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Underwriters
Hi We applied for a mtg with natwest which got declined by the underwriters last week. We viewed our credit files as advised by them and found it was due to a default on my husband's file, confirmed by them as the reason. We have relooked at our report today and the default has dropped off as over 6yrs old ( I had to check…
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Buy to Let & Ex head doing drama - please help
Where to start..... Can anyone offer advise on the following, if so I would be so grateful. My ex partner and I purchased 3 buy to let properties and when we split it was agreed through a separation agreement that I would take responsibilty for the 1 and he the remaining and we would both look to get each other of the…
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Quick Question
Hi all, This one for the future for me. I basically bought a house last year on a 4 year fixed term with the banks help, this was all done under my name, my money etc. I am seeing a girl & obviously a view of getting serious/moving in. She is going to sell her house & have a few pound out of it. What is the process of…
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First time buyer
Hi All, Just looking for a bit of advice. I am currently living with my parents in a rented property which we are due to leave by the 2nd April at the latest unless we extend the agreement. My dad has £60,000 from the sale of the last house but he doesn't work anymore due to being disabled. Me and my mom are looking to…
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mortgage and no statement on final salary pension
if youre older and want a mortgage that takes you beyond 67, and you have 2 pensions.an auto enrolment pension and a db pension deferred from 20 yrs ago. my db pension dont do yearly statements only an estimate based on rpi at 5 % till 65. which i got back in 1995. rpi hasnt been 5%, so i dont know what it will pay out at…
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FTB - Mortgage Questions!
Hello. I am a first time buyer, with a deposit available of £41,000 to put towards a property. I live in Glasgow and have been looking at properties between approximately £90,000 and £110,000. I have found a property I like and have informally discussed an offer with the estate agent for around £103,500. To achieve this, I…
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Young & Naive - Need advice?
Hi, Looking for some advice RE buy-to-let mortgages and where to go from here. I've just turned 21 and live at home with my parents. I work full-time earning approx. £18k per annum, study a business degree full-time and manage my small buy-to-let portfolio, earning £4,080 post-tax. I currently own two properties: Property…
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Shared owndership : Stamp duty after transfer of equity
I've gone through a divorce and part of that is myself taking over ownership of the shared ownership property. No money is changing hands and I'm simply taking over the mortgage and will continue payments in just my name. The shared ownership is 30% of the recent valuation of £367,000. Due to no money changing hands, it…
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Mortgage - stay with Nationwide or go to First Direct
:money: - please excuse me posting this again but only had one answer to previous post :( I know no-one can predict the interest rates but need a little advice I currently have our mortgage with the Nationwide or should I say mortgages !! Around 54k is in two loans at 2% over the base rate currently 2.5% for life of the…
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Mortgage and retirement age question
My husband is 47 and the main wage earner. I am 50 and for the past six years have stayed at home to look after the children, so not working. We've had one mortgage in principle - the Nationwide approved us for the sum we want to borrow for a 22 years term. But several others will take us only till I reach 65 which is only…
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Question about lift scheme in Scotland
Hi I'm new to this but wondering if anyone has bought a house through the lift scheme. Me and my partner have a daughter and expecting baby in May. We have just handed in all our documents needed to our lift advisor, so he should be applying today for us. The scheme application will be in both of our names, but as I have…
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Possibilities of fall this transaction over
Dear All, now we are in final stage of exchange. I have signed the contract from my end but my solicitors are waiting for a document from Council to before they do the exchange. Meantime seller also waiting to complete her new property & emailed my solicitor through her agent to say below: “I have had a call from the…
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MissSold Mortgage
I have been looking at my current mortgage and it ticks quite a lot of boxes of it being missold. Has anyone used any firms to try and solve similar problem and if so were they any use. Any info would be appreciated,
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TSB mortgage query and equifax
Good morning, I have a query regarding a potential mortgage application through TSB. I do all my banking with TSB and have done for 5 years, of which there has never been any issue, no late payments or anything. I have a small loan through them and also a credit card which I pay in full monthly. However, I can see from my…
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Dave ham
I have PM you. Unsure if you have received. If not can you let me know.
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Nationwide mortgage and childcare costs
We're about to apply for a mortgage with Nationwide and our first child is on the way. When asked about childcare costs on Nationwide's affordability calculator, I entered £0 as the grandparents are more than delighted to take care of their grandchild, however will Nationwide question this and will they need any proof that…
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Transfer of equity help (Scotland)
Hi, I bought my house 14 years ago and we put both my name and mums name on the mortgage although I pay everything to do with it.. We simply put both names on as I was living abroad, and as a safety-guard (incase anything happened to me!) so my mum would get the house. Bottom line is, I'm home again, with a child and the…
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Removal of late payment how to handle.
So I'm jsut starting to get ready and hunt for mortgages. Checked my credit report with equifax noticed i had two late payments in 2012 from O2 telecoms. Emailed them explaining I'm hunting for mortages and this will effect me and they removed it no questions asked. They said that it was a small amount and have removed the…
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Choosing a mortgage
I am getting a little bamboozled by mortgages. I am seeing a financial advisor tomorrow, but I am trying to have some idea about what I want before I get reams of numbers and put on the spot to make a decision. At the moment I am pretty sure I don't want any of the short term fixes (2 years and under) as the rates are…
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So i have to take a 40 year mortgage to get the loan i need, bad idea?
Hello all, so after playing with Nationwide "Affordability Calculator" i have to take a loan for 40 years to get the loan amount i want. I know for I can pay this in 25 years or less as i am quite savvy and they must be using very high averages of spending and assuming i have a car etc etc. Is there any downfall to 40…
