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really worried help
we have just had some really bad news, we are due to move in 4 weeks but the sale of one of our houses has fell through, we dont need the money from the sale but we agreed the mortgage would be paid off on taking out the new one..... we can easily afford to pay both mortgages until it sells, will they check if we say…
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Mortgage Endowment shortfall - What should i do?
I`m 16 years into a 25 year mortgage endowment policy and for the last few years i have been warned of a possible shortfall by the providers. Having taken some precautions by investing extra cash each month in cash Isa`s i`m getting increasingly worried about the predicted performance (or lack of it would be more…
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Change of purchase price
Hi guys, Hoping someone can help me. I got my mortgage offer from Halifax in January for the asking price of a property, minus by 25% deposit. However, since then the purchase price has been renegotiated (its increased) for various reasons. I am able to make up the difference without having to borrow more for the mortgage.…
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Help -Halifax Valuation process
Hi all Went and submit a formal mortgage application with Halifax late last week through our MA. She did all inputting online, took our card details and it says all done. At the end it just said to forward a months payslip. I assume a person then looks at the application from here. Do they look at the application first and…
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Mortgage declined at final stage, any advice appreciated!
I have recently went through a mortgage application with Virgin Money, over the last six weeks I have been providing information back and forth with Virgin Money regarding our situation. I am actually posting this on behalf of my parents. Currently, we have a mortgage with Santander. I am a joint mortgage holder with my…
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Asked to agree higher price to suit Barratts
Hi everyone, put an offer in on a new build and they called back saying they could accept, but only if i agreed the original price, told my bank if they would accept builders deductions. Not really sure, but basically it comes down to the fact they have more of the same builds to sell, and want the official figures to be…
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Help with limit on mortgage
Hello! Bit of a long winded post here, sorry. My partner and I have always wanted to buy a home in the countryside with a big enough garden/enough land to have goats, chickens and various fruit bushes to make our own jam and sell. We are responsible and sensible, very good with money and have been together since we were 14…
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'First Time Buyer' Buy to Let Mortgage?
Afternoon All, I currently own a small flat in North Scotland that I let out (I rent privately in London) which was bought without a mortgage due to the low price. I am thinking of selling the flat to raise some cash to use as deposit to buy a bigger buy to let place for which I would need to get a BtL mortgage. I am aware…
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mortgage help pls
Hi guys can anyone help pls. I live in a house worth around 90 K mortgage free after separation from hubby. I also have a business property under renovation that I paid 95 k for. I am waiting to see if we can change of use to two flats instead of a flat and shop but having a few issues. Last time I had it valued it was 65…
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When can i expect offer? Natwest porting mortgage
Porting my mortgage to another property in scotland. Natwest do it on paper for porting not electronically. Last i heard from broker was that natwest surveyors happy with home report and have got back to natwest. How long before we can expect our offer? Our broker says to leave chasing them to him as they get fed up with…
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Remortgage for a few months?
Hello, This might sound like a silly question, but it only just occurred to me that this might be possible...My hubby and I have just come to the end of a five year mortgage deal with Teachers Building Society on a fixed rate of 6.04%. We have recently put the property on the market, so when they asked us if we would like…
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Index-linked savings, ISA and offset mortgage
Hi there, I'm new on here (and terrible with finances!) and would be grateful for your advice. I have an offset mortgage which is fixed at 3.45% for the next two years. I have just over £60k left on the mortgage. I also have index-linked savings certificates with NS&I (which they no longer issue) which total £36k, along…
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Stuck on a variable rate
Ive had my mortgage in my own name with Santander for around 9 years. After a stint of my business not doing well and having a baby, my loan and card repayments got on top of me and I went to the CCCS and have been paying £300 pm for 4 years. (Mortgage not affected, I kept on paying it) I have a repayment mortgage, all…
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adding wife to mortgage
I own a house with a mortgage, it is in my name and as i am off deal with the mortgage company my interest rate is low. I have just got married and we plan on moving house in about three years time. would it be neccisary for me to add my wife to the mortgage and title deeds for my current house, or would it be just as good…
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Buying a house and relocating
Hi, We currently live in Cambridgeshire (me, wife and two kids), and we're thinking about relocating to Gloucestershire. We don't have any family in this part of the world, and all that keeps us here is our jobs and the kids school. My wife's family lives around Bristol, and for a few reasons; house prices, bringing our…
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Payday loans
I know lenders don't take payday loan users lightly but how far in the past should it be on your file should it be before they will overlook it? I used a £50/£100 loan repeatedly for about 12+ months, about 4 years ago when I lived at home and thought it wouldn't do my score any harm, if anything improve my file (so i was…
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Mortgage Offer recieved
Hello All FTB just looking to get some info form you... I put in an appplication with HSBC a couple of weeks ago and since then have read some troubling things about them online with regard to the decline/accept ratio. I checked the status of my application online yeaterday and recieved an offer. I need to click onto the…
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Help to Buy (Existing Build)
Hi all, Hope you can help me get my head around something. I've seen a house that would be perfect but its £20k over our original budget of £120,000 and I was wondering how the Help to buy scheme would work. Its on an existing building costing £139,995 and we would have £20K (with £10K to cover any fees, moving costs etc)…
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Mortgage Application with Childcare
Hi, maybe some questions for any resident underwriters or those that have been through the process of mortgages and childcare... We are applying for a 5-year mortgage and have a child that will be in nursery for less than 24 months of that mortgage. We have been advised that, as it stands, the childcare does affect the…
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Re-Mortgaging
I'm not long off coming off a fixed mortgage and due to look at my options. Since ive had the mortgage ive used credit cards and overdraft to refurbish the house. When re-mortgaging would it be best to clear my overdraft first or credit cards?? I would like to clear both but not sure I will do it on time?? Can anyone help…
