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Mortgage Rates
I have a mortgage with the Halifax. We asked permission to miss a payment due to the heating and car packing up and they agreed. I am in an IVA and the mortgage owed is around 190K with the house value of 300K. Have never missed a payment but are just struggling to pay back the arrears. I have 5 different rates and they…
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Moving after 3 months
Before I contact my lender I was just wondering if anyone had experience with moving very quickly? What are the realistic possibilities of buying a property are after 3 months in our current property. Our mortgage is a 2 year fixed with Virgin Money, when we bought our house we were new customers with them. Would be…
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I do spread betting regulalry does it affect my mortgage application?
Hi, I need some advice and below is my situation. I currently already own a 2BHK home. I want to move to a bigger home possibly 5BHK. I have excellent credit rating and never defaulted on any payments. I earn around 80K per year and employed full time. I regularly do spread betting on index and shares. I have lost a lot of…
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Looking to release equity - advice
Hi all, We're looking to release some equity in our house and wondered what we could potentially borrow? Our current mortgage is with Virgin and has about a year left on the current deal. Our house was valued last week by an estate agent (I know banks will value it too) for £190k. We owe just under £120k How much roughly…
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HSBC One Day Mortgage
Has anyone gone through the HSBC One Day mortgage process mainly wondering how long it takes to go through....approval....valuation etc all comments welcome
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remortgaging on temporary contract
Hi, We have paid almost 2-years of our first-time buyer mortgage. Our deal ends in October, so we are looking to re-mortgage. Hopefully our LTV has reduced now! My partner is still in the same job with slightly better pay than when we took out the mortgage. Currently I work as a teacher, but due to work-load, I am wanting…
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Mortgage panic
Hi, here it goes been looking on here for ages but only decided to post today!. On 07.04.16 hubby and myself had offer accepted on a house. That's the yay bit..... Then sets in the panic!!! In 2008 we had our first house repossessed after my husband was made redundant and I was on maternity leave, to cut a long story short…
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FTB questions
Im ready to be a first time buyer but have a number of questions/worries that I cant find answers to - i'm hoping you guys can help guide me. know the property i want to buy but need to move fast Q1. If i go through the application process but for whatever reason do not take the mortgage what fees am I likely to face (e.g.…
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savings or gifted deposit?
I was left money that I'm going to use as part of the deposit for a flat, it was stated as 'divided equally' between myself and the executor but I've been given the majority of it by the executor who has now transferred the money to my bank account do I put this down as gifted deposit or savings?
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Skipton Mortgage Experience
Hi i have posted a couple of times but i am just wondering if anyone can give me an idea of Skiptons Mortgage application process. We have had our valuation instructed for monday and im just wondering if things can typically go wrong after this. On their tracker page it says the underwrite is pending as the require…
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Removing my name from a joint mortgage
Evening everyone, looking for a bit of advice When i was 18 a naive (now 26) my uncle got in a bit of trouble with his ex wife and wanted me to help him out so he could get her off the mortgage. At the time i didn't think twice and we were very close and wanted to lend a hand, little did i know it would cause me this much…
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Kensington Mortgage fees and secuirity charge
Today I received a letter from Kensington mortgage company who took over my mortgage from GE money over a year ago. In that time I have not missed any payments and GE informed me all existing terms and conditions would be honoured Today I received a letter showing I had overpaid my account by £20 to date but demanding…
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Down Valuation - Coventry Building Society
Hi All.... very frustrating thing happening - selling my house privately - buyer is getting a mortgage through Coventry BS - 65% LTV. Her valuation came in £11k under our agreed price, which is still £6K less than what I paid for it in 2012.... its a Victorian end of terrace - 3 beds.. houses around are all 2 beds.. with…
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Self Employed and Living Abroad - Will I get a Mortgage?
I'm hoping someone with mortgage experience can offer some advice... I have been living abroad since 2011 and will be returning to the UK in August. By then I hope to have found a house to buy (my first home) as my parents will be looking for the house while I'm not in the UK and will be living with me and my partner once…
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Cheapest way to borrow money?
Hello money savers. We're looking to buy a house outright, but (as always) that next rung of the ladder is very enticing. If we have 200k and want to buy for £215k, is a mortgage our best bet, or would we be better off with a loan, or something else? Sorry if this is a silly question, I'm really awful with financial stuff!
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Specialist Mortgage FTB, Contractor, Personal Debt
Hi I hope someone may be able to offer some sound advice, we've been told both ends of the spectrum so it's difficult to know how best to proceed. Situation is this. FTB, property price of £300k, 10% deposit available, Limited Company Contractor - split dividends with wife (joint shareholder), joint income of 100k+,…
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Big deposit but low (accepted) salary - is a mortgage possible?
Hi all, My partner and I are in the situation that we have a sizeable deposit due to inheritance but I have a salary of around 22,000 (possible set to rise soon but not sure yet) but he is a postgraduate student. He has a tax free and fairly generous stipend which combined makes our living comfortable and would in practice…
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Mortgages and marriage query
Hello, I had an initial appointment with our broker this morning to see what we could do with a 10% deposit. For a couple of reasons which will become clear, we were planning that the new mortgage would be just in my name and based on my salary. However, it appears that because we are married, my husband has to be named on…
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Santander NOT SO Portable Mortgage
Thirteen years ago I took out a mortgage with Alliance & Leicester (now Santander) on a very favourable 0.99% above base Tracker. One of the deciding factors in choosing this mortgage was the fact that It was portable and providing I met the criteria, (namely the loan to value% of the property I was moving to) then I could…
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Mortgage Advice - Been silly in the past!
Hello, This is my first post but I have been keeping an eye on the forums for a while and couldn't quite see another scenario which matched my own. My partner and I are looking to purchase a new build home shortly after Christmas, as the plots we like will be released. We will need to use the Help to Buy scheme with a…
