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Surveyors backed out due to conflict of interest?
Nationwide instructed Countrywide to do a valuation. Ive been following up since Tuesday to try and get a date, and when I called them today they said theyre referring me back to nw due to conflict of interest. What does this mean? Have I dodged a bullet or will this take even longer now as cw may have been more available?…
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Are Platform / Co op still lending with the Co op fiasco?
I applied through a Mortgage Broker for a £80,000 mortgage on a £95000 house on 26th April via Platform Home Loans. I have a £40000 income and my credit score at Experian is 999. I have an excellent track record of paying credit. My experience so far with Platform has been... 1. Platform gave me a DIP agreeing the finance…
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Bd credit mortgage
Hello. Hoping someone can advise me. My husband and I have recently finished a debt management plan which took 4 years to clear. Unbeknownst to me as we cannot find or recall receiving paperwork there are two defaults on my credit file. They were put on in 2009 at the start of the DMP. I am asking for copies of defaults…
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Commercial Mortgage
I'd like pointing in the right direction if anyone can help? I've two properties, my current home and and a commercial property. The commercial property is currently rented out and I'd like to get a commercial loan for it's value to off set my debts. I had a business loan, but had to re-pay it when the banks pulled the…
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Repay mortgage or do something better with the money
Hi, I'm looking for some advise; both about what i should do, and what i could do. I'm in the fortunate position of owning a house with a mortgage, and have the same about of cash in an easy access bank account. The dilema is should i pay off the mortgage or do something else with the money? The main reason why I'm…
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Another will I get a mortgage question
Hi everyone I have been looking on the Internet at the mortgage calculators and they seem to vary so much that I am confused as to how much I will actually be able to lend for a mortgage. Details as follows My income 20400 My partners income 13177 We have a 40000 deposit We want to buy a house worth around 160000 so will…
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LTV & End of Fixed Term
Hello Sorry if this has been asked before, but a quick search didn't yield me any results. We brought a property for £131,000 earlier in the year with a 20% deposit. We are currently on an 80% LTV fixed rate mortgage with Nationwide for 2 years. My question is, when we come to the end of the 2 years, and decide to take on…
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Re-mortgage now or wait 12 months?
I am four years into a 5 year fixed mortgage. I am considering re-mortgaging now and paying the 1% penalty charge for early repayment in order to benefit from the current low interest rates - I am currently paying an interest rate of 4.8% with a LTV of around 60%. I will probably look to take out another 5 year fixed deal.…
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L&C mortgage advice left me wanting
After reading the remortgage advice on this site I contacted L&C to find me new mortgage. They found me one and I had my mortgage approved in principle. Paid my booking fee and had my house surveyed. The mortgage company (Coventry) then refused to complete the mortgage because my house is off-grid (power is supplied by a…
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Mortgage after DMP
Hi. I have just paid off my DMP 5 years early after a big change in financial circumstances. I earn £30000 a year. Can you tell me how long I will have to wait before I can get a mortgage ? I have a deposit and my partner will be a joint applicant and earns £28000 a year. Many thanks
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Buying flat from family, advice needed.
Hi everyone, I'm looking for a bit of advice with purchasing and selling of a flat. Me and my girlfriend have been renting a flat owned by her grand parents for a while now and they have offered us the chance to buy it from them. We have the deposit and salaries required to get a mortgage however both us and the grand…
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Sold at a loss - Help/Advice Required please
Hi All, Last month i privately sold my flat for a loss, as it was going to sell for less than what was owed on the mortgage, I could not sell it without the permission of Nationwide - an offer has to be submitted to them, and they would make the decision as to whether or not the offer would be accepted. I had to fill in a…
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Long overdue remortgage
We have been ticking along on the Co Ops SVR for a long time and paying much more in interest than we need to, so its time to remortgage. Our house is worth 180K and we need a mortgage for approx 79K, so around 100K in equity. We both have a good credit rating and earn a good wage. Ive been looking at tracker mortgages,…
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Leeds Building Society
Does anyone know how long Leeds are taking to instruct valuations at present? Thanks
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The Bank of England Base Rate
What's the prognosis for fluctuations in the BOE rate over the next couple of years? After 5 years of paying 6% plus on a FTB mortgage (95%) we're about to come to the end of the fix and shall be finally benefiting from the low BOE rate paying just 1.45% on the Woolwich Lifetime Tracker which, after being tied to a FR will…
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Exit Fees (discharge fee)??
I am in a position to pay off my mortgage, i only have about 12 more payments. Looking at my last mortgage statement the redemtion amount is about £400 more than the amount i owe according to Britannia the £400 consists of a Early Repayment Charge a Deeds Release Fee and a Discharge Fee of £125 per mortgage Question - 1 is…
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B61 Notice of severance of Joint Tenacncy
I purchase property with my older sister after years of living together one day I came home and she had changed the locks. I ended up having to go home to our parents. My sister did not pay me any money for the property and I did not sign anything to sever the tenacny. Now she has died and her executor have filed a B61…
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Current Account Mortgages?
i am potentially going to be propertyless in a few months, with a view to finding somewhere to buy in the latter part of the year. at that stage, i will be after a current account (ideally) or offset mortgage.....thinking i would keep ISAs and other Equity investments but use all cash to offset the mortgage. not a lot of…
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another Bad credit morgage question sorry
Hi there everybody just like to introduce myself and say hi as its my first post on here but looking at the vast forum topics certainly wont be the last, has to be one of the most helpful and interesting sites around. Anyway thanks in advance for any help. My problem. Applied last year for a mortgage and it was excepted no…
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Nationwide Mortgage Application
I made a mortgage application online on the 8th June It took until yesterday for the application to be received (as per the email I received) It now says Valuation Instructed. What I want to know is at what stage do Solicitors come into play. I was intending to use the Nationwide free conveyancing/panel solicitor as I…
