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Can i sue Barclays
Hi Everyone, I am new to the forum and was wondering if I can get answer to my question. Basically I worked very hard for 5 year and saved some money to apply for Mortgage and once I had decent amount to apply for mortgage and for a house that was in my financial limits (took me a year to find this house). I applied for…
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Nationwide - online application,address help
Not sure if any one has come across this before, currently very frustrated :mad: applying via online banking, so my address is pre populated, have to click check address, click the option that comes up, it is my correct address, when i click continue it comes up with an error saying i need to enter a street yet the box…
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Clueless
Hi Guys. Quick question..... Halifax have come back to me today with a mortgage offer :T Does this mean they have already done a valuation of the property? Does the offer mean the mortgage is approved? Handover date is 6th March, I'm hoping all will go well before then. Stressing out a bit lol
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Any point in making overpayments on mortgage during fixed rate ..
I have nearly two years left on fixed rate deal of mortgage (with £3k ERC) and then I think I will have 15 years left. Thinking of selling the house after two years. What, if any, would be the benefit of making the two 10% overpayments per year that I am allowed to, if I intend to sell up in 2 years? Thank you
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Mortgage deposit while renting.
Hi there. We are looking towards our future and wish to buy our first home in the next few years, currently paying off our dept with every penny we can chuck at it and hope to be dept free within 6 months and then save for a deposit for a mortgage. Just like some advice on the best way or most cost affective way moving…
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How much deposit do I need?
Can anyone give me an idea of what size deposit I'd need for a property worth £475K. DH is self-employed with 1 years books. I am PAYE with a permanent job but we'd need his income. I guess initial costs are: mortgage fees legal fees removals stamp duty furnishings, appliances & furniture Also do lenders ask when you are…
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Is a Mortgage Possible in our Situation?
We are currently saving to buy a first home - hopefully! I have to say this is all brand new to me and I struggle to get my head around all of it but we are looking at Shared Ownership Properties at the moment and there is a New Development site locally which we would be very interested in. The thing is we are feeling…
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Help to Buy Mortgages
So am I right in thinking that for a HTB mortgage....your credit report need to be squeaky clean. So missed payments from over 5 years ago would be an automatic reject? Also If the government are willing to boost your deposit and make payments affordable but you have to pay the money back....could this be a rope around…
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Virgin One Account - Website Down
Not sure if in the right forum, but here goes.... Been with Virgin One since 2001, almost its inception. Had a few issues, nothing major and on the whole been pleased with it. However, a recent issue with their online service is the last straw I think. Google Chrome is current the worlds most popular browser, swiftly…
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Simple remortgage question but a quick answer would be hugely helpful..!
Good morning all. I'm getting myself into a bit of a state worrying about this and would very much appreciate your advice... My fixed term with my current mortgage lender is coming to an end and their new mortgage deals are even better than the one I am currently on and substantially better than the standard rate I will…
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HTB and old payment arrangement
After 20 odd years of heavy debt, we're finally out the other side. 12 more months and we'll have cleared the last of the NRAM loan and finally be able to move. In 2009 we had a very bad patch and organised payment plans. Most of these are now off our credit reports however there is 1 that will be reported until October…
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Clear my mortgae or pay into a pension
Guys I have some extra money to play with in the new year and I have booked to see a financial advisor but need a heads up for some ideas before please. I have 2 properties as follows. 1. A BTL that has NO mortgage on it at all - currently brings me in around £450 gross profit a month. 2. A residential mortgage on my house…
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BTL application and tenancy agreements
Hi! I have a flat that I am renting out to three unrelated person (3 bed flats). I have a permission to let on that flat. I want to have a buy to let and release some equity. I did an application form (via broker) and submitted 3 ASTs (one for each tenant. It was rejected and i was asked to have only one AST with only one…
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Secured loan advice needed urgently
we have been trying to remortgage to consolodate the debt we have built up while carrying out extensive renovation and extension work. I recently became self employed which has made it difficult to get a lender to look at what we need based on one income despite me taking home monthly over £2k. One lender has offered us a…
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Using Credit Card During Process
Just paid our deposit to solicitors and awaiting exchange after Christmas :beer: Is it frowned upon by lenders if you use your Credit card for general spending and then pay it off each month during the application? I just twigged that I had set up a taxi account using credit card ages ago and now with all the extra…
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Paying off a euro mortgage
Apologies, this ended up in the wrong forum. We have a mortgage with the leeds building society on a Spanish house, which has to be paid each month in euros. This has been no problem when it comes to paying the 129euro each month. But next year the capital of 122.000 euro has to be paid back. The leeds won't accept it as…
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A vote for the brokers if you are thinking of a mortgage in the New Year
As a lurker on the forums for some time in this section and I know many do the same after moving into my new build last month I cannot stress the benefits of a broker. Yes it was stressfull, yes solicitors drag their heels. Before applying make sure you have at least 3 latest payslips and your P60. If you intend to use tax…
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How does a mortgage work when your income is variable?
Hi there, My income over the next couple of months and years is going to be more variable as I am doing a lot of self-employed work. How does the mortgage application work in these instances? I assume the banks require statements showing the incoming coming in and then your outgoings. How do they analyse it and what are…
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Remortgage/Moving House - Likelyhood?
Hi All, Myself, my partner and our baby daughter live in a 2 bed bungalow and have realised we really need more space imminently :/ Situation is as follows: I have a 21 year mortgage left on the property, paying £586pcm at 2.69% with Santander. This fixed term deal comes to an end in April. The property was bought at…
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Remortgage and freehold purchase
We've been in our current property 2 years (and 2 days!) and I'm putting together a plan for next year when the fixed rate part of our mortgage ends (we currently have part on a tracker, 1.45% and part on fixed rate 3.99%). Our house is also leasehold, ground rent of £130 p.a and 105 years remaining. This will be the first…
