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Redundant, new job, porting mortgage?
Hello, Looking for a bit of help with regards to understanding how First Direct might look at this situation... I have been redundant, and out of work since January but hope to be starting a new job very soon. I currently have a mortgage with First Direct. No payment history problems at all (including redundancy period).…
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Barclays / Woolwich application
Hello, My mortgage application was submitted round about 20th April, does anyone know how long an application takes? Thanks
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how to renew/extend leasehold on a flat
Good evening. I have a flat on which there is a mortgage and was wondering as my leasehold term reduces over the years how could I extend the term or go for a new leasehold term otherwise when the time comes to sell it would be difficult with a short leasehold Thank you
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Taking money out for extension
Hi All, I'm sorry if I'm duplicating this but how do I go about taking money out on my mortgage to pay for a extension? We're wanting a bigger living room and extra bedroom turning our 2 bed into a 3. Am I better off getting planing and prices of the extension then sitting down with a mortgage advisor and saying I need x…
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Northern rock remorgage
Hi im looking to remorgage im with northern rock. The togeather morgage. I now have a 90% ltv. This is the loan and morgage put togeather. Will a new morgage company take on my loan and morgage as one? Because the loan goes up 8% if i leave it with them. Any help thanks.
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42 Years with Commercial Union...
... and eventually Aviva. I have an endowment due to mature soon after 42 years of paying in £15 a month. The endowment was taken out as a savings vehicle called Wealthmaker. The maturity value including all bonuses will be just under £80,000. I'm quite happy with this and I've worked out that this is equates to an annual…
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Nationwide - should I move from a tracker to fixed?
I currently have a 2 year tracker on my Nationwide mortgage at base rate plus 1.24% (so currently the rate I am paying is 1.49%). This tracker term ends in February 2018, and I have noticed on the Nationwide website that they are currently offering 1.49% fixed for two years i.e. the same as what I am paying now. What would…
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Remortgage now or after election?
I am wondering what the consensus is around the best time to re-mortgage? I am asking in respect to getting the lowest rates (:money:) If the outcome is a conservative party are elected which seems highly likely then is that likely to affect rates in a good way or a bad way? Or am I over thinking the whole thing? P.S My…
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UKAR change of owner
I have a Mortgage Express 1/4% above base interest only BTL currently 60% LTV that I don't want to loose. After divorce I must remove the other borrower from the mortgage as per the court order. I have the transfer of equity application form and am worried that they may not accept me as the ongoing borrower. I need to know…
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Mortgage for a flat above a post office
Hi, I've read from a few places that applying for a mortgage for a property above a commercial premises can be problematic from the view of the lender due to added risk. Is this something that is still prevalent in large cities (for example, Edinburgh), where a considerable proportion of the flats will be above commercial…
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Queries - DIP & Overdraft
Hello, I previously asked if it would be worth my bf getting a money transfer to clear his overdraft and make payments to the credit card at 0% instead of just paying interest fees on his overdraft, as that way the debt will start to go down. The reply I got was that we should use our savings to pay this off instead. In an…
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Final payment query
Hi I've recently came into an inheritance payment and would like to pay off my mortgage. I've been told to ask my lender (Halifax) for a full and final payment offer in order to pay a reduced balance. It's the first I have heard of this. Has anyone ever went down this route? If so what sort of discount was given? Did it…
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Barclays Affordability Plan
Hi, I have booked a mortgage appointment at Barclays for Saturday 20th May and I just wanted to know in regards to the Barclays Affordability Plan can I only obtain a mortgage with my parents or can I also have a cousin of mine on the mortgage i.e the mortgage is for myself while my mum and cousin are supporting me. And…
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3 months statement help pls.
Hi I am wondering if someone in the know could kindly advise. I will be applying for a mortgage in next few days as we have offer accepted on our dream home (joint mortgage). Previously I have had significant debt but this is down to a small loan costing little over 100 a month. I was living off overdraft while paying off…
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Advice sought re:HTB acceptance
Hello all, new to the forums. Was just wanting to get some points of view/opinions on me and my partners current situation. We are potential first time buyers and are wanting to get a HTB property. We are booked in to see a mortgage advisor on Tuesday, and I'm a touch worried that we might get knocked back due to previous…
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Remortgage or something else
Hi We own our house and think it is prob worth around £300k. We want to borrow £20k for a conservatory and a couple of other little jobs. What is the best way to finance this. We are thinking of selling the house next year so would pay back any loan then. I found a mortgage with no set up fees, early repayment allowed. It…
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When to apply?
We are renting and hope to buy a house in the not too distant future. Our letting agent let's for min term of twelve months ( they wont do a month to month let as we had previously) so we need to time the application so we can move from here to a new house once the tenancy expires. If there is a small overlap no worries…
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end of term dilemma
I have an interest only mortgage £130,000 it is made up of four sub accounts 69k,15k, 24k and 22k all were due to end in 2020. My house is worth approx £400,000 my intention has always been to downsize in 2019 to clear the balance. Due to an administrative error the end of term for the 69k and 15k were not adjusted and are…
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will this effect my credit report
Morning all, My wife has just informed she used confused.com to run a car finance quote, im worried this will have an effect on the mortage if they check before they send the payment. could anyone confirm if this will appear on my report? or will it be a soft search and have nothing to worry about? cheers
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Halifax
Hi Guys, Just completed and got the keys to our new house today :) Summary of what we took out and credit history: 420k Purchase Price 84k HTB 63k Deposit 273k Halifax Mortgage - 2 Years Fixed 1.49% I've got 4 defaults from 2011/2012 all now satisfied. 2x Payday loans from 2013/2014 30k outstanding on car finance. Other…
