-
FTB 10% Deposit On New Build
Hi All my first post here.. I am a first time buyer looking to purchase a new build property. Unfortunately, I have only a 10% deposit! The property I am looking at is not part of any government schemes. Does anyone know of any lenders who would offer a 90% LTV mortgage to me? Best Nick
-
Any companies who will help my parents release the equity on their steel framed house
Hello. This is my first post to a forum like this so please bear with me! My parents own a steel framed house which was built back in the 1970's. They have now both retired and have been looking at ways to get a few extra pounds in their pockets. One option they've looked at is releasing the equity in their house but...as…
-
electoral role status on credit file affecting mortgage application
My fiance and I are trying to get an AIP for a mortgage on a house we are in the process of putting an offer on. The AIP process is being hindered by fact that the credit reference agencies' files are not up to date; we registered to vote at our current address at the end of July. This caused us to be rejected for an AIP a…
-
Wife to "buy into property"
Hi guys. Looking for a bit of advice here. I own my house outright (no mortgage) and am getting married next month. Is there a way I can get my future wife to buy me out of half the property so both our names are on the deeds and we have joint ownership? The equity released will,be used for various things such as…
-
Expat Mortgage - Scottish Property
Hi, Looking for some help. I'm currently working in Australia and need to purchase a house at the end of the year in Scotland as my wife will be returning during the year. I've spoken with a few brokers and getting a expat residential mortgage for Scotland looks to be impossible. If it was BTL or in England/Wales there…
-
Mortgage Chances?
Ok. We are currently in the process of trying to obtain a new mortgage in order to move house. I am self employed. Last years net profit was 21330, previous (first) year 6500. This tax years projected earnings are around 26000 but nobody seems interested in this figure. My wife has recently resumed her career and is a full…
-
Thoughts? Realistic chance?
Hello, I've moved out of my girlfriends place after a split and I'm now camping in the very crowded spare room at my parents' house - not ideal! I've got two scenarios that I'd like to ask, please don't shoot me down and TIA Shared Ownership... how does it really work? If I had a 25% stake at 35,000, would I have a better…
-
Proof Of Deposit
Quick question, If my company are willing to give me a salary payment advance (not a loan) can i use this for my deposit source? Example, being paid twice in one month to make up a shortfall in deposit funds? Thanks
-
Whats my chances
Hi all. Recently viewed a non standard construction bungalow we are really keen on and a offer accepted. . Our only worry though is that from a previous survey we've been told that it has asbestos in the ceilings and may have asbestos in the walls. What's the chances of getting a mortgage on property offer accepted 160k…
-
Deed of consent and charge
We are in the process of buying a house and one of the forms sent from the solicitor is the mortgage deed which has to be signed by our two eldest sons. I explained to them why they have to sign and they did so happily, I was also told over the phone that it didn't need to be witnessed either. Come Friday, our sons…
-
Really low mortgage offer.
We sold our house in Manchester last year and have been privately renting for the last 8 months and have started looking for a new house. We have a 50k cash deposit and are looking at spending around £200k total on a house so max 75% ltv. Husband's salary 42k, I am currently SAHM until all 4 kids settled in new schools etc…
-
Broker in Liverpool?
Hi all We need a very skilled broker in Liverpool and was wondering if anyone had any decent recommendations? Thanks
-
End of interest free only term - can you remortgage? No judgement please
Hi All My husband and his dad (when my husband was 24 and didn't have a clue about mortgages) purchased a house on a buy to let interest only mortgage. It was right in the worst possible time. Anyway there are lots of reasons the capital is not now here at the end of the mortgage term (mainly the house lost value and the…
-
Overpaying more regular payments better?
Sorry, stupid thread title. I'm tired and coming down with something. What I wondered was whether I'd be better to split my overpayment daily over the month, rather than pay monthly. You see on the mse overpayment calculator paying 1800 every quarter saves less in interest than paying 600 a month. Therefore if you paid £20…
-
get back mortgage survey fee,can someone help plz
In March this year, I was going to buy a shared equity property, the agency strongly asked me to use their in-house mortgage broker, which I did. I paid 150pound broker fee, 430 survey fees. after some time, the mortgage broker emailed me saying the valuation is arranged. then, I emailed him to ask for the outcome. after a…
-
Solicitors confused over purchase price
Hi all, We have had a letter from our solicitors today who have become confused over something that my parents solicitor has told them. We are buying a house from my parents so it is a family purchase. The house has been valued at £130,000 and my parents agreed to sell it to us for £103,000. The £27,000 would be our…
-
Good time to move from Nationwide BMR?
We still have approximately £180,000 left over 15 years on our Nationwide mortgage that is currently on the BMR (less than 60% of value of house). We have remained on the BMR as it previously seemed a smart thing to do but are starting to question this.... Now we can get a tracker deal even staying at Nationwide for 3…
-
Those recently applied for a mortgage what was your current debt if any?
Hi guys For those of you who have just applied for a mortgage what current outstanding debt did you have eg credit cards and loans etc? Next year we want to get a mortgage my husband earns 36k and I earn 11k part time as we have a 2 year old. We have debt of 7k and was wondering how much of an impact this will have. Thanks
-
Old C&G Consent To Let [CTL] letter
Hi, I rented my house out for three years from 2010-2013 while working overseas. I have a letter dated June 2010 from C&G granting consent to let (if I remember correctly I paid abut 200 quid for the privilege). In the letter it explicitly states the the consent is valid for "the remaining term of the mortgage". I have not…
-
Early repayment charges
I want to pay of a secured loan and would like to know roughly how much I would need to pay before I request a settlement quotation. Can someone please explain in plain English what the following means" You may make early settlement in accordance with the CCA 1974. The amount payable by you will be the total balance…
