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Help!! Post office Mortgage unable to proceed
Hi everyone, I've applied for the post office mortgage last week with a 75% LTV fixed at 2.89% for 5 years. However, an officer just rang me to say that they are unable to proceed the application due to the flat situated on top of a commercial property, (Virgin health club in my situation). I questioned the officer why is…
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Getting partners ex off the mortgage?
Hi, my fianc! and I live in together in the house he bought 4 years ago with his ex, owned 80% by my fianc! and 20% is hers. The house is in negative equity and she didn't put anything into the deposit or ever made any mortgage payments. I have a child who lives with us, my fianc! has child with the ex partner and we also…
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gifted deposit halifax
hello all, this might seem a silly question but i am a first time buyer and i have my official mortgage offer in place-(the valuation also has been done) my parents want to gift me a deposit of £17000. My question is that would the bank/solicitor want to see the bank statements or would a letter from my parents be enough?…
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Joint mortgage
Hi, Me and my finacee are looking to get a joint mortgage. She has a good credit history. I have 1 default from last June that was settled in September. In 2011 i quite a few pay day loans and i have had 2 this year and 1 in 2012. I have not missed a payment on any credit in the last year to 18 months. Would this stop us…
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Relocating with negative equity
Hi, i'm looking for some advice. My job is relocating, forcing me to move house but my finances are in a mess. I am in a DMP so have several defaults from 2009 on my credit file. Plus I am in negative equity because of a First Plus loan I stupidly took out leaving. Which means I have around 10k more owing on the house than…
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Lenders taking Child Benefit, Tax Credits etc. into consideration
Hi folks, Does anyone know of any lenders still taking Child Benefit, Tax Credits or Child Support etc. into consideration ? Loan to value ratio will be good - c.40%
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Mortgage chances after DMP?
Hi everyone. Bare with me as I am new to this, and new to my DMP. I have read these forums a lot before joining, and have seen lots of different answers to this question: What are my chances of getting a mortgage after repaying my DMP? I am only on my 3rd month of paying the DMP. StepChange estimate I will be debt free in…
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Tenants in common and step/adult daughter
Not sure if this is the right forum for this question. I am wondering if I should go tenants in common with my husband on this house purchase. I want to make sure my daughter gets a percentage of the property if anything should happen to me. My husband fully supports my concerns. basically a close family friend remarried…
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Getting my girlfriend on my mortgage.
I have a mortgage in my name only but I want to get my girlfriend on it. I know that you can use a solicitor to take someone's name off a mortgage but can I do the same to get my girlfriend on my mortgage?
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Mortgage advice
Hi please can I have you advice. We have a mortgage offer in place and have exchanged contracts we are due to complete on the 31st may 2013. Our mortgage is with RBS mortgages. I now have been offered a new job on Friday and I want to take it but this means I have to hand my notice in with my current employer which got the…
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Re-mortgage while in fixed term?
Hi All, I'm looking for some quick advice regarding my fixed term mortgage. Current Situation: - 5 year fixed term mortgage at 4.39% - Outstanding balance: £109,375.45 - Flat value at purchase 2 years ago: £210,000 - Fixed term ends 1st May 2016 I've seen HSBC are currently offering a 5 year fixed term mortgage at 2.99%.…
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mortgage lenders and estate disputes
we have been told our conveyancer that our mortgage lender won't give us the funds if there is an ongoing service charge dispute on the estate we're buying on?? basically there is a dispute between the whole estate and a maintenance company. I have looked through our mortgage offer paperwork and can't see anything that…
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Probably a silly mortgage question but I'm torturing myself!
We're about to apply for a new mortgage as we've sold our house STC and had our offer accepted on another property. The mortgage application will be a joint one and my husband's salary is more than enough for the amount we need to borrow (he's an employee). So here's the question: I'm about to start my own business as an…
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I am on halifax SVR OF 3.99% . . . what are my options ?
Hi mse members , as my thread says I have a repayment mortgage with the Halifax on their svr at a rate of 3.99% and up to press I owe £61k roughly. I was thinking of remortgaging/switching deal to another of Halifax's other products , I have noticed a product on their website for existing custom where I can lend 85-120%…
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mortgage renewal is due what to do?
Hi I am asking the forum if any one can give a bit of advice on this (mortgage renewal) would be really helpful. My mortgage is due for a renewal within 2 months even though the bank HSBC has already contacted me in writing and told they will put me on a standard variable rate of 4% which is actually nearly 2% cheaper than…
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Re-mortgage advice after an extension
Hi, fairly novice at this, but here goes... We have just started an extension to our three bed semi. currently the house is worth approximately £215k, we have a Santander mortgage at 4.99% that has just come out of it's better rate, with £176k left to pay over 29 years. The extension is being funded by us using savings and…
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Buy to Let - Bad Credit History - Help
Hi, I bought a house with a friend and ran i personally came into financial difficulty, including 2 defaults (4 Years ago) Now the one thing i always made sure was paid on time was my mortgage with Nationwide. My friend has decided he wants to move in with his GF, im much more financially stable, and paid him out the…
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Mortgage after divorce - Am I being unreasonable?
Hi, My husband and I split up over 3 years ago and been divorced over a year. We own a property together which when we originally split up he wanted so I rented with our son (now 7) He found a new partner who also owns her house so they decided to sell one and have a mortgage on the other together. Unfortunately neither of…
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Parents mortgage help needed please
Hi My parents have around 25k left on an interest only mortgage that expires in 6 months. Due to their age the building society are not wanting to extend it. Is it easier to have the property transferred to me and then I take out a mortgage on either my or their property. Or is there another solution. Any help would be…
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Which mortgage?
I sold my house in January and wanted to port the rate....two houses I have previously tried to by have fallen through (one I pulled out of after survey, the other the bank rejected on a non traditional build). HSBC have now said they wont extend the rate for an extra 2 months but as I cant complete on the house I now want…
