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Remortgaging - Interest calc?
Afternoon, I wonder if anyone can help me with the following query. I'm looking to remortgage my property with a new lender at the start of next month as my current lender has become very uncompetitive. My product ends on 1st April where I'll be free of early repayment charges. My monthly payment is normally taken on the…
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Temporary Contract and Mortgage Help
Hello All, New here and just looking for some advice or someone who has been in a similar situation. Me and my partner have had our offer accepted on an apartment for 100k (10k deposit) We were going to do the mortgage just in my partners name (who we already have the DIP for) because I am currently on a temporary contract…
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Help to buy ISA
Hi, My husband and i both opened a HTB ISA with Halifax in December. Unfortunately, our circumstances have now changed and we are now looking at buying a property ASAP, so the savings we've gained isn't much, but at least it would have paid for the solicitors bill...or so we thought! Ive been in touch with a large (ish)…
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No offer, but paperwork from a solicitor?
Good afternoon, I currently have a re mortgage application going throughwith Natwest. They have contacted me today for further evidence (2 months CISvouchers) however I have just taken a call from a solicitors who have beeninstructed on behalf of Natwest. I haven’t actually received an offer yet…should I getexcited about…
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Equity Release
Hope this is the correct section. Has anyone pursued equity release? We are thinking about it an wanted peoples thoughts etc. Property worth approx £124000 mortgage left is around £35000, would it be worth it?
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Help to Buy with joint ownership
Me and my partner are looking to buy a property soon. I am a first time buyer and he has a property. I have a help to buy ISA, would I see be able to get the bonus from this even if I am buying with my partner who isn't a first time buyer? Thanks for your help.
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Mortgage rejection... The cost?
Hi all, Quick Q, if my mortgage application gets rejected do I still pay the arrangement fees and survey fees (and conveyancers fees)? Thanks
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Tax question around boyfriend and sole mortgage
Hi everyone We're in the process of looking for our first house to buy and will be applying for a sole mortgage under my name due to the boyfriend's very poor credit history. He will be living with me and paying me money as rent, with the idea of eventually adding him to the mortgage when he builds up a good credit history…
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How to get mortgage if recently moved from overseas
Hi, I have recently moved back to the UK after 4 years overseas, with Australian husband and we would like to know how we go about getting a mortgage. I already have a property in my name that we can sell and will give us roughly about a 250k deposit. He can raise maybe 100k. I have only started working recently on a self…
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Time to tackle this! Remortgage
Currently on TSB standard variable rate. Want a lower fixed deal but have quite a lot on credit cards (40,000) and possibly some adverse marks on credit file (late payments/overdraught limit exceeded). What are the first steps for looking at the options, if there are any. LTV is good outstanding mortgage 170,000 value of…
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Mortgage offer in!!!
Virgin mortgage offer received I am so bloody happy :beer::beer::beer:
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Mortgage calculator
I have looked at the mortgage calculator on this site and to borrow £100k over 25 years is £333 on interest only. How is that calculated? I am trying to work out the formula.
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Friendly advice please
Had a voluntary repo in early 2013 due to severe circumstances and have since cleared the shortful (settled on files) and have no other debts and presently building savings. Also working on credit files all the time and both look good other than the mortgage settled default. Both now in much better jobs with a combined…
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Bank statements with underwriter for re morgage
Good morning, I have had an email from my mortgage advisor to say that mybank statements are with the underwriters. I am currently re mortgaging for£20,000. My property has been valued at £250,000 and my current mortgage is £133,000 I am employed and have submitted my payslips, but I am also registeredself employed for my…
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bad credit history/adding name to mortgage
My other half want to add me to the mortgage as we are moving house. I've got bad credit and some debts he doesn't know about. He is aware my credit isn't great as I was useless with money growing up. Will I need to declare all my debts to the mortgage company. I really don't know what's involved.
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Mortgage
Hi, Have applied for mortgage application after having a decision in principle agreed. I have been informed the lender will agree but based on less then what was requested, based on pay slips/commission. We potentially have option of providing extra amount requested in deposit or providing extra payslips to obtain…
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HTB equity loan * student loan
Hi, I'm aware that to offer authority to proceed from a Help to Buy agent, you must meet their criteria, specifically no more than 4.5x gross income and 45% debt to income ratio? Can someone tell me whether student loans would be subtracted from that gross income before multiplying by 4.5? Example: if I have a gross income…
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Retention?
Hi, So we finally had the phone call from the mortgage broker today! The valuation has come back fine, apart from one thing: the property we are purchasing has been treated for damp at some point in the past. As part of our mortgage agreement we have been asked to have someone qualified out to do a report/assessment on the…
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Do I need to be there for contract exchange?
Hello all, got a question about house buying. The mortgage is approved, survey is done, solicitor is doing the checks and all is going fine. But, my problem is I am away from the country right now. It is a join application and everything is also in my wife's name, but my main question is if there are going to be any hold…
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Mortgage help!
Good evening, I'm looking for a whole heap of advice! We have recently put an offer in on a house that was accepted. We backed this up with an AIP from an independent financial advisor. I have a few suspicions about the credulity of the person we used for a few reasons, mainly after being in touch with another financial…
