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Mortgage to by 50% of a house
I'm having trouble getting a straight answer from mortgage providers about my predicament and wondered if someone could help. I inherited a house that I own jointly with my sister. I now want to buy her half with my fianc!. I originally spoke to Nationwide about this a few months ago. They said it wouldn't be a problem,…
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Nationwide - another grumble
I have an existing nationwide mortgage and have just come to the end of my two year fix. 6 weeks before this I had a look at alternative products that they offered (yes I know I should have looked around) and found one that fitted what I wanted in terms of length of fix, interest rate etc. the only problem is that I wanted…
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Barklays family springboard
Hello. I've just got a couple of questions referring to the Barklays family springboard scheme as information online seems to be a bit sparse. 1). Can we move house with these scheme or is it strictly for first time buyers 2). It says that parents put up 10% and buyer puts up 5%... Can these percentages be different.?…
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Nationwide Complaint
Hi We currently have a mortgage with Nationwide, which we were looking into porting when we move, however they declined us on the basis that we both use our overdraft, we have credit now, we had credit in the past, and even though we are going to pay it all off on completion, the fact we have needed credit in the past…
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Is there a bank that will actually help?
Please excuse the way this is written as I suffer with dyslexia and righting letters is nothing short of a nightmare. Some years ago I sustained a back injury at a printers due to the amount of heavy paper I was lifting onto and off the machinery, this injury lead to long term sick leave and I was told that I needed an…
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First Mortgage
Hi, Apologies if this is old ground but could use some advice. Basically my fiancee and I are talking to Barclays and Natwest at the weekend to talk about what we can do mortgage wise and we're not sure where we'd start. We've got a deposit of about £40k due to savings the missus had that's she willing to dip into but we…
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First time buyer with 5 year old defaultany help please?
Hello all. I hope I have posted this in the right section. I am posting again just to see if anyone else has some advice or been Imin same situation. Anyway I wanted to ask a question regarding getting a mortgage with a 5 year old satisfied default. I have been to see a reputable local broker recently. I have advised him…
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Repossession shortfall
Hi guys I had a property that was bought for £81500 back in 2006 by myself and my now ex. We borrowed £97000 on a Northern Rock together mortgage. Anyway, I moved out in 2007 and my ex decided we wouldn't be selling as he wanted to keep the place. He always paid the mortgage because my wage was poor. He paid it until about…
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Please tell me there is hope
Little background I currently have mortgage with HSBC and never missed payment I have 3 ccj one for 1400 which will drop of records this dec Other two are from 2012 and totall £4500 (am paying all off at £500 per month and will be totally settled when sell current property) Husband is on fixed term civil service contract…
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General Application Questions
Hello Friends, I have a question which I wondered if anybody could shed some light on. My wife and I are about to apply for a mortgage (via a broker) on a house which we really like, that is at the top end of what any 'how much can I borrow' calculators say we could be allowed. I have my main bank account (which my wages…
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What next after a Final Charging Order
Hi All, Please excuse me if this is posted in the wrong forum. My family are owed a large sum of money from the sale of a property. This money was never paid and after much legal wrangling, we sued the person involved and they were ordered by the court to pay the money to us. They did not do this and therefore (again after…
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Advise for applicant on low income
Hello, I currently live at home and am looking to move into a home of my own! My salary is £17,500 basic. I believe that usually a mortgage provider will be prepared to lend 3.5 - 4x my salary. I have a £10k deposit ready at the moment, no outstanding debts etc and am keen to find out what value property I may be able to…
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Bad credit mortgage
We are looking to downsize our house. I have really bad credit, my husbands is not so bad. We will have a 70k ish deposit to put down when our house sells and we are looking to but in the region of £180k. Between us we earn 45k. Are we likely to get a mortgage? Can anyone recommend any brokers? Thanks
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Inter family mortgage
Me and my girlfriend have been renting off her parents for the past few years and they have offered to sell us the house for a reduced price. We are currently looking around and seeking advice as to what lenders are the best to deal with and is a deposit needed to do this?
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Removing the second person from a RTB mortgage
hello just some quick advice if any one knows? I live with my mother in an ex-council home. We got a council RTB mortgage with a credit union, we applied jointly to qualify for mums discount, but basically im paying the mortgage and we bought the house. However due to her poor credit rating she is impacting on my credit…
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First time buyer BTL
Hi all, I am a sole trader and currently living abroad. I keep my business and banking in the UK, and get my accounts audited by an accountant each year, and my income varies between £35-43k a year. I’ve saved enough for a house deposit (around £60k) and would like to buy in the UK. I can’t return to the UK yet for various…
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Family gift money for mortgage from abroad;
Hi all, thanks in advance for your help, my situation is as follow, i live and work full time for 10 years in UK. Have never been in high salaries, but always lived on low or no rent (guest to my brother), no dependants, no cars, no expensive lifestyle, so i managed to save atound £40K (estimated). My parents living in…
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Do Nationwide have a blacklist not linked to credit reports? (shared ownership)
I'm considering applying for a shared ownership mortgage with Nationwide - my Q is about whether Nationwide have some kind of secret blacklist not linked to credit reports?! Background: Prior to taking out an IVA in 2006 I applied for a current account with Nationwide, as advised by the debt charity helping me, as I had no…
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Re-submit the Application
HI One month ago I offered One property and got the Mortgage offer. After mortgage offer received, Seller cancelled the contract before Exchange. and Now I have reserved another property with the same price (just 5000£ is more). I approached the lender through an agent. Prices is 5K difference. Location is same. Just 1…
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Mortgage valuation question
Hi We have made an offer on a house and will be changing our current house to a buy to let. We need it to be worth £110k on the mortgage valuation for the figures to all stack up. Local estate agents have valued it at between £119 and £135. One of them said realistically we would be looking to get around £110 (who valued…
