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Advice on getting another mortgage?
Hi I purchased a house in the South about 5 years ago and I'm currently letting the house out to a couple who have been in since that time. The rent has *just* covered the mortgage and expenses. The mortgage is with Nationwide (roughly £84k left) and I have a repayment plan in place. I have also overpaid when possible and…
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Can I borrow extra?
I have spotted a decent house with plenty of land for £139000, but I would want to extend this property by building at the side to accommodate my family. Basically it will go from a 3 bed to a 5 bed. My question is would the bank borrow me extra money to fund this project? I know they would need to get a valuation and need…
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Re-mortgage Advice
Hi, I am currently coming to the end of my 5 year fixed mortgage deal and am looking to re-mortgage. I have managed to save £20k which i am thinking about paying off before we re-mortgage to another provider. The house is in joint names, and at time of purchase i paid £40k deposit, OH did not contribute. If i decide to use…
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Valuation
hi sorry, im very new to this. so apologies if there is a thread for this. we applied for our mortgage, received an Offer in principle. made an offer on a place, accepted, finished mortgage application, and weve received a date of this coming tuesday that our valuation takes place. my question is , is this an indication,…
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Mortgage application in, opening joint bank account?
We are applying for a mortgage in joint names and want to open a joint account for mortgage, bills etc something we've been meaning to do for about 4 years! If we do it now will it affect our mortgage application because of the credit search & are we better waiting until the mortgage is (hopefully!) approved?
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Advice on remortgaging with same lender when circumstances have changed
Hi there I'm new to this forum and hoping someone may be able to give some advice. We are currently on the SVR and I would like to remortgage to save some money. However our circumstances have changed since we took the mortgage on. I have taken an early departure package with work and we were planning to use the money to…
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Lea valley homes
First post. Hopefully i explain this well enough. Lea valley homes own 15% of my home as part of a government-led homebuy scheme. They put £26,500 into my home when I bought it and I can buy them out at any point, adding 15% from any price increase/profit the house may have made - it was bought for £172,500 five years ago.…
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Halifax Mortgage
Hi, hope someone can help. I applied for a halifax mortgage today, I supplied them with income details and they done a credit check and said i was in band A. I paid for a valuation and they said they would arrange for it to be carried out. Does this mean that i have got the mortgage, the advisor said that it was just done…
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remortgage advice - will I pass the 'MMR' test?
privacy reasons
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Contracts received and...
The have missed an e in my first name on the contract document. The land registry transfer form is correct. Is this a big deal? Due to complete next Friday!!! Please help!
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Help to buy scheme question, advice required please.
Hi we are currently selling our property and will have money from the sale and savings of around £120,000. Our joint income is very good and our mortgage in principle said we could borrow up to £700,000. My question is this i have just seen property i like and i think we could get if for £500,000. 1, Could i use HTB for…
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Help me I'm in despair....
Ok this could take a long time but I'll sum it up in as short as possible. I currently have a mortgage for 85,000 There is £40,000 of equity in my house. I want to buy a bigger house and borrow more money, I now have 2 kids. I have just applied for a mortgage from my own bank where I have had my current account for 15…
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Overseas wanting to get a mortgage in the UK
Hi, I currently live in Australia but intend to move back to the UK in 6 months. I'm trying to get a mortgage in the UK so I have a property waiting for me when I get home and I'm struggling with the banks. Any advice?
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Mortgage offer needed quickly for renovation project
We are buying a part of a large old property which is to be bought as a shell, with contracts exchanged at the start with a deposit paid. The property is then to be renovated by a builder under a linked contract, then we will complete on the purchase when the renovation work is finished in around 6 months. The total agreed…
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Who will allow buy to let without a residential mortgage already?
I am looking to re-mortgage my flat as buy to let. I want to release equity from it with which to put down on a second flat. However my current mortgage provider does not allow this, they say I must already have a residential mortgage (where I live) before I can have a buy to let. I was planning to stay at a friends while…
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Electoral roll and mortgage application - advice needed
Hi, I currently own a property jointly with my husband but we are getting divorced. Hence need to decide which of is moves out into rented whilst the property is up for sale. I am tempted to move out because I feel that buying a new house from rented will give me a better advantage in terms of negotiating. However, my…
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Downsize for school fees
Hi, I'm new! This is what we want to do & we are looking for advice please on how to best make it happen. Currently living in a house worth £3-400k, 80k left on great rate mortgage. Been running on empty paying school fees for 5 years. Spent all £15k of our savings. Want to downsize to a house worth £200-250k & put a lump…
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Remortgage to a Buy-To-Let
A bit of background... I purchased a shared ownership house about 18 months ago in my name only and the mortgage is via Leeds BS. Since then, my wife and I's circumstances have changed and we got a temporary consent to let from the housing association and also consent to let from Leeds BS and this enabled us to buy a…
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self employed and mortgage
Hi I am a self employed childminder and have a joint mortgage. I have only been working in this role since july 2013, so not even a year yet. my husband is full time employed. we have a current mortgage but want to move to a bigger property. any advice on how to get a new mortgage with my earnings as self employed. our…
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natwest
Hi could anyone tell me how long it takes to get the mortgage money from the Natwest after the offer is agreed please
