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New mortgage application
Hi all, My Partner and I were in the process of purchasing last year, we had our mortgage accepted and were very close to exchanging when out of the blue vendor pulls out giving no reason at all. We started looking again in the year and have just had offer accepted on a flat, however will a mortgage application from just a…
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Will this go in my favour?
Hi All, I will be applying for a mortgage in 18 months. I will still have late payments present on my credit file although they will be 2.5 years old by this point. Only '1' markers and no defaults or CCJ's. I know that these late payments WILL be an issue but will the fact that I am only looking 60-65%LTV help me to…
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First Time Buyer advice
Hello My partner and I are looking to get a mortgage this year we have 2 children, I have a good credit record and I also earn the most my partner however has a default from 2013 which we are currently disputing but I do think it is liable to be there. we have no debt between us and we are currently looking at houses worth…
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Additional borrowing... Would we stand any chance
2 yrs ago I entered a dmp as couldn't cope with unsecured debt whilst on mat leave. Me and husband have joint mortgage which has been unaffected by this as has my husband as it was all in my name (hidden debt, now sorted) Current ltv is around 65% and we desperately need another bedroom as child number 2 is still in our…
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Advice on seeking a good Broker
Looking for help. My husband and I are looking to purchase a property shortly at about £215~225000, we have a 15% deposit plus savings. I have poor credit with one default which will be six yrs old in August 2015 (settled two years ago). No current debt. We earn 55k between us. Wondered if anyone could recommend a Broker?
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FTB questions: sole vs joint
My partner and I are FTB noobs in Hertfordshire with the following questions. We're together 10 years but are unmarried (MM). We're looking at semis, terraced or large flats around St Albans, up to ~300k using HTB EL. Our approximate financials are in this link: http:// i.imgur [DOT] com/Bs8PiFJ.jpg * As I am contributing…
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FTB how much of monthly sal on mortgage?
Over the past 12 months we have been postponed for various reasons and now looking for the right house. We set a budget but salaries have changed in this time and we kept it the same There's a house we might like that is a LOT more than we wanted to pay £30,000 to be exact. I put the mortgage into a generic comparison…
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FTB new build mortgage help needed
Just offered on a new build with Gleeson homes but getting confused at what mortgage to choose so have a couple of questions I have been offered a help to buy fixed rate at 2.99 % for 5 years then 4.9 after that now I orginally chose this as I expect interest rates to rise within the next 5 years but what I am now…
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Mortgage Help For Bankrupt please
Hi, My husband went bankrupt 4 1/2 years ago due to a marriage breakdown. We are trying to get a mortgage for the sum of £27000 to purchase a shared ownership property. Can anyone help please? Do you know of anywhere that would do accept him? He is in full time employment but just has this hanging over him.
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Remortgaging
Hi all, Hoping someone can answer my queries with regards to remortgaging if poss, please... 1) Are all available mortgages online/on comparison sites, or are some products only available in store/over the phone? 2) Our fixed term mortgage ends on 28th this month and if we switch before that date we are liable for 1% early…
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removing my ex partner from my mortgage
hi all. im in a situation, i have covered all costs for the last 4 years and my ex has requested i remove her name from our joint mortgage so she can move on and have a home/mortgage of her own, she put this in writing to the bank, i called them up, passed the affordability screening by the call center and they sent me the…
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Mortgage for a Year v Renting for a Year
Apologies if this had been discussed previously, but I can't find easy answers to my questions from searching. I'm currently living with my parents, but I'm looking to move into a 1 bedroom apartment in Birmingham city centre. Having looked at typical monthly mortgage repayments, the element of those repayments which is…
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Nationwide's free legal fees for a FTB mortgage?
Have just had an offer accepted on my first property and am trying to get stuck into finding a mortgage as soon as possible. I'm quite liking the look of the Nationwide Flexclusive: A 4 year fixed rate mortgage for a First Time Buyer, which I saw online. One of the perks of it would be the following: You can get free…
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Married but applying for mortgage alone
I'm wondering if anyone can help, I am married but am trying to buy a property (new build) in only my name using the help to buy scheme. My husband owns a house with his ex girlfriend which has been rented for about 7 years but is now on the market. We couldn't jointly apply for HTB because of his house. I have been…
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How long before another DIP?
Hi all, Did a successful DIP a few days ago but as the market seems to be changing at a very fast pace at the minute around fixed rates i am now looking potentially at another lender. How long is it safe before i do another DIP without harming the credit rating? Thanks
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Benefit in Kind help needed
Hi, I am looking for some help and guidance please. I have the opportunity to get a staff rate mortgage at 3% on £120k. I understand this will be subject to BIK. Can someone help - 1) how can I work out how much tax I will pay on the 'benefit' so I can compare with other products? 2) how can I work out the APR? 3) it will…
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Mortgage Advice Please
Myself and my partner are looking to buy a property but unfortunately we have been turned down a mortgage by a bank. Our credit history is not the best as my partner has a CCJ which ends June 2015 and we both have a couple of defaults. We will be both debt free in the next month or so and will be able to put a deposit of…
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Bank Statements
Good Morning All Just a question for you all, within the next 6 months i will be looking for another mortgage BUT at the moment i dont get my salary paid into the UK bank account, I can change this without any issues but my question is will having it paid into a UK account help the matter or will it not make a difference.…
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Mortgage application: partner not on electoral roll
Hi all, My husband and I are about to apply for a mortgage. Our credit history appears to be in good order; no loans, credit card purchases paid in full each month, no missed payments (save for one about 3 years back, and which was completely the bank's fault), and have not dipped into our overdraft for 5 years, long-time…
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mookal online repayment calculator not available?
Does anyone else use the mookal online mortgage repayment calculator - I've been getting an error for the last couple of days - site not found - and I can't see any mention of it when I do a search - I know it's been recommended on here before, if it has been removed could anyone recommend a suitable replacement - it's…
