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Underwriters opening hours
Hi After our advisor spectacularly cocked up our application after spelling my surname wrong the mortgage was offered but to the wrong name. The mortgage then had to be sent back to the underwriters to alter the name (without an E on the end) literally one extra letter :/ anyway we still haven't heard back from them and…
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Changes to Affordability using ONS (Santander)
Soooo fed up! We are in process of trying to buy a shared ownership property. We have put offer in, had an agreement in principle from santander after our 1st meeting. (We were told that you now have to have it in 2 parts since April this year!) We had to cancel 2nd meeting that was scheduled for 22nd July due to not…
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Part Exchange Experiance?
Hi we are looking toward the end of the year to apply for mortgages etc, and have found a broker who we will use then but Im looking for experiances of part exhcnages and what type of money you come out with? we have a house on the market and if t doesnt sell will look to part exchange it so far we like the builders…
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Mortgage without permanent residence
Hi I am a non-EU member married with an EU member; We have been living in the UK for more than 6 years and I've been working on an EU family visa EEA2 which expires in 3 months. I've automatically qualified for ILR however our documentation is currently with the Home Office as were wait for my permanent residence card…
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Confusion over broker fee waiver
My partner and I have very recently purchased a house WE arranged the mortgage through a broker, who told us his fee was £200 for arranging it. He helpfully asked if we would like him to look for life insurance aand we said yes, please get quotes. He found quotes through legal and general and began setup, however later we…
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Shared Equity Remortgage
Hi, I bought my flat in Dec 2012 for £99,999 and paid £5000 deposit and the developer gave me a shared equity loan for £15000 (15%) which I need to pay back within 10 years. Therefore I have a mortgage with Halifax for £80k or 80%LTV On 1st Sept I can look to swap my deal with my current mortgage provider, however I am…
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Advice sought on remortgage
Hello. With TSB. Five year fixed rate of 6.69% coming to an end on 31/8. The rate it will revert to will be 2.50% automatically. There are two offers available: 2 Year Fixed 2.97% then 3.99% HVR 3% until 31/10/2015, then 1% until 31/10/2016 4 Year Fixed 3.59% then 3.99% HVR 4% until 31/10/2015, then 3% until 31/10/2017,…
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Buy to let
I have s question for buy to let, my mum wants to buy a 2nd home to rent (as an early pension). However she is 51, basically can she have a 25 year BTL mortgage on the 2nd property or will she only get the term until 68? Mortgage works state max age at application is 70 and the term is from 5-35 years?!
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Nationwide
I am so grumpy with Nationwide! We are in the process of buying a house and they are delaying us. Our mortgage was slightly complicated by the fact that we were in the middle of a re-mortgage to fix in for 5 years when we decided and, subsequently quickly sold and found a new property we wanted. As a result we needed the…
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Help needed for new mortgage
Hi looking for some help me and my husband have decided to get a mortgage again. We haven't had a mortgage for 5 years when we used the mortgage rescue scheme to sell our house( I was on mat leave husband was made redundant) This previous mortgage is still on our credit file as a default, will thus have a big impact on us…
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Protecting Parental Gift for House Purchase
Have searched forum but no definitive answer to my particular circumstances which I would think are fairly common. I wish to gift 30k to my daughter to help with deposit for her first house purchase. Will do Gift Letter to satisfy broker / lender. I understand dying within 7 years tax implications. Daughter is sole…
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Cost of Conveyancing
I've just had an offer on a house accepted, but it is a corporate sale and they have stated they want the sale completed within 28 days!!!! I have a mortgage in principal and the property is worth just over £56,000, and so far the price for conveyance is coming in at around £1282 and guarantee they can do it within 28…
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Engage Credit
Hi, Has anyone had any experiences with Engage Credit? My Mortgage was sold to them in December and I've had nothing but problems with them since (not down to being a bad payer) just wondered if anyone had any feedback on them? Thanks
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Wishful thinking? Idea to get on the property ladder
Hi all, It's my first time on here and wondered if anyone could offer me some advice..... I'll try and explain... My parents are looking to move house. They would be cash buyers. My idea is to get a mortgage on the house with them say for around £50,000. (My parents would then have £50,000 back in their pockets so to…
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Mortgage referal
Hi Just plunging into this for some advice really. Was always planning on looking at houses in the next few years but my dream home has gone on the market and left me in a pickle. We own 1 already with 41500 outstanding and 12,500 2nd charge for an extension. The house we are looking at is 200k and looking to borrow 160k…
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Re-mortgage advice on outgoings
I’ll try to keep this as simple and succinct as possible: Recently got a re-mortgage deal with Lloyds back in April but they wanted to mess about over £5k valuation on the property so I didn’t go through with it. Then applied to Monmouthshire BS but they took a month to come back and say no because I was on maternity…
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Declaration of trust
Can I/we get one after buying a house? (i.e. to say I put in £X deposit that I will get back, the rest will be split 50:50) Thanks
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Valuation then mortgage offer
My valuation of my house has been done (remortgage) as I inherited the house I roughly over estimated the value by £15k going from ltv 57% to ltv of 74%. My broker has said that I now have to change products and to let her know which one and then mortgage offer will be issued. Does this mean that this has been accepted and…
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when do banks reposses?
hey guys Got a friend who's in a pickle. Shes living apart from her husband with he 4 kids. husband has been cheating on her with his girlfriend who are both on drugs etc. Anyways they have a house together. The mortgage payments have been coming out of their joint account for ten years (which shes been paying). but now…
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Co-Ownership (Remortgage/Sell)
Hi I am a first timer owner of an apartment. I went through the Co-Ownership (Northern Ireland) Scheme on a 50/50 bases. The apartment was bought for £60,000 (I got it as a steal) £27,000 Mortgage (10% deposit) £30,000 Co-Ownership I am coming to the end of my two year mortgage term. I had the property valued and the…
