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Transfer of equity and settlement of debts
I would like to remove an x-partner from the mortgage. Of which he is fine with. I currently have 4 defaults on my credit report. 3 are nearly 5 yrs old and 1 is 4 yrs old. I missed 3 payments on the mortgage 18 months ago. As of April 2013 my mortgage has been up to date and payments regular. I meet the basic criteria 80%…
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Mortgage with parents
I am looking at purchasing my first house and will be doing so with my dad. The idea is that I purchase half(mortgage) 60k mortgage needed and 7k deposit. My dad buys his half outright 67k no mortgage needed. Affordability is fine I think. I earn £23800 per annum and have no credit cards, loans or hire purchases etc Will…
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Renewing mortgage
I'm about to renew my mortgage and due to changes in mortgages i've been told by a different company to the one i'm with that as I won't be receiving tax credits after August it will be difficult for another company to offer me a mortgage despite me owning 3/5's of the property because my wage is so low. The repayments my…
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Credit check after offer?
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Is there a limit to how much additional borrowing we can ask for?
The fixed rate period of our (mine and my brother's) residential property is coming to an end soon and we are thinking about re-mortgaging with additional borrowing in order to use as deposits to purchase one or more buy-to-let properties. Due to the rise in property prices in the last couple of years we have quite a…
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Has anyone set up a property business?
Hello … has anyone got experience setting up a property business?
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Should we go with Nationwide? Is their lending criteria stricter than others?
My husband and I are looking at moving house. We currently are with Nationwide and can port our mortgage with us. As it is on their SVR of 2% above base rate for the rest of the term we want to do this as it makes a huge difference in repayments. To buy our new house we need to take out another mortgage for £133,000 in…
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Short term mortgage
My wife and I have a mortgage free house worth approx £700k and savings of £350k. I'm 67 and retired and my wife will be 65 in July but is still working. Our current income is approximately £60k p.a. We have seen an apartment that we'd like to buy now for £650k but we don't want to move into it for probably a couple of…
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Help to buy for a current shared owner
Hi guys, There's a huge post coming up with specific details in the next week or so for advice but in the meantime I wonder if you could help with the following straight forward query. I am a shared owner having bought an apartment from new in 2008 with my then partner, now wife. It was and still is our first mortgage and…
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Dip in February before mmr rules
Hi I'm asking on behalf of friend, she had a promise in February for 70,000 and now has finally sold house now she will be going back for full application, she wondering if now with the mmr since being put in place will offer be dropped at all.? She needs full amount of promise.. I've been on halifax mortgage calculator…
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Falling to bits.....
sorted it thanks
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Getting Ready to Remortgage Guide
Hi! This is the discussion thread for the Getting Ready to Remortgage guide. Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide. Thanks folks,
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When remortgaging can you add a lump sum of money to the pot?
Hi, We're coming to the end of a 4 yr fixed rate mortgage at 3.99% and are planning to remortgage. We always overpay up to the limit, and also have additional cash we'd like to add to the mortgage pot. So my questions are: 1. When remortgaging can you add a lump sum to the pot, thus decreasing the amount owed? And how/when…
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Should you Remortgage? Guide
Hi! This is the discussion thread for the Should you Remortgage? guide. Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide. Thanks folks,
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Can I take my mortgage with me? Guide
Hi! This is the discussion thread for the Can I take my mortgage with me? guide. Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide. Thanks folks,
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Agreement in Principle reduced - advice please
Hi, I was given an agreement in principle from Halifax, i still have about 3 weeks left on it and we made an offer based on it. I have gone back to them to get the process rolling as the offer was accepted, but they now say rules have changed and are offering a lot less, about 20%, can i not push it to i only need them to…
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Plan for getting the mortgage we want
I am a partner in a company and I take £2,500 a month as a wage. I have been working in this company since September 2013. Previously I was self-employed. But I have merged my clients into this new company I set up with a financial partner. I am not doing anything different except I now manage people and have a regular…
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Buy To Let Mortgage - do I need to let it at all?
Hi I've been trying to purchase a property on a second home mortgage. I wanted to the property to use primarily as a holiday home, and perhaps offer it out to friends and family really cheap if I'm not staying there. My situation means it's proving really difficult to get a second home mortgage (I own my own company and my…
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Anyone have experience of using HTB (2nd part) on higher value mortgages?
Hello, Just wondering if anyone has had any actual experience of this and whether it is harder to get. We are in that situation where affordability is not an issue, but getting together deposit + stamp duty and fees is creating more of a headache (or, I am just impatient as we are trying to buy in London :/ ) We would be…
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Paying stamp duty
Hi all, I'm facing a battle to raise enough capital to pay deposit and stamp duty, and was wondering whether its possible to add stamp duty to the mortgage loan? The article on this site explaining stamp duty suggests that I can, but three different mortgage brokers have basically scoffed at the idea of it. Please could…
