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BTL Mortgage almost paid now what
I have rented out my first property for the last 8 years there's only 30k left on the mortgage. What would be the best option in order to purchase another property to let out ?
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MSE Mortgage Calculator
Hi all, I'm looking at HSBC 60%LTV fixed for 5yrs. I'm considering adding the fee to the loan in case my application is rejected so I don't loose out on the application fee. They have a fee saver whereby the booking fee is £0 but the interest rate is .15% higher. I used the MSE mortgage calc to compare and it appears it's…
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Mortgage query
Hi all I know which mortgage i am going for and which package is best but i also want to withdraw £10k for personal use from mortgage. House value - £470900 Mortgage remaining - £260,000 Like to withdraw £10,000 Mine and my mrs credit score is 999 and 980 at present so very good. My only concern is, if i was to fail…
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Buying a property- should I walk away?
Hi, I am currently in the process of buying a property and not sure if I should walk away or if the problems are trivial. I had a mortgage valuation on a property (intending to get a private survey). This survey picked up there was cracking in the render and recommended a structural survey to confirm it wasn't subsidence…
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Mortgage Question - 3 or 5 years?
My husband and I are first time buyers. We are buying a house with a 15% deposit so need an 85% mortgage. We can't agree on whether we should be getting a 3 year fixed rate mortgage or a 5 year fixed rate mortgage. We are both self employed. The 5 year mortgage has an interest rate of 2.64%, the 3 year has an interest rate…
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Changing names on a mortgage
Hi to cut a long story short my husband inherited a share of our house and due to me only working on a temp part time contract his sister applied for the mortgage with him. We've had the mortgage nearly 8 years and we would like to take his sister off and add me on instead. We have never missed a payment and his sister has…
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Self employed mortgage!??
Hi Went self employed in August last year mortgage is il for renewal so I don't have 3 years of books, anyone else gone through the same thing and have any advice please? Should I just let my current mortgage renew? Thanks
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First Time Buyer Advice
My wife and I are currently looking for our first mortgage and would like a little bit of help navigating the minefield :eek: We have around £70k-80k equity in our house which is owned by my wife's parents and are now looking to move up north to get a lot more for our money. We can afford a 5-bed detached in a very nice…
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Will Halifax lend in a single name (married couple)?
Hello all, I'd be grateful if anyone knows the answer to this and/or any high street lenders that will? Although I am only 39 and only want to remortgage based on my income, our current lender won't allow it as it won't be fully repaid by the time my husband is 75 *sigh*. Looks like our only option might be to take him off…
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Natwest Mortgage Issues
Hi, I'm new here, and thought somebody might be able to offer me some advice on the issue I'm facing. As a young person (24), I'm trying to get a mortgage with Natwest. So I applied for a mortgage, failed the credit check, which was surprising, to find out that Capital One sent a report in Feb for a 200£ credit card (of…
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Anyone used Finance advice centre Ltd as a Mortgage broker?
Good evening all, Has Anyone used Finance advice centre Ltd as a Mortgage broker before? They are based in Derby. They are registered and listed on the FCA website and have over 160 really good reviews. They seem good as I had a chat with them the other day but you can't be too careful these days!! I will appreciate any…
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SECTION 106 - finding the IMPOSSIBLE mortgage!
We have planning permission on our own land for an affordable home with a section 106. We have done the ground works ourselves but need to take out finance to start the rest of the build, we need 80k. The first route we where going to go down fell flat on its face - we where hoping to release the funds from another piece…
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Stamp duty on second home.
Me and my partner are in the process of applying for a mortgage for a new home together. My partner currently own her own property and I am a first time buyer. We are looking to purchase a new house together, myself being a first time buyer. It is our intention to sell her house, which is currently on the market. However…
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Defaults/AP's
Hi, Just a quick question. When looking at all the different lenders lending criteria they only seem to mention ccj's, iva's, defaults or missed payments. Where does an AP fit into this? So for example if they said "no defaults accepted" but "up to 6 missed payments over the last 2 years accepted" and I had no missed…
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Mortgage
Hi, we bought a house last September. Price was £353,000 and our mortgage was £244,800 (LTV of 69%) on a 2 year fixed. The term is 35 years so monthly repaymnents are £763. The amount borrowed was against my salary of around £40 (which includes £10k bonus based on previous payslips) and my wife's self employed earnings of…
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unemployed
Advice needed. My mortgage term is coming to an end soon and I need to extend the term due to shortfalls in my endownment, I am currently unemployed and although JSA contribute a small amount to pay towards my mortgage I don't know if I will be accepted by anyone being unemployed for a re-mortgage or existing Halifax…
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Please help me
I have a mortgage with NRAM. After inheriting from my mum, I paid off £65,000 of my mortgage. But NRAM, are not applying that payment to my account for a month. After they originally told me 5working days. And they still want a full interest payment this month of £1295 instead of a new payment of £595. They wont apply my…
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Easier Mortgage Applications?
We’re really keen to get onto the property ladder, and have been shopping around for mortgages. It all sounds quite complex and we’re looking for alternatives that are a bit simpler to understand and require the minimum paperwork. Recently we’ve seen some articles about online mortgages… has anyone had any experience with…
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Part of Garage Roof contain Asbestos Materials
I am a FTB and recently got my mortgage application accepted by Halifax. Valuation was a basic one and conducted by Colleys. Valuation report (basic valuation) contains the remarks as below. "...Parts of the garage roof are thought to contain asbestos material. You should take care when carrying out repairs, maintenance or…
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Mortgage and Debt.
Hi, last year my husband was in a car accident that left him off work for several months and then when he did return he was on part time hours (he has just gone back to full time) As a result of his reduced income we unfortunately got into debt. We have never missed a payment but I am aware that to potential mortgage…
