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Don't know where to start
Hi everyone, I have recently managed to secure my first ever permanent job contract but I am now at a loss as to where to start with mortgages and house buying, or whether I should just give up the dream and rent privately. I have a decent amount saved up for a 5% or even a 10% deposit, but I am not sure whether it will…
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What's the best short term option?
Hi all, Someone suggested I post here to get some help. I have a v.good 2yr tracker deal atm and was going to overpay the savings back into the mortgage every month. However I am torn because I don't understand the impact the overpayments will make. Although there is higher interest to gain - @ c2%, it's got to better to…
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Is there any point applying for a mortgage now?
My husband and I now earn reasonable salaries and are managing to save quite a bit. We've saved up around a £20,000 deposit. But it hasn't always been like that and it's making me worry we've no chance of getting a mortgage for years. We've both worked hard and haven't spent lavishly but for a long time neither of us have…
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What will this mean in 2016?
i have posted on the debt free board but now wanting advise on mortgage to been advised to post here :-) So after a long hard look at our finances we have resigned ourselves to accepting that we won't be applying for a mortgage till late 2016 however I have a question on our credit report. Last year we took our a provident…
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Mortgage required
We just just had an offer to buy a new house accepted for £460k. I have around £365k in cash and shares which I can use £325k up front towards the value of the house. This will leave around £135k as a mortgage required. Ideally I would like to go for a 10 year fixed rate mortgage.Any idea what mortgage will suit me and…
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Are we dreaming?
Hi we currently have 49% equity in our house that we have sstc. The amount is enough to clear all debt, pay all fees put down 15% deposit on the new home and leave a few k for some home improvements. The massive problem is I forgot to pay a mail order a/c a few times & once in 15 years typically this year went over our…
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Can my mum and I get a mortgage for a house for my parents to live in?
Hi, Bit of a reverse of the bank of mum and dad question. My dad has just retired and my mum has about 8 years left till retirement and is working part time. They are currently renting and have about £40k to put towards a house / flat. This would pay a 40-50% deposit on the size / type of property they would like, and I…
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HtB Equity Loan Question
Morning all, Hoping for some advice, seems like a simple question but after some googling I can't get a straight answer, and you ladies and gents are the only ones I suspect will respond quickly on a bank holiday! I'm looking to buy a new build property via the equity loan help to buy scheme, but I just need to clarify the…
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Completely confused credit file changes and impact
Morning All first time post so please be gentle. My husband and I are FTB a few weeks ago we had an offer accepted on a house at which point we asked London and country to source us a mortgage deal. We are looking at LTV of 95%. They recommended a deal with the woolwich which we got AIP with but then declined because of a…
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Likeliness of obtaining mortgage as young career starter?
Hey all, So out of school and I have been employed for the last 2.5 years with the same employer. My question is, is it too early to start looking into obtaining a FHA mortgage as a first time home buyer with little (considered to many) credit history and earning history given my back ground? First, I have been making…
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Mortgage, IVA and Equity
Hi there Sorry if my query may have already been answered. I have an IVA, it is due to end in 2017, but I am desperate to move. I own my home with a mortgage. My IVA practitioner has already stated that they will not need my home to be remortgaged. I need to move asap since I live far away from where I work and my child's…
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HMO mortgage options
Brokers have contacted me now so I have deleted this thread
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mortgage payments
hi there, 1st post be gentle :D just remortgaged through halifax and was wanting a bit of info re payments etc bit of back ground, mortgage done through broker, and requested payment date of 1st of each month as per our previous mortgage, mortgage was only completed on 28th april.. and paying £489 a month i was expecting…
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How long till we can apply for a mortgage
Returning from living in Europe. Thinking about our next moves ... DH is a limited company contractor - turnover over 100k pa He has been working in the UK & commuting weekly since dec 2014 He has worked in the same field UK & abroad for over 5yrs on either limited company contractor basis (uk) or self employed (Europe)…
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personal loan to buy house
I am moving house and have the bulk of purchase price from house sale but am a bit short can i make up the shortfall with a personal loan or is that fraud. Would appreciate any advice - thankyou.
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Mortgage Application worries
Hi there I may be worrying over nothing but we've found a house and want to put in an offer. I want to make sure the Mortgage Offer has the best chance of being accepted. Our Experian and Equifax accounts are squeaky clean My current tracker mortgage is at a ridiculously low rate of 0.88% (0.38% plus base of 0.5%) I’ve had…
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Porting HSBC Mortgage
I have a good rate with HSBC and want to move it to a new build Current Property Value 85k Balance 60K Looking at new build for 85k Is it as simple as porting over 60k balance and 25K deposit onto new build? Will HSBC need to do credit check, had not issues with mortgage for the 10 years i have had it Thanks in advance
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How long do I need to be employed before I apply for a mortgage?
Me and OH are looking to buy a house, we are short on affordability as I am currently SAHM. I will be going back to work soon after a unpaid career break and wanted to know how soon a lender will consider my income for affordability? I have a potential job lined up which will be permanent from the start. Do I have to work…
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Is it a financial advisor I need???
Hi I need financial advice but when looking at whether I need one, how to get one etc etc - it is with the view you are buying a product. I'm not sure whether I will be needing a product yet as I need general financial advise (should I sell, downsize, stay put, debt advice etc etc. Who would I turn to ? I have many…
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No credit record, no mortgage
My (second) wife's son and dtr-in-law have been working abroad (EU) for years (both IT specialists/web designers). Now that they've just had their first child they are going to come over here (near delighted Grandma), where dtr-i-l has a job offer and son has no worries about having a choice. I asked my bank about them…
