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New job, is it best to delay our search for a home.
Evening all I have been looking for a new home, waiting to put an offer in on one, our home coming to the market this week. All good. .... Husband has been offered a new job today. I rang our current lender regarding this and they require 1 months payslips at least. What options do we have? The home we have not put in a…
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Nationwide valuation anomaly
Hi folks I am with nationwide currently on SMR and had intended taking another product when ltv dropped below 80% which based on purchase price of my house which was new in Jan 2011 we are at now....HOWEVER Nationwides valuation index has my property almost 20k below purchase price which puts our ltv about 85 % despite…
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New Job Accord Mortgages..
First post here so apologies if this has been discussed before. The long and short of my question is what the likely implications (from experience) of getting a new job after receiving a mortgage offer from Accord but before completion. The new job is the same field and a promotion but as its a move away from London the…
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Need a mortgage deal.....
Tomorrow Ill hopefully be getting a mortgage deal from a local IFA. Does anyone of the reputable forum posters want to do the same for me? I can inbox all the relevant details. We've just put an offer in on a house.... Thanks
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Make mortgage over payments, or clear car finance?
Hi all, Frequent forum reader, occasional poster :) . Currently me and my Brother are in the process of buying a house together, we are at the solicitors starting their thing stage and there is no chain, things are looking good and our mortgage provider is confident about us :) . Now once we have moved in, I will be…
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Maximum ages for mortgage
Can anyone help? I want to move house. need a mortgage. I'm 48 and main earner, misses is 59 and retires in 4 yrs. What age up to I can have the length of mortgage over? I did read that some base length on oldest earner and not youngest, is this correct? Anybody had experience or know mortgage companies which give best max…
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Mortgage, Help?
Hi I was wondering if anybody knows if you can still get a mortgage with a low credit score, me and my partner have our 10% deposit and applied for a mortgage with Halifax and got rejected, my credit score is low because I have 2 defaults on my credit file, I am still paying these defaults and have never not paid them, my…
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Mortgage help please
Hi i wonder if anyone can help, my partner and i are in the process of trying to get a mortgage, ive got my own property, owe £75000 its worth approx £125000, good credit rating, partner lives with me, earns £40000, bad credit rating, he's got a £200 possibly payday loan in default, and £465 vanquis credit card thats still…
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Equity Release
Hi - want to release 50k of the equity tied up in my property. I have approached my lender regarding additional borrowing and financially all looks ok. However, my lender is insisting that I stipulate exactly what I want to use this money for with quotes etc. I actually have a range of home improvements planned as I have…
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After returning from Mat leave.........
How many months of my full time payslips is usually requested when applying for a new mortgage? We plan on moving house when I return from Maternity Leave, but I imagine that I would be expected to have shown several months of being back to my full time employment before my income is considered by a lender in addition to…
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Hoping for advice...
Hi I'm looking for some advice for a friend (genuinely!) regarding his mortgage. The following is what I know.. Bought house sometime in 2003/4 (Northern Rock no deposit mortgage) @ 70k Remortgaged at some point, current mortgage outstanding around 88k, house valued around the same. For certain reasons he is not living…
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Awaiting mortgage decision at bottom of our chain
Hi all I wonder if someone could put my mind at ease... Within the space of a few days, we found the house of our dreams, and we accepted a private offer on our house from good friends. They had a FTB waiting to buy their house so we had a complete chain! On that basis, our offer on our dream house was accepted. Happy…
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Consent to let refused
Hi, I would like some advice. I bought my (leasehold) flat two years ago and in February I remortgaged with Tescos on a 2 year fixed rate repayment deal. At the time that I took the mortgage out I knew that there was a chance that I may move in with my boyfriend and I asked Tescos if they would allow me to get a consent to…
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mortgage
hi im new to this basically I have a mortgage with my ex partner its in both our names still as im now classed as disabled so the mortgage company will not sign it over to just me even though I pay the full payments each month and have so for 4 years. im wondering if anyone knows of any advice I could get to remove my ex…
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Porting mortgage then buy to let
Hi everybody, i wonder if i could ask for some opinions. Im buying a new build, completion date 2nd Aug, porting my mortgage to it and keeping my current property and have a buy to let mortgage in place. The only potential problem is my broker arranged the Paragon buy to let knowing my completion would be in August, but…
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Mortgage deposit shortfall...
Hi All, First post in years so please be gentle! My partner and I have a flat each and we're looking to move in together. We've found a place we like and had an offer accepted, much to our surprise. (Yes I know we shouldn't have started looking or made an offer before sorting a mortgage and securing the deposit but we did.…
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Mortgage Madness
I need some all round advice, and I guess that someone reading this will have an option. We first boughtn our house for 90K 12 years ago and had a repayment mortgage. Then as we had a few serious jobs that needed doing we remortgaged, foer 136 k and on the advice of a broker, had an Interest only mortgage . He didn't…
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Buy to let - what rate would you go for?
Hi I know this is a question designed to be met with a crystal ball, but I would just like to know what you would do. I am due to remortgage, the best of the bunch seem to be 2 year deal interest @ 3.59 + fees £500 3 year deal interest @ 4.19% + fees £199 5 year deal interest @ 4.19% + fees £1250 Thank you for anyone's…
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Nationwide Mortgage application approved..Thanks to all who gave advice!
Hi as the title states our offer came through the post yesterday :) Just wanted to thank those who helped the last few weeks and give a little information that may help others in the future. 24th May: Applied over the phone 27th May: Forms posted back with documents (Id and address check, wage slips and sa302) 7th June:…
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Mortgage term
Hello I was just wondering if the term of your mortgage applied for affected your chances of obtaining one. So if someone applied for a 15 year mortgage instead of the standard 25 years. Would the banks look on it unfavourably as they wouldnt have us much interest or favourably as they reclaim their money quicker? Does it…
