-
barclays mortgage current account- what is it?!
Hi all, Have applied for and finally had my offer for a woolwich mortgage. It states on the offer that I must take out a mortgage current account with reserve facility. They have opened this account and sent me a letter say it's open. However I have no idea what is for or if there is any benefit to it? Google shows that it…
-
good and bad credit mortgage
Hi My wife and I are looking to purchase a house together next year, for £140-180000. She owns her own home at the moment with approx £50000 left to repay on a house valued at around £80000. She has a good credit score. I on the other hand am coming to the end of a DMP with five payments of £450 left. This plan has been…
-
Mtg application hell
Hi, I wonder if you could help me. My Wife and I are applying for our first mortgage. We have slightly complicated financial arrangements. My Wife is self employed and I have PAYE income and SE. We have a 25% deposit. I have been trading since 09/11 so have one SA302 with another on the way. However this means that…
-
Best rate on the market
What's the best rate on the market for a 15% deposit I have found with Halifax - 3.29% fixed rate for 2 years. There after variable rate of currently - 3.99% (this will go up depending rate of % increase) No fees either Does anyone else know of any better deals? We are first time buyers
-
Deposit not yet in the UK
Hi, can we put in a full mortgage application when part of the deposit is not yet in the UK? sorry if too long. FTB- offer accepted on a house @ £300.5k on 20th Nov, asking price was £300k. Vendor has no chain. We have 15% deposit and AIP of £370k from HAlifax no credit issues. 40 & 45 years old so 20 years mortage. Have…
-
Am I a first time buyer?
This may well be a stupid question,,,,but help here in the past has led me to ask anyway....! I was included on a mortgage over twelve years ago with my ex-partner. When we split shortly after the purchase, he kept the property as there was no equity in it and it would have been silly to sell at that time. He sold the…
-
Help with mortgage calculations please
Hi I'd be really grateful if someone could help me understand whether it may be worth me remortgaging or not. I've had a look at the "ditch your fix" calculator but I'm getting confused because the figures vary a lot depending on how long I say that my ERC applies for. I am 2.5 years into a 5 year fix with Co-op with ERCs…
-
endowment / divorce deed of assignment
hiya, having got divorced and settle for the endowment I need for the Pru to put the docs in my name alone ... they say I need a deed of assignment ... (why they cant do it based on copies of the divorce paperwork i dont know - and why they cant provide such paperwork is beyond belief ) Does anyone know where i can get…
-
How to best finance house purchase.
We haven't done this sort of thing for over 20 years and it all seems a lot more complicated now with so many different options. We have a house valued at £275000 and are looking to buy one valued at £300000. We are putting ours up for sale but don't want to be in a chain and potentially lose the house we want. We can…
-
First Mortgage stress...........Help
Hi I am 28, married & got two children. I drive a £45,000 car (no finance), I wear a £15,000 Watch (no finance) I have never had HP in my life... (My husband has always worked hard to buy things out right) "Save, save & save - I have always looked at life, that if you can't afford it, don't buy it or borrow money to buy…
-
Chances with hsbc
-salary 56k -age 27 -purchase price 220k -25% deposit from sale previous flat -banked with hsbc for 15 years, main current account there -clean credit history except one late payment on barclaycard 4 years ago -continuous employment for 5 years -married but husband not part of application, like to keep finances sep -no…
-
Not a full application!!!
On Thursday, we applied for our first mortgage (through Countrywide) with Halifax only to find out yesterday that it was turned down due to a credit score. Both my wife's and my credit scores are in the excellent marking and we haven't missed any payments on anything over the last however many years. I've had HP and credit…
-
New small mortgage needed
Hi, we're thinking of moving in to a larger property, we paid off our original mortgage a few years ago, so with the sale of our present property we will need a mortgage of only around £30,000 which we want to pay over a 15 year term. Any ideas or advise would be welcome please, it's been a while since we had to think…
-
Endowment/Life Assurance Maturity Problems
Has anyone else had trouble getting the Endowment/Life Assurance company to pay up when the Policy 'matures'? We have just got a letter from said company asking for all sorts of information, including the Original Policy Schedule. Anything that says it's a copy, apparently isn't acceptable. Needless to say, we haven't got…
-
Miss sold endowment mortgage.
Hi Folks, Just one last question before I forget the whole ordeal. I have persued my endowment company for compensation for miss selling my endowment but missed the deadline etc Ombudsman ruled in their favour etc but my last question is- my solicitor contacted my bank and changed my capitol mortgage to an endowment and…
-
Natwest mortgage with new job?
Does anybody know about Natwest policies on giving out mortgages to anybody who started a new job? I have read on loads of websites that lenders see this differently and may or may not offer a mortgage in this situation. I couldn't find anything though about Natwest. any recent eperiences? Many thanks
-
i am considering using my property as a holiday let.....what mortgage consent is
Needed.. İ am thinking of letting my home out as a holiday let next summer and wonder if i can do it on just a normal Building society permission for a let or is there anything else i require..?
-
HSBC Mortgage Offer Changed due to CML Disclosure
Hi All, Looking for some advice. Went through mortgage application with HSBC for new build property, when I did the application the Mortgage Advisor in branch had full knowledge of the incentives I had been offered from the builder. This included extra for my part ex plus payment of the stamp duty with the total incentives…
-
My mortgage runs out in 2015
My mortgage runs out in 2015. Mortgage Express are not doing them any more. I am on a state pension with a top up of pension credit. DWP pay the interest on the mortgage, which is a great help. Credit file has debts showing........Oh dear! I think I have to go through a credit check for renting now. Am I to be homeless?…
-
Trying to get a mortgage with Natwest
Hi I am int he process of getting a mortgage with Natwest on a 5% help to buy scheme. We found house and have an offer accepted. There are three buyers involved - me, my husband and my sister. She always lived with us and she will continue to do so for the next 2-3 years until she gets her own mortgage. Until then, she…
