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Chances of securing a re-mortgage with large debt?
Any advice would be appreciated. We currently have a mortgage on our current home, but would like to move to a slightly more expensive property. Our credit rating is good, and we have a reasonable combined income of around £63k. We are likely to have a deposit of around £35-40k and would be looking to borrow around £130k…
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Key Worker Property - Buy to Let?
Happy easter!! Quick question for the experts, friend of mine has a flat she has been trying to sell and had the sale fall through 3 times. I don't know all the facts but from what I can gather her flat is registered as a key worker property (sure there's better terminology for it), though she isn't a key worker herself.…
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mortgage help
Hi first ever post on a forum so please tell me if I go wrong. Have sold my house and have £60000 equity left. seen a house which is £85000 so will need to borrow £25000 max. Problem is I have a really bad credit history and I now only work part time with an annual income of only £10000 per year.Who is the most likely to…
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Remortgage of Help to buy scheme
Hi all, There seems to be a limited number of companies providing remortgages if you're using the HTB equity loan. Seems strange because when I took out the offer 3 years ago there we're a fair amount of providers offering deals.!? So far I have found Skipton, Leeds, Newcastle BS, TSB, Barclays, and Halifax and poss LLoyds…
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mortgage and fire doors
Not sure if this is the right place to ask... ...it's a one bedroom flat and it has 6 doors to various rooms. Some are fire doors (heavy) and some are not (light). Boiler cupboard, storage room and bedroom are all fire doors. Bathroom and kitchen are just cheap light doors. And also there was a fire door between the…
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Help !!
Has anyone had their mortgage application go back to the underwriters after valuation ? Im getting so worried - my broker said it was approved subject to valuation and now the underwriter has asked for the case back...i do have defaults which were declared...is this normal practice? Honeatly getting so upset about it all ,…
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First time buyer advice
Hello, I'm in a bit of an unusual position. I'm a single 25 year old (no dependants) first time buyer seeking some honest advice about mortgages, schemes & general experiences. I've managed to save a bit of a deposit and currently earn 46k. I'm still quite early in my career and sure that my earnings will increase in the…
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do we stand a good chance for a mortgage ?
hello we recently just cancelled our IVA as we really don't want to be in debt, so we are now payig everything off to be debt free and making sure we make regular payments to like rent etc . in 1 year and a half will we stand a good chance for a mortgage concidering by then we would have already cleared our debt in 6…
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Treatment of parental funds
Hi All, Looking for a bit of advice on mortgage application. My parents have offered to provide my wife and I, with additional funds for the purchase of our house. Agreement is we would have effectively an early inheritance – provided we pay interest at the current rate – and this would be written into a codicil of their…
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Shortfall query
Hoping someone can advise. About 5 years ago my family went through a very traumatic situation and as a result, neither myself or my husband were in a position to continue paying our mortgage and started a shortfall application with the mortgage company, in which we would sell the house rather than hand back. They accepted…
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Mortgage on a property I own outright, although I live abroad.
Hi is there any company that will give me a mortgage on a property I own outright as just inherited it but my auntie is going to rent it from me long term.therefore giving me an income to declare from it. Also I live in France so guess this will be another issue. Seems crazy I might not be able to access money in the house…
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Getting finances in order for house purchase
Hello everyone, Happy Easter/Passover, Can anyone advise about what to do about my savings for house deposit - I've got an offer on my home, which will make up most of my deposit, and am looking now for new property. AIP is agreed with Natwest. I have my savings all over the place, ISA, several current accounts, savings…
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HSBC mortgage appointment
Has anyone had a purchase a property appointment with HSBC? Just wondering what it involves etc ? What do they ask ? All I keep seeing is bad reviews about hsbc.
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Mortgage and Gambling
Hi There, We are moving house and I am about to apply for a new mortgage. My salary is 2.7k take home and I have no debts. My balance is healthy. A couple of months ago I paid £500 into my betfair account. I know that mortgage companies can sometimes reject due to this (I had ~10k in my account at the time). Is this likely…
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Atom bank fix
Hi all, Has anyone applied for the advertised 5 year fix at 1.29%? Obviously the rate is attractive but I am concerned about the £900 fee and the fact that it needs to go through a broker. I have never used a broker before as my bank is very competitive (and so far unbeaten by the brokers I have approached). Also I have…
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Impact of bank statements & overdraft when applying for a remortgage with new lender
Can anyone help me on the following query that I have: 1. I am about to apply for a remortgage on my current home. When I took out my mortgage initially due to my credit history I did not approach a broker but went straight to the lender (Aldermore) foprom whom I secured a mortgage with. This time when I approached the…
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HSBC valuation - meet in the middle?
Hi all We have just found out the HSBC valuation for our remortgage has come back 10k below what I was expecting. At first I was upset because I thought we have just gone through all the process for nothing but then realised this would put us at 88% LTV so could still go for a 90% product... great i thought as still lower…
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One Account
Hi, I have been with the One Account for the last 9 years and am now wanting to change to a different mortgage as the interest rate is 4.5%. Should of done this alot sooner. Has anyone else moved from One Account to another mortgage, how difficult was it? As I would also need to change to a new current account at the same…
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changing mortgage application
Can a mortgage application be changed? I have been mis-informed by my solicitor regarding extra's on my new build. They said i add it to my house price for mortgage application. Surveyor queried the difference between Halifax and house builder so builder called and asked if i had added extras on. He told me extras are paid…
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Is new mortgage at risk due to 0% application CC?
Hi you helpful people. :) I have a question and wondered if anyone had any thoughts about it. Me and OH are in the process of taking on a mortgage. We will be exchanging in roughly 4 weeks. Part of my amazement about this is that I must have a decent credit record. This is very good. The new place needs windows to make it…
