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2nd mortgage advise
Hi I would like a little advise please , 2 years ago I got a mortgage with my ex partner , all in my name as her credit was crap , her family gave deposit , we split up and she lives there with my daughter , I want to get the mortgage out of my name and into hers , so I can get my own house again. I was wondering what I…
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Employer charging a fee to provide a mortgage reference
Hi My wife's employer is refusing to provide a mortgage application reference unless she pays a £25 fee. Any thoughts on whether this is right/legal? Note, she works for the public sector. Kind regards.
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Remortgage question
Hi all, Sorry this has most likely been asked a good few times before! Basically - I had mortgage A which started late 2011 - fixed for 2 years. I then, with the same provider, took out another mortgage in 2012 when I moved property (mortgage B) which is fixed for 5 years. Mortgage A is due to come to an end in August at…
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Contractor Mortgage ?
I keep coming across adverts online for "Contractor" mortgages, I thought it was next to impossible for the self-employed people these days to source mortgages without a long history of accounts. Or is there a difference between being a "Contractor" and "Self employed" that I am missing ?
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bad credit.. mortgage or rent only option ?
Hi I'm looking for some advice. i'm 34. Because of my silly lifestyle I run up some credit card, loans and account debts. This has been going on a few yrs - payments through CCCS. this then somehow cancelled when I started working abroad because of a missed payment. I didn't find CCCS very helpful so I decided to start…
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Mortgage, Post Divorce & Bad Credit
After being awarded the FMH & all equity in court, I decided to move somewhere smaller as I can only afford interest only payments on the mortgage. EH has to stay on mortgage until I move, and not happy. I am retired ex-forces with pension of @ 14K. With CSA etc this takes my income to just below 24K. Part of the divorce…
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help!!!
I am currently going through a divorce. My husband has agreed for me to keep the house if I can take on the mortgage. My problem is that although I can afford the repayments I am struggling to find a lender who will set this up as my income comes from child tax credit, an honorarium payment from my local church and…
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Appoved mortgage with defaults.... Question????
Hi I am glad to announce I have just been approved for my mortgage.:j I had two defaults and my wife had one however there is hope for you all with the same problem as us. I just wondering can anybody advise me on the rates situation for my local council. The purchase price was £165k turnkey finish yet the capital value is…
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Another possible reason why I got declined for a mortgage
I just checked and halifax are part of LLyods banking group. When it comes to Llyods i believe I have a CPD (at what level I don't know) on my account which means for some products like loans and mortgages it's a flat out decline. I managed to get a llyods credit card but every time I do a quotation it comes back as 29.9%…
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Natwest help!!!
We currently have a mortgage with natwest and have just signed up to part ex on a new house. We called natwest to be told best option was to re fix what we currently owe as better rates. This would take 14days to be applied. New rate will be applied on the 18 th may. We fly on holiday on the 20th. I am to call them on sat…
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Rates seem very high?
Hi I am glad to announce I have just been approved for my mortgage.:j I just wondering can anybody advise me on the rates situation for my local council. The purchase price was £165k turnkey finish yet the capital value is rated at £175k. This is a new build. I phoned the land services and have been advised that the rates…
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Shared ownership and staircasing
I am looking at a shared ownership property, 70% share for £113k in an area I love. I like the flat but it needs a tiny bit of work - new carpets and the kitchen could do with updating. The flat is 15 years old and has the original kitchen. Otherwise it's fine. I have £7.5k deposit so far, but I've been told by one…
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Purchase process timeline - no mortgage
Hello, If you were buying a property outright, roughly how long would it take from offer acceptance to contract exchange? Thank you.
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Changing from an interest only to repayment mortgage
Hi, Currently I have an interest only mortgage with my ex wife. I am looking to get my ex off the mortgage( we have agreed a price) and get my girlfriend onto the morgage. But I also want to change to a repayment- im currently on a tracker. Santander have said they can change it over to repayment on the tracker with…
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Getting a mortgage with overdraft & credit card
Hi there, First time buyer with some queries. Basically my boyfriend and I are wanting to buy a house and are just going through the mortgage application. He is a saint with his current account, credit card and savings. I however am not. I have a credit card that had a limit of £5,000 but I'm only using £1,680 and I also…
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Remortgage and valuation?
Hi all I'm sorry if this question has already been answered somewhere. I have a mortgate with Santander, the current deal ends in July, so I'm starting to look for new deals. I've spoken to someone at a bank and he's worked out that we are on about 82% LTV, based on the mortgage we took out (128000, now owe 105000), he…
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Mortgages for Social Homebuy Scheme
Hi all, We are in the process of buying a 100% share of the Housing Association flat that we currently live in through the Social Homebuy Scheme and wanted to share our experience so far. It is definitely good advice to follow Martin's advice and try lenders directly in addition to speaking to brokers. We got two good…
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Mortgage application for Agency or Limited
Hi all. Absolutely love these forums - a hive of such valuable information. I've been agency worker for the past 7 years through the PAYE system. I'm about to take a new contract on, this time for 13 months (but renewed every 3 months as I'm paid through the agency). My employer has emailed saying they want me for 14…
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buy to let mortgage query
Hi Last year me and a friend purchased a buy to let property which we currently let. I am relocating so am wanting the said friend to buy me out. We are stuck on a fixed rate until September this year. All I am wanting is for my friend to give me back the 7k I put in, I don't want the house valueing and he is wanting to…
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non standard mortgages
Is there any recommendations on how to go about getting an unusual mortgage? I want to buy a house that is non standard (airey) and then straight away rebuild (to the prc repair spec) this will increase the current price of the house. eg house £60k + £30k for repair = £140k new value although I have a mortgage in place…
