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Houseproblem
Please can you help me? In 2000 I left my abusive partner who I owned a property with, I was advised by my solicitor to let him keep the house as long as he was paying the mortgage as he couldn't sell it with out my consent and it was likely to appreciate in value. I moved into a privately rented property with his disabled…
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Mortgage with CCJ?!?!?
Hi, myself and my husband have recently moved in with parents in order to save for a deposit for a mortgage. My husband was self employed up until July last year, and as a result of his self employment we got in a little bit of debt. My husband has a CCJ of £3000 unsatisfied from 2013. We haven't been to see a mortgage…
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Historical Mortgage rates for a bank
Does anyone know if there is a way to view the mortgage rate for a particular bank for the last year, so I can see how it changed? For example, 5 year fixed rate Nationwide, currently 2.24 % but I want to know if it was lower in the last year. Thanks, JD
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Multiple bank accounts
I have a total of 8 bank accounts in order to maximise interest, and I circulate the same 1000 pounds through all of them each month in order to meet funding requirements. Common enough on here - but I suddenly wondered whether, to the unenlightened, this could look extremely dodgy when I apply for a mortgage. Does anyone…
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Decision in principle help!!
My partner and I recently got a DIP with nationwide for £260k however since this we have found a home for £270k and we can afford the deposit on this. we would like to buy this house so would therefore need to change our DIP. Does anyone know if this is possible? Can you have two DIP with the same lender? Thanks in advance
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Declaring future wife on mortgage application?
Hi, About to start using a broker to find a mortgage for me as I would like to sell my house and move. To cut a long story short, I wanted to stay with my current lender (HSBC) as my early repayment fee is high. HSBC gave me a mip for a good amount so I went about searching for a new house. I put mine on the market and got…
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Buying fathers house
Hi All! We have lived with my father for 4 years now unintentially at the start. It's worked out so well that we've decided to stay put. He owns his house outright but the house needs a lot of work done. The work has been estimated and we would need a mortgage ideally to raise the funds. He is 70 and retired so would be…
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New bankcrupt - mortgage?
Hello, recently bankcrupt. Anyone got any experiences on how long before a mortgage, with who, deposit amount etc Any mortgage broker reccomendations? Also - would it be possible for my parents get a 2nd residential mortgage with my fiancee due to my situation or could they act as guarantor? Heard nationwide are about the…
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Refund of Deposit
Hi everyone, I just wanted to get some advise from everyone as I am currently a first time buyer. Please be aware, this is quite a lengthy one... I've seen a new build flat that I've liked by Barratts, the completion date isn't until end of May/June'16 time. But they would like a mortgage to be accepted and exchange of…
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Healthy salary, joint mortgage deposit advice
We have a joint salary of just over £100k. We are looking to purchase a new property (currently renting) of up to £300k in mid-2017. We on track to save up at least £30k, meaning we will have comfortably saved up 10% deposit. I had some historic credit problems dating 2009-2010, but half of them have been settled,…
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Basic survey didn't spot roof problems - help please!
My fiance and I purchased our first home in October. We only had The mortgage valuation report completed via nationwide. Turned out to be tons of problems with roof and it needed completely re roofing. Not only that but the main chimney was completely structurally unsound and had to be stabilised wth a steel beam. This all…
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Help to Buy Mortgage Guarantee Ending Dec 2016 - Implications
I understand that the Help to Buy Mortgage Guarantee Scheme is due to end by the end of December 2016. This seems strange given the big push for the scheme and support for first time buyers. Hoping that it gets extended at the next budget! Is this likely to lead to a big reduction in the number of 5%-15% mortgages offered,…
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Negotiating New Mortgage rate after FT ends- credit card use.
Hi, Newbie here seeking a bit of advice. our fixed term interest rate ends in May and we're looking to negotiate a new fixed term with our current lender. Since getting the mortgage we've had a baby (unplanned!) & a few house issues so a credit card was an essential to help us over maternity leave, however we've never…
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Any good mortgage brokers on MSE?
I'm looking for a good, experienced independent mortgage adviser and I was wondering if any MSE users have any recommendations? Forum post or private messages welcome. Of if MSE publishes a list of brokers who use the MSE website and have signed up to their code of conduct?
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Mortgage for second home. Is this just a fantasy?
We want to buy a second home in the UK. The plan is to rent it out for the summer season, and live in it for most of the winter. The house we are looking at is 250k. We would have a deposit of 50k. It would have a rental income of about 800 a week, for 12 weeks worst case scenario. It will be in my name only, I earn 30k-…
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Completion
I have been given notice that completion of my property will take place in the coming week. Is there a chance I will be credit checked once more upon my solicitor taking the funds from the lender, or is this just a formality? Thanks
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help to buy mortgage guarantee
Hi, I am a first time buyer and have 10% deposit however I have seen somewhere for slightly more (350-360,000). If we were to proceed, it has been suggested using the help to buy mortgage guarantee scheme - has anybody else used this before and how often are applications approved? It would mean approximately 5 - 8% deposit…
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Chances of getting a mortgage as a PhD student?
Just a question... I have a 12k deposit, and I'm looking at buying a £76k flat (so it's not a huge amount to borrow). I get a tax-free scholarship of £14k per year, the only thing is that this is fixed-term until October 2017. I think this will limit me, even though there must be so many other people out there on…
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Mortgage issues & separation (long thread)
I separated from my ex-partner in November. We're not married. We have one child between us who will be nine years old in May. I am at a cross roads and would like some advice. We own our property as Tenants in Common. We have owned the property for approximately 14 years. We have a mortgage that has approximately 7 years…
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Mortgage approval in principle 3.6% but final bank offer was 4.59% - Adviser to blame
Hi All, Last year I bought a house as a first time buyer, hence I decided to get help from mortgage adviser. I got mortgage approval in principle at 3.6% and I have signed all the paper to go for it. 3 months later! I got an offer from bank, but it was different to what I have agreed to - 4.59% . Due to the fact that the…
