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Investment options , Higher Deposit or Debt Clearance
I wonder if anyone could advise on the following. Our home is due to go on the market and we expect to sell for approx 250k. Current Mortgage is approx 130k. After sale we should have approx 117k. We are moving into rented accommodation for at least 6 months and as such will be looking to squirrel the money somewhere safe.…
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What are my chances...?
Hi there, Really sorry, I probably already know the answer but am looking for some advice. I now live with my boyfriend (since January of this year) and he owns his flat which is worth approx £145k. He put down a significant deposit of £25k for this, 2 years ago, so should have some equity. He earns £70k a year and I earn…
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help stupid gambling husband
Hi help quick back ground. Dh has been gambling excessivly since march 14 and trying to cover it up from me but putting it on his credit card need less to say I have found out. we are due to come out of a fixed rate mortgage end of june this year.we will have £93400 left on a term of 16 years for property value £147000. I…
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Right to buy outright purchase options
Decided to abandon the idea after realising what it would entail by fellow posters. The dream was nice while it lasted. Richard
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Joint mortgage with my son
I own my house but I am going to sell it to pay off my debt (50000) on credit cards. I will have enough left to go and buy a house with my son half and half. My half with the rest of the cash from my house.My question is will they take into account my previous debts which I have never defaulted on when considering his…
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What are my options????
HI Guys, :beer: It's been a while since posting here and was a newbie the last time I posted... Anyway I wanted to research what are my options with regards to my situation as I'm unsure what to do. The Situation: I'm currently renting with my wife and we've decided to move back in with my parents and grandmother. The…
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Advice on my plan please
Im looking for a little guidance as to where I need to be in about 18 months time, where I intend to buy a 2nd property. My current situation Recently moved in with the in-laws and have our flat being rented out. Aiming to save about £30k over the next 18 months, add this to our long running savings account which we can…
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Turned down at BM Solutions & Mortgage Works!! Help please
Hi people. I was approved for a mortgage with BM Solutions 4 weeks ago. All was ok and I passed both decision in principle and then the full application. I was waiting on a value on my house (paid off) to raise funds on the new house. I did not hear anything so I contacted them for a update, I was then told sorry we have…
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Nationwide Mortgage
Hi, I have a Nationwide Mortgage which at the moment I am overpaying by £500pm. It is a fixed mortgage which will end in June 2016. Hopefully I will be able to pay the full outstanding balance by June 2016. Regarding redemption figure - Is it possible to obtain that in branch and then pay by debit card? Thanks MS
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Mortgage Application following AIP
Hi, I am new to the forum and I am looking for some advice (reassurance - help)! My husband and I received an AIP on Monday and were extremely lucky to find a house and have an offer accepted all in a week (its been a whirlwind). We received our AIP via a mortgage broker who was nicely surprised (due to my husband being…
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Ft mortgage broker or high street?
Looking to buy house value approx 100k. Salary 40k. Only credit is cc paid in full monthly no more than 25% used at any time limit 2k. All up to date payment wise. Only negative on credit file is a ccj that drops off September 2016. Already have 10% deposit saved looking to go to skipton as they only need 10% deposit. Just…
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Santander Mortgage Exit Fee
Hello, Could somebody confirm the current Mortgage Exit Fee amount on Santander Tracker mortgages please? I can't seem to find it anywhere but someone on here mentioned it may be £225, which seems a bit high.
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Trouble getting a mortgage due to Default Notice
Hi all I have had a default on my credit file since 2012. It was my Tesco CC and they defaulted me on £24. I came to an agreement with them to settle my CC and this was done within 6 months. However, I have requested that they remove this from my file as Im trying to get a mortgage but with no luck and they have point…
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Concessionary Purchase Lenders
Afternoon All and Happy Easter :easter: You may remember from my previous posts (can't post link - sorry) that my husband and I are planning on buying a house from my MIL, who will be gifting 10% of the purchase price to us as a deposit. I'm reliably informed that this is a concessionary purchase/family discounted purchase…
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2 Year Fixed Rate - Is this a plan (or what)!!
Hi all Hoping to have most of my mortgage paid off by December 2017. I have around 63K outstanding and current 5 year fixed rate runs out end Sept this year. LTV is around 35%. My endowments are due to mature in Dec 2017 and I should be able to make around 10k- 15k overpayment this year (this is a one off - wont happen…
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Overpaying on NatWest Mortgage - Paying online?
Hi, I have just started a two year fixed product with NatWest. I wish to overpay, and have set up online with them a regular overpayment amount. I wish also to throw smaller sums as and when at the mortgage. (Don't worry, going to get nowhere near the 10% before fees kick in.) My question is this: Does anyone have the bank…
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Remortgaging to get cash to buy another property outright
So we are looking to buy my parents-in-law's property as an investment and for them to live in the property for the rest of their lives. Its valued at £70k and we are looking to remortgage our house taking it up to 74% LTV to get an additional £50k we need to buy their property outright. Is this something which can be…
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Lender interest on insurance-help!
Hi, Happy Bank Holiday everyone.. Hoping someone can help! I need to get home insurance for a house I'm due to complete on the 17th April. My solicitors have said the policy needs to note the lender's interest on it but I am finding it near impossible to do so! Direct line say on their FAQ's they will let you enter it on…
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First time buyer - conveyancing advice needed!
Hi all, Myself and my partner have just had an offer accepted on a property and have an appointment on Wednesday with the Post Office to start the ball rolling with the mortgage. They have informed me that when it comes to appointing a solicitor/conveyancer that unless they are on their approved panel of solicitors then we…
