-
Is it really worth seeing a mortgage advisor?
Hi All, So in an age where you can do everything online, is it really worth seeing a mortgage advisor/s to see what they can offer you? Some places say you will only find the best deals direct.. some say mortgage advisors have special deals available to them.. What did you do?
-
Halifax Mortgage Application Worries
Have recently had an offer accepted on a house, the offer was for £438000, my wife and I have already got a decision in principle through Halifax for £350999, we currently have a £95000 deposit with a further £15000 in savings. My monthly wages after tax is £3000 and my wife's £2100. My wife has perfect credit rating with…
-
Advised that checking credit score is bad?
Hi Just visited mortgage advisor with daughter looking to buy an apartment and were told that these things affect your credit score: checking your credit score Checking comparison websites for insurance etc Having more than one bank account (all with cash in) I'm a bit old skool so a bit skeptical about having a 'mortgage…
-
Gifted deposit - I thought it was from my parents but actually from Grandparents
As title says. I received a gifted deposit of 6750 from what I thought was from my mum but the money has actually come from grandparents unknown till 30mins ago. My grandparents sent it to my mum and she has sent it to me. Instead do I need to be getting my g-parents signing a letter for gifted deposit?
-
How long until I'll be able to get a mortage?
Hi, my partner and I have recently started saving for a mortage deposit and I obtained a copy of my credit report from Experian. I have two previous arrangement to pay markers on my credit file. One has been settled for three years and one was settled this month. I understand that this will show on my credit file for 6…
-
Getting a mortgage with a default
Applied for a mortgage unaware Talk Talk defaulted on me last year when I moved out my flat. Settled it in a hope I would get a mortgage but struggling. Have been turned down by my own bank RBS due to this for 90000. Went to Natwest but they only offered 70000. Any advice would be great thanks.
-
FTB or FT Tryer
Good day After reading and daydreaming this forums for a few months I finally decided to post. My partner and I are living together renting in London. We live of my salary and saved up hers for the last year. We now have £20 000 saved up and are trying to get paperwork in order to go and see a bank/broker. We are looking…
-
Can i 'walk away' from a joint mortgage?
Hi. Me and the wife have a joint mortgage, but we are divorcing. We have an 18mth daughter. Ive not been in the house since december last year, but i am still paying my half of the mortgage, PLUS an agreed maintenance cost. ($506 total, thats almost a third of my wages) My Father gave me the deposit of 14.5k as early…
-
Remortgage Completion Date
Hi Myself and my partner bought out first property two years ago and are coming to the end of our 2 year fixed rate mortgage with nationwide. We are in the process of switching to a new lender who have asked us what date we want to complete the remortgage. Having never remortgaged before I am a bit confused what date to…
-
Currently with Halifax, reapply with them?
Hello, We bought our first house in December, and applied via L&C with Halifax. Got accepted, off we went. Due to circumstances out of our control, we are moving again, and are more than keen to stay with Halifax, due to job commitments etc we were told they were the best for us. Do you think it is now worth us applying…
-
First Time Buyer to Consent to let
Hi all. I have recently taken a 5 years fix term first time buyer 60 LTV mortgage from Barcla y s. After living two months at the one bedroom apartment I was offered a much better paid 1 year fix term contract with great career progression opportunities, but requires me to relocate and rent a place. I am asking for your…
-
Couple of questions
First question is: Just curious on this; our mortgage started on 26th Feb 2016 when we moved into our house. We took out a 2 year fixed rate so I presumed the deal finishes on 26 Feb 18 but just looked on online banking and it says our fixed rate ends on 31st March 2018. Just wondering why that is? Also if the fixed rate…
-
Buying a BTL - Is the below calculation correct
Hi, I am saving for a BTL property and should be looking to buy around October time once funds allow (nearly there!). I remember speaking to my mortgage broker last year when buying a new home for my self about this and I just wanted to clear things up. Hopefully someone with experience can confirm my calculations so I can…
-
Halifax (highly recommended)
I thought I'd give a positive experience of Halifax. I have an impaired credit score (poor) and my partners perfect. We've applied through a broker who recommended Halifax and it's been an absolute breeze. Granted our LTV is 60% (which I'm sure has helped) but with a historical CCJ (fully repaid) and various defaults…
-
First Remortgage, Gone Self-Employed
Hi all, My wife and I own half of a shared ownership flat in London. We're coming to the end of our 2 year "introductory rate" and would like to remortgage. She's been self-employed for years and has accounts to back it up. I was employed for 6-7 years leading up to our house purchase, was on my second 6-month contract…
-
Mortgage and Credit card balance transfer
Hi everyone, I find this forum so helpful so am hoping that someone might be able to help me. We intend to apply for a mortgage in December when we will have saved up the amount required for a deposit. We have already received a DIP from Halifax and if they offer the best rate (according to our mortgage advisor) then we…
-
Kensington versus precise
I'm splitting with my husband. House is in his name he is remortgaging to give me a divorce settlement which I'm using as a deposit for my house. A broker got me an AIP with precise at 3.89 /70% LTV and put an offer in on a house but precise wouldnt lend on it. The estate agents put me in contact with amother broker who…
-
First Time Buyer Questions - Commercial Below - Scotland
Hello there We are in the process of buying our first property in Edinburgh at the moment It is a 2 bedroom flat above some commercial units (a high street chemist and a barbers shop i believe). There is a row of shops and at one end is a takeaway (note its not above the flat we have had an offer accepted on and is infact…
-
Will partner see my side of mortgage application?
I am applying for a mortgage soon and have £3,000 on a credit card [0%] that my partner is not aware of! The mortgage broker advised he didn't think it would effect our borrowing on the mortgage he has looked into for us. However my husband will freak - will he see my side of the application? Thanks A
-
FTB Self employed
Hi guys, I have been buried in this forum for a while now and have took advice from some of the threads already on here. Me and my partner are first time buyers with a 10% deposit for our dream house of £125000. Now here comes the nitty gritty I am a sole trader with 3 years accounts. The first year wasnt very good at…
