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RTB Offer / CCJ
Hi all, i have received a right to buy offer from the council - property valued at £310k, discount offered - £103k, mortgage required - £207k. I have a ccj registered in 2012 and settled in 2014 dec. I have no credit cards / no pay day loans/ no store cards - basically credit requirement, am self employed with an income of…
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Problem with solicitors (taking a long time)
Hi, Just want to get some opinions/advice regarding the solicitors who are dealing with my mortgage. They are not local but were recommended by London & Country (Grindeys Solicitors). Paid them to do the searches on 29/07/2015. They called me once or twice later that month to ask something so I assumed they were working on…
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Employer Lending Mortgage Deposit
My wife and I are just about to become debt free (after for a wedding, child and car in the past couple of years) and start saving for a deposit. We earn decent money and can save around £1400 per month. My employer, whom I have worked for for 6 years and anticipate being here a long time, has offered to lend me the…
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Mortgage Offer Extention
Hi All, We are in the process of buying a 2 bedroom new build pre fab house in Manchester city centre due for completion in December 2015. So far, for various reasons not related to our own finances, we have been through 3 IFAs, 2 HTB applications, 2 valuations, 6 months of initial build delays and pushed through hurdles…
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Remortgage advice.
Hi, I am looking for some advice on getting a BTL mortgage, apologies for the long post. I let out my property which is mortgaged with Nationwide a year ago as we had to move house due to school, initially the plan was to let temporarily and then move back after a year or two, once my DD is confident to travel using public…
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unite brokerage service
Does anyone have any experience /of using these people. They are recommended by the Union Unite ---for their members Thanks
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Being realistic
Hi all, After keeping my blinkers on for far too long I'm now in a bit of a pickle. I'd like to buy my first home next year but I have an unsettled default on my account for £1000 from August 2010 (although I have requested the default date be brought forward 12 months to tie in when I started the DMP). I'm in a position…
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Nationwide.... final checks.... Good news??
After 5 weeks from the start of our application, We are now at the point that our case is in for the final checks. Had valuation done which came back fine. They have now asked for the last months bank statements, This is the third lot of statements that they have asked for? I've asked the broker and he said that this is…
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First time buyer
Im in the process of buying my first home a Victorian house the mortgage surveyor has inspected the house and has agreed to the mortgage. My deposited is covering 50% of the value of the property. On the documents i received from the surveyor he has stated in his general observation section the following, The property is…
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Over paying on mortgage
I brought my first property in april. My mortgage agreement states that I can over pay by 10% without any penalties. Since I've brought my flat I have been spending 100% of my salary every month buying home essentials and works. Everything is pretty much done now and any outstanding works can wait. I want to take advantage…
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Problem with remortgage. Please help !
Hello all, I am looking to remortgage with first direct. The property is on both me and my wife's name but our mortgage so far has just been in my name as my wife is not employed currently. First direct are willing to provide mortgage but they want us to take legal advice regarding the above , so we are aware of the…
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Considering buying for the first time but have no idea if its even possible
Hello there. I am 32 and am currently renting a room from a friend of mine and have been renting privately since the age of 17. I have always just assumed buying was out of reach for me and my low income, I have never considered it, I earn 21-22k per year and atm only have about 4 grand in the bank. While looking at one…
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woolwich timescales
Hi All Just looking for more information on Woolwich Received our AIP 1/9 The full application was submitted 16/9 What timescales could we expect to hear back on the valuation and then the decision Thanks
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Have I ran out of options?
Hi all, just looking for some good, solid advice here. I am in the forces and I am looking at buying a property (130k) but borrowing (117k) as I can use the forces help to buy scheme. Unfortunately for me I have a unsatisfied default from a which dates back to Jan 2009, and is due to come off in Jan 2016. I earn 30k as…
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Aldermore whats the chances of getting aip
HI I'm new and a first time buyer. Heres my thing: FTB AGE:36 JOB DIRECTOR:39K P/A 3 CREDIT CARDS 7.5K(I can pay these off as and when) CAR 35K £615 A MONTH HOUSE:£112000 2 LATE PAYMENTS 1 GAS(12 MONTHS AGO) 1 CREDIT CARD OVER 12 MONTHS I have access to 35k(in my business) Basically I was going to try and get a 5% help to…
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Mortgage product fee Halifax
Hi all, Just got a call from Halifax and they took payment of £495 for the mortgage product fee... Is that the last step meaning I have the full mortgage offer? Thanks!
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Mortgage new client from overses
Hi reader, Does anyone know if a Uk lender will search loan history from abroad? I leave and work in Uk and I have a loan (almost to be repaid) in my country and I need to know if Uk banks can trace it outside Uk. The lender will never tell me the truth.. Thank you
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Help to Buy Equity Loan - Optimal repayment time
I currently have a help to buy (equity loan) mortgage – put up 5% deposit and got 20% from the government. Currently on a fixed 2 year mortgage expiring in August next year and I am wondering when the optimal time would be to repay the 20% equity loan (and I plan to do this by remortgage that 20%) There might not be much…
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adverse history, large deposit
Hi, Both myself and my partner have a number of defaults from 2012 due to a failed business. Currently, I am employed PAYE with a salary of £40k, my partner owns a business and is making around £20k which she declares as a sole trader. We are looking to buy a house in the spring with our parents. We have £30,000 as a…
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Transfer Mortgage
Before I go to the broker / bank i wanted to get some advise Two of my family members own one property, and 'B' of them would like to come out. but 'A' would like to keep his name on the property. I was thinking to go in but I have a mortgage myself, would that be a problem if i have my name on both properties? if I put my…
