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Temporary contract/secondment & remortgage
Just query before our re-mortgage. I'm currently on a temporary contract via secondment, my contract states I will return to my previous position as end of temporary period but I've just been extended on it for another few months which will overlap with our remortgage. There's a big difference in basic pay, but old basic…
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Mortgage advisor help please.
I am going to see the mortgage advisor in the morning. He is the only advisor to have gotten me an a.i.p.(natwest). 'Which' advisors got a negative from Halifax. Credit report is perfect. Declared right income(self employed cabbie)so everything should be fine. My question is, is it standard to pay the mortgage advisor in…
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Mortgage application with Precise
Hi I wonder if someone can help me. I have an application going through with Precise. I originally got the DIP on 17th Feb, they did a credit check with Experian for this, on the higher rate due to adverse credit in the past. The full application went in two day later, I have checked Experian and Equifax and they were…
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Mortage application after DMP
Hi, I'm new here to this site, but just wanted to ask for some advice! My fianc! and I are looking to have around 40k (20% deposit) by the end of the year. I have a good salary and a excellent credit rating. My partner had some outstanding credit card debt with Vanquis. We thought at the time, as the interest was so high…
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capital or credit on overpayments
I have been making regular overpayments to Mortgage Express assuming that it all goes into one account. Trillium mortgages have just bought my mortgage and now i will be making overpayments to them. I rang today to confirm sort code to send standing order to etc and i was told that my overpayments (11,000) are in a credit…
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mortgage brokers opinion
Want to buy a property with my husband for 224, 000, we have a 15% deposit. My credit file however is poor to fair, no debt, was in a dmp two years ago. No late payments for two or so years. We have savings of 45, 000 for the house plus other savings of about 8000 (for a rainy day) We earn 55, 000 I have a default of five…
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Together mortgage hell
hi I am after some advice my wife and I currently have a together mortgage consisting of a mortgage with 135k balance and an unsecured loan with a balance of 25k we have a really poor credit rating and are currently in arrears of 18k with the above and the loan has a charging order on it over the property the total payment…
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Mortgage Over Payment Question....
Evening everyone, I'm trying to work out if this is the best way to help me in the future and use my money wisely and would like a bit of advice...:) I currently have a £117,000 30 year mortgage at 2.93% fixed rate for 2 years with Platform. After that my mortgage goes up to a minimum of 6.20% for the remaining term. The…
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Disputing a shared ownership HA valuation
Hi everyone, I am in the process of staircasing of my shared ownership property from 60 to 100%. I had the flat valued in November 2014 by a RICS surveyor suggested by the HA. They valued the flat at £360k. I applied for a Halifax mortgage (remortgage) and their valuation came back at £340K, £20,000 less! So they are only…
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We Want to Guarantee a Mortgage
Our daughter has had her offer for her first property accepted. Unfortunately her elation has been cooled because she can't borrow enough. The pay slips that she submitted to the broker had the word "acting" in front of her job title. Her salary in this acting role is some £8000 more than her contracted salary and…
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Mortgage Overpayments or Save for Deposit?
As from my previous post I am currently looking at moving home with my wife. We are currently overpaying our current mortgage by £525 per month. Would this over payment be better off going into savings for our deposit on the new house which may then give us a better LTV, or even just help towards moving costs and legal…
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1st mortgage - early repayment charge
I have called 2 brokers and they cannot match direct only deals! I have a 10% deposit and loughborough seems cheapest. My query before I proceed: This is a fixed 2 year deal. If I switch after 2 years, I only pay an exit fee, and no other penalty - correct? If I moved house under 2 years, I pay an early repayment charge.…
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International Mortgage options
Hello all, I'm a resident of Bermuda but have dual citizenship. Does anyone know where I could get an international mortgage that will cater to Bermuda residents? Lloyds, Barclays, NatWest, Halifax don't seem to.
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Advice on options please!
Hi Im after a bit of advice from anyone who is better at maths than me…which could be just about anyone! I have a mortgage of £109208 @ 3.39% fixed until January 2018, which allows me to overpay by £500 each month without being penalised, which I am doing. I have £6000(which could be raised to £10,000) in a savers account…
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Mortgage Progression
Hi All, I submitted an application last week after receiving a formal AIP from Halifax for double the amount I'm looking to borrow ( I went via a broker). My application contained a credit report, personal and business bank statements, proof of address etc as well as the usual standard application. I've not heard back…
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Contracts exchanged but new job offer
Exchanged contracts on First time purchase on 27th Feb and have today received an offer for a new job. The completion date is set for 19th of this month and i am due to start new job on 23rd on this month. Do i need to inform lender of change of employment at all? Salary will be higher but obviously dont want mortgage…
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Experian Report
Noticed on my Experian report this morning that all my available credit is duplicated. For example, I have 2 credit cards and it's saying I have four with double the credit allowance. I contacted Experian this morning and they've said that it's an error and it has affected my credit score. I don't think it's much of an…
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Multiple Mortgage AIP's - any downsides?
We currently have an AIP from Tesco Bank on a 60% LTV mortgage at 1.25% on a 2 year tracker. However Yorkshire Building Society have in the last week or so launched a new fixed rate at 1.18% for 2 years which is more attractive. We're keen to get an AIP from Yorkshire Building Society on the understanding that this would…
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Stick with HSBC or remortgage to First Direct?
Hi all:) I'm currently looking at extending my mortgage term slightly (from 12 years to 15), changing my life time tracker to a better one & possibly increasing my debt by £10k for home improvements. My current mortgage is with HSBC and the new rate on offer is 1.69% above base, and the First direct is 1.29% above base,…
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House Advertised as Freehold.
Llllloooooooo
