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Form k15 Searches advice please
Please can anyone advise how far back the bankruptcy searches go when solicitor applies. We have been discharged from bankruptcy for over six years and have declared to bank. Also had to show proof of discharge to bank which they are happy. The reason we ask is because the solicitor keeps adding new problems which each…
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Self Employed Best Lender
Hi Need a bit of help with mortgage application. I am wondering if anyone can help finding the best lender for self employed mortgage application required over 400K, Deposit 180K,income husband wife 93K each, co.director 4 years accounts increasing profits ,sa302s , no loans or c/cards,3 dependants, bank statement 3 months…
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Moving Home - Remortgage, Broker or not?
We are looking at moving home this year and increasing our mortgage, sooner rather than later... Our Fix is up 31st May with the Halifax, which means if I wanted to stay with Halifax I know this means I can change product 3 months before (so end of Feb..) If we stay with the halifax but would like a bigger mortgage i…
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Rate switch on a buy to let mortgage
Hi, I currently have a btl coming to the end of a fixed product at 3.69%. The mortgage is with TMW direct and it would revert to the managed rate at 4.99% if I were to do nothing. The balance is approx £39900 and payments are currently £122.49 interest only. I have compared a few options. The none paying of arrangement…
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Buy to let over a shop mortgage
Hi, so I owe a leasehold 124 years flat outright, I have it rented through an agent at £525 PCM value £70-85K and I would like to finance it, I know this is tough that's why I got it cheap 2 years ago, but I've been on TMW website and cant find in their criteria anything against it. Its above a long established hair salon,…
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Chances of getting mortgage
Hello everybody just thought I would try get as much of peoples opinions as possible. Basically myself and my fiance are in the process of buying a house but we have yet to see what sort of mortgage we can get. We are basically looking at purchasing a house of around £160,000 and wish to use about a 10% deposit so…
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Mortgage affordability - private school fees
Hello all Does any one know if there is any mortgage lender that does not include private school fees in its affordability calculations. Put another way, I am looking for a mortgage lender that does not believe that private school fees are a fixed commitment for me - which I will not renege on (such as council tax). Thanks…
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Mortgage broker scam
My friend contacted the mortgage broker who was locally sitting in the little shop ,according to him the mortgage broker said that he will start his case of mortgage when he initially pay him £2000 which he did in October but now mid January and he hasn't shown any progress at all literally nothing when ever he call him he…
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FTB with Broker
Today I engaged a broker(someone on here recommended them and I'm impressed) and I feel reassured that my blemishes on CR can be over come and get us that Mortgage. But he asked for further info and all the question I can answer fine. But one if the questions was Where will you be buying your house? Are you both…
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Re Mortgage Advice : Downsizing
We are shortly to sell our 4 bedroom house ( 300k) to downsize to a small bungalow (175k) We also own a rental semi detached property (115k) Both properties are mortgage free We have seen a bungalow which we would like to buy, but as we have not sold our 4 bed house, which would be the best i option to raise 150k to buy…
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Mortgage Application - Please advise
Evening, I currently have a mortgage with Woolwich which im looking to port due to house move with further borrowing, I wonder if one of the brokers will see if the figures seem to stack up. I earn approx 27k, good credit rating and been in my current employment 6.5 years. Wife earns about 5k part-time but is 7 months into…
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Who will lend against 1 year accounts
I know that ****** via an intermediary, will lend against 1 year accounts for sole trader. On my previous surfing/searches I'm sure I came across another lender - anyone know the name? thanks Claire
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AIP refered, now require full application......
Hi, I really hope someone can help, My partner and I are applying to port our mortgage to a more expensive house. Our AIP was processed and we were told that our application would be referred. meaning it needs to go through a full application to see if we are able to get a mortgage. I have been told that I cannot make an…
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First time Buyer Advice
Hi all, first post and new to forum (but always used it as my go to guide) Let's paint a background first. I graduated June 2014, employed August 2014 on 3 month rolling contract with salary of 25k. (bad start for a mortgage I know) I have recently just accepted a new job in a senior position with a company and the salary…
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FTB Mortgage in Balance HELP!
Hi Me and my partner are currently applying for a mortgage on a new property. My partner has been with her employer for 5 months and that's not a problem I've been with my employer for 1 & 1/2 years but because I've just changed contracts in December I'm back on probation period again! Our application is currently at the…
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Letting mortgage go to variable?
Looking for some advice please. Me and my husband have just had our 2nd child and I'm on maternity leave. The mortgage is in my name only due to husband previously bad credit. Our two year deal is over end of feb. Tried to just switch to new deal online with Halifax but couldn't do it online as my mortgage on old system or…
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Re-mortgage, is there any age limit?
Hi, just wondering if as a rule Banks have an age limit to which they will grant a re-mortgage, 80, 90 or even 100? Considering person has steady income and property is much more valuable. regards Sebastian
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If any problems with remortgage could I just switch with deals with my current lender
Applied for a remortgage yesterday and now I'm worried that the valuation will be an issue. If the remortgage doesn't go through, is it likely my current lender (post office) would let me switch deals?
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More than 4 storeys. Chances for mortgage
Hi all, When i started to look for my first property, i was advised by a mortgage broker that the lenders will not be happy for a property in a block with more than 4 storeys. Does the above apply to any circumstance? or the lenders can change their mind depending on the deposit? Also, if the building has more than 4…
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Withdrawing from a remortgage
My broker visited a few weeks ago as our current deal is due to come to an end in feb and recommended a new product. We were happy with his analysis - I didn't do any further research though I did ask a few questions and away he went. Well I have since looked at our current provider and it appears that we could actually…
