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Can you help me run some numbers?
Below are my numbers for the mortgage acceptance and some special circumstances, people with knowledge could you help me understand if I have a chance at all in getting a mortgage: House Price - £201,500 (offer accepted, have got a DIP for £170k from Nationwide which is 2 months old, got it using a broker before the…
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New home mortgage decision.
Hi all. Im wanting a few opinions with regard to a house purchase. Basically me and my wife have seen the perfect house to buy but we are torn with regard to the amount of mortgage needed. The house is on for £210k, we have deposit of £38k to put down after fees. We have sold our property and are chain free but i know that…
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Mortgage Help!!
Hi Can somebody help me with some mortgage advise? My partner earns £30,000 per annum & I earn £20,000 per annum. We have recently been to see a mortgage advisor that has told us we can have a mortgage for £125,000 this is including are £20,000 deposit. This is purely based on what we earn he hasn't looked into credit…
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X-post. Mortgage advice
So. SO and I are buying our first flat together, mortgage approved but they want 2 months proof of building up mortgage...what? Deposit amount: £5950 Our savings account has had £4k in it for the longest time. £600 came from SO's current account, £400 came from my cash drawer, and the other £950 was given to us by our…
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Broker said there wasn't a snowballs chance
About three weeks ago we sold our house in surrey making us £180k We have adverse credit files 2defaults each. Spoke two brokers and both said I have no chance porting our mortgage with our current lender the halifax. We have a mortgage of 170k and would look to reduce it to £110k and have enough to pay all our creditors…
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changing fixing period
Hiya everyone, my questions is what are ways to change the interest rate fixing period, in our case from 5 to 3 years. We have applied via L&C, we got a text saying valuation has taken place today (without visiting, I suppose that's due to LTV being less than 40%). We don't mind if we stay with the same lender either. In…
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Mortgage Broker Wickersley/Rotherham
Hi All, looking for mortgage advisor in Wickersley/Rotherham area. Remortgaging and not happy with Santander (current lender) whose valuation puts us into the 80% plus LTV rather than the 75 to 80% band. Hoping a broker can get a more accurate valuation or am i barking up the wrong tree as all lenders use the same…
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Student Remortgaging
Deleted as no replies
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Help! Unique situation, wtb house and let-to-buy existing property!
Hello MSE forum members! I'm in a quite unique situation at the moment. I'm currently unemployed (partner is too) and won't be for the time being (reason, setting up a new business!). Our situation is that we currently live in a small 2-bed house, value is around £160-£170k and we own it outright. Whilst we enjoy living in…
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Mortgage Rejection
Hi All I was rejected for a mortgage last week by the Post office. My question is how long should I wait to apply for a mortgage again as I have heard it affects my credit score if I apply again to soon. I was rejected on the basis that my deposit came from a equity release from my dads house and I am paying off the…
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NRAM consent to let
A bit concerned as have seen a few thread ps on here recently re the above. NRAM granted us consent to let in 2009, as I recall it at the time we made a one off payment and consent to let was granted, no time scales discussed or stated. I've read a lot on here about NRAM writing to revoke consent to lets or that you have…
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Mortgage or sell up and rent
This could be a silly question really but I would like someone else's opinion, I have added numerous threads before about buying a house with my ex partner he moved out over 5 years ago and now I live with someone else in same house and we are looking to get married in next couple of years. House is still in mine and ex…
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Endowment issue
I purchased an endowment policy on 10th August 1988. I understand that the company who sold me the policy is no longer in business. I have been told by the FCS and FSCS that I cannot get compensation as the compensation scheme started on 25th August 1988 ie 15 days after I took out my policy! What can I do? Has anyone else…
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Endowment nightmare
Can anybody please help us ? In 1998 we took out an endowment mortgage with Bradford and Bingley BS for a period of 20 years,after paying high interest for about eighteen months we moved the mortgage to First Direct Bank. We have been receiving letters informing us that there will most likely be a shortfall of some £15,600…
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Remortgage
How long does a remortgage generally take
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Mortgage and Divorce
Hi, I need some advice for a friend. They have been seperated for years and now in order to get the ball rolling with the divorce, my friend needs him to sign the mortgage paperwork so she is the sole owner. This was previously agreed but only verbally, he pays nothing towards the mortgage. The problem comes about that he…
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Help to Buy - Equity Loan
Now no longer available with Halifax through brokers, be prepared for a lengthy process if going for the equity loan, with Halifax, as you need to go direct to them...
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Fao mortgage brokers
How long does a typical remortgage take? Thanks in advance
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Mortgage Help
hi we have been told we cant get the mortgage we were after and wondered if anyone had an ideas situation : Cost of house £90000 deposit from partner : 50% £45000 My Income : £14000 per annum £6000 savings Partner : currently right now unemployed , living on his savings, has a buy to let mortgage and waiting for tenants to…
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mortgage promise/ deals
Hi We were looking at a new build semi property in Belfast put an offer in for 193k but for finish discussed builder he wants 199k. To make things worse are own property fell through yesterday. We should have 15% deposit possibly bit more. Anyway decided yesterday to get a mortgage promise, limited to certain companies, as…
