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Halifax mortgage issues
Hi, Sorry this is a bit long winded, but need to tell the whole story. Me and my partner are currently going through with buying a shared ownership house. Two months ago we went to Halifax and obtained our mortgage in principle. We have 10% and enough money for all the added costs. They said we were able to borrow £94,500,…
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Affordability Calculator
Hi, Thanks for your help in advance. For the last 2 years I have earned 47k per year but I have had a decent year this year and I am on track to earn 100k plus. Now I have a meeting with my bank next week and they have asked for the last three pay slips, the last 3 months have been fairly well paid months. They show as…
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Hard or soft.....ahem!
Without the lender telling us how can we tell if they've done a hard or soft search for a mortgage on our credit files? Is there a difference in what we see when we look at our files? From my understanding (which is limited!!) we can see both if we log on to experian/Equifax
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Buying my fathers council house
My father lives in council rented accommodation, and has done for many years. He would like to be a home owner but he is also a pensioner. Would he be allowed to buy the house and me and him pay the deposit and mortgage? Thanks Symon
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Remortgage/Buy-to-Let Query...
I bought my first place just over 10months ago. Now me and my girlfriend are about to buy a place together. Plan is for me to get consent to let my flat. Thinking a little down the line however - When my 2 year fixed period expires - how would it work if I wanted to remortgage my flat? The reason I ask is that in the…
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Is this normal? Might it make a difference to mortgage app?
If there's anyone reading who may have come across similar I'd be grateful for your views as to whether something on my credit report is normal... As per my recent thread I decided to take out a contract hire lease vehicle, I was initially worried it might affect affordability - which it does - but playing around with the…
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Buying off parents
Hi, my and my wife currently rent our house off my parents but would be looking to buy it off them in the not to distant future. Would we need to have a deposit to buy it as heard that we wouldn't but not sure how reliable the source is. Thanks for the help in advance :)
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Swapping Jobs
On Monday I start my new job, how long do I need to be there to get a mortgage?
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1st Time Buyer
Hi All I need your assiatance here please, i'm buying a house with my wife and 2 children. Only I work but we have a 70k Deposit. I have 2k in credit card (which I pay off monthly), and a student loan. How does this affect my chances of getting a mortgage?
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Newbie: How long to fix a mortgage if planning to sell?
Hi, I'd really really appreciate any advice you could give me... I bought my first house in Jan 2014 (see below): Location: Midlands city Cost: £200'000 Mortgage: £130'000 (65%) Provider: Barclays/Woolwich Terms: 2.18% 2 years fixed It turns out all though we like it, it's not quite right for us (would like a more rural…
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Nationwide timescales!
Hi I appreciate they are busy and have looked on their website but not sure we fit with the timescales. Dip refer 13/9 Application documents submitted 16/9 Presume it is with the underwriters as still being looked at and valuation fee still not taken. Is this normal? We were referred due to 25k of debt which will be…
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Nationwide Mortgage Deal Ending
Hi Guys, After a quick bit of advice if I may: I will be in the final 3 months of my 2 year fixed rate with Nationwide soon. I started off with a 90% LTV but given the rise in house prices in my area and the amount of home improvements I should now be around 70%-75%. During the online process to switch deals will…
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Endowment policy problems
Hi, i have a very low endowment policy that i jointly took out with my ex partner in 1988/89 ( i believe the value is about £3,000. My marriage broke down in 1991 and my ex returned to her native country in france, i have not seen her or heard from her since that year, i have no idea where she lives or even if she is still…
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Any recent experiences with HSBC mortgages - fast or slow?
Hi all, Currently shopping around for mortgages and have identified HSBC as one of the cheapest - but a lot of recent reviews suggest they're extremely slow/require a lot of chasing up, etc. Does anyone have recent experience with them, good or bad? We've just had a house offer accepted, so are looking to make an…
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Available credit on cards
Hello all, I have worked hard at reducing my credit card balances, from about 15k down to a balance of zero. I'm now just repaying the full amounts each month. At the moment I have 5 active credit cards, with an available balance of just over £29k. What is the best way forward, thinking ahead about mortgage applications?…
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Raising Money from existing properties
Hi, Looking to raise some money to buy a property without having to sell our main home. Home worth 800k with mortgage of 330k Own two flats outright One worth 450k with tenants paying 20k a year One worth 380k with family member living paying costs We are looking at retirement in a couple of years have a pension pot of…
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Re-Mortgage Offer - Am i getting a good rate ?
Greetings Mortgage Guru's, I present to you the various rate/terms i have been offered by my broker but wanted to post this to garner feedback from the wealth of people out there that are more experienced than me in these matters. My scenario is this :- I currently own 40% of my TVH Shared Ownership House and i'm looking…
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Selling:Surveyor:Japanese Knotweed
We finally had an offer on our house and thought all was well. Had the survey done on Thursday. Today the estate agents called to say the buyers surveyer (for Halifax) had thought there was Japanese Knotweed in our back garden. We have contacted a specialist as advised by Estate agents. But we are wondering if this will…
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No Consent to Let
Hi My wife and I are about to submit the final details to our mortgage broker (L&C) for them to go ahead with our mortgage application to Nat West. However I am deliberating what to day about the mortgage my wife has with her sister on a flat. The flat is currently rented out without any consent to let from the mortgage…
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Confused!! Sense checked, valued, first checked...??
3 wks into a full Leeds application my mortgage has been sense checked, valued and now it's at first checking?? What does this mean?? I'm so disheartened and wondering if its time to look elsewhere!
