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Declaration of Trust in marriage
My question is regarding a Declaration of Trust. I got pretty badly stung to the tune of £33k with an ex girlfriend about 10 years ago and was subsequently told I should have had a "Declaration of Trust" drawn up. I am now married and in the process of putting £130k of my own money into a new house with my wife who is only…
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Having difficulty remortgaging
Need a quick bit of advice please. We are in the market to remortgage as its due but we’ve been made aware by our broker that we will struggle due to affordability this time round (reduced earnings and CC debt) even though our LTV is sub 50%, but have been offered a good deal by our current lenders NatWest If this turns…
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Remortgaging with low ltv but wanting to include extention
Hi there, I currently have 20 ltv. Our mortgage rate is not great so we are looking to remortgage. Is it possible to get a remortgage to include the money for an extension? Bearing in mind the extension should increase the value of the property and therefore maintain the ltv rate or possibly improve the ltv.
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Nram - loyalty rate after 7 years
Hi I assumed that the .25% loyalty rate would be passed on to folks on together mortgage deal - the NRAM web site says no such loyalty rate would be passed on for this type of deal. Has anyone had this .25% rate passed on when they were on a together mortgage deal?
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Helping a family member purchase property
My Brother in law is looking to buy his first property,and I am looking at ways in which I can help out. He will be living in the property with his family, and has no deposit. He would be looking to get a 50% mortgage on the property and i was thinking of ways of helping out with the other 50%. I have approx 25% of the…
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Small Overdraft Extension
Hi all. A quick question, I move into my new house in six weeks :beer: If you needed an extra boost with my finances would it be ok to ask my bank for an overdraft increase for a month? Would this damage my mortgage which is already approved and going through? Thanks Blue
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Attempting to raise funds for a property purchase abroad. Any tips?
Hello all, So I need 40,000 quid to fund a purchase in Russia. I could get a Russian mortgage but at 11.5 percent I'd obviously rather not. I have around 20,000 equity in my UK flat so have considered remortgaging but it's still not quite enough. My parents have offered to help but they are pushing 75 and currently have a…
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New mortgage deal with same lender - Will it require a revaluation?
Quick query, as I've come across a few differing views on this: I bought my first house two years ago. I went with an independant mortgage broker who got me a nice two-year fixed rate with Barclays (in hindsight a tracker would have been slightly cheaper, but at the time the extra security was definitely worth it for me)…
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Help with first plus loan
Hi all havent posted on here for a while but would really appreciate some advice as Im fuming with first plus, brief history we took out loan with FP in 2004 for £30000 they added on near £8000 in ppi which we are still fighting to get back (now being fast tracked via FOS) but I would like your help on what to do next,…
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change of address before mortage application. help to decide!
Hello Guys! Simple question - your feedback is appreciated! I am renting at the moment and im about to start looking for property to buy, hence will be applying for mortgage. i lived at my current address over a year now, but the conditions are so intolerable im so fed up and want to move and rent somewhere else even…
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Mortgage advice needed :)
Hello everyone, please don't be too stern with me as I am new. Ok my situation is a little bit complicated but I will try to be as concise as possible. I am currently selling my first property which should all be done and dusted by November. The sale will give me approximately £20,000 after I have paid back my Mum her bit…
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mortgage
Bear with me and sorry if this comes across as my being thick.:o. My question is , if you set up a direct debit for your mortgage and the interest rate changes do you have to amend the direct debit each time or will the mortgage just inform you its changed and take out the due payment.
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Nationwide Unbelievable Levels of Incompetence
Nationwide Unbelievable Levels of Incompetence I write this at the end of my tether, I am genuinely shocked at the levels of incompetence demonstrated by the Nationwide. From my experience over the past week or so there is no case ownership within the organisation and communication is extremely poor boarding on…
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Stuck in a joint mortgage
Hi there, I joint own a property with my ex husband, there is a court order that states he pay me the mortgage money and half the profit which he has not upheld and he is not paying the mortgage. He has CCJS in his name against the house and the house is in negative equity. If he were to go bankrupt what would happen about…
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Little things adding up to equal refusal?
There seems to be lots of little things about our lives that add up to refusal of a mortgage, I suppose I post this as a warning to others and in the hope someone will tell me not to worry too much... My husband is in the military. This means we have had four addresses in 3 years. I don't work so all bills etc are in his…
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Using mortgage for home improvements
Hello, I am thinking of doing some hefty home improvements and would like to know if I can borrow against the Future value of the house rather than current value in order to complete the work. The situation is simplified a bit - the neighbours with an identical house have done the work we want to do, so the "finished…
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Concerned this is all going to fall through!
Just looking for some advice. I Can't help feeling I'm reading too much into this so probably looking for a bit of reassurance. We are based and buying a house in Scotland. Our solicitor put a verbal offer in to the sellers estate agent and after some negotiation, this was accepted. The solicitor then put the formal offer…
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Applying For Mortgage- Already Have 19k Personal Loan
I am going to apply for a right to buy mortgage but i already have a £19k(originally £22k over 6 years at 18.9%) unsecured personal loan with 5 years remaining and am paying £471 month. Will this affect my application? Or will i be able to apply for extra £19k mortgage to pay off my personal loan? Also are right to buy…
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will this give me a black mark on my credit score
I changed my mortgage last month and despite the balance being paid off and several calls my old mortgage account is still open and showing an increased balance/debt each day . The only reason we know is the Halifax mortgage shows on our rbs current account. Should I leave it until they catch up, or should I be getting on…
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Great money maker , if your a lender
I have just "discovered" that my new mortgage lender is taking the money from my current account 14 days before they place it in to my mortgage account. When I phoned to query they said there was nothing wrong it's just the way it's set up. They set it up to take the money on the 16th and it doesn't arrive in my Mortgage…
