-
Declined mortgage appeal
Hi, Went in to Santander today and applied for a 95% help to buy mortgage but we were declined due to having two missed consecutive payments on a catalogue last year. This was due to our daughter being ill and in hospital. We also missed one when she was born. We have appealed the decision and and are awaiting the outcome,…
-
? Flying freehold, Natwest mortgage. Is tthis an issue?
Good evening Any experiences or advice appreciated.... I am a first time buyer and have put an offer in on a house. No chain, the owner passed away. Mortgage submitted to Natwest, valuation booked for this week. The worry I have is the houses are a row of 4. The property I am buying is one of the middle ones. To access the…
-
Avoid early repayment charges?
I wonder if anyone can help me? We are moving to a new house. The chain is all in place: first time buyer - our house - new house (private sale with friends) - deceased estate. A completion date of August 1 has verbally agreed with our friends as they are moving to new jobs that start in Sept with new schools for their two…
-
Help To Buy for existing home owner - Advice Please?
Hi Guys. I currently have a mortgage which I took out in August 2014. I am looking to move some where slightly better and more expensive and noticed this 'help to buy' scheme. Just wondered as an existing mortgage holder, would i be eligible to switch to this? To make things clear, I have a cheap property, value around…
-
Is it possible??
Hello, I'm looking for a little bit of advice... Circumstances are; My Sister lives in a 2 bed terrace in Yorkshire in a house bought cash by her father in law 3 years ago. The deal was that they would save up a deposit in 5 years to get a mortgage and buy it from him. now my part.... I will be looking to move back up…
-
Santander Mortgage valuation undervalued
Hi everyone, we are wanting to buy a new build, in Northern Ireland, turn key, agreed price 99k. The valuation has come back after 2 weeks waiting, 95k. Im not sure what to do now, the developers said the same happened our neighbour (they are building in blocks of 2) but that they just paid the remainder themselves. I can…
-
Mortgage queries
I am looking to apply for a mortgage with my wife. We are looking at properties around £240k and hoping to negotiate down to around £220k. We have a £65k deposit that will grow over the next couple of months. We should achieve a LTV of 75% or better. Once the mortgage is up and running I am hoping to overpay by around £1k…
-
Selling - Mortgage Valuation
Hi I am in the process of selling my property. I have had the independent valuer around (my flat is a part buy part rent property and therefore have to get them out first). The bad thing with them is they under value properties. The have advised me to put the flat up for 265k however, I think it would sell for 300k. I'm…
-
Re-Financing Options ?
Hi I have had some great feedback from people here recently so hopefully someone can help again. As per my last post I currently live with my girlfriend who has a apartment that she got a mortgage to buy 2 years ago. Its now worth 85-90k and it was purchased for 70k, Due to a healthy deposit there is only 56k left on her…
-
Mortgages Allowing Builder Incentives
Anyone here with specific new build mortgage experience? I've seen a few folks on here I think... We're looking for a mortgage at the moment that will accept builder cash incentives. Buying with Barratt. Not sure what the incentive will be at the moment, stamp duty or deposit boost etc. Barratt gave us the contact details…
-
private water supply testing
hello, the valuer has requested us to test the private water and drainage supply... does any one have any recommendations? we have rang the environmental health to test the private water but the wait is 30 days:| we are already on the 13th week so don't really want to wait 30 days! I have also obtained quotes for drainage…
-
Juggling BTL mortgages
Hello. I'm looking for some help to think through something I'm planning for next year. My first and most important Q is this - when I come to find a mortgage broker, will a 'general' one be OK, or should I be looking for BTL specialist? The actual scenario is this. We own 4 properties, one we live in (X) and 3 we let (A,…
-
stressed re: maternity and mortgage
Hi all We have had a complete saga selling our home, journey of 2 years due to time wasters and people pulling out last minute. Fifth time agreed!!!! Anyway we are sale agreed hopefully completing in next couple weeks. We are hoping to buy a new build we have a deposit on, though think builders getting Fed up as we can not…
-
FTB Mortgage Advice
Hi I'm just looking for some advice about buying my first home. I've had a decision in principle from nationwide. I was wondering if it is really worth going via a mortgage broker to find a mortgage. Nationwide have said it's likely they will offer on a 5% deposit; rate of 3.99, £250 cash back in place of free legal fees.…
-
Mortgage/Loan Help request
Hello, I would appreciate some advice. I currently have a 2 bed roomed flat in London which I bought as a residential property for myself some years ago. Due to redundancy I now rent out the flat with the agreement of the Nationwide Building society and moved back to the family home. I have recently started back in full…
-
Can the lender pull out after the solicitor received the mortgage offered
I'm so worried as I got the phone call from halifax yesterday re: my mortgage offerd could be invalid. From the start I been straight forward with the give the lender all the fact. And now they had an issue with the way I get paid. What happened is that "Barking & Dagenham" council had made the carer that was employed by…
-
Mortgage with Small Default
Hi Everyone! Was hoping we could grab some advice. Basically we have just been turned down for a Help to Buy mortgage application with Nationwide :eek:. After declaring to our broker that we had no loans, repayments etc my girlfriend did not pick up on a tv she bought on finance a year back. She defaulted on the final…
-
Get a joint mortgage if partner is Spanish?
Hi, I am English but my partner is Spanish, can she apply for a joint mortgage with me in the UK or would her nationality be a problem at all? She has been living and working here for 2 years. We are getting married next year, would that make things easier if it was a problem at the moment? Thanks
-
Further advances with your existing provider
Hi all, Our discount term is up in August and we are looking to take on some additional borrowing when we remortgage. Our current provider has suggested taking out a mortgage based on ONLY the current balance. Then applying for a further advance with them for the additional borrowing. This would obviously give us a better…
-
Remortgage advice - Decent brokers out there?
Hi I know that I am not a fabulous potential customer as I only earn £23k from part time employment, £5k through tax credits and child benefit have two small children and am 45. I have a secured loan of £26k and credit card debts on 0% cards totalling £8k. I have a house worth £200k and a mortgage with GE Money of only…
