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when is santander mortgage interest calculated?
FTB. I have recently taken a mortgage with Santander, 5 year fixed, product number K930H which is not available online anymore. I was reading up online about making overpayments and it mentioned that I need to know how the mortgage interest is calculated (monthly, annually etc) and on what date exactly it is calculated so…
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Any experience with Nottingham or Coventry Building societies for mortgages
Hi We have just been to a Broker who has recommended deals with both Nottingham and Coventry which seem great. I haven't really heard about them or dealt with them before and when looking for reviews online only found old reviews from before 2010. I just wondered if anyone had any experience with them. Thanks
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mortage advice and stress releif!
Ive had my mortage in principal from L&C and the guy im dealing with has been great. Had an offer accepted for a house at £245k (£5k over asking). So now going through the formal application after my broker found a mortage with santander. Ive had to send my passport and bank statements to prove who i am as i couldnt be…
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Re-mortgage advice please
Hi Talk of interest rate rises this morning has prompted me to ask for your views on my mortgage situation please. My partner and I are currently on NRAM svr (4.79% I think). Our outstanding mortgage is £162k and our property is probably worth £185k. We are making interest only payments just now (no flaming please) but can…
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miss sold commercial mortgage
Hi, in the early 1980's I took out a pension linked mortgage on a commercial property the mortgage reached full term 4 years ago and there was a large short full, on my predicted balance, I was advised that there was a good case for compensation however when I enquired about compensation (FSA) I was basically told the…
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First-Time Buyer & Credit Score
Hello all. New to the forum and have a question about credit score in the context of mortgages. I'm a soon-to-be first-time buyer, in my early 30s, recently married, and have approximately $6K in credit card debt that I've held on two cards for just under a year. I've cycled payments and purchases on both cards but they…
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Mortgage renewal and debt consolidation
Hi, our mortgage rate comes to an end in November this year and since we took it out we have accrued 2 loans which expire in 4 and 5 years respectively. Has anyone ever loaded their mortgage with loan debt to ease the strain? My initial feeling is that whilst this may seem like a good idea in the short term, freeing up…
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Is it worth appealing when mortgage declined?
I had a mortgage application declined today with Barclays Bank having spent 40 minutes on the phone making the application, for the computer to say NO. Is it worth me appealing to see if a human being can assess the real risk and overturn the decision?? I was turned down due to my credit score - defaults from 2 years ago…
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First time buyer advice
Hi, new to the forum. Although myself and partner aren't looking to buy until next summer i wanted to post to get peoples opinions about the plan we have in place to buy our first home. We've set our goal at a purchase price of £200,000, with a LTV of 80% to keep the interest rate down. So would be borrowing £160,000. The…
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Fixed Term Employment and Mortgage
Hello, I'm hoping someone may be able to help with a query regarding fixed term contracts and mortgage eligibility criteria. My partner and I are looking to complete a joint application as first time buyers. I am in the second month of a 12 month full time fixed term contract with my current employer (10 - 11 months…
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Mortgage advice please
Hi all, Just want a few opinions please. Up until very recently I have been expecting to buy as a couple, but this has now changed and I will be buying (if it's possible) alone (all the research I have done has been as a joint application). Will my circumstances realistically allow me to get a mortgage? And if so what…
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mortgage payments starting before house is built
Recently put a deposit down on a new house and have all the mortgage stuff going through. Today i receive my mortgage offer and i notice that my first payment is going to be taken on the 1st of every month starting September 2014, however the house isn't due to be completed until November. Is this normal? seems abit weird…
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Applying for mortgage. Anti-money laundering entry on credit report- what on earth???
Hi. Applying for a mortgage so I have been looking through my credit report from Noodle and under the 'search history' section of the report there are 9 Antin-money laundering entries all from Corals bookmakers. Obviously concerned about this so I rang them up and they said i tried opening an account with them although…
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Anti-money laundering entry on my credit report.
Hi. Applying for a mortgage so I have been looking through my credit report from Noodle and under the 'search history' section of the report there are 9 Anti-money laundering entries all from Corals bookmakers. Obviously concerned about this so I rang them up and they said i tried opening an account with them although…
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Mortgage- Any Chance?
Hello, Hoping someone can offer some help. I have had some debt problems in the past which I have consolidated and am now paying off two consolidation loans...one in my mother's name and one in my own name. Loan in my name: £6300 remaining Loan in Mum's name: £5200 remaining Total loan repayments £331 per month Total…
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Re mortgaging after fix rate into joint names ,
Hi this is a while off yet but just thought gives us chance to rectify any problems, with advise from here .. So here goes Bought our house I'm just my name in April this year used halifax, it's on 2 year fixed rate . Plan is to re mortgage in joint names when fixed rate comes to end. Reason house in in my name only due to…
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Post Office Mortgage - First Payment
I'm confused by my first mortgage payment. Do you have to pay in advance as I was under the impression that mortgage payments were calculated in arrears... Thanks!
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Mortgage with 'fair' credit
I am currently applying for a mortgage and have a deposit of 46% of the property value. I am self employed and have 5 years books available via my accountant. My business turns over 300k per annum and I pay myself 4k per month as a mixture of salary and dividend. My credit score on equifax and experian is fair and on the…
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Mortgage with DLA
My daughter is on DLA due to a degenerative condition (medicals to say she will never work again) and has applied with her partner for a mortgage - but lenders say that must have a letter from Benefits saying the benefit is for life which the benefits people tell us they can't do this under the new regulation - does anyone…
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Mortgage application with excellent credit rating but.......
I am just about to apply for a joint mortgage with my husband for a relatively small amount (£70k) I have an excellent credit rating, no debts and a good capital (in my name) We both earn a good income. My husband also has a good capital. However, due to holidays and car crisis over the last couple of months I have dipped…
