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Mortgage Childcare
Hello, We are looking to increase our mortgage offer to the maximum and are currently paying £650 per month in childcare costs. Does anyone have any good advice on how to make this monthly payment 'disappear' from our monthly outgoings? If childcare costs were paid by grandparents would that work?
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Mortgage Affordability vs debts
Hi, We are currently in the process of selling our house and will be using some of the equity to clear some debts. We wanted to buy another house but are concerned that our debts will be held against us when a potential lender does their affordability checks. Can anyone confirm whether lenders are prepared to look past…
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joint mortage adice
I'm in a joint mortgage and my husband is not paying it, I wont be able to afford it myself even though I work and have 2 kids. We were going through a divorce but cant afford the court fees etc. I was looking through the route of getting my half of the equity out but apparently you need two signatures and he wont sign any…
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HSBC Internal rate switch questions
My current HSBC fixed mortgage runs out in October and as a result I have two questions: 1. During their rate switch process do the yask if my circumstances have changed since the last time I have appled for a mortgage with them. If my answer is yes and under my new income I do not qualify anywhere near for their mortgage,…
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Just a query
My two sons live in the house I own. The younger is about to leave, the other son wants to stay but his income is so low I doubt it's feasible. Just out of interest, is there a solution here? Could he but a share of it from me? I know this is vague but what does anyone think? Thanks.
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Personal guarantee on limited company mortgage
Hi I am looking to purchase a investment property through a limited company. The mortgage provider, Kent reliance are asking me to signs personal guarantee, can anyone assist me on what that actually means.? I have a residential property jointly owned with my brother will this be locked into this mortgage and if so how can…
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Skipton Mortgage Product Switch
Are there any other lenders that refuse to offer current customers a non advised transfer to a new rate at the end of a fixed rate. Just wondered. I did a quick search out of curiousity but didn't find one.
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Does anyone know what Leeds BS retention rates are like?
Are they same as normal rates I can find on website? Are they higher? If so does anyone know how much higher roughly? Thanks
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Property abroad
My friend bought property in India about 10 years ago. 2 years ago he died suddenly but there was nothing in his will about the property. As he only used the holiday home twice a year, a indian friend of ours lived there, and did all the repairs etc, plus paid a rent and looked after my friends dog. Before he died he had…
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Mortgage with first direct, nationwide or hsbc?
I have found that all three are offering fee free remortgae product 1.59% and the same svr so im not sure who to go for, i know that first direct have won lots of awards but i am leaning towards nationwide. Any other thoughts and experiences out there?
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TSB Mortgage Application
Hi Everyone First time buyers, Just wondered if anyone has any experience with TSB mortgage process. Bank statements, wage slips and proof of deposit and ID's given. Valuation fee taken from bank yesterday and estate agent rang today to say valuation will take place on Tuesday. I guess I'm after some reassurance. Is it a…
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I'm so worried :(
Hello everyone, So, 12 months ago I bought a house with my (ex) partner. She left me fairly recently and I've decided to buy her out. The outstanding mortgage is 137500 and having done the affordability online it says I can lend up to £169000 so I thought I was fine. I've just spoken to my lender (Nationwide) who have done…
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2 year fix rate nearing end what to do?
Hi all, I bought a property with my wife on a 2 year fix rate at 4.67% with a deposit of only 5%. My fix rate comes to an end nearer the end of the year but I need some advice on how to proceed. 4.67% is quite a high rate compared to some out there but i was told by a broker that was the best i could get at the time as it…
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Signed Contract ?
Currently in process of buying a house, all searches have been done. Contract on my behalf has been complete and signed. Have paid solicitor in full and transferred the deposit to solicitor also now. What are the next steps and how long do you think it will be for a competition? We haven't been given a date. There is no…
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How to get an interest rate deal?
Im with Halifax 1.99% fixed rate mortgage due to end in a couple of months. I have found 1.59 at nationwide. Best i have seen online with Halifax is 2.04 as mortgage is less than 99k its 97.5. Who do i speak to to get a discount. Thanks
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Mortgage & Conservatory
Looking to purchase a house shortly, buying with my partner and we have no chain. Would like to add a conservatory to the house due to its small living room if possible but dont have the cash outright to build a conservatory - firstly can you add this cost to the mortgage easily or not and how would it work? Or do people…
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Help to buy ISA confusion
Hello! First time buyer here, just hoping someone may be able to clear up a few confusions I have with my current H2B ISA. I have an AIP for a property with a sale value of 130k, based on a 13k deposit / 90% LTV. I have 13k in a savings account, and currently 2k in a h2b isa (pending how long things take to go through this…
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Fixed Rate Mortgage Early Repayment Charge - is it fair?
According to the ombusdman an ERP could be 'unfair' in terms of contract law if it exceeds the actual cost to the lender of the early repayment and the 'pre-estimate' of loss when the contract was entered into. http://www.financial-ombudsman.org.uk/publications/technical_notes/mortgages-early-repayment-charges.html I am 4…
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Help To Buy Application & Mortgage
HI forumites, I'm a first time buyer reserving a new build with Taylor Wimpey and am looking to use the Help To Buy equity loan, with another 20% cash deposit, so will be looking for a 60% mortgage. The completion window is ~10months away jan/feb '18... but TW are looking to exchange contracts in 28 days (told…
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Release money from mortgage
Hi all, I am thinking of releasing anything from 10-20k from my mortgage to put an extension on the house, I bought the house in 2013 for 204k & it was valued over a year ago at 320k so I am happy to release money against it. My fixed rate term is up in april next year (2018), would I better better off waiting until then…
