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Remortgaging with restrictions on land deeds - Advice
Hi hopefully someone can offer me some advice. We foolishly took on a welcome finance consolidated secured loan back in 2007 and have not paid a penny or contacted them since 2010 wen we got into financial trouble. Long story short, my business failed and I went bankrupt in 2011, in the process Natwest placed a seperate…
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New mortgage for civil servants - continuity of employment
Quick question for anyone who has experience of securing a mortgage as a civil servant. My husband and I both work for a national government department, but are looking to relocate 250 miles away. We will need to port our existing mortgage (to avoid the early repayment charge) and possibly take out additional borrowing if…
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Working in London, mortgage for elsewhere
I'm a nurse from Yorkshire but am working down in London, staying with my Mother in her spare room which has finally allowed me to save up a good deposit. Now I am looking to buy a house back in Yorkshire. Initially I would like to buy this whilst still living & working down here so that I can take my time to find the…
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Would you bother with the hassle over £6?
So i have just received my offer from HSBC. Its for a remortgage. They give you 7 days to think about it before moving forwwrd with the legal side. I have just noticed the rate I am getting is 2.44% however the rates online are now showing 2.34% which is a difference of about £6. Would you go back to them and ask for the…
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Buying a new house, how will my loan affect getting a mortgage
Thinking of moving house and want to pay off a loan i have with some of the profit i will make from selling my current house. Will mortgage lenders take my loan into account if i'm going to pay it off once the house has been sold? The loan is about 14K, haven't got any other debt apart from my current mortgage. Should…
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First time buyer - mortgage porting in future
Quick question about mortgage 'porting', which I understand is the ability to 'move' your existing mortgage mid-way through a deal if you sell and continue the mortgage (and any additional borrowing?) in the purchase the new property? Hope my understanding above is correct. If so, I am a first time buyer and about to begin…
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Can I get a mortgage on a property I own whilst on a debt management plan?
Hey guys Due to being young and foolish then being made redundant I don't have the best credit rating now and have also ended up with a CCJ 5 years ago, a default 3 years ago and currently on a debt management plan. I rent my house at the moment too. I have never missed a payment on my debt management plan. I have recently…
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Life insurance - help!
Ok, so I have never needed life insurance before but we get the keys to our first place on Monday. I dont really understand all the options. How do you know if its a good deal? How much do you pay? We got a quote from our mortgage broker but think I have seen cheaper online. What type is best to get? I think we want a non…
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Unhappy with mortgage broker
Hi, I wonder if you can help. I am unhappy with the service provided by my mortgage broker, but I am unsure what to do about it and whether have a right to complain (and if so, who to - the parent company of my broker? the FCA? etc.)... A few months ago, I approached a mortgage broker to help me with remortgaging at the…
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Mortgage buy out after relationship breakdown.
So me and my partner have broken up and have a mortgage together. We were originally going to sell the house and go our separate ways, as we both didn't have the money to buy each other out. We had the estate agents in and our house was valued 30k more than we paid for it 2 years ago. My partner then spoke to a family…
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Anyone dealt with Clydesdale Bank recently?
Just that, really. FTB applying for a mortgage (80% LTV) with Clydesdale Bank via a broker. We are both contractors which does make it slightly more complicated. We spent the past 10 days compiling the seemingly endless amounts of paperwork in the correct formats, which was completed on Thursday last week. The full…
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Specialist Needed for Joint Mortgage for Company Director & Employed Spouse?
I’m hoping for some guidance from someone ‘in the know’!. Having done some (very little) research for a mortgage for me as a Company Director I thought I’d need a specialist to help. However, as my wife is employed (by the same company) and the retained profits in the business are not at a level to be factored in for my…
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Nationwide - FTB
So we have just had our MA submit our full application after receiving DIP. Does anyone have any recent experience with Nationwide and the timescales they work to? This whole first time buying experience has got me a nervous wreck!
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First time remortgage
So I'm coming to the end of my fixed term. I called up my current provider to ask what they would be offering. They said they can offer 2yr fix at 1.49% based on a 74% LTV. This would equate to £1,400/month for the term + £1,000 fees. I have £330,000 left on the mortgage. They said they were using the "house price index"…
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Mortgage for a flat and shop combo
Hi all, My girlfriend and I have been looking to purchase our first home and have stumbled upon a place that has a shop portion and a flat portion. For our budget in the given area, the flat portion is considerably larger than anything else we've seen. The sale includes the freehold of both flat and shop. We would prefer…
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Bad decision when remortgaging and now looking to move
Hi, I did my first ever remortgage just over 3 years ago. At the time I decided to fix in my rate to 3.2% for 5 years. The main reasons were that I didn't want to gamble with a potentially higher rate and had a baby on the way so wanted to be safe in the knowledge my payment would remain the same for the whole term. So 3…
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First time mortgage - lending amount?
Hello! I'm a 27 Year old male trying to get onto the property ladder. I earn just over 24k PA and am buying a house on my own. I have looked at several mortgage calculators online that say I could lend up to 109k (plus my 13k deposit). This is wormed out with 4.5x my wage plus my deposit. However, the houses I've looked at…
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btl remortgage question
I have a buy to let where 70% is equity. If i remortgage can i still release a little equity and how long does it normally take? I want to give some money to my parents.
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+1.39 year tracker-decent value?
Whilst I was considering yet another 5 year fix in approx 3 mths time. Is a 2 yeaar tracker base rate +1.39 i.e. Currently 1.64 still good vaule? This would be much more open option for me as I may have to move due to health. I appreciate rates will rise, though I wonder if Mr Carney will return home and uk rates start…
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Santander mortgage FTB
Hi, My full application went via MA on 2nd May. Mortgage with Santander. Anyone else?
