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Obtaining new single mortgage
Hi, thanks in advance for any help and advice. My situation is, I am in a joint mortgage that i need to change to single. The other person is unwilling to resume an extension of mortgage which would be the simple solution. I am at the end of a fixed rate, so I am currently on a variable rate which i really need to change…
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Mortgage help...
We currently own a home worth 175k with a mortgage left of 96k. we rent this out and receive 845pm in rent. in turn, we rent the house we live in and pay 845pm. we have 13k in debt and have had some arrears etc and not a good c/history. ultimately we would like to buy a bigger house (value of £230k). we are wondering if we…
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Credit Cards and Mortgages
I know it's not great to have credit card debt when you're applying for a mortgage, but over the years I have had quite a few credit cards. Haven't used any of them in about 10 years now though, but not sure that I actually went through the process of cancelling them. I went on Equifax or Experian (the free 30 days) and it…
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House valuation
Hello, Had my valuation done yesterday and it came back saying the house is worth £119 which is what I have offered but may need repairs common with a house of this age house is over 100 yrs old. Is this normal and will this cause a problem with the lender? Thanks in advance
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Porting Mortage
Can mortage adviser help you port a mortage? I don't want to get straight to the lender and get refused casuing problems using another lender.
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Deeds on 2 names, but mortgage in 1 name
Hi All I am trying to understand if its possible to get a mortgage application under a single persons name, when the deeds are in 2 names? The two names are my sister inlaw and mother inlaw. The property is a buy to let with a mortgage value of £128,000. The property is worth £220,000. My sister inlaw has a wage of approx.…
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Old Joint Mortgage Endowment Issue
Hi, I wonder if anyone can help please. Back in around 1993 I took out a joint mortgage endowment policy when I brought my first house with my now Ex. We paid this mortgage endowment policy for around 6 years, during which time we then also had taken out a smaller separate endowment each. We broke up in 1998, I carried on…
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First time buyer - no clue
Hi everyone, Thank you for taking the time to read. I am getting married this year and we currently rent. Our CC debt will be paid off in dec 2015 but I will still have a loan left of roughly £6k at £204.05 a month. Would it be best to save as much as we could to get a bigger deposit to buy at the end of 2016 or pay more…
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Halifax Fraud case
Hi all, New to the website, so I'm sorry if this is in the wrong place. I requested a SAR from Halifax for my dad to do PPI claims. After I got the SAR and looked through it, I found all the information I needed for the PPI claim. But I also found that Halifax had send me a forged loan agreement. There were several…
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Save up bigger deposit or get a new mortgage?
Looking for some advice from all you moneysavingexperts please... My builder husband and I are currently renovating and splitting our house into two, with the plan being to sell one half and clear the mortgage. That will leave us with a perfectly fine 3 bed house on the other side with no mortgage. HOWEVER, we want to move…
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URGENT advice needed - Mortgage Issue before Completion
Hi All I received a worrying call today from my broker outlining Halifax could no longer offer me the required amount on my purchase property! I am due to complete in 9 days and they have lowered the mortgage offer by13,000 so I cannot complete. My credit file is immaculate and I've taken no new credit, myself and partners…
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Nightmare Neighbours. Been here 6mths and we need to leave
I just cannot stand to be here anymore. I love the flat, I love the neighbourhood. Unfortunately, we have a couple living below us (Housing association for homeless people). They constantly play loud music, argue, damage their property. I've called the police god knows how many times, along with the environmental health…
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4yo default (satisfied)- barrier?
Hi, Husband and I thinking about moving this year as we are having another baby, so would like a little extra room. By the time we come to do it, we should have no outstanding debt (other than my current mortgage), and around 25-35k deposit depending on how much equity we can get out of my house. The only mark against us…
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Housing benefit claim DURING mortgage repossession
Hi, I'm new to MSE but have been scouring the boards all weekend and hoping I may be able to FINALLY get a straight answer... Looooooong story short, 3 months mortgage arrears after being on reduced payment plans for over a year since hubby suffered a Stroke and we both had to come out of employment... We have been advised…
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Declined at the first hurdle!!! help!!!
So myself and my partner attempted to apply for our first mortgage today (DIP) and unfortunately was declined. The broker then asked for our credit reports as it was the credit score we failed on. on our credit score we are both 970 something, and scoring excellent. however my partner has a defaulted account from 2010 of…
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Affordability 1 applicant Mortgage
Hi all. Loving all your advice and need some more. I have emailed a broker and awaiting response but any body out there got any ideas? Basically, me and my wife were going to apply for a joint mortgage but as we want to relocate back home(as I serve in Army 350 mile from home) my wife will need to leave her permanent…
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Mortgage Review - But change in circumstance
Hello, I hope someone can help me. Me and my husband have had our mortgage on our current property for just over 2 years, since we had it we have had a child and i am now part time. and our earnings are less. We have no issues with our mortgage provider, how ever we paid a small amount of money off and requested that it…
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Broker advice - credit issues 4 years ago
Hello all, looking for some advice please? I currently own a (mortgaged) flat with about £20k equity. I am looking to buy a small house, approximately £135k. I also have £4-5k in cash saved, and could (though would rather not) probably take an interest free loan from my family if I was a little short. I earn £45k I have…
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5% deposit mortgage application!
Hi folks, I am hoping for some help! Me and my partner have been saving for our first home together. At the beginning of Dec we went to Bank of Scotland to obtain a mortgage promise to find out whether we were eligible for their first time buyer help to buy mortgage. Which we were. So that was great. We found the ideal…
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Northern Rock (Virgin) - Early Redemption Fee and Porting Queries
Hi all I currently have a NR/Virgin mortgage. It's a 10 year fixed and runs out in September 2019. It has unlimited overpayments and as such we should be in a position where we can pretty much clear the mortgage fully by the summer. The mortgage has an early redemption fee (ERF) of £1,950 and we want to avoid paying that…
