-
Eviction looming
been given a reposession date after mounting arrears and not keeping to the suspended possession order given about 5 years ago. I haven't worked since 2011 but am starting work next month so offered halifaxicon £90 extra a month. Was told by Halifax a month ago that we could make a payment arrangement but first they needed…
-
Bank statements
Hi, can someone help with my following query on bank statements? Basically I transfer money between my current and savings account a couple of times a month. This is just to cover unforeseen things I need money for or put some money in my savings at end of month.. So when the lender sees these transfers in and out of my…
-
Deposit Proof - Help!
Hi there. We are just looking for some advice on our current situation. We are currently in the process of purchasing a Shared Ownership property. We have been approved by the HA, our Mortgage Application has gone into Halifax and Solicitors have been instructed. :) The Solicitors are asking for proof of the Savings for…
-
HSBC Remortgage Land Registry Restriction
Hi I am going through a remortgage with HSBC and have noticed a restriction on the mortgage deed which will be added to my title deeds at the land registry. ‘No disposition of the registered estate by the proprietor of the registered estate is to be registered without a written consent signed by the proprietor for the time…
-
Credit Card Spend for Work Trips
Hi everyone! I am currently in the conveyancing process (god it feels like forever) and have been accepted for a mortgage. The actual application was really quick and only took 2 weeks from application to offer. However, the conveyancing seems to be a taking forever due to the vendors solicitors (don't get me started…
-
DIP Nationwide
Just after some advice - currently have mortgage with Nationwide and have done for 9 years - never missed a payment, excellent credit history - nothing outstanding. Looking to buy new house, so checked affordability on line - came back as £201300. Did a DIP for £175k and was accepted. Unfortunately, the offer on the house…
-
Do I need to get a buy-to-let mortgage?
Hi All, I live in a "share of freehold" flat with a mortgage in my sisters name. The original mortgage agreement was with both of us. We remortgaged some years ago as it was cheaper for her to be the sole person on the mortgage (I was a student at the time). She subsequently moved out and I have remained at the property…
-
What mortgage lenders allow you to use an unsecured loan for a deposit?
Hello, Does anyone know if there's an easy way to find out what mortgage lenders allow a deposit from an unsecured loan? I know that some do, I just don't know which ones, and it doesn't seem to be a filter option on comparison websites. Thanks
-
Barclays / Woolwich Mortgage Reserve Mess
Hello fellow MSE fans I need some help before I drag my sorry self cap in hand to Barclays next week. I have a Barclays / Woolwich Mortgage which we took out in 2007 at the height of the housing boom. The cost was £156,599.00 this was split in to a primary mortgage £98,558.00 on a variable and an additional account…
-
Remortgage- time scales
We are currently remortgaging. We have received our full offer. How quickly can it go through? Does anyone have any experience or advice about how to push it through? We're funding an extension so need the money asap Thanks!
-
Am I committing Fraud or will it work?
Hello I recently signed up to a well known credit score website. i filled in all of my address details correctly using there postcode and number and clicking my address. The thing is that there are two flats at my address and they only had one option the main address. I added that to continue got my credit report and i…
-
am I able to remortgage or not?
privacy reasons
-
Taking out credit after mortgage offer but before completion
Hi, I'm after some advice, I have had my mortgage offer and am just awaiting completion. The problem I have is my PCP is coming to an end on my car very shortly and this means I will have to take our more credit to either buy the car or get a new one. Will this have an effect on the mortgage company paying out? Thanks in…
-
cash withdrawal on credit cards - Halifax clarity - mortgage application
Hello, I know cash withdrawals on CCs aren't a great idea, generally speaking - but I use Halifax Clarity (no exchange rate fees, no cash withdrawal fees) when travelling abroad, and I pay it off in full when I return. Exchange rate fee: Europe: 0% | Worldwide: 0% Cash withdrawal fee: None | Interest on cash withdrawals?…
-
Calculating the best deal
Hi All, Sorry my maths is not the best so I am hoping for someone to perhaps advise... I am looking to release some equity from my property (increase the mortgage) in order to purchase a second home closer to work. I am currently on a Lloyds Mortgage as below Outstanding Mortgage: £126,779.69 (fixed at 3.39% until Oct 18)…
-
Choosing between two mortgages
Hi, I have a choice between two mortgages and I was hoping that someone could please tell me which is the cheaper option. Both are repayment mortgages for around £250k, fixed for around 5 years and I will re-mortgage after the end of the fixed period so the SVR to which they will revert is not relevant to my choice. The…
-
Paying off to minimum amount
We have a flexible mortgage with Santander. The period runs for another 8 years but we have been overpaying by 150% for the past few years which has reduced the term to be repayed in June 2020. We have just got a lump sum which would enable us to pay off the mortgage completely which has a £300 redemption charge. We could…
-
Interest Rate Rise
I feel a bit stupid asking this, but I am one of these homeowners that have never experienced an interest rate rise. I have approx 10 months left on my fixed term mortgage at 5.09% £740 a month. if interest rates go up 0.25 or 0.5% by the time I come to shop around (or be put on a variable rate mortgage by the bank) as…
-
Remortgaging - when/if to adjust LTV
Hi all, hoping for some advice. I have my fixed term coming to an end in Feb '18. I'm aware my LTV could be just under the 15:85 ratio, so was wondering what's the best way to get it up to that level. If I used my current expected house value LTV could be ~86%. I'm hoping to have some money in Feb to add to this to bring…
-
Are we first time buyers?
Hi We are about to start the house search for our own home, my partner owned a house with his ex wife that was sold year. We were living there up to the sale, long complicated story of tenants moving out when it went on the market and us being told by the ex that they couldn't afford to pay the mortgage and we would have…
