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First Time Buyer, advice please
FTB & nervous impatient or right to worry ? GRRRRR: so annoyed, nothing seems to be moving, not sure what to do, I call/email Broker every day and broker keeps saying ill chase UW, don't worry, nothing seems to been happening,, advise please, am I being impatient or should i consider going else where? told need to exchange…
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Transfer husband's flat to my name- help?
Hi, Wondering if you can help! Husband owns a flat which we wish to put in my name as the income off renting the flat pushes my husband over the upcoming 30 hours free childcare threshold. I, on the other hand, work part time and earn very little, therefore makes sense to put in my name. The flat is worth 425,000 and has a…
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How accurate is Halifax aip
Hi I have a bit of bad credit history (two ccj to drop off next year) and looking at moving. Went to a broker and I suggested precise but she also suggested NatWest and Halifax. Failed NatWest credit scoring but passed Halifax but they wouldn't lend enough (this was in February) After seeing a similar post With people…
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Taking an ex off a mortgage
Hi... I need some help... my new partner has a mortgage in his property... he took out the mortgage in his sole name... he then married and although his new wife was never included on the original mortgage... when they were going through a bad time he added her name on to the mortgage to show her a kind of stability and…
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Have I been missold ?
Several years ago I took out a mortgage through my husbands work as one of the perks was a mortgage subsidy. However you had to take it with his company. We filled in all the paperwork ourselves as best we could and sent it off. A day or so before it was due to start someone called to apologise that they had missed out…
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Refinancing/new mortgage
Hi, I've been trying to sort my debts out to make getting a new mortgage for a new house hopefully a bit easier. I have taken out a unsecured loan long term to consolidate my debts but having checked my credit file it appears that the loan company (Tesco) have front loaded the interest on to the debt and the loan amount…
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I'm a first time buyer partner isn't.....advice please
Evening, Thank you in advance for any advice given. A quick run down of our situation: I'm a first time buyer £4500 ish debt in my name working part time (currently just finished mat leave so last 6 months pay slips refelect a much lower income than I am on now) £16,000 income yearly Partner owns a small house with his…
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My chances of a decent mortgage?
Hi all, I would like to ascertain how likely my chances are in acquiring a competitive mortgage through other peoples insight and experiences. My situation, im 26 years old full time employed with a salary of £32,000 per anum, i have now been at my new job for 4 months, i own the freehold of my property with a value of…
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Remortgage for extension
Hi We have a property which has £130k equity and we need £70k to fund an extension. Our broker has said to get a mortgage with nationwide as there's no tie in, then remortgage again once the work is complete to get the best loan to value. Does this sound right? We're with Halifax now but tied in until February. We're…
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Can a broker submit additional documents upon mortgage application?
HI all, Is a broker able to contact a lender and submit additional documents with an application ? The reason i ask is because i have a ccj on my account which belongs to my brother dated back in feb 2014 which i only recently found out after checking my file as i intend to apply for credit, it seems to be a car fine…
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Remortgage on a property being let out
Hi, I have bought a property last year (First Time Buyer) with a 2 years fixed term mortgage with 90% LTV due to a change of circumstance, I need to move to another place and I would like to rent out the property. The lender allows me to rent to property and at the end of the fixed term I will switch to the STV. The lender…
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Virgin Money DIP - credit check(s)
Just had my DIP approved from Virgin, will be proceeding with full application by the end of the week. I wanted to know if a credit check has already been done for the DIP and will a further one be carried out for the full application? Nothing has shown up on my MSE Credit Club searches section yet from Virgin although the…
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Do I need an AIP and current mortgage deal running out before moving.
Hi all Our house is going on the market this week, we have been to see both our current mortgage lender (HSBC) and a mortgage advisor and both have said that they will give us more money than we will want/need to take (HSBC by about £20/30k and MA by about £75k!). Neither time did we go through the formal AIP process, they…
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mortgage advice
Hi, I am new to the site and have a question which may have been asked before....? Thanks in advance for any help...
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Mortgage Porting Questions
Hi there, So I have 5 years left on a fixed mortgage and just had some questions. If I wanted to move within this 5 years can I port the mortgage to the new property without paying the ERC? If porting the mortgage is possible can I increase the mortgage amount? If porting is not possible I assume the only way to move…
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How to calculate which retention deal is better?
I want to compare some different retention deals that HSBC are offering at the minute, is there a calculator online that figures out which deal (at the end of the fix) has paid off the most of my actual debt for the least amount of expenditure? The only ones I can find online are ones that will tell you how much it will…
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Interest-only Mortgage extended for 1 Year
Hello, Like a lot of people I think this couple of years, my 25 year Interest-only mortgage was recently due for completion. The amount left on the mortgage is roughly £40,000. Unfortunately, I do not have a sufficient enough repayment vehicle to repay the £40k capital. My bank has extended my mortgage for 1 year and in…
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Home improvement borrowing
Morning, Looking for some advice. Remortgage due in March (with Santander). I have a house that's worth circa £625k by then. There is 100k equity in the house. An extension that will cost £125k will make the house worth £825 ishk (im a Surveyor so have a good idea on local values, based on a neighbours identical works) Im…
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Commuter Mortgage!!??
My work has been relocated and I am thinking about buying a small property nearby to save on commuting. I would be living in this property for at least 3 whole weeks out of 5 (I do shift work) My current mortgage company advises I require a Commuter Mortgage (I have never heard of this) and they apparently don't do them. I…
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Remortgage advice - 2 or 5 year fix??
Hi All, Looking for some quick advice if anyone can offer as I am in a bit of a quandry regarding our remortgage. Our current mortgage deal ends on 1st Sept (I know I'm really late in dealing with this and really need to prioritise it htis week!). Details as follows; House value- c£300k O/S debt - £155k (Virgin Money)…
