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Mortgage Fixed deal ending, additional borrowing isnt
Hi, Our fixed rate mortgage deal is coming to and end soon and we'd like to switch to a new deal, maybe even a new lender. The probem is we did some 'additional borrowing' at the start of the year and this is still on a fixed deal. We have told the bank we are happy to pay the penalty to end the fixed deal on the…
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How often to remortgage?
I bought my first house 2 years ago and when getting the mortgage from the broker I was told they would get In touch when my fixed rate deal was ending to remortgage. At the time I was completely shocked (I was very naive) I had no idea we were expected to remortgage after a couple of years. Obviously, it makes sense to do…
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Santander offer length
How long is a mortgage offer from Santander valid for?
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Becoming a mortgage advisor with a bad credit history?
Hi all, I know you can't do this job with a ccj on your file- but I have a default almost 5 years back that was then partially settled, but the default can't be removed according to Lloyd's because the full amount wasn't payed. Can I become a mortgage advisor or ifa with this or am I stuffed? I'm soo bored in my current…
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help: changing mortgage details after house fell though
I have two questions really; 1.Does anyone know what is involved and how long it takes to change mortgage details from one house to another, obviously we need to have another survey done on the new property (which is chain-free by the way, lost a lot of money cause of chain!!! will never do it again, no guarantees in…
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Bank statements
What is the concensus on these - how many months of these does one need to provide A) self employed B) employed C) do they go through & question you on each transaction as that is quite intrusive...ie 'that was quite an expensive holiday booking' etc D) my gf & I have separate & joint accs. We put in x amount each into our…
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joint mortgage query
my husband has a property with his ex the property is 15k in negative equity his ex declared herself bankrupt and we have been liable for the full repayments on the property we currently have a tenant in the property however their rent does not cover all of the mortgage and we also pay the building maintenance charge and…
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Additonal Borrowing
Hi all, I'm looking to raise £60k against my property (with the same lender) Providing is all get approved, does anyone have any idea how long the whole process might take and how quickly I can receive funds? Thanking you in advance for your help. :p
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Old Abbey flexible mortgage question
Hi All I find myself in a position to seek advice regarding the Abbey flexible off set mortgage product now with Santander. I have a brilliant .49% tracker and I've had this product for many years paying interest only. Sadly my wife has passed away and I'm concerned that Santander will somehow use my circumstances to…
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Let down by mortgage advisor
I'm posting this on here on behalf of a friend. Basically she has put a bid in for a house this weekend under the impression that we financial advisor was going to provide a mortgage in principle (or at very least a rejection) by this morning. He has not been forthcoming with either. She has now been given a deadline of…
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Gifted deposit letter
Hi, I am currently in the process of buying a house the mortgage has been agreed and the deposit I need £23,522 as the deposit. My grandparents are gifting me £29,000 to cover deposit, fees and to help starts dome renovations. My question is: In the gifted deposit letter do I write the amount I'm being gifted as £29,000 or…
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how to buy second property?
hi, looking for some advice on mortgages! i already have one from woolwich, a residential mortgage on a maisonette i currently live in. i want to rent this out and buy another small property to live in. i have a consent to let form which i can send off to be able to let this place out for a £25 fee. i am able to borrow an…
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First time buyer, default and feeling like theres no answe
Hi, This is my first time I have posted asking a question like this, after reading this board for many months. I am after some advice, from people who really know or who have been in my situation. My husband and I would like to buy a house. We are looking at having a 10-15k deposit, and are thinking we would like a house…
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Mortgage options before old house sells?
Hello, We currently own a property that is on a repayment mortgage with Nationwide and on there BMR of 2.5%. After our 5 yr fixed has now finished. As my husband is in the forces we have permission to rent it out on a residential mortgage that we apply to extend every 3yrs. The property is likely to fetch around £180000…
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Mortgage Approved in one appointment with Yorkshire Bank
Hi all, Long time lurker and thought I would share a good experience. After selling our house and moving into rented in June 2012, we were pleased Yorkshire Bank classed us as a FTB. With no fee, free valuation, £250 cash back on completion and 3.99% fixed for 3 years with a 10% deposit, we thought it would be a long,…
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NRAM, consent to let and remortgaging
Hello I have an interest only mortgage with NRAM on the general rate as my fixed rate ended a few years ago. Monthly payment is £378.20. We put the house up for sale summer 2012 but it wouldn't sell so we obtained a CTL from November and rented it out; we moved into rented and are very happy. Our tenants were a complete…
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Mortgage Complaint - Can anyone help?
Hi - hoping someone can give some advice on whether I can raise a formal complaint against a mortgage lender. Long story short. We are going to rent out our house and use the equity to buy a second house that we are going to live in. We are using an experienced broker to arrange both the Buy to Let Mortgage and the…
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Mortgage for residential permit holder
My brother in law who is married to my sister (a British subject) .they have a son together. He has a uk residential permit which last for two years after which he can be entitled leave to remain. He has a very good job – Can he get a first time residential mortgage on a residential permit? He also realised that he has a…
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change of parties together mortgage
Hi I split up fron my ex 7 years ago and remained 'stuck' on the mortgage with him due to negative equity. He has now agreed to a change of parties however my question is: as it is a together mortgage from Northern Rock made up of part mortgage and part unsecured loan, is it only the mortgage that will transfer or the…
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First Time Buyer, Husband with Bad Credit History
I am a first time buyer looking to buy a house next year. I earn £40,000 a year and would be hoping to apply for a mortgage of around £160k to £170k with 5% deposit. My credit history is pretty good, I have outstanding debt of around £10k, which I'm looking to lower to at least £8k prior to applying and all my oustanding…
