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Staying with parents and mortgage app
We have decided to sell our house so we don't lose our buyer ands stay with my parents for a few weeks (prob from the end of January). We have had an offer accepted on a house but they have not found anywhere so legal work and full mortgage application have not yet started but could do at any time. AIP is done with our…
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Broker's solicitor quotes?
Another question (I seem to have one a day at the mo!) Due to our chosen solicitors not being on the approved list for Bank of Ireland, we have had to search for another. Our mortgage broker today sent us some quotes that he had found but when I go on to the solicitors websites myself and request a quote, they are all…
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what is a good rate for a three year fixed 20% deposit
Hi I posted a longer thread wee while ago did not get much feedback. We are hoping to buy a new build. Cost is about 200k bit less if we do not get a garage at 10k. House only being built which complicates things a bit. We plan to put down 20% deposit. House is in northern ireland. We thought of fixing 3 years, good credit…
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Help to buy mortgage
Hi im looking at the help to buy scheme (wales). I have an appoitment with halifax but worried about being accepted. I have checked my credit file from experian and im getting a score of 999. I have no debt but 2 active credit cards with a 0 balance and a littlewoods account with a 0 balance. I have no ccjs and no…
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Timeframe between Remortgaging
Hello,:) Just a quick question for you all. I have a tracker mortgage which i have had now for around 4 months. I was wondering... is there anything to stop me attempting to remortgage again already if i feel i can get a better deal?
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Do I need a mortgage or a loan?
Hello, I'm wondering if anyone can advise me what I'm actually looking for? I have recently purchased a house with cash lent to me from a relative, and now I want to get a mortgage on this house to pay them back. However I have been told by one bank that I can no longer get a mortgage because the property has already been…
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Buying a house from a family friend & releasing equity
We have a family friend, they own their house outright, no mortgage. It's worth in the current market something in the region of £600k They've been looking at wanting to release some of the equity in that house - something in the region of 1/3 maybe. So far all the options have looked at costing quite a lot of money or…
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Interest rates going up
Interest rates seem to be going up. We decided to buy a house around 6 months ago and looked into options. (Need a 5% deposit offer) I've just recalculated and it's all costing more than our initial projections. I will need to wait another 6 months to save the deposit but am worried that by that time, I won't be able to…
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Agricultural Questionnaire?
So it's been a week since we received our valuation on the house we wish to buy, all of which was ok. I rang Santander this morning to find out if they had received their valuation and how long the mortgage offer may take and they said they have questions from the valuation and they have sent an agricultural questionnaire…
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Lloyds Mortgage Offer Withdrawn
Hi I'm looking to get some advice, or insight into an issue I'm currently having with a mortgage. I'm in the process of purchasing a house, and applied for a buy-to-let mortgage with Lloyds TSB, as I already have several personal and business accounts with them. The mortgage was applied for and accepted back in August, I…
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Will they move "port" our mortgage??
First time post so bear with me. Hubby and I are joint owners of our home. Mortgage is with Santander. We owe 142k on interest only, bought our house 8yrs ago for 220k. House now very likely to sell around 300k mark. We need (well want really) a bigger house. Have found a fixer upper, mainly cosmetic stuff for 320k which…
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Helping mother rejoin the property market
Hi, After my parents splitting recently my mother would like to buy a new place using the proceeds from the sale of the previous home as deposit. Unfortunately, she will not have enough to purchase outright comfortably. Whilst she could just about afford the repayments on her own, this would not leave her a lot to enjoy…
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Mortgage advice appreciated
Hello All, I'll try to keep it brief. Earlier this year, I sold my house and moved into rental. My girlfriend put her house up for sale as she could no longer afford the mortage after her child support payments stopped (her kids are grown). We put in an offer on a house which was accepted, but then we changed our minds for…
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Help to buy accepted, chances of mortgage?
Hi guys, my girlfriend and I have just been accepted on the help to buy scheme... is this a decent indicator that we should get the mortgage offer also? We are FTB and I am getting worried!
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Advice welcome
Hi Finally want to start planning financially and getting myself in a better financial situation but want a little advice to get me going. I am currently in negative equity on the mortgage, probably by around 10k so we are unable to change lenders for a better rate. We also have an unsecured loan over the same term of the…
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How to split a mortgage
Hi Does anyone know the best method forward please? I bought a house in my name 6 months ago with my girlfriend but the house is all in my name. However I paid the 10% deposit and we have split the mortgage & bills and the work required in the refurbishment to mean I own 65% and she owns 35%. We have nothing in writing to…
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Private Mortgage
I have bought a retirement flat and a family member wants to buy my house. Am I allowed to arrange a private mortgage, is this normal and will a Solicitor be able to arrange the paperwork easily ? Are there any problems I should be aware of ?
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Bank says no to solicitor
We had our mortgage agreed in principle yesterday. We also instructed a solicitor yesterday. Today, our broker has got back to us saying that the bank have said that we cannot use our solicitor as they aren't on their 'approved list'. As FTB's, we had no idea that the bank had a say! Is this usual? We asked the broker to…
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Problem with AIP being rejected after being accepted weeks ago (FTB)
Hi all, Need some advise desperately.. FTP trying to get a mortgage for a house we've had an offer accepted on. Got an agreement in principle accepted for borrowing £196k around 3 weeks ago from the Post Office for a different property we were thinking of going ahead with but then found a different 1 at the start of week…
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Mortgage declined following repairs required
Can anyone please give any advice on a current situation we are experiencing. My husband and I had a mortgage agreed with Woolwich following a survey. We were due to complete last week and at the last minute we were asked to pay for a timber and damp survey. We had this done which indicated around £25,000 work. We knew the…