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Help First Time Buyer
Hi I have just accepted Voluntary Redundancy and my severance pay i want to use as a House Deposit but I am guessing it isn't quiet enough so wondered if anyone had any advice on how best to use the money and make it work. I have looked at the Help to Buy ISA's and wondered if these would be of use as I would like to think…
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Excessive Mortgage Admin Fees - Reclaiming
My mortgage was moved from GE to Kensigton recently and I have received a statement showing £1680.60 in fees charges and interest transferred over Kensington told me they cannot get involved with the fees and that I needed to complaint to GE. GE have closed the complaint and not upheld it stating the fees belong to…
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Documents for mortgage application
Hello all, will I need to provide statements for all of my current accounts on my credit file? I have 3x but 2x are not used and the 3rd is my main account where all my salary and bills are paid in and taken out. The other accounts don't get used and will show as nill balance on my credit file. I am just wondering if I…
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Lender Turnaround Time
Hi all, Do anybody know what the typical turnaround time is for mainstream lenders. I applied with Halifax recently and their valuation fee was immediately shown on my bank pending payments but it was so quick i doubt that means that they have assessed the application. First time buyer with a few funny circumstances so all…
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FSCS Mortgage Claim
Just wondering if anyone has experience of claiming from FSCS for mortgage miss selling and if making a claim would you use a claim firm and pay 30% of the compensation or can you do it yourself are there any risks downsides etc?
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Don't want to pay off a mortgage
I don't want to lose my 1.08% mortgage when I sell! I have a flat on the market, and it's mortgage is Woolwich 1.08%, £100,000. I also have another buy to let, which is a much bigger mortgage with much higher interest rates. What can I do to make the most of the cheap mortgage? Is the Woolwich mortgage possibly portable?…
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Completion day question...
Hi. Getting close now! We're now at the point where our solicitors have asked for a completion date. We're actually buying the place we're currently renting... so have suggested 6th June as our completion date, as it's when our rent is normally due. They have come back to us saying they want completion by the end of May.…
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How rare are down valuations
I tried to get a mortgage on an old cottage 6 months ago but it was downvalued by 5% (there were limed or no comparable properties) We are now having a mortage valuation on a new place, a 1930's semi and looking at sold history there is nothing at the price level that matches the spec of our property. We are worried about…
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Chasing up homebuyers report
Hi, My mortgage valuation and the homebuyers report were both carried out on the same day, the 29th April, by Natwest. I have since received my mortgage offer, but I have not paid for the homebuyers report and I have not received it. My mortgage advisor just said the homebuyers report has been done and it will be sent…
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Which account statement does a mortgage company look at?
My partner and I have just opened a new joint account to pay all our bills and just to get a better grab on finances. We are due to remortgage in November so want to clean account up now in preparation. My question is: Will the mortgage company look at all accounts i.e. joint and two personal or just the joint? Many thanks.
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Remortgaging advice, please!
Hi all, advice appreciated on options (as I see them) below: Siutation: My family moved into a new house, bought at £205k in November 2014, mortgage of £193,675 (I think!), just under 95%. The house was bought in my name because my partner had an old bad entry on his credit file. This November, our 5.79% rate ends so I…
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Advice for a dentist (who has moved around a lot)
My partner and I are looking to buy a property together in London. I am self employed web developer (8 years self-employed) and she is a Dentist. Like most Dentists she is (technically) self-employed - but unlike most self-employed people; she has only one employer, a guaranteed income and a permanent contract. After many…
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Interest repayment mortgage question
Hello. I recently met with my case worker to discuss my housing needs as I have long term health problems. There are a few bungalows being built locally which are specifically for wheelchair users on a shared ownership basis. I currently rely on HB to pay my rent as I am not well enough to work right now. I don't have much…
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Will this affect us for 6 years?
Hi , Last month I messed up and didn't put enough money into bills account to cover mortgage. As a result the DD was returned. I noticed this this the following day and called the bank and made the payment with my debit card. This means that the payment was a day late. I can see that this is logged on my credit report this…
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Remortgage with wife additional SDLT payable?
Hi, I would value some advice regarding the following scenario if possible. My current mortgage deal on my main residence is coming to an end and I have decided to remortgage with my now wife (there will be a transfer of equity) ie mortgage changing from single to joint names. I also own another buy to let property in my…
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Halifax 1% cashback for FTB
HI, I was wondering if anyone can give me an advice. We bought a house and took mortgage with Halifax through a broker. Application completed 22/04/16, exchange of contract 06/05/16 and completion 12/05/16. I have been recently informed by Halfiax Mortgage advisor that I may be entitled to their current offer of 1%…
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Moving house and mortgage
Currently had a offer accepted on a house and unsure what route to take on the mortage. Our current mortage can be ported over to our new house, £200, and remain on the same rate of 3.79 till June 2017. we currently owe £109000 and will go over to the variable rate. We need to take another £12000 which will be on a…
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Remortgage and taking additional amount for extension
Hi all, I am currently looking to remortgage and take an additional amount for an extension. I have a rough idea about the house's current value but have booked a home valuation for next week to get an accurate price. I have been quoted for the building work so know how much that will cost, based on where I think the house…
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Halifax mortgage promise. Will it be declined from defaults?
Hello there, Myself and my partner currently have a mortgage with Halifax and have done since September 2010. We've changed the product at the end of each term, but remained with Halifax ultimately. We have now just sold our place and are in the process between selling and buying. We have a mortgage in principal from both…
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First Time Buyer Mortgage Appointment
Hi, First time poster, First time buyer here. I have a mortgage appointment at the weekend as a first time buyer. Im currently in full time employment and have been for the last 8 years. However at the end of June im going to be made redundant, reason being i can afford a house deposit at the moment coming from that…
