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Santander Help to Buy House not Flat complaint.
Hi Guys, New to forums and after some advice on how to further a complaint against Santander after a complete Mortgage offer FAIL on their behalf. I applied for a Help to Buy 5% deposit mortgage in April with Santander. The house we initially were going to buy fell through due to a problem uncovered during the searches.…
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Joint Mortgage Application
My Situation I am looking to buy a house in the near future as a first time buyer, looking at either doing a joint or sole mortgage application. If I were to do a joint application is there a way I can protect myself should my partner and I split up? I would be providing all the deposit for the mortgage as my partner is…
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Income / Mortgage Ratios
A friend of mine recently picked up a £350k mortgage (not a first time buyer) at around 8 times his income... much more than the usual 4-4.5 times I'm told I can get as a first time buyer. He says a broker got it for him and although it's not a bargain interest rate he's able to make the payments, pay for his bills/usual…
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Buying out
Hi can someone explain buying someone out of the mortgage. My wife asked for a divorce about a month after we bought our dream house. I have said that in the settlement I will pay the mortgage in lieu of child support and that when she meets someone and they move in we will sell the house and her response was or they can…
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First Time Mortgage Advice
Hi All, Just wondering if someone could offer some advice. Me and my partner our hoping to apply for a mortgage within the next few months. However we are both still paying off our student overdrafts. I have about £400 left to pay and my parter has around £1000. We pay of our credit cards in full at the end of each…
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Deed of Postponement
I currently have a mortgage and secured loan. To consolidate debts we are taking out additional borrowing with our mortgage lender. The secured loan is with someone else. I've been told to complete the Deed of Postponement for a remortgage, but we are not remortgaging this is a seperate product. Does anyone have experience…
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buy a farm with the inlaws/ mortgage advice
we are thinking about buy a farm with the inlaws we both have houses for sale how would a mortgage work do we get a joint mortgage ?
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Anyone help with FIRSTBUY remortgage?
Hi, I am new and hope somebody can offer some advice. 3 years ago myself and my husband took out a mortgage under the FirstBuy scheme. Property price = £140,000 Deposit paid = £7,000 Equity loan = £28,000 (20% of market value), (the house next door which is identical has just sold for £140,000 so presuming loan value is…
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Age question
Hi. I'm divorced and need to move to a smaller property. I should have quite a large deposit and would only have to borrow about £40,000. However I'm now 55 and at the moment my income is not that great. Does anyone know if there are any lenders out there who will let you have a mortgage till you're over 70 as the monthly…
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Buy to let question?
At present i own a house out right, there's no mortgage on it at all. I currently share the house with an old friend who pays me £350 per month, due to some health issues etc i've decided i need a change of life style so i'm thinking about buying a winterised static caravan on a residential site thats just over an hours…
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Borrowing more on the mortgage
Hi I'm currently 2 years into a 5 year fixed mortgage and I'm wanting to borrow an extra 50,000 to add an extension to the property. I will also be using 50,000 of my own savings and expect the property value to go up by 150,000 which would bring my ltv to around 40% My question is what's my best course of action? Do I…
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Picture - Webb - Idem
Hello all. Just looking for comments/advice here. I took out a secured loan with Picture in 2006, for about £29k. The loan transferred to Webb a few years ago, and Webb have just sold it to Idem. I now owe around £25k. Monthly payment is £277, I have some arrears of £201 which I will clear soon. Does anyone know why Webb…
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New rules clarification
Hi all, Looking to move house and have a £97k o/s balance with Platform on an original house purchase price of £120k. Looking at a house to buy £135k and will have £45k deposit - 66% LTV. So looking at a £90k mortgage. I noticed my Platform paperwork said the product was portable and phoned them up. They said since the new…
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Mortgage offer expires 31st Aug
Hello Our buyers mortgage product expires 31st Aug but further up the chain said they can't/won't move until the 5th Aug. We can move anytime. I have stressed to the solicitor that the move has to happen before the 31st but so far up the chain is refusing to budge. Any advice on anything else I can do? Thank You
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Mortgage advice needed for house move
Hello, We have sold our current property (STC) and are now looking for a larger family home. We have had to revise our initial budget (which was 200k based on a decision in principle back in February) owing to the change in mortgage criteria and the amount we can now lend (140K + 30K equity). We have a personal loan which…
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nationwide mortgage app
Just after an opinion on nationwide mortgage apps. We were going with leeds however were faced with an under valuation. We are now going with nationwide an wondered how others experiences had gone. Our htb expires on 31/8 so hoping it goes through quickly an easily as had nothing but issues with leeds.
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Advice on mortgage for after we sell our property
Hi, We are putting our house on the market in the next month hopefully. We are hoping to sell for £110k, and we have paid off £60k off the mortgage. To buy the next house, do we need a deposit again? Or will the mortgage being paid off count instead?
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Mortgage on part ownership?
Hi there, I'm about to be transferred 40% of the family home for ongoing family living etc. and wanted to know if I'm able to take out a loan / mortgage against just the 40% I own to fund work on the house and future investments... Any thoughts appreciated. Cheers.
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Halifax Mortgage Overpayment
I went into a branch yesterday in order to make a lump sum overpayment to reduce the term. They told me that they could transfer the funds into my mortgage account but due to new regulations I'd have to call mortgage services in order to reduce the term. I phoned mortgage services today and they said they'd have to go…
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Mortgage Valuations
How are people finding the valuations at present as I'm hearing growing things re lenders down valuing properties against estate agent / sale prices?
