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Help to Buy, Equity loan (New Build) - Completion date after Mortgage offer expiry?
In the process of buying a new build thro help to buy – equity loan (Scotland). We have successfully got our mortgage offer and also the loan acceptance from the government for the 20%. We are contributing 5% depositon a 75% LTV deal with Halifax. Everything so far has been very smooth, however we ran into our first issue…
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Mortgage to pay siblings off
If my mum does a deed transfer to myself for her house, I currently live with her, there is no mortgage on the house. Can I then mortgage 2 thirds of the value to pay my 2 siblings when her time comes, she is terminally ill. House is valued at appx £60k and I would need to raise £40k to pay them off, this is what a…
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How many mortgages are approved after AIP given?
What percentage of mortgages go through successfully after agreement in principle is given? We've had offer accepted etc and I'm so nervous the mortgage won't come through and I will have wasted money with solicitors and surveys
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Woolwich contact number?
Hi - is anyone else having a problem getting through to the Woolwich? I noticed yesterday my 2 direct debits to the Woolwich for my mortgage had vanished - I rang Santander and they say they have finished! (I've still got over 10 years left)...I just cannot get through to the Woolwich - tried twice yesterday and was on…
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Mortgage Assistance
I am 25 (female) and a first time buyer. I am looking to purchase a house for £99,950 with a £10,000 deposit so need a mortgage of 90%. I have been working with a mortgage broker but he has been struggling to find something to fit. He has tried Natwest and Newcastle BS but both will only do 85%. Can anyone recommend any…
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Rental property in my name only; can wife officially receive rent payments?
Hi all, I have a property in my name only, that I bought 5 years ago and am now renting out. For tax reasons, I would like my wife to become the landlady. First of all, in the eyes of the Inland Revenue, is my wife allowed to be the landlady of a property she doesn't own (but her husband does)? Secondly, I am paying a…
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Halifax 2.64% 2 year or 3.34% 4 year
My IFA has offfered me the choice of either a 2.64% deal for 2 years or 3.34% for 4 years. I'm with the Halifax so both are no charge. I must admit, I'm not sure what to go for. The 4 year looks good as I thought interest rates may finally start to rise but the lower one is tempting. Anyone got any thoughts?
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Mortgage Help
Apologies in advance for my lack of knowledge in this area. Currently I have a mortgage of 95k on a house worth 135k, me and my wife are looking to move and purchase a house for approximately 300k. My question is - would we need to either go to our current mortgage provider and increase the lending through them or…
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Halifax declined mortgage
Hi, I am new to the forum sorry i hope i have posted this in the correct section. My partner and I wanted to purchase our 1st home so we went to Halifax to apply for a mortgage. Before we did after reading some advise on this forum we checked our credit files (start of last week). I noticed I had a default on equifax which…
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Post office mortgage Scotland home buyer report
Looking for advice, just about to apply for a post office mortgage ltv 90% not a first time buyer. Had an agreement in principle, so the house I'm buying has a home report with mortgage valuation that's dated within the last 3 months. Do I still have to pay for another valuation via post office? Going to phone tomorrow,…
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Advice needed! Pay ex off now or wait?
I own my own house (approx value £145000) although my ex-husband has a 20% charge on the house. Should I take a mortgage out to pay him off in full? Would this be beneficial for me in the long term? I do not HAVE to pay him his share until youngest child is 18 (14 years time) Would I even get a mortgage as I do not work?…
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Stick and renegotiate or switch lender?
Hi all, My circumstances have changed recently and I've found myself in a position where I have a number of options, and difficulty deciding which might be best. Was hoping for some pointers if possible? As briefly as possible - the situation is this: Have had a Scottish Widows professional mortgage for the last 5 years or…
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Proving you have a deposit
I'm due to speak to a mortgage broker in the next couple of days, although I thought in the meantime I wanted to see if anyone could help. My partner and I have been looking to buy a house and currently have a 10% deposit which is fine in our account. We can increase this to a 25% deposit through help of family, the only…
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Nationwide online DIP - System Error
Hi guys, I have tried, unsuccessfully, a number of times to get a DIP online from the Nationwide. I get to a point after my current address details where I tick a box on the use of my data. I'm then presented with: Yet, despite "being aware of the issue" it doesn't seem to have been sorted anytime soon...haas anybody else…
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Stuck paying half mortgage after split up
My daughter is going through a divorce after 6 years of marriage. No children. She now lives with her new boyfriend at his mum's. She is still paying half the mortgage with her husband even though she doesn't live there. Their apartment is owned 50:50 with a housing association. The property is probably worth what they…
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Joint application for a Woolwich mortgage- different types of contract
Hi Guys, My partner and I are currently in the process of applying for a mortgage. We are both teachers with excellent credit scores. I am on a full-time permanent contract whereas she is full-time maternity cover until May. The Woolwich are asking whether my partner (who is down as applicant 2 in the mortgage), is…
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Mortgage with a CCJ?
Hi there, Me (aged 33) and my partner (aged 28) would like to buy a house, we have £30,000 as a deposit and would like to buy a property for £175,000-£200,000. We both work full time; I earn £40,000 a year and my boyfriend earns £17,800 a year.My partner has a clean credit record, however I have a CCJ on my Experian credit…
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Kensington morgages/money partners
Back in 2004 I took out a 5 year 2nd mortgage with Money partners who later were rebranded as Kensington mortgages. All was well until 2008, 11 months before the loan period ended, at that point I was made redundant due to the company I was working for, going into receivership. Unable to get a job and no savings, I started…
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Kensington morgages/money partners
Back in 2004 I took out a 5 year 2nd mortgage with Money partners who later were rebranded as Kensington mortgages. All was well until 2008, 11 months before the loan period ended, at that point I was made redundant due to the company I was working for, going into receivership. Unable to get a job and no savings, I started…
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How do underwriters/brokers calculated S/E applicants?
Hello hope someone can clarify. Supplied 3 years certified full account an SA302s as requested to my mortgage advisor.. He advised me that because figures don't "match up" he has amended how my income is worked out. I'm just confused here as I'm a director so my accounts go from My financial year October to September and…
