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Any mortgage advisers that could help me?
Hi There I wonder if anyone had any advice for us. We put our flat on the market in Feb, and are currently in a chain of 3 and everything is plodding along slowly. My DH is self employed (director, ltd company) in IT as a contractor so he gets a daily rate. We used a specialist broker and they found us a deal with the…
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Can you get a mortgage with 3 defaults?
Back when I was a student, I wasn't great with cash, managed to get three defaults in 2010, I satisfied one in 2011, and the other 2 this year. One was for £2500, one for £1500 and one for £600. Fast forward to now, I have been self employed since late 2010, and have been lucky, that the business I am in has really taken…
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another mortgage advice thread :)
Hi all, just accepted an offer of 104k on our property and have had an offer of 156k accepted on the property we want. The 104k is all capitol as we own the property outright, so our mortgage will only be 52k . the house needs some work so we plan on getting around a 60k mortgage loan and are leaning towards a 5 year fix.…
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Would this be an unreasonable request?
Hey all, just a quick question, would it be an unreasonable request if I asked my solicitor if he could try and get us exchanged and completed by the 1st of June, so in one week from now? We have our mortgage offer from Nationwide in place. All searches have been done and paid for (enviromental searches etc) The house is…
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We own house but have debts,too young for equity release
Hi,I'm 53 and my partner is 49,we own the house(no mortgage)but have lots of debt,is there anything we can do apart from downsizing?When we die we don't really have any close family to leave it to.
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Help with amount we can borrow
hello. myself & my husband have been told by Santander we can can't borrow any more for work on our house. We have a mortgage with them for £107k which we have been paying since 2007, we have £80k left to pay but want to borrow £30 more to do a loft conversion on our house. The house is worth £180k. hubby earns £26500,…
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max mortgage lender
Currently I have 35% deposit and HBSC (my only quote so far), HSBC have given me 4.75 x my salary. Does anyone know of a lender who will offer 5 x salary or more! I have a good deposit but I'm after another 50-70k in London. Who shall I try! Or is 4.75% the max for 1st time buyer.
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Joining a mortgage / Changing a mortgage
Hello, I have been living with my boyfriend long term and we are starting to consider putting my name on his mortgage. :) Basically we both want to know what to expect before we carry it through. He currently has an interest only mortgage with nationwide but I'd like to change it to a repayment mortgage. Who do you think…
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Student and applying for a Mortgage
As a student is it going to be extremely difficult to get a mortgage? Sick of paying rent and myself and my partner are looking to buy. She works full-time.
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Query re cpaital on repayment mortgages
Hi I originally borrowed £52+k in the year 2000, to buy my flat. It was a repayment mortgage. In 2006, I took out a ten year fixed rate mortgage at 5.18%, and pay £311.20 per month. I am not asking people to do any calculations. I am just wondering, when 2016 comes and my fix rate deal comes to an end, as the interest rate…
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First time mortgager, help please...!
Okay dudes, the frau and I are looking to buy when we relocate to another area soon, but as I've (we've) never had a mortgage I was hoping people could help and advise a little.... I earn 38k and the wife 15k and are totally debt free with a deposit of 10k. What sort of ballpark repayment mortgage could we get with those…
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Mortgage advice please!!
Hi, I wondered if anyone could give me some advice, my husband and I bought our home nearly four years ago with a 40k deposit, we've been paying capital and interest mortgage with RBS since. We've now had a child and need somewhere bigger but in the last four years we have had to have a consolidation loan as we got into a…
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Property Ownership after marriage.
I will be getting married very soon and I have a mortgage with my current wife to be. The house deeds say this house and property is in solely the name of my partner - I am on the mortgage only. I have a debt now of 45k from a shortfall on a house. I will be dealing with the debt people next week or after the wedding.…
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Mortgages On A DMP
Just wondered if anyone had any experiences with mortgages whilst on DMP? Sadly a few weeks ago my gran passed away and i'm looking into buying her house from her (or rather the inheritors, my mum and 2 Aunties). I already have a mortgage with the bank of scotland (with good record, never missed a payment) but im looking…
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Marriage breakdown, mortgage advice needed please!
Hello, I'm not new to this site, but due to a marriage breakdown I've decided to go by a different username. I'm looking for some advice please as I'm not sure what to do next. Current situation; Mortgage outstanding: £96,000. Our 5 year fixed term, part repayment and part interest only, came to an end in January and so…
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Mortgage on temp contract? Looking for advice.
My partner and I are looking to buy our first house. We have £40,000 from inheritance for a deposit. BUT I am currently on a temporary work contract which is long term/ongoing and I have been told I will eventually be made permanent. My question is, will we be able to get a mortgage with my current work situation? We need…
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Mortgage arrears letter received - banks error?
Hi All We have always paid our mortgage on time by direct debit and have made overpayments since coming out of our fixed period in April. To my horror yesterday we received a long formal letter from BoS saying that we were in arrears by £250. I immediately checked online banking and saw that this months mortgage payment…
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Adding Hubby to Mortgage?
Hi everyone, after a little bit of advice. I bought a house 2yrs ago (when hubby and I were engaged) which at that time was placed in my name with the mortgage in my name only. Reason for this was that the deposit was provided by my parents with the private understanding that they would effectively hold a stake in the…
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Endowments and tax implications
Hi, My endowment has run it's course and will pay up next month and I am going to cash in a second endowment 3 1/2 years early. Both of these together will pay off the remainder of my mortgage (luckily I converted half my mortgage to repayment 10 years ago when it became apparent that the endowments would not cover the…
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Buy-to-let mortgage
We have been informed today by a mortgage broker that we are not eligible for a btl mortgage as all our income is from Pension income, he says it has to be from employment. This doesn't sound right to me, our income is actually more secure than people with jobs! Is he correct? I heard something about a change in…
