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Nationwide Flexclusive - Free standard legal fees
Hi, I'm a first time buying, and I have a question about Nationwide's flexclusive fixed rate mortgage. It says they will provide "Free standard legal fees" by providing a solicitor Does this mean if we wanted to use their solicitor, we wouldn't need to find one at all? that Nationwide's solicitor will deal with all the…
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Close Mortgage Acc
Hi New to this site!!! Can anybody tell me do we have to close our Mortgage Account with Santander. My Endowment matures and we can pay it off. They are charging us £298 to do that. What a rip off!!!!!!!!!!!!!!!
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sign up for HSBC current account to reduce mortgage fee
Hi, we have applied for a mortgage with HSBC. We have had one approved in principle and yesterday had the first of 2 meetings with a mortgage manager. One of the things I found out in the meeting is if I was an HSBC current account holder it would reduce the arrangement fee for the product we want by 1/2 (I wish they'd…
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Implications of price reduction following formal mortgage offer
Many thanks to all those who contribute to this forum - it has proved iinvaluable to us so far! We are first time buyers. We have a formal mortgage offer for a 5 year fixed mortgage on 90 pc ltv with Nationwide. Following survey, we are planning to negotiate money off the price due to damp found which will cost £2500 to…
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Mortgage options after divorce
Hello forum :) Right, I'm looking to get my own home after renting for close to 3 years after the breakup of my marriage. We both still have our names on the mortgage of the house we bought and where she and my two children live. She is now living with her boyfriend and their newborn baby in that home. I don't pay towards…
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Mortgage Lenders Who give mortgage when CCJ is on file.
Hi. Me and my wife are thinking about getting a mortgage with a 5-10% deposit, we're both in employment but my wife's is part time. but we both come out with the same amount at the end of the month. My main worry is the CCJ which was from a debt when I got divorced 6 years ago but only appeared on my credit file in 2010…
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Broker sent application riddled with errors: what would you do?
L&C sent off my application form to Santander without telling me, before applying any of my corrections, which I'd already sent them. It has an error rate somewhere around the 25% mark. For example, they got wrong my birth date, the date I started work at my current job, my phone number, the address of my solicitor, the…
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Won't Formally Accept Offer until we have seen Advisor
Me and my Gf have put in an offer with the estate agent, and there are also 2 other offers (apparently) They said that none of the others would be accepted until we have all been assessed by their mortgage advisor... We are the last to see him and it is 10am tomorrow! Is this all pretty normal? Cheers
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Halifax mortgage offer withdrawn after confirmation of funds
As the title suggests, Halifax has just withdrawn their offer not only after the mortgage deed was signed, but after they faxed confirmation of payout. My case was one of a very limited number that was randomly selected for audit. They feel that there was discrepancies in the information I had provided. I can assure…
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Might I get a mortgage
Hi All I am 62 years old, retired and have a small mortgage left on my home. I have an occupational pension of around £14000 per year. I really would like to move to a smaller and more manageable home in a better area. My mortgage will not be paid out until am 75 years of age and I have one credit card which I keep under…
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Overpayment, then early repayment
Hi everyone, I was wondering if anyone knew the answer to this one.... I currently have a Woolwich mortgage with a yearly overpayment cap of 5%, and a 6% early redemption penalty. I have recently inherited a substantial sum of money which I want to use to pay off the mortgage, so am willing to take the 6% one-off hit but…
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Mortgage payment confusion
Hi all, I was wondering if some can help clear my confusion. I brought a flat almost 12 months ago. We took out a mortgage, fixed rate deal with ING – 2 year fixed rate deal. The monthly payment is £475 (for the duration of two years) – 3.75% fixed rate. After payment our initial deposit £ 40,000on the initial sum of…
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Buying From Owner Without A Mortgage
Hi, can anybody give me some links or advice on how to buy a property from the owner without a mortgage. We are looking at a holiday home that we've previously rented and the owner wants to put it up for sale. As the property is overseas and I am self employed without 2 years accounts I don't fancy my chances of getting a…
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Buy To let mortgage criteria question
Saw an advert for an HSBC Buy To Let mortgage ( 65% LTV/2.99% ) so I went to the site to have a look. Under the eligibility tab it stated this....'if you are a sole applicant, you have an annual salary of at least £50,000 and if you are joint applicants, you have a combined annual salary of at least £75,000 or one party…
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Adding my name to a mortgage
Hi I don't know if anybody out there can help me but I would be grateful for any advice!! I have lived at a property for the last six years after my husband bought the property with mine and my father's help in 2007. The property was bought for £250,000 with a £157,000 mortgage and the rest coming from a cash deposit, made…
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£100 per month
Hi All, I am a married man aged 45. I have an extra £100 per month at my disposal. It this money best invested in my pension or used to pay off my mortgage earlier? My mortgage interest rate is currently 1.5%. Cheers.
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building an extension...
....and just thought, do i need to tell the bank i have my mortgage with?
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Silly Question
Might be a silly question but something which seems straight forward but dont understand. I have just remortgaged with a different bank, my usual payment date was the 5th of the month. I have completed the mortgage today. I have just looked at what my first payment should be and when it should be paid and dont understand…
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mortgage PPI
Hi Everyone, I am new and would like some help please. I have been paying mortgage protection for 5 years, after reading on here to check your policy if you are agency workers I called my policy supplier. They confirmed agency workers are not covered on my policy and said I was missold the policy as I was an agency worker…
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Woolwich mortgage declined
Please could anyone offer any help? I already have a Woolwich mortgage, 7 years into a 10 yr fixed rate deal. Times have been a bit tough lately so I decided to sell and buy something smaller, pay a load off the mortgage and free up some money to pay off some other debts, in effect just porting over the mortgage. This has…
