-
Legal fee payable to your conveyancer
I have been looking through all my paper for my house purchase What i am not quite able to understand is the section on my mortgage offer It is on section 8 of the FKI form Labelled other fees. It's a Halifax mortgage The section is labelled; Legals fees which are payable to your conveyancer before the mortgage starts. The…
-
Possibility of getting a new mortgage next year
Hi, I'm looking for some advice on the possibility of getting a new mortgage next year. My partner and I currently have a mortgaged home, and hope to move to a larger house next year. We are both business owners, and both of our businesses are steadily growing. I am a sole trader in my business, and as far as I'm aware the…
-
Hoping to release equity!
Hi I'm new here so please bare with me if I'm posting in the wrong place... Me and my husband are hoping to borrow more money on our Halifax mortgage to pay off existing debts, we have cards all over I have viewed our credit report and both state "very poor" and my husband defaulted on one account a couple of years ago. We…
-
Countrywide review
Hello everyone. Finally we saved our 10% deposit plus for fees and some extra cash for any job that will be necessary, and we ready to buy :) Question in regards to mortgage adviser: letting agent offered to see their in-house adviser, they work for countrywide. Meeting was really good, adviser was very profesionall,…
-
Mortgage advice please
Hi all, Having recently got divorced of the old thieving scum-bag, I am ready to restart with my new wife. We have £30,000 savings, and are looking for a loan or mortgage of £30,000. Aiming for a property of £60,000 that we can fix up together over the next few months and years. We want the repayments to be no more than 5…
-
Valuation lower than agreed price
We put a bid in for a property which was accepted. The bank arranged for a valuation which has now come back stating that the property is worth nearly 20k less. The surveyors have undervalued this property and the vendors and myself are very shocked. The vendors have agreed to reduce the price by 5k, what are our options?…
-
Buy-to-let Mortgage
I have applied for a buy to let mortgage and have taken out a personal loan from a different lender, can my mortgage be withdrawn? Also our contract has not yet been exchanged.
-
6yrs 11mths left on interest only - advice please
hi just a few questions we are mid 50's and have got an int only mortgage - term remaining 6yrs 11mths ... so Santander have requested our plans ??? plan is to sell up nearer the end of term - apprx 4-5 yrs . we do not have any endowments the answer is to sell ....to pay the outstanding owed and re-rent or is there another…
-
Buy to let Mortgage - New Job
Hi I've just started my job this month - my understanding is that one needs 3 months payslips to get a mortgage - however, I had a job immediately preceding this one in the U.S. - for which I have years of bank statements showing income. Can I use that as payslips - i.e. foreign source of income. If I can't, I assume I'll…
-
Apply in branch or over the phone
Morning All, FTB and hoping to have an offer accepted tomorrow. Wondering if it's better to apply for a mortgage over the phone or in branch? I don't have an AIP but i have a 45% deposit and looking to go with Santander. If i apply by phone, how does it work in terms of showing proof of ID, salary and any documents the EA…
-
How much mortgage should I get?
Hi I am in the process of thinking about buying my first home and am having difficulty in deciding whether to go for a smaller house to begin with and plan to move after 5 years to a bigger one or whether I am better off going for a bigger house in the first place and avoiding the need to move later on. I have worked out…
-
Mortgage on £36k purchase price??
Are there any lenders who will give a mortgage with purchase price of £36k? The lowest I have been able to find is £40k, but was wondering if its possible to agree at £40k instead of £36k, for them to pay my solicitors fee and buyers premium (I want to do it before it goes to actual auction, but its still under auction…
-
How to proceed with mortgage application?
Hi all, We have saved up £30,000 and we want to buy a cheap property worth £60,000. We will then over a year, replace kitchen, bathroom, etc,,,etc,,, We have decided that we don't want the loan period to extend past 5 years. I was declared bankrupt about 8 years ago. I (we) haven't made any applications yet, in case this…
-
mortgage application when on temporary contract (which likely will go permanent)
Hi all, Looking for advice please. I'm hoping to apply for a mortgage next year. I will have a £50,000 - £55,000 deposit. My problem is my current job (civilian police job) is only contracted until next August, although it's likely it will be extended again or go permanent. (I've just had my latest contract extended) I…
-
Mortgage refused
Hi - have been posted on the other forum as recent did a credit check and had a default and some other things against me by the CRA. Turned out someone at an old address has been taking accounts out in my name. It took two months to get it all removed - along with a number of other seraches etc. This only came to light as…
-
New mortgage for a flat to buy for renting it
hello Can anyone please shed some light as the mortgage adviser I used when I bought my house 4 years ago, its nowhere to be seen, very good fella though Looking to buy a ex council flat nearby to my house for 210.00 the house I own, was bought on my name 4 years ago with 30 years repayment 233.00 but I have overpaid and…
-
What lenders allow more than 10% overpayments?
As far as I know HSBC and Tesco allow 20% overpayments on some of their mortgage products but does anyone know any other lenders that do the same? Reason I ask is that my overpayments have risen quite sharply but my current 10% limit is restricting me from paying off more to allow me to clear my mortgage even more quickly…
-
Declined mortgage due to gifted money?
Hi, I would greatly appreciate some advice regarding a 10 year fix mortgage application with Abbey. I am buying a family house with my long-term boyfriend. We have a good deposit and my parents have gifted me a substantial sum of money to help. The reply from Abbey was that the mortgage had been declined because the money…
-
What type of mortgage and term?
Hello, Recently I seen a mortgage adviser (more like a broker, not from a specific bank for instance) in regards to getting a mortgage sorted for first home, First of all, we decided what type of mortgage would be best, could anyone give there opinion on what would be best for us (more opinions we get the better). We are…
-
Help - Old Prudential Policy
I have had a letter from Prudential asking for personal details (name, address, previous addresses, phone numbers and National Insurance number) to confirm if we had an old policy with them. We are unsure of whether we have any outstanding polices but very reluctant to fill in the form in case it is a scam. Help!:huh:
