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Morggage with friend
I am going to get a mortgage with a friend for 20k, as an investment and rent it out. I cant do it myself, as my credit rating is so bad. Can we put it in both are names, so we get 50/50 cut? If no is it possible for a solicitor to write up we both get 50/50. The credit check has to be done in his name thanks
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House buyers pulled out. Can I get new mortgage deal?
Hi we have had a terrible few months. We put an offer in on a house conditional on ours selling. We knew the people selling the one we wanted so they kindly gave us keys early. Then the day before selling our buyers pulled out. We continued to pay our mortgage and paid the couple who's house we were in money to cover their…
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NWide overpayments
I've just started a new 5 year fix with N'Wide and made my first overpayment this month, of £650. They've sent me a letter saying they've reduced my term to 20 years and 7 months (it was 21 years); my monthly repayments will remain at the fixed amount set when the fix started. Could this reduction in term have any impact…
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Natwest mortgage renewal with £100 cashback
Hi All I am due to renew my mortgage deal and my current mortgage provider, Natwest, has offered me £100 cashback if I change to a new deal with them online. The only downside to this is that I have to keep my mortgage term the same, but I was wanting to reduce my term by increasing my monthly payments (I would be able to…
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adverse credit
Hi, im just wondering on wheres best for mortgages applications whilst having credit issues. I have 2 defaults one from 20/04/2010 £290 and one from 21/06/2011 £1195 which are both satisfied. I have 14k deposit and no other debts. many many thanks for any help. :beer:
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bank statements for mortgage...paperless
Evening all... I am applying for a mortgage with Santander, they have asked for my last 3 months bank statements (standard I konw) but I do all my banking online and paperless. What format will they accept or I am I gong to have to pay my bank (Lloyds) to print off the last 3 months! Many thanks
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Accord Mortgages - First Payment After Completion
Hi, Does anyone know how Accord Mortgages work in terms of taking the first mortgage payment when you complete on your house? ie, if you have specified a payment date but dont move on that date do they take a month and a half in advance or in arrears? Example - We are looking to move at the end of May but specified a mid…
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No searches without mortgage offer?
Our solicitor has told us that he cannot start the searches on the property we are purchasing until he has received our mortgage offer. Is this standard practice? YBS have dragged their feet and only requested valuation yesterday, earliest surveyor can get out is 22nd April. There are 4 of us in a chain and we all wanted a…
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Am I being ripped off?
I have used the services of a financial advisor and I am concerned his intentions are for his commission rather than my interests. I have slightly different circumstances to others and I feel this is being used against me. My circumstances are as follows:- I work for a German company in the Offshore industry. I get pains…
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remortgage valuation
I bought a property 2 years ago pretty cheap- it needed a total overhaul. I put in a deposit of around 30% at the time and the mortgage valuation came in at what I needed (i suspect this is because of the size of the deposit.) So I've spent quite a bit doing it up. It's now at a very good standard. Now that I'm looking at…
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Adding my partner to a Nationwide Mortgage
I've just applied for a mortgage from Nationwide to buy a property. The process is underway. Myself, my partner (we aren't married) and her son will live there (eventually). I applied in sole name for the mortgage because she has been self employed for less than 12 months and we thought it would be quicker and we'd have…
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Keeping a mortgage/second mortage/help-to-buy
Just looking for a but of advance advice/research before I head to the mortgage advisor on Monday. My partner currently has a £120k mortgage on her property which is sold just waiting to complete. We can port this mortgage as long as it is within 6 months of the house sale. If not we have to pay £3,200 early repayment fee.…
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Made an offer but vendor needs 7k more to release the property from his lender
Hi, Need some advice, Had an offer accepted on no property, waited a. Age for contracts, never got sent ask threatened to withdraw. Found out then that vendor needed 7k more than offer accepted as he had 2 loans on property and lender wouldn't release property unless this 7k was added end. Property now back on market, Love…
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Break up help
Hi all, I recently split from my partner after 3 years together. We were living in a mortgaged property however the mortgage was solely in his name as he owned the house when we met. I paid £375 a month to him as my share, and now he wants to play silly beggers. Am I entitled to any of this money back?
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How long can a mortgage offer take - halifax ?
Afternoon, We gave our details for a full application Tue 02/04/2014. I was contacted on the Saturday 5/4/14 and asked for payslips and proof of tenancy for other property, this was sent Mon 07/04/2014. Was called Tue 8/4/14 by builders to say the survey had been cancelled, called Halifax who advised it was due to extra…
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Applying for mortgage: 2 completely different credit scores from experian and equifax
Removed comment for privacy reasons
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New Mortgage deal
Hi Our current fixed rate deal is coming to an end as was for 3 years and we have a 32 year mortgage which is now defaulting to the variable rate unless we select a new deal. My question is, if we choose a new offer does this effect the 32 year mortgage is any way if for example a new 3 year fixed deal was rejected, or if…
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Mortgage Advisor - Do I have to sign a paper to speak to them now?
Hi Guys, I am putting an offer of £250,000 to a property that we have just viewed, and the estate agent has arranged me a meeting with their trusted mortgage advisor to validate my affordability. My question is, the mortgage advisor asked me to sign a paper to agree that she can search for mortgate for me, including…
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is this normal for a remortgage?
Hi I applied for a remortgage last week, had text to say valuation is being done today, had text saying solicitors had been instructed etc. Had email asking all sorts of questions, answered them all. Have now had a document to send back with copies of passports mortgage deed etc. But I haven't had an offical offer? only a…
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higher solicitor fee but cheaper overall quote?
Hi all. I'm just curious.... so I've started the final application on a house. I rang a couple of places for quotes, and I originally informed the Broker that I was using Company A as my conveyancer. Their quote was around 775 give or take fixed . £400+VAT was their fee itself rest in the other expenses etc. She gave me…
