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Husband is leaving me
Hello, I am hoping for some advice please. My husband has told me he is leaving me after more than 20 years together. It was a complete shock and he says he has fallen out of love with me, and has now found someone he thinks he wants to be with. Financially, we have £50k in ISA's, a house worth £400K with a £50K mortgage…
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Title transfer without benefit
Hello, I have checked other forums and can't seem to find any question similar to this and apologise in advance if this has been asked before hand. I have also checked the internet in general, but the advice is not what I'm looking for. My brother wants to help myself and husband to purchase a home . His salary with mine…
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Survey liabilty issue found
FTB just had survey carried out on property and has indicated a possible liability due to property being located in a historical parish or tithe district containing a record of Chancel Liabilty, carried out by pinpoint. I am now slightly concerned now whether this will be an issue regarding mortgage or will they simply…
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Countrywide saying my extension a new build before a valuation and will not explain
Has anyone had a situation where Countrywide ask for a 10 year new build guarantee for a house and say it's a new build when a property is extensively renovated and refurbished but all council consents were for extensions and factually it's not a new build. I can't seem to get hold of anyone for them to explain - I think…
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Affordability - sole vs. joint application
Hi all, Having played around with 'Nationwide for intermediaries' (no, I'm not a broker), I have discovered that Nationwide will lend me more if I apply alone than if I apply with my wife. I would set her as 'homemaker' as she's starting a business and has very little income at this stage, and couldn't use it on an…
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do i overpay interest only or fix now
hi everyone just sending my mind into overdrive comparing the current fixed mortgage deals and i cant think anymore let alone make basic calculation i have 102,000 outstanding on our mortgage. we are currently with santander on the SVR 2.29% and its interest only mortgage and the payment has been 195gbp a month which was…
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Advice needed
Just after some general advice. Have a mortgage broker who has submitted a DIP with Nationwide, which has been referred to underwriter. The reasons are late payment history and credit card account conduct. Late payment history I did have a heads up on and have contacted the financial ombudsman to try and get this removed.…
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Mortgage advice please
Hi All, I am just after some advice on what mortgage option is the best and whether the below is the best option to take. I will start of with some background info. I have just bought a new duplex apartment that is classed as a new build, but is a renovation of an old building. For this reason, I have decided to take…
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Healing Mortgage Arrears Record
Considerably embarrassed about this but I was 3 months in arrears of my mortgage for over two years. I've only just been able to pay off all the arrears so I'm now up to date with my payments. I just wanted to ask if anyone has had any experience or any thought on how long I will have to wait in order to apply for a decent…
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Commision & Mortgage
Hi - wondering if anyone has guidance on commision as income? This is paid monthly so I believe it would be classed as "secondary income" but unsure of how that affects the amount we can borrow. My partner earns a salary of £27,500 a year. Simple. I earn £35,000 basic salary and £4,800 car allowance per year. I also get…
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Is ERC charged every time overpayment is made?
Hi all I have worked out that paying a large lump sum off my mortgage now will be worth paying the ERC rather than keeping it in the bank. What I want to know is, if I decided to pay another overpayment or even remortgage elsewhere during my current mortgage deal will I pay the ERC again? Thanks for your advice
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Switching mortgage product costs?
Hello, I am looking at buying my first house. The asking price is £380,000 and I have £55,000 for a deposit. This gives a LTV of 86%. I was hoping to get a fixed mortgage product for either 3 or 5 years. As an example, for the three year products, it says initial rate of 2.49% which would be £1160.21 for 36 months and then…
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Forcing the sale
Good afternoon everyone, some brief background... I have a mortgage with a member my family (uncle) on a property in Leicester when I was 20 I went on a mortgage to remove his wife at the time (Now ex) between then and now the family have broken down due to deaths and wills (Money). I'm now 27 and obviously regretting my…
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Remortgaging to also consolidate debts
I have two questions and wondering if anyone can help as I'm not having much luck searching online. The first is that my salary have just increased (I've gone from 32 hours to 40 hours). Will any lenders consider me based on my new salary? I'm doing the same job and working for the same firm so the only change is my…
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Anyone know much about principality please?
Hi myself and my partner have had our application submitted last night with Principality by our broker. Anyone know around how long they were waiting to hear back or what principality are like? We don't have any defaults or late payments the only thing is I have an overdraft of 500 that I regularly use but never go over my…
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Equity Release and social care benefits
My in-laws are considering an equity release scheme and both are in receipt of direct payments to help to pay for daily personal care. We contacted the local authority to ask if their allowances will be affected if they go ahead with equity release and were told that they would not be able to answer this question until the…
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FTB - is this likely to be possible?
Our situation: - Husband and I hoping to buy our first house together. We are in our late 20s and have no kids yet. - Hoping to buy a new build property using H2B Equity loan that costs around 200k - We have 5% deposit of 10k - Combined salary of around 48k - Government Equity Loan of 40k using H2B scheme. so would be…
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Credit Card Application before Mortgage
Hi Looking for some quick advice. I am hoping to apply for a first time buyer's mortgage in the next few months. I use a 0% credit card for work expenses at present and the 0% period is coming to an end. I would therefore like to apply for a new card but am wary of the potential impact this might have on a mortgage…
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One Off Payment on Mortgage
Hi Hope all are well I have been asked by a friend as the are getting H B can the make bulk payment on there mortgage as the husband is working at present and do the need to advise any one and will effect the HB
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Equity Release Advice
Apologies in advance if this is in the wrong place. My parents have asked me to look into Equity Release for them and after a quick Google and not really liking what I found I thought here may be a good place to ask :) My dad is 76 & my mum is 70, my dad is retired and my mum still works 15 hours a week although she is now…
