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Mortgage when you are working away
I bought my first home last year and the 2 year fix deal is coming to an end, so looking to renew it. In the meantime, I have taken a job in Switzerland, and since June I've spent most of my time in a 1-room part-serviced studio apartment, close to the business park where I work. I go back to the UK about once a month but…
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Mortgage application with Halifax - does valuation mean we've just about got it?
We got a AIP from Halifax, found a house, offer accepted, full application etc and now the valuation is booked for Friday. Our brokers are useless and harder to get hold of than Lord Lucan, so I haven't had our questions/raging anxieties answered yet. Basically is it a good thing that the valuation is booked, or do they do…
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Mortgage network advice
Hello all, sorry if this post is in the wrong place but looked like the best place to post Can anyone give me advice on the best (or worse) mortgage network to join for a self employed mortgage advisor... In your opinion/from experience? I've been advised to go with sesame or first complete, would like to get some…
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Adding my wife to my mortgage
Hi, I've £16k left to pay on my mortgage and want to add my wife's name to the mortgage. My mortgage company have no objection other than requiring that I replace the current mortgage with a new one. My solicitor, however, is saying that it's a change of equity and therefore we most pay stamp duty on the transfer (as well…
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Help with bad advice from a broker
Hello I'm sorry if this is a bit complicated but please bear with me! Basically I have a flat I rent out on a residential mortgage with consent to let, but this was due to expire so I wanted to remortgage to buy to let. I got the advice of an online broker who took all the details and circumstances, then told me a…
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Mortgage advice - go it alone?
Hi all my husband and I have recently had a decline for a mortgage. There was a small issue of his hire purchase car giving him a poor credit rating. He didn't think it would affect anything and we could have kicked ourselves for not checking before. My rating however is excellent and no advice given by agencies to edit it…
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Estate management companies.
Oops, wrong sub forum
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Endowment mortgage with Cheshire BS
Hi everyone Really enjoy the forums and advice given, and how the members have fought back to reclaim what's rightly there's keep up the good work I have recently been spurred on by the ppi forums and decided to act on upon mine, however I decided to contact Nationwide building society, who took over Cheshire building…
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Halifax Mortgage Promise - Soft Credit Check
Hi all, My wife and I have just received a mortgage promise from the Halifax. We already have an existing mortgage with them and we're looking to move house. Shortly after getting our current mortgage I realised that I was over committed to credit due to years of financial stupidity and entered into a DMP with step change.…
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MSE News: Bag a cheap mortgage deal now, despite interest rate rise delay
Interest rates may not rise until 2017, but mortgage borrowers should still consider securing a cheaper deal now... Read the full story: Bag a cheap mortgage deal now, despite interest rate rise delay 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…
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Mortgage declined because of asbestos roof tiles
I've just had my mortgage declined because the survey found it had asbestos roof tiles. The house I'm wanting is on the same Street that I live on now and it's right next door to my in laws. There's about 400 houses on the street with exactly the same roof tiles. The vendor had a survey done a few weeks earlier by another…
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Apply now as contractor or wait for perm job?
I had a coffee with a colleague this morning and we got around to talking about his remortgage. He has been a contractor for the past two years (I’d guess he is on £1k-£1.5k per day) and is considering moving to a perm role, which would see his gross earnings drop by about 30%. Question is: is he better off applying for…
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Married but Sole Mortgage Application
Hi, I was looking for some advice on my situation. I am recently married but we still live separately due to work commitments. I have a rental property and my husband has a rental property. (In our respective names only) My husband is looking to buy a property due to us not wanting to continue to pay rent on two…
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How to find a broker online
Hi all - I am a long time reader / lurker of the forums and decided to finally register and start partaking more in the discussions! I was hoping to get some advice on how to go about finding a mortgage broker... I am a first time buyer currently looking to purchase along with my wife. My financial status is quite…
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Thanks all
Just wanted to say thanks for all the help I have had on here. I am writing this in my new home and am totally over the moon. What a year 2015 has been. From offer accepted on 1 September to moving in Friday 6 November seemed like a long drawn out stress-filled nightmare but on reflection it has actually happened really…
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mortgage questions
Two questions. ... 1) once you found the house you want to buy. (New build) . What is the process to get a mortgage to buy it. 2) this one is for my friend. He has 70 percent equity in a house and a mortgage. He's seen a second hand car he wants to buy. He wants to borrow against the house. How does he do this? Car is is…
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Mortgage queries
Hey, Have been a lurker but now have some queries of my own Situation is that my father passed away over a year ago leaving 2 properties. My mother is the executor to the estate, she doesnt work and i live with her in one of the properties. Our main property, the one we live in, has around 6k left and will be paid in the…
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FTB - Sudden onset of nerves.
I'm sure this kind of thing pops up regularly... I have a meeting with a lender tomorrow which will hopefully end with me submitting an application for Mortgage. Up until very today I've felt quietly confident that my mortgage will be approved. Now I'm just a bag of nerves and thinking about every possible scenario where…
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My endowment matures this month
25 years ago I bought a house with the then girlfriend and we each had endowments of £34k. She complained for the miss selling and think it was converted to repayment - I dithered and missed the dates and was time barred for complaint. I was expecting it to perform very poorly and maybe give £16k, however it now matures at…
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Mortgage Advice - acceptance of 1 default when applying for a mortgage?
Hi all, I'm relatively new to this & looking for advice really. I've recently been thinking of applying for a mortgage as I have found a new build property which I'm interested in buying. I have the 5% deposit & 20% provided by the Help to Buy scheme, so would need 75% for the mortgage itself (£70,000). Unfortunately from…
