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Advice from brokers please? Stressing myself out :(
Hi all, We're applying for a mortgage with Halifax using the Help to Buy scheme. We went through the application with a broker on Thursday last week but need to wait to get permission to proceed from isos before the application can be submitted. That said we should hopefully know one way or the other next week and i should…
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RSA Low Cost Endowment - surrender?
OK, I have tried to work out what to do with this policy based on existing threads but they are quite old and I can't find quite what I am after so I have started a new question. Apologies if this is a repetition but when I started seeing the word Zombie used I got quite concerned. I took this policy out in the days of 14%…
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95% Mortgage advice required
Hello all, I'm a newbie to all this mortgage stuff, but would really appreciate some advice from the MSE community. Im looking for some good sources of information before I go and see a mortgage advisor at the bank. I'm probably looking to go with a 95% mortgage, I have done some initial research on google, there seem to…
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First time buyer - help needed!
Any help here would be greatly appreciated :) This morning I applied for a mortgage with Nationwide via a mortgage broker. Unfortunately, my application was declined and I was advised to check my credit score. I did that this afternoon with Experian and my credit score is 'good' with no negative indicators. I called…
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First Direct Offset Mortgage
we have finally finished our 5 year fix but want to stay with FD as the offset is easy etc. we owe around 70K would you go for a 2 year or 3 year fix. we plan to overpay. we only have 3 years left on our mortgage. rates 2 year - 2.79 - £499 fee - 3.09 - no fee or 3 year - 2.99 - £499 there are other choices SVR is 3.79.…
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Need help very complicated
Removal required
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Skipton - Application Process Length Query
Hi all, Just a quick query for mortgage brokers who have recent experience with wait times to hear back from Skipton for mortgage applications. Our broker was a little coy on the time Skipton take to say yay or nay. It might sound a little impatient but with 4 weeks before we go on holiday I am keen to have something…
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Help to Buy with a default?
Hi..I am new to this, but am after some advise please.... My partner and I are looking at the Help to Buy Scheme, as we have a few developments around our area which are offering this scheme. We have the 5% deposit (£12,500), we have worked out our affordibilty and can afford the mortgage payments every month. But my…
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Help to Buy with Defaults
Hi Newbi here needing some help.... Im looking to purchase a new house on the help to buy scheme. The issue i have is i had 3 defaults logged back in Oct 2007 (2 have satisfaction dates June 10). What lenders are there that would be able to look at my situation with out being declined straight away. (dont want to go…
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1st Time Buy to Let
Hi, Im hoping some of the experts can give me some advice. Im a homeowner but looking to buy a 2nd property to rent out to my parents. I have today spoken to London & Country & they have advised me that I should have no problem getting a BTL mortgage but I will need a 25% deposit as I will be a 1st time LL. I am looking at…
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Abbey/Santander
Hi all, I'm just wondering if anyone can help me. My wife and I applied for a mortgage with Abbey through the broker London and Country. All was fine and everything was accepted in principal. I provided all the paperwork for them they required then on Friday, out of the blue, I get a call from my broker saying Abbey won't…
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NRAM/Northern Rock issue
Hi, I hope someone out there can help us. Me and my wife got an "all together mortgage" with Northern Rock in 2006 so we could get on the property ladder. 95% was for the mortgage and the rest was a loan to pay the deposit and consolidate debts. In 2009 when Northern Rock went wrong we got switched over to "NRAM" and…
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Mortgage in principal application: Company director
Hi, i'm about to ask for a mortgage in principal and as a company director, need to know what figures I need from my yearly financial statement to apply: gross turnover net profit directors renumeration dividend thank you
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Who does 90% LTV on New Build
Hi All Except from Skipton - who else will do 90% LTV on a new build house? Any help is appreciated
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Mortgage Stay or Go?
Back in 2006 I stupidly started a 10 year fixed rate with Nationwide. Since then I've moved house and as there was 6 years left on the fixed rate had to leave that mortgage as is and take a second for the additional borrowing. My LTV is about 74% so the second mortgage is just starting a 3 year fixed at 2.44%. My problem…
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Black mark on credit rating
Hi, I have a question for a family member who is having trouble getting a mortgage. Her and her boyfriend want to buy a house together and applied to the bank for a mortgage. Unfortunately the boyfriend had a 'black mark' on his credit rating due to something from his uni days, my guess is some kind of loan default, I dont…
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Interests payments on mortgage
Hi all thanks for reading, basically I maybe being totally stupid but here goes hopefully someone can explain it to me So I have a fixed rate mortgage with the Halifax and the last few months I have been able to see these payments online. I have previously used a calculator online to show intrest vs capital from each of my…
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50/50 mortgage? (shared ownership)
Hi all, after some more advice if possible. Been talking over the possibilities og purchasing a house with my parents. basically i'll just tell you the ideal scenario and if the people in the know could tell me if it's possible that would be fantastic. Purchase a £100,000 house split £50,000 each, both with our own…
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Mortgage approved, contracts ready 2 exchange but want to pull out ?
Hi having a bad weekend.We are mortgage approved, 3 months in to buying a house, and contracts are ready to exchange BUT the seller Has changed their mind to not include some furniture in the sale we had pre agreed would be. In the grand scheme of things if we really want the house I guess we should carry on but the…
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Problems with mortgage advisor - Please help me!
Hi All, I am really hoping someone can offer me some advice on my situation. During April I spoke to my current lenders who advised me on the deals they were able to offer, they were higher than some I had seen online (through money saving expert) and as a result I carried out a lot of research and found the best deal for…
