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which would you go for?
2 year fixed @ 2.64% 4 years fixed @ 3.44% opnions on what the interest rate will be in 2 years time? just cant decide.... :(
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can I trust a Santander AIP
Hi all, bit of advice so we went to a broker a month ago explained our position and she got us an AIP from Santander on a 95 % mortgage. The broker told us this involved a credit check and all is fine etc. But from checking my credit file no searches have been made suggesting they haven't credit checked us? I guess my…
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Effects of Defaults on Mortgage?
Hi All, Wonder if anyone can give me some advice. I have 2 defaults courtesy of HSBC each around £400 back in January 2010. I paid them off immediately and since then have had a perfect history no missed payments, used a credit card and paid it off etc etc. I'm looking to get a mortgage next year and so they will be at…
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Mortgage Overpayment Withdrawal and Additional Monthly Charge !?
Hi hopefully somebody could explain this to me !!!! My situation is :- I had a mortgage which was "ringfenced" and was with the Cheshire Building Scoiety who have now been taken over by Nationwide and subsequently transfered to the Nationwide It systems.. I am allowed to make overpayments and withdraw these amounts anytime…
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remortgage comparisons
I'm looking to remortgage and finding it difficult to find a decent comparison site. I just want to see the headline rates / penalties and then narrow it down to those I want to investigate further. It seems like all the sites I've looked at are asking for contact details and at this stage I don't want to be bombarded with…
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Anyone have a "BAD CREDIT MORTGAGE"? How much does it really cost??
Ok so I'll try and be brief. Currently on a dmp and have inherited money. I'm paying off all debts. I have around 8 defaults all going on at different times. Last one around year ago. I'm looking for a mortgage as want to put money to good use looking at around 100k house with 50% deposit. I know I'm gonna have to see a…
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Mortgage Application and Personal Loan
Just a quick question here. I'm 25 and looking to buy a property this summer with my girlfriend. We currently have a 10% deposit together, ~£15k and qualify for Nationwide's 5% first home owners mortgage should we wish to apply. Our joint salary is ~£55k to ~£60k (no CC debt, currently renting - student loan debt only) I'm…
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Contacting Santander directly?
Hi, Has anyone on here tried to get a progress update from santander directly? Our broker is taking too long to get updates and this is now a matter of urgency with the seller. Can i contact them and check when application/supporting documents have been uploaded and also when i can expect a valuation date etc? We have been…
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Will mortgage application go back to underwriters after valuation?
Last week my partner and I applied for a mortgage with Lloyds, our application was referred to the underwriters because of a Notice of Correction on my partner’s credit report (due to a linked address that’s in dispute). On Friday my mortgage advisor called and said the underwriters have said it’s ok and we can now go…
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Understanding NewBuy Mortgage Rates
Hi There, As a first timer in the property world, I'm looking into mortgage rates to find they're hideously complex! Luckily, I'm pretty mathematical and understand most financial figures such as LTV % which shows what % of the house price the mortgage provider will lend. However, the information becomes clouded when…
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Application done-now the Valuation
We completed our mortgage application on Saturday and the next step is the valuation. I was just wondering if anyone knows- if the lender instructs the valuation- does that mean they're happy with our application- i.e. credit scores and documents etc or does the valuation happen regardless?
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Father as Guarantor
I'm currently going through the process of buying a house. I've also been offered a new job in a new trade on more money. I was trying to put of accepting and starting the new job until after completion however it seems this might not be possible and I really can't afford to loose this job. I understand that it will be a…
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Mortgage Advisor
Hiya Just wondering if anyone could recommend a good reliable mortgage advisor / broker in the Wolverhampton area? Me and my partner are FTB buying a house private (no estate agent) and have no idea where to start. Thanks
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Mortgage initially Accepted, then Declined then now being reconsidered!!!
Hi All, Its my first post here and hope you can help me. I have applied for a mortgage with Halifax, Completed the application and passes the initial credit check with a pass score of A (Highest Score). I paid the evaluation fee, provided my proof of ID and copies of my payslips and all supporting documents required by…
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Ftb
Folks Please excuse another arbitrary "how will this affect me" thread, and please be reassured I am already due to meet with a mortgage advisor to look more closely at my position however I am after a very quick indication as to what may be possible in my circumstances. My credit file is chequered from 2008-2010 whilst I…
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Residential remortgauge - do I go long-term?
Hi, Bought my first house about 18mths ago, currently on a 2 year fix at 3.79% with Barclays, which expires around August (and I presume will revert to their SVR). House (scruffy ex-council 3 bed, in north Derbyshire) was £90k, I put down 18K, giving me 80% LTV. Actual amount borrowed (inc fees etc) was about £73k.…
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Repossession and debt- Can i still get a mortgage?
This is my story- I split from my ex wife, to which it was agreed that she was taking on the house with its mortgage. I moved back in with my parents, i lost my job at the same time which meant i could not afford to stay at the house. She was living in the house for a good 6 months before getting herself a council house.…
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Profit when we sell . ... questions, questions . .
Hi all I have a few questions regarding our mortgage if we sell - We bought in 2011 for £190k(very good deal) on an 85:15 LTV, we finished our first 2 year mortgage deal and had the place revalued by the next lender at £215k thus a more favourable LTV. We are currently considering our options and selling may be one of them…
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Last year's P60
Hi all, Anyone know why a mortgage provider would want last year's P60? I don't have one as I was unemployed at that time after taking voluntary redundancy. I have been in my current job since Jun 13 so it's not like I'm only recently employed (and was at previous employer for 13 yrs so I'm not a job hopper).
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Mortgage/credit score help.
Hi,I'm out of ideas so thought I'd ask for some advice here :) me and my partner a newly married and are looking to get on to the property ladder,we have 5k deposit and are looking at a 95% mortgage on a 100k house. So it begins,we go to see a financial adviser at a estate agents,we go through all our affordability etc,so…
