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Mortgage advice
I am hoping someone can help, me and my partner are currently saving to apply for a mortgage later in the year. It will be solely in his name as he has an excellent credit rating and a good job whereas I'm a student with student debts. The issue is he owns a flat with his ex. The flat is being lived in by a friend and the…
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Buy to let or not?
Can anyone help on this one? I have a property which I let out. I wish to review lenders now. However I do not own another property. Personally I rent. Which type of mortgage should I be looking at when renewing lender - 'buy to let' or 'remortgage'? Thanks
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First time buyers advice
Looking to take small morgage. Deposit: 8000 (2000 in bank 6 in cash which i can pay into bank anyday) Apartment cost: 45000 Credit score kinda bad. My: Your Score 139 Very Poor Electoral Roll: Confirmed at Present 3 x Credit agreement all Up to Date 3 x Credit agreement Settled (1 of them paid today to Lowell 355 from 735…
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Unusual Mortgage
I am currently renting and looking at possibilities to buy. I am unable to get a mortgage as my husband was recently declared bankrupt and I do not earn enough on my own. My family are desperate to help me buy a property, as we are currently paying £1300 a month in rent. My parents have suggested they sell their property…
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Winnings as part of the deposit
Hello, Me and my partner have started our house savings and will hopefully saved enough by October 2015 for a deposit. However the first £3k saved was from an online bet my partner has won. Will this affect us? TIA
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Re-mortgage query
Hi all, I have a slightly odd situation regarding a re-mortgage and was wondering if anyone had been in a similar situation? I was able to get an mortgage for £112k under my name to buy my home with my parents 'gifting' me the remaining £110k. We decided to do it this way as although my partner and I had been together for…
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Can a mortgage lender refuse to provide a redemption figure?
Hi My fixed term with Principality Building Society ends on 30th June 2015 and I emailed them to get a redemption figure so that I can get re-mortgage quotes. They refused this request on the basis that they cannot account for unforeseen changes in the future. I have replied back with a strongly worded email but need to…
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Offset mortgage excess
We have an offset mortgage and are due to come into some money which will mean our savings will be greater than our mortgage. Not sure what happens in these circumstances. Will interest be paid at the mortgage rate on the excess?
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scottish amicable
hi Has anyone had a Scottish Amicable endowment that has matured in 2015. Just wondering how they are performing Many Thanks
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Mortgages for Limited Company Director
I am a limited company director with 1 years worth of accounts behind me. I'm looking to borrow approx 4-5 times my salary + dividend with 80-85% LTV. I had originally planned to wait until I had 2 years of accounts to show but I understand it may be possible to now based on only 1 years accounts? I seem to have a good…
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Getting a bigger mortgage?
Morning All, Just a quick question. I bought a house last June/July and have done a lot of work to it, I feel that it is worth more now than when I bought it, and need to pay off my credit card and a loan. I am hoping that I can borrow some more money against the current mortgage I have. Is this possible? Cheers OSO
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MSE Mortgage best buy tool vs broker?
Using the best buy tool on here seems to give a few options to try. What extra value would using a broker add ?
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Loan-to Value Calculation
Hello, I have a question about loan-to-value. If a house is worth £100,000 but sells for £90,000 is the loan to value based on the actual value of the house (£100,000) or the sale price (£90,000)? Thanks, Heather
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First time buyer
Hi all, Wondering if you can help? My partner and I are looking to buy a house in the next year or two, currently she is at university however I am in full time employment earning 22k pa. We hope To have around 15-20k deposit when we come to apply for a mortgage we are looking to buy a house at a maximum price of 100k so…
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Will we get a high street mortgage??
Hi, could do with some advice on our situation. We are currently looking to move house but I want to know what our chances are of getting a high street rate mortgage. We are looking at properties around 250K and would need 70%LTV. Here are our positives and negatives.... Positives * Our joint income is £75K per year * Our…
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high jacking
:o Hello everyone I need some help.. Sorry to hijack M&E but, don't know where to post.. can someone help? I have a question for hubbys mom needing care, she may have to be means tested for care either in home or at her own home with carers We need to know what questions they ask. where would I post to discuss this. Thank…
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Mortgage - current deal ending.
Can someone offer me some advice. We are coming to the end of our current deal with the halifax and spoke with them today. They said they are not able to match a quote I have from tesco for a fixed rTe for 2 years and they would be charging 200 a month for the sample term. I wonder how easy it is to move to another company…
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A few quick questions R.E. AIP & Overdraft usage
Hi all First post on the forums, so please go easy ;-) I wonder if anyone has any ideas they can share on the following (I appreciate that these questions might be best directed towards a broker but any ideas that people can share before I get to that stage would be appreciated)... I read that some lenders will not approve…
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Sayonara Mortgage
Well thanks to advice from the members on this forum (Dunston, Kingstreet, Valhaller etc.) I have been overpaying my 8 year old mortgage for some years and made the final payment yesterday; 17 years before the end date Cheers guys for the help :beer::j
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key worker mortgage?
Hi everyone, Does anyone know if Key worker mortgages are still available and if so how do you find out which banks offer the scheme? Thanks Jingles
