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MPPI - been paying for years without realising and mortgage has changed
Hi there I'm not the smartest cookie when it comes to looking after my money! I noticed a direct debit on my account that's been coming out for years from ROYAL LONDON MIS. I contacted the company and it turns out I've been paying for MPPI for 15 years. I can't remember signing up for this but I guess I did. However, I…
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Porting Mortgage
I'm only 1 year into a 5 year fixed mortgage from Barlcays but would like to move home. The mortgage is currently in my name only and I am now looking to move to a new property with my partner, with both of us on the mortgage. As I want to add her to the mortgage will this mean that I'm effectively ending the current deal…
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mortgage finder
HELP! 6 years ago I had 2 rent my house out because of financial difficulties so had 2 transfer 2 a buy 2 let mortgage which was obviously higher interest rate. I am now going 2 move back in my house but cannot seem 2 get my mortgage lowered because I don't earn enough. my partner is about 2 move in with me, who works full…
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Mortgage Chances?
Hello, I have done a little bit of research and read this forum quite extensively, and think I have a fairly good chance of getting a mortgage, but wanted to check I am not missing anything before I start applying. I am 24, earning £50k, with an annual bonus of about 5% (although as this is not guaranteed, I believe it…
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Help to buy - quick calculation
Hello I'd be grateful if someone could double check my maths relating to the help to buy (shared equity) scheme. We're familiar with the rules, requirements and charges etc, I'm just seeking someone' view on the following calculations: House value = £175k Deposit = £8750 Shared equity loan = £35k Mortgage amount = £131250…
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Fixed vs tracker
Thoughts? About to apply for a mortgage Purchase price - 175k 15 % deposit Nationwide currently doing a 3 yr flexi tracker 2.59 [+ 2.09] with no erc 2 yr fix is 2.99 with erc
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changing mortgage before offer
You know when you ask simple questions but you just need someone to just confirm what you are thinking, then this is one of those cases. Offer accepted on house, mortgage found through London and Country. Below is an extract from their letter to me... "Finally, don’t forget our Ratecheck service means that even if fixed…
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UK mortgage with a foreign employer?
Hello, I live and work in the UK but my employer is based in Australia… Does anyone know whether I am eligible for a mortgage from a UK bank/building society? I've tried to research this topic but just end up with information about ex-pats (not me!). Thanks, and any help gratefully appreciated.
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stay put or change.
New to forum after some advice. In a fixed mortgage which still has a couple of years to run. It was with Bradford and bingly before they went bust. I can get out of the mortgage without an early repayment fee because if this. My current debt is around £97k and interest rate is over 6%. Obviously a new deal seems a good…
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Developer drops prices... What to do?
Hello all.. Just looking for some advice on what to do, if there is anything I can do... I and my partner have put down a small reservation on a new build property. We have agreed on a part exchange price and all that's sort of holding things back is us waiting to hear from the Halifax on our mortgage application. Thing…
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Buy a new house and let my current one - how?
Google cannot provide me with an answer so I ask if you have experience of this and to tell me how you did it. I sold my place twice last year but was messed about when buying further on in my chain. I am not going to suffer that again. Having cut all ties and dropped my buyer and estate agent (and conveyancer too) I plant…
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Newcastle building society.
Okay so we got a declined offer with NatWest, we are not sure why as they will not disclose, however they did carry out survey on property. As we are going through a broker he has put in a new application with Newcastle building society. Any reviews of this bank?..
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Charged for a gift letter
Hello all, we are a couple who decided to buy our first house. We found a property where we made an offer that has been accepted so that we started all the paperwork both with broker and solicitors. A part of the deposit comes by a gift from family and as normal the broker asked us for a gift letter saying that that money…
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Overdraft Usage and Mortgage Application
Hi guys. My partner and I will shortly be taking the leap onto the property ladder. We have saved 25k between us for deposit, 12 of which is in a Nationwide Save To Buy account and I will have a gift of a further 40k so with keeping aside some for furniture and fees should have 60k as deposit. Having started a new job…
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First time mortgage, partner with bad credit.
Hi, Me and my partner are looking to be first time buyers, only problem is he has a bad credit rating. He doesn't have any outstanding debts anymore, all paid off but he has been in the last year turned down for a contract phone because if it. I currently earn £33,000 a year and he earns £16,000 a year. We also have the…
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What do Lenders see on your Credit File?
Hi Can anyone help, just wanting to know what mortgage lenders see on your credit file? Do they see exactly what I see on my Noodle Report? Month by Month balance and payment? Do they see what you spend each month or do they just see what you pay each month and what your overall current outstanding balance is. I know they…
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Help much appreciated, married but require sole mortgage
Hello, Any help would be very much appreciated as me and my husband are at our wits end. Our situation is as follows. My husband works and has an excellent credit rating whereas I have an awful credit rating (according to noddle only 2/5 and I have had a DRO previously) and am a full time stay at home mum so am not…
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Natwest DIP v Borrow Calculator
I have just tried the Natwest online decision in principal as it is a soft search and not wanting to apply just yet. Facts are: * Me earns £86,000 permanent job in construction * Wife earns £10,000 permanent part time job * 3 kids school age * no PDLs ever * no missed payments or anything - perfect debt payments all green…
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How Can a 66year young re-mortgage.
We would like to know if there is a safe re-mortgage at my age of 66 as we don't wish to move from our bungalow but my wife is disabled yet still works 22 hours a week and we have 2 loans due to finish January 2016 but she just cannot continue no longer as its too much for her. Any suggestions please.
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How to Cancel Equifax account
I applied for and was granted a mortgage recently. I decided to have a peek at my credit report before applying as Equinox was offering a free month of access. Anyway am now wanting to cancel the account before I have to pay a monthly fee but can't see where or how its done. Can anyone advise? Thanks
