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Newbie here .. Help needed please
I have recently applied for a mortgage and the usual checks are being made by the lender. Last month I withdraw a sum of money from my child's account (she's under 5 and i'm a trustee) and put into my current account as part of my deposit. The lender advised that any deposit into my account may have to be explained to the…
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Shared ownership or not
Hi, I am in the process of selling my house and will need to find a way of getting a place to live with my daughter and granddaughter. What does anyone think about shared ownership (I will have a little equity left)and what are the pitfalls?
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Final Contract for House
I have been carefully reading through the contract and all the associated paperwork for a house that I am buying. It all seems pretty straight forward to me. Is there anything I should particularly look for/check for?
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Pay off credit card debt before mortgage application?
I'm a FTB, me & OH earning 34, 000 & 24, 000 respectively. Have a broker at L&C and a DIP for a Halifax help to buy - based on borrowing for 30 years 237, 500 for a 250, 000 house with 5% deposit. Maximum we can borrow on affordability criteria for Halifax is 262000 I currently have credit card debt of 2500 which is being…
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3 month wait to get on electoral roll!
Hi all, I am a first time buyer and, being completely new to the mortgage application thing, I would really appreciate some advice. I want to make sure my credit rating is as good as it can be before I apply so I have read the advice on this site. I have applied to get on the electoral roll with my council (London…
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Can One Account do this ?
My wife has an account with one account and this is both her mortgage and bank account. One account agreed to leave the 'facility' (the mortgage), at the same level for the life of the mortgage. How we pay it off in 2020 is another matter. However, they have now told us that they are going to reduce this facility in 12…
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moving house - stick with lender or move?
Hi We've just sold our flat and had an offer accepted on a new house (yay!) We are just about to start our mortgage application for the new house and are just wondering if there's any benefits to staying with our current mortgage lender (RBS) or should we move for another deal? Or fixed term mortgage ends at the end of…
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Mortgages and shares
I have some shares which could be used to underpin a mortgage. If I sell them I would incur 28% CGT, is there anyway I can raise a mortgage against them? Thanks in advance
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Leeds BS & Credit Checks
Hi All A Question for the Mortgage advisors i think.. Our mortgage advisor has done a AIP with Leeds Buidling Society for a 95% mortgage. She texted us today that we have passed the credit check but Leeds have asked as few questions which i sent her the answers and that we have an appointment on Tuesday to complete the…
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Email - Mortgage Express
Hi, Does anyone have an email address for the customer service or complaints department at Mortgage Express? I thought it was [EMAIL="complaints@bbg.co.uk"]complaints@bbg.co.uk[/EMAIL] but thats not working Thanks
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Moving Home & Failed Credit Search!
Hi All, I'm in shock. My husband and I have a mortgage with Halifax. We have sold our home and are buying the other half of a house we have inherited. We have a 50% deposit (using the equity in the house), have never missed a mortgage payment and will be clearing all of the outstanding debts we have once the rest of the…
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End of fixed term mortgage - Advice
Looking for a bit of advice as this is the first time I will remortgage. I am currently on a 2 year fixed rate at 5.79% and this term is coming to end in the near future. I have been to see my mortgage advisor who has suggested a few different deals. The best one (in my mind) is a fixed rate mortgage at 3.14% for five…
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Should I phone the EA?
I'm a FTB and really don't know the correct protocol or whether I'm just being a pain! My EA phoned on Wednesday morning to see how things were going with my mortgage and valuation. I spoke to my mortgage advisor who said she had arranged the valuer, but that they will contact the EA themselves to arrange access to the…
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A question about the valuation report
Hi All, So, my lender has finally issued the mortgage offer. The valuation was instructed by the bank and we had our own structural survey. There is a comment in bank valuation report addressing the mortgage applicant: "We do not warrant that the purchase price is reasonable" Still the house is valued exactly equal to what…
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Slightly Complicated Mortgage Query
Hi there all, My family home is currently owned by my brother, with my father as a tenant. My brother wants the house out of his name, and my father is unable to get a mortgage. We do not want to sell the house, so I am looking to buy the property myself - however I have had a couple of mortgage applications declined now…
