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Mortgage advice please
I will apologise before I start.......my knowledge of mortgages, etc. is very limited and if I come across as being thick/not understanding, please forgive me. I currently have a mortgage at a fixed rate of 4.89%. I have slightly under £97,000 left on the mortgage. The house was bought for £117,500, though it's estimated…
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Getting Credit After Mortgage Offer
Hi everyone, I have had a mortgage offer and was wondering would this be withdrawn if I took out credit? The credit is for a car as our family car will cost too much to fix. Any advice please. Thanks
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Increasing borrowing when remortgaging (what is allowed)
My current rate is due for expiry soon, so I will be remortgaging. As a result of overpaying and increases in value I'm down to around 50% LTV so am able to take advantage of the best deals out there. Despite the fees involved the HSBC's 0.99% 2 year fix is what works best for me. What I am looking to do is increase my…
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Looking for the right product
Hi Does anyone know of a lender who offers a product on the help to buy equity loan scheme with an ltv of less than 75%? We currently have a 13% deposit, 20% equity loan and require a 67% mortgage. Been in contact with natwest, Barclays, post office and Leeds vs all of whom will only lend 75%. Thanks
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Desperate: can I get a mortgage with a Limited Leave to Remain
Hi all I am trying to find a lender who will lend without indefinite leave to remain. I have rather special circumstances and have been refused a mortgage twice, so I'm worried about trying it again with a lender who may do the same without checking my circumstances. * I have been in the UK for 9 years, and have a…
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2x order charging land. Help!!!
Hi. I've been stupid and I need your help and advice. There are two orders charging land due to issue on my house. To the tune of about £2200. I can pay one off. £1100 approx And make inroads into the other, but I really need to re mortgage. I am Approaching End of interest only term so choices are pay morgage off or sell…
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Mortgage with negative interest rates coming
Hi, I am on a tracker + 0.89%. If the BOE were to lower interest rates by 1% would I actually earn money on my mortgage? I can imagine the replies: floor at 0% probably. but we also thought our interest rate we earn on our savings would have a floor at 0% and it looks like this could change...
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Parents Paying Fees
My parents are very kindly paying my fees for me (solicitors fees and stamp duty) which amounts to about £3500. Do I have to declare this as some sort of gift? My deposit all comes from the sale of my current property.
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Mortgage - Temp Letting due to Dad's health
Hi, I recently bought my house to move into but my dad has small cell cancer which will never go but was being controlled and during the last month took a bit of a downturn where he is constantly exhausted and so would like me to stick around for a little while longer. Due to this I would like to rent the house out so that…
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where to pay off first with multi sub accounts?
mortgages, I have a mortgage with 2 subaccounts, A has a rate of 4% and a balance of 100000 B has a rate of 3% and a balance of 120000 I currently pay part and part off, so 500 goes to A and 550 goes to B. I wondered what would be the optimum payment, and how to work it out. so for example if I pay 1050 all to A until its…
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Natwest Overpayment
Hi, I've paid a small over payment on my Natwest mortgage, for some reason they take it by debit card they don't give you the option of a bank transfer. This will hopefully take me under the 85% LTV mark for my remortgage elsewhere but they said it could take 10 working days to clear. I wanted to apply next week (after the…
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Mortgage help please!
Hopefully someone can help. We are looking to move house shortly and will have equity of around £120,000 and are looking to downsize and are looking for a small mortgage of around £40,000 for a £160,000 property. I have been out of work since october for medical reasons and will look for a new job once we are settled in…
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Using a credit card during mortgage application?
Hi, I've just received a decision in principle from Nationwide and they're starting to process my application. I'm going to Spain next Friday and I was planning on using my Halifax clarity card whilst out there (to get a good rate and to save me taking more money than I need to). I plan it off straight away (daily if…
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Mortgage without my husband
I just called my mortgage provider - The Post Office (Bank of Ireland) to remove my sister from my mortgage. Since buying my house I got married and my sister now wants to buy a house of her own. I was told that it might be the case that I'm not allowed to get a mortgage on my own because it's a rule that married partners…
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Need to Buy a New Car
So the plan all along for my partner and I has been to buy a house with no outstanding debt, and financial commitments limited to Childcare and my Student Loan payment each month. Somewhat inevitably, the car has decided to pack it in right before we begin the process (plan has always been to get a new car once we have…
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Maybe2day
I have a 2nd mortgage with Blenheim finance now together of £26,000...about 2 years after it was taken out my husband lost his job.. i worked part time& with children finances became strained started missing payments on most things over a 9 month period, we have now both been back in work for 6 years and have made regular…
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remortgaging now wife is not working
hi - I'm new to this forum, and wondering if anyone on here has any experience of remortgaging when a partner has stopped working. Does it affect the application? Also, my current mortgage has an early repayment charge, but I know I can get a better deal with the same lender, is it possible they will waive the early…
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Help Parents with Mortgage
Looking for some advice. My father lost his job 18 months ago and now the family are struggling to pay £1100 mortgage per month. They do not want to downsize. We believe the property is worth over 300k and there is about 115k outstanding on the mortgage. My dad, mum and brother all live in the family home. Mum and brother…
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Dumping my broker - any recommendations?
I'm weary of chasing up my mortgage broker and days going by without any response from him by email or telephone, so I'm dumping him. Frustrating, but that's the way it is. Has anyone had success with a particular broker on a 95% LTV mortgage for FTB and, if so, please could you pass along details so that I can get in…
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Has anybody bought a flat with Nationwide?
Hi, Has anybody on here bought a flat with Nationwide? I have my survey coming up and am very, very nervous. It's four storeys including ground floor without a lift. It isn't ex-council. I think the price will be okay, I am just a very anxious person. It's a tough time in my life and bittersweet so I want it to go through…
