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HSBC Refusing to transfer/refund Booking Fee
Hi, Hope you can help, need to check what the mortgage agent at HSBC told me is now correct. I made an application for a property, finally got approved in full so paid £99 booking fee (rest added to mortgage) and went ahead with a valuation. The valuation returned back £10k less than our offer so we decided to pull out of…
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Buy To Let Mortgage for Tier 1 Visa Holders
Hi all, Can anyone suggest any lenders who provides Buy To Let Mortgage for Tier 1 Visa Holders with 10% - 20 % Deposit? Many Thanks in Advance !!
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Remortgaging but wants to buy furniture on credit
Hi guys,I and my partner are planning to remortgage at the end of the year. However we would like to buy furniture (around 3k) to completely furnish the house we lived in. We would like to take advantage of the credit free interest/6 months repayments. If we go this route, will it affect our ability to remortgage? Also, we…
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Help to Buy lending
Hi there, After discussions with leading broker a while back I was informed the banks will lend you less for a HTB home than normal purchase (4 times salary rather than 4.5 if I recall correctly). I can't see anything online to suggest this is the norm. I'm just querying what the reason would be for lending less? Thank you.
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Remortgage Refusal
Hi to the rest of us Minions, I have recently been turned down for a remortgage on the grounds that the company does not like the way i use my account ie using my overdraft! (so why offer them) I have always used my overdraft in and out for 20 years. initialy I was told it was my credit file but having been checking these…
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How to find the best 5 year fixed rate?
Hi everyone. The wife and I had our offer accepted for a house today. We're in the very fortunate and hard-won position of having about 195K saved in the bank (10 years of very, very hard saving), but still need a 25K mortgage (or loan?) to cover the difference. Agreed sale price is 215K. Our dream was to buy for cash, but…
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Meeting with Broker this week - Quick Check
I am trying to get my ducks in line for my initial meeting with independent mortgage broker this week. Single application with income PAYE of £40,000 (basic) and £1,500 yearly bonus, still paying student loan and out-goings of £379 (Loan) £0 (Credit Cards) £172 (Gym, Mobile, Broadband) Property is £122,000 and will be…
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Mortgage guarantee plus a little.
I am thinking a long the road of buying a cheaper house and doing it up..applying my trade. If we bought a house for say 100k with a 10k deposit so 90%LTV but ask for a further 5-10k to renovate making it a 100k mortgage? Is this possible or Am I in dream land again? Cheers
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Mortgage valuation fee query
Hi all, Just in the process of comparing two mortgages at the moment and one offers money towards a valuation as an incentive. Does anyone know if i would need to repay this valuation fee if i pulled out for any reason?
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Looking to move
Hello, I am currently with RBS and was looking to possibly move house. Spoke with the today and currently have mortgage of £69k on a value of about £85k. Looking at a property with Valuation of £175k, with a reinstatement of £225k. Purchase price is £145k. RBS say I need a 30% deposit based on a 70% LTV against the £145k.…
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Applying for Mortgage: statement query
Just wondering for those who have applied for a mortgage post MMR have come in. Did they require copies of statements for ALL your accounts on file on your credit report like current and credit card accounts? Lets say you have two current accounts and you funnelled your spending into the spare one and had minimal spending…
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New buy scheme...all dried up
I have had my house on the market for over 12 months now and it still hasn't sold..:( We have had to relocate due to work commitments so at this moment we are renting while our house is still on the market empty.. So we have a 5% deposit and because we are running two homes (inc childcare..don't get me started on that) we…
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Re-mortgage and additional borrowing
Hi, really hope someone can help me. I am currently unemployed, and am struggling to find a role that works around childcare (been offered 4 jobs in the care sector only to then be told they cannot accomodate my hours since my 4 year old started school in September). My Wife works full time as a Nurse. Due to my lack of…
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Halifax Consent to Let
Hello, Has anybody recently had a discussion with Halifax on Consent to Let? I currently has a residential mortgage with it and am looking to let it out beofore the deal expires. As such, I can buy another property (due to affordability issue I cannot have two residential mortgages at the same time). Many thanks.
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Mortgage Application - Where Am I At?
Hoping someone on here can help me out, for the past few weeks now i have been putting together an application for a mortgage to my bank. I had the DIP, no problems there. The adviser in branch was really helpful went through all of the deals available etc, and sent me away to look for a property. I have found one that i…
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FTB 95%LTV help please :)
My husband and I got the delightful news on Friday that our landlord is putting our home on the market. Luckily we've been looking at buying my parents' home so intend to push ahead with this. We got an AIP from natwest in the late stages of last year but want to shop around first. The trouble we are having is that the…
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FTB Mortgage/Adverse Possibilities
Just after a little bit of advice if anyone can help please? We are first time buyers and we got a DIP from Nationwide at the beginning of December using HTB on a new build with the builder paying the Stamp Duty but a few days later it was cancelled. The reason given was adverse credit on my wife’s file. Plus some paydays…
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Virgin Mortgage Application
Hi all, I am just checking if anyone else has gone through Virgin Money for a Mortgage application recently on a straight forward purchase and see how long it has taken?? Our survey was completed and results fine today. So they know this now. Just wondered how long it should take from here. Im so impatient but I suppose I…
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FTB 46% LTV - Mortgage Questions
Hi All, Looking for a little bit of confirmation here. We're first time buyers and looking at the £330K mark for property in the south & pretty nervous too! We obtained a positive DIP from HSBC last weekend and we're possibly getting close to putting in an offer on a house we've visited a couple of times. Are the…
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consent to let and a new mortgage?
Hi, Hope you can offer some advice to me. My partner and I both have separate mortgages but would like to live together and buy a house together. We are thinking of "consent to let" from our lenders before potentially doing a buy to let as we're not sure whether or not we'll want to sell at least one of our current houses…
