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Having a larf..no Mortgage as next to Take - Away
Two flats in one freehold property in my village.Want to buy but cannot get Mortgage as its next to a Kebab Shop...heightened risk of fire I guess.I was going to insure them anyway....anyone ever heard of this before??Is there a Mortgage Broker who can rise above this stupidity with me please??:rotfl:
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Mortgage for over 60s
Hi. We wanted to buy a bungalow which we would move to in 12 months. Our house at the mo is worth £350k and £13k left to pay on current mortgage. We thought we'd get a 2nd mortgage on our property to buy the bungalow which was £175k. Hubby has a very well paid job so thought it wouldb no problem! What a joke... Since new…
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Best mortgage from own bank?
Old school people tell me this like i'm stupid: "You'll never get a better deal than you will from your own bank". Is that true in today's day and age? For example in my case (I happen to be with Barclays) Customer for 20 years My current account Joint Account Savings account Wife moved her account Credit card with them.…
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should I move morgage over to rental flat?
Hi, We have 2 properties and are planning to rent one out. We have 1 mortgage, currently on the flat we live in. Is there any advantage to me moving the mortgage to the flat we are going to rent out? Does it matter which property has the mortgage? I'm wondering if there is any financial benefit to having the mortgage on…
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Notice period and new mortgage
Hi all, I need help! Me and my partner signed up our mortgage over a week a go and currently going through the process of paper work being processed before valuation etc etc. However, I have been offered a new job on a permanent basis. this is £2k less than what I earn now but its closer to home so my travel costs would be…
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Effect of 1x recent late payment?
Hello all Long time lurker, first time poster as they say. :-) I am hoping to purchase a new build home from the developer - phase 3 of a large estate, I've been told house will be ready Nov15-Jan16 ball park. Some bullet-point details about me and this application up front: House price :£192,950 Deposit: 15% Loan:…
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Help to Buy Mortgage + Part Exchange - does equity = a deposit?
Ok, so my current house is probably worth around £75K, and we owe £55k on our current mortgage, so would be looking at around £20K in equity on our current home. We have seen a house that offers part exchange + help to buy (David Wilson Homes), and the purchase price is £150K, but it says that you need to have at least 5%…
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Can I obtain a mortgage in my circumstances?
Hi. I'd like advice as to whether I can obtain a mortage. I live in a 3 bedroomed (no fines) Council house that is valued at £70K. I can buy it for £20K. But can I obtain a mortagage and what type should I go for? I ask because of the following facts: * Current income at present £7K * I am 58 years old this year. I'd…
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New-build, mortgage and co-ownership
I have just seen a new build house and its nowhere near finished and will have the option of having the house done to my own specification in terms of wiring, plumbing, etc... The house will be 150,000 but Halifax are only giving me a 98.5k mortgage, i applied for this decision in principle through an estate agent. Am i…
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Trace an old mortgage
I had a mortgage a few years ago but in don't remember who it was with, how can i find this information to check if i am entitled to PPI? Thank you
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help needed
Looking for advice on an unconventional mortgage or way of financing a house purchase. My daughter has saved up £20000 towards the purchase of her first property- a flat costing about £100,000. She does not have a permanent job so cannot obtain a normal mortgage or qualify for any of the first-time buyer schemes. I am…
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Cashback or not?
Hi I'm hoping that someone could give me a bit of advice, I have been sorting my mortgage out at the end of it's current offer period. In my current circumstances I have decided to stay with the same provider and have narrowed it down to 2 poss options - a 5 year fixed rate at 3.09% (APR 4.4) with a fee of £499 and £1000…
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STRESSED OUT - need help
We decided to apply for a mortgage with Leeds BS, we got the DIP and sent off all documentation for full application. After 2 and a half months, Leeds are still saying they haven't had the right documents, they have lost my file 3 times. Leeds have made so many mistakes theres too many to list. We are now at the point…
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Scotland, do some lenders accept the Home Report Mortgage Valuation?
We are in Scotland. We accepted an offer on our house almost 3 weeks ago. We are expecting the buyers lender will need access to the property to do a valuation for their mortgage, but nothing yet. Do some lenders accept the Home Report with the Mortgage Valuation, and not require a separate valuation by one of their…
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To Mortgage or not to Mortgage???
That is the question???? A lovely housing development is being built nearby and we want to buy there. We have seen a lovely house, ready for January to move into and others becoming available over the next 18 months. We can get a mortgage and have a deposit but the catch is with our current home which we rent. The rental…
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your thoughts?
hi, could you let me know your thoughts at all. brother and myself have house in our names to be left to us, currently being valued but rough estimate approx. 220k I would like to buy other party out next year and own the property outright, however I have poor credit history. I have 1 year before bad debts fall off my…
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moving home help?
Hi all. Putting my house on the market tomorrow and hoping to move to a bigger house (bigger mortgage) i have A loan with halifax (£8k) i want to pay off from the equity i have in my house now which Will leave me just over 10% for a deposit (£18k House is £165k) My mortgage is currently with halifax and wouldnt mind…
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Comfirmation from lender just before exchange ?
Can anyone please tell me if its normal for a solicitor to hold up an exchange when everything is in place and all partys are ready and a completion date set for 3 weeks later, saying that they need comfirmation from there clients lender that money will be ready at day of completion before they will exchange ? Thanks
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Lifetime Tracker or 2 year fixed rate tracker?
Hi, hoping you can help me choose which mortgage is best for me right now. I am looking to remortgage to a better deal, but don't know which type of mortgage is better at this present time, i am looking at a lifetime tracker mortgage or a 2 year fixed tracker. which is the one to go with ?????
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How do remortgages typically work?
Hello, We're coming to the end of our first mortgage foxed period—a 2 year fix—so this will be the first ever time that we have remortgaged. What's the experience like compared to the initial application? Our mortgage was not huge and we had 49% deposit so it wasn't too traumatic to obtain, but it was quite long-winded.…
