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Can we rent our current house? And buy again
Current house on the market and not been much interest, we have found somewhere we like in a different area and need to move for work relocation. Current lender has said they will give consent to let on current house. What sort of deposit do lenders normally require to get a 2nd mortgage on a 2nd property? Joint salary of…
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London & Country
This is a warning not to use this firm as a mortgage broker. Once they have your business they do not reply to calls or emails and their phones go straight to answerphone. I have 3 contacts here and today I have been trying to get in touch and all 3 have gone straight to answerphones and not returned calls. We are supposed…
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Debt prior to FTB Mortgage - please help?
Hello, Please can someone advise me of the best thing to do in relation to my debt prior to a mortgage application? And if its likely we will be approved? Debt: Credit card balance of £4700 Overdraft of £1000 Unsecured loan of approx. £3500 with 2 years left to completion (Total Debt £9200) I currently pay £250 off my…
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Right to buy mortgage bad credit/good credit deposit??
Hi all just wanting a bit if advice really me and my partner are wanting to buy our council property hopefully within the next 12 months and need to know a few things if anyone could help us out it would be greatly appreciated thanks Right firstly I have some bad credit defaults although I have some good credit too, they…
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Solicitor 3rd Party Fee's
Hi, Just wondering if there any experts out there who could possibly shed light into what 3rd Party Fee's are essential for solicitors to charge for. Bit of back story: we got a letter from our solicitors with all the information we needed to fill in and send back. However, I noticed that the charges hadn't been calculated…
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Can we buy after a repossession and a CCJ?
Hello. This is the first time I've posted on a forum. We currently rent and are paying £1200 a month which to me is dead money. My partner handed his keys back to his house just over 3 years ago after splitting up with his previous partner. At the time we had only just met and we wasn't in a position to pay off mortgage…
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My Daughter Wants a House.
My daughter and her husband live in rented accommodation and are looking to buy their first home. They are both in their 20’s and have been in ‘secure’ employment for several years. They have a combined income of about £70k p.a. They could probably raise a deposit of approx £50k. (depends how generous ‘Bank of Dad’ is…
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Mortgage Approved, Guidance Needed
Thanks for taking the time to look at this thread, it is appreciated as my partner and I are getting quite confused about the process. We had the offer provisionally accepted last week and then became dependant upon the valuation which has come out well above what we are paying. The survey (home buyers report) came out…
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First Time Buyer - FTC
Hi all Would really appreciate any advices anyone can give on the below: Myself and my girlfriend are looking to buy our first house together but have run into a bit of a stumbling block. the house we want to buy is £225,000 We have a deposit of up to £40,000 but want to ideally use £35,000 plus the possibility of using…
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Halifax - again!
I apologise once again for my ranting post but seriously I am at the end of my tether I have no idea what to do! to cut a very long story short (again!) Started the process for transfer of equity back in end of may/beginning of April - I'm coming off the mortgage, ex to remain. Paid all the fees, solicitor has done…
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Electronic Transfer Fee
Hi, so we have just received our completion statement for our remortgage :D but they have charged us an electronic fee transfer for sending the surplus money by cheque. When I've questioned them about this they've said it falls under electronic transfer, am I right in thinking it definitely doesn't?
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mortgage offer, matrrnity leave and returning to work
Hi I am currently on maternity leave and we received our mortgage offer last week. I am due back to work in ten weeks and in two weeks I have to inform my employer of my intentions for returning to work. Before my lo was born I planned to return full time but now he's here I don't want to miss out and would like to return…
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This is what I have - advice on what I can borrow please.
Hello, I'm in a semi-unusual situation. My Mother died a couple of years ago and I now wish (as a first time buyer) to buy a house with my wife, step-dad and little brother (5 years old) to all live together. In an ideal world we would buy a 3 bedroom house around New Malden for under £500k to avoid the higher stamp duty…
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help to buy
Hi guys In regards to help to buy scheme I have some questions. A) are they only available on new builds? B) could I put a higher deposit than 5 percent? And would the govt still give us a loan for 20 percent? C) is government loan interest free? When does it need to be paid off.
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Dad selling his house and claiming housing benefit for alternative accommodation.
My Dad has a mortgage but lost his job and became sick, and could not keep up the payments. I took over the payments with the house and mortgage still in his name. I do not live with him by the way. He moved out, and lived temporarily in a care home, and now he is in some other accommodation for which he needs to claim…
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Mortgage Exit Fee on Bridging Loan
Evening all, Just after a bit of advice. My partner and her sister recently took out a bridging loan to carry our major refurbishment works on a house that they inherited. As the house was in such a poor state, they could only take out a bridging loan because the house was completely unmortgageable and no company would…
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Getting a mortgage when pregnant
We have been looking for a while and we have seen mortgage advisors but haven't found anything we like. We really want to start trying for a family but we were wondering what kind of effect this will have on how much we can borrow or if we could get a mortgage at all with the new rules. Could anyone give me an idea of the…
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Transfer of Equity
Evening all. Situation: house currently mortgaged in DH name only. 13 yrs 6 mths left to run, currently on SVR which is horrible, I know. Looking to make it a joint mortgage (I've lived here for the last 11yrs 6mths too) and the BS say to do so is via a Transfer of Equity. I understand this, so far. We have to use a…
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Is it possible to get a mortgage on-line?
Hi all, I have a current mortgage with HSBC. Originally taken out as fixed with the fix expiring last year. I then went onto a variable rate (3.94%) - which was cheaper than my fix. After a lot of calculating and paying a lump sum off at the weekend, we're looking to move to another fixed rate with HSBC. We were looking to…
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Sensible Mortgage Lending
Hi new to this forum as I'm really confused and need some answers, I applied for a Mortgage today and the decision was deferred based on Nationwide wanting to see payslips and Bank Statements, The confusing part is that they offered £230,000 (max) over 25 years but i wanted not even half of that amount and they offered to…
