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Remortgaging - self empolyed :hello:
Hi. Me & my partner will be remortgaging in august, and we want to remortgage with Nationwide. My partner is self empolyed (director of a limited company) and would like to know if anyone knows if we can include the 'directors remuneration' into the salary?! If we add this in then me and my partner will be able to borrow…
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Mortgage application
Hi, I'm looking for a little advice. My partner and I are looking to get a mortgage on a 170k house - we have 15% deposit and are first time buyers. I have checked my credit score and I have a default from 4yrs ago off Next for the amount of £28. I was In between addresses at the time (uni) and when I realised I owed them…
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Flat above shops problems
Hi All, I have made an offer for a flat above a row of shops in a quiet village. The shops include a newsagents, vet, bookmakers, dog groomers & a chinese takeaway. I have used the mortgage adviser affiliated with the selling estate agency for convenience and the hope of obtaining continuity. They recommended Halifax.…
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Pay off debt or save?
Hi everybody, looking for some advice. My husband and I were originally planning to buy a house next year sometime but now, out of the blue my parents have given us a cheque for £20k as a deposit so we can get somewhere sooner. This is a gift, no strings attached. However we're unsure whether to use part of this money to…
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Remortgage
Hi, having tried to research this I am now even more confused : ) I want to get a remortgage (to buy ex partner out) of £150k against a property worth approx £315k. Ideally fixed for 4/5 years. Any good deals out there? Thanks in advance
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End of Mortgage Term.
Hi, We took out a 5 mortgage in July 2009 with C&G. Our first payment was on the 7th July that year. I assumed that the final payment for this term would be 7th June 2014 and we would move onto the SVR. However, I've just spoken with someone at TSB (they took over C&G) and she said our term doesnt end until 31st August.…
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Interest Only Repayment vehicle
I am hoping that someone can help out. I have a IO mortgage with Halifax of £124,000 with 11 years still to go. I am about to sign up for a new deal with Halifax fixing the rate at 4.49% for four years. I don't want to change lenders. If I do nothing, my interest rate will revert to their SVR of 3.99%. I pay £492 pm…
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expensive mortgage
I was chatting (moaning) to my friend about the rising cost of living and how your wage doesn't seem to go very far and she told me she is paying £600 per month mortgage. Seems she took out 87k, 10 years ago with Halifax, I thought this was expensive given the low interest rates at the moment - my mortgage with lloyds is…
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Decision in Principle - mortgage with halifax
Help! I already have a mortgage with Halifax fianc! sold his property we want to buy another house for 165k. I am in process of selling mine for 87. He had 60k from his sale. We have an AiP from the halifax. Stupidly I had a number of wonga loans last year and although they are settled. Would this have be picked up in…
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Postcode Confusion..
Can anyone help me with this current issue as seem to be going round in circles with my Mortgage company.. I bought a new build property a number of years ago however the house seems to have two postcodes, the road is split left and right after entry which possibly explains this... The problem I'm facing is that we have a…
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Porting a mortgage
Hello Since all the mortgage rules have changed, is it possible to move house and keep the same mortgage if the new house is the same price or less? Thanks
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C&G Switch
We have a mortgage which we took out on an Interest only basis in 2007 with C&G, we have been on their SVR of 2% above base for the last few years and have been looking at switching to a new deal. My main concern is when we originally took out the mortgage the sale of our property or a large inheritance I am due were…
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Leek Building Society
Our buyers are using Leek BS. It took 2 weeks for them to check their paperwork and ask for the money for the valuation, (hes self employed). 4 days later they still have not been in contact to arrange a valuation or contacted our EA for our details. Am I being impatient, or are they dragging their heels. Our whole house…
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documents requested which we dont have!
We have had a DIP from Abbey Help to Buy scheme mortgage and everything was going swimmingly. Took our documents in to mortgage advisor who was quite happy. we have now had a conversation with mortgage advisor telling us that we need to supply further documents. That husbands ILR stamp in his passport is not enough and we…
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Does the fear ever get easier to deal with?!
Hi all Last year - looking at purchasing a new build. - 1st mortgage broker was terrible, got declined at AIP stage with main lender. - 2nd mortgage broker better, got accepted AIP with Precise Mortgages. - Ended up pulling out of sale. There are now some new builds being built and once again my partner is champing at the…
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Can I get a mortgage to buy my parents house and they live with me?
Hi, I'm new to this Forum but I am desperate for advice as I keep getting told all sorts by friends and family and I do not know who to believe! my parents mortgage has come to its term still owing £51,000 and they cannot extend it any longer, they are both of pension age now and both want me to have the house, the house…
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Do i have to pay stamp duty on a shop?
Hi All. My Solicitor says i have to pay Stamp duty on a shop i have just purchased for £75000. This for my own business. i will not be letting it out. I was under the impression that the value wasn't high enough. or does this only apply to residential? I have tried the stamp duty calculator for Non Residential at…
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Decision in Principle to Formal Mortgage Offer
Just wondering people's experience - I have managed to secure a DIP from Nationwide for a new mortgage (good news!) - but this isn't a mortgage offer as i won't complete the full application until the sale of my existing house is complete. My question /query is, is there anyway of knowing how likely you are to be accepted…
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Nationwide declined AIP
We applied for a £165k (75% LTV) mortgage on a house priced at £220k using the Help to Buy Equity loan scheme. Our parents have gifted the 5% deposit. Our AIP was referred and went to head office underwriters with supporting documentation, but today it came back declined due to high levels of unsecured debt and they think…
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Right to buy (RTB) mortgage, which bank/broker?
Looking to apply for RTB mortgage. Anyone knows which banks/building societies are more likely to approve the mortgage? Or perhaps it's worth going via a broker? Any reliable brokers in London who specialise in RTB mortgages? My credit rating is good - no CCJ's or missed payments.
