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Ready to switch! Any last words to the old lender?
Following a lot of advice from others on this board we've finally settled on a new lender to re-mortgage with (Nat West). It's going to save us a couple of hundred quid a month, so I'm cautiously optimistic that it's a good move. I still need to call the old provider, just to make sure that we won't be stung for any…
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Expat Mortgage Help Required
I am an expat currently living and working in Russia. I am hoping to get on the property ladder within the next year and purchase a property which may initially be buy to let with a longer term view of returning to the UK and moving into that property. I am a complete novice in this process and have no real credit history…
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Anyone take an Abbey 10 year mortgage in 2007
Did anyone take a 10 year fixed rate mortgage with Abbey (now Santander) back in 2007? If so would u have any paperwork relating to early repayment charges. I am unable to find this paperwork that lists how the charges are calculated but I feel that Santander are calculating the early repayment charge on a formula that is…
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Equity Release Lifetime Mortgage
Hello there, I was just wondering if anyone out there had any experience of the above. My mother has just had her latest statement from such a product and from the initial £25k she released the total amount now owing is a whopping £63.5K. The interest rate at that time was 7.55%. My sister and I are looking into ways to…
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Can I claim about financial advice 15 years ago
I know its a long time ago but I have not previously made an attempt to claim compensation as my complaint doesn't fall into any of the normal categories. In 1998 we were sold a Pension Mortgage by Allied Dunbar. We were re-mortgaging to raise some money for my husbands business. At the time we knew nothing abut mortgages…
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Post Office AIP - FTB
Hi all, I am (hopefully) soon to be a FTB. I am married and due to my OH bad debt I will be applying for a 90% LTV mortgage myself. I have now found a property which I would like to make anoffer on. It is on the market for £90k but I am hoping to get it for £86k. My income is £25k pa and I have no adverse debt. I have a…
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BOS 100% Mortgage Trap
Hi Guys I'm sure this has been asked a thousand times before but I would really appreciate any advice that people have regarding my 100% mortgage situation, although if you are one of the condescending few on here who like to deal out smug comments, please don’t. It’s not helpful, the situation is what it is and we can’t…
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Denied a mortgage - No Electoral registration
Hi everyone, My partner and I were recently denied a mortgage on the grounds that we have not been on the electoral register for over 10 years and have no credit history. Our jobs have required a huge amount of travel over the past ten years so we have not had permanent addresses and therefore didn't register.We have…
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Pay mortgage of early
I have a 36k deposit, i can save 36k a year, i am looking at getting a mortgage for 150k. the idea around saving so much is to pay my mortgage of under 5years what would be the best mortgage for me. I was thinking a interest only, please help. Cheers:money:
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Voters Roll
Morning, Yesterday I received the news from the N&P that they were declining my mortgage application. Despite having a healthy deposit (40% LTV) they declined on the following points: Voters Roll (main Issue) because I havent been registered since '95 they couldn't perform an extensive credit check. Because of my job and…
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Mortgage reply delay
Hi all I am waiting on the official yes or no from Halifax they have all they need incl Home Report and valuation which has now been typed onto their headed paper on Tuesday o I have been told. But my MA said that Halifax have a backlog for mortgage apps at the moment we have been given an unofficial yes so my MA says she…
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Scottish Widows
I have had a 20 year endowment style plan with Scottish Widows now for 16 years paying £25 a month. Sum assured was just under £5000 which thinking back is crazy as I pay in £6000. They add bonuses every year but up to now is around £5700. I presume they will add a sizeable terminal bonus in 4 years time. Has anyone else…
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Hope someone can help
Hi, I'm hoping someone can help me if possible, I am going to speak to a solicitor tomorrow but would appreciate any help or advice you can give me. I was previously married and we bought a flat for 30k in 1995. We were not married at the time, we got married in 1996 and divorced in 2001. I had left the marital home in…
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Halifax offer
We applied for a mortgage with Halifax last Wednesday and got our offer this afternoon. Just reading through it. Does anyone know what this means: You have declared an intention to repay some or all of your outstanding credit commitments. The mortgage advance has been assessed on this basis and it is your responsibility to…
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Credit checks - generally when are they done?
Hi all I've just seen this subject mentioned on another thread but am a bit confused (it doesn't take much!) Is there a general rule as to when credit checks are done for mortgage applications? We are still awaiting a DIP (long story, this is the 3rd week). Will we be credit checked before we get this? I thought that you…
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first time mortgage advice please!!
Hi everyone, looking for some mortgage advice, I am looking to get a mortgage over the next few months with my partner. I am a self employed driving instructor earning around 24000 a year before tax and she is employed as a pharmacy dispencing technician. I am aware that as I am self employed, I need at least 2 years…
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Chances of personal loan after mortgage
Just looking for some advice please I am about to complete on my house day after tomorrow, can I go to my bank for a personal loan for home improvement after this or will it be refused straightaway. Anyone done this earlier or anyone who knows about this, I would be glad if you could assist on this please. Bretts
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Deflection to areas of brickwork
What does this mean? It cropped up on a valuation but was said to be longstanding, non progressive and did not pose a special insurance risk. The likelihood of further significant movement seems remote and no structural works are required. A specialist report is not needed also. Will an insurer still be happy with this
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I have a gifted deposit of £25,000. How important in applying for a mortgage
to have my own savings
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Shared Equity Scheme LIFT (Scotland)
Is it any easier to get a mortgage for 60% of property under a scheme like like lift that an open market mortgage?
