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Unit linked endowment policy
I acknowledge that these types of policy and not saleable. Does anyone know if that is absolutely correct and also whether these policies can be surrendered. I have already arranged alternative life cover. This would free up an awful amount of money now my husband can no longer work and is not entitled to benefits. I want…
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Was considering remortgage- didn't- now I want to kick myself.
I currently have a Santander mortgage @ svr 4.74% and have been considering remortgageing for some time, but due to the fact I have a boss who does not issue wage slips on time or wages for that matter....... I thought I would be safer to take a new deal with Santander. I was trying to decide on either a 3yr @ 2.99% or a…
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Buying a new build
There are 2nd phase of houses being built towards the end of this year near where i live. I want to be prepared so i can reserve a house if i like one. I want to be in a strong position to buy a house. I have a house to sell which i know would need to be on the market, i would be using HTB and getting a new mortgage. What…
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Is it possible to have a mortage valuation by 3rd party?
hello, Curiosity has got me.. Is it possible to have a mortgage valuation by a 3rd party RICS qualified professional which the bank would execept as to opoosed the banks own mortgage valuation? Reason i ask is i have been looking at TSB home buyers + mortage valuation which is around £300 more expensive in my case compared…
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Calling all expert brokers! #brainpickingtime #helpneeded
I was wondering if anyone can answer me the following questions please? 1) are brokers able to speak to underwriters direct to push through an offer? 2) are there any delays with The mortgage works buy to let? Knowing the answers to these 2 questions won't cover my greys but it may help me sleep tonight! Thanks in advance
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Mortgage with Unsatisfied Default?
Hi all, So last Tuesday I went to a mortgage advisor and looked at the possibility of getting a mortgage with an unsatisfied default that is just under 5 years old. It is for £1400 with Natwest bank for an overdraft that was recalled while I was a very poor student. I am unaware who the debt is with now or who to pay and…
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Fixed Rate Mortgage Does Not Show Repayment Fee After Initial Period
My mortgage proposal for a 2 year fixed interest mortgage -after which it becomes variable- shows an early repayment fee of 3% in the first year and an early repayment fee of 2% in the second year. It does however not state what the fee will be after that period has passed. There is a chance that I might be in a position…
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How to keep my mortgage
House is about to go on the market and we have found another one to buy, however is won't be built until late this year. We were intending on getting out of the chain and renting in the meantime. My question is, will I be able to still port the mortgage, despite the gap from selling my home and moving into the new one?…
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Self employment and mortgages.
Hi people, I have a query. Long story short, myself and my girlfriend are going to start looking to buy a house towards the end of the year. I am self employed and as such put my expenses on my tax return each April. My expenses normally amount the circa £10k. For the past 3 years I've only earned around £25k and put my…
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Woolwich Mortgage Application Process
We applied for a Woolwich mortgage a week ago through our broker. The valuation took place yesterday - but we have still heard nothing from the underwriters? We were still sending off some documents yesterday and the survey was being done. Is this a weird way round to do things or is it just me? Any advice and an idea of…
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reference authority form
Is this standard practice and what will it be used for?
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? Remortgage from 4.69% to 1.75%
We took out our 5 year fixed mortgage at 4.69% with HSBC a little over 3 years ago on our first home purchase. Current balance £174000 and LTV 80%. At the time having fixed payments was important to us. We have overpaid most of the time and now currently over pay the maximum allowed, 20% of the fixed payment. We are now…
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Been a bit silly - now worried we have completely blown it!!
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Joint application, single registered owner?
Just wanted some thoughts on this situation. My girlfriend and i are in the process of remortgaging the property that I bought with my ex in 2007. So far so good, but I've just received the transfer of equity docs from the conveyancer and I noticed that they were for transfer from single to joint ownership. I was sure they…
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Getting a mortgage at home if have one in another jurisdiction
Hi everyone Some advice needed please. My husband and I are trying to get a mortgage. It will be my first mortgage and his second – he owns property with his family which is in a different jurisdiction. Because of that, we understood there was no need to declare it following advice from a financial advisor. Now, we have…
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Own LTD Company - Can I get a mortgage?
Hi, I'm the Director of my own LTD company. The Company was incorporated on October 24th 2014, and has been an enormous success, currently generating profits in excess of £30,000 per month. I own 85% of the company. I pay myself and my partner a minimal salary (for tax purposes mostly) and take the rest of my remuneration…
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What are my chance of getting a first mortgage
Hi Me and my partner are looking at first time mortgages but we have some debt from being students on credit cards which amounts to £8,000 Also with cars on finance, I'm getting very nervous if we will get a mortgage. We have a £30,000 deposit with a £11,000 as a safety net (don't want to use) and want to borrow £100,000.…
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Remortgage to release funds for deposit?
We are considering the possibility of remortgaging our current house as a buy to let with a bigger mortgage and using the released cash as a deposit for a new house. Is this advisable? Would a lender allow us to live in our house for a month after remortgaging while we look for a second house? The plan would be to use a…
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Natwest Variable Income when applying
Hi, Has anyone any experence with this. we are getting very anxious at the moment. Our application is with the underwriters at the moment but our broker has concerns that my husbands salary each month can be up and down by apx £1,000 difference but the total for the year is always within a few £1,000. (7 years P60 to back…
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First Time Mortgage Question
I'm 31 years old me and my partner are trying to clear our feet of debt we had since our 20's.. we are in a council house but i really want to buy our own place, but i did the math and i may not have a decent enough deposit until im around 40 can a first time buyer still get a mortgage at 40? thank you
