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Pay off now, or wait for ERC to expire?
I will shortly (a few months) be coming into some money which will allow me to pay of my mortgage, which is in three parts (all repayment). The first two sub-mortgages are have very low rates with no ERC, so I'll pay them off as soon as I have the money available. The third part is currently fixed at 3.59% until April…
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How long do Kensington take to underwrite
Hi I wondered if anyone could give a rough timescale of how long things are taking with Kensington at the moment? our applicaiton was submitted on the 12th August, with some supplmentary things requested immediately which were received by them on the 14th. They went to underwrite the case yesterdat (20th) but they could…
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New job
Hello, This is just a quick question for any brokers, or anybody in the know. If one half of a joint mortgage application has just started a new job, is there any point in approaching a broker or is it a waste of time? And if so at which point is it best to approach one? Thank you Jack
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Mortgage for non taxpayer
Really hope someone can help me with this....I've been trying to get a mortgage but keep being told that no one will lend to me if I can't prove my income through the amount of tax I pay. I am a day trader on a betting exchange. Any profits that I make are non taxable as it is considered as gambling so I have no way of…
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BTL mortgage for above-commercial premises
Hello, I'm looking to remortgage (due to fixed period ending) our old flat, currently rented under consent to let, onto a BTL rate (if possible!) as we will not be moving back into it now we have our family home, but the fact that it is within a purpose-built development in which the ground floor consists of retail/office…
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Mortgage statement Lloyds on line and C&G £10,000 different!
I have discovered that my Lloyds on line mortgage statement is £10,000 different to my C&G mortgage provider, who are in fact Lloyds. Due to serious ill health, some years back we started making regular over-payments to help reduce the endowment shortfall we knew we would be facing. I did not want to leave my wife with…
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Remortgage - fix, for how long ?
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Credit card application impact on mortgage chances
We will be moving house within the next six months and have a question regarding applying for a credit card in the run up to a new mortgage application. My husband will be submitting a mortgage application in his name only as I am not currently working. We want to apply for a specific Amex card that comes with various…
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How quick can HSBC be?
How soon from accepting an mortgage offer can funds be available? We are wanting to purchase a plot of land at auction but need to release funds from our current property. We have been told we are A1? so could go through quickly but balance will be due 1 month after auction if we purchase. We are asking our solicitor to…
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Anyone know what this means?
I am still waiting for my final mortgage offer. I had offer on the house I am buying accepted back on June 25th and what with one thing or another i.e valuation report and survey taking 4 weeks from intitial offer in principal to be carried out time has gone on. Anyhoo we knew house had suffered from subsidence 20years ago…
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Have I got this right?
We have a house bought for 130,000 (with a 25% deposit), which is now market valued at 160,000. We have paid the mortgage without missing a payment for the last 6 years so it is now down to about 80,000 from 97,500. That being the case, I want to get the loft made into another bedroom so I used a remortgage calculator and…
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Mortgage & Debt Help
This is a difficult situation, but hopefully someone can give me advice. My mother has a Bunglow which has an outstanding mortgage of about £240,000. The Bunglow is worth about £370,000. She is 77 and retiring. All she will get is a State Pension, so I am more than happy to carry on with the mortgage repayments, however I…
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Please help sole trader Mortgage advice
HI All Ok we are about to get going on a joint mortgage application with santander The problem is i am a sole trader and my net profits are fine for the mortgage affordability we are going for, however if i add my monthly outgoings for my business hire purchase vehicle it becomes unaffordable (sole trader no separate…
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Halifax Deposit Query
Hi Guys. Thanks for all your advice so far. My partner is £2000 short for the deposit (the rest is from his savings). The Broker told Halifax that he would save the £2000 by completion but they weren't too convinced so he told them that he is actually being gifted some money towards the house. He is being gifted some money…
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Mortgage transaction
Hi all. I've recently changed my mortgage provider from Barclays to Nationwide Building Society and I need to know what my new Nationwide mortgage will show up as a transaction on a online bank statement. Any help will be much appreciated. Thanks in advance
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Nationwide BTL refused – developer unacceptable
Hi After 15 days, I've just been informed by my mortgage broker, that the application for a BTL mortgage offer has been declined as the builder/developer is 'not acceptable to them', without a reason given. Has anyone had a similar experience, or suggest what the reason might be please?
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Advice - first time buying with current job before relocating
Hi all I hope you can help. My husband and I are looking to buy our first home. We currently live and work in the capital but are thinking of relocating to the South West. My husband has had defaults in the past so the mortgage will under my name. My question is, could I apply for a mortgage to buy a property in the SW…
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Is this possible?
Me and my partner applied for a mortgage back in May and our application was successful. Due to a lot of delays and waiting (our vendor is purchasing a new build) we haven't moved yet but will probably complete in early October. Someone suggested to me that because interest rates have come down so much since our mortgage…
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Complicated Mortgage situation.
I hope someone can make sense of this and possibly help. about 4 years ago I got divorced. My ex wife kicked me out of our home, and still lives in our home. She has re-married, but refuses to get my name off of the mortgage "at her cost" She has tried to remortgage, but they won't give her a decent deal, and wants me to…
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Overpayments Whenever?
Hi Just wondered if there were any mortgages out there which allow you to make as many overpayments as you like, by just transferring money into your mortgage account. With the HSBC Tracker mortgages you are allowed to make as many overpayments and lump sums as you like but "as part of your Direct Debit payments". This…
