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Should i avoid searching compaison sites while mortage application is going through?
hi, Currently awaiting my mortgage offer. just did something a bit daft started searching on all of the major comparison sites to get home insurance researched and ready. Will these sites have just left marks all over my credit file which the lender will not like now? Thanks,
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Re-Mortgage chances
Evening From lurking this forum I know there are some superb Brokers on here so am looking for assistance. I do intend to see a broker but wondered if someone could advise on the following: Recently separated I am looking at options for the future and one is to buy the Mrs out, just wondered what my chances are for a re…
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I need help- 24, self employed looking for a mortgage
Hello 😊 I'm busy trying to save for my firsT mortgage. By the end of this year I hope to have close to £8000 saved. But after speaking to a few of my customers I've realised that as I am self employed it is going to be harder for me to get a mortgage of my own. I've been self employed for four years in September. This is a…
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Help to buy - more than 5% deposit
I am considering reserving a new build property, the value is £169,995 Under help to buy with the 20% equity loan this means I would require a mortgage for the value of £133,596 I have sufficient savings to put up a deposit for £30,000 There are a couple of things I'd like to clarify: 1) Am I effectively applying for a…
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Just discovered partners mortgage details
Hi all, I'll keep it as short as I can. I was recently helping my partner with his finances and discovered he is paying an interest only mortgage and has been for years. He has no way of paying for this at the end of term. He applied to his bank for remortgage and got declined even tho he has approx 30% equity. Apparently…
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mortgage overpayment
I need some advice!! I have a £57K part interest/part repayment mortgage with Nationwide. the interest only element is £36K. The interest rate on this is base rate + 2%. At the moment the balance outstanding is £45K, and the mortgage will be settled in 7 years. What I would like to know - I have an endowment that has…
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Mortgage Advice Please
Hi All, I split up with my wife in 2009, and a couple of years ago I removed her name from the mortgage. My mortgage provider wouldn't give me the mortgage on my own so I added my sister's name through a transfer of equity. My mortgage is interest only. I was looking to remortgage next year and getting off interest only…
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Will car insurance quotation affects mortgage offer
Hi Everyone, As the title suggests, recently my mortgage has been approved with santander and i have recieved the offer. Now the proceedings are with solicitor so hopefully within 4 to 6 weeks, purchase will be completed. My car insurance is also due in april and recently i have made lots of car insurance quoation throuht…
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Renting and Remortgage
Hi, 1st time post here and just looking for some advice. I'm currentrly with XXXX on a 4.78%, on a 1 bed flat that's worth about £95,000. I owe about £87,000 on it, and i'm looking to re-mortage. The problem is i've been renting the property out without the mortgage company's knowledge. There is'nt enough capital in the…
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Screwed by PMI for 1 credit point?
I am taking a mortgage for $266k and I am having a problem with the mortgage insurance. My wife's credit score is 750+ but my credit is 719. Long story about why my credit is low but it is on the right track now, I know, I a little late now... When applying for mortgage insurance, I am seeing a $60 difference between…
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uk mortgage & cyprus mortgage
Hi all, My dilemma is, I have nearly paid off my uk mortgage, but i have a cyprus mortgage of 100000 euro. Should i finish my uk mortgage to zero balance or loan some money on it and pay some off the cyprus mortgage at a cheaper uk interest rate. or pay uk off in full and plough more money into the cyprus mortgage. your…
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Pay day loans a big no no All together?
Applied through a broker with Newcastle BS. Case is At formal underwriting.They have all relevant information they need. Valuation carried out employment references done. But they asked for a print out of my partners Experian report, they have this but my partner now has a fair score due to a hard search from them!..He's…
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shared ownership staircasing
Hello, does anyone have any knowledge about buying more shares in a shared ownership house and how to calculate if I could afford to do this? I have 50% mortgage at the moment. Bought it just before the last crash unfortunately, so unlikely to be much equity. I thought I might have to sell the the house as I want to move…
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Transfer of equity
Hi, I'm hoping for some advice. I bought a property with my brother in 2008 with the intention of keeping it for 3 years, making a profit and parting ways. Obviously, issues in the economy put a stop to that. Since buying the property, we have both got married and so I have moved out. We are now looking to transfer my name…
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Proof of deposit in European bank acceptable?
Hello, I am applying for a mortgage and I have lined out all documents. I move to the Uk few years ago and I have 1/3 of my deposit in my old spanish bank in euros. Since I am worried of being guzumped and the euro is at rock bottom against pound, hoping that election will push up a bit my euros, so I want to wait for the…
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Nationwide Mortgage Application
Hi, havent posted on the forum in a long time. Have applied for a ftb mortgage with my girlfriend via a broker. In the last couple days have found a lot of poor reviews/experiences of Nationwides mortgage process re: documents , customer service. We've applied for 85% mortgage with 15% deposit for house worth 170k, joint…
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Mortgage declined
Hi all, Looking for some advice please. I am looking for a mortgage with my girlfriend, we went today to see a broker. We have a £100,000 deposit and only looking for a £60,000 mortgage. The broker tried with santander and it came back declined. They wouldn't tell me who or what it was for. I previously had debts with MBNA…
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House swap with parent and move motgage
Hi, We (2 adult's + 2 kids) have a 2 bedroom semi-detached and my Mum has a 3 bedroom house. My mum is wanting something smaller and we need something with 3 rooms. We have about £57k and 16 years remaining on our mortgage and my mum has about £17k and 13 years remaining on hers. Is there any possible way of swapping…
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Mortgage offer withdrawn after exchange
Hi, i'm Florin. I got a mortgage offer from Santander exchanged contracts and before completion they withdrawn the offer without giving me a reason. Now i don't know what to do. Can i sue the bank for making me lose money? Please help. Thank you
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30 months mortgage left. need help
I have 30months left on my mortgage I owe £18.000 property value is £120k I want to continue to make overpayments I'm currently on their SVR rate of 4.8% is there a better way to to mortgage?
