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Single application mortgage??
Looking for some advice if possible? I am married and my wife and I have been saving for some time and have so far reached £8.5k. Our dream house has come up at £172k so we could, in theory use HTB and have enough deposit. We have both for several years subscribed to "credit expert" and have found our files all in order…
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Nationwide - alternative evidence?
I am in the process of changing mortgage plans with Nationwide. I posted the last month's payslip and bank transactions. I have online banking and just printed off the transactions from the internet. Now they e-mailed me asking for a front page of bank statement confirming of name and account number. Santander who I bank…
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Non uk citizens
hi Does anyone know if There are any limits when applying for a mortgage if I am not a uk citizen? I am a uk resident and am here on an ancestry visa. Thanks
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Mortgage advice - financial suicide?
Hello you lovely lot (buttering you all up for good advice :D ), DH and I are thinking of moving this year. We are particulary interested in a move to a new home using a part exchange scheme. But i'm not entirely sure if its too risky a move. Once the fixed rate term is over our mortgage payments would go up to an eye…
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2 Year fixed coming to an end
Hello ! My 2 year fixed mortgage with Santander coming to an end . I have some money saved up . I phoned them up today and ask them if i have some money to pay can i knock off the mortgage term . The mortgage advisor told me that i can but i have to wait untill the fixed rate ends and capital interest starts and then i…
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Mortgage Denied
Hi, I have been into Yorkshire Bank and have had a mortgage accepted, the mortgage is 109000 with a 15k deposit so 94000 mortgage, we were allowed to borrow 150k We signed all the papers it all went through, even had the property we put the offer on accepted and the bank then went on and got us a valuation of the property…
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Final completion question.
Just a quick question. Is it possible to exchange contracts (final completion) when a new build house is not fully built? Or does it have to be fully built and ready to live in before contracts exchanged?
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Lender Restrictions
Good evening Is it usual for a lender to deny a mortgage because the seller has probate and has not transferred the property via Land Registry into their sole name? I am being told they (the lender) will not consider it until the property is registered to a living person for 6 months. Can someone confirm please as I have…
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£0 valuation from halifax
I put an offer on a semidetached house built in 1947 with a white render. Paid for a basic valuation through Halifax, today they told my broker it was valued at £0 but have not yet given a reason, should be a couple of days.... They have said they will not supply a offer unless a structural survey is done. Is this common…
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removing ex partner from mortgage
hi could someone point me in the right direction as to my options costs etc about removing my ex from the mortgage and deeds ? my house is currently worth £125k my mortgage left to pay is £91k and i am looking to sell either this year or next. my ex partner is ok with everything and is happy for her name to be removed…
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Buying from a relative
Ok, so we can afford to get a £150,000 mortgage... only problem is that we can't actually afford to save for a deposit because rental prices are so blinking high, and the houses that we can save the 5% for are... let's just say, I wouldn't inflict them upon anyone with a heartbeat. So my mother in law is selling her house.…
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Nationwides "Affordiablity Cauclator" is seriosuly messed up
Nationwide "Affordability Calculator" is seriously messed up the 15 minute one not the quick one. For example the only figure i change as a variable is the house insurance no other boxes. House insurance £400 Loan allowed: £76,700 House insurance £300 Loan allowed: £78,000 Really i can have a extra £1300 for a difference…
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Lenders pulling out after Exchange - How prevalent is it REALLY?
So every day we get posts from people asking whether it would be wise to do certain things with their finances between exchange and completion. In the past week alone, some examples have been: * Taking out a loan * Opening a new bank account * Changing mobile phone contract All of these requests were met with a resounding…
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Valuations: Taking into account HPI?
Hi Following on from my other thread on adding land into a remortgage, I've heard back from the bank and it all seems more hassle than it's worth to add it in. https://forums.moneysavingexpert.com/discussion/5165988 So I have another question: Just taking into account the house, we're 0.4% away from an LTV boundary based…
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FTB, DIP got from L&C no idea what im doing..
i'm a FTB & have got a DIP from L&C. have found a house offer accepted but have over £25k worth of debt and terrified i will be declined but then why did the DIP work? everything is being paid off no missed payments but this is just a long process. on Experian my credit rating is down as excellent but what does this…
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Do nationwide credit check after mortgage offer?
Are nationwide known for credit checking again, after the mortgage offer but before final completion?
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Change mortgage or use credit cards help please?
Hi We have various debts on credit cards at present and our current mortgage fixed term doesn't end until end of September. Is it worth persevering with juggling 0% credit cards until then and then re mortgage including debts or take out additional borrowing now? Any advice welcome as we are running out of 0% credit card…
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Hinckley & Rugby?
Anyone have any experience of using Hinckley & Rugby for a purchase mortgage? My buyer is using them and so far we have been waiting 2 weeks for a valuation, it was carried out last week but I have just been told from H&R themselves that it will be another 4-5 weeks before mortgage offer is issued:eek: The EA told us she…
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Hi folks bit advice needed
I'm thinking of cashing in my endowment ! There are no penalties it has six and a half years to run if it returns at 6.5% it will have shortfall of £1000 it has cash in value of £20000 My plan was to reduce mortgage to 30 k go onto repayment only for 10 years pay off personal loan and put some cash toward new car . I'm…
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Time to sack the broker?
Previously had an offer issued via this broker but we had to pull out just before xmas. Started the process again earlier this month and sent the up to date payslips, statements etc over 2 weeks ago. Nothing has happened since and I made it clear at the start we were hoping to exchange mid march. My application has not…
