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HSBC nightmare - avoid avoid!
So I got an agreement in principle, found a house, got the price down so I needed less than my agreement in principle by some distance so really should be simple. Applied in branch, seemingly nice mortgage adviser was more than happy to put my app in, put my appointment in to sign everything there was no indication there…
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Mortgage on fixed term contract?
Hi everyone! I was wondering what my chances would be getting a mortgage on a fixed term contract? I was with my company since 2013 through a recruitment agency then secured an FTA which was due to end this month but we have been extended til June 2017. I have a 45k deposit and earn 27k, a house iv seen is 135k. i have no…
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Can a name be removed from a house/deeds.
My son is divorced. His ex is still living in the marital home, but the mortgage is now paid off. She lives there with her husband, young son and daughter, the daughter is my sons daughter. As the mortgage is paid off, how does my son stand?Can his name be removed from the house/deeds. Sorry if I haven't explained things…
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Can I change from my mortgage offer?
I have had a mortgage offer from Halifax for the house we will be buying in July but do I have to stick with this mortgage? I have previously been to a mortgage consultant who has recommended this mortgage but I have seen better looking mortgages online. If I apply to one of these then would it effect my offer? Can I still…
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Mortgage for off plan new build
My broker is applying for a Halifax mortgage, apparently the offers can be valid for 9 months in these situations. I have to put a 5% deposit down in the next couple of months and exchange, whilst the property is completed in January next year. My broker says this is perfectly normal. I am paranoid that the lender could…
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Product transfer with current lender
Hi, I am looking to product transfer with my current lender to a new fixed deal. My partner has a CCJ from last year and therefore we are unable to re-mortgage with a new lender. Will lenders arrange a credit check ? We are not looking to borrow any more, just would like to fix to a new deal. Also, if the lender does a…
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Keeping mortgage if selling house & moving abroad
Hi all, I wonder if anyone can give me some advice. I have a cheap fixed mortgage (1% permanently fixed just prior to the financial meltdown). The issue is, I am now selling my UK house and buying a property abroad but because the UK mortgage is so cheap, I would prefer to keep paying this (rather than paying if off from…
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equity release from mortgage - how to calculate it theoretically
Hi Forum, I hope you can help me. I am totally puzzled how equity releases/withdrawals from a mortgage work. Spent hours on the phone to banks and none would tell me the mechanics, I would have to make an application. Not really helpful as I need to understand the mechanics, how one can calculate it. Suppose I buy a first…
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Mortgage application with almost expired CCJ
Hi guys :) Is it possible to get some advice from you lovely people, please? This is a bit of a long one - sorry about this. Hubby and I are looking to move next year and timing is a bit of an issue as we're hoping to coincide it with our eldest going to secondary school, as we will be starting to look at schools in…
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Probation and remortgage
My boyfriend and I would like to remortgage this year, as there are so many great deals around. Our current fixed period ends in late August. Both of us changed jobs in 2015, so I am wondering if this is likely to be a problem. I will be out of my probation period by then (I already am in fact), but he won't be until early…
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Pay off my mortgage
Hello, I. Have recently had an inheritance and want to know should I pay off my mortgage .It is only a little one £10000. I pay £105 per month .Should I pay it off or not Thanks for any help .
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Mortgage ending but trouble raising new one
Hello, I'm writing this on behalf of my Mum. Her interest only mortgage deal is coming to an end early 2017. Although she has an excellent credit reference, a healthy income and about 75% equity in the house she is in her late 60's and her age is apparently against her when trying to source another mortgage. The current…
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Buying my spouses house
My wife owns a house in addition to our home. If I wanted to buy it from her with a mortgage (BTL) would there be any issues with this? Do lenders have any interest in who the seller is? TIA ikorodu
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Additional Borrowing Dilema
We have hit a brick wall with Santander in terms of releasing additional borrowing to complete the renovation of our new house and need some advise please. A bit of background....... We sold our old home, for £360K which we had a mortgage with Santander with for 10 years. The sale released equity of £130K. We then…
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Complex situation but need mortgage for Italian house
Hello, this is my first post so sorry if this is the wrong place to ask. It is quite a complex situation but I will keep it as simple as I can. And if anyone can help I will be so grateful. I am a UK passport holder but moved to Australia 10 years ago to take up a post at a university where I still work. My wife is Italian…
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Sole application, current house sale in joint names with ex...advice needed.
I am single and have an agreement in principle for a mortgage, so have put an offer in for a house. My current house has sold, funds are yet to be released. The house is owned in joint names with my ex husband ( we are not divorced but live separately). The deposit for the property will be partly made up from the equity…
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Valuation £20k less (Nationwide)
Hi all, We're first time buyers and recently had an offer accepted on a £220k new build property. Mortgage application has gone off with Nationwide and the valuation has come in at £200k... Problems now exist with mortgage amounts, or we need to fork up extra deposit of £13k roughly. Now, the estate agents are adamant that…
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Received mortgage offer today for new build ready in September >>
We are due to sign the missives next week, but I am wondering what happens if I sign the missives and the lender withdraws their offer? Can that happen?
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Current account switching = bad rating?
Hi, My bank has called me in to talk about upgrading my current account which made me realise some of the different offers available (and the switching bonus for those not offering much more). Would opening a bunch of bank accounts in a year make my credit rating really bad for remortgaging etc? Some things I can think: -…
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Mortgage after reposession
Hi, Two years ago NRAM repossessed my property after we fell behind with our payments. After NRAM sold the property, we got a letter from them to say that we owed them £45,000. After about a year of going back and forward with NRAM, they finally accepted a full and final offer, we paid them £11,000 and they wiped the rest.…
