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remortgage fixed 2 year
Hi I have until July 2018 to pay on my mortgage and am going to come to the end of my fix in a few months with HSBC. I am paying £960 per month and have a 3.99% mortgage but am 64. Is there a better deal out there for me, in view of my age? If there is a 3 year fix then, by the time it comes through, there would only be a…
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Natwest Consent-to-let
Hi all, My partner has recently bought a property (a flat for herself, but big enough for us to share when I can finally sell my flat), but after only a month or so, we've spotted a house that could be a real *home* that is a good price, great size etc. (I'm aware that it may be best to leave it for a couple of months…
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Firt time buyer with complications
Guys, Looking for some advise 6 years ago January coming I was made bankrupt after falling into a situation due to loss of my job. Unfortunately my old man passed away 3 years ago but with this my mums mortgage was cleared after the pay out of life insurance. I am now looking at buying my own property as I have settled in…
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FTB being very restless!
Hi Guys, I have been a frequent viewer of this site since jumping into the world of Mortgages! Have seen some great posts on this site with great advice given so i would love some advice from you all. I have applied and have been offered a mortgage through my broker in the past view weeks. Everything at the start seems to…
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Energy and Infrastructure Report
Hi All, We are in the process of buying a property and one of the reports has turned up something I am completely unfamiliar with. Our solicitor has written to say the energy and infrastructure report "notes that the property is close to an area where there is potential for energy exploration and investigation". He has…
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First time buyer...poor credit
Hi again, I will keep this short as I have made a similar thread but have not had a comprehensive answer. Firstly I'm waiting on the last of my 4 defaults to go... Default 'drops off' in Jan 2015 then.... A CCJ to 'drop off' in July 2015. Both have been Satisfied since June 2010. So once the adverse credit goes, brilliant…
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Advice please mortgage, credit card debts and ex husbands
Hello, I'm hoping someone can give us some advice. My sister has lived in a council house from 1989. She has recently separated from her husband of 17 years. she held the tenancy in her name from 1989 until 2007 when they bought the house with her council discount and a joint mortgage. The house was remortgaged in 2010 and…
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advice on defaults
Trying to get a mortgage but have a default which will be six years old in August 2015. The default was £1711 satisfied in jan 2013. No late payments for the last two years. Earnings for my husband and me are 55, 000. We want a mortgage for around 199, 000, we have a 15% deposit. Sufficient savings of around 15, 000. Can…
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Does this sound right? Britannia mortgage
We have decided to market our house after Xmas, we are currently in a fixed deal with Britannia with another 3 years to run. I have gone through the first phone 'interview' and been given a decision in principle of what we could borrow up to. The next stage apparently is an interview over the phone with an advisor and they…
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timber built house
Hi I have found a great house that I have had an offer accepted on. But I am now struggling to find a mortgage. The house was built in the 1950s and is timber built and timber clad. Does anybody have any advice regarding who I can contact? I don't want to lose this house, but also don't want to be foolish and find I can…
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Advice please - FTB Offer accepted
Need some advice please, we have had an offer of £163K accepted, 45,000 deposit so mortgage of £118 required. Joint income is 37,180, no children. Mortgage broker has come back with a 5year fix with Santander 2.89%. Is a fix (5yrs too long?) the right way to go in other people's opinion, or is a tracker the best option?…
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Joint Mortgage but differing monthly repayments
Hi, I'm wondering if someone might be able to help with a query. I've applied, and been accepted, for a joint mortgage with a friend on a flat in London. We're looking to exchange & complete in the next couple of months (fingers crossed). It is looking likely that one of us will want to make larger monthly overpayments…
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Transfer of equity (shared ownership)
I'm going through a transfer of equity at the moment with my mortgage provider Leeds BS. It's to put the property just in my name due to a divorce. So just removing her name from the mortgage. Due to paying my ex wife her half of the proceeds i have some debt i wanted to add to the mortgage while doing the transfer of…
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Remortgage LTV
My 2 year 3.99% fixed rate comes to an end this month increasing to 4.74% in January. Looking for a little advice on my options. Bought the house for £115,000 and am now reviewing my options of a new term. I liked the safety of being in a fixed rate so am planning on getting another 2 or 3 year fixed. However. The balance…
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Can we reclaim penalty charges on a Buy to Let Mortgage
Hi everyone. In October 2007 my husband and I commenced a Mortgage Trust interest only But to Let mortgage, recommended to us specifically because of its portability. When we subsequently asked Mortgage Trust to move the mortgage toanother property, we were told that they were no longer honouring theportability of the…
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Help with type of mortgage
Hi, My partner and I have decided against buying a house to reside in where we currently live (Isles of Scilly) and are now looking a securing a property on the mainland instead. Our plan is to buy a property on the mainland, rent it out to private tenants for the first 3-5 years and eventually move over to live in it. The…
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Is it possible 2 have 2 residential mortgages
My daughter and her husband have started divorce proceedings. They both jointly own the house they live in at the moment & have a £155k mortgage on it (house value - £300k). They bought it for £360k pre credit crunch. They are not going to sell until the price recovers. My daughter is looking to rent a small place for…
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Nationwide BMR fixing to 10year fixed
Hi My mortgage is currently split. I have approximately £95,000 in the nationwide BMR and £73,300 in a 5 year fixed @ 5.99% due to end April 2017. Redemption date is April 2037 (22.5years away!). We paid £200k for our current house in April 2012 (valued at £200k) and I had an outstanding mortgage on a flat I was selling…
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First time buyers wanting to purchase Mum's house so she can live with us
Hi, Looking for a bit of advice really. But first a bit of background info. My boyfriends Mum currently owns a home worth £200k. She has had equity release in this which currently stands at £80,000. She has 4 sons. All but 2 live at home. This includes my boyfriend and myself. The family do not want the house to go when…
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Remortgage and Maternity Leave
Having been trying for children for a long time and thinking it would never happen my wife and I have just been given the amazing news we are expecting twins. Obviously this has meant we are delving into our finances for the future and realised our current mortgage product will expire during her maternity leave. What will…
