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Homeground Ground Rent Payment
PLEASE HELP!! We live in a new build house which is managed by Homeground management ltd. The company has no telephone number and can only be contacted via post or a generic online email address. We were due to pay our ground rent at the end of 2015 a lump sum payment of £150.00 but could not access our online account. We…
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Re-mortage
I bought my house as derelict for cash, spent all my money restoring it and now it's all done I would like to have a mortgage of £30,000 against the property, this would restore my overdrafts and cards to 0 etc and give me a buffer. Seem to be having trouble with this though, hoping someone might be able to suggest the…
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How many credit searches are too many
Hi, Looking through my other halfs credit report she has number of searches for Current account. She has previously applied for accounts to obtain switching incentives. Dates for searches are:- 10/11/15 22/10/15 10/10/15 16/09/15 How the current account application searches will effect mortgage application? The property we…
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Mortgage question - how much is too much?
for those of you more experienced in getting mortgages... as a FTB, what are the chances of getting a mortgage like 4x time annual salary? The Decision in Principle seems to suggest I can, but in reality how feasible is it? I have no other financial commitment, nothing, nada, zippo and technically the repayment is 1/3 of…
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Mortgage Credit Directive 21st March
The new regulations under the mortgage credit directive will start to be noticed by borrowers from this week. Don't expect too much, the Council of Mortgage Lenders say... 'We believe implementing the MCD offers little or no specific additional benefit for consumers over and above the UK's existing regulatory framework.'…
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New Stamp Duty Question
Hi I have a question regarding the new stamp duty due to come in in April. I currently own a property which is rented out. It is a normal mortgage with consent to let. I am currently renting where I live now (primary residence). If I was to buy after April, would this attract the higher stamp duty payments for second homes…
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Re-mortgaging with a default
Hi there A little help please. :embarasse My fixed rate is just about to come to an end with Santander. I was originally planning to move to HSBC. However, AFTER I had applied and got rejected for adverse credit, my wife tells me about a credit card she had late payments on and another overdraft that she had defaulted. As…
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Does Mortgage affect personal loan?
Hi I took out 90% LTV mortgage (withNationwide) in October2015. I am interested in apply for 25K personal loan for 5yr (With Hitachi or Tesco or Zopa) to renovate the house. I am wondering is there anyway to find out what maximum a lender can offer me on personal loan. I do not want that my application is rejected having…
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New house funded by equity release & Port Current
Hello There, We are looking to buy a new residential house valued at £235k. Currently 2 properties owned are rented with following conditions: Value: £60k, rental £300/month, equity £45. This can raise £90k. So far so good and 600/mth income Now it gets more confusing. Current residential property has mortgage of £52k…
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remortgage best option ?
well first off hello ! and please be gentle with me. in brief i have 3 properties , one i live in, one for sale, one rented. i need to raise a "bridging loan" to pay a 40k debt on the house i rent out until i sell the other property. from my research so far i am leaning towards a remortgage of the house i live in, so…
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Mortage Application Help!
My wife and I are from the UK and have worked in Australia for 7 years, we have been relocated back to the UK with the same company. The same company has set up a UK Ltd company and the Directors of the Australian company are the Directors of the UK company, I am not a shareholder in either the Australian company or the UK…
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How likely is a mortage under 2%
We have a mortgage offer in place to port our existing fixed rate (which is 1.99) and then borrow the additional for our new house at 2.35% fixed for 2 years. I thought this was pretty good, but my Dad just keeps going on on (and on) about going through a specialist broker, and that I should be getting the whole mortgage…
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Borrowing More - Rejected
Hi All, We had a call with our bank today for a decision in principle for borrowing more money, unfortunately it was declined before any figures were given due the bank saying our loan to value was 85.98% which has really confused us. We have been left scratching our heads and looking for some advice. We purchased our home…
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Mortgage calculator monthly commitments
What classes as monthly commitments on the mortgage calculators on bank websites? Is it just anything on credit/contract? I have just put my credit card (£41 pm), SKY line rental and broadband (£28) and SIM only phone contract (£10).
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Arrears Management Fees
Can anyone advise? I had arrears on my mortgage several years ago, so came to an arrangement with my mortgage provider to repay each month and included this with my monthly mortgage repayment. Each month an Arrears Management Fee is deducted, plus interest and my mortgage repayment. Surely to charge regular monthly amounts…
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Could fixed rates drop further?
My wife and I have a meeting with a mortgage advisor on Monday morning, so in preparation for that I have been familiarising myself with the current mortgage market, as it's been 10 years since we last did anything with our mortgage. Knowing that the Bank of England base rate hasn't changed since (?) 2009, I was a little…
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Renewal or base rate
Hi there I would be grateful for any advise. We are remortgaging for the first time in June (I know a long time away)...but want to look at our options. Going to a different provide isn't really an option, as I have debt. We are currently paying 5.8% interest rate and their variable is 4.4% is it wort getting to their…
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Between Exchange & Completion
A general question for the well informed. What does a lender do, between exchange and completion? For Example:- The offer has been sent out, the contracts have been exchanged and deposit has been paid. A completion date has been provided by the seller. When a solicitor tries to take the funds from the lender are there any…
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Halifax Mortgage queries
My MA has emailed me today with the following: have come back to me with a couple of queries that I can’t answer at the moment, so was hoping you would be able to help? Please confirm if you are aware about the details reflecting on both the applicants credit report and also confirm when this occurred, and why Please…
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Mortage with defaults
Hi everyone I'm looking to move house if it is at all possible So onto details i shall just list them.... wages me £40,000 partner £18,000 house value £120,000 left on mortgage £65,900 defaults on credit file... Note around 6 years ago I was made unemployed for 9 months then eventually got a job and was on 12,000 a year…
