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Mortgage offer renewal rejected due to late payments
Hi MSE, My Fianc!e and I started the process of buying a new build flat at the beginning of the year using the Help to Buy scheme. Everything was going perfectly; our initial mortgage offer went through without a hitch, we exchanged contracts, and we've been playing the waiting game before completing in September/October.…
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First time buyer mortgage after career break!
Hi All In 7wks I'm about to complete a 4.5 month career break. I'm still employed by the Local Government as I negotiated unpaid leave (approximately 3 months) once I had used all my overtime and annual leave and will be returning at the end of Sept. I earn £28,750pa, have no debts and a excellent credit score (the last…
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Pulled Out of Purchase, What If's for new search?
Hi Pulled out of property purchase a couple of weeks before exchange. Mortgage offer on the table etc. It is with Natwest and valid for 3 months. I believe it can be extended for up to about 6, but could someone help me with: 1) What happens if we find a new property within the 6 months that is more expensive than the old…
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Sole Name Mortgage
Hi, can anyone help me? I have been advised that several mortgage lenders are happy to accept mortgage applications from one applicant despite them being married. Does anyone know who these are please?
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3 years mortgage planning scuppered !
Advice really needed. 3 years ago my husband and I got turned down for a mortgage. Essentially because we had moved 5 times in the space of 18 months, plus I had been on maternity leave and that counts against you! We have owned two properties before with mortgages no problems. We've also been lucky enough to buy our house…
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Application Delay Frustration!!!!
Apologies in advance for the vent. I am at a loss as to whether there is anything I can do to push things along. End March: House purchase fell through just before exchange. (Held mortgage offer from Halifax secured by a broker) 26 April: New DIP Halifax (applied directly as broker could not fit us in for a few weeks…
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Mortgage offer with conditions
My partner and I are trying to buy a new property. We have just had the mortgage offer come through, but there are conditions attached that require us to pay off our credit cards before completion. Does anyone know how this affects the process? What do I have to provide and to whom? Each card is listed with an approximate…
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Getting a mortgage on new property whilst retaining old mortgage?
I'm after some thoughts here please, specifically- We are at the top of a chain. We had planned or be the end of the chain and ere taking our equity and looking for somewhere once safely in rented. However, an unusual opportunity to buy a house we had originally wanted many years ago but couldn't get came up. We have…
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Natwest 3 year fixed deals?
In short do they offer these? We currently have a mortgage with natwest and are looking to move home. We made enquiries via a broker who has recommended porting our current mortgage (3 years left on fixed deal) so we avoid the redemption charge and then taking out a second mortgage or the extra money we need. Both deals…
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Do you have a HSBC Tracker mortgage?
If so, you may want to go online and see if there's better rate to switch to I usually only go onto their website and click on the existing customer link to see if their rates have changed but this morning I logged into my account to see what my LTV was; waiting for it to drop to 60% so I can fix my rate (currently on 63%)…
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Student Loan as deposit for a house?
Hi all, This was just a curiosity I wanted answering. When my parent's friend was at univeristy, she used her student loan as a deposit for a house and was able to obtain a mortgage to buy one. With this she rented out rooms to students at a good rate to pay her mortgage, and worked part time at univeristy to pay for her…
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Seeking a specialist mortgage advisor
Hi All.... Please can anyone recommend or signpost me to a specialist mortgage advisor who specialises in helping people arrange a mortgage who have come out of a Debt Management Plan or have bad credit? I understand that the vast majority of high street providers do not lend to people who have come out of a DMP in the…
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Exchange Information Help
I wander if someone can just clarify this for me! We are buying a property at £317,995 (New Build) with 15% deposit for ourselves out of the equity in our sale and 10% coming from HTB. Our purchasers of our property, are paying cash - £170k. At exchange we don't have any savings to prop up the exchange deposit required, it…
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Remortgage queries
Hi - Looking some advice on this situation we have: With Barclays we currently have a mortgage of £60,000 with an additional mortgage of £13,000. this was due to us remortgaging a few years ago and for whatever reason they couldn't add it onto the original mortgage so they set it up as an additional one - both are on the…
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Final Checks
Pretty basic question for those in the know, but I was hoping that someone could tell what the "final checks" stage actually entails and what those final checks actual are? :beer:
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Santander and Land Separation
Is anyone able to give us any advice? We're having problems with Santander and a land separation issue. We have planning permission on land that is part of our garden to build a small house. Our daughter and son-in-law (living with us for almost two years) have a mortgage approved in principle to undertake the self-build.…
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Co-ownership interview
My interview is later today, it's just a telephone interview. Anyone know what they are going to ask me, do they not know everything by now
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Transfer Equity Refused - Title Deed Name Change an option?
Hi all - enquiring on behalf of a friend here. All advice welcome. Basically she had a joint mortgage with her ex-partner. They split up just over a year ago and since then she has been paying their mortgage alone without any problems or issues. Her ex does not want any share in the property and is happy to sign all over…
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Making uneven mortgage repayments as a couple
Hi people - I'm looking for advice regarding how my partner and I should go about repaying our mortgage. My girlfriend and I are in the process of buying a house and have had a mortgage agreed with Santander. From the offset, the split of the deposit is such that I am contributing about 65% of it and she is contributing…
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Lloyds bank mortgage
Hi everyone not sure if there is an existing thread but does anyone know the stage process of a lloyds bank mortgage? We've had our mortgage in principle Then done our 2 hour interview On Thursday we have to go into the bank and pay the valuation and survey fee. Does this mean it's been agreed or not? Or been to the…
