-
No leader expecting tax credits as kids are 14years old - cant get a mortgage
I am looking to remortgage as our fix has ended and we are on a stand rate. However, no leader is accpeting our tax credits as the kids are 14, 13 and 10 year old. Our mortgage is 79k and the term will be 9 years. Our mortgage advicer is not intrested in doing our mortgage as amount too less and other advisers want to…
-
Witness to sign contracts
Got contracts through from solicitor. In one section it requires a witness signature ... Who did you all get as a witness ? I understand it can't be parents .
-
Waiting for approval from Halifax
My boyfriend and I are applying to remortgage with Halifax. We are currently with Kensington because my credit report is shocking and they were the only ones who would take us 3 years ago when we bought our first house. I have 2 defaults and a CCJ (the CCJ was actually from only 18 months ago, so my credit score is now…
-
halifax and puzzled over figures
Halifax are really confusing me This is long so sorry in advance I thought I had about 12 years left on my mortgage and only noticed all of this due to wanting to change rate Part of letter sent to Halifiax is below In 2004 I took out a mortgage with you for £37,533, (Sub account 4), as I had split up from my partner and…
-
My brother wants me to take out a joint mortgage with me
Hi, I want to help my brother who is attempting to purchase a house in London and he suggested that I join him in a joint mortgage. As London houses are so expensive I understand having me on the mortgage will increase the amount he can borrow. It will also make the mortgage more likely to be accepted. He will cover the…
-
Aldermore Help!!!
Hi, We have a mortgage in principle from Aldermore, this is a re mortgage and we used a house value of £87K. We have been advised they are coming to do a valuation, but we think the house is more along the lines of the £90K. What i am asking is will Aldermore usually stick around the estimated valuation we gave on the…
-
Children's Rights of Occupation
Hi everyone. I'm just looking for confirmation please. I have searched through previous posts but they are a few years old so just wanted to clarify someting. My husband and I are moving and have increased our mortgage. Both our children are over 18 and are moving with us. Today they received letters from our solicitor…
-
Advice
I live in a house with my partner which I have owned for 20 yrs and he moved in around 7 yrs ago contributing to the mortgage etc. We have saved up enough to pay off the mortgage but it made sense to put the money into santander 123 etc due to my tracker rate being low but are now considering paying off the mortgage and…
-
New Build deposit from Equnity
Hi I'd like to buy new build flat with Help to Buy scheme and 5% deposit. I currently own shared ownership flat (25%). I've done a valuation and the equity is enough to cover 5% deposit and solicitor fees on new build flat. I've also spoken to new build agent and they said in order to apply and reserve new flat I have to…
-
Being moved to part time - will this affect a remortgage?
My employer is moving me to part time in terms of my current hours (35) next month. I am wondering whether many banks, building societies take this into their consideration when assessing affordability. My salary is not changing. I note that on every credit application they ask whether you are full or part time but does…
-
Existing Customer Deals Yorkshire / Chelsea / N&P Building Societies
I read with interest the details on this thread from 2015. Until a month or so ago Chelsea had a pdf on their site listing the mortgages available to existing customers. That has now disappeared. Instead is an online form which points you towards switching now (incurring ERC in my case). Does anyone know if the existing…
-
Moving Home - new job - Mortgage.
We are looking to move house in the next wee while, but have a few issues that may stop us getting a mortgage....wondered how these would affect us. Although I have been in some kind of employment for the past 32 years, I have have been working as a mix of contracting and PAYE. Ive only been out of work for approx 6 months…
-
Is this possible??
Hi everyone! I'm after some advice if possible please! My boyfriend and I are looking to buy a home together. Currently I still live at home with my parents and my boyfriend owns his home. He has no mortgage. The home we would like to buy would be my boyfriend paying half cash and me getting a mortgage for my half. Is this…
-
Re-Mortgage to finish extension
Hi All, wondering if anyone has been in a similar position or has advice on what I am thinking here. I am just about to start a large extension which will practically double the size of our house. We bought the house just over a year ago with this in mind, so kept back some capital, this plus savings means we have enough…
-
First Time Buy in London
Hi all, I'm looking to buy a house with my brother in London both as first time buyers. We're looking to spend up to £350k on a 3 bedroom place or up to £295k on a 2 bedroom place in East London. I have a few questions: - do you think it will be possible to rent out the third room? - what is better, a two year tracker or…
-
Mortgage Confusion (First Time Buyer)
Hi there everyone. I'm having a bit of an issue with how the whole mortgage calculator thing works in terms of what banks/building societies are willing to lend. I'm getting completely conflicting results. So I used the "Mortgage Best Buys" option from MSE, put myself down as a first time buyer, input my property value and…
-
Fix for 2 or 5 years
Hi, I'm looking for some advice. We are currently in the process of buying our first property with a 80% Loan to Value ratio. We're looking at effective rates of around 3.5%. The repayment difference between a 2 year fix and a 5 year fix is around £500 per year, so significant enough to consider. Should we fix for two…
-
Mortgage Issue Question
Hi, I am currently in the process of buying a house, with completion date of 31.08. It's a new build property. I had been accepted for a mortgage, however TSB (the lender) have turned round and want more information about some of the deposit money. Some of the deposit was money left in trust from my grandfather with my…
-
Complicated mortgage with a friend
With all the recent tax changes it has made what can be claimed back a bit complicated for me! Myself and a friend are looking at getting a property together (we already own 1 each). I am going to live in it and plan on selling my other property within the next year, therefore would like the possibility of claiming back…
-
help to buy isa + interest rates cut
Hello I have opened Help to Buy isa with Santander around May. As we all know banks have now slashed interest rates on saving accounts. What I can not find anywhere somehow is an information whether they are also cutting interest rates for existing isa customers? Does anyone know whats going on with interest rates on Help…
