-
Mortgage with an Ex?
Hi there, any help would be muchly appreciated. So, in 2008 I bought a house with my ex girlfriend, and 6 years ago we split up, but she's still on the mortgage due to me not being able to get the full amount on my own, however I moved out for 2 years and rented the property out so it moved to a rental interest rate,…
-
Unable to port mortgage with consent to let
I own a property that I bought on a five year fixed residential mortgage. My circumstances changed and I moved in with my girlfriend and we then had a baby. I got consent to let from the bank who approved it and we've happily rented for the past two years whilst tenanting the property. We now want to buy a new property for…
-
Advise on mortgage for first time buyer
Hello I'm hoping someone can give me some advise. Myself and my partner have applied for a mortgage in principle, the house is £140,000 and our deposit is £65,000. His credit score is spotless but mine isn't, I defaulted on a phone bill but it was paid off over a year ago. Is this likely to stop us from getting a mortgage?…
-
Mortgage loan amount variations with size of deposit
Hello, I'm new here so apologies if this has been posted up already. My query is, does anyone know if the amount a mortgage lender would front you would increase inline with your deposit? Say for example a provider would lend you £100k on an income of £25k pa and a &10k deposit (a straight four times annual income).... If…
-
Mortgage AIP trouble!
Hi all So I am in total quandary. Today we had an offer accepted on our first home... Well in budget and within the amount we potentially could lend. We engaged with a mortgage advisor weeks ago and have been guided by their advice throughout. Our concerns were always my partners credit history. He has 4 settled defaults…
-
Estate liability position?
My elderly mother bought a house in 2006 with my sister and sisters partner. They all had joint and several liability for the mortgage, although my mother had put in a large cash sum and it was understood by all that the mortgage was my sister and her partners responsibility. The house was owned as co-tenants not jointly.…
-
Broker or Best Buy search engine?
Call me naive and/or daft, but do brokers get any better deals from across the market than I could find myself using an MSE Best Buy search? So far I've been speaking with London and Country. Have remortgaged with them in the past, liked their service. We're now looking to move and I phoned them for some advice and quotes,…
-
Transfer of Equity - PLEASE HELP
SO.... About 18 months ago I decided to buy a property with a friend as it seemed the best way for both of us to get on the property ladder. I put down almost the entire deposit for our house which was about 22,000 and we have been paying the mortgage equally since. We are now in a situation where I am trying to buy him…
-
Mortgage advice required
I regularly look on the site for tips but this subject is a bit of a minefield for me.. I have been on a Halifax Homeowner Variable Rate mortgage since 11th February 2011. The interest is currently 3.99% and I pay £261.37 a month. It was initially a two year tracker. The current balance is just under £38,000 and I have 19…
-
Mortgage - Moved in - No credit search?
So we have just moved into a new house 2 weeks ago. The mortgage was applied for back in March and is all signed off with the first payment coming out next week. We have constantly been checking our credit files waiting for a search to pop up from the mortgage company, to then re evaluate our finances, in order to possibly…
-
100% mortgages
Can anyone advise on anyone that offer 100% mortgages? my daughter and her partner are desperate to get on the property ladder but they have no deposit at the moment. thanks
-
House undervalued
Hi Looking for some MORE advise!! Our mortgage advisor is actually on holiday so we can't even turn to ask him. We are buying a new build from Persimmon Homes, the plot we have bought is actually a couple hundred less than others on the site, all the others have been valued and are fine. Our home has been undervalued, the…
-
Should I pay off my mortgage?
Hello I currently have £7k owing on my mortgage and more than enough to cover it sitting in the bank. However I have sold my house and am currently looking for a new home, which will require a new mortgage to enable me to upsize a little. I don't have any debts but have a credit card which I pay off every month in full and…
-
Overpayment Calculatot.
Does anyone know of an overpayment calculator that will show if I just over pay each month for my deal period (2 years) the interest saved and term reduced for the full term of my mortgage (16 years) Also an accurate one as the two I have looked at so far show a difference in my remaining balance after 2 years of £3000!
-
Is it worth remortgaging?
Hi All, I'd be grateful for your thoughts regarding my mortgage. I initially took it out in March 2012 on a 25-year term with HSBC (£77,000 on a full-term tracker BoE +2.49%). I've been overpaying by around twice the monthly payment plus any spare cash I have at the end of the month. My mortgage now is £57,000 and I think…
-
Natwest application made - how long so i want for a decision?
I am self employed and have provided all of the requested paperwork and tax information. I am going through a broker if that is any help or not. just looking for a rough guide of timelines thats all. thank you.
-
HSBC remortgage application declined
Hi all, At this point I'm not asking for advice, I am merely writing down my experience with our HSBC remortgage application for some support and in case it helps someone in future. Our application was rejected yesterday as HSBC decided it would not be affordable. This came as a surprise as I worked out that we will be…
-
Remortgage down valuation, advice greatly appreciated
. .
-
Returning to UK from abroad
Hi, I know this cropped up a couple of post below (@bbucks1 - but didn't want to hog their thread). Can anyone shed light on returning to the UK from overseas (i lived abroad for 3 years, and had my parents address in the UK as my contact address with bank etc). Didn't close accounts either in UK. I am now living perm in…
-
Help- payslip address
Hi :) We are first time buyers, going through application with nationwide and I sent off my payslips. They have queried my address on my payslips which is my mums and I have forgot to change, and it is just outside of the 3 years of addresses that i have to give. I am worried that this will effect our application. Any…
