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Halifax mortgage offer - advice needed
Hi, We applied for a mortgage of £120,000 on a £320,000 property. The remainder of the purchase price is cash. We are having a four way mortgage. The principle applicant income is £34,000 and the second applicant is £51,000. Neither of them has any late payments or defaults. Only two incomes are being assessed, but since…
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mortgage offer ,nationwide
finally after 6 months i finally have a mortgage offer from nationwide,when they say jump through hoops believe me it is the worst experience i have ever had,santander who are my current lenders were a total waste of time ,with a mortgage then 2 additional loans to change my property from being uninhabited since 1997 to a…
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Expat Mortgages - any advice?
Can anyone recommend a company that offers expat mortgages in the UK? I'm a UK citizen but am living abroad and wish to remortgage my property. There are added complications by the fact that the country i live in only has observer status in the FATF. Thanks!
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Offer withdrawn from Natwest, Any Advice?
This may be one for the brokers on here. We received a DIP then a written offer for a remortgage from Natwest for a 90%LTV, 247K Loan, house value 275K, Moving towards completion the Natwest solicitors land registry search found an inhibition had been previously registered on my property in July 2011, The inhibition was…
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Problems with first time buyer AIP - previous applications show as accounts
Hi, Hoping for some advice with issues securing an agreement in principle on a first time buyer mortgage. Some background first. Last year we were approved for 3x FTB mortgages with HSBC. The first two fell through, with the third I was made redundant two weeks before completion (thankfully before exchange!) so HSBC…
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Proof of Deposit Nationwide..what and how to send
Hi We have posted off our mortgage application two weeks ago with the requested documents. We received this email last Friday: "Hello Mr & Miss I am looking after your home purchase application, I will need to see you proof of savings to confirm your bonus. Kind regards " We then replied with the statement attached. He…
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Company error put on credit file after survey HELP!!!
Hi, My girlfriend (2nd applicant) has one of the credit builder cards where you pay 5 pounds a month to build your rating(stupid I know). Anyway natwest did a survey on the house yesterday and I checked her credit rating on experian today and see that cashbuilder plus have put a 1 late marker on her acount for 4.99 missed…
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Potential FTB advice
Hi All, Myself and husband would like to buy our first house together shortly, but we have just found out that on my OH experian credit report he has 8 missed payments from a debt in 2007, which was in dispute and only settled in Novemeber 2011. Other than that particular one our credit reports are good, we have not had a…
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agreement in principle or credit check first?
Hi all, Could someone please just let me know how this works.First time buyer.In order for an offer to be taken seriously/give us more bargaining power,I intend to get what I believe is a mortgage " agreement in principle". Q - will the Mortgage company do a credit check before agreement in principle, or do they agree in…
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mortgage protection options?
Hi we have a mortgage which we've had for 7 years we have just changed the house and mortgage to a buy to let one, as we needed a bigger house and couldn't sell ours, So we've had an offer and mortgage all done and sat morning we're back into the bank Lloyds tsb to discuss mortgage protection, We use Sequence as that's who…
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Am i still fixed?
Hi all, I took my first Mortgage out just over 5 years ago with Halifax. I was fixed at 5.990% for 5 years and they were fixed for in 10 years. I looked at changing in around December time when my 5 years were up and I could deffinately get a cheaper rate at the time. However, due to being crazy busy with weddings and work…
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Porting mortgage after selling before new property has been found?
Long story short: My wife and I had our own properties before we got together, we met, got married and moved into her house and rented out mine. We're now close to selling mine and want to port the mortgage from it to a new property we want to move into and then rent out hers. Only problem is - we haven't yet found a house…
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Mortgage advice needed.
We currently have a mortgage with Satander and we want to sell our place and get a bigger place. I am employed but my husband is a self employed sub contractor. Does anyone know if our mortgage company are going to be helpful or if this whole crack down on self cert mortgages will affect us? When we first got the mortgage…
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Should I ditch my fix for Offset?
I have a fix rate of 3.69% until Jan 2015, currently have £147,544 left on mortgage over 23yrs 6mths. I have come into a large sum of money (80k) and I am wondering whether to ditch my fix and go onto a offset as savings interest rates at the moment are not very good. I will have to pay a £4300 ERC if I ditch my fix but…
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Mortgage Declined by Nationwide - Advice please
Hi, My mother is a long time tenant with our local council and we recently made a joint application for the Right to Buy which was approved. The figures are as follows: House value: £66,000 (its not upto much :P) Discounted price: £29,040 We subsequently made a joint mortgage application requesting to borrow £45000 in…
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Good current credit rating, not so good credit history.
Hi All, This is the first time I'm posting on any forum, so I hoping it may help. Just over 4 years ago I found myself 2 months in arreas with my mortgage. After speaking to the mortgage provider I was under the impression we had agreed the arreas on the mortgage would be added to the full amount and I increase the monthly…
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How would a mortgage offer be confirmed by the lender?
Hi, Sorry for the ambiguous title.... I gave a call to my mortgage adviser yesterday and he confirmed he will offer the mortgage before 5pm. Till now, I didnt receive any email or phone call from him and I am a bit worried (we have a really tight deadline for the entry date and other stuff to be prepared before that). I am…
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Repossesion details
Hi, I wonder if anyone can help. I am going for a mortgage with my wife. 15 years ago before we were together her house was repossessed. I went to court and no money was owing and she got money back. Bur now because we declared this on our application with Nationwide they want a lot of info re this possession which she…
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Can i sell a private mortgage, advice please
Hi, i owned a property a relation wanted to buy but he could not get a mortgage because he is self employed and did not have 3 years books. The property was on the market with an estate agent for £100,000, i sold the property to him for the asking price, he gave me £32,000 deposit and my solicitor drew up a private…
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Having two residential mortgages at the same time
Hi, We are in a dilemma and do not know if its possible, My partner and I have a joint mortgage on our current home, but we would like to purchase a new home to live in without selling ours first, we have been approved a new mortgage because we have saved enough to have a deposit for this second property and are fortunate…
