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Mortgage discharge Scotland
Hi, Can anyone help with my query, I have recently paid off my mortgage :j and received my title deeds by post along with a letter stating that I had to discharge my mortgage. I contacted a solicitor as suggested on the letter from my lender and have been quoted £195+VAT and an additional £60 fee for registration. Does…
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Flood risk area - will the lender have an issue
Posting this here as someone might know more. Currently buying a house and had a search come back that it's in a high risk flooding area. Completely surprised as I've lived (rented) down the road for 27 years and never had a issue). Although the house is in a high risk flooding the report shows that it's never had a…
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Huge shortfall in endowment
I've been paying my endowment policy since 1993. It was to cover my £30,000 mortgage and I've been paying the premiums ever since on that basis. I found out today that I'm now going to be £12,000 short. Do I have any options at all or is that just how it is? £18,000 instead of £30,000 even though I've paid this every month…
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Mortgage and new job
I'm looking for some advice with regards to purchasing a new house when I am looking to change jobs. Situation is: I have been in a new job around 8 months and me and my partner have recently bought a new build house due to be built later this year (October Completion). We are going through the initial buying now, and…
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Mortgage / right to buy
I am looking to buy my flat..Right to buy...I qualify for the discount of £77,900. The flat is valued at £210,000, however! The flat was valued by an estate agent at £235,00. I checked my credit file and it stated: I had a CCJ for £220.00 from Nov 2011. Also a late payment for a water company for £399.99 not a CCJ. (6…
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Self employed income
Hi My husband and I are applying for a mortgage next week with the Halifax. He is employed by the Royal Navy and I am a self employed podiatrist. On the SA302 which figure are lenders interested in? Before tax or after? Many thanks
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Mortgage in single name
Hi Can somebody possibly help me with the following query... We are in a position where we could pay off debt quicker vs save a 5% deposit quickly. My wife may need to leave work, which I know means that she may be classed as a dependant if I apply for a mortgage. We have a joint bank account and my wife has no debt. My…
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If I cancel current mortgage when i sell house do i have to wait 6 weeks for new one?
I have got a house with my brother a few years back and now we are looking to get our own houses with our partners. Our mortgage with santander has an early repayment charge which we are going to pay as the interest rate is 5% on it and still has 3 years to go, so will save money in the long run. I told Santander that we…
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how long
Does anyone have any experience on how log it takes to complete once the solicitor has started there searches? thanks in advance :)
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Overpayment paying what?
Hi, I make an overpayment of £50 a month on my mortgage, not a lot but what I can afford. I thought it was going to reduce the term after doing the overpayment calculator on here. I've been making the payment for 2 years but just had my mortgage statement and the term hasn't been reduced. I just looked again at the Lloyds…
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Shared ownership mortgage poor credit score
Hi, Just wondering if anyone has any advice. I got into credit card and loan debt a few years ago. I was managingto keep up with minimum payments until 2013 when I went onto a debt management plan with PayPal. I then became pregnant and now have a nearly 3 year old. I paid off my debt in full last October when I received…
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Do lenders have access to more up to date figures?
For example, when looking at your debt on your credit file, do lenders have access to more up-to-date figures as opposed to what we can see on our credit reports? Or is it exactly the same?
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Expat Mortgages
Hi all I'm a UK expat currently working in Malaysia. I'd like to buy a property back home in England to let out but I'm having trouble finding a lender willing to give me a mortgage. The only possibilities I've found so far are HSBC (who require you to have a very large amount in an account with them before they give a…
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Help to Buy Calculations
I'm looking for some advice and we've spent hours searching but can't find the answers. Trying to buy a house with HTB Equity and finding so many hurdles without getting clear answers. DH gets a base salary, a guaranteed monthly bonus of £1000 and a quarterly bonus. Last year his bonus total was a similar amount to his…
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Re-mortgage or Pay Government rental on Help to buy?
Hi there, so my first post here. i purchased a home late 2013 for 333,000. so with help to buy the government lent £66,600 and i contributed 5% @ £16,650. i have a fixed mortgage currently at 1.69%. due to end at the end of the year. that will be 4 years. im aware that after five, i will have to pay 1.75% annually ( £97 )…
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Mortgage offer a pound short?
So we received our mortgage offer and it's a pound short...do we need to worry about this?
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another HTB question
new build house in am looking at is going to be approx 400k (based on previous plots as not yet released). could I put down 10% deposit and get the full additional 20% HTB equity loan to make LTV 70% or is it limited to 75% l thanks
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Advice needed please
Long story so please bear with me. I am 52 years old. I have mortgage of £185K paying £580 with 13 years remaining. At the moment I am paying interest only. I have £85k in the bank after taking severance from my job. I have a pension of £900 a month. My wife was working until recently, bringing in £1000 a month but…
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Re-mortgaging on an IVA
My first post, so any advice gratefully received. My/our IVA should finish in April 2018. In a few months Payplan (IVA company) will ask me to try & re-mortgage, though with an IVA it's highly unlikely. We would then extend the IVA for a further 12 months. Currently have our mortgage with NRAM at 4.29%, interest only, & am…
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Help to buy mortgage
I am currently buying a new build house using the government help to buy. The home builder has given me a couple of incentives, £3k off stamp duty and £500 off legal fees. Just found out that a neighbor has had the following incentives on a same spec property £6k off stamp duty, £1k legal fees and all integrated…
