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Natwest Mortgage now at valuation stage
Hi guys, I completed my formal application process a week and a half ago and I'm having the valuation done tomorrow. What stage am I now at? They have taken the valuation fee from my account. If the valuation comes back ok am I pretty much there? How much further have I got to go and am I through the underwriting stage?…
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Any experience of The One Account?
Hi guys It's remortgage time for me and I'm looking into offset mortgages. The One Account (used to be Virgin, now RBS) is offering a fantastic deal but I know very little about it. Does anyone have one? How is it? Would you recommend it? I'd appreciate your thoughts x
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FTB income verification
I was a mortgage broker, since retired. Someone I know is looking at NatWest for a mortgage. A "mortgage adviser" told him how much he could borrow given current earnings etc. so he went ahead and made an offer. Detail given included job start Jan '13, earnings of good salary plus additional amount as necessary requirement…
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Mortgage with no job?
Hi Apologies if this is a very 'dumb' question to ask but do I have any hope getting a mortgage in the UK given that I have just been made redundant in Australia? Just a bit about myself to set the scene. I am a UK resident who has spent the last 8 years overseas. I worked in Hong Kong for 6 years and most recently in…
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Do you need.......
Life Insurance? Im a bit baffled by it all is it worth it? Broker has quoted us £10 per month for both of us just confused x
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Mortgage and divorce
When my husband divorced his ex 3 years ago none of the finances including the house was sorted out. The mortgage is in both names and even though he has tried to communicate with her regarding selling the house and splitting the equity 60% - 40% in her favour as she has their daughter she has stuck her heels in and failed…
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Proof of deposit - How?
Everything is going well for our house purchase so far. Today the solicitor called and has asked for proof of depoist and a gift letter from parents. My mum has transferred the money to my account and written and signed a letter that it is a gift and does need repaying. So how should I show the solicitor my proof of…
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Ltd Company Shareholder, PAYE & Mortgage!
Hi, after some advice really. Myself and partner are 49/51% shareholders in a Ltd Company. Incorporated Nov 2012 - movement from a sole tradership. Profit is mainly offset by expenses claims, labour costs, wages etc. Small profit end of 1st 6 months. So the issue comes in that we really would like to move from renting to…
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Basic remortgague question
Afternoon All I know its a long time away but I'm basicly trying to plot a course through the next 20 years of my financial life! I recently (3 months ish) ago bought my first house on a 90% LTV 2 year fixed mortgage. Since the purchase I have spend aproxx 15k on renovations/modernization and had it valued at arpoxx 21k…
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Notice of Correction
Quick summary: I was self employed 6 years ago. Didn't go so well, got about 3 loans and 3 credit cards, and defaulted a ton of times. No CCJs or anything, but defaults coming out of my ears. Finished settling everything between 3 and 2 years ago and have had perfect credit since, but as you can imagine - the defaults are…
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Mortgage and DMP
After some sound advice so will fill in the full story so I can possibly get help My father recently passed away and I have to sell the family home and split sale with my brother. I will obviously be looking for a new home but recently have been in a DMP, I cleared the debts but 2 out of the 4 were cleared by Full & Final…
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experian Says poor credit score but halifax says pass A score
Hi, I recently (October, 2013) had a one month late payment (a weeks' late) to a Bank of Scotland credit card. That was the only late payment I have had. This significantly dropped my experian score to 709 (poor). The low score is also due to the fact I have recently applied for a new credit card. To be honest, I was quite…
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Applying for a mortgage with debt
I am looking to buy my first property in the spring of next year. I'm a first time buyer but live in a property owned by my parents which I pay the mortgage on (around 11k of it is paid down). I also have around 6k in savings in an ISA but have 2k worth of debt on an interest free credit card from a holiday and, well,…
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looking for mortgage that I can consolidate loan into
Hi all, I'm looking for a mortgage provider who will consolidate an existing loan into the mortgage because I can't afford to have both running. Spoke to NatYes, who said it was fine one day then impossible the next. :mad: The mortgage I need is around 50% LTV so I didn't think it was a big ask but am struggling to find a…
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Current bank offered mortgage and now declined with no explanation
I have a very confusing situation which I can't seem to get to the bottom of and don't know where to go to for advice. I had a mortgage offer by the halifax for a flat I wanted to buy. The flat subsequently fell through. I then found another one and went back to same bank. The bank updated my case details because I no…
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Personal loan after mortgage
Hi all So I've just purchased a house for 73k with a 15% deposit. The house was cheap, but cheap for a reason as it needs lots spending on it! My credit file says good but because of my outgoings I dont score too high on the affordability scale (Im a teacher on 27k a year). This is why I could only get an 85% mortgage. My…
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HSBC remortgage
Hi all, Some advice from the guru's if possible or guidance if you like. When our fixed rate is up (1st remortgage) I know we go on to the SVR which is currently 3.94pc. We were on 4.64 so a saving:j Anyway good news is we believe we will be in the 60% LTV due to extensive work on house (rear extension, another bathroom…
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Contract
Ok so we are exchanging contracts on Wednesday but I went to pick it up today to take home for OH to sign and they have spelt my name wrong. My name is Joanna and it states Joanne. I have written my name on top but will it mean they have to re issue it? x
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Mortgages and overdrafts
I know on the face of it this sounds like a stupid question but hopefully once I explain it will seem less so :) I have just left university a year ago, have a deposit to put down and right now I am simply waiting until my current rental contract finishes in about 8-9 months before I can buy. I am planning to start looking…
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List of income multiples by lender?
Thinking of applying online for a Chelsea BS mortgage - but I want to find out the approximate income multiple before taking the credit check hit. Just got off the phone to Furness BS - they cap at 3x, which I was surprised at given that Town & Country seemed to reckon 4x (which is what we would like) is attainable with…
