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Nationwide lack of customer loyalty
I have a mortgage with 3 people me and my parents has been all fine no communication from them to say any changes have been made. I now need to borrow funds to update doors and windows so I call to apply all within affordability to be told they changed their policy September 2012 and no longer do mortgages with more than 2…
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possible retention but no problem with valuation amount - confused!
A little confused, purchase price £124,995, 90% mortgage. Valuation has been completed, valuer has noted some tiles on the roof need to be realigned so has recommended a roofer complete and report the roof is watertight, has valued the property currently at £125,000 and value of £127,500 once this hard been done. Given…
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Mortgage in later life
My husband and I have just been advised that our landlord is selling the house we rent. She has asked if we wish to buy, but realistically, we are not likely to be able to afford it. We are however, wishing to know whether we would be in a position to buy a property. We are both in FTE and are around 50, no dependents,…
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Old Woolwich Equitable Mortgage
Hello! I had a mortgage with The Woolwich back in 1996. I no longer have any details of the mortgage and I am desparately looking for the mortgage account number. I have been in touch with Barclays (who took over the Woolwich) but they don't have any of the details (or at least not over the phone). I cannot remember who I…
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Secondment Contract and Mortgage Application
I am looking to get some advice on a potential mortgage application. My partner has been with the same company for 8 years now but is currently working a secondment contract (within the same company). This was supposed to be made permanent this month but the company have decided to extend the secondment by 5 months. We are…
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mortgage rejected due to late phone payments
Hello - have just been rejected a mortgage application because I missed 4 consecutive payments 25 months ago (the 4th missed payment was the 25th month). The reason for this is irrespective of why I am posting, and I went on to complete 12 months worth of payments thatr were on time for my phone bill where the phone…
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Help to buy mortgage acceptance???
Hi guys. I recently got accepted for a 90% mortgage up to £190,000 with the Halifax. :beer: My question is my wife and I are wanting to buy a new build with the HTB scheme. Would you say I have a good chance of being accepted for a 75% mortgage with the scheme due to already being accepted for a 90% mortgage? The house is…
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Advice needed on house sale - mortgage
Hi guys, Hoping there might be some mortgage advisors/experts out there whose brains I can pick. We're currently in the process of buying a house. It was built 5 years ago in the grounds of the next door neighbours. The neighbours still live there an all seems legit. However, it turns out the vendors only have a possessory…
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Buy to Let
Does anyone have any advice on buy to let mortgages?
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"Own Home" mortgage advice
hi I bought a house 5 years ago using the Own Home Places for People scheme with a Co-Op mortgage. Basically, 60% mortgage, 40% government loan The mortgage has now come to an end and Co-Op are putting me on to their bog standard mortgage and won't offer me anything else. Has anyone else been in this situation? Did you…
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Buying from family - we can't be the first
We thought it was a great plan but it seems to be getting harder and harder. My wife and I wanted to move to a bigger house for us and our 3 children. My parents wanted to downsize and free up some money to travel and enjoy retirement. It seemed like a perfect match so we decided that we would buy their house but actually…
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Lloyds / C&G being sneeky with mortgage payments
My mortgage is with Cheltenham & Gloucester, and it shows on my on-line banking with Lloyd's as they are co-owned. Over the past 3-4 months I have noticed that whilst my monthly mortgage payment leave my Lloyd's account on the 1st of each month, the balance on my C&G mortgage does not get reduced until at least the 5th of…
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URGENT help required! 3 months statement problem
Hello First time on this forum and desperately need advice. My husband and I have sold our property STC and had an offer accepted on a new one. Brilliant. Due to complete end of June. Currently have great mortgage with HSBC on a good rate. They said we could transfer deal over but would need to reapply so we did and got…
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UK Traded Endowment policies
Good day, I am a permanent resident in Singapore and I have come to know that we can invest in UK Traded Endowment polices for fairly decent returns. I have been offered an opportunity to invest with a UK Insurer (Credit rating AA-) Here are the details Policy Price £4,804 Years to maturity 8-Dec-2026 (12.71 years) Formula…
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Getting a mortgage - husband with a poor score, me with an excellent score
Is there any chance whatsoever of us being approved for a mortgage with my husband having a credit score of 652 (middle of poor on experian) and myself as excellent (999)? We would have £95k in cash from the sale of our property (currently under offer), and we could out down a 20% deposit. We both earn decent salaries mid…
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95% LTV 5 year fix recommendations?
The best rate I can see is 5.49 with Virgin Money, anyone know of any better? Bob
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Mortgage based on Salary/Dividend
Applying for a joint mortgage. I have the larger salary based fully on PAYE however my wife owns 12.5% of her family's business and is paid approx £16k PAYE & average £9k dividends per year (over last 3 years). How do the mortgage company view this? Is it acceptable? Typically what kind of multiplier would they apply when…
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Full Mortgage Application concerns - help!
Hi, My Sister and I have been approved for a 'Decision In Principle' from Nationwide (25th March 2014) for a figure of £161,750. We found a house that we really liked and have put in an offer of £175k which has been accepted. We have a £25k deposit so we are now looking to borrow less than originally offered (now £150k).…
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HELP pls: turn residential mortgage into buy to let without owning another property?
Hi First time I have posted, so please let me know if I do anything wrong! Wondering if anyone has any experience/knowledge of this, and would be grateful for any advice, thanks! We have a residential mortgage on a property that we got permission to let for 2 yrs. So my husband could work overseas temporarily. The 2 yrs is…
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Can I get a mortgage with these defaults?
Hey, so i am looking for some advice. I am currently in the process of trying to buy my first home through shared ownership. I will hopefully be buying a 35% share of a 1 bedroom apartment with full value of £157,000. I will have a deposit of around £25,000 - £30,000. The only MASSIVE problem that I am going to have is the…
