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Accidently screwed (ish) my credit file - need further borrowing w Nationwide. Help?
(I've posted this on the credit file board but think it might be better here as it's specifically about Nationwide mortgages... would be very grateful for any advice!) We have a Nationwide mortgage approx 7 months old (with two other products several years older than that - ported mortgages - but the newest product is 7…
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Divorce: Higher education fund for children
I am living in separation and seeking a divorce. We have two adult children in higher education, (one in the UK, one in the Netherlands) for probably another four years. I have been the main bred winner and always paid for the house, car, mortgage, holidays, children, education, ..., etc ... etc Our main asset is a house…
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Nationwide Nightmare- help needed!!
I am a first time buyer who is buying a house in Scotland. In my error I have applied to Nationwide online as they hold my deposit ISA and I've been a customer for 13 years. After my application was processed I went into branch with all the relevant documents- I have now found out that these were incorrectly scanned onto…
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ccj and wanting to apply for a mortgage
Myself and my part are currently saving for a deposit to buy are first home, recently I did a credit report for us both and it came up that my partner had a ccj from 2012 we have no paid it (511 pound ( and are awaiting for it to show as satisfied, My question is will we struggle to get a mortgage ? I find it all so so…
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Chance of 5 times salary mortgage
Dear all, Joined this forum hoping to get a view on my chance of getting a mortgage. Below is my circumstances: Buying a new build at 525k (Freehold), with 250k deposit and need a mortgage of 275k, meaning LTV of around 52.5%. The amount I am hoping to borrow is above 4.5 times of my annual salary, just shy of 5 times. My…
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FTB Life insurance advice.
I am wondering we have a mortgage going through and an offer accepted etc. the offer accepted is 132k and we have a mortgage for 110k and the rest we have as a deposit. when it comes to getting life insurance do we need to cover the mortgage value (110k) or will we need to cover more for any kind of interest and so on?
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First Time Buyer Mortgage Advice needed!
My boyfriend and I are looking to buy our first home! Our budget is around £270,000, we have a £50k deposit and have a joint income of £68,000. However, my boyfriend has a late payment on an Argos store card from January 2015 (this year). Will this effect our chances of getting a mortgage? His father was in hospital after…
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Question on max mortgage
Hi I have a quick question. My OH will be a probationary teacher next year on £22k and i earn £41k. Is a £230k mortgage out of the question? We have no debt and good credit scores etc. Or would we need to wait until OH had a full time permanent position? Thanks in advance
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How far does a paid Mortgage Broker go?
Hi, This may seem a bit of a silly question.. but how far does a fee charging mortgage broker assist you along the buying process? Do they just sort the mortgage until you get an offer? Or do they also help do the chasing with solicitors, estate agents etc until the very end to exchange and completion of the house? many…
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3 way mortgage with family
Looking to buy a property with son and daughter. Property has 3 houses on land for £700.000 .Husband and I have £300. 000 deposit. Would it be possible ( they earn enough) to have a £200.000 each mortgage to join in with us? How would it work and where could I get advise ? would we need to included in mortgage? Thanks
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LTV ratio question for the mathematically challenged!
Hello everyone, I have a really daft question to ask. The type of question that probably means I'm not safe to be let out on my own to buy a house... I'm looking to buy a house for £95,000 with a 10% deposit meaning a mortgage of £85,500. I'm trying to calculate how much I would have to pay back over a 2 year fixed deal at…
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HSBC - Mortgage/Home Owner Loan Confusion!
Hello all - I'm in the process of remortgaging from HSBC and looking around for the best rates etc. When i initially got my current mortgage from HSBC I got some additional money on top for home improvements. Now my fixed term is up I have realised that HSBC have split the money I borrowed from them into 2 separate…
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Any chance of a mortgage?
I am really hoping someone can point me in the right direction. I will be 74 next birthday. I was previously a homeowner. I have had two mortgages over the years each was paid off. I have a clean credit record. I sold my last home in 2005 and have been living with a relative since caring for them. Circumstances have…
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Polysterne bead installstion holding Mortgage back
Hi, We are first time buyers in scotland and after saving up a deposit we have finally found a home that we would like to buy. Everything was going brilliantly - mortgage agreed in principle, verbal offer accepted and we were about to procced with the formal offer however I noticed the following on the home report and had…
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How difficult will it be??
I'm looking to move and will look for a broker but looking for advice on whether this is doable: - looking to purchase a house for ~£800K. - we have a 40% deposit, money for all expenses and a £50k emergency fund will be left. - salaries and bonus approx £210k between us. - I have a car loan with about 4.5k left which…
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Getting another mortgage offer?
Hi I have a DIP for Nationwide through a mortgage broker. I have found a house and ready to progressto full application but my mortgage broker has gone AWOL! Not replying to calls or emails. Not happy as we are going to get charged £1k for his services!! So was wondering whether to speak to my previous mortgage provider…
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Offering more than valuation?
im looking at purchasing my first home. Have found the property and it needs a lot of work, walls moving, kitchen, bathroom and windows so a good bit of work I'm prepared to invest to get done. Due to the amount of work it's on for a lot less than neighbouring properties which on average sell for around £30k more. The…
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Lender 'Demographic'
Hi All, I know that some lenders have a 'Demographic' and that you must fit a certain profile for them lend to you. I am specifically enquiring about HSBC (but happy for you to give me demographic data for other lenders too). Are there any employees on here of HSBC or mortgage advisors that can tell me what HSBC's…
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10 Year fixed a wise move?
Hi all, Just after some advice really. We are currently on nationwides BMR 2.5%, all this talk of interest rate rises has got me thinking about fixing. We currently have a £152,000 left to pay with 24 years left on the term. We also overpay by £300 a month and approximately £5000 lump sum every 2-3 years. In my position…
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porting my mortgage
Hi All, In need of some advice please. I currently have £64.5k mortgage on an house I've just sold for £155k. Our new house is £125k and I've asked my bank (Santander) whether it would be ok porting my existing product. Everything seemed ok with the first adviser but now its been passed on to the next stage i'm starting…
