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Remortgage for debt consolidation
A long story, and I know remortgaging to consolidate debts may cost more in long run, however current monthly payments on cards/career development loan £300, mortgage repayments £185 a month - on pretty low self employed income so that £300 is a challenge but have spotless credit history and never actually been turned down…
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Lots of Mortgage insurances
Hi we seem to be paying over £250 per month on five insurances for the mortgage etc. We are paying: Paymentshield £26.19 we think this is mortgage insurance Friends Life £83.51 not sure what this is for! Churchill £55.29 which is home insurance Scottish PRovident £41 this is life insurance to pay mortgage if you get ill…
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Mortgage Porting
Hi posted yesterday but not had a response so thought id post again as up against it with deadlines. Current property - under offer £275000 Current mortgage - £159000 (Natwest 3 years remaining on fixed rate 4.09%) porting this to new property. New property - £215000 Credit card £12000 - to be repaid fully on completion HP…
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Mortgage advice please
Hi, Is there anywhere on the site that has advice on being able to get a mortgage post bankruptcy? I don't want to ask questions if it is already out there and been asked before, but DH went bankrupt in 2009 so next year we are assuming that this information will disappear from his credit file but he will obviously always…
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Simple mortgage question - which is causing a big panic!!
Basic question on a deposit which is concerning me as I can't find the answer: I'm going to be selling my house to buy a brand new one. I need a 20% deposit which equals £45k I will have £20k in cash the rest is coming from the difference between the amount I have outstanding on my mortgage and the lowest price I will…
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will i ever be able to get a mortgage
Hi everyone, I earn about £12,500 a year i tried some calculator thing online to see if i could get a mortgage and it basically no. Will i ever be able to get a mortgage earning this amount its quite disappointing. thanks for reading
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after bereavement
My husband's mom has recently passed away and we wondered if anyone knows what happens to the house that she still owes on..
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Valuation
Hi We put an offer in on a property and it's been accepted, we put the mortgage application in on Thursday and the estate agent rang yesterday to say the surveyors have arranged the valuation, is this normal before the mortgage has been approved.
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Mortgage deals
Hi I'm new to this forum but wanted to know why my current lender only will offer me 2 deals when I remortgage however as I new customer I would get offered more . Are they able to do this or should they offer the same to all customers new or old thank you
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Mortgage requirements
Hi All Id like some advise please. I know a bathroom and kitchen is required for a residential mortgage but exactly what does this mean? Also does it need to have central heating or is gas fire in each room adequate?
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Porting a mortgage advice needed
We have recently applied to port our mortgage to another property, We have had an offer on my property and am interested in another. We live in scotland so this is all a bit tricky, The house we are selling has needed alot more work that we anticipated when we purchased it. Therefore we have decided to sell up and cut our…
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Declined mortgage
Can anyone please help, we have just been declined a mortgage with our building society nationwide who are our current mortgage provider. We are buying a new property as we are downsizing as our children have left home. We have 187,000 equity in our current home and out if this we want to pay of our loans and credit cards…
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Joint Ownership with parent - splitting up
Hi there, did a search of this and couldn't find any information. I live in a property with my parents - worth £500k. We have joint ownership and mortgage (me and father) and have £60K left on the mortgage. My disabled brother lives with us and he is claiming disability benefits as he cannot work. We live in London. I have…
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Any advice muchly appreciated on FTB situation!
Hi everyone, My partner and I have recently been looking into getting a mortgage as we currently pay £430 (I know this is low compared to loads) per month rent to basically pay our landlord mortgage. I am a stay at home mum to our two children, he works full-time in the job he has had for seven years. He earns £15k per…
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Remortgage confusion - please help
Hi guys Could you please help with a couple questions i have. We moved into the new house 2 and a half years ago and my main bank account is still linked to my parents house. i have successfully applied for credit cards etc (fully paid off) with no problems. All my utilty bills, council tax etc is addressed to the new…
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entitlement to proceeds of house
Hi, My partner split from his ex girlfriend 3 yrs ago, they have a 10 yr old child and also a mortgage on the property which he paid into for twelve yrs. On splitting up, she refused to take any financial help towards the mortgage and also maintenance payments, as long as he looked after the child while she worked. He now…
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Help choosing a mortgage
I am currently on a 5 year fix at 3.99% which ends next month. The house is worth approx £190k and I am looking at a mortgage of about £80k, so LTV is fine. I have been looking at fixed rates and two options are Halifax 5yr 3.19% (no admin fee) or Yorkshire 10yr 3.99% (£130 admin fee). I'd be really tempted by the 10yr fix…
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Remortgage on shared ownership?
Has anyone managed to get a remortgage on a shared ownership property? I own 50% of my flat and I have my mortgage with Leeds building society and the interest will be 5.69% next year. I think this is a bit too much and I am thinking if I should remortgage. Anyone managed to get a remortgage with a decent interest rate?
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Can my Mum get a house?
Hello all, My Mum has been asking me for a while now and I am unable to give her an answer. The question she keeps asking me is 'can I own my own house'? I am unable to give her an answer because I don't know about this kind of things. I keep saying to her if she saved enough and wanted it enough then of course she could…
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credit score and affordability check
hi, newbie here, me and my partner have been looking into buying our own home, it'll be in his name only as i have bad credit and dont work due to disability. anyway, we approached halifax as that is who my partner banks with and we was turned down, we did have a ongoing loan with them that we told them would be paid in…
