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Second mortgage
Hi , I own a flat which I have been trying to sell but can't in the current climate. My wife and I are living in a rented house short term while we find a new house to buy. My question is if I try to rent out my flat does it matter if it is rented or not at the time of applying for a second mortgage, ie does it have a…
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Mortgage Help
I bought a property last year and arranged the mortage through John Charcoal. They managed to find me a 95% at 5.89% fixed for 3 years. I will very soon face difficulty in paying this and was looking to remortgage. Is this possible? My credit rating has also suffered as a result and am wondering whether I will be able to…
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NRAM Mtge Repayment Info Request
Previously had a letter/form asking have you got a repayment plan in place, ticked 'yes'. For info, mortgage interest only, repayable 2015. Today got a letter/form asking for specific's. It is a request for information, states it is ''important that we keep an up-to-date record of your plan''. But it comes across as a 'you…
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Non-refundable mortgage fees Natwest
A warning for everyone to be careful with paying the up front fees on the enticing Fixed rates deals, I did the 5 year fix with Natwest 4 months ago, I have a big mortgage so it made sense to get the lower rate over 5 years, but the vendor pulled out of the sale because they lost their job, and Natwest are still charging…
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Anyone with an opinion on Tesco Mortgages
Hi, We're FTBs looking for a property and having just revised our budget upwards I'm trying to get an idea of likely mortgage rates. When we first started looking I was very keen on the Nationwide 4 year fix but since then Tesco's 3 yr fix has appeared with a nice low rate of 2.49% (v. Nationwide's 2.99%) Having done some…
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Mortgage application and cashback credit card
I'm looking to apply for a new mortgage soon as I'm hoping to move house in the next few months. Just tidying up finances in preparation....I currently have a cashback credit card which I use to pay for just about everything I buy and pay off in full every month. My question is, should I stop using the credit card so there…
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Mortgage rates - near prime
A quick assistance with information from the people on the forum. What rates of mortgage range should a FTB on Tier 1 visa should have in mind with few glitches on the credit file i.e. 3 late payments of less than £20 within last 2yrs but all cleared immediately, last of the 3 payments registered in Feb 2013 no default on…
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Help: getting a mortgage on a commercial property that will be changed to residential
Hi all This is my first post so apologies if its in the wrong place or confusing/excessive! Basically, we have sold our existing property and found a house we love, which unfortunately has been used as offices therefore is commercial. We have been told we need full planning permission for change of use to residential and…
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Ftb
My wife and I currently rent a house from my parents. We are looking to buy this house from them and they have kindly agreed to sell it to us for the amount of the remaining mortgage, plus any fees to complete the purchase. The house is worth around £95k and we would need a mortgage of around £60k. Thing is, as yet, we…
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mortgage balance going up?! - Halifax
The balance displayed online in my account went up by roughly £700 from last month. How is that possible? It's a 2-yr fixed rate and I'm in the middle of the 2-yr period.
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Deposit and exchange query (FTB)
I have a full mortgage offer, and awaiting solicitor request for proof of deposit. My only concern is that half the money has been sitting in my wife's accounts, and then electronically transfered to mine a few months ago. I have been depositing money both by cash and bank transfer e.g. £1-2k monthly. The reason being that…
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Halifax Mortgage, Home loan & addition Funds Required
Hi Guys need some advice. I currently have a mortgage and secured home loan with the Halifax. Mortgage approx. £90000 and home loan £13000. I'm not fixed into a mortgage rate, fixed etc. My property is worth approx. £180000 and I would like to remortgage to a fixed rate deal and add the home loan to the new deal. Can I do…
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Sale taking ages. Current Offer expires this month. Should I get another offer?
Hi Moneysavers, We are in the process of a purchase that has now taken 5 months. Our mortgage offer expires on 31/05/2013 and I am now losing confidence completion will happen before this date. With mortgage rates lower than they were 6 months ago, it's perhaps easy to see this as no bad thing. Indeed, our broker has said…
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Mortgage with Barrat Homes, PLEASE HELP!
Hi there, so I am going to view a barrat homes development tommorrow, and they have an offer on at the moment where you can reserve a home for £1 which I am going to do. The lady I spoke to on the phone said I can either go to a bank and get a mortgage agreed in principal, or do a credit check with them! My question is,…
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Ftb?
Hi The Halifax are offering to pay stamp duty up to purchases of £250K for FTB on some mortgages? Daft question, but does this mean you can never have bought a home before to qualify? Ta
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ownership to mortgage help
hi locked into a home ownership deal, no deposit but a fee paid for admin, then payments over 25 years variable every 5 years agreed repayment called 'genie' possible will be get inheritance for a deposit sum advice please unsure about sum yet but would prefer mortgage now than repayments where I have little control. house…
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Help re remortgage - comparing deals
Hi I currently have a fixed (10 year) mortgage that expires 01/11/15 @ 4.65%. I want to compare this against moving elsewhere, my balance is £92981 and to redeem would cost me £3214. What is the best way to compare against new deals, i.e do i have to work out the interest over the remaining 30 months, this is how i have…
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Trying to save Mum's house - BTL? Buy it? Help!
Hi all, A newbie to the forum from a posting point of view but have found many successful answers on here and saved a fortune, not to mention reclaimed one too! So I am hoping you guys will be able to help me with something that is taking over my life at the moment. Here's the scenario: I am without a mortgage but in a…
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Help - Mortgage payment increase weekend payments
Dear All; I have a mortgage with halifax, they have just moved to a new IT system and since then my mortagage has gone up by £1.12 a month with no real explanation. I am on a SVR and have not borrowed any further money/switched products or lengthened my term. I am being told that the increase is being applied whereby my…
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Transfer of Equity Help
Hi, Just abit of advice please I have a meeting with my mortgage company Halifax this week as I am looking to remove my ex partner of our joint mortgage and add my new partner onto the mortgage. In order for my ex partner to agree to this he wants me to buy him out for £7000. I have an appointment with Halifax to see if it…
