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Urgent advice needed.. Vendor pulled out
We found out today that our seller no longer wants to sell his house! We were so close to exchanging and completion! We have a mortgage offer with the halifax for £112,000 on a property worth £140,000 (deposit of £28,000) What I would like to know is.. What now happens to my mortgage offer? Once we find a new property…
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Selling house and need historic paperwork
Hi, I'm currently selling my house - back in August 2009 I had to have some work done on the house due to storm damage. The buyer wants the paper work and info on the claim. I have not got this as for some reason I must have binned it in error. (Kept the receipt for a bloody lightbulb from the same year but threw out a…
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pay off mortgage with savings or not
Have just under 3 years left, have more than enough savings to pay off mortgage. the interest rate is 2.29% on my tracker which is a interest/part repayment mortgage. with interest cost is £33.00 a month. I am overpaying by approx £250 a month to reduced the lump sum I need to pay when mortgage is up. I have the savings to…
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mortgage application leeds building society
Hi, Myself and my partner have just put our application through using an advisor with leeds it has gone to the underwriters but they keep asking for extra documents on my partner, I have had a mortgage for 8 years and he has lived with me for a year due to having a small baby we need more space, my partner has a poor…
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What shall we do if they reject us?
I have a bad feeling we will be rejected from porting our mortgage over to a new house. We really don't want to loose the house and I am due a baby in 11 weeks. We complete on the one we are selling on Friday. Would it be worth applying again to another company? I am aware multiple applications go against you so we would…
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Adverse credit mortgage lender's
As the title say's really . Due to a checkered credit history which has been in a trust deed but I have since been discharged from 2 year ago , I 'm lookin got try and get a remortgage to buy the other half of a house I own . I have went to see an Independant mortgage whole of market broker last week who say's he will get…
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Natwest - Keeping your mortgage with them. Online Offer
My mortgage is with Natwest. On their website it says that 3.5 months from the end of my mortgage with them I will be able to go online and see what they can offer me. My question is : Will their offer be index linked/based on current estimated house price worth OR shall it be based on the price at its last valuation which…
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self employed - mortgage decline advice please!
hi I am self employed and have 3 years accounts as a sole trader this year I have turned my business into a limited company. I have been working and saving all my life for a home of my own, I'm finally ready to buy with a good deposit so I applied for a mortgage through a broker and he got me a offer in principle with…
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Barclays withdrawing mortgage offer
Hi all, I hope someone might be able to help. We got a mortgage offer from barclays in July following a lot of delays lasting 6 weeks. We were due to complete end of last month so my solicitor requested for funds which were released. Due to issues within chain, we were unable to exchange and complete so funds were returned…
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Mortgage for over 60s
:( Which providers, if any, will give mortgage to a 60 yr old, and what's the longest possible term? I need to remortgage for as much as possible up to £100,000.00 against my home which is valued at approx. £350,000. To complicate matters I am self employed, one of three working directors of a limited company - small…
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Halifax help
Hi everyone, Just after some help regarding our application. We are first time buyers and have an offer accepted,solicitor approved,Aip done, survey and valuation done and accepted by halifax. As you can see were 5 weeks on from our offer accepted and passed halifax's checks with flying colours, credit check passed on A1.…
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Urget help, Complete on Friday. Scaffolding blocking shared Drive
Was after some urgent help. I have exchanged on a house recently and we are due to complete this Friday 10th October. However the neighbour has put up a scaffolding yesterday which blocks half the shared driveway. I wanted to find out the following 1) If we complete on Friday as agreed then does this give the neighbour any…
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Funding circle
I'm looking to buy freehold premises for my established business I will be needing to borrow 50% Ideally, I would like interest only over 15 years as that will bring me to retirement and I can then sell the whole kitten caboodle and re-pay the capital sum if I haven't already managed it. Funding Circle is a possibility,…
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Remortage question
My mortgage is due to end its fixed term in April next year and this is the first time ive had to deal with a remortgage. I wanted to check if I'm looking at this correctly and some advice would be appriated My mortgage by April will be £200000. I bought my house at £267,000 with a 20% deposit. Zoopla says my house is now…
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Confused about mortgage and default
I keep reading people stating that some mortgage providers will consider those with a default but they need to be from a year or two years ago but when does the counting start? Default date or settled date? I want to apply for a joint mortgage (oh has a sparkling credit history) next year, by that time the £81 default will…
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Over 5 weeks and still waiting a decision-what to do if they reject us?
We are trying to port out mortgage over. We need a 87%lt. Its only borrowing 5k more than we already had on the mortgage we've had for 9 years. Santander are being so so slow we're at risk of loosing the house. We were told yesterday its at the underwriters, no today its with the validators andit was going to be decided…
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Additional lending blocked due to second proprty
Hi all, hoping for a bit of advice. I have a residential mortgage with Bank of Ireland at around 75%LTV, I would like to borrow some additional money to fund some rennovation and extension work at home, and after a discussion with the BoI rep was initially told I could borrow up to £50k. Great! This was followed shortly…
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Early Repayment Charge and OP before remortgaging
Hi, I've had this idea and I am not too sure if it would work. I actually doubt it would but I need to ask. We are due to remortgage 2 properties, each with ERC. Can we overpay within the limit the banks accept ie. 10% before the full remortgage so that the balance on completion is lower? Would that mean that they would…
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some advice please
we are currently 1.5 years into a Britannia 5 year fixed deal. When the term ends we would technically have 7 years left but I have been trying to overpay. Anyway, we have been looking at moving to a bigger house and we would need an extra £45-50k to get what we are looking for, I have called Britannia and we would have to…
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Got interest only will they switch me to repayment
hi, would be grateful of advice please i have 280k mort with halifax (house value £750) rang up to get on new fixed rate as mine ended and was faced with their new entire mortgage review. so im currently on interest only. they wanted details on my endowment (i dont have one) so every so worried now that they will now say…
