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Can mortgage providers ask about pregnancy/family planning?
Hi, Been lurking on here for a while and decided to finally post something. I am currently buying a flat and have gone through a mortgage application with Halifax successfully :j Just wondering, I was repeatedly asked (I mean, every 10 minutes throughout a 2 hour phone interview) if I was planning to get pregnant, when I…
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Virgin Money issues and unfair valuation
Hi all I had a DIP from Virgin a few weeks ago and made a full application through a broker two weeks ago. I called them part way through as I could not get hold of the broker to ask if there was anything they needed. I was asked a couple of questions and then told that the valuation would take place the following week,…
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Rejected Santander Mortgage - Urgent Help Please!!
Urgent Help/Advice Sought Please!!! Santander Mortgage Application rejected by underwriter… Hi everybody, I wondered if anybody could give someadvice/guidance into the current mortgage application as we have today heardthat our mortgage application has been rejected by the underwriter and now don’tknow what we can do, we…
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Unprepared, offer accepted on mine, need a Morg ASAP!!
Had an offer on my house, accepted, but wants to be in ASAP, so need to be quick, got nothing prepared... So what's best Morg at moment? With Halifax at moment, probably not best rates expect. Not locked in or anything and able to move it. Will probably be less than the 70% LTV with sale and some deposit. So any help…
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How will this work?
Our fixed period on our current mortgage is coming to an end soon so we're looking to remortgage as the SVR is really high. My issue is in the next 12 months or so we're hoping to buy a new place, so will be looking to borrow more, does that mean we'll have to have 2 mortgages? Assuming they would be on different rates etc…
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Would you fix for 5 years?
We have just moved house but the majority of our mortgage was ported as it is a discounted product that ends in November when we will revert to 3.99%. Our broker has found us a new product - a 5 year fixed at 2.99%. I have found better 2 year fixed products but this seems a very good deal for 5 years. We will have a small…
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Mortgages and how to buy new house-not sold ours
My husband and I currently own a house worth £130000 and we have £38000 left on the mortgage as we've made significant overpayments over the 8 years that we've lived here (at least £85000 of equity depending on what house sells for). Our house is on the market as of today, but we've just seen the house that we really would…
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Mortgage on one house - can this help me buy another?
Hi all, I have a shared mortgage on my mums house - I don't live there any more, I rent, but I'd like to buy a place to live by myself. Do I need to obtain a 40% deposit to do this? Or could I use collateral on my other house to make purchase possible? I have a 10-20% deposit saved... Any help much appreciated.
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Re-mortage - additional boworring
Hi, We are currently looking to re-mortage to take some capital out of our home. The house has been valued at £280k and we have £220k left on the mortage (78%). We are looking for an additional £25k for a home extension. Our current mortage is with Halifax, but they have an cap of 80% LTV when taking out additional…
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first time buyer advice
Hello, Very new to this sort of thing but wanted to plan in advance. Sorry if this post is in the wrong section. I was hoping to maybe get a mortgage late next year (2015) for a apartment worth around £130k. I currently have savings in the region of £15k for a deposit but will rise by time i plan on getting one. I am only…
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Mortgage surveyor coming tomorrow - what do I need to do?
As the title says really - we're remortgaging and the surveyor is coming tomorrow. What do I need to do to prepare the flat? Are things like doing a good tidy-up / clean worth it, or should a surveyor be seeing beyond that and looking mainly at the bricks and mortar? We're remortgaging as buy-to-let (due to rent out in the…
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self employed mortgages
Hi, I'm self employed, single looking to get small mortgage (£25k) to buy a flat. Been declined by current mortgage provider, any ideas where to go next? SA302s show under £10k btw.
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Preparing for mortgage application and more
I'm currently paying my debt off and have a long way to go. Once it's gone, we will be selling our current house and looking to buy somewhere with a bit of land. This means getting a bigger mortgage than we already have. I've done a forcast and calculated what we will get v what we need and the 2 match up. Currently I have…
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UlsterBank NI negative equity & options?
I have read about negative equity mortgages and support equity schemes offered by other banks and lenders. Ulster Bank in South of Ireland also appear to offer negative equity mortgages for those who wish to move. Has anyone had any success with this type of mortgage/scheme with Ulster Bank in Northern Ireland? Thanks.
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Buy to let.
My parents are transferring me my late Grandmas house whichis currently rented out at £560 a month and is mortgage free. Once the property has been in my name for sixmonths I will be getting a buy to let re-mortgage of 70K (the house is worth150k) and be using this money as a deposit for buying my own property. The budget…
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what will happen when my fixed mortgage deal ends?
Currently I am on a 2yr fixed deal with Halifax. I now have a daughter and by the time we need to reassess my mortgage will have a lower personal income and childcare costs. My husband has a slightly higher income than before. My question is with the new legislation if we transfer to a new fixed rate with halifax will they…
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Self Build - Prefab - First Time Buyer
Hi All, Hopefully going to complete on some land later this year locally to me, it's roughly 1 acre. My partner pays out nearly £300-350 a month on the livery of her horse so we thought buying land is cheaper. The land will be bought cash outright at £15k. It's next to a new development, well new around 5 years ago, they…
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Try now or wait few months..
Hi Key metrics... * Approx £240,000 in equity in our flat (can be used fully for deposit) * Approx £15,000 savings * Income of £100,000, £130,000 including bonus * Desired purchase price of £750-800k * Clean credit histories, I have a car on PCP for £285pcm, and £5k of 0% CC (which I can clear if needed) * If we wait until…
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Equity release question (how to define current value of property)
Hi, I'm thinking to release equities on my current property to purchase a buy-to-let property. When I went to the bank they asked me what the current value of my property is and based on that they agreed (in principle): 1) the maximum amount they are willing to lend me 2) the LTV (which I guess will determine the interest…
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Re Mortgage questions
We own our house outright and its worth around £250 - 300k , we have no other debt and have a joint income of around £25k pa . We also have at least £150k in accessible funds which we don't want to touch . We want to take out a mortgage on our property and buy another house with the money passed to us on the re mortgage -…
