-
Nationwide Mortgage Application - Online, Branch or Phone?
Offer accepted on property, need to get the wheels turning. Have a AIP with L&C to keep EA happy, but want to use NW Conveyancers. Is there any positives/negatives with either of 3 options for a NW application? Ideally, I'd like to do it online. My only other concern is that I wish to be able to specify with the valuation…
-
Seperate Residential mortgage for husband and wife
Dear MSE members This is my first post to the forum. I have been a silent follower and active user of MSE and appreciate the contributions. Now I need some help and though the lovely fellows here will have some input. I live with my wife in a rented accomodation and both of us work full time. My wife wants to buy a house…
-
!!Urgent advice pls - divorce, redundancy and mortgages!!
Hi All I'd like some help please, as I'm assuming either someone on here has been through this or helped someone else who has! I have to make a decision this weekend! I'm in the FMH and as part of the court settlement we are selling this, my ex after paying off mortgage and other costs getting £180K from sale plus half of…
-
Mortgage or loan?
We've been offered an 18-year mortgage at standard variable rate for £95,000 and monthly payment of £593. This would allow us to do renovations using money that we are getting in December/January. Or, we can get a bridging loan of £87,000 for four months, then reduce that to £40,000 with the money we get in December and…
-
G E Money
Hello I'm looking for some advice regarding G E Money my husband has one default just satisfied for £118.00 bank charges and an old ccj which is due to come off his report in October and myself has nothing bad on my files. We are looking to get a morgtage if possible and I have seen about G E Money, does anyone no if they…
-
Gifted Deposit. will it help...bad credit.
Hi All, Just wondering if anyone has any advice. been given £10,000 by a family member for a deposit for a house. we are looking at a property for £50,000 so therefore we would be paying 20% deposit. £40,000 left to pay. we do have a Unsecure Loan with our bank, and 2 credit cards, which we use for shopping etc each week,…
-
Change of value of property - await mortgage
Hi I was going to buy a property in Feb and decided to pull out as I had not had the chance to fully check out the market in the area. After three months I decided my heart was still set on the first property, and it was under offer at one point. Then i saw it was still online so I phoned the EA - they told me it was under…
-
Mortgage audit!
We are currently in the process of buying a house, we've had the offer accepted, but we've been informed by our broker that the mortgage application has been selected for auditing, therefore delaying the process. Does anyone have any previous dealing with this situation? Length of time this takes? (Even though the offer…
-
getting an agreement in principle
hello, partner and i are first time buyers and have a few questions! 1. I've read the halifax do a soft credit check for the aip, does this lower our credibility or is it a case of picking any bank? 2. I understand that when we have an aip we don't have to use their services and can go to another provider. Just checking i…
-
mortgage advice
It is important to choose a good house to live and a new house bring many think with it.A new home brings with it new hopes, joys and emotions.But many people don't have enough money to buy a house.Then they need mortgage advice & Home refinancing help to his/her home buying process.
-
Advice, Guidance and Reassurance Required for FTB
Morning All, My husband and I are currently in the process of buying a house/applying for a mortgage. We decided to follow the advice on here and use L&C as are Brokers who gave us a decision in principle. Since we have had an offer accepted on a house and applied for a mortgage recommended by L&C with Platform. As we are…
-
FTB Pros/Cons
Well my life in my current flat will be coming to an end in a few months, so there are decisions to be made.... I have ~8k in savings, some of which in shares which firstly I guess that I should move into cash(and realise gains/losses). Do I then:- A) Look to share a flat with someone else B) Get a flat on my own to rent…
-
FTB new build query
Hi there Just reserved our plot today with Westleigh Homes, move in date is December 2013; was told they need the 5% deposit within 4 weeks which was a shock, we should however be okay for that. Just wondering the estate agent who is sorting the mortgage is seeing is tomorrow for second time and wants P60, wage slips, ID,…
-
First buyer problems bad mortgage help
Me and my partner are looking to buy our first home he has a perfect score I have to defaults showing both my defaults are paid and satisfied and we have no outstanding debts but still struggling to find someone to lend us 60,000 for a home. We have 20,000 for deposit and my dad is willing to guarantor us for added…
-
First payment question
Hi hopefully someone can help. I exchanged contracts today but the completion date isn't until the 28th will my first months payment charge me interest from the 21st or from the 28th? I'm with Nationwide if that makes a difference. Thanks
-
Morgtage
Hello, im thinking of taking advantage of the council house discount and buying my council property, I want to pay of the mortgage for five years, sell, repay whats owed on the mortgage or keep whats owed in the bank until its paid off....use the profit towards a new house I was looking at getting a five year fixed…
-
Mortgage for renovation
I'm hoping someone can put my mind at rest. Bought a repossession in April 13 -needs £100.000+ on renovation and extension. It will be my new home. I mortgaged my current home (was mortgage free) to buy it and using savings to start renovations. Current home now sold. Mortgage is with Halifax and advisor is well aware re…
-
porting an NRAM mortgage
I am in the process of reviewing my financial circumstances; to that end my property is being marketed for sale. Offers received to date do not cover the outstanding loan amount, being approximately £20,000 less than required However as I am not asking for additional borrowing, rather I wish to port the mortgage to a…
-
Halifax Mortgage - Conditions
Hi guys, the conditions of our mortgage with Halifax state that we must hold a Halifax current account with at least £1000 credited to the account each month. It is a bit vague, in that I'm not sure exactly how this is supposed to work. I've set up a current account in my name, but as the mortgage is in both mine and my…
-
Gifted deposits
Hi All, I am purchasing a new property and selling my current one. Part of the deposit for the new property is coming from the father-in-law as a gift. The lender is happy with this but I have heard that there are limits to the amount of money one person can give to another? The father-in-law may put the money in trust…
