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Bank & Credit Cards Registered To Family Address
I'm in the early stages of looking into mortgages, as I'm starting to build up to the level of savings that could be used for a deposit, but I've only just come to realise (naively) that my credit score & history aren't as good as maybe they could be, because I've kept some main things registered at my old address (where…
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mortgage declined 😭
Hi all, looking for some advice please. We currently have a Halifax mortgage, have just accepted an offer on our house and had our offer accepted on another. We have just done an application on the phone and its been declined. We have had this mortgage nearly 12 year, never missed a payment etc, no credit cards, loans etc…
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Continuous problems with Leeds BS
Brief: I have been living with my partner for the last 5 years, and decided its time to buy our first home together and apply for a mortgage. We both have full time jobs and saved up enough for a deposit. We went with Leeds BS. We got a decision in principal. Having got all the correct documentation, as advised, we then…
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Error on mortgage offer
Can anyone help please. Our mortgage offer was issued with an error last week. The mortgage broker split my first name up thereby giving me two middle names. The mortgage offer was issued with that error. The lender natwest asked for my driving license and says it will be a change on their system and reissue of mortgage…
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Adding husband with poor credit history to mortgage
Hi all, My husband has had a poor credit history and has finally paid his historical debts off using PayPlan for the last 6 years. He has managed to get a Vanquis credit card which he was recommended to do to start improving his credit history. He has also obtained his credit file from Experian and there are no defaults…
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Nationwide - A Success Story!
Hi There, Is it usual to get a mortgage application approved within 4 days? Our timeline looks like this; 17/4: Current house put onto the market 18/4: SOLD at asking 21/4: 1st Viewing on a new build 21/4: DIP received from IFA 25/4: 2nd Viewing and reserved our plot 27/4: Full application submitted 29/4: Valuation…
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Already applied for a mortgage, can we reduce the amount we want to borrow?
We put in the full mortgage application a week ago, for £107k, 35% LTV. We have been doing sums and working out what would happen if our mortgage was declined. We could afford to buy the house in cash, but almost all of our savings would be gone. If you are in the position to be able to pay in cash should you? How much…
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Solicitor is chasing us for money
We sold our house and bought a new one over a year ago, (Feb 2014), Weve just received a letter stating we owe £151.34. They said they entered this on our statement as a received sum by mistake, we have it in black and white that they received this money, and Tbh they had that much money off us, and gave us the left overs…
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On Nationwide SVR and looking to move and borrow more
Hi Quick bit of advice, currently on Nationwide 2.5% SVR and looking to sell and borrow more to move up to a bigger property..only my 2nd move and just hit the big 40 Would I need to get a remortgage and therefore lose the svr and move to say a 10yr fix at 3.14% or could I have the two mortages one with the svr and one at…
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Is it possible to borrow?
Me and hubby have found a property and are using an L & C broker to find a mortgage. The property is for sale for offers over 170k. These are our current income details... Ap 1 emp inc £26875 Overtime £4500 (evidence on p60 and current payslips Ap 2 housewife Tax credits £1300 Child benefit £1750 There is 5k on credits…
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Default - will it effect mortgage chances
House is currently on market - we have seen the house that we would like to purchase - new build - won't be released for reservation until 4/5 months time - not ready to late spring 2016. The plan is to sell up - rent in the interim period until the house is built. Will be applying for Help to Buy mortgage once the houses…
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Yet another 'remortgage email' post...
Hi, I wont bore you with anything other than the following: First year of a 4 year fixed deal 4.04% House value 161,000 according to my lender, 168,000 according to other 'experts'. Remaining mortgage 125,310 as of today ERC of £4999.70 Is it worth remortgaging elsewhere to secure a lower rate? My maths is poor! Many thanks
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Life Insurance for FTB
Please I need some advice regarding life insurance. I am a FTB and my MA has suggested I take out a life insurance. Is this a common/necessary requirement when taking out a mortgage? Thank you in advance
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Anyone know how Natiowide deal switching works? (current deal has ended)
Might be a long shot, but I'm unfortunately already in a 'mortgage trap' with Natiowide having had another child and expecting again since first taking out our current mortgage I can't find any lenders that will allow us to borrow what we need (only looking to cover existing mortgage). We're on the SVR with Nationwide and…
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NRAM "lost" documentation
Has anyone else had issues with NRAM withholding or being unable to find documentation? After two subject access requests and a complaint to the ombudsman, they were unable to produce the original affordability check from my together mortgage took out in 2004 (property sold at great loss in 2009 and I am still paying…
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Mortgage or ISA or Both
Hi I'm not sure this is the correct place to post so apologies if not. I currently have a BTL mortgage (2 year fixed on 4%) owing 92000 on a 140000 property. I have moved to my parents for the two years. I have £5000 in an ISA (only 2%). My question is does this plan seem ok? I have quite a lot of disposable income (around…
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Would this be a mortage alternative
HI. Just wondering about an alternative. I have just 18 months left on my mortgage, currently on virgins variable rate after my final fix just ended. I owe about 8k to them now. What is to stop me getting a credit card with 8k credit on it on a free for 24 months basis like Santander 123 credit card, paying off virgin…
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First Time Buyer (Wannabe)
no longer need advice, this can be deleted
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Managed to get incorrect default removed from Equifax, but do Halifax use CallCredit
for mortgages? I still have it on there, I am calling them in a minute to tell them that Equifax and Experian have both removed it from my account and that I need them to do the same (their own investigation or whatever). I'm worried they'll say it'll take 28 days or whatever though. Do Halifax even use CallCredit/Noodle…