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Credit Card for better LTV?
Hi, We are looking to move house. Our finances are in good shape and we have no debt apart from our current mortgage. We don't enough savings for the moving costs - solicitors, stamp duty etc so could use some money from the equity of our current property to pay for these, however that will push into a higher LTV bracket.…
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Any Potential Troubles Ahead?......Helping a Friend with Buy to Let Mortgage
A close friend has asked if they could put me down on their BTL mortgage application for better interest rates apparently. I have no financial interest in the project at all and won’t be contributing anything towards the deposit. It’s literally just my name on the mortgage. I would like to help her. I have no doubt about…
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Mortgage after bankruptcy
Has anyone got a mortgage while their bankruptcy was still on their credit file? If so details please
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Additional borrowing with Halifax
My husband and I have applied to borrow an additional £40k on top of our mortgage for home improvements - we already have £17 k saved up. Even with this additional borrowing our LTv is about 60 per cent, we have excellent credit score, no outstanding debts other than the mortgage. I am self employed and my husband is…
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Mortgage valuation rejected
My friend is purchasing one bedroom flat in Tolworth area for 256K. Because she is not very good at English, I was from time to time involved in the process to help her. The mortgage advisor assured many times that she can get the mortgage confirmation within a week time as she has a close connection with the H bank and…
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Retained Mortgage Offer
I'm in the process of buying my 1st house with my fianc! and have had a retained mortgage offer based on what 2 independent surveyors have told us is an inaccurate report from a damp contractor who were recommended to us by the mortgage broker. Based on this the mortgage company have made and offer of a retained mortgage…
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Mortgage after Trust Deed
Really hoping someone can give me a steer on Scottish conveyancing and Trust Deeds. I have read so much online but it all talks about IVA and has left me confused: 1) is it possible to get a mortgage after Trust Deed? I had mine protected in Nov 2008 and was discharged in March 2012. 2) I know it is no longer visible on…
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FTB Mortgage application with Halifax
Hi, Thank you for replying in advance. Me and my partner submitted a full application 15th May through a broker. We gave my partner 3 payslip, proof of address, proof deposit and passport. Couple hours later she rings me to say she spoke to the senior under writer and they said their happy with the application and there…
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First time buyer
hey there i'm looking for some advice. Me and my husband are currently renting and our landlord has to sell our house and so were are considering buying it. However we cannot afford to save a deposit due to the fact that my husband is the only one working in the house as I am disabled. Though making the repayments is not a…
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Shared Ownership - how long did it take to sell?
Hi How long did it take you to sell your shared ownership property? Was it high in demand or did it take ages? I have a SO flat to sell @ 25% - execellent condition. Thanks
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interest only to repayment misselling
Hello, until 2014 I had an interest only mortgage with Lloyds. I have had mortgages with them from 2001 (approx £45000), with the most recent move being in 2007 (£130000). These varied in type, but settled on interest only in 2007. At the time I was actively looking at the mortgage as 'rent' and assumed I would work until…
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How to find a (good) truly Independant F.A?
Hi. A friend if mine is looking to apply for a mortgage so I asked him to consider using an IFA who is 'whole of market'. He said the adviser he is currently talking to has said that my friend can split his fee with the eventual mortgage provider. Am I right in thinking this doesn't sound very 'whole of market'? He told me…
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Length of Mortgage Offer / When to Apply
I will be looking for a mortgage shortly in order to buy a house. I have it in my head that most mortgage offers are valid for 3 months, is this correct? I am not certain I will find a property in the area I require in that time scale. If I don't and the offer expires, will I need to complete the application again? OR…
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Moving house mortgage questions
Hi All, We have never moved home before so please accept my apology for the probably stupid questions! Here's our story.... We are currently on an NRAM Together mortgage and owe £56,000 on the secured loan and £10,000 on the unsecured loan. Initial terms of our loans were: 30 years on both (I think). We currently pay…
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First offer made however........
Hi, I made first offer on the property we like which is 12k less than asking however the estate agent is now asking me to email over the Agreement in Principle. Surely I don't do that as they would be able to see my details etc.???? Should I not just give advisors details or tell them to contact the lender?
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NRAM have sold my mortgage
Just received a letter from NRAM (government owned) telling me they have sold my mortgage to Tulip Mortgages Ltd. (when I do a search on them it looks like only been trading for 7 months. As they are not a bank or building society will they be able to change my interest rate etc. This will be managed by Pepper (UK ) Ltd…
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NRAM Consent to Let
Good afternoon all, I have a NRAM consent to let mortgage and am in the process of buying a second property. However the new lender has asked to see my mortgage statement and it does not state on there anything about it being consent to let. Is this correct? I don't want to pass it to them if it is wrong and jeopardise my…
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HTB Equity & Incentives
Hello, My wife and I have found a developement and possibly a plot that we are interested in. Before we go see the sales advisor I was hoping to get some advice. Is it possible to obtain a discount on price with HTB Equity and also it it possible to obtain incentives such as stamp duty paid, legal fees etc on the HTB…
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Inherited house mortgage
First post so hope it's in the first place My partner has inherited a house that has about 15k mortgage left, can he move into the house and continue with the existing mortgage product or would he have to apply for a 15k mortgage? Thanks for any help
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How to find a (good) truly Independant F.A?
Hi. A friend if mine is looking to apply for a mortgage so I asked him to consider using an IFA who is 'whole of market'. He said the adviser he is currently talking to has said that my friend can split his fee with the eventual mortgage provider. Am I right in thinking this doesn't sound very 'whole of market'? He told me…
