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How quick is to quick?
Hey We had an offer on a house accepted today. The seller's want everything "done and dusted" by the end of JULY. I called chancellor's conveyancing team and agreed for them to do the legal store of things. So I made an appointment with nationwide for the 15th June. Will this be enough time or should I get the mortgage…
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Mortgage refused, credit scoring, help.
Hi all, Me and my wife have just had a mortgage refused despite passing all affordability tests, the reason is stared as credit score failure and offers some examples as to why, none of which apply to me or my wife! I know companies don't give a real reason but it creates a catch 22 situation where me and my wife have no…
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Santander Mortgage - Does anyone have a breakup of charges?
Interested in knowing the associated charges tied to Santander's mortgage offers, like - completion fee, valuation fee, exit fee, completion fee, mortgage account fee, etc. Trying to get the right person at the end of their mortgage helpline has been a nightmare since a couple of days. Have been asked call after a week!!!…
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Mortgage Application (FTB)
Hi, I have a query, I'm hoping someone will have the answer. Can I obtain a mortgage before putting in an offer for a house? The reason I ask is because I applied last year (Halifax). I have defaults which will expire in a few weeks but at the time they prevented me from getting a mortgage. At the time I obtained an AIP…
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mortgage and financial advisor help
Me and my partner are looking to get our first home, im 31 she is 42. initial looking around suggests we will struggle. do we need a financial adviser? or is the information readily available online?, if need to see a F.A. is there advice free? It would be quite easy to sit down and go through our earnings and outgoings,…
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Guarantor mortgage - how does it work?
Hi Guys, I am hoping someone can help with this. We have an existing property but want to purchase a bigger house. We do not want to sell the existing house as we would not get anywhere near what it cost us. Our bank have said that they would give us permission to let so we dont want to use this property at all. The new…
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married couple - home and mortgage each ?
Hi, my wife and I currently have a joint mortgage and are thinking of moving house. We would like to avoid a chain so are considering options. We have a fairly small mortgage on our current house so I wondered if the following would be feasible. 1) remortgage current property in my name (remove wife from deeds) to raise…
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Help with buying partner out and adverse credit
I used to be a regular on here but not used the forums forquite a while. Hoping for some advice please. Purchased a property with my partner in 2006. We split up last year and we have now agreed that I will buy his share and continue to live in the property. He has just moved in with his new partner and they do not need a…
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Mortgage - Unexpected Problem!
Me and my partner have had an offer accepted on a property and we had a AIP with a provider without any problems. However as we submitted an application, the advisor emailed us to say that it was showing I had missed payments for 4 months back in 2011. This is a complicated problem with Orange as we moved house early and…
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Could a joint application be harder than a single application?
We've had the thumbs up from a broker that they could get us a mortgage at a rate/LTV that we like, based on a single application - good credit history and salary and a permanent job. But ideally we want both names on everything, as it's a team effort. The second person has a similar credit history and salary but works on…
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do I complain advice needed
Just over month ago I contacted my high street bank mortgage provider - via telephone to their dedicated mortgage centre - just wanted to extend my buy to let mortgage (couple of years to run) - have no particular problems - was passed around - six different people - lots of music - best advice was to contact them again…
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What are my chances of mortgage being approved?
Hi, I currently own a house with a joint mortgage. we have owned the house for 2 years and before this i owened a flat with a sole mortgage. I think i had the flat for 4 years. I put a very large deposit on the house close to 40% and my ex put no deposit down. This was all signed at the time too as my money. But now we are…
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First time buyer - right to buy - previous credit problems.
Hi all, I am looking for some advice. I was declared bankrupt in 2006 and discharged the following year. This is no longer on my credit file. I have 4 credit cards, all with small balances, which I obtained to help rebuild my credit. Vanquis, Capital One, Aqua and Barclaycard Initial. I have the right to buy on my flat. As…
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Santander mortgage - realistic ?
Hi Advice please! We phoned Santander and on our joint earnings of 38k they could lend us 148k. This seemed a lot to us and not sure if this was them plucking numbers out of thin air? We have childcare costs of 500 a month which will drop by 200 once eldest goes to school this year. We have approx 65k equity in our current…
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Mortgage - Age Discrimination?
Leeds Building Society offer a 10 year fixed rate mortgage at 3.99% and have an upper age limit for loans to be repaid of age 75. BUT, if you are already in receipt of a state retirement pension, they will only consider a mortgage application under their 'lending into retirement' criteria, all interest rates for which…
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Help understanding retention please!
I know this sounds a little confusing :think:
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Very strange valuation survey...
Hi All, I just wondered if anyone else has experienced anything like this. We bought our flat in March 2012 £152.5K it need a little bit of work, I've cleared the heavily over grown communal garden and had the original sash windows renovated (£5K spend). We need a little extra cash to replace the boiler and kitchen so I…
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Cost-free remortgaging
Is it possible to remortgage at zero cost, e.g. no legal fees, no valuation fees etc? I've seen a few things about 'we pay your fees' when moving a mortgage to another provider, but does that include absolutely everything? We may have a lump sum that we can put into our mortgage as an overpayment, leaving us at 50% LTV…
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Today's tip - payday loans
This year we have seen a number of adverse credit mortgage applicants who have been taking payday loans in the mistaken impression that they will improve their credit rating. :o Please note that payday loans (which show up on your credit file) ring alarm bells for mortgage lenders, even adverse credit specialists. To a…
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New mortgage application
I have been renting for the last 5 years although did have a mortgage prior to this which was paid off in full. I am now looking to buy a house again and take out a mortgage. My query is, could I be considered a first time buyer as I have not had a mortgage for 5 years? Technically I know I'm not but I have been told I may…
