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Transfer mortgage to brother?
Hi guys i am wondering if anyone can help me please. I have 2 properties with mortgages in my name, 1 my main residence and the 2nd is with RBS and my brother and his family live in it. I want to somehow transfer everything to do with the 2nd property to my brother, deeds, mortgage, debt etc without my brother having to…
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Remortgage offer - but higher ERC
Hi All I hope someone can help or provide some previous knowledge or experience. We are re-remortgaging to consolidate debt. We have 1 year of our fixed term left with our old provider and as such the ERC is £2000 more than anticipated. This for us does not matter as we will be in an amazing position and the ERC doesn't…
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Sketchy?
Hello all, Someone I know is attempting to buy a property to let but can't obtain a big enough mortgage, but could afford It.. He has asked If I will take out a joint mortgage of 50k to bridge the gap, after a year he'll be on enough to remortgage, and I'll be out of the deal at this point. He would be paying me each month…
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Solicitor fee
Hi all, i have just pulled out of a sale before exchange and the solicitor wants to charge me their fee because i was close to exchange. is this right?
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Re-mortgaing and nervous!
Hi I'd like to some advice on re-mortgaging as my wife and I's current 2 yr fixed deal ended with the Halifax at the end of August and we are currently on there standard variable rate. We have not re-mortgaged straight away as I am expecting some inheritance to come through which is due in the next few weeks and we intend…
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Help with Deed of Assignment
My husband has an Endowment with his ex. They split up shortly after buying a house 24 years ago. The house was sold and the mortgage paid off, but he continued to pay into an endowment. It has been running for 24 years, and he has been paying roughly £40 a month, On maturity the Policy will be worth just shy of £16k so…
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Agency worker mortgage
Hi I'm wondering if anybody knows of how to get a mortgage when working for a angencies. I've worked for different agencies now for 3years. My wages can vary from £450-950 after tax a week. My partner is in a part time employed contract earning £15000. Frustrating because we know we can afford it as we are paying rent at…
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BTL tenancy agreement before I can borrow.
Is it standard for a lender to insist on having a draft tenancy agreement prior to issueing a BTL mortgage? I don't have a tenancy agreement in place because I need the BTL remortgage to fund my move.
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Mortgage now or wait?
Hello, Just looking for some advice if possible, My partner and I have been saving to buy a house for the last few years and have moved back home to our parents to help with this. The initial plan was to wait until April/may next year to apply for a mortgage, but we have now seen our ideal home! My partner has a perfectly…
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BTL Mortgage Adv
Hi, We have seen a property which is for 220k. My other half currently has a property rented out with rental income of £450pm. This property has no mortgage. She started to rent this property out in July 2015 and ts worth 140k. My income is 20k. My otherhalf is not employed. She is a carer for an disabled child. We would…
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London and country aip
Spoke to London and country this morning to find out what they're thoughts were on my husband and I obtaining a mortgage - They have given us an agreement in principle for the £134000 that we need, and have said that we could go to a max of £136000, but any more would impact our affordability. can we take this as…
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Mortgage offer additional information
Hi all, Firstly, thank you for taking the time to read this.... I have recently put a mortgage offer in with Newbury building society, I have now had them come back to my mortgage advisor who has asked us for additional information... They have asked for my girlfriend to be put through a credit check... wouldn't be a…
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Mortgage extensions
Hi, Does anyone know how much building societies/other lenders might charge their customers to extend the lease on a property? At the moment I have heard sums between £0 and £250. The latter seems a lot as the solicitors cost is only about £250 per property.
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Will we stand any chance of getting a mortgage?
Hi guys, My Fiancee and I are looking at getting on the housing market soon. to cut a long story short, I USED to have defaults on my file, but they dropped off last month. She is squeaky clean. We both earn good money and have over 10% deposit saved up. We would be looking to borrow around 4 times our wages (house prices…
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Mortgage offer changed last minute
Hi there. Currently in the process of buying my first home. After Years of saving and looking i found the perfect place to call my own. I started the process by going to HSBC as they seemed to have the best offer at the time. Spoke to an adviser. Gave all the details and they confirmed this would be the best possible for…
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Re-Mortgage 95% for New Build
My wife and I have a mortgage but want to increase it for to move to a new build. With the increased mortgage we would have the 5% deposit but every bank is now advising us that we would require 10-20% deposit because we are looking at a new build. Does anyone know of any banks or building societies that lend 95% on new…
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AIP application advice.
Hello, I'm hoping someone can offer some advice. Building society and financial advisor currently not giving me anything useful! I'm looking to apply for an agreement in principle so I can start looking at property knowing how much I can afford to offer. I have a 'save to buy' account with Nationwide so I'd like to take…
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When to apply for a mortgage?
Hi I'd appreciate any advice and thank you in advance for any guidance. Unfortunately 5 years ago I was in too much debt and had to go into a debt management plan with Stepchange which resulted in 5 defaults registered all of which are around 4.5 years old. The main reason for all the debt was due to a work re-location and…
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Mortgage in one person's name, deeds in both names?
Afternoon, So me and my Gf are thinking of buying two properties. 1 house for us to live in and another flat for a investment. Questions: 1. Is it possible to get a mortgage each, but have both our names on the deeds of each property? So she would apply for one mortgage on her own and I would also apply for my own? Thus…
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Adding my husbands name to the mortgage
Hi there everyone. Just wanted to know if anyone out there has any advice to give on this situation I have. I have a mortgage at the moment with a bank in my sole name for the last 4 years. Since then I have gotten married and had a baby. I no longer work therefore I have no proof of income to show when it comes to…
