-
First meeting with solicitor, what to bring?
Just a quick question. I've been to a mortgage advisor and I have a mortgage in principle. I am due to go to the solicitor for the first time tomorrow to put an offer in for a property but I was wondering if I need to bring anything with me? I ask because I have stupidly left my documents including my mortgage in…
-
do banks send offers at the end of fixed terms?
Afternoon all, Our fixed term finishes at the end of October, will the bank send out new offers are will they just it to fall back on the svr? Also, does anyone know if the same lender will do any incentives to try and keep you? Ie waive the product fee of give a better % compared to what's online? Thanks!
-
Natwest rates for existing client remortgage
Hi, I'm currently with Natwest and going to take on a new product in the coming weeks (once the BofE decision has trickled down). The rate I was being offered is 1.74% 60%LTV. but when I did a search this morning on L&C they are now offering a rate a 1.44% LTV. This was confirmed when I looked at the intermediaries website…
-
.25% rate cut, how fast will it trickle down :)
I have a Halifax mortgage and 2nd mortgage with Elderbridge, I wonder how fast if ever will the cut trickle down to me 😀
-
Using Help to Buy ISA for Deposit
Hi all, Please can someone help :( Searched high and low for clarification on this and even on here, i've struggled to find a definitive answer and i'm all stressed and confused :rotfl: So, as a background. We're looking for either 95% or 90% mortgage for this house at £214k. For arguments sake, lets say we're doing 95%…
-
My mortgage/interest rates
Do we have any financial people on here that could give me a bit advice? My fixed rate is up on my mortgage, my mortgage is fairly small. After my fixed rate coming to an end. Iv paid the SVR at 4.99% for the last 2 months which has cost me £40 a month more than the price I could get for a new fixed rate. I seen on the…
-
Anyone applying for a mortgage through Skipton?
Hi Wondering if anyone has applied or is applying with Skipton bank? Any timelines?
-
Seeing mortgage broker with no intention to take out a mortgage (yet)
We have 8 payments left on our hefty (£62K) DMP - and would hope to remortgage to raise £100k for serious home improvementsin about a year or so's time. We are in a joint DMP - all my defaults should drop off next year, and DH will have two for a further year as Co-op were so late to default him (although started DMP in…
-
Interest rate cut & Santander
Just curious but should the BOE cut interest rates again, are Santander known for passing this onto their SVR customers? Thanks
-
Nationwide online confusion
Hi so had a DIP accepted and have been sending documents and calling when the documents aren't satisfactory and sending what they had, the file updates say DIP accept after everyone, this morning there is a DIP DECLINE on my file, followed by '6 months bank statements received and awaiting approval' is this bad news? I'm…
-
Mortgage past retirement
Hi, my mum is 55 and currently has a mortgage on her property with my husband named too (done initially for affordability). We would like to get my husband off ASAP as we have had various issues of our own and the thought of this affecting my mum scare me! However the problem is that (even though she pays all the mortgage…
-
First time buyer - confused
Hello I am looking to buy my first home and I am not sure how to go about it. I have a deposit saved up which is around 15% of the homes I have looked at in my area. I have seen a house I would like to go and view but before doing this will I need to see a broker and get a mortgage in place? Or will the estate agents help…
-
Second mortgage??
Hi My hubby and I are looking to move house. The house we live in at the moment had a small mortgage in just the hubbys name. I own a property with a small mortgage which my parents now live in. They pay the mortgage to live there, I just hold it in my name. my question is - will this affect mine and hubbys chances of…
-
Co-Operative mortgage waiting time?
Hi, just wondering if anyone knows how long it takes to get a decision from the Co-Op? Full application went in Friday and they have asked that I pay a loan in full before they'll offer what I wanted (otherwise they'd reduce the offer by £5000 even though the loan was for £600 through SCS). I paid this off in full earlier…
-
Help me understand how mortgage interest calculation works
Hi guys, Can anybody please explain to me how the interest is calculated on fixed term repayment mortgage (with Halifax). I thought the interest payment will decrease every month as the loan is now lesser. Below is my transaction history. e.g. Why is interest amount of 303.73 on 31 Jul 16 is higher than 30 Jun 16 interest…
-
I am really sorry, stamp duty again !!!!
Hi. My wife owns a house (before we got together) worth 80k. She bought it in 2006, mortgage and deeds in her name. She rents this house out. I own a house, mortgage and deeds in my name. Mortgage of 98000. We are currently remortgaging (main residence) for 115000, property worth 128000 and we are adding her name to the…
-
joint endowment-no ex partner signature
Hello everybody. Along time ago I bought a house with a girlfriend. We split up about 1 year later and both moved on in ours lives. I continued to live in the house paying all the bills etc until eventually i sold it about 16 years ago. I never cancelled the endowment and now it has matured, but before the company will…
-
Remortgage adding to my loan due to ERC
Hi I have used a mortgage adviser in the past and been discussing the following. I am fixed until June 2019 on a rate of 3.09%. I was thinking that the latest rates are very favourable, and having used the "is it worth it" tool on MSE and was suggested that I shouldnt move unless I could get less than 1.81% (which I can).…
-
Nationwide repayment help
Hi, I am Remortgaging from Natwest to nationwide, (hopefully) my Natwest payments are the 28th Month and cover interest from 25th - 24th of the previous month. Looking at the Nationwide documents, if i complete say the 28th August, the first months DD will be taken on the 1st September in advance? So I will need to pay…
-
Mortgage affordability
A young friend of mine has separated from his girlfriend after living together for around two years. The mortgage is in joint names. He is going to remortgage in his sole name, but is concerned that the lender [Santander] may say he is unable to afford the repayments on his own. He meets the 'multiplier' factor as far as…
