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Dependents death benefit pension
Hi there, I will try to keep this as brief as possible so you get the overall picture of my current situation. In a nutshell, my partner died when our daughter was 2 months old. We weren't married and were not currently living together for various reasons. He had a pension with his company and the trustees decided that…
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NRAM - how payments are applied
Hi, I hope someone can help. I had an NRAM mortgages plus unsecured loan. I made one monthly payment which covered both elements. The account was with my ex-husband and had a marital dispute marker because of our divorce. I made the payments for almost seven years with my ex-husbanding refusing the having anything to do…
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Advice on saving for house
I am usually on the DFW boards but now we have paid off all debts we are now saving up for a deposit for a house. Ideally we want a 3 bedroom house and average price is around £200,000 in this part of the country. A bit of background. We had a HP which we overpaid and paid off recently as well as 2 credit cards and a loan.…
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Mortgage on a pension -Question please
I am planning to take early retirement from my job-my husband will still be working. We will still have an outstanding mortgage-if we decide to remortgage to get a better rate will my occupational pension be fully considered as my income? Thanks in advance. S,
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Buy to let mortgage advice
Currently we have a holiday home and our main residence. We are looking to expand our business to where our holiday home is so we are looking to temporarily move there and considering letting out our main residence. There are two issues we need to consider - Capital Gains Tax when we eventually sell our main house and the…
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Port Existing Mortgage and add 20-50k
We currently have a mortgage balance of around 20k on a tracker 0.75% above base. The is portable so would it just be a case of taking out another mortgage to make up the difference in the new house price and keeping the 20k on a separate mortgage? I think we will need another 20-50k depending on what we buy.
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Releasing equity from a house in probate
Hey guys. 3 years ago my grandfather died and left me his mortgage free home. I estimate the house is worth about 90K based on the average house price in the area being about 110-115k and this home if fairly run down and in need of modernisation. I applied for and was granted probate my self and have since been living in…
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Am I making the right remortgage decision?
Quick sanity check before I go ahead and re-mortgage please guys. 16 years left. Currently on Barclays "tracker" at 2.68% owing £135000 Remortgaging to Barclays "tracker" at 2.29% Offset costing £999 fees. I have approx 30k to offset. Im not very good messing about with ISA's and switching current accounts all the time to…
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Mortgage Application Questions
Hey everyone, I have read a lot of posts on here, seems to be a lot of helpful posts, but i thought i would pluck up the courage and add to the forum. This coming Tuesday i will be meeting a broker to see what my eligibility for a mortgage is. I have a couple of questions to ask and if i can be forearmed with answers then…
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Company director mortgage
Hi I'm pulling my hair out trying to understand what figures a lender will use. Both myself and the OH are 49% shareholders We get paid the PEL salary of £7956 each and the rest is dividends. I've instructed a broker and updated him with figures last week but I think I've made a cockup. I run a PL report that shows net…
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mortgage application
Hi me and my partner are applying for a mortgage and I am just wondering if the bank contacts your employer during the process? I have provided last 3 months payslips and bank statements but wasn't sure if they would contact them as a reference like when you apply for a new job? Thanks in advance for replies 👍
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Nationwide mortgage advance error?
I recently completed on my first property purchase. The property purchase, less my deposit, was £134,950. This mortgage was taken out with Nationwide. On my mortgage account viewed online, I see the following: Advances = £134,925.00 Fees and Charges = £25.00 Is this corrrect? Presumably the £25.00 'Fees and Charges' is for…
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Nationwide and gifted deposit mortgage - do they like it? Worried
I'm a bit worried now having read that some lenders do not like money to come from gifted deposits. My husband applied in his own name to Nationwide. We tried to change it to both of us but the calculator showed they would lend us less and when we tried DIP it wouldn't lend to us (despite my credit score being 999/999 on…
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10% over payment allowed (TSB)
hello wondering if any one can help as cannot find answer on tsb website and the mortgage centre is closed now for the weekend. I am allowed to pay 10% off TSB mortgage without any ERC's I wondered does any one know if the 10% allowance is a calendar basis (i.e. January - December) or on a rolling basis, i.e if…
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Halifax - Consent to Let?
Hi all My partner and I have a small new build flat that we bought for 90K. Currently the property is worth probably more like < 80K because in hindsight - its the sort of property that plenty of people would be happy to rent for a while, but not necessarily buy :-( The market seems very slow in our area and these sorts of…
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Vodafone late payment - mortgage impact?
I currently have a mortgage with skipton with 1 year left of a fixed rate deal. Property LTV - 60% No affordability issues 4 credit cards, no late payments in 2 years £4000 cc debt on 0% although I have enough in savings to pay this off before remortgage But I have 1 default from the Open University - £1300 September 2013,…
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Will i get a mortgage quite easily with this?
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When applying for a mortgage do I have to declare that I was once bankrupt?
My partner and I are currently looking to buy our first property and are looking for a mortgage. I declared myself bankrupt 9 years ago and one bank have already declined us for a mortgage as I told them about my bankruptcy when they asked then question "have you ever been bankrupt". So my question is, do I HAVE to be as…
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RBS Mortgage question
Hi guys First time buyer got a couple of questions any help would be greatly appreciated. We put In a full application 10 days ago. The valuation took place 3 days ago. The purchase price was 87500 and they valued the property at 87500 can this be a issue with the lenders?. Does anybody know if all the credit checks and…
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Nationwide mortgage referred
Hi All, This is my first time posting on here so bare with me. I am looking for some advice about the Nationwide mortgage process. My partner and I have applied for an 85% LTV mortgage with Nationwide via the New Homes group (we have brought a new build). When our broker put the application through we got referred. This…
