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Refused AIP at Nationwide but have one from NatWest and Halifax
Just a quick question we was refused a AIP from nationwide who also did a hard credit check. We have been given a AIP from Halifax and NatWest but we have decided to go with NatWest and have an appointment on Monday to do the full mortgage appliacation. I'm just terrified it all going to go wrong because nation wide much…
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Does the amount you can borrow change?
We went to see a mortgage broker the other day and told us we can borrown 4.75 times our salary. Which is ok but we live in an expensive area so can't get much for the £320k plus deposit we can borrow. He said last year he was lending 5.5 times peoples salary but it had just changed. Does this happen often? Is it worth…
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Help to Buy - Advice needed on % of equity loan
I posted a thread about this a few days ago and received some food for thought but I can't quite make a decision. My situation is that I have received authorisation from HTB London and a mortgage offer based on using the full 40% equity loan. At the time of applying a month ago, I was just squeaking through the…
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Downsize to pay debt?
Hi. Wondering what my options might be(if any) as can retire from may next year (£34000 lump sum pension), and presently on long term sickness with stress/depression and desperate to retire asap But still owe £119k on mortgage,term remaining until 2027. My husband will still be employed until term ends but my salary pays…
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conveyance
is it legal, cheaper and or advisable to use the same solicitor as the seller. my daughter is buying our next door neighbours house and her son suggested using the same solicitor for both parties involved
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First Direct Mortgages / TSB maximum offer period
What is the longest term an offer can be open for with First Direct and TSB? The reason for this is that I am remortgaging my house at the end of the fixed term which is end of June and wanting to release the equity to put a deposit on a second house. The second house has been chosen and the price agreed including the…
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PLEASE HELP: Pay off credit card or greater deposit?
Hi All, Please could someone help by answering this question for me. Which would look better on a mortgage application? 1) 0 balance on a credit card and a lower deposit 2) Higher deposit but £3000 on a credit card balance From a affordability stand point I'm looking to borrow alot less than I could as wanting a small…
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when TSBLloyds split
So we took out a mortgage with Lloyd's tsb, then they had to split, we ended up with tsb. since then ? 3 years ago we haven't had a statement. we are abroad and hadn't twigged. has anyone else had this problem? thanks
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Porting mortgage/moving?
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Help to buy ISA - Halifax and conveyancer question
Hi, We are about's to start the 'solicitor' process with buying our house. And have a question in regards to a help to buy ISA. The contracts with the Solicitor has no information of applying for the 'bonus money' or if it will be a extra cost. We have to close the account with Halifax and get a document to give to the…
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Advice on buying the wrong house
Hi everyone , I'm after some advice and don't know where to turn. Me and my partner just bought a house 4 month ago and have made the biggest mistake of out lives. Basically we don't like it here for a few reason, the house is all fine ect and just been decorated throughout. But we've been over it a number of times and…
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Santander Experian update
Hi hoping someone can help us. We are trying to apply for a mortgage with Santander. We were told by our broker that we needed to clear all our debts as we are wanting to borrow close to the maximum. We have done this and our credit report is now showing these updates so we were ready to press the button. We are now being…
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Shared Ownership Remortgage Fees from Freeholder
Hi there Can i have some advice regarding my shared ownership property. The freeholder is Bellway Homes and their management company are Gateway Management. In August my fixed term mortgage with Leeds ended and i shopped around and started the remortgage process to Nationwide. 3 months later, the remortgage has still not…
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Which Fixed Deal Period? Advise Please
Hi, I am switching mortgage deal next month. I want a fixed deal 5 or 10 years for peace of mind in the post Brexit world. I wondered what you folks think of going for 5 or 10 years. I have secured a 10 year switch but can change in the next few days if I want before it starts. My lender has increased the 10 year rate in…
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What happens to the mortgage and house after divorce?
Hi My friend needs help as he has just broken up with his wife. They have got a house together in both their names and paying mortgage. They also have 3 kids together. He wants to know now they are separated and likely to get divorce, what will happen to the house and the mortgage? Will he be able to sell the house and…
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Remortgage <1 year before buying a new home
We are currently on SVR 4.49% and in a position to remortgage right now, but are likely to be buying a more expensive home within 12 months Existing mortgage provider has given me some remortgage rates fixed and variable. I have no Early repayment charges right now I have done some calcs of £ paid out if we sold in 12…
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Surveyor had wrong purchase price?
Hi all My buyer's lender finally instructed the valuation of our house after a few weeks of going back and forth and it was carried out this morning. The first thing he asked me was to confirm that the purchase price was £400k. Well it's not, it's £390k. He seemed fine and said he'd change it, and sometimes this happens,…
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Mortgage on my own? how likely?
Hi, just looking for a bit of advice/knowledge before I approach my lender or a broker about a re-mortgage. I’m looking to re-mortgage my home which is now in my sole name, though the current mortgage (Standard variable) is in mine and my ex-husbands name still, following on from divorce 7 years ago. Up until now I haven’t…
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Santander mortgage overpayment
I should be completing my house purchase next month... I have my fixed mortgage in place with Santander. I can overpay by up to 10% annually of the outstanding amount. Having read through the info on the website, these overpayments go into a 'savings pot'. I hope to save/overpay close to the 10% limit per year (Unless…
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Applying for mortgage - maiden or new married name?
Hi, hoping someone can help me please. I very recently got married and am currently looking for mortgages. I haven't yet changed my surname on anything yet so do I apply in my maiden or my new married surname? Would credit checks find me baring in mind everything's in my maiden name still?
