-
Halifax mortgage - valuation instructed...anyone else waiting to hear?
Hi all, Thanks for everyone's help so far on our mortgage application. We both self-employed, really wasn't sure we'd get a mortgage but have had AIP from Halifax, now full application is submitted & valuation is next week! Still not celebrating quite yet until it's all signed & official but hoping for good news! I've seen…
-
Average Credit - some advice pleas....
Hi all. Any advice appreciated re: the below scenario. Myself and my partner currently own our home (mortgaged). Value is approx 270k. Mortgage approx 170k. We have approx 15k of debt built up over past 3 years from unemployment/child etc. We are both employed now and have been for 2 years. Total income combined 42K. My…
-
Basic mortgage question re. existing debt...
Hi Hopefully an easy one for somebody to answer for me; I had a default on my credit file that dropped off in Feb 2015. This was related to a disputed debt that still remains, however not on my credit file. When it comes to a lender doing a 'search', is it merely a search of my credit file or will they still have access…
-
New business-partner mortgage
Hi Until a few weeks ago I was a regular employee, but I have recently been made a partner in the family business. The business has accounts for 20 years, but I don't. Are there any mortgage providers who will lend to me? Unfortunately, I checked with London & Country before quitting my job, and it now appears that they…
-
BTL Mortgage of below £50,000
From memory I'm sure there are a few lenders who would lend amounts below £50,000 but can't recall who they are, can anyone help?
-
Another FTB
Hi all, Taking our first steps to property ownership having rented for a long time. Been going ok so far, but it is a slow process, well for us anyway. We have been going through L&C and have had a DIP from Post Office / Bank Of Ireland, Mortgage company have all documents, (although they have just asked for mine and OH…
-
Borrow more on mortgage to finance startup?
I've been working on a side project for several years which I now want to work on full time and quit my job. The project has longer term income potential but I won't be making an income for at least the first 6 months and probably longer. I can't keep working on it and my full time job without burning out. My new business…
-
Processing Time for Tesco Mortage
Anyone have any experience with Tesco mortgages? They have said it can take 8-10 weeks but we really need it to come through in 7 weeks - thanks in advance!
-
Endowment matures 1 month after mortgage is due.
I will contact my bank today but I was wondering if anyone else has had this problem? I have two endowments. One is payable in May but the other is payable in July. I know I should have double checked but have only just realised this. The mortgage is due in June. (P.S. The endowment, of course, doesn't fully cover the…
-
First payment of new deal question
Hi all, My fixed deal ends at the start of next month and I have a new deal pending. However, the lender advised that they would still take a payment at the previous rate in May, as they take payments in arrears. Is that correct? I cannot check paperwork atm - as decorating, so not accessible - but fairly sure I paid a…
-
Is a second mortgage offer possible?
Hi I have went through a broker and have a mortgage offer and a planned completion date of May 29th. I have now saw a cheaper rate direct from another lender, can I make an application with them and hold the two offers st the same time. Will the second lender mind that I already have an offer in place?
-
Proof of funds for broker?
Hubby is dealing with the broker. He says the broker needs proof of funds. Does this simply mean proof of the deposit? Or does the bank want to see proof of all your savings so it can see that after the deposit you have plenty savings left and you are not pushing yourself too much in terms of affordability? I know we…
-
Comparison Sites Vs Broker
Hi all, Sorry if covering old ground. I have approached a broker and got a AIP however I have seen better deals through sites like this one. I am a first like buyer with a perfect credit/work history with no complications and want my sale to go as quickly as possible. Any mortgage applications should be straight forward.…
-
loan as deposit help..
I know not many lenders out there are willing to do this, santander are one of the very few.. but i want to know if anyone else has went down this road or been in the same position.. Been accepted for a 15k loan with halifax bank with repayments of 217 for 6.5years, planning on using 3.5k to pay off existing credit card,…
-
Full mortgage application submitted today by broker...
Sure I saw a thread like this before but not sure where it is gone. 20/4 Had our offer accepted on a house we love 22/4 Scanned in bank statements/ID/accounts/proof of funds etc to broker 23/4 Decided to go with Coventry BS so told broker to go full steam ahead today. Agreement in principle received and full application…
-
Need help on how to arrange life insurance in Trust
I'm arranging life insurance for myself and my wife and in need of a little help with it. I wanted to put the life insurance into Trust which I have read is a good idea to avoid paying inheritance tax on the payout which is intended just to pay off the mortgage. It seems simple enough to arrange the policies, I was…
-
Neg Equity in NI-any other options with cash to put down
We are 8 yrs into repayment mortgage & thinking about how we can move. Bought house in 2007 for 187,000. Now mortgage is approx 158,000. We are in huge neg equity- prob 70-80 grand! Ulster Bank/RBS mortgage. We are in a small town in Northern Ireland so prices have more than halved. We want to move somewhere closer to my…
-
Mortgage payment
Hi, my mortgage payment is due on the same day as my house sale will complete. Might sound daft but will I still have to pay it? It will be collected by d/d on the morning the sale goes through
-
Any experience dealing with Dominion homes ?
Hi, Just wondering if anyone's had experience dealing with Dominion Homes, in particular in relation to their resales department ? They seem to be an agency that took over shared ownership schemes from certain housing associations. I'm trying to buy a shared ownership flat through their resales department, and they are…
-
Nationwide releasing of funds
Hi I have had a text off nationwide saying there releasing the funds on the 28th april. What time does nationwide usualy send the money to the solicitor on that day?
