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Final stage joint mortgage with Canadian
Hey guys I have mortgage application going through with natwest. Our valuation was successful. my broker sent my pay slips and the underwriters were happy to borrow but he forgot to send out I.d. This was las document they needed before they were going to send out the offer. However I am a uk citizen from birth and my wife…
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Trying to get Credit Information Updated in Time
I will be looking to apply for a mortgage in the next year, and have some credit card debt and a loan that I will be paying off in that time. I've seen online that it can take 90 days for updates (payments) to your cards to be reflected so that a lender can see this - is this accurate? If I were to go for a mortgage…
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Mortgage in Principle - What are my rights?
Hello, I have been trying to get a mortgage and finally got a decision in principle for the amount that I require for the mortgage. The lender has now turned around and said they will lend me over £23k less due to my payslips not showing my basic pay and overtime separated. I just wondered what my rights are as they had…
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Bank statements prior to mortgage application
About to apply for mortgage offer in order to exchange contracts. My broker has been given all my relevant info (payslips, employment, spending) however he said my recent habits of putting all of my regular spending onto credit cards may cause me an issue. I hardly ever use my current account for any routine transactions,…
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First Time Buyers
Had an initial meeting with a mortgage adviser to help us make a plan of roughly how much money we need/house prices were aiming for. The mortgage adviser said that with both of our salaries combined minus the amount that we owe on credit cards/car finance we are looking at a houses with a maximum asking price of £170k…
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First time buyer mortgage - How can I improve my chances?
Hoping anyone who's been in a similar situation can help. I'm finding it difficult to find many lenders that will lend me the amount I need. The facts - 27k basic salary - single application - offer accepted of property of £173500 - LTV of 75% - AIP from HSBC for a max loan amount of £135000 (I will need to borrow £131000)…
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Remortgage to fund house build
Hi all. I have been very fortunate for my mum to have give me a large amount of money after the sale of our family home so we could renovate/rebuild our home. We are currently living in her flat whilst my husband (a builder) is doing the property. Like all these things living costs with him being off work to do the house…
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Mortgage terms end March 2017
As titled my 2 year fixed at 2.59% mortgage terms end 31st March 2017. I'm keen to tie into a new 2 or 3 year fix given all the news that the interest rates "may" rise with Trump/Brexit etc. I called my mortgage company Britannia part of co-operative bank but was advised it was too early. I'm also keen to have the house…
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Did the bank screw me over/make a mistake on my mortgage?
Hi All, I have a quick question. In May 2015 we took out a mortgage with a 2 year fixed percentage. I managed to do a small overpayment at the end of November 2015, at which point the amount I was paying every month went down. Meaning I now found that the amount I still owe them is larger than I had anticipated. Given that…
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Nationwide mortgage offer
Me and my partner are buying our first house it will be a new build estimated to be completed by early June but it was started around 4 weeks early we are now going for the full mortgage offer and wanting to use Nationwide however the 6 months the mortgage offer lasts doesn't leave much room for delays on the build will…
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Goodwill payment from Builders for delay - Do I need to tell the lender?
Hi All This is linked to a previous post I have made - my new build has been delayed by several months and so the builders have agreed to provide a 'goodwill payment' as compensation. They are going to arrange for the amount to be deducted from my completion statement. Is this something I need to alert my lender of? Thanks…
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Remortgage to interest only to extend.
Hey guys. Just got the keys to our new house this week. We are locked into our mortgage for 2 years. The house is a massive improvement on our last bungalow but it's right at our limits. I'm just after some input really on extension plans. In 2 years time remortgage to a interest only, making the payments lower. Then the…
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Promotion with Relocation. Mortgage advice Please.
I was recently given a promotion however it required me to relocate from the office in northwest England to the office in the south. It was a no brainier to accept the offer, even taking into account the difference in cost of living etc. Currently we have a property in the north to sell, my husband still has a permanent…
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Natwest credit check
Do natwest credit check existing customers for remortgaging?
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Shared ownership - refusal again
I have been posting on and off for a while on this. I bought my shared ownership flat in 2013 (40% share) and have crept into debt during that time more and more though over the past 1.5 years have been a DFW and keep working on it with YNAB. Progress is slow, partly I think because I am paying £850pm rent and mortgage,…
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Virgin Money and adding SD to the loan
Any feedback on Virgin and what they are like to deal with? Do they allow you to add SD onto the value of the loan? Cheers. :beer: james
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Precise mortgages
Hi, Our broken obtain DIP from Precise mortgages last Friday and put through full application for BTL on Monday. According to my Equifax credit report they have done credit searches on all of our addresses yesterday. Anyone know how long before they will provide us with a decision and proceed with valuation? Thanks MS
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Mortage Credit Check Address Issue
I am a FTB and have applied for a mortgage with Nationwide. My broker has flagged that they have come back with an issue on my credit report and asked me to provide a copy so he can try to sport it out. Which I have done. My broker has checked my report and agrees that there are no issues with it (no missed payments or…
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Trying to find a mortgage lender
Hello everyone:) I have been hovering around MSE website on and off for the past 8 years or so and this is my first posting. I was wondering if anyone can help. My husband in on a spousal visa which needs to be renewed about every 30months, he earns £50,000 a year in a permanent job. I have been working as a contracted…
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Parallel mortgage application
Is it possible to apply for 2 mortgages at the same time? This is for 2 different BTL properties.
