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Accord Mortgage
Good 'evening all Currently on top of my debts and my DFD is about 12 months away (my credit file is shot to pieces) My question is regarding my mortgage. My wife runs this account, and there has been no problems in the 8 years of this account. I am hoping to change the mortgage to a fixed rate from the current SVR. Do you…
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Home Insurance paid monthly before the completion?
Hi, I have just learnt that building insurance is in buyer's responsibility from the date of exchange. So if I apply for home insurance to be paid monthly is that going to show as new credit for the bank offering mortgage before the completion? Are they going to be worried/not happy? Will this change the affordability?…
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Help to Buy - Match Deposit
Hi, My wife and I are trying to buy the flat we are currently renting from the housing association. When we moved in, we signed contracts stating that the housing association would contribute up to £5200 towards our deposit matching our pound for pound. We have now saved £5500 and are wanting to buy our flat. The flat has…
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Halifax underwriting process
hi everyone could anyone tell me if Halifax underwriting is done before valuation or after the property has been valued. kind regards.
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precise mortgages
we got dip from precise but anyone know how long roughly the process is taking?
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Insolvency Insurance
Hi, We are currently in the process of buying our first property. Part of our deposit is a gift from family. We have a the report from our solicitor. It states that we need to take out insolvency indemnity insurance. Is this normal? we have had our offer letter from our mortgage company and it does not state anything about…
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transfer of equity help!
Hi, I have a joint mortgage on a property which my ex... He hasn't lived here for two years and since then also hasn't paid a penny towards the mortgage. I'm trying to get his name off the house and transfer the equity to me. Here is where it gets complicated. We bought the property for £80,000 4 years ago and it's now…
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Nationwide mortgages - process - good lender?
If anyone has any first hand experience of them would be keen to know more. How long after the agreement in principle was it until you moved to the next stage? Is it just three months of pay slips and statements etc or more? And what about credit checks, how many times do they check?
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Overpayments: Term vs Amount
I have seen similar questions to this but they seem to answer the question of a term of say 25 years vs term of 30 years and paying the same amount = no difference, but that is not my question as such. I have a mortgage with RBS and make frequent overpayments via online banking as-and-when. I have just found out that these…
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Will this hurt my offer?
I have a formal offer, and I am due to complete in a few days. I needed car tax, and without thinking, set up a direct debit since I was so impressed that you can do it via direct debit these days...only the next day did it hit me that this was essentially applying for credit, at £17 per month. The first payment would be…
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Buy to let mortgage for airbnb
We are buying a small one bed flat specifically to do airbnb. I would be grateful if anyone could give me any ideas about the best way to go about getting a buy to let mortgage for this and whether there are any specific products that you could recommend. Someone advised not to mention that the BTL mortgage was…
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first time buyer
Hi all, I hope someone can answer my question or give some advice. I have been banking with lloyds for 20+ years and applied for a mortgage with them (had some credit cards and a car loan which had been paid off in full and closed 2 months prior to the applictaion but still have a loan oustanding with them regular payments…
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New Build Mortgage Worry
Hi All I have recently reserved a plot on a new build estate with bellway homes. Bellway recommended the brokers..."new homes mortgages" We rang them and discussed our application over the phone after several conversations within 3 hours we had an agreement in priciple from the Halifax for £200,000. The property is worth…
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Rental mortgages
Hi there guys, I will cut to the chase, I am wanting to get into room rentals, a friend in the area does this, so that legal side I have all the help I need. But I am unsure on how to raise the funds. The property I want is 100K. My personal home is up for re mortgage (if that's the word, out of 2 year fixed term) at the…
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Buying a house with parents - what are the options?
I'm hoping to buy a house or flat in the next six months. My income is not very high (approx £18k) and I could go for a section 106 flat locally and get a mortgage on my own. However I'm thinking more long-term and would like to get a small house with garden if possible. These are all around the £100k-£120k mark, though…
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Can I get a Help to Buy mortgage with 1 default?
Hi, I am renting currently at £650 a month and have rented now for 5 years without missing a payment. I want to buy a house with my daughter, she's 21 and lives with me. Question: I want to buy a cheap house @ £150k, we have 5% between us, so we need a help to buy as our joint income is only £38k. My daughter has a clear…
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First Time Buyer if I bought a house about 20 years ago?
asked this a few months ago and didn't check before posting - mods feel free to delete please!
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Commercial mortgage urgent help needed!
Hi I hope someone can help me here please. I currently own a building which is split into two flats, freehold. I am looking to remortgage the property to release funds. However, this is not proving to be as simple. Because there is commercial premises attached either side (1 being a fast food restaurant) many buy-to-lent…
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New to Mortgages - some information/advice?
Hiya, Firstly, please accept my apologies for my naivety when it comes to mortgages. As you will be able to tell, I am a first time buyer with no experience with mortgages. In approximately 10 months’ time, I want to get myself onto the property ladder. My aim is to buy a small 1 or 2 bedroom apartments in the area I…
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BTL mortgage renewal question
My BTL introductory rate ends soon. When I remortgage/look elsewhere, do I have to only look at BTL mortgages or are they just for starting up? Martin's BTL guide doesn't deal with renewals and the Remortgage guide doesn't deal with BTL, so I'm stumped! Help! Ta. Em
