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Product Fee help!
Can anyone help?? I have applied for a mortgage with Nationwide via a broker. Today they have taken out £999 for the product fee. Does this mean the mortgage is going through? If not, does anyone know if it is refunded?
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First Time buyer - shared ownership
Hi everyone this is my first post and hope someone will be able to give me some good advice. I’m looking to buy my first property on using the share ownership scheme. Income: £37,000 Property full price: £242,500 Share: 35% (£84,875) Deposit: 20% HP car loan: £303 month (expire Nov 2018) Credit Card: £5000 Arranged…
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Nationwide First Mortgage Payment
We're first time buyers (please be nice) and recently took out a mortgage with nationwide. Our funds were released on 29/07/2016 and our completion date was 01/08/2016. We presumed our first payment would be taken on 01/09/2016 and would be slightly higher due to interest. We had a payment deducted on 19/08/2016 which was…
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Bad Credit Mortgage / High LTV
Hi there, Due to a particularly difficult point of my life, I took out various payday loans and defaulted on these. I also received a CCJ from a previous credit card. This was all around 4 years ago and I've now paid off pretty much everything. As you can imagine, my credit rating right now is pretty low. I'm waiting on…
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Contract exchanged and additional job offer
Well, about to exchange contracts (literally today or tomorrow) but completion of property not due until end of October. Partner has been in same profession for years and has been offered additional job teaching about the profession. This will involve working in usual job one week and alternate weeks at a university.…
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Anyone with adverse credit?
Hello, I am new to this forum but have read a number of threads while awaiting the decision on our mortgage. To be honest, reading what has been written filled me with despair. I have 4 defaults on my credit report from 32 months ago and thought that this may greatly reduce the chance of obtaining a competitive mortgage.…
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help with NRAM mortgage
Hi all , Basically this is my first post on here as im in a world of confusion !! im looking for advice on my current mortgage with NRAM( northern Rock) so some back story , me and my ex partner had a mortgage with NR back in 2007 i believe it is what they call a together mortgage ( where you have a mortgage an a unsecured…
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Help ???
I currently work in the UK and travel weekly back to Ireland "Dublin" where my family are based . I'm looking to get a mortgage from the a UK to buy a house in Ireland and I am really struggling does anyone know of any bank /building society's that offer these products ??
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I can highly recommend Which Mortgage Advisors
My mortgage comes to an end this October. I still have a sizeable balance outstanding and needed a new mortgage. The problem is I have turned 65 and my wife is 62. We don't have enough in the way of pensions but have an interest in a business which we intend to continue to run for the foreseeable future and this provides…
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Broker/Developer Relationship
Hi All, Currently in the process of buying a new build and wondered if anyone else had any thoughts on using the developer suggested mortgage broker. We did go with the broker suggested by the developer and don't have any major complaints, he's been responsive and quick, hit all the timescales he'd promised and took us…
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Moving to a new build - managing mortgage timescales?
Hi all, I am in a situation whereby there is a new build development underway in my local village. However, the plot we have earmarked won't be ready until Dec'17/Jan'18. Selling our place ASAP and being 'ready' would obviously ensure we're in as strong a possible as possible when the development is completed. Without any…
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Can I stop using a Mortgage Advisor with an application in progress
Hi there This weekend I've been thinking over things and the progress of my house purchase. I used a mortage advisor due to me not having much of a credit record. Since the start the advisor has been very unresponsive. I'm very patient and do not like nagging, but I've never felt that he has acted in my interest or has he…
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Mortgage help
Hi there I am looking to buy my Mother's council house under the Right to Buy scheme. Essentially, my plan is this: I will live at home for the next 3 years whilst saving up hopefully around 12k for a deposit which will increase to 15k if I open a Help to Buy ISA. After that, I should be able to afford to pay for the…
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Endowment matured for Interest only mortgage
We took out an Interest only mortgage in early 1992 and also a bonus builder endowmet policy to cover this. We received a letter recently telling us that the endowment had matured and that we could cash it in or leave it in the deposit fund, however there is a possibility we may get less by the end date of March 2017 than…
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Remortgaging - How important are your bank statements?
Evening Everyone So, we finally think we are in a position to remortgage!!! Currently including the remaining secured loan we have to pay off we would have an LTV of 83%. We have 1 credit card with a balance of 7.5k. We overpay our mortgage every month by 120 and have done so for atleast the last 2 or so years. We also are…
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Clean credit file but DDs showing on account for old credit arrangements
Hi all My partner and I are just about to begin the process of remortgaging. Both credit files are clear, but in 2006, a former partner left me with a lot of debt that I sorted arrangements on and still pay now. They do not show on my credit file. The DDs for them come from my bank account, whereas all money and bills go…
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Childcare vouchers and mortgage
How much do childcare vouchers affect the amount banks are willing to lend for mortgages?? I'm due back to work in December and was going to start using the full allowance available to me. But having played around with the Santander affordability calculator it seems that we would be better off not using them even though it…
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Can get mortgage:(
Not really sure where to turn EE added a linked address to my wife credit report which had a ccj attached to it. we disputed it with EE then they agreed to remove it. We then got a broker and applied for a mortgage with halifax, when it came to submitting the full application it got denied due to credit score. We were…
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Absolute shambles from broker's side... unsure where I stand!
So as the title suggests, my mortgage application has turned into absolute shambles thanks to the mortgage company I've been going through - unsure if I'm allowed to name them so I won't. They have singlehandedly caused a number of unnecessary delays thanks to poor correspondence and miscommunication. Started off all good,…
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Buying ex partner out of mortgage -how to calculate offer
My partner and I recently split up. We were not married and we had a flat and mortgage together. He already moved out, he doesn't want the flat and couldn't buy me out or have a mortgage on his own. So I'm considering buying him out. We are still paying the mortgage at 50% but the plan is for me to find a lodger as soon as…
