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Keystone remortgage
Hi, I have made an application to remortgage my BTL property - 66% LTV. I got an email from my mortgage broker saying Keystones are concerned with my BTL experiance and they have passed my application to senior management to consider. The property is being rented for 1yr 5 mths. After 6 months you treated as experianced…
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Bank not specifying date for bond mature payment
Hi, We are currently in the process of buying a new property which depend on the funds from a fixed rate bond maturing at the start of Feb, we have spoken to the bank who won't give any indication of when we will receive the money other than `when it matures' which obviously isn't helpful and is making us nervous. Does…
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mortgage agreed awaiting exchange date credit question
we are awaiting an exchange date and have our mortgage agreed easily within the banks affordability checks and the amount we wanted to borrow, mortgage offer valid for another 5 months. my question is i am looking at a lease car that is around 5-6% of my monthly salary, should i wait to move in before getting this or does…
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Natwest mortgage timeline - next steps?
re: Natw intermediaries via a broker Equifax showing hard credit search, as well as x2 'follow up' searches 2 and 6 days after first search. Experian showing a "generic search" on their report. Valuation was then instrcted and paid for 1 day after all these searches. Then, 2 days after this the valuation was carried out…
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Just to give you a little update...
On my situation. So I'm looking to buy a new-build property and will have a LTV of 30%. I went with a broker (London & Country) to advise me of the best lender to go with, and he came back with NatWest. He did a DIP but I've since found out that NatWest don't like lending to people on their probationary periods (I still…
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New build house - Revalued more than purchase price
Good afternoon all, I have secured a new build property, exchanged contracts etc. My new proprty was not complete for 7 months so had to be revalued by the mortgage company. It is now worth around £15k more than we actually paid. What happens now? Your help is much appreciated. J
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sell endowment and pay off mortgage or keep
Would love some opinions. I have an interest only mortgage with 2yrs 5 mths left to run. I have 2 Prudential endowments that finish next year. I am currently in an interest deal @ 2.7% that ends April this year - because I will be paying the mortgage of next summer I cannot get a deal and will be going on to the SVR @ 4.5%…
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Remortgage/second mortgage and debt advice
Hello Apologies for the ignorance of this post, it feels like a slightly stupid question, but I don't know which is why I'm asking. I already have a mortgage, which is joint with me and DH. We are in a fixed deal and therefore can't currently add any money to our existing loan. We've got about 30% equity in the house, I…
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Regulated mortgages - how many?
I am in a situation where i need to get a buy to let mortgage for my mother. I have read numerous pieces of advice advising against lending to family members but we really have no choice in this situation, so i'm not to keen to discuss that side of things. I'm aware that obtaining a buy to let mortgage to let to family…
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Repossession
Good afternoon everybody, I am wondering if anybody can help me. I brought a property with my ex partner back in 2008, we separated in 2012, she remained in the property and it is my understanding she did not pay the mortgage and the house was repossessed and sold at Auction. The mortgage was in joint names so we were both…
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EX is refusing to respond to requests to untie financially
Hi, I have recently split up from an ex partner (6 months ago), only 8 months after buying a property together. I have a declaration of trust in place to protect the deposit I put down to enable us to buy the house. I'm managing the mortgage fine and have taken in a lodger to further strengthen my financial position when I…
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Endowment Selling
I have an endowment to sell and have only received an offer from Surrender-link. Are there any other endowment selling brokers out there? Seems silly to take the 1st and only offer.
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Self employed equity release for home improvements
We currently have a mortgage that is fixed until July 2018 - we wanted to release £30k equity for home improvements but we are both self employed (started company Jan 2016) we don't have the required 2 year accounts information so our mortgage lender will not take things further. I have looked at a secured loan but it is…
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Experian - name change
Hi all, Apologies for posting multiple topics today- I am full of questions! It had been bothering me that my Experian score was only fair when my Equifax was high. I decided to pay to see why my score was low and it was because it doesn't think I am on the electoral role. I can see that the issue is around my name change…
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Remortgaging on benefits
I'm not sure whether I should post here or the benefits page... Hope it's ok to do it on this group. Does anyone know which lenders might consider benefits for a remortgage? When we took out our fixed rate deal 4 yrs ago, I was working part time (my husband works full time). Since then I have given up work as my son has…
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Mortgage Broker
Hi, We are looking to buy our first house and I wondered whether it is advisable to go through a Broker to get our mortgage? In 2013 we previously had a mortgage arranged directly with Nationwide to buy a house which we pulled out of due to subsidence risk. However, the mortgage required was very different (95% on a £245k…
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CCJ - Mortgage declined
We are in fortunate position of having paid off current mortgage on current house, want to move, have 70% deposit/LTV for new house. Out of the blue I've found out my wife has a hidden CCJ for £175, disputed parking fine, which she'd ignored. Mortgage turned down by Nat West. Complete shock to me. We had near-perfect…
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Natwest application via broker - any advice from brokers on here welcome
Hey all, I have applied for a mortgage via a broker. They have found Natwest to agree to the mortgage. The Loan amount is £324k and LTV is 67%. They submitted my application in Decemeber From checking my file, NatW carried out the credit check on 10th December. I was advised by the broker the lender then wanted valuation &…
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Remortgage to pay debts
I have been struggling with debt and treading water for quite a few years now but have just about managed to get into a position where it would make sense to remortgage and consolidate my remaining 20k credit card debt and a secured loan I took out 3 years ago. If I can. I have never missed a payment or even been late with…
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Guarantor Mortgages??
Hello, Myself and my husband currently own a 2 bedroom flat & looking to buy a 3 bedroom house. Our mortgage was initially given to us on joint incomes, but since then I have given up work to raise our children. We had £35k deposit from my parents & borrowed £125k to buy the flat for £160k. Since then, the flat value has…
