-
FTB Mortgage Advice needed
Hi ladies and gents, Just a quick few questions. Me and my partner have managed to round up £20k for a deposit and we have a combined earnings of £53k and we are looking to buy a 2 bed flat. But due to London prices being sky high I'm not certain a £200k mortgage would be do-able or not? Quick online comparison showed it…
-
Remortgaging whilst pregnant / on maternity leave advice
My husband and I have very recently discussed the possibility of having a baby (neither of us have any children at present). Until this point, we were dead set against having children so any ‘life’ decisions we had made up until now were based on that scenario. I am in my late thirties and he is in his early forties. Our…
-
Freehold on flat
Hi, can someone kindly advise wether I'm about to do the right thing, I will viewing a flat advertised as Freehold, there is 6 flats in the block all of which are freehold, the flat I'm viewing is top/2nd floor, agents says that there is no maintenance agreement in place but residents are looking at this, this will be a…
-
Ditch the fix - advice please
Hello, my partner and I bought a house just over 3 years ago and took out a 5 year fix with Chelsea. We're about to move house again and there are a whole host of cheaper mortgages out there, plus we have a bigger deposit. What I have been trying to get my head around is whether it's worth ditching our fix and paying a…
-
help please!
Hi we currently have a 25% share of a 2bed flat on a shared ownership scheme. We have outgrown the flat and have 3 children so need to move on. We have £10k savings and approx £10k equity. My other half is the sole earner due to us having 3 toddlers and me being priced out of work with childcare costs. He earns a little…
-
Changing mortgage whilst unemployed??
Hi, Previously bought a property with my brother named on the mortgage. I am now living abroad due to my fiances job so I am technically unemployed. The property is rented out but my brother wants to be taken off the mortgage. What options do I have in terms of remortgaging and taking my brothers name off whilst…
-
Future Mortgage Application, Old Default
Hi Can someone kindly help me? I am planning on obtaining a joint mortgage this year. I have today had sight of my Equifax Report, and to my shock there is an old Default from BT to the sum of £135.00. This red default is dated March 2009 on my file. My credit utilzation is currently hight at 76%. I am hoping to get this…
-
David Cameron's Help to Buy scheme
Apologies if this topic has already been covered. I heard on the news that David Cameron had brought his plans for the Help to Buy scheme for under-40s forward; starting in Jan 2015. I also remember hearing that you had to register your interest in early 2015. I have Googled how or where I would do this, but all I can find…
-
3 or 5 year fix any thoughts?
Coming towards the end of a mortgage deal looking at a new deal 3 or 5 year. Mortgage roughly 72000 about 12 year left. Option 1 3 yr 2.3 % with £800 fee Option 2 5 yr 2.95 % no fee. Advice needed thanks
-
I'm in a mess help
This is now ruining my life. I bought a house with my then partner in jan 2008 later that year I had a serious illness and we ended up separating. She still lives in the house with a new man but not married and they now have a child and I am now married with a child. She has made all payments but does not earn enough to…
-
Does it cost to move my mortgage??
Hi All My mortgage fixed rate deal came to an end last month and I am now on the standard variable rate with my current lender (Nationwide). I am looking to move to another deal with another lender (FirstDirect) As my deal has ended I now longer have any fee for paying off the mortgage in full. What is involved in moving…
-
Nationwide mortgage cashback
Hello, I recently took out a Nationwide mortgage, and opted for the £250 cashback as opposed to the free legal fees. Does anyone know how this will be paid? I'm sure I read somewhere that this gets paid to your solicitor. I've already paid my solicitor in full, and was under the assumption I would get the £250 from…
-
Effect of credit card balance on DIP
Planning on applying for a Decision in Principle with Nationwide this month, but was wondering what the tangible effect of the amount of credit card balance would be? Their online calculator is a nonsense (they'll apparently lend £148k with zero outgoings and it plummets to £85k when you simply plugin £200 a month…
-
Advice for Mortage please
Hi I currently have a fixed rate mortage for the next 7 years, we have 8.5 years left on our mortage and we owe £102000 - our house is worth approx £400000 We have already had the fixed ate for approx 5 years and we are payng over the odds at 6% I really dont know if we are just better off leaving it as it is, or looking…
-
Seperated and need to remortgage - Total Beginner!
I have a joint mortgage with my now ex partner and want to buy her share so I can own it in my sole name. We originally purchased the flat for £132,000 under the government ran help to buy scheme which meant that we had a £7,000 deposit and the government put in £25,000 on top of our deposit. The current balance of the…
-
C & G, Consent to Let
Hi Guys, Just wondered if anybody out there has had recent experience with getting consent to let with C & G. I inquired back in 2012 and they wanted 5.49%, a £995 fee and to lock in for 3 years with charges if property sold. Situation was very fluid then as it is now. I didn't bother. Circumstances have changed again and…
-
mortgage
our 2 years is up on fixed mortgage where is the best place to look for another 1 and what is the best type
-
Legal vs moral? (ref One Account)
Hopefully some kind soul may offer some advice. My situation is this: - I've had a One Account mortgage for several years on which I now have a positive balance, although the "on-target" date to become debt free is still 15+ years away. - My "facility" is around £140k, so in theory if I wanted to - I could draw out up to…
-
Woolwich rate switch
Hi all, Hope someone can help. On the Barclay's website is a link to a PDF with all current Woolwich mortgage rateshttp://www.barclays.co.uk/Mortgages/Existingmortgagecustomercentre/P1242597222683 but it won't let download. Is this working for others? If so, could someone kindly copy and paste retention rates for existing…
-
90%LTV for New Build?
Hi I've been helping a friend with a new build purchase. They've just broken up with other half so starting to rebuild their life. They can scrape together the deposit - but a 90% mortgage would make things a hell of a lot easier with move in costs. Is this possible? I am sure I've read that 85% LTV is about the max. The…
