-
Gifted overseas deposit
Hi, My dad has transferred me around 45K GBP as a gift towards my house deposit. He has two bank accounts one in PKR and one in GBP. To transfer funds , my dad withdrawn cash from PKR account, purchased Pounds, deposited to his GBP account and then transfred to my account in UK. My worry is will this create a problem for…
-
Natwest Mortgage Decisions....
Good evening i am after some mortgage advice, i know i should book an appointment with the bank but just looking for peoples opinions first. I can now remortgage with natwest and i have logged into my online mortgage account and viewed the available products. I want to have a 5 yr fixed deal and there are two which are…
-
Adding a second bedroom to a leasehold flat
I have a leasehold flat with one bedroom and a living room which is larger than I need. I was just wondering about whether or not there's much chance of me getting permission from the freeholder (the council) to turn some of the living room into a second bedroom? My living room is about 25 feet square so I could get about…
-
Mortgage Meeting coming up equity based gifted deposit advice
Hi, Me and my girlfriend are soon to attend a mortgage meeting with Yorkshire BS. We have been told that we meet the lending criteria and they are aware we would like to obtain a 95% LTV mortgage with the deposit coming from girlfriend's family in the form of gifted 5% equity when they sell us the house. Please can anyone…
-
Vendor want to do a deal
Hi We have just made an offer on a house but the owner wants to make a deal to live in it until after Christmas. Can you do this?and How? Would we buy the house and they rent it until they are ready to move or do we delay etc? Any advice would be hugely appreciated.
-
Mortgage Broker or non
Hi All Just looking for some advice really really we went to see a Mortgage Adviser yesterday and he showed us different figures etc. However when I came home I found the exact deal myself is it worth using him or going direct to the bank. Thank you
-
Purchasing a house at discount from parents/landlord
Afternoon everyone. My partner and I currently live in house that my parents purchased for us to live in just over a year ago. We rent the property off them (or more accurately, he rents it off them as I'm a student - he's the one listed as the tenant on all the documentation, not me). The intention is that my partner and…
-
Endowment matures
I have just received payment from an endowment policy only to find that even though it was a tax free vehicle the final sum has been docked over £2000 in capital gains tax. HMRC informs me that to claim this back I need an events certificate. Phoenix Life inform me that this is not a personal CGT, but an CGT paid by the…
-
Mortgage advice please
Hi everyone, After a bit of advice and hoping can someone steer me in the right direction. My girlfriend and myself have been house hunting for a while, got a Mortgage in Principle, and finally had an offer accepted the other day. The mortgage in principle instantly accepted a 10% deposit, so we'll be putting down £11,000…
-
5 yr fixed vs 2 yr fixed - worth cheaper payment for 2yr?
I'm looking at a mortgage with Virgin. For a 5 year fixed mortgage the monthly repayment is £1143. For a 2 year fixed mortgage the monthly repayment is £1070. Any suggestions as to which deal may be best to take? In 5ish years we would probably look to sell the flat we are currently buying and buy a house.
-
Re-Mortgaging a property owned outright
Hi there Am looking for some advice regarding re-mortgaging a property that my partner owns outright. It is worth around 220K and he is looking to re-mortgage for about 30-40k which seems like it should be fairly simple!? To cut a long story short we did some work to the house at the end of last year which in hindsight we…
-
How long for chaps payment to credit my Halifax mortgage?
I was fortunate enough yesterday to make a chaps payment to my Halifax mortgage for the full balance but I'm now sweating as themoney isn't showing yet, he did say 24-48 hrs , but should I be worried if it's not got there by this evening ?
-
Can You Negotiating rate with existing Mortgage Lender?
Natwest in particular.....saw a mortgage advisor who suggested calling the Natwest and trying to see if they can improve their offer. 2 year fix ending soon they offered us 2.54% fix with no fees or 1.74% fix with £995 fee. We are currently on 2.99%. Since they already offered us this they won't come down will they?…
-
Remortgage Please Advice
Hi All Im looking to remortgage my flat as my fix term has finished with Halifax and now they are saying the best they can offer is 2.59% for another 2 years. Can I get batter deal than that I still have £152k left on my mortgage? Thank you
-
Mortgage not paid off after concluding
Hi I moved house over a week ago. However I have discovered that the mortgage for the old house hasn't been paid off by the lawyer. I have spoken to them and been advised that a cheque has been sent to pay it off but in the meantime I am incurring interest and also have had a mortgage payment taken out. Is this standard…
-
porting mortgage advice required urgent
moving home in less than 3 weeks , AIP done on 29/9 and full application 30/9 only looking for exact same amount as we currently owe over same terms, ive never defaulted in 11 years but its been sent to the underwriters today but I'm worried sick about it being declined the reason being this move wasn't planned and we…
-
Mortgage eligibility after unemployment gap
Hello Earlier this year I was about to buy a house but I have been made redundant at work and I was unemployed for 3 months and now working in full time job for just completed 3 months and on probationary period. I worked continuously without any gap for last 10 yrs. Am i eligible for Mortgage with 3 months of continuous…
-
Mortgage DD returned due to insufficient funds
URGH !! So, just had the mortgage re-done so that we can extend. Long story short but there wasn't enough money in the account this morning to take the direct debit so when Santander tried to take it it says that its been taken but then returned. Ive put the money in the account now so there are plenty of funds there for…
-
What rights do I have...?
So basically about 12 years ago I bought a house with a boyfriend. We split shortly after. He wanted to stay in the house, we discussed selling, he didn't want to. It was an Interest only mortgage so he said he would change it to repayment and take my name off it when he could. He continued to pay it he's never asked for a…
-
How often to ask broker for updates
To the brokers on here, how often would you expect a client to ask for updates on their case, and how often would be too much? It's been a couple of weeks since our valuation and the lender has asked for a couple of documents from us, but everything seems to be going fine... albeit a bit slow. Info from the broker isn't…
