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remortgage-cooling off?
Hi cant seem to find this anywhere but just wondered if with an online re mortgage to a lower rate , is there a cooling off period?
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Remortgage advice
Hi all My current mortgage balance is £260,000 and house is valued at £500000. I am thinking to do a loft conversion this summer. Can i increase and withdraw money and increase mortgage to say £290000 so take extra £30,000 for the house works?
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Moving from a self-certified interest-only mortgage, to other options...
Happy New Year fellow MSE people! Looking for some honest but non-judgmental advice please. 10 years ago, on the advice of our IFA at the time, we took out a 25-year self-certified, interest-only mortgage, with a repayment plan to ensure that the capital was paid off at the end of the term. Due to a set of circumstances…
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mortgage & endowments
Hi new to this , has anyone completed their mortgage and dealt with the short fall by having to get a loan, our paid up endowment has a short fall of 13,000 and we are both not in a position to pay off out right ,sought advise from lender during time knowing about it but as it was attached to our life insurance have not…
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Mortgage advice
Me & my partner are hoping to apply for a 90% mortgage in the next few months. My credit score is good, his is fine however he has poor history. Would we be better off applying solely as me. Or attempting it joint first. If we applied jointly and then got declined would I be able to apply solely afterwards?
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Costs of buying a house
Me and my husband will be looking to buy a house this year in the East Midlands (looking at around £120,000-£140,000). We already have just less than £18,000 for the deposit. How much would someone advise we have in our savings for fees before we start looking (excluding the deposit) ?
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Dependencies on mortgage applications
My partner and I are looking to buy a house together. We both have 2 children each that live with us part time as they also live with their other parents. I dont pay any child maintenance for my 2 and my partner receives maintenance for hers. So my quesiton is do we declare 2 or 4 depandancies when we apply for a joint…
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Family springboard mortgage
Hi. We are first time buyers and my sister has agreed to put down the 10% deposit needed for the family springboard mortgage. I'm just a bit concerned as a financial advisor told me that I would struggle to find a solicitor who knows anything about this mortgage from Barclay's. Has anyone had any success getting this…
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Mortgage Redemption Help
Hi, simple question really as i cant seem to find the answer. We have a repayment mortgage and are looking to move home. Will our redemption figure be less or more than our current balance? Is there a simple calculation we can use to work out roughly what we will need to repay. Thanks
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Nationwide Home MI
Hi, Looking through our bank statements and trying to make cut backs for the new year. We have noticed that we have two DD for fairly significant amounts for Nationwide Home MI and Legal and General MI C/L. Does anyone know what these may be, as we seem to have no paper work for them. Many thanks,
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New Savings Account mid-Mortgage Application
I'd like to start a 12 month Regular Saver account with my bank, First Direct. Is there any reason why I should consider putting it off until after my mortgage application (with TSB) is completed? If I start the account now, I'll be able to withdraw the funds in time for my Jan 2018 Self Assessment tax installment. I could…
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DIP and credit hits?
Quick question please - does getting a Decision in principle show up as a hit or soft search on your credit file?
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Credit Scores
Hello, I realise that credit scores are somewhat subjective and that they aren't necessarily relied on by banks when looking at mortgages but I wondered whether someone could help me with a question. I have been checking both my Equifax and Experian scores and there seems to be a disparity. Whilst my Equifax is 485 (which…
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Clearing debts before completion?
Here's the situation. I'm looking to buy a new-build property in my name only. I'm selling my current place and will get around £200-210,000 for it, there is no mortgage attached to it. I'm looking to borrow around 90,000. However, I took out a loan last year for £10,000 for vital surgery and have £3,500 of credit card…
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Tesco Mortgages
Hi, Happy New Year! I was wondering whether people have had a positive experience with Tesco Mortgages. My husband and I are looking to buy our first house and require a 90% mortgage. Tesco look to be offering competitive rates but it would be good to hear of any real experiences people have had. Many thanks RA
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Ltd company & house deposit
Hi this may be a bit complicated but I hope someone can help I have found a new home which I have fallen in love with so am keen to reserve quickly and start the process I am currently employed on a permanent contract but prior to this I was working under my own ltd company. Within the ltd company bank account I still have…
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Mortgage advice
Hi, I am a first time buyer in a great position as I have a large deposit. The property looking to buy is £122,000 I have a deposit of around £80k to £100k I know this is £20k difference but I'd like advice on what mortgage deals are currently a good option over say 7 years or possibly 10 years. Whether to go fixed or…
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remortgage but got 2 mortgages
Hi Currently I have an excellent rate Tracker mortgage and after moving last year a fixed rate that is coming to an end. I want to look around for another mortgage fixed rate deal but because i have 2 products i am finding it tricky to work out my LTV ratio (this I believe affects the deal and hence the repayment costs)…
