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Is this impossible
Deleted as moved to another board
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Can someone tell me which lenders offer 95% mortgage...
...with a let to buy in the background also? I was told 2-3 lenders will consider this, and I am going through a broker when the time comes, but I wanted to know which ones do. Many thanks.
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Nationwide Application
Im currently looking to get a mortgage with Nationwide Paid off all my small debts and have a £75k Deposit Earnings are 78k Partner 11k House £455k I have a Loan I’m looking to close in May currently paying £360 a month, I also have 4k on a Credit Card. My question is will it impact me getting the mortgage if I’m closing…
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Buy to let mortgage or residential mortgage for second property?
Husband and I have just paid off the mortgage on our 3 bed house worth £310k. We are in our early 30s and although we love the idea of being mortgage-free, we can't help but think we should still have one whilst interest rates are so low. We have no pension set up, so are considering doing a buy-to-let. Should we draw a…
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RBS Mortgage
Hi we are just over 2 years into a 5 year fixed rate mortgage @ 5% interest. I have asked RBS about changing the contract as I feel as first time buyers we were persuaded into this as " interest rates can only rise" They say I would need to pay 5K to get out of the contract. Any advise is welcome
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Please help mortgage transfer
Hi, Any advice would be most welcome! My sister is breaking up with her partner of nearly 10 years and last year they bought a property together. She would like to stay in the property and transfer the mortgage into her own name. So far the break up has been fairly amicable and her partner has agreed to have his name taken…
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Any reason not to mortgage with bank?
I've been looking through all the mortgages available to me and it seems that for my situation some of the mortgages offered by my bank are actually very competitive. I have compared these against the mortgage comparison tool on the MSE website, other comparison sites, and other lenders, a broker, and it still comes out as…
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Getting a mortgage- Unplanned overdraft
Myself and my partner have just put in an offer on a property. My issue is if they accept and we start the ball rolling in applying for a mortgage (we already have a mortgage in principle) they will request bank statements. My partner went in to an unplanned overdraft recently and i'm worried this will effect us. He is…
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Credit file search AFTER Completion?
Hi I have question about whether any lenders (Specifically barclays) can/do credit check AFTER completion to confirm balances have been cleared? I received my mortgage offer which was contingent on clearing certain credit card balances "within 30 days of completion". That implies that you can be credit checked after…
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Help. How do landlords fund multiple purchases?
I have a residential mortgage and 3 btl properties with capital repayment mortgages. I would like to do more but the 25% dep plus renov costs means I can only manage 1 every couple of years. How do landlords borrow that enables them to have 50+ properties and move from one project to another without selling the last…
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Proof of address living with parents.
We've applied for our mortgage and its gone to valuation state, the underwriter has asked for proof of address from 2014. As im living with parents i dont have my name on any utility bills, or council tax or anything like that. so i thought simply i would use a bank statement, However shortly after moving out of my dads…
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Lease Below 70 years - remortgage / lease extension advice
Hello all, I am looking for some advice – I have blindly walked into a situation with my lease that I now need to resolve. This is the background: I own a flat which I used to use as a second home during the week whilst I worked away from home (it made more sense to pay a mortgage than rent somewhere). A year back I…
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Debt consolidation
I am looking to find a new mortgage lender. My financial adviser has come up with an idea of combining existing debt for my credit card and a personal loan into my new mortgage. This way I get a much cheaper interest rate than my loan and credit card are at. Just thought I would post something to see what peoples thoughts…
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How can i protect my mortgage payments?
My husband has been suffering from depression for a year and I think we are reaching a point where his job is severely at risk. I have been looking into mortgage protection insurance but it seems this won't cover any pre existing illnesses. Is there Anything else I can do to help us, or is it really just a matter of…
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Holiday cottage - is this possible?
Would be really grateful for any advice, please. I would like to buy a holiday home and possibly partly fund it via holiday lets as well as using it myself/friends/relatives using it. My main home in my sole name is mortgage-free and worth around £750K. I also have in my sole name another property worth around £300K with a…
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5 year default with Lowell Portfolio - Mortgage?
Hi everyone It's almost midnight, and what a day today has been! Myself and my fiancee have been looking to get a mortage for a while now, and decided that we would apply once I have finished my annual trip away in June. Despite not ever being in a struggle with finances I decided to check my credit file (first time ever)…
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Halifax Mortgage Process 2017
Hi I have read a few older threads on Halifax's mortgage process. Just wondering really how long it takes, I have a financial advisor who is dealing with the application for me and my husband? He has said that it has been accepted at DIP stage and has asked for documentation. We are providing the documentation quite a bit…
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Mortgage Application - Maternity and no proof of commission
My wife and I are in the process of trying to get a mortgage. We have sold our property and put a reservation fee down on a new build property. We have been dealing with the builders recommended mortgage brokers New Homes. My wife has just returned to work following Maternity leave. She currently works as a Hair Stylist…
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Get a loan to clear mortgage? *update*
Hi all, I am looking for advice on a possible option i am looking at. We currently have a 2 part mortgage on our property. 1 part is at £52990 @ 1% and the other is at £21478 @ 3.99%. On part 2 the remaining term is 7.5yrs and we currently pay £290 per month and overpay by £200 per month. I have seen a loan for £20k at…
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flat in commercial property
A launderette has a flat above it, and a flat built on behind (own access rom the rear). Both flats on seperate (new) leases, with the launderette owner holding the freehold for the building. 1) Is obtaining a mortgage complicated by the commercial element in the building? 2) if so, why? 3) how many/which lenders would…
