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valuation Help Please
Hi, And little new to the mortgage scene but I have a valuation question. We recently got an AIP and then found a massionette to buy. The price is 215000. We asked the bank for 193500. They are now doing a valuation next week and I wanted to know what figure they look for. Are they looking for it to be worth more than the…
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Permission from partner to deal with mortgage company
Hi all I currently live with my partner in a property that we both pay for but which is legally mortgaged by only her (as we met after she bought it). We are currently looking at various options around remortgaging, moving, considering letting the property but because I am not on the mortgage I can't really contact the…
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Ftb before I even go to a broker
Hi all Long time lurker of these pages for the past few months and have learned a lot so thanks to all who have posted! So we are looking to hopefully buy a property over the next six months but before We get too excited and look for a broker I need to realise if I am setting myself up for a fall before I begin! Basically…
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Mortgage....to buy out or not?
We bought a house 5 years ago. It was a new build property. We were first time buyers so wanted as much help as possible. We took a deal where they own 25% of the house but we don't pay any rent to them we just had to pay them off within 10 years. One hand I feel it's a interest free loan so wait the 10 years On the other…
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nationwide - no accountant
Applying for mortgage after my dip It is asking for my accountant details. I don't use or need one How do I proceed? They like to make things bloody difficult
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Getting my name off my ex-fiance' mortgage?
We broke up thats all thats all thats really relevant. She paid the deposit and we were only in the house 4 months. I'm happy to walk away and leave my 4 months of half motgage payments behind but I want my name off the mortgage asap. How do I go about doing that? She has also happy for me to leave her with the home, so…
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Will my bankruptcy 9 years ago come back to haunt me?
Evening all. I've recently been accepted by the HSBC for a mortgage in principal , so yesterday I made an offer on a house I have been looking at for a while. So as I understand the next step is to make a full application. However now I'm starting to worry that my bankruptcy 9 years ago is going to put a spanner in the…
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Remortgage Help Please
Hi I'm after some advice. I'm having problems re mortgaging my flat (to a lower repayment) and reducing the term with the Yorkshire Building Soc because my partner is living with me (but not on the mortgage), and although she is paying £250/month to me its on a casual basis (ie she keeps it in her own savings and we save…
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Remortgage Trap
I've got a Santander 123 account and mortgage. I've applied for and been accepted on new 2 year fixed deal, but thought about extending terms for 5 years to reduce monthly costs by £350. After going through income and outgoings, I was told by bank that due to new regulations and review, I cannot afford extension to…
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Absurd!!
Just wanting too see if anyone else has been in this situation. My husband and I are looking to downsize,we have a mortgage with the Yorkshire. I rang the Yorkshire for an idea of how much we could borrow before looking at properties. They came up with what I thought was a low amount but it transpired that this was due to…
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Can we move on to a better rate mid-application?
My husband is in the process of getting a mortgage with nationwide. It is a 10 year fixed at 2.94%. They have done the survey and now completing all the paperwork ie. no approval yet but we paid for the survey. The rate has now gone down to 2.89%. Do we have a chance of getting the lower rate do you think? It's not a huge…
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Mortgage impact of going Ltd company
I have been a Self-Employed sole trader since 1997. In mid 2013, I bought my first property, currently on a five-year fixed mortgage. The approval process involved the lender requesting copies of my SA302 tax figures as well as my personal bank statements. I am now considering transitioning my activities to form a Ltd…
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Joint mortgage after Divorce
Hi Me and my Fiancee are due to get married in September. I have recently realised that despite her being divorced she is still on the mortgage for her previous home. The divorce was done with no settlement as she chose to just get it done, so he has the house and everything. My worry is that officially with her on the…
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ceMap CDT tool
I am currently studying for the Cemap module 1 and am querying a cheaper way or alternative to the IFS CDT tool which is £200 , has anyone used this and found it beneficial also is there anywhere i can get this cheaper? Any recommendation's are appreciated.
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Remortgaging & debt conslidation
Hi Ive been told that I wouldnt be able to borrow more against a mortgage when moving to a new company to pay off a loan and also to cover an ERC (debt consolidation) If I borrowed more for "rennovations" or a flash "holiday" would they be any way of checking? Also, we paid 125 for the house 18 months ago, we've fully…
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Worried about applying for a mortgage
Morning all - need some advice / help if possible Many years ago (about 6) my credit was awful and I was with Payplan etc but that's another story ......fast forward to now and I am back on track with life and wanting to apply for a mortgage. I checked my report with experian to see how they now see me ..and my 2 CCJ have…
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ABBEY/SANTANDER Timelines
Hi , Can people please share there abbey/santander application timelines as i think there intermediaries website is a joke and doesnt provide true information of the timelines.
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mortgage when paying childcare
we are looking to move house this year, on looking at mortgage deals they vary greatly it seems depending on monthly childcare costs and some lenders it seems will take child benefit/tax credits into account and some don't. Anyway, our childcare costs will drop in Aug as our youngest will be entitled to his 'free' term…
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Pay day loans - future mortgage?
Hi All, I am new to this but have been reading posts for a while. So I thought I would pluck up the courage to get some advice. I am currently saving with my partner for a deposit for our first home. I earn £32000, he earns £20000, luckily we are living with parents so our out goings are very little meaning we can save…
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Buy to let AIP
How long does it usually take to get an agreement in principle for a buy to let? Our buyer is trying to get one but still waiting and it has been a week so far. Don't know if I am being impatient or unrealistic as never had a buy to let AIP.
