-
Advice on taking on the mortgage myself
Hello, I just need some advice is possible. Short story is that I split up with my partner of 18 years in March and have been living with my parents since and he's living in the house. He intended on staying in the house and then getting the house valued etc so that he could give me my share. He now says that he can't…
-
Halifax valuation to offer
Hi, I have just received a letter from halifax saying the property I am looking to purchase is of the right value. How long does it take for them to send out a formal letter and when can my solicitor expect to receive it? The solicitor is only waiting for the mortgage details, all the searches and queries have now been…
-
DIP with temporary responsibility allowance
Good morning, My wife has been on temporary promotion to a higher grade since April 2015 and this will run till September 2016. So in total for an 18 month period. For a decision in principle can the salary be included for the temporary promotion as it for such a long time and it's expected that she will make this…
-
change of equity and remortgage
Hi, I am getting slightly confused with a BTL remortgage going thru at the moment. I have selected the provider and the mortgage I want and received information from the providers solicitor and completed the information. I notified the providers solicitor that at the time of this remortgage I have decided to add my wife on…
-
Help to Buy - possible with large deposit?
Hi, this is probably a silly question, but does anyone know if it is possible take up Help to Buy with a large deposit? I can't find an answer online anywhere, even here, and I don't want to look silly approaching a bank or broker (and the Help to Buy agent!) I'm interested in new builds that unfortunately I can't stretch…
-
Right to buy (parents house)
Hi all, I'm wanting to buy my parents house with them. I am currently living there and have been for at least 1 year so I can share in the right to buy with them. I'm trying to work out the best way to do this. My parents are 55 and 57 so the problem is their age when it comes to getting a mortgage. I however earn enough…
-
Help to buy question
Hi I've been looking in to help to buy, I am just struggling to find any information or Ltv rates. If you are putting 5% in, help to buy 20% is the mortgage ltv rate for the 75% mortgage classed as 75% or 95% Thank you
-
Halifax Mortgage and Proof of Deposit
Dear MSE-Gurus, Hopefully this isn't a dumb question but as a first time buyer, I'm a little clueless! I am in the process of applying for a Halifax Mortgage (it's been sent off to a "processor" to be looked at, although I have no idea if this is the usual process). When I was asked about the deposit, the advisor asked…
-
Change of Address on New Mortgage - Help!
I completed on the sale of my old house about a month ago exchanged on my new build home that should ready in October. I am now living at my parents house until the day the house is ready. I have let my bank, and credit card know my parents address Should I speak to the halifax (as i did the mortgage direct with them) and…
-
property sale completion date same as mortgage payment
Good afternoon. I have a slightly unusual set of circumstances. After a while of trying my wife and I have finally managed to sell our flat and the exchange of contract and completion date are both tomorrow which is incidentally the same day our mortgage payment is due. We aren't buying another property, instead renting…
-
Mortgage chances with first job
I am currently considering moving out of my parent's home, and was initially looking to rent a property. However, having input some values into mortgage calculators, it looks like a mortgage works out 20-40% cheaper than rents in my local area, which doesn't surprise me. My current situation is that I am in my first job…
-
Mortgage Interest Rate Query
Hi - I'm hoping someone can help explain mortgage rates to me. Here's my current mortgage details:- House Value: £145,000 Mortgage: £48,000 Rate: 2.5% with Nationwide (variable rate) Monthly repayment: £392 I initially had a fixed rate years ago which then reverted to Nationwide's variable rate giving us a rate of 2.5%.…
-
Handelsbanken
Hi all, Has anyone got any experience in dealing with Handelsbanken. I was at a networking event and their name came up as a bank that offered a tailored approach and "open for business" which I am told is looking to increase their mortgage book. I have asked a couple of times on here before about mortgage advice - I am…
-
Paying moving fees
I have estimated my moving costs as follows: Stamp duty 4250, estate agent fees 2400, solicitor fees 1000 and survey fees 1000. I expect to pay these in cash, but due to two other agreements that I wish to clear the balance of too, it will be 6 months when I have this cash available. We are due to agree a sale price on our…
-
Can a broker take over case after going direct
Getting stressed already and want a broker to take over case. Had dip refered due to computer error. Can my broker pick up the case now after I went direct first?
-
7%stress test
Is this something all applications are subject to ? I have read a 5 year fix application isn't necessarily subject to it
-
High single income mortgage
My DH is breadwinner (permanent job in London) with approx 5000 take home pay per month. We have 2 young age DC and I'm a homemaker who provides care to them. Current mortgage is about 900 per month and we can still save around £1600-2200 per month. We are thinking about moving to a bigger home with a bigger size mortgage,…
-
Advice needed for first time buyer
Evening All, Me and my partner have currently been accepted in principle to buy a house (help to buy scheme) and are looking to reserve the property tomorrow afternoon. Now my worry is that the last few months I have been in my overdraft (not gone over the limit) will this affect my mortgage application? My partner is…
-
How do I calculate salary?
How do I work out my salary when applying for a mortgage , is it the figures on latest p60 , or just my weekly / husbands monthly gross pay ? The latter works out more than p60 due to wage rises
-
Dip referred to underwriters nationwide
Hhhhgvvvvdxcccfffffxcccc
