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Remorgaging - I don't understand!
Please can someone offer me some advice - my partner and I are first time buyers and have been living in our two bed house for 1 year now. We really want to get our bathroom done (it's gross!), but have no savings to be able to afford it. We have been advised to release the equity on our house and pay for it that way, but…
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Mortgage advice..
Hello, new to this but hoping to get some advice! Me and my wife are looking into buying our first house. I am ft employed, salary £25k, wife is self employed approx £20k We have a good deposit and would be looking for a ltv of no more than 75%. Problem is my credit report... I have some defaults on my file from a year or…
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Changing names on deeds when remortgaging
Hello We are on a 2 year fix with Clydesdale bank that ends in September. We have been accepted for a new mortgage with First Direct. At the moment, it is only my name on the mortgage, and the deeds. However, when we remortgage, the mortgage will be in both of our names, and the deeds will need to be as well. What do I…
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HSBC any good for self-employed?
I'm looking at a remortgage and L and C have come up with the Halifax but looks like a cheaper 5 year fix may be with HSBC but I'm self-employed with reasonablky limited accounts so wondered if anyone knew how HSBC were with self-employed people generally? Ta GBB
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How early can I remortgage?
I am on a 3 yr fixed rate mortgage which expires in October. Given my ltv has increased substantially since I took out my existing mortgage (thanks to the London property bubble), any remortgage I do is (currently) likely to be at a much better rate than the rate I am currently on. The only problem is that I cannot lock in…
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House Valuation
Hi Hoping someone can help point me in the right direction, I am looking for an independent RICS surveyor to complete a house valuation to enable me to repay my homebuy direct loan. The valuation needs to conform to the following rules: The valuer must be registered with the recognised qualification of RICS. The valuer…
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MSE News: Had a West Brom mortgage? You could be due a share of £2m in refunds
Thousands of West Bromwich mortgage customers are due a share of £2 million following interest overpayments ... Read the full story: Had a West Brom mortgage? You could be due a share of £2m in refunds 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…
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Remortgage valuation
Hi, I am wondering if someone can help me. Our current mortgage deal with Natwest comes to an end 31 July 2014, and from looking at the deals offered to us they have placed the valuation at £275,000 which is the same value as when we purchased the property. The property had an extension that had been started, basically all…
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Remortgaging & credit rating
Hi, I hope somebody can help me ! My husband and I are hope to extend our house, it's probably worth about £300k, and out current mortgage is £58k. He's full-time £45k, I'm part-time £13k. I'm always in my overdraft (£4k - of which he doesn't know, I know it's shameful). Anyway we would want to remortgage for about £80k.…
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Late Credit Payments HTB Mortgage
Hi, Any advice grateful from experts. Had a joint mortgage for 9 years, sold the house and are now renting. No debt or loans for the last 6 years. Went for a new build HTB EL, got a broker and was rejected by the Leeds Building Society for credit score. Checked this through equifax and was horrified that my wife was caught…
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Metrobank mortgages ( via broker)
has anyone had any experience of using metrobank for a mortgage. looking to do a 5yr fix rate with them but wanted to guage if they are slow. thank you
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halifax reduce mortgage interest letter
hi , i have received a couple of letters regarding mortgage interest and looking into an illustrator guide to see if i can pay less interest - but to be honest it might as well be written in an alien language - i dont undertand it at all - i went into halifax and got no help whatsoever and got told to go on the internet.…
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Mortgage Application Query
Just a quick query about an existing mortgage query. My mortgage application has stalled at underwriting stage as I'm waiting for a requested document to send to the Lender, however the lender has issued some new changes which will put my application in a more favourable light. Can I ask my broker to pull or amend my…
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Mortgage help,
We have sold our flat and made a large profit therefore are able to put down a 30% deposit on a house we have seen. My husband missed 5 mortgage payments in 2011/12 therefore we have gone to a broker who has put us to g e money. The full application has gone to Solent Mortgage Services and has now been passed to G E. From…
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mortgage in negative equity and selling the property...
Hi I want to sell my property that is currently in negative equity and take the outstanding amount approx £23k with me onto my partners mortgage he has equity c£20k and we will also remortgage in a joint application. Is this possible ? Could you point me in the right direction of what is the best way to approach this.…
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Self-employed mortgage question
For the past 3 years I have earned 50k (2011), 47k (2012), 40k (2013) net profit per annum and my partner has earned roughly 10k net profit per annum. I currently have a £50,000 mortgage on repayment. Based on this, what is the maximum we can get for a mortgage and is the max common multiplier 4x or 5x? I would like a…
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Personal loan to augment LTV?
Hi. I'm looking for some advice. My partner and I are first time buyers with a basic combined income of around £56k a year(comfortably over 60k when take into account overtime. We have no debt other than student loans and a faultless credit history. We have got a decision in principal for a mortgage of up to 200k. We are…
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Which lender provide mortgage for probation period
Hi, I just started my new job for 2 month. I wondering which lender will lend the money to a person in probation period. Thank you
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Help to buy (20% Equity Loan) - mortgage implications?
Hi all, few questions about Help to Buy (the original, 20% equity loan version)... If we take out a 75% LTV mortgage now, at a fixed rate for 5yrs. In 5yrs time, will I be able to remortgage with all or some of the 20% equity loan still outstanding? Also, our mortgage advisor has done a quote for us with Nationwide over…
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Halifax totally disinterested in remortgage despite 15 years without missing a paymen
We have had a mortgage with the Halifax for last 15 years. We moved house 5 years ago and went back to a 25 year mortgage term to cover the increase in mortgage size (always had a repayment mortgage) We have never missed a payment and currently have 67% LTV. We want to change to a fixed 2 year interest only mortgage as our…
