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2nd mortgage help, or best options
Hi, wonder if anyone could offer me some advice on getting a new mortgage when already owning a property, and how affordability work in this instance or is there a better option? I'll try to keep to the facts Husband earns -£70k plus £20k overtime (started job 1 year ago) Me - just had baby so not working at mo Debt - cars…
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Documents for Anti Money Laundering Regulations
Are there alternative documents you can use for proof of address? All our utilities are managed online so whilst I can supply copy documents they aren't originals so to speak.
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Yorkshire/Clydesdale Mortgage
Hi, Do these bank show your mortgage account in online banking and update it with every payment received? I know santander doesn't unless it's offset.
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PIF Form Turnaround Time?
Looking to get my Authority to Proceed (ATP) document ASAP...any idea what the turn around time is?...
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Applying for Nationwide bank account + mortgage at the same time
I'm thinking of applying for a 70% LTV mortgage from Nationwide, but the best rate I can get is conditioned on having a current account with them (which I don't at the moment). Obviously, applying for a new current account will have an effect on my credit rating, but was wandering if applying in branch at the same time for…
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Help rbs ripped me off!
I am looking for advice. 2 months ago I got a mortgage from rbs for £40000 with a £2000 deposit. I was accepted which I was delighted with. The house was valued at £50000 so I asked for £6000 extra for home improvements. The mortgage advicer told me I would hav to apply for a seperate personal loan for this then merge it…
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Valuation appeal - how long?
Hi all, I'm trying to buy a two bedroom flat (Birmingham city centre) and my valuation report came back lower than I was expecting, compared to all of the other two bedroom flats in the area which were a similar, if not higher price than the offer I made. I appealed my valuation (a basic one) with Halifax two weeks ago -…
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Getting a mortgage as a company shareholder
Any help would be much appreciated here! I need some clarification as we have been given conflicting information from our mortgage advisor and our accountant. I am a 25% shareholder of our business and have an employed part time job elsewhere , the earnings for which are below the tax threshold. My other half is the MD of…
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Mortgage application
I am looking to apply for a mortgage in the next month due to finding out my new build my girlfriend and I have purchased will be complete in early December. We are providing a £410k deposit on a £560k property. I have a few questions some of you may be able to help me with. - When they look at your spending in your bank…
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Valuation criteria query for remortgage?
Having the house valued in September as part of the remortgage, and am wondering whether I should rush through with painting the render at the back of the house to make it look more appealing. Anybody know if this is the sort of thing 'Valuers' take into consideration or will I be wasting my time? [FONT="]Many thanks…
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Help to buy deposit
Can I use the Help to Buy equity loan scheme for a new build if I have 10% deposit, or is the equity loan part designed for people with less than 10% deposit? The HtB guide only mentions that you need at least 5% deposit, but not if there is a maximum deposit limit (in terms of % of house value). Many thanks.
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Will a bank refuse a mortgage because they've already lent on that address?
It's a new house development, financial broker has told me I can't apply for a Halifax mortgage because they've already given too many mortgages at that development so they won't lend any more money on that area. He has told us a lot of lies so just trying to figure out if that's another lie or if it's true? Many thanks
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Mortgage on self employed income
Our current mortgage we got when both me and hubby were employed PAYE, since he was made redundant and has gone self employed - he has over 2 years accounts and for most of this time he has worked for the same contractor who takes his tax and provides monthly invoices. When we go to apply for the mortgage what physical…
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Home Reversion Plan advice
I am looking for some advice on behalf of my partners aunt. She is 70 years old and owns her house outright, which is worth approximately £200,000. The house needs some repairs carrying out on it and she does not have much disposable income. She has no children and is in remission from cancer. My question is, can she…
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Is it worth switching?
I'm on a 2.49% tracker mortgage (so currently on 2.99%). I've seen I can get a tracker mortgage with the same lender as low as 1.49%. The short question for all you moneysavers out there: is it worth the hassle? Sounds like a no brainer 'Yes' to me, but am I just being greedy, or is there something I haven't considered…
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Applying as self employed for mortgage
We are looking to move house in 2 years time. My husband has a fairly well paid regular job, whereas I am now part time self employed. My question is - my income from year to year fluctuates depending on how much work is around and how much time i am looking after the children. When you apply for a mortgage how do they…
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Mortgage Guarantee
Hi, Does anyone know if you can have a mortgage guaranteed by your parents if they have the equity? Thanks
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L&C's own Mortgages
Has anyone used the brokers L&C own mortgages? They have a 2 year discounted 2.35% at 85% ltv. Was interested to hear from others, I can't find any reviews on their actual mortgage service instead of their brokerage service.
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Re-mortgage experiences Jul 2014
In the spirit of the various forum codes of practise in this area I am not a financial adviser,.. this is not advice. It is just my experiences of re-mortgaging. I am writing them now, because the situation has become much more challenging since the last time I did this before regulatory changes and before the financial…
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Does A Broker Provide A DIP?
I thought only a lender provided a DIP/AIP?...what does it mean if a broker does a credit check on you to supply a DIP? This has been done by NHMH the new homes mortgage helpline...which has come back as "referred" Will other lenders be able to see this?...they don't supply credit I'm asking them to point me in the…
