-
re-mortgage or buy to let, help pls?
hi, my husband and I own our main home and another which we currently rent out (this house in not in my name) both homes are mortgage free. we are looking to buy a 3rd home to rent to our 2 adult children and possibly let out the 3rd bedroom to a student, we have verbally agreed a price with the seller. we need to take out…
-
Advice regarding second mortgage
hello im new to the forum and im looking for some advice regarding re-mortgaging to help out my MIL Il try to explain the details, it may be a long read (soz) in 2009 my MIL tried to down size and sell up her house. this was unsuccessful so instead she re-mortgaged to enable her to buy a small 1 bed flat and then rented…
-
Natwest/RBS - which CRA?
Just a quick one - can anyone let me know which CRA(s) that Natwest/RBS uses for mortgage applications. No issues - I just want to check to see if they have credit checked me. Thanks
-
ReMortgage - Portable
I am looking to re mortgage my current property to get a better deal and release some equity to invest in another property. Does anyone know who would be able to get me the best deal. If we decide to move to another property around the same value can we port the mortgage from the existing property to the new property.…
-
Mortgage info
wonder if anyone can help, i have a mortgage then i took out a second mortgage about 5 years after. due to work problems i had payment issues with the second mortgage went to court and everything was sorted. i have been paying the second mortgage for 7 years without any problems and all is well again. however i received…
-
Mortgage declined
Need help. I applied for a mortgage with rbs they offered me aip For more than I wanted to borrow this was through a broker they then started the full application heard nothing then they did the valuation my mortgage broker was very slow so rang rbs they advised declined but would tell me why. How do I find out a reason so…
-
Just Mortgages Refund Policy
Does anyone know what just mortgages refund policy is? Paid £495 8 months ago and on my 2nd mortgage broker cos the 1st one left just mortgages halfway through my first application. Doesnt answer calls or emails and conveniently has annual leaves and holidays every couple of months. Only responds once in a blue moon. Will…
-
Redemption Figure
Hello, I am trying to change my mortgage from Lloyds to HSBC, I am out of my fixed period with Lloyds and have been approved by HSBC for the swap. However I have just received a letter from the solicitors handling the remortgage saying Lloyd's require an extra £4000 on top of what we are owing to proceed? I don't really…
-
Telephone appointment for Halifax full mortgage application
Hi everyone, I have a telephone appointment next week to carry out my full mortgage application. DIP already done a month ago. Can I check that documents like payslips etc can be sent to them following the appointment? They haven't said I need to submit anything to them prior to the meeting? Also regarding bonuses. I…
-
Paying of debt with equity when moving and credit scoring
Hi all about to apply for a mortgage Wife and i both have a fair credit score with experian a good score with equifax The fair is only due to a high balance to limit ratio on our credit cards so we are told, we have never missed payments or anything like that... when we sell our flat it will enable us to pay off all our…
-
We got over £7000 back for mis sold endowments in August 2015!! Its not too late
No issues with time barring on our endowment complaint! Back in 1992 we took out an endowment mortgage with Halifax. 25 year term with endowments arranged via the bank with one of the large UK insurance companies. The advisor arranged two endowments (each for half of the mortgage debt) and two level term insurance policies…
-
copy of property deed.
Not sure if this is the right place for my query but will give it a try and hope someone will direct, if necessary, to the right section. I am having a bit of an issue about repairing a boundary fence with next door. How and where can I see a copy of my deed to ascertain weather am responsible for the boundary fence?? My…
-
...next 'it wasn't my fault' problem for homeowners?
Hiya. Just seen this article on the BBC about the problems many 'interest only' borrowers may have at the end of the mortgage term, if they can't pay back the capital. Interesting artice, but I was struck by one of the quotes - 'Sarah, who lives near Brighton and has an interest-only mortgage, said she and her husband…
-
turned down based on "affordability"
My mortgage is interest only and I want to change it to repayment. It is also on a standard variable rate and I want to move it on to a discounted rate. Had a call with the mortgage department today and they say I cannot afford it - which is insane. They've agreed to manually apply for an exception but i have no idea what…
-
Life Insurance
Does anyone know if a new monthly paid life insurance policy affects your chances of a mortgage? I didn't think it would given there is no credit involved, but read somewhere that they do perform credit checks on application.
-
Will we have a problem?
We would like a bit of info regarding this- Bit of background - My income 75k per year my wife 27k per year We are 1st time buyers looking to buy a home between 200k to 250k At the moment we have 30k deposit ( going up 1.5/2k) month At the moment our outgoings from joint account are around 1k Rent £600 Council tax Sky…
-
Clear interest free part of mortgage
I have a 30k interest only part of my mortgage. I have an endowment to cover it but would like to use the endowment for something else. Do I make best use of my money by overpaying each month/annually ( my deal allows me to overpay 10%) or taking out a full repayment mortgage?
-
Un-Regulated Mortgage WHY???
Hello I was wondering whether anyone out there can advise. Have read so much totally confused:( I took out a mortgage with SPML (I know..!!) in 2004 and just found out that Acenden has been ordered to repay some fees back (SPML is part of Acenden?) and shld get a letter in July. I have had no letter so rang Acenden only to…
-
Source of deposit error...
Hi All, We applied for a mortgage with a 20%. We were taking that money from our company as we thought it would be classed as saving as its profit from this tax year. However, its been decline for this reason, that the money is coming from the company. Will we now be able have any chance of supplying the deposit from a…
-
Joint application - wife in job less than three months?
Hi all, my wife and I are about to go to a broker to try and get a mortgage for a £130,000 property. We have a deposit of £10,000 at the moment and have good credit scores (high 900s according to experian and mid 400s according to equifax) however - as ever with money - I'm concerned that we may not be approved for a…
