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Should I check my credit files? Now?
And all of them?? I'm due to re-mortgage in a few months (end August) but am getting conflcitng opinions as to whether its a good idea or not. Does it leave a trace, or are the potential pitfalls of leaving it bigger than the impact of multiple searches? Is there an optimal time to do it? Would appreciate thoughts! Thanks…
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Mortgage to buy ex out ?
I am currently going through a divorce, the financial settlement has not been agreed yet, however ex is moving out of FMH to somewhere closer to her parents. I’m currently in rented so I could move back to FMH and thought I could buy her out of 50% of the value. Therefore I’m looking to take out a mortgage (don’t currently…
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Mortgage Broker/IFA Herts/Essex
Sorry, don't know if I am allowed to do this but am look for a recommendation for a mortgage broker/IFA in Herts/Essex area. I am wanting to remortgage for the first time and need help/my hand holding! Please.....
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Equity Stripping
Sorry in advance as I am sure this will be a bit confusing. Not to give excuses but to explain a little: My father in law and wife had a baby about 6 years ago, when the wife gave birth she was found to have terminal cancer and sadly passed away a month after giving birth. That caused my father in law to turn to drink -…
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Mortgage for FTB advice please- Credit report with old default
Hi there, I'm new to all of this so apologies if this isn't written in the correct place! I am currently looking to apply for a mortgage with my fiance and had a couple of issues which I would love some help and advice on. Firstly we have saved £30k for our deposit at the moment which was our target. Our combinbed income…
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remortgage cheque time limited
interested if others have this experience. I re-mortgaged the house some years ago. the solicitors in charge of this contacted me recently saying that they had sent me a cheque following the transaction which I had not cashed (and not received) and so they would be reissuing me a cheque for £130. I was pleased but with the…
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Staff Mortgage Maths!
Hoping someone is able to help me here - Maths has never been my strong point!! I've been on a staff mortgage for years and have a ridiculous tax code because of it, but now exploring whether to remortgage onto a normal rate. I've got a mortgage of £390,000 on a rate of 0.75%. I'm a higher rate tax payer, so not sure what…
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Further advance from Halifax
Hi there, just wondering if anyone has any recent experience of this process? We applied a couple of years ago over the phone and didn't pass credit check. We have re built our credit score and phoned to apply again. The person on the other end of the phone told us that all applications have to be done in branch and that…
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Securing debt on house being repossessed
I completed an extension on my sister's house and wasn't paid for it. Now the house may be repossessed and she agrees on the debt, but how can I get my money if this goes ahead? Will the mortgage company just auction off the property to get rid, and then charge their fees leaving nothing for anyone? Am I entitled to remove…
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Follow on rate
We have finance in place to buy and are looking for a property at the moment. We intend to get a fixed rate mortgage, probably for 5 years (maybe 3). I don’t fully understand how the “follow on rate” works. After the fixed period we would (if we don’t make other arrangements) go on to the follow on rate but how long would…
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Guarantor for someone renting when applying for a mortgage
Hi, I've been asked to be a guarantor for someone who is renting. I have a mortgage currently but me and my husband plan on moving soon and will need to apply for a new mortgage, would they take into account the fact that i was a guarantor when we apply for the mortgage and could this effect how much we could borrow?…
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Remortgage or Bridging Loan?
Hi, My husband and I currently own a 3 bed semi and have a residential mortgage on the property. In the past year, we have half erected an extension over the attached garage. The extension has a roof and is about to be rendered and have windows put in. When completed, it would make our house a 5 bed property. Over the…
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Remortgage to Buy another house
Hi All I have a freehold property now after many years of mortgages and i am looking to re-mortgage this to purchase another property. I do not plan to sell the 1st property. Is this a straightforward Re-mortgage or would there be other thing's i need to look out for ? Thank you
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Help
We are in about 41ks worth of debt. Husband lost his job my wage went down. We have a mortgage with Woolwich the outstanding balance id 47k property value of 155k does anyone have any experience of re mortgaging or releasing more money against their home. both of our jobs are sorted now I just don't want all o that…
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FTB AIP how long is it valid
Hello, A quick question about how long a AIP can be for. Today I was told that an AIP from the PostOffice is only valid for thirty days! This seems to be pretty short, as I assume that I cannot even start to look and take part in viewings of property until I've got a AIP in place. Am I right in assuming that I'd have to…
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Re-mortgage
Hi My current two year fixed rate will end in nov 2015. Can I ask how the new mortgage rules affect re-mortgage applications?
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Valuation to mortgage offer?
Hi, does anyone know how long it takes to receive a mortgage offer after a satisfactory valuation being completed? Had text from nationwide saying that they had received a satisfactory evaluation but worrying out of my mind as to whether we will be offered a mortgage. Agreement in principle last week and full documentation…
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could we should we??? we would - but partner has delinquent account :(arrrhh t mobile
Hi I would like to thank everyone in advance for any advice given all appreciated!!! My partner and I where hoping to get a mortgage shortly although we may have missed the boat as prices in our area, Bedfordshire are expensive for ftb. We have a 25k deposit from savings and sale of a car and we are both currently employed…
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How would this mortgage situation work?
Please could you help me understand this scenario? Current house value £100k Offset mortgage £80k Fully offset with £80k cash, low interest rate (1%) (mortgage is portable) Desired house £300k I would like to keep our existing mortgage as it is such a great rate, but how would it work? Use £80k as offset cash and £20k…
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Issues with gifted deposit/childish parent - experiences?
My mum gave me and my husband a sum of money towards a deposit, and we are supposed to be signing the paperwork this week on a house purchase. In this paperwork is a gifted deposit form which my mum has to fill out and it asks for accompanying details such as bank statements to prove where the money came from and also a…
