we can get a 285k mortgage apparently. We pay 1000 a month rent and have 5k in debts and an overdraft. We are looking to relocate to Milton Keynes and have seen the new build government scheme. There is a 4 bed new build in the area we wish to move and its…
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Natwest, are they strict lenders?
I am hoping to get a mortgage with natwest through the help to buy sceheme. I was just wondering if anyone had any recent past experince with them, applicants and brokers. If so, are they strict? I am buying a new build via a mortgage broker specialising in new builds. I have a 5% deposit and will be using the 20%…
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Mortgage offer
Hi all Firstly sorry if I sound silly with these questions i am all new to this but wondering what happens next, we have finally Received out mortgage offer over the weekend and am wondering how close we are to contracts and things? Am hoping to hear from the solicitor this week but the constant thinking about it and how…
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Mortgage - Relationship Breakdown - Can I Escape?!
Hi All, I'm hoping one of you very knowledgeable people out there will be able to help please. I split from my ex partner 5 years ago, we have a joint mortgage on a property which is still in place. It's in negative equity and my ex partner lived there and paid the mortgage in full. My ex has now moved out with a partner,…
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How long? (Ironically a long winded post!)
Hi there I have been in a dmp for 2 year with cccs. In April I was finally in a position to clear all my remaining debt (about 5k). During this time My credit rating took a battering and I gained 2 defaults on my credit file. These occurred within the first few months the plan was set up due to late payments. My credit…
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Mortgage Yes or No?
Hi all New to the whole mortgage thing and haven't posted on here for a while. Myself and partner have been saving for a deposit for a wee while and have just found a fantastic house at £140,000. We have a 5% deposit in place and are hoping to go with Clydesdale for their 90-95% deal. How probable do you think it is that…
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Offer timing and strategy
I viewed a property and quite liked it. Asking price is a little below £250,000. I still need to apply for a mortgage. Should I wait until I get an agreement in principle before making an offer? The vendor has some furniture to sell too. Should I ask to view the property again before making an offer? Or make an offer and…
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Advice needed mortgage with danske bank
I have trailed through this site for days for a simular situation but to no luck :( Brief history Finally myself default free after 7 years myself no adverse info on credit report good wages same Job for NHS for 6 years. Partner good wages nearly a year in her job ( made reduntant in her last job) Good credit report and…
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Mortgage DIP referred on save to buy with Nationwide
My husband and I have a save to buy account and have saved up our 5% deposit so went to the bank on Saturday to get our DIP for 95% LTV but its been referred to the underwriters to make a decision. A bit about us.... Joint income £65k a year Debts £150 a month (interest free sofa and small loan) Nothing negative on credit…
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Joint mortgage or two separates?
Hi, I got married in December and at the point of getting married my husband and I both owned our own houses individually. I live in his house and mine was rented out, although now on the market to be sold and his is also on the market to be sold. It had always been our plan to retain two properties in our own right - the…
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Likelihood of Santander extending a mortgage offer?
We are in a pickle! We originally put an offer in on a property last Nov which was accepted and the day before exchange in March they pulled out - few weeks later we found another one, they re-did the valuation (at no further charge) and we explained to the vendor we needed to complete on 31st May 2013 as that is when our…
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clydesdale 95% mortgage advice
My husband is looking to apply for a 95% mortgage with Clydesdale (FTB). It will be a sole application in his name as I'm currently repairing my credit rating. He earns roughly 35k a year, has loan payments of £120 a month, and we have 2 children. The house we want to buy is £92,500, so with 5% deposit we are looking for…
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Help to Buy Nat West
Hi All, As I said in previous posts my fiance and I are looking to buy a home with help to buy in the next few months. Initially we were looking at Halifax as they were the main (or possibly only!) provider. The new Nat West offerings have thrown the cat among the pigeons though. Their 2 year fixed rate beats Halifax as…
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Advice on paying off mortgage
Hi everyone This is my first post. Have browsed this forum for a while now and finally have a reason to post a first question. I need some advice if you don't mind. Some details first: 1) I contract in the IT industry which means that my work is never guaranteed. However, I have only ever been out of work for 3 months max.…
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Any advice greatly received
Morning from a newbie to this site:T A question to to the forum, my situation is about 18 months ago we locked our savings into to 2 high interest accts with a locked in clause. Since we had no intention of using these for 5 years it seemed ok. The problem is a house which would be our forever home has come onto the market…
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Likely to get a mortgage with a default?
This has been asked before sure but this is my thread and I hope to get a more tailored response to my situation. As title says we want to buy our first home and a resent credit report flagged up a default from 5 years ago of £2000. I knew nothing of this and thing is where it had defaulted the report clearly shows my…
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FTB - 85% LTV Mortgage (Advice/Broker needed)
Hi, I've just had an offer of 92k accepted on a house, i've got 15% deposit but struggling to find a good deal on a mortgage. The mortgage will be applied jointly in my and my wifes name. We are both working and combined net income is around 22k per year. However neither me or my wife has ever had any credit cards or…
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Withdrawing from a mortgage offer?
I'm after some advice please. We put an offer in on a home back in January, the vendor accepted our offer based on the fact that we could complete within 4 weeks. Well, we were ready within 4 weeks but they weren't, nearly 5 months later and there are still ongoing problems with land registry (the land that comes with the…
