-
Mortgage Advisor Complaint
Who and how do you go about complaining about a Mortgage Advising Company? I have looked on their website and there is no complaints procedures, and no names of senior staff to complain too.
-
GE Money - Disappearing 2% per annum reductions?
In 1985 along with a number of other customers I took out a mortgage with the Canadian Imperial Bank of Commerce. Within the General Conditions of that mortgage it is stated - 'Interest on the loan will be payable monthly in arrear by direct debit.' And 'The specified rate of interest and Monthly Payment take account of a…
-
Understanding Interest charges - Halifax
Halifax recently jazzed up their mortgage section on the Online Banking so I've been looking at it more and trying to figure it all out. We are on a fixed rate of 6.19% until Nov 2013. I noticed today that the interest we were charged for April was about £100 more than the interest we were charged in March. I'll admit that…
-
Switch to Repayment OR make regular Over-Payments?
Hi guys Yesterday’s news concerning the “interest-only” time bomb has probably scared a lot of people. I wanted to get peoples opinion on my situation, as I have yet to convince myself to jump on the repayment mortgage with my current lender. I’m 29, earn £35k. 6 years ago, I took out an interest-only mortgage. £146k loan,…
-
Mortgage advice with past bankruptcy
Morning all, I went through a 3 year bankruptcy plan which I successfully completed in Jan 12. I'm now at the stage where I'm looking to move mortgage and potentially either move home or get an extension on the existing home. My mortgage is with Northern Rock and they have said that they are no longer able to offer…
-
Regulated Buy To Let Help
Hi My parents are gifiting my brother and I the deposit to buy a BTL and we intend putting a tenant in there for a year or so. My parents cannot rent it from us at this time as they have gifted the deposit. My parents would like to rent it from us in the future. As this mortgage is a non-regulated, I understand that we…
-
Halifax (new buy goverment scheme)
Hi I have had a mortgage promise from my broker and halifax on a house that is 150K I am putting down a 5% deposit and the boys at 10 downing street are putting down 20% How ever i looked on my credit file with experian and it says i have a default from 8/12/07 that is satisfied. also there is an account that says 6…
-
Nationwide Mortgage!!
Some advice please… I have an existing mortgage with Nationwide of £86,500. I have sold my flat and am getting a mortgage on a house for £195,000. I have 30k (15%) deposit to put down, my credit file is “excellent” score of 968 and I have 1 car debt in my name. Never missed a mortgage payment. I applied through my broker…
-
foreign checks
Hi, quick question. We are currently looking to buy a house. I am from the EU and have lived in the UK for 5 year and we are now thinking about a mortgage. I am still paying off a loan in my home country. My partner is from the UK and we both have a clean income and credit history in the UK. However, how do they check my…
-
what mortgage next?
Hi Our 2 year fixed mortgage comes too an end in oct, we can put our new mortgage in place from June but have no idea what is the best to do. Would it be best to leave it as a non fixed mortgage and hope for the interest rates to stay low. And if we were to do this would this still allow us to convert to a fixed mortgage…
-
interest only availability?
Im trying to avoid using a broker (yes i'm trying to save money) Id like to find a lender who will lend at least £125k on a house costing £375k interest only, single wage £28k perfect credit history no debts anybody done this recently? i dont want to have to walk into lender after lender asking the question! thanks in…
-
Mortgages for over 65s - is it possible
Am enquiring for my dad who is 65 -bascially our old family home came up for sale at 60K. There is only a brief window of opportunity to buy it. Between my father and I we could afford a 20% deposit. My initial idea was to put the house in my name and my father would rent from me - he is happy with this as he is renting…
-
Remortgaging after /Separation/Divorce
My wife are I are separated and now have an agreement in principle to divide our assets. We are about to draw up a consent order and start divorce proceedings. We have 3 properties all in joint names. Property 1 is being sold right now, and she will keep most of equity while I retain my pension. I live in Property 2 where…
-
Crunching the numbers for my first flat, under shared ownership. Good deal?
Hi, I am 27 and it looks like I'm about to buy my first property - a two-bedroom apartment in Cambridge - under shared ownership. I'd like to double-check how sensible a proposition it looks with you guys. I am an Account Manager for a publishing company and currently earn £26,300 basic. My annual bonus this year (it's my…
-
Am I considered a FTB?
I have been shopping around for mortgages and confused by Halifax website on what the consider a FTB. Most banks I've looked at consider you a FTB if you have not owned a property for 3 years. Halifax seem to suggest owned a property ever. I had a house i sold in 2002 and have rented ever since due to work requirements.…
-
Can I get a mortgage with poor credit history?
Hi I've never had a mortgage before and am looking to buy my first house hopefully next year, i should have around £10000 for a deposit by then but as my credit history isn't the best will i be accepted by any banks for a mortgage? I don't have or never have been blacklisted, i don't have any CCJs and I've never been…
-
Well Done Natwest
Natwest mortgage application posted on Monday, phone call on Wednesday to offer us a mortgage. I was panacking as we had some credit card debt which we paid off the day before application and an overdraft that we us all the time. Now the stressful bit as we are having to live in a hotel for a month until our new build is…
-
mortgage and valuation has been blocked by vendor
Help! I was under the impression from agency and mortgage broker that the mortgage application was going well. Until today when I called up the valuation surveyors to find out when I was receiving a copy of the Home Buyers report. It turns out the vendor has refused them entry into the property and on file it says she has…
-
Nationwide Mortgage DIP referred to underwriter - Chance of Success?
Hi there money saving peeps, I'm hoping for some advice about my referred DIP (decision in principle) with Nationwide. I bank with them, have a Save to Buy account and have just opened a new ISA. I applied for a DIP today and it came back referred. The advisor said that there was a slim chance of me getting a green light…
-
Can I get a mortgage?
Hi and TIA for reading... I want to purchase a house with my hubby for £440,000 We have just over £100,000 equity in our current home. The government will loan us 20% on our purchase as it is a new build. We need a mortgage for £250,000 My husband earns 30,000 per year. I have been a sahm until this month when I was…
