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Remortgaging with nationwide
My friend is with nationwide currently and her fix is coming to end in a few months. If she decides to move on to a new product with nationwide will she have to go through submitting proof of income and affordability checks. Their circumstances haven't changed but they are not great at keeping hold of payslips and p60s!…
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Mortgage hassle when house nearly completed!
Hi all, Its my first time here so I'm asking for some advice as I am totally confused and a little upset. I have purchased a new build house which is due to be completed before the end of March. I arranged a mortgage with Nationwide through a broker recommended by the builder and all was fine. I have paid the money to my…
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Difference between survey and valuation?
I know this may sound like a dumb question for some. Getting a mortgage at the mo and a valuator is going in which the lender is paying for. The only fees we have to pay is a £300 arrangement fee and £35 ETF. (+ solicitors and broker fee). My question is, is that a surveyor? what is the difference? a surveyor has not been…
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House Valuation
Next month i am going to get a valuation on my home and i was told they take into account the price i paid for the house, is this true? The home report for the house was offer's over £350k and i got it for £300k Rich
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Mortgage with 1 satisfied default
Hi all - just posted in the credit file thread also about the issue of the default. (it is for a payday loan we never had, QuickQuid / Pounds to Pocket fraud team are supposed to be dealing with it, but they aren't responding!) So there is a default on my partners credit file for this loan he never had and the default is…
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Is there anything we can do?
We have had a mortgage with Santander for 8 years at a rate of 1.3 or 4 (not quite sure), my husband is a self-employed Mac Computer engineer and works from home, we have occasionally had trouble paying the mortgage but have always paid eventually although maybe not 'on time'. About 15 months ago after coming to the end of…
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Deposit question
Hello all, After finishing 2014 in a dissapointed way as i was outbid in two properties i put an offer. i have spent January to digest that and now mid february i am back on house hunting. My situation has changed slightly. In Christmas, my father sold a piece of land and he gave me £2,300 cash from that sale. I am…
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Mortgage application affected by salary sacrifice?`
Im after some advice please? It has just dawned on me that moving onto a salary sacrifice pension may affect a future mortgage application from myself? I currently pay into my pension after tax but the company is asking people to move over into the salary sacrifice model - all good I was thinking! I know the company said…
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Nationwide DIP In Branch - experiences?
Hi I'm planning on moving home soon and using the equity in my current house as a deposit on the new one. For the house I'm looking at I'll be borrowing quite a lot and on a 90% LTV deal. I'm a bit nervous that I won't find a lender who will lend me the amount I need. Using the Nationwide calculator, they'll lend me the…
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Retention Deals
Hi, Just wanted to ask some advice from the brokers out there. We are currently looking to move house and will need to increase our borrowing. We have 15 months of a 5 year fix to run and there is an ERC of 3%. I have spoken directly to the mortgage provider and they told me that th only way to avoid paying the ERC is to…
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Mortgage Advice Please.................
Hi all, long time lurker but infrequent poster after some advice. Our situation is that we are a family of 5 living in a 3 bedroom detached house in North Yorkshire. The house is value is approx £215,000 with an outstanding mortgage of £170,000 giving us a LTV of just under 80%. My annual wage is £23k and my wife's part…
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Lender Contacting Employer
Hi all, I am applying for a mortgage and the lender I am with has asked indicated that they will contact my employer for further details. On one hand I have no problem with them doing this in terms of checking salary and so on as what I am claiming is all legit. On the other hand however, my current arrangement with work…
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Remortgaging with Halifax
I'm back on the paranoia train. 18 months ago, I was convinced we wouldn't get our mortgage because of my credit rating. I'd worked hard to rebuild my rating, put right what I had made wrong, and according to Experian, I was Fair, around 840 points. I know the score doesn't often mean a lot, I had a couple of late payments…
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Mortgage with a Debt management plan
Good Morning, I am Looking at getting a mortgage, but I am in a debt management plan, and to be frank, my credit history is shot. looking at a £130,000 - £140,000 house. we have around £15,000 savings in the bank. we have a joint income of around just over £30,000. Does anyone have any tips or any help they can provide us…
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Arrangement fee question
Due to issues with not being able to get my hands on a pot of money I have arranged a mortgage (as a backup plan) and have had the mortgage application sent to me. If I post the application forms back to the lender but in the end don't take the mortgage will I still be liable for the arrangement fee? Think I know the…
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Tsb remortgage via broker
hi, So far contractor specialist mortgage brokers i have contacted have said that - they cant do my remortgage with tsb 10 yr fixed deal. Does any one know/using broker who can do remortgage with tsb? Thanks in advance
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mortage advisor or not?
I am 66 years old and remortgages, last year, from an interest only mortgage to a repayment one.The mortgage is portable. I have recently sold my property and found my "dream, forever home". I have been told by my mortgage provider (Nationwide) that I have to submit a completely new mortgage application. My dilemma is:…
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Right to buy Mortgages
Hi! I've recently a right to buy offer through a south London Council. I've received the maximum discount offer of £102700 My one bedroom 1st floor flat in a 5 storey 1930s built building was valued by the council at £320000 with the discount offer the purchase price will be £217300. I'm now about to explore mortgages and…
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Help Endowment shortfall, both ill, mortgage has to be paid.
Would be grateful if anyone can offer any advice with a very difficult situation. We were mis-sold our 25 year low cost endowment mortgage, which began in 1990 . In 1999 then in 2006 we were both diagnosed with an incurable, rare disease that they treat with chemotherapy and other immune suppressant infusions, meds that…
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First Time Buyers
Hi all, Me and my partner are first time buyers and are wanting to apply for a joint mortgage on the Help to Buy 5% scheme. We applied for a decision in principle over the phone with lenders such as Halifax and Nationwide for 90,000 but were declined due to credit. We have since been in contact with a mortgage broker who…
