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Help-To-Buy Three Months Early: Any takers?
I guess most people have heard that the government has brought the new Help-To-Buy scheme forward to this week? http://www.telegraph.co.uk/finance/personalfinance/houseprices/10343049/RBS-and-Lloyds-sign-up-as-Government-launches-Help-to-Buy-three-months-early.html Is anyone taking advantage of the situation? I am…
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Bank reducing a mortgage by 85k, is this legit?
I was recently contacted by these guys Negative Equity NI They told me they could negotiate down my mortgage, this is a message on their Facebook page (search negative equity Ni on Facebook) "A case completed last week where one our clients had a mortgage of £155,000 with one of the main high street lenders. The property…
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won't consider an offer until estage agents mortgage adviser vets us?
I'm finding myself in this stupid position as of about two minutes ago. This morning we put in a (fairly but not obscenely low) first offer on a house. Within minutes EA called me back to ask me to see their adviser, we've had a MIP agreed over the phone with First Direct, sent off our ID last week so are just waiting for…
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Sloar panels on a roof
SOLAR, Blast not Sloar!! We are hoping to buy a house soon which has a solar panel on the roof, the 25 year contract states the owner will have free electricity during the day and the operators sell the excess. I will obviously review the contract but I am told some lenders are not keen on advancing money when there is a…
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Can I get a mortgage
Hi if someone could help that would be great. With the exception of a default on a credit card which I got last August and I settled fully in June of this year. My file is otherwise clean. I earn 30k a year. I have seen a house for 120k and would like to put down a 30k deposit, what are the chances of me getting a…
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New Mortgage - not sure what to do/what we can get....
Hiya, I'm just looking for a bit of advice please, if possible. We just can't decide what to do and don't know if we'll be able to get another mortgage and if so, how much for..... We are currently stuck in a small flat which has been for sale for 2 years and no sign of getting sold any time soon. We were thinking of…
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Loosing secondary income during application...
We are in the middle of our Mortgage application with First Direct. They have carried out the survey but we haven't heard back or got the documentation or (I think) a formal offer of a mortgage. My wife got a phone-call out of the blue (totally) informing her that the shop where she works is being closed down in two weeks.…
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Newcastle BS - how long for Mortgage Offer
Hi, we've recently submitted a mortgage application to the Newcastle Building Society and wondered if anyone has had recent dealings with them to understand how long it may take to get an offer. Timetable so far is:- 16th Sept Telephone conversation with their Mortgage Advisor to go through affordability and produce Key…
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first time buyer / self employed? Mortgage any chance??!!!
Hi, Im wondering if I will ever get a mortgage!!! I am 33 years old I have been self employed for last three years and I also work two days a week as a teacher. I earn approx £12k a year for teaching two days on top of nay profit from my business Year 1: 2012 profit - negliable (was still working as full time teacher this…
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twice the national average income to get a single person offset mortgage
At First Direct you have to have 2x the national average salary to apply for a Offset Mortgage. I want 80K on a 300K house, I have salary of only £49500 they wont give it to me because 1. I don't earn the 50K minimum and my partner only earns 18K so we don't meet the joint minim of an astonishing 75K minimum income.......…
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Deposit - declaration of trust
Thank you in advance for any advice you can offer! My husband and I are first time buyers. The mortgage is in his name because although I work full time I have been self employed since April and cannot be added until I have a year's accounts. However, the deposit money is mine. Originally we were told that it would be ok…
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Proof of deposit
Hi all Sorry if this has been covered before but I hadn't seen it. If I am asked to provide proof of deposit to a mortgage lender, do they just require bank statements showing the deposit itself or does this need to include all the associated fees such as stamp duty, solicitors fees etc? I'm a bit confused and have savings…
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Mortgage Advice - Defaults and old DMP no longer showing
Hi I've posted before, but now find myself in an updated position and would really appreciate some advice on what my options may be before I engage a mortgage broker. My husband and I got in to financial difficulty some years ago. We were over committed which was our fault, but were managing until our eldest son went…
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Accord mortgage Help!
Hi, I am 5 weeks into trying to get a mortgage offer from Accord for a property (FTB). This mortgage offer (or lack of) is now holding everything else up. I have read numerous reviews on Accord...none of which are particularly good, however my mortgage broker implied they were one of the only places that would accept me…
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Which way round - Sell then Mortgage?
Morning I just need some advice please. We are putting our house on the market in the Spring, and wanted to know what you would suggest we do. We need to apply for a mortgage with a broker due to adverse credit (one default) We have already seen a broker who has advised that this should not be a problem as we are putting…
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Can I get a mortgage?
I have an income of £28000, very healthy bank balance, experian credit score of 888, no debt, I have 4 positive factors, 1 negative factor saying 'you have no successfully settled credit accounts' I want a house that is on the market for 118000, have 10% deposit. If I apply through my bank which is natwest, been with them…
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Mortgage & Deposit information
Hi guys, I've got a quick question to ask regarding mortgages. My partner and I are in a position to purchase a house from a family member at a significantly reduced price. Unfortunately, we don't have enough savings to put up a deposit. However, The house is valued at £156k - We can purchase it for £100k - Would we still…
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Missed Payments -
Hi, Having recently realised that there are 3 missed payments on credit check file and while I'm still fighting to get them removed from credit check file, I have few questions. There are new developments coming up in my area and mostly they will be around Spring 2014. Can I get mortgage with these missed payments under…
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Unusual circumstance applying for mortgage
Hi all, I'm new to here, and I'm wondering if anyone can give me a bit of advice about a mortgage application I am making. I will first tell you my situation. I am single and wish to apply for a mortgage as a first time buyer. I have a 30% deposit and am looking to borrow around £80,000. My salary is enough on mortgage…
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completion 30th september
when our solicitors get the local council to complete monday does, that then mean we are the new owners of our own house from that date and, nothing else to do? sorry if it seems such a dumb question thanks
