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Sole-trader to LTD change eligibility
Recently I setup a LTD company that has taken over all of my sole-trader clients, contracts etc.. It's the same registered address as the ST but is a new company, different name, has it's own UTR and I am the sole director. The revenue, profit etc will remain exactly the same and on the same course, increasing this year. A…
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Mortgage Worries
Hi, I'd welcome some advice please. I want to buy a new home with Help to Buy Equity Loan for £320k. I will have a deposit of £16k and the equity loan will take the LTV to 75%. My issue is a default of £160 in 2012 from Barclays for an account that I had requested to be closed - the default is all their fees from a…
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Remortgage with current provider, acceptance likely?
Hi All, We're looking for a new mortgage deal as our introductory offer is expiring in December. The best-ish deal is with our current provider (Woolwich/Barclays). Nothing has really changed in the last three years other than we make £3000 more p/a than I did back in 2013. No more debts or credit cards open, no late…
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Mortgage help!
My partner and I are currently looking to buy a house together. Our current status is as follows Me £10k loan outstanding Defaulted 5/6 times on payments that I made up asap (within a week) Earning £35k per annum Checkmyfilescore 702 Partner Student loan Mortgage Car on hpi Earning £26k per annum Checkmyfilescore 688 We…
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Fixed rate ending
My 2 year fixed rate mortgage with Halifax is coming to an end on 31st December, so I understand I'll go onto the SVR of 3.74% on 1st January. Will my payments automatically reduce from the 1st January? My current rate is 5.59 so it will be a nice saving. This is my first mortgage so I'm not sure what happens.
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Getting a mortgage when self employed working under CIS
My husband is self employed and works under the Construction Industry scheme can anyone advise which mortgage lenders will on his daily rate rather than his yearly accounts (SA302) as there is like £15k difference in these figures and also whether the Help to Buy scheme will also use the daily rate rather than his SA302 in…
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Overpay to reduce penalty
I've got a 4% mortgage I'm going to exit when I move homes in the near future. I have to pay 3% of outstanding as early repayment fine. If I over pay 10% I'm allowed to before I exit, I'll reduce the total amount owed and therefore my 3% penalty - right? I have the 10% in my account now.
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Some advice needed
Good evening good morning good afternoon ! So here goes I'm applying for a mortgage and I have a couple of questions before I do currently been in my job three months instarted in the first of September officially but I had a holiday booked and went abroad 2 weeks came back and went to work I have 3 months payslips but one…
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Defaults and mortgages
Hi all I've been trying to get a mortgage through both lloyds and a broker but have been turned down. The reason appears to be some defaults that I'm contesting due to being taken out by an abusive ex partner without my knowledge or consent trying to get them taken off has been like talking to a brick wall Does anyone…
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News: Hundreds of thousands of mortgage customers in arrears have wrongly overpaid
Around 750,000 customers with mortgage payment shortfalls have overpaid when trying to clear their arrears, according to the financial watchdog – with those affected potentially due compensation worth hundreds of pounds...Read the full story: 'Hundreds of thousands of mortgage customers could receive £100s in compensation…
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trapped in 2 year fixed 27months
Hi All, In summary, in November 2014 we bought a house with a 2year fixed rate deal with Santander. I have just rang them thinking it was time to renew our rate and have been told that the term ends on 3 February 2017 i.e. 27month. Apparently despite applying for a 2year fixed they sometimes add months on to this as a…
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Options for moving out of my home which I own with 2 others
I currently own and live in a house with 2 others, so we all own a third. The other two are a couple. This is our primary residence. What are my options if I want to move out? Do I have to sell up? Or can I keep my share in the house and buy or rent another place? How will this effect Primary Residence status? I presume it…
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Credit score help please
Hi I am wondering if anyone could help. I re-mortgaged on 27th September and clearscore currently show that I owe £310k in mortgages :eek: obv new and old. I'm hoping to finance a kitchen around Xmas time, do you think by then i'll be down to the once mortgage? Thanks.
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Moving home - worried about failing new application
Hi all I am an existing Virgin customer with my husband on our family home. We want to move asap to a bigger home. I am so scared of applying as i stupidly took out a number of loans over the last two years that mean i pay out a large sum every month. I am looking to double up on some repayments to speed things up and…
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Endowment 18th birthday query?
Hi people I would love your help and advice please. I am due an endowment for my 18th in a few days time. It has been paid for 18 years by (recently divorced) parents. Problem = my dad is threatening to not let me have access to it when it matures soon. Can he do this??? I have recently given birth to a baby boy and was…
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Referred mortgage Application
Hi I am a first time buyer today our mortgage advisor has informed us that our mortgage application has been referred. Has anyone else been in this situation and what was your outcome? Any feedback greatly appreciated. Many thanks
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MSE Best Buys showing no fees???
Hi guys? I am on the MSE mortgage best buys and I put in my details and it comes up with the best deals. However on some of the best deals it says set up fees £0. Is this correct? I thought most of the mortgage lenders charge fees? The thing is it comes up saying it's the best deal, however if it's not taking into account…
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legal position
my name is on a joint mortgage with ex husband. my salary was never taken into consideration in the mortgage application. can i apply for a mortgage in my own right before this house is sold? I am requesting guidance under scottish law
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Fair Mortgage Contract
I'm currently looking to move out of my parent's house. I have enough for a deposit for a mortgage, my boyfriend is currently paying rent for accommodation in a dorm at the US Airforce base that he works at. He doesn't have any savings, so my current thinking is that I would pay for the mortgage and he would rent from me,…
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ReMortgage failed credit check
Went to see a mortgage broker to remortgage as our two year fixed expires at end of year. Our broker checked us over was very confident we would qualify for a great deal with Santander. We were really surprised when our application failed the credit check yesterday. Our broker urged us to check our experian reports. We…
