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Mortgage help- online gambling
Me and my girlfriend have applied for a mortgage and everything is goin fine we both have above average credit score.. And have been accepted and now they want to meet face to face and have asked for copy of passport/driving licence. 3 months bank statement ect.. On my debit card I deposit to online gambling sites.. On…
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Applying for credit card and mortgage?
Hi. We have just put our house on the market, and we have an agreement in principle with our current mortgage providers, Nationwide. The agreement in principle has been agreed on the basis that I have about £3.5k debt on one credit card. This debt is currently interest free but the interest free period comes to an end on…
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Extension and Remortgage
Hi, I wanted to explain my situation and to see if there were any comments and feedback... My mortgage is currently with Woolwich on 1.99% (above base) term tracker for another 12 years. I'm looking to get additional financing for an extension but its not possible to get the same rate with my current lender. I have seen…
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Mortgage with IVA on file
Hi all, I have an IVA on my credit file for another year, it was settled early just under 4 years ago. My wife's credit file is all in order. My wife and I are looking for a joint mortgage to purchase a property. Looking to borrow well within our income multiples and the loan required is less than 50% of the property…
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applying for agreement in principle - buying and selling
any help appreciated for a relatively new-bie. i have a property to sell and its on the market. still another £110k to pay off on the mortgage. ive seen a house that id like to purchase but at what point can i start applying for a mortgage on the new house? do i have to sell the flat first?
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Using equity as deposit for new house
Hi, I am getting myself confused! If we have approx 40K equity in current house and we want to move house, obviously, the equity is not available until the current house is sold. So at what point when completing on the new house is the deposit paid as normally deposits are paid upon exchange. I is confused!! Can anyone…
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Barclays Mortgage Borrowing Calculator
I've just used the above calculator & the outcome is the calculator seems to x my earnings by 5.5, is this correct or is it being over generous ? :think:
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Halifax AIP what does it look for?
Hi..me again We have had an agreement from the Halifax which after reading through the forums I am now believing it will be a waste of time. I know it only looks at the last 3 years..however if I have an open account that is still registered to an old address will the last 3 years have shown up on the check even although…
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agreement in principle help
Basically i was asking how to achive a mortgage offer in principle. I wasnt sure if you happlied to a bank and then recieved a offer in principle after you apply or how to get one. I have taken the details out as i dont want it all on record online. Thanks to any helpful answers.
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Selling at a loss and buying a new property advice
I was wondering if anyone could advise me in relation to selling my current property which is in negative equity and buying a new property? I had bought an apartment joint with my sister and we currently have an interest only mortgage on this at £127,000. The current value of the apartment is approximately £70-80,000…
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FTB -risk applying to HSBC?
Hi, we've just put an offer in on our first new home :j We had a decision in principle from a broker saying that we would be able to get a sufficient mortgage. Now, the best rate I've seen by far is at HSBC, who have also given us an AIP. However, I've read on here that they are very very picky when it comes to actually…
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Confusing advice
I have a very confusing situation, which I hope someone will be able to help me with. My mother has recently put her house up for sale, due to the fact that her ex husband didnt get an endownment with the mortgage. As she has been working abroad for about 12 years, but been paying the mortgage from her current partners…
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Can I get a mortgage?
Hello all, I'm looking for some advice on whether I'm likely to be able to get a mortgage. I'm self employed earning £22,000 a year (3 years accounts) My fiancee is part time/self employed with a permanent contract where she works part time. Part time wage is £10,000 and self employed is £4,000. We have a deposit of…
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5 Year fixed mortgage @ 2.99% with no fees with HSBC
This seems like a pretty good deal if you have enough equity in your home (60% LTV). 2.99% for 5 years with no setup or booking fees, plus no solicitors or valuation fees. Looks good or is there anything better out there? https://mortgages.hsbc.co.uk/product/A004032013000000000000000000-5-year-fixed-special-fee-free
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Remortgage for Extension - so confused
Hello I bought my first house with my wife two years ago for shy of 87k. There's a huge plot of land next door to double the size of the property and there's a house opposite who did so some years ago. A call to my bank suggests they won't lend me any more money despite being cleared for a mortgage up for 160k. I currently…
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FTB question: When exactly must deposit be in hand?
Good day, I have 41.5k of my 45k target deposit in hand. I can grow the deposit at 1.2-1.5k a month ... so ~3 months away from target. My parents have offered to cover non-deposit costs ~£4k. Hoping for a 180k mortgage which with a 45k deposit = 225k for a purchase in the general vicinity of Cambridge. I have only being…
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mortgage up part intrest part repayment
Hi first time on mse can anyone tell me what i can do with my interest only and capital repayment mortgage the endowment part matures in 4 year time but the mortgage deal is up end of may but now building society wont entertain the endowment part which i have to move away from dunfermline bs to nationwide want to put it…
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What happens when a mortgage ends?
Need a bit of advice for my mum, please. In a few days her mortgage ends and the property will be fully paid for. I suppose her main query is does she need a conveyancer? She's not moving home or selling it or anything, so her main concern is that her title deeds are updated. As far as I can understand it, her lender (The…
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Transparency on Maturity Payment
Hi, We have just completed paying £20,613 in endowment premiums over 25 years and have now received notification from Friends Life that the maturity payment will be £33,800. This seems a bit on the low side but I would be interested in hearing what others have experienced. We were originally told the policy would pay off…
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5 Yr Fixed Deal At An End What to Do??
Hi Our 5 yr fixed 5.63% deal ended last month, we have arrears of £4k from a payment holiday, there has been no contact from the lender, so what happens now, does our mortgage continue at this rate or?????
