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3.99 fixed a good rate for adverse history?
We are currently with Santander and on their SVR of 4.45 but have had arrears with them under 2 years old and are now cleared . Online we have been offered a fixed existing customer deal of 3.99 fixed for 2 years. My heart says to accept this at 3.99 and review matters at the end of the two years but not sure how that…
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Halifax
Spoke to a broker earlier who has recommended that we try Halifax for our remortgage. Are they a strict lender?
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A Quick Question I Need Some Clarity On Please
We are remortgaging and have a form from the solicitors to fill in and send back to them so the mortgage can be completed. One of the questions has us confused, it states: If requested by Accord have you returned the signed offer of acceptance to Accord Mortgages Ltd? This must be returned to avoid any delay to completion.…
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Broker is making this more difficult... advice
Hi Our broker seems to be making strange mistakes and making this whole process complicated. We are first time buyers. We are having a 95% mortgage. We have been looking since September. We had had 2 mortgage in principals for different amounts all went through ok. We put an offer on a house last week for the exact amount…
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relocating to buy first home
we are hoping to relocate from kent to boston in the bid to buy our first home. however how do we go about getting the mortgage, while we are still living here and I work down here do I apply for it here despite it being for a property in the Midlands. would they accept that? hope someone can help
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Halifax Underwriters any advice please?
Hi just looking for advice from anyone who has used Halifax. Broker sent off application yesterday it passed subject to underwriting and credit reveiw. My OH has 2 defaults one is nearly 6 years old and the other nearly 5 years. Both have recently been paid but not yet showing as settled on creidt file as it has not been…
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Ocean finance
I've been accepted in principle for an ocean finance homeowner loan. Does anyone know anything about ocean or had any experience with them?
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Remortgage
I am looking to remortgage but I understand that a lot of companies will not accept tax credits as income. Is this correct? Can anyone give me any advice please?
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Bank statements
Hi, This is probably really obvious but what about to complete a mortgage application but with a bank that I don't already bank with. They have asked for my bank statements from my current account. I am just wondering what do they use the statements for? Is it just to see what my normal monthly outgoings are or something…
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What does RV mean in a mortgage application
I was reading the mortgage broker notes on a Buy To Let Mortgage application. What does the acronym RV mean? "Currently overpays and will continue to do so. Rent is increasing so OVERPAYMENT will increase to £800 pcm taking up to 10%. If this is not acceptable, sale of property is also RV."
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trace policy number
Hi can someone offer some advice, I would like to trace an old policy number for a Lloyds Bank mortgage I held in 1989. I believe this was mis sold I have been in touch with Lloyds and they say nothing can be done unless I can give them the policy number. How can I trace this any advice would be appreciated. Thanks Cliff
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affordability calculators and Credit card debt
Just been playing around online with some affordability calculators. I was surprised to see that even with £25000 credit card debt, the banks will still be willing to lend money on a mortgage. Is this really the case? According the santander intermediary calculator, we can borrow 245K, even with our current level of debt.…
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Guarantor mortgage
Hello, I am new here so bear with me please! I am in the process of divorcing my husband. We are going through mediation and one option for me to stay in the family home has been proposed by my husband. It would see me having to try to afford to take on the mortgage in my name and at present I don't earn enough to do so. I…
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New Build Mortgage 90% LTV
Hi We have been looking at a new build house which is possibly going to be released in the next 6 weeks or so. Our current position is that we have a house with no mortgage which has not yet sold. We do not want to miss out on the new build as they are few and far between in our location. We have enough saved for a 10%…
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Mortgage porting
I currently have a repayment mortgage and have got a new job in another county. Spoke to my provider who said I can transfer the mortgage but whether the next house is more or less than what I have currently. I have to go through, the suitability check. The thing is when I move, the wife will be leaving her job to move…
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Missing Endowment policy staffordshire building society
hi i am trying to track down a missing endowment policy which was arranged by the staffordshire building society. i do not have any of the details other than it was sold to us in 1987/1988. Is there anyway i can trace this policy I have tried trying to locate it via the building society which merged with Portman building…
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are mortgage endowments taxable
Hi to all, hope someone can help. My wife and I were both sold interest only mortgages and endowments in our singleton years. Two houses became one and on a repayment mortgage (thankfully). Despite not performing, we continued paying the endowments and find ourselves needing to get hold of capital to support our aging…
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Unlimited overpayments?
Currently with Halifax, fixed rate until March next year, overpayments capped at 10% per year Just wondering, are there any mortgage providers that offer fixed rates where you can make unlimited overpayments?
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Buy your home without a borrower deposit
Family Springboard mortgage with Barclays Bank sound appealing & was wondering if anyone can tell me their experience with this product please. Thank you
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Mortgage Deposit
Good Morning, We are currently renting a family members property, we want to buy this property. Someone has advised us that if the family member was to give us a discount on price this would count as a gifted deposit, is this correct? They said that he would need to sign a document at the solicitors to say that he does not…
