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Execution-only fixed deal
Hi, Having discussed with a broker and determined that on a 2 year fixed deal, they could only save me around £500 (over the 2 years) on remortgaging, I'm deciding to stay put with my current lender, Britannia. My main reason for doing so is that remortgaging with anyone drops my payment by around £500/month, so getting…
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Does my broker's advice make sense
Hi there I had an appointment with a broker today and it seemed to go well- but I am not 100% sure. I have 2 defaults (registered 2009 and 2011) so I was aware that there would not be that many lenders prepared to look at this. The only lender he talked about was Aldemore- and said he recommended I look at £120 k (on 160K…
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Porting ING Direct to Barclays Direct
Hi everyone I wondered if anyone else has had issues with their porting from ING Direct to Barclays Direct? I rang last weekend to ask to have my passcode reissued as it ripped as I was opening it. She told me that the only way that I could progress was to provide a sort code and account number. All I could say was that I…
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Bad Credit Mortgage?
Hi all, I'm hoping to get a bit of advice. I currently own a maisonette with my husband. We bought the house in 2006, was on a repayment mortgage for a few years, but have been interest free for the last 3-4 years or so. Bit of background. Our house was £160,500, but we borrowed £20k ontop (to pay off existing debt), so…
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Provable Income as a seafarer
I've been told now by two different mortgage advisers that because I don't pay uk tax ( I qualify for Seafarers Foreign Earning Deduction), my income isn't provable for mortgage calculations, despite having payslips and bank account statements. Technically, the income on my payslips is listed as Taxable income but with an…
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Remortgage valuation - will it be enough?
We're approaching the end of our 3-year fixed term with YBS and engaged with a great financial advisor who got the ball rolling on moving to a five-year fixed term with Nationwide. Everything is going swimmingly (and fast!), but we've got a nagging doubt with regards to the valuation. We purchased the house in 2011 for…
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Whats is the wait time before applying for Porting the mortgage
Hi, We recently switched our mortgage from HSBC to Skipton( this month). I wanted to find out what is the normal wait period before i can apply for porting the mortgage to a bigger home? Some say it is 3 months and some say 6 months. Any idea what is the normal waiting time? Thanks crvs
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MSE News: RBS fined £14.5m over mortgage advice
RBS and NatWest fined £14.5m after the Financial Conduct Authority found 'serious failings' in mortgage advice given ... Read the full story: RBS fined £14.5m over mortgage advice Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro…
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Santander Telephone Mortgage Appointment
Hi I am scheduled to have my telephone appointment with Santander and was wondering what they will ask, as I have been advised it may take up to three hours!! Ive read many horror stories, but can anyone let me know generally what they ask you as im starting to panic about a full scale grilling! Thanks
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Aldermore
Has anyone got their offer recently, still waiting here. Applied on 22d july :-(
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University researcher on contract
If anyone could shed any light on this I'd be really grateful. I'm about to start work as a university researcher, full time, possibly on a 2 year contract. DH is permanently employed, full time. Prior to this post I have not been working (just finished PhD). Could anyone give me an indication of which lenders have the…
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Overpayments waste of time/money???
Hi i am currently in a 2 year fixed deal with nationwide and have been making the allowed £500 overpayment every month to reduce the term. I have just realised this is possibly a big mistake I have made because I am planning on remortgaging when this deal is up but have to go to another lender, because nationwide do not do…
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Help To Buy Nationwide Mistake?
Hi All, Wondering if you can help with a quandary. Here's the situation in a nutshell: + Was buying a new home with help to buy equity loan + Ended up pulling out due to severe building delays + Found a different home, built in the 70's + Called Nationwide and got a decision in principle for mortgage alongside the help to…
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Skipton Underwriting Process
Hey everyone, I was just wondering if anybody has dealt with Skipton recently? Or know how strict or lenient their underwriters are? Me and my partner are currently at the underwriter stage now. We had our decision in principle accepted around 4 weeks ago, and we went to pay for the deposit on the house (it is a new…
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Mortgage application/credit help please
1st post here so hello everyone,I'm in need of some advice,maybe from others who have been in the same situation or those involved in the mortgage application procedure? I'm in the process of buying my 1st home with my girlfriend (making the full application tomorrow) and have received a mortgage in principle already,we've…
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Santander/Abbey mortgage declaration help
Hi me and my partner are first time buyers so far so good we've found the house, our offer has been accepted now comes the paperwork unfortunately i have a lack of understanding what exactly i am signing or the fees of the process. I have my mortgage declaration and it is asking me for a type of valuation, valuation for…
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lease your roof solar panels
I have tried to get a mortgage on my parents house who have signed a 25 year lease with a rent a roof solar panela . has anybody else had same problem?
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2 or 5 year fix?
Which do you think is a better option for a first time buyer with a 15% deposit? I'm not sure whether the rates are likely to go up enough to justify a 5 year fix in 2 years. Would it be better to fix for 2 years and try to remortgage after that? Is it even possible to mortgage after 2 years? I've been looking for the best…
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Unit linked endowment Hambro Gardian
Hi Have an endowment with the above which is due to pay out 30,000 in 3 years time. When we took the endowment out we were not married so where recommended to take a policy out each so 2 policy's for £15,000 each. I asked for a surrender value this month and both together would payout just over £27,000 now I think I am…
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Woolwich rate change ??
Hi, We got our mortgage offer from Woolwich on the 7th Aug the rate is 3.39% 5 year fix. I have just seen today that the rate on that deal is now 3.09%. We have not exchanged yet ( hopefully this week ). If i ask will woolwich allow us to change to the new rate or is it a massive pain that will hold things up ? It would…
