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Remortgage with an unsecured loan
Hi everyone I'm looking at remortgaging in July, but I'm also contemplating getting a loan of £35k for a new toy (essential toy!). Will this loan (unsecured) affect the chances of me getting at good rate at remortgage time? I've just enquired with my mortgage lender to see if if can tie in to a new mortgage early (I.e.…
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Mortgage Advice please...
Hi there, I've a couple of questions that I'd appreciate some advice with. First of all a quick background... I'm thinking of buying my house under the right to buy in Scotland. I'm entitled to a £15000 discount on a house worth £60000. therefore £45000 outstanding. I expect to be able to have a £5000 deposit available…
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Will two part time jobs affect mortgage application?
Hi folks, So bit of background first...Me and partner bought our first house 2 years ago, at that time we were both in full time employment with a large company, myself being employed there for 3 years and my partner around 2 years. Getting a mortgage seemed to be a very simple process and all went well thankfully! Now…
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Is this mortgage realistic
Is the following realistic; Our house is valued at £165k (quick sale) but EA recommends something in the £170s as an asking price. Surprisingly, we've seen a house we love on for £265k. Joint income of £62k. I am due a payrise of about £5k this year, but unsure when promotion will be signed off so unlikely to be in time…
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Avoiding stamp duty hike...
Hi there, I'm planning to port my current residential mortgage across to a new property I plan to live in. I then plan to get a let to buy on my current property. I spoke to my solicitor yesterday and as far as she could tell, with this being the case she thought I would avoid paying the double stamp duty hike at the end…
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Offset Mortgages and new savings tax changes
We're currently paying 4% on our offset mortgage. I've always been comfortable at that rate even though I knew we could get cheaper rates and the one account rather than different accounts for everything suited our needs. However now the new tax allowance is coming about and interest rates may rise (although I don't think…
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Applying for nationwide DIP.. whats my chances?
Hello! Im wishing to apply for a DIp via nationwide! Im abit nervouse as i spent a good amount of last year in my overdraft and had a loan. Iv now paid off my loan (early) and havent been in my planned overdraft for 3 months! :) (Yaaaay). I bring home just under £1800 a month and have an out going of £120 direct debits…
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Time question
A quick question for those in the know? How long does it take roughly from doing full application to move in date? Or rather how quickly can this be done? (Given DIP already obtained I just mean from full application) I know it will vary just a rough idea. Thanks.
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Affordability help
Hi we have just accepted offer of £190k on our 3 bed end terrace house, we have 90k nationwide mortgage with nationwide over 18 yrs paying £640/ month we have two children aged 6 and 3 we are comfortably off currently husband earns £33k yearly and I am part time earning £16.5k no debts and can cover moving costs and will…
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Removing Person From Endowment Policy
Hello All, Looking for some advice. My partner had an endowment mortgage 20 years ago in his and his ex partners name. He is the only person to have paid into this policy- the relationship ended less than a year after it was taken out. She has moved abroad and his attempts to get her to sign off the policy have not been…
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1st Re-Mortgage - BritishGas Hard Credit Check
Hi MoneySavers, So, I am coming to the end of my first mortgage fix in June and had been getting things in place for Fixing again for as long as I could (Nationwide - gawd bless 'em) I have checked my credit score and its pretty good. Experian score 999 - it will need to be as I am only just earning enough with the…
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Clydesdale timing between valuation and offer
Hello, getting a mortgage with Clydesdale via a broker (joint mortage, one of us is a contractor). How long is Clydesdale taking to go from valuation to mortgage offer these days? Kind regards Massi
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applying for mortgage with partner but I possibly have a poor credit history
Good Evening. Myself and my partner have had an offer on a house accepted. My partners income is 66k a year. I work part time for £19 pro rata. We have a child together. This will be our first property together (other than renting for 8years) however I have a poor credit history from being at university and then silly…
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Right to buy mortgage
I was wondering if i can get a mortgage on my right to buy house? I've lived in the house for 25 years so can get 55% discount. The house is worth about £140000 and i could get it for around £62000. Does anyone know if they would take the discount as my deposit? Also do the major lenders give mortgages on right to buy…
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concessionary purchase - nervous about debt
We've had a change of heart so I'm deleting this post
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Ways to release money under 55
Hi there. I was looking for advice or if someone could steer me in the right direction. My home I bought when I was 19, I am now 32. I have nine years on my mortgage left approx. My house is a bit dated and really want to do home improvements. I have poor credit history and I would like to know how I can get money back…
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First time buyer - new build
Afternoon all, Hope this is OK for a first post, all this Mortgage stuff is very confusing. I'm thinking about biting the bullet and moving out and buying my own place. There are some good looking new build flats being built locally right by the train station (I commute into London) for £200k I have saved up just under…
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1st Mortgage Fears
From 18 I began using store cards and got myself into some debts, I steered away from pay day loans and my now fianc!e helped me clear the debts but I know through occasional missed payments on bills and going over drawn etc I messed my credit rating up. I am sorting it out, slowly but surely getting back on track and my…
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Mortgage flat to pay off house
Hi everyone. Mortgages and tax not my thing so I'm hoping someone on here can give me some advice. I currently own a flat which is mortgage free and I rent this out. The current value of the flat is estimated at £60k. My residential property has a mortgage which has a balance of £63k remaining with approx. 60% LTV. How…
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Do my sums add up?
Hi I've been waiting ages for my mortgage to drop into the 60% LTV so that I can tie myself in to a 5 year year fix but having checked online, the value of my house has actually dropped. Currently I have £64000 mortgage over 16.5 yrs, paying £390pm on a 2.39% tracker HSBC (who I'm with) have a 2 yr fix of 1.74% (fee free)…
