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Yorkshire bank failed to link savings accounts in offset mortgage
Good evening all, I'm new here so apologies if I do anything contrary to etiquette. I received a letter from!Yorkshire!Bank!outlining that my Offset mortgage account that has some savings in it has no!linked accounts!meaning it wasn't offsetting any interest whatsoever since taking the mortgage over 3 years ago. I must…
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mortgage and title deeds
Hi My wife applied for a mortgage in her own name with Barclays and got accepted for around 50k. The rest will be made up by savings and gifts. I am unemployed since 5/9/14. Our solicitor has been in touch and stated that as I am not on the mortgage then the title deeds can only be in my wife's name. Is this true? Is there…
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Mortgage & Solar Panels
Hi all, First post, please be nice! :-) I'm currently in the process of purchasing a house that has 'rent a roof' solar panels installed. Our mortgage provider has stated that the lease on the panels must comply with the CML guidance for this sort of thing. In reviewing the lease the solicitor has come up with a couple of…
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Overpaying mortgage?
Hi all Would it be better to: Make overpayments on my mortgage Or Save the money up until the end of the mortgage term and use it to lower the ltv of my next mortgage? Would I be right in saying the 2nd option would mean all the money would go to paying off the capital of the mortgage whereas the 1st option would be paying…
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New Mortgage New Job Catch 22 help please
We have had a mortgage with Santander for over 12 years making payments each month without any problems. My wife who is the major bread winner has the mortgage in her name. She will be starting a new job next month with a national organisation and has the job offer and terms of employment confirmed. We will need to move as…
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what happens after contract exchanged?
Buying a new house from a famous developer. During the buying process I was allowed unrestricted access to the house, I'd just drop in and borrow the keys, have a look at the house then give the keys back. At that point they didn't even ask my name, it could be a thief, a vandal etc, they just trusted me..I did this over 5…
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Small Mortgage For Council Property - £35,000
Hi, looking for some advice about a small mortgage. I'm planning on buying my council flat through the right to buy scheme, which with discount comes to around £35,000. I don't know much about mortgages and google hasn't really been too helpful, I'm under the impression that this amount might be too small a for a mortgage…
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taking a longer mortgage then remortgaging shorter term?
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Cant see a light at the end of the tunnel
I currently earn £20300 pa and i have 4 defaults against my name, all are settled but still on my file, there due to be cleared off by July 2015. On my current earnings and with £7000 in savings by july i dont think il get a mortgage high enough to afford to buy a house. Ive just used an online calculator from my bank and…
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PPI claim - how far back can we claim?
Does anyone know how far back you can make a claim? I had a loan with Halifax and was made redundant so I paid the loan off with my redundancy money. I then found out a week or so later I had insurance so I went into bank and was told you hae cleared the loan so too late. That was 22 years ago...............is it too old?
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Ditch the Fix or Reneg?
Hello, I'm thinkign of "Ditching my Fix" on a 5 year mortgage. I'm 2 years in at a rate of 4.89%. Despite the costs (ERC and legal etc) I am still looking to be up to £3-£4k better off over the remaining 3 years (depending on new rate). Question: Has anyone had any luck in re-negotiating with mortgage lenders halfway…
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Getting money out of my property (not an pensioner)
Hi - my mortgage is worth around £255k. My property is now worth around £380k. I am wondering if it's possible - for reasonable reasons (a lot of thought is going into this) - to release some of the equity in my property and raise circa £30k. Is this even possible? Without selling the property? I am 41 and most of the…
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First time buyer with mis-payments
I am a first time buyer, finalising a mortgage for a 40% (100k) share of 250k flat which has 125 lease left, all inclusive monthly rent is £395.00 We have 10 -15% deposit. Total annual earnings 50k (both permanent & full time). We have 2 children live in rented property for last 5 years. My Experian credit score is 906 &…
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Consolidating Nationwide mortgages
I currently have 3 separate Nationwide mortgages 1 fixed and two trackers, all at pretty competitive rates - 2.5% - 3%. Is it worth me finding out if I can make savings my consolidating all 3?
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Mis-sold Mortgage interest
We were mis-sold a £30,000 mortgage and want to know if we can claim the interest back that the Building Society charged us during the term of that mortgage.
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Mortgage Application Progressing - When to apply for joint account?
Our IFA submitted our MIP (DIP accepted) and full application to Nationwide last week along with their initial additional documentation requests. As part of the application it asked for the bank account details used to repay the mortgage, which without the joint account set up, we used mine. The valuation has been…
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Do mortgage lenders have access to credit files?
Or do they just receive a report suitable from their needs from the credit files??
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A second mortgage query
Hello I'm new to this site so hope I get it right :) I bought a house 7 years ago with my then partner. Unfortunately after a couple of months we parted company. As we have a son together I moved out and all monies I put into the property I left to her. She is now married plus my son is 10 years old but I am still on the…
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Advice
Hi All I'm currently looking to apply for a mortgage in the next couple of months. I would like some advice on what would be best option. I am saving for a deposit at the moment and will probably have around £9k-£10k deposit. I currently have 2 credit card's 1 with a small balance and one with no balance at all. Other half…
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Help to buy query
Hi, We are looking at buying our first home together, both first time buyers with a deposit of £40k. The property we are looking at is a new build worth £230k. So we are looking at a mortgage of £190k, a LTV of 82.61% However we are looking to take advantage of the help to buy scheme, which at 20% would be £46k, would this…
