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Being forced to use estate agents solicitors and advisor
Hi all, We are currently putting in an offer for a place and we have been told that the seller will only take the property off the market if we agree to use the estate agents mortgage advisor and solicitor. This seems a bit wrong to me, we are a bit backed into the corner because we need to get the property off the market…
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NRAM woes
I'm hoping someone can offer some words of advice. A year ago I emigrated to the US and sought and was granted consent to let by NRAM. They have recently written to me asking me to renew the application for consent to let. I arranged to speak to a mortgage adviser at NRAM who informed me that this would be the last year…
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2nd mortgage
Hi, To apply for a second mortgage, does the first mortgage have to be declared ?
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HSBC Mortgage Product Transfer
I am currently on a fixed deal with HSBC. It is going to expire early next year and I am now worried that with the new rules on affordability I am going to hit a problem. If I merely want to switch to a new product will they still go there all the hoops again using the new lending criteria? I called them and asked in a…
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Countrywide surveyors appeal or not to appeal?
Evening, just wondering if anyone out there has won an appeal with countrywide Surveyors? Our house got valued @£515k accepted offer £556k, I'm not sure whether appealing the valuation wil make a difference? Any advice or experience would be great thanks!
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Affordability worries!!!!!
Hi all, Me and my partner are looking at getting our first mortgage soon, using the help to buy 20% equity scheme. What I want to know is what sort of questions do they ask regarding your outgoings? And do they need to know current outgoings as some of the bits we have we wont have by time we actually move in anywhere?…
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Nationwide AIP
Hi all, My wife and I are first time buyers. We have found a newbuild home in an area we are happy with. The house was already on the market for £229,995, but due to the previous buyer having to pull out, the builders had reduced it to £224,995. Further to this we managed to barter the builders down a bit and finally…
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Gifted deposit mortgage problem.. Help..!!
This is a bit lengthy but here goes. My old terraced family home was in a sorry state so I completely gutted it, removed all plaster, had central heating installed and re-wired it, initially with the intention of moving back into it. After due deliberation, my Wife and I decided not to move back in so contacted a local…
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Gifted deposit from Santander
Hi guys, Am in the process of applying for a mortgage through sandander whereby approx 20% of the deposit is made up from a gift from my uncle. Waiting to hear if this will be accepted at the moment but wondered if anyone had any experience in this? Many thanks in advance.
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Do I really need to have 3 mortgages?
Hi everyone, I have two mortgages with the nationwide and need to borrow more (£35k) to buy out my ex from the property. Nationwide will offer me a third mortgage but I wondered whether it might be better to try to consolidate into a single mortgage with a different provider. My existing products expire in October and…
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Nationwide mortgage calculator question
Can anybody tell me what I would need to include in the 'regular monthly costs you think we should know about' section of the Nationwide mortgage calculator to get the most accurate figures out of it? Is this purely for credit commitments, or should things like energy bills etc. be included in that figure? My wife has…
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Halifax soft search failed at dip
Hi I did an online soft search dip app with Halifax and failed due to credit scoring although passed HSBC. As I am looking to pay off credit card and loan before applying for mortgage i didn't add those into the form where asked for outstanding lending. On a soft search would they be able to see these balances and maybe…
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when to retain a solicitor
Hi we are going into our broker on Friday to officially apply for our right to buy mortgage, would it be wise to get a solicitor now or do i wait until we have an offer of a mortgage, we have a short space of time once we have recieved our valuation which we have had, to complete. However, I don't want to pay out for a…
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Halifax Mortgage Process - Historical LBG Defaults
I know these sorts of questions drive everyone mad because nobody can say for sure, but whilst I am waiting I am driving myself mad searching previous threads and speculating... Anyway, here is the situation: I got a DIP from Halifax on 16/5 with an 'A' pass whatever that is. Was asked to provide 1 months pay slip and…
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complaint to FSA or not
I raised a complaint with my buildinbg society re my mortgage. I received standard letter saying it will take 28 days to investigate and respond. Move forward 28 days are gone no response, chased them for an answer, got another letter saying that investigation could not be completed within 28 days hence require more time.…
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1st time buyer
Hi, I'm currently looking for my 1st Morgage. I have enough money to pay a 10% deposit but have had credit problems in the past. Does anyone know of the best lenders that look at your recent credit status ie: the last 3 years. Thanks
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Porting Mortgage question
I have a mortgage ready to port to the property I am buying, but the house I am buying is hitting a snag. The mortgage offer is good for another 4 months, if I decide that the house I was intending to buy is no longer worth the hassle/risk, will there be a problem if I speak to my lender to port to a different property?…
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Strange question regarding flood zone, please have a look
Hi Guys, we are in the final stages of buying a house. All surveys have been done, mortgage offer has been received. We met with our solicitor who advised we do a flood search. The flood search has showed that the property is a medium risk flood due to a new thing put in place called surface water flooding? We have…
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Mortgage on new house with old house as collateral
Hello. My mum owns my house and rents it to me. However due to ill health I need to move to something all on one level nearer to hospital. We are in a situation where bungalows are double the value of what my house is but a ground floor flat would be approximately the same and have no further savings to put towards a…
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To switch onto new fixed rate or not?
Hi all I am just over a year into a 2 year HSBC fixed rate mortgage at 2.99%, my ERC at the moment stands at £502 Monthly mortgage payments are £322, I am debating whether to switch mortgages early as rates can only go up? HSBC are offering a 2.49% fixed rate on 70% LTV at £307 a month without fees so if I factor in the…
