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Legal Fees
Hi, Can anyone recommend any one for our legals fees? We are buying our first house, don't want to pay to much as the value is only £120,000. Plus have no idea where to start looking for a solicitor!
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First time Mortgage & Trust structure
Hi, My partner and I are looking to purchase our first property and looking to place it in a trust (for asset protection, inheritance tax benefits etc). Borrowing was not an issue until I mentioned this. I'm told by the broker we have engaged that they have had troubles in the past with this and that the high street…
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Joint to sole mortgage after bereavement
I would be really grateful for information and advice here please. My father died two weeks ago and I have been helping my mother sort out his affairs. Ultimately, there isn't much to sort as he had two financial relationships- his joint current account and joint mortgage, both with my mother. The current account has been…
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Stamp duty on a help to buy property
Hi, I am looking at purchasing a house, through the help to buy scheme, which is £270,000 full price and £216,000 with the help to buy scheme. Would stamp duty be calculated on the full price or the help to buy price? Ami I right in thinking it will be 7% if it is on the full price? Thanks :)
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Mortgage - what to do?
Hi, I would like some advise if possible. My father-in-law wishes to move house and has offered me the option of buying his current house for 80k however it is actually worth 110k. I am currently in the forces and don't need to live in the house as we Iive in military accommodation so my plan is do some work on the house…
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confused - mortgage and life assurance from 11 years ago
Hi everyone I'm new to this forum, so please excuse me if the answers I'm looking for are somewhere obvious. Here's the situation: Back in 2002 my husband and I took out a joint mortgage which was arranged through our estate agent. They also told us we had to arrange buildings insurance and decreasing term life assurance…
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Help to buy equity loan
Hi I'm wondering if someone can advise me on this scheme I currently own a house with my husband which has approx £22 000 equity in. We earning £48,000 combined with debts of around £3000. My oh credit history is ok with a few late payments last year Mine not so great with a default in 2011 which is settled. We ideally…
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Switch to new deal
Hello. I have a mortgage with Nationwide. My 2 year fix is finishing soon and I would like to apply for new deal within the same bank. Will they ask me again for P60 and payslips? Also when I will be applying for new deal can I ask for new valuation as I believe my house is worth more now( I have done full refurbishment)?…
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Nationwide holding things up
We were about to exchange a month ago. Then the problem of an unadopted road came up. The solicitor needed to check with Nationwide that it's okay to proceed. Nationwide still havent had a response from their valuer about the issue. it's been going on for 4 weeks. Is this normal? How can I speed things up? I call the…
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Am I able to take a mortgage out for my mother?
Hi all, My mother has recently sold our family home due to my parents divorce. Mum is now interested in a property in a village round the corner. My mum has no source of income as she is a full time carer for my sister and therefore relies on carers allowance. We will have a 80% deposit but will need an approximate £30,000…
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Switching current mortgage to buy to let and purchasing an additional property
Hello all, I hope this is the correct forum area to post... So anyway I am currently living in a property I purchased in 2010 for £100,000. The property has likley risen in value by around 5%. I payed an intial deposit of 30%, i.e. £30,000 in 2010 and so have a mortgage debt of a little under £70,000 more or less. I am now…
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Santander Valuation
Howdy Do Santander usually wait for all checks to be completed before sending out a valuer?
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Mortgage After Old Full and FInal Settlements
Hi I had been reassured recently by a number of posts on here, and via a few brokers, that a mortgage would be likely for us even though we have historic bad debt. We were in a DMP, it is now completed. None of the resulting defaults show on our report as they are over 6 years old, we never had an Arrangement to Pay…
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Buying a council flat with a default & should I wait for works to finish
Hello I've lived in my council flat for 13 years and now think its time to look at right to buy. I live just outside zone 1 in London and would hope to purchase the flat for under 100,000 (with the discount). I'm just not sure how successful I will be with a mortgage application as I have a default for £350 registered in…
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Worth buying my council flat? Help appreciated!
Hi all, Completely new to all of this, I wont babble on too much, I'll do my best to keep it straight to the point so you don't have to read a wall of text :) I live in a council flat, 1st floor in a converted house, so there is only one neighbour downstairs (who is also council, and lovely btw). They have their own garden…
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Moving from Endowment to repayment mortgage
We currently have a repayment mortgage with £30k on endowment. We want to move to a full repayment as what will come from the endowment is negligable and will not cover anywhere near the £30k. To move to a full repayment loan we would need to have a mortgage for approx. 220k. We have approx. £60k in equity in our property…
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Interest Only Mortgage at retirement
I need some advice please. We have a house worth just over £1m. Mortgage paid off in 6.5 years. Want to buy two properties when I am 59-60 (DH is a few years younger). We will live in both properties - one will be in London and the other in say Oxfordshire/Wilts. We both work full time with excellent credit ratings. No…
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Help?
Me and my partner have recently split. We signed up for a 2 year fixed rate mortgage in both our names. If I was to take over the mortgage on my own. Would this affect either of our credit ratings in any way?
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Mortgage Express change of name
CAN ANYONE PLEASE HELP WITH THE PROCESS OF DELETING ONE NAME FROM A JOINT MORTGAGE WITH MORTGAGE EXPRESS? I HAVE MET WITH A BLANK WALL Kifaru
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Nationwide save to buy - Chances and explanation?
Hi, I have been reading this forum for over 4+ years and just wanted to register to ask a question :) . I have my main current and savings accounts with Barclays. I have heard about Nationwide's Save to Buy Mortgage. Where you have to keep money for 6 months and then you are eligible for mortgage. I have around £16k in…
