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natwest....
sooo annoyed , had mortgage application in since 28/02 gave all docs requested proof of deposit last friday 7th march which were sent the next day. have phoned every day this week and been told all docs rcvd and it was just waiting on underwriters picking it up phoned today - they were just waiting on my proof of deposit…
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New Mortgage or pay cash
Hi ( first post today) We have been mortgage free now for about 4 months, which is a huge relief as I was made redundant last May. So now we have decided to extend into the loft and create an extra two bedrooms. Cost for our conversion will be around £40000 - 45000 Now how to finance this. We'll I guess there are many ways…
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Contractor mortgages and fixed terms
Hi all, I have a two fold issue if anyone could help. Firstly, im a contractor so getting mortgages if annoying difficult with regular lenders. Can anyone recommend a good contractor mortgage provider? I'm working with Contractor Mortgages at moment and they want £700 fee for the them and the mortgage provider want to…
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What affect does my other mortgage have?
Good Morning, The mortgage adviser at our bank has given us an idea of what they are prepared to lend. At the time they only seemed to take limited information. I explained as it stands my husband and I own a property each, mine is rented to a long term tenant and we live in his. We plan to sell the house we live in and…
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Transferring a mortgage from another country
Does anyone have a any advise on the possibilities of transfering a mortgage from Holland to the UK to buy something here after moving back home to the UK from holland?
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Mortgage Broker Checklists
I called a mortgage broker this afternoon and he suggested me to provide the following before he would give me the financial advice I need. Here is the lists of documents he needs: Copy of passport Copy of last 3 months payslips Proof of any other income Copy of last 3 months full bank statements showing transactions and…
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Fixed rate mortgage but interest different each month?
Hi all I currently have a fixed rate 5year mortgage which has 4 years left on it. I signed up for online banking with my mortgage company yesterday and have noticed that the amount on interest im charged each month changes with the biggest difference from one month to next being £50, is this normal? Me and OH cant think…
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Woolwich sold us up the river...so now HSBC...DIscount or Fixed?
Hi all, Potted history is thus; we secured an AIP from Woolwich/Barclays in late Feb, got our certificate etc and started house hunting in earnest. During that time they have re-appraised their rates and offers, and the long and short is the mortgage we had settled on - 4.39% 2 yr fixed 90% LTV - is no longer available. It…
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Calling Financial Advisors
Our son is in the early stage of buying a flat. He went to the Financial Advisor connected to the Estate Agent. We went along for the ride to. He was very thorough and laid out all costs that would be incurred. A couple of questions though; He is going to charge what is termed an Application Fee at start of process and…
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What happens next/behind the scenes
Hi I am a curious soul. I am a first time buyer. Halifax has emailed me that they have offered the mortgage. I wanted to know a few things. What really is going to happen behind the scenes now? Have they done all the credit checks or are they going to do more checks? When is the underwriter going to get involved? Are they…
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Is my friend right to do this?
My friend and his girlfriend runs their own business, cleaning, shopping and keeping the elderly company or whatever they need. My friend used to sit with a man who suffered with dementia while his wife had a break. The man died in Jan and the wife has just sold the house but hasn't found anywhere yet. My friend has…
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NISA's as repayment vehicles?
Just a quick poll of opinions really. S&S ISA's are an accepted form of repayment vehicle for an IO mortgage, however cash ISA's aren't. Does anyone think that banks will change their stance with the introduction of NISA?
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Surprise CCJ!
Hi Everyone, My wife and I moved into my parents house 8 months ago to get out of debt and buy a house. We have a reserve on a new build and were going to start the mortgage application next month. I was getting annoyed with Experian because it had been 5 week since my credit report had updated and I wanted it to reflect…
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Complicated mortgage scenario
Hi, I'm a long time reader and first time poster! I have already got loads of the great advice on this forum, but I need a bit of help on my personal situation which is proving to be a little complicated! I am married, aged 26, earn £27,000 and in a permanent job. I have no issues on any of my credit reports, except I have…
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Mortgage and New Job
Hi, I'm looking for some help. My partner and myself are looking at buying a house. We have a 10% deposit and are looking at houses around £125000. We both earn £22000 each, no existing credit or credit issues, however we both started new jobs about 2 months ago, on permanent contracts. We had both been employed in similar…
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Mortgage LTV vs deposit
Dear all, Deposits are important when you're buying a new house, because you are buying it for the current market value - the deposit effectively defines your LTV. When you re-mortgage (as I am soon to do for the first time) other factors come into play, which is where my question lies. Let's say I bought a house for 140k…
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Circumstances and Mortgages- HELP!
Hi, I'm after some MSE wisdom as I have no idea where to turn! Situation is this; My partner and I want to buy a house for about £220,000-£240,000. We have a £60,000 deposit (have taken out fees etc.). So we need a mortgage for about £175,000ish. I earn £33,000 in a permanent job with minimal outgoings (£100 per month…
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More than 1 mortgage application
I have applied for a Halifax mortgage today. Seen a few other mortgages that I woudl be happy with - should I also apply for these to increase my chances of being successful or will this damage my credit rating / chances of getting mortgage?
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Surely reposession can't be the ONLY solution?
As part of my divorce settlement I was awarded the house, as my ex wasn't working and wasn't providing support for our 2 children. Since then, I've been made redundant and I've been only just earning enough to pay the mortgage on fixed term contracts, so I was unable to remove my ex from the mortgage, although he's been…
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Offset mortgage problem
I took out an offset mortgage in August 2013 and recently discovered that my savings (fluctuating between 35-40k) had not been offsetting due to bank administration errors. They admitted their error and agreed to reimburse me any interest lost over the period of 7 months. The mortgage was for 150k and my savings (37k…
