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Mortgage approved subject to valuation
Applied for a mortgage with Barclays on Monday afternoon they came back asking for a few extra documents Tuesday morning I supplied them straight away then by lunch time they said my mortgage was agreed subject to valuation :beer: :j I'm so happy/ stunned that this has happened so quickly! Has anyone else had a similar…
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FTB - Mortgage application -mortgage accepted?
We are first time buyers, we had an AIP from Natwest, found a house and after abit of a battle our offer had been accepted. I'm really confused, our FA told us the mortgage had been accepted the same day we made the mortgage application, can it really happen that quick? (I have doubts) They havnt requested our bank…
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Capital repayment vs overpayments
Hi, would approve advise on this. This has been discussed few times but I want to be sure please . Assuming no ERC, is there a difference between overpayments or capital repayment in terms of its affects on total money paid over the term. Is one option recommended over other in terms of total money owed ? Ta
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Splitting up with partner - mortgage options
Hi everyone, I am in need of a bit advice, So I am currently living in my childhood house, after my dad passed away he left the house to me and my siblings, we tried to sell it but had no luck, so me and my partner bought it. We bought it for £125k and used £12,500 of my inheritance as a deposit, we then also used a…
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Does Pregnant = Having a dependant?
My Wife is in the first trimester of her pregnancy. We want to move home and remorgage (or possibly port our mortgage). Would we be classed as having a dependant when talking to mortgage providers?
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Remortgage help or just try and pay it off??? Help
Hi I have Britannia 5 year fixed at 2.79. It's coming into its 4th year and will end in may 2018. I've being really good in paying huge chunks of capital off - started off at £150k and now down to £30k left on the balance - obviously I have had to endure some charges along the way but it's offset by lower monthly payments.…
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Halifax SA302 / Personal Tax Computation Problem
Evening all We're in the process of trying to buy our first house. Our mortgage broker have identified Halifax, who have given us an AIP, as the best lender as they'll accept my wife's dividends earned through my/our company in year 15/16 as she was on maternity leave. Without this income being accepted, we can't borrow…
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Fixed rate mortgage ending need advice please!
Hi I took out a 2 year fixed rate mortgage with Halifax which is due to end at the end of feb 2017. Original term was 23 yrs so 21 yrs left now and LTV will be below 75% so I'll be on a better interest rate (currently 2.94%). Question is I've saved up £2500 to put down on the mortgage befor the new term starts and then I…
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Help on mortgage decline (not due to credit report )
Hi. Just to set the scene. My wife already has a mortgage with NatWest on her flat. We are buying a house together and wanted to get the mortgage in both our names. The current mortgage she has is £100k and we were only looikg for an additional £10k on top for the new property. We both bank with NatWest (for over 10…
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Transfer of Equity Bad Credit Help!
Hi I recently split with my partner and we have a joint mortgage. It was agreed between us that I could take over the mortgage, however the bank turned me down due to my poor credit score. I have been working on improving this over the past few years. When I checked my credit report there were 3 defaults - the largest one…
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Help please- single mortgage when married due to debt and bad credit
Hi, first time posting but can't find any up to-date posts about this. My husband and I are wanting to move however I have about 10k of debt and a bad credit rating. His credit rating is very good. However we currently own out house together, so are linked financially by this (nothing else). So we are hoping that my…
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Extra lending question
My husband has recently inherited a house from his Uncle. He has decided to rent it out but before he can do that the house needs some work doing to it (new kitchen, new carpets, redecoration). We do not have the money to do the work so decided we'd look into borrowing extra on our current mortgage to do some work on our…
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Barclays lending criteria
Hello This my first post here. My husband and I are hoping to get a mortgage for around 2 times out joint income. However I have 4 defaults from 2012. They are all satisfied. I am aware we may be able to get a mortgage with s sub prime lender but saw this on the Barclays site More than 3 satisfied defaults* and the latest…
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Mortgage provider no longer supports my shared ownership mortgage
I'm currently on a high SVR mortgage for a shared ownership property, I called up to rate switch the mortgage to a better deal which would save over £150 a month. This is not a remortgage, simply a rate switch or product switch. However the provider told me that they no longer supports my shared ownership mortgage, so I…
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22 myths left on mortgage
Hi everyone. Need some advice please. We have 2 years left on our mortgage and are locked in on a fixed rate till March 17 at 2.49% which in turn will leave us with 22 months left on our mortgage with Santander. They do not do any deals with a mortgage under 2 years so we will go on the standard rate of 4.49%, Any advice…
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Loan or re-mortgage
Hi, hoping someone can offer me some help as I am not very financially savvy and struggling with this. I have recently got myself out of alot of debt and am now looking at either a re-mortgage or loan in order to fix/complete a very iffy extension on the house so that i can look at selling and moving to another area. My…
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95% Mortgages for non first time buyers?
I'm originally from Canada and have co-owned a property there with my Father for the last 8 years. I've now lived in London for the last six years and am looking to purchase my own flat. I've read a lot about 95% mortgages and help to buy schemes for first time buyers, though as I already own a property abroad it seems…
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Credit cards: what's better?
Hi folks, Appreciate this is a bit of a "how long is a piece of string" question, but do you think the majority of mortgage lenders would prefer to see a low amount of available credit, or a low utilisation of available credit? I ask because I've been given a much higher credit limit on a credit card than I actually need…
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First Time Mortgage
Hello, I am currently living with my girlfriend, she has a mortgage with her brother which they have had for just over a year, he is now looking to break away and fees and monies have been agreeded between the pair. When my girlfriend comes to remortgage, if she is to add me onto the mortgage, is there anything out there…
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L&C Broker question
Ok, bit of an odd question....my broker was having trouble getting a decision in principle with natwest....natwest were declining me despite my credit score being good and no errors. She phoned me yesterday to say that she had spoken to natwest and they would require me to fill in a load of paperwork, sign and return. she…
