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Should I add my partner to my mortgage?
Hi, I recently purchased a new property only my own using the help to buy scheme. My girlfriend is shortly going to be moving in with me, however she has a poor credit rating as she has recently been made bankrupt (over 5 years ago). I am currently only a few months into a 2 year fixed rate mortgage. My question is, should…
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MSE News: Act now. Fixed mortgages near rock-bottom
Remortgaging just means switching your deal to a better one. Now's a great time, as rates are near all-time lows... Read the full story: Act now. Fixed mortgages near rock-bottom Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro…
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Nationwide Hell
Hi All, I am currently in mortgage hell with Nationwide. Bit of background...my sister and I are planning to buy a property for £180,000 for my mum and dad to live in - relative dependant mortgage. We have applied for a 5 year fix rate. Both my sister and I have our own residential mortgages and I have a buy to let…
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Which Mortgage would you go with?
Buying a £239,950 property with an £85,000 deposit and a £154,950 loan Using the online comparison tool the best deal I got was West Brom 1.19% fixed for 28 months. Monthly Payments £597 for first 28 months. There is a £1,309 set up cost however My broker found me Leeds 1.75% fixed for 2 years. Monthly Payments £639 for…
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Mortgage House Valuation
Hi All! I bought a house back in 2007, when all things were booming. As a result, I have found myself in negative equity ever since. I ever so stupidly took out a 100% mortgage (18 and stupid). I moved out of there in 2011 and now rent out the property. Some quick figures for consideration; Bought for £128k (£131k borrowed…
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Moving out but continuing to pay mortgage
My partner owns his house with his father and they have a small (re)mortgage which my partner pays. My partner is planning to move in with me and continue paying the mortgage.. We're just a bit worried about updating addresses - will he just easily be able to update his new address on the mortgage and continue paying or do…
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Gifted deposit
Anyone know, if deposit is being gifted by parents and in-laws, does that money need to be available funds to get mortgage offer normally? My part of the deposit is being gifted from father and is dependent on sale of land - has sale agreed and awaiting funds in January. Inlaws are gifting money from the sale of a house…
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mortgage confusion
I have a mortage with first direct - offset tracker 2.49 (1.99 +BOE BR) I'm looking to move home but it is taking a long time mainly due to the lack of housing supply. I have a mortgage offer from another lender @ 1.59 fixed for 2 years. Is it worth trying to remortage with FD and get a better deal than I am on and then…
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Independent Mortgage Advisor v Countrywide
I have compiled all the necessary documents that a mortgage advisor will require to calculate a first-time mortgage in principle. I have been looking at independent mortgage advisors which tend to be recommended here owing to their not being restricted to a panel of lenders. However the one that I am looking at in…
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Mortgage offer... Now what?!
Paperwork has been given to solicitors and I have my mortgage offer, I know solicitors need to do the searches etc but what do we need to do now.. Just wait? Does this mean we've got the house (unless there was a re-audit and something was wrong) Due to it completing near Christmas I need to start packing abd organising if…
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Disclosing something that will happen to my salary
Hi everyone I've had an Agreement in Principle (AIP) but have a question: I currently receive a London salary allowance of £3500 per annum on top of my salary of around £40K. However from January this allowance will no longer be paid, because I will move to an office outside of London. My AIP makes clear that I should tell…
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Santander Interview
Morning, new to all this but looking for some advice/info...so.... I recently moved back to my parents, following seperated marriage, and have been on the mortgage there for some time as I wanted to help them buy the house. From my marriage the debt ran up to £30k, so now I'm back home I want to get straight and take…
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Loans and mortgages.
Hi all, This has most likely been asked many times, so apologies for bringing up a topic which has most likely been done to death - honestly, I have found other things around the internet confusing, and I find it easier if I can speak to people, albeit via the keyboard. Myself and my partner took out a 35 year mortgage…
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consent to lease
Hi does anyone know whether lenders will accept rental income on consent to lease for affordability purposes. Or does it need to be BTL ? Would a lender let you capital raise on the rental income ?
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mortgage LTV when applying... help?!
Hi, me and my partner recently spoke to a mortgage advisor. We are looking to buy a house approx 100k with a 5% deposit. The advisor done all his checks and said we would be able to borrow upto 125k but that the system is only coming up with 70% mortgage options. He suggested it could be something in our credit checks.…
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Santander timeframe??
Hi Has anyone any ideas on the time frame that Santander are working at? My broker submitted my application on Friday (obviously it won't be this quick!!) but just looking at when I can give my notice on my tenancy IF I get that precious offer. Cheers guys, I know you get fed up answering these questions :A
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RTB Mortgage with Historical Defaults?
I'm wondering if it's even worth us trying to purchase our home so I'm hoping for some advise. I've just qualified for the RTB scheme, the tenancy is in my sole name although my husband is registered on the RTB offer too. The property is valued at £73k and we have a 35% discount so the purchase price would be around £48k.…
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Can I get a mortgage without my husband?
My husband behaved really foolishly last year and got himself into some financial difficulty (I won't go into the reasons). He defaulted on a few accounts and took out a payday loan to try and pay these arrears which obviously got him into more bother. I knew nothing about this and was heartbroken when I found out as we…
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Nationwide...
Hi everyone my first thread on the forum just to describe my views on Nationwide. So we got our DIP last month, valued a few days later and everything came back fine. Ever since then all they keep doing is asking for the same documentation they've already received, I'm talking 4 weeks of asking for proof of deposit,…
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Let to buy? Who do I speak to?
I recently got married and my wife and I would like to buy a family home in the coming year, whilst keeping the flat we currently live in to rent out. I hold the mortgage alone at the moment for the flat. I called my mortgage adviser to see what our options will be when renewal time comes round in order to plan for the…
