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Moving home.. clear credit cards?
Afternoon all... Just after some advice. My wife and I are looking to sell our home and buy a bigger house in a nicer area, so obviously some extra lending will be required. Unfortunately, my wife and I have acrewed a number of debts over credit cards over the years, and while we can manage those debts, it's makes extra…
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Mortgage with non-standard job
I'm looking in to my chances of getting a mortgage. My annual salary between two jobs is £24,000 and I was given a DIP with Halifax. However, one of my 'jobs' is as a local councillor for which I receive a 13,400 salary. I put this down as 'permanent' on the application but am now thinking whether that does actually cover…
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Credit Issues
Hi, Sorry if this has been covered before, but I was just wanting some advice on mortgages. Basically myself and my partner are wanting to buy in th next few years, but I have very poor credit and in an IVA currently which will be paid up in a couple of years. However I have a decent deposit (10k) and a good salary (34k)…
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First time buyer: unusual situation
Hello, I am a potential first time buyer with an unusual situation. I was hoping for some advice on my situation. I am 30 years old, in a professional job, working in central London, on £55k p/a. My longer-term plan, however, is to move back to my hometown, rather than buy a property in London. I am currently living in…
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Mortgage chance with poor credit history
Hi all, Hoping to apply for a mortgage with my partner in the near future. He has no issues on his credit file, but mine is less than perfect so I am trying to tidy it up as much as I possibly can to increase the likelihood of us being accepted. We should have £20k saved up by next summer. We have a combined income of £65k…
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Student wanting to get a mortgage
Im a second year student who gets the maximum loan and grant of 10000. I also work part time earning minimum of 7000 a year. Ive found a property which I would like to buy which is 70000, I have savings of 8000. Will mortgage lenders look at my student loan income and my part time work or is it just the part time income.
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Remortgage question about term
Next June my 5 yr fix is due to end. I originally took it out for 25 years. I will probably move to a new provider then. I've been looking at new deals ahead of time & see that my payments would be lower if I took a new deal on a 25 yr term again instead of a 20 yr term. I know this is cos the term is longer but I…
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Mortgage broker needed
Hi, my first time posting. I am looking to buy a house with my partner as we pay over the odds in rent :mad: My credit isn't that great, I've had two defaults which is paid in full and will drop off my credit file in Nov 2020. My partners credit file is better. No defaults or missed payments. We don't earn a great amount.…
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Are our mortgage hopes hopeless with CCJ not satisfied?
A bit of history, both myself and my husband were discharged from bankruptcy just over 3 years ago. File cleanup is complete and all accurate so our Credit files show a great picture of late. We have a 15% deposit and good salaries. The problem is I have a CCJ that was included on my bankruptcy so I have no liability to…
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Remortgage with incorrect charge
Our buyers are remortgaginf to release funds to buy our property (and getting a mortgage on our property) Both mortgages approved early Sept and now have issues (know mortgage 2 isnwith halifax) Mortgage 1 - mortgage Solicitor (slowest I've ever dealt with) has found last week property has charge on it with housing…
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Nationwide BMR mortgage - time to jump ship?
Hi. Sorry for starting yet another thread on this well worn question, but I'm looking for some advice on my circumstances. Currently have £220k outstanding against a £475k property (LTV 46%) with just over 22 years left to run. Two mortgages, both with Nationwide, one is fixed at 2.59% until early 2019 while the other…
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Mortgage approved then declined
Looking for some advice as considering a complaint High street bank (current lender) requested I attend with all statements proof of income etc. Provided all info of dependants affordability etc. Mortgage advisor said she'd rather ask the underwriter to approve the case first before we pay for valuation. We needed two…
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Buying a 2nd property
Hi all, I have just got a new job in London. We currently own outright a 2 bedroom house in Manchester. (Approx value £210k) I now work in London mon - fri. We have seen a flat for 100k in Cambridgeshire which would be ideal for me to commute to my place of work. We would like to borrow 125k, to pay for the new flat and…
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Do First Direct/HSBC allow you to rent your house out?
If you go travelling or away for work for two years max
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Finally Mortgage FREE ☺
I made my final mortgage payment and it could not have come at a better time. Now I need to remove my old partner from Land Registry and property ownership. I paid him for his part when we split, I got him to sign something and we got our withness to also sign. Does anyone know how I go about proceeding and will I need a…
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FTB advice on debt
Dear All, Iam planning for a new mortgage, have not found a property, but looking to buy somewhere in W. Midlands. My situation: Salary :34k Cc1: 3200/4000 Cc2: 1800/3000 Cc3: 500/3500 All the above credit cards are balance transfer cards Loan of 2500: 88pm until Nov 19 Partner: looking after 2 kids 5 and 2. No child care…
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Santander mortgage offer - anything else to do?
Hi there, I got a mortgage offer from Santander this week (very relieved!) I go it from a broker. For those who have dealt with Santander is there anything to do? The solicitor has been sent a copy but is there a way to formally accept the offer or is that it? Do I need to sign Anything or is that it for Santander? I note…
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Proof of Deposit
Hi All To boost our deposit, we're considering selling some things we no longer need, i.e. PS4, old phone that kind of thing, probably via Facebook Obviously we'd get cash for these items, would depositing this cash to put towards our deposit raise questions? We'd get more money selling them on Facebook than via eBay / CEX…
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Credit Reference Agencies
Hi, does anyone know (Brokers I guess) which CRA’s different mortgage providers use? I’ve heard that some use only one whereas others use a combination of the main 3. I have noticed that my Experian credit report looks more favourable than my Call Credit (Noddle) one. Thanks in advance.
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Gap between sale and purchase - update?
Dear all, I've had to have a gap between my sale and purchase and am moving back to one of my previous addresses temporarily. My lender has agreed to continue processing my mortgage offer as it was already issued and has agreed that I don't need to change anything. Do I need to change my address on my bank accounts and…
