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Unemployed on mortgage?
Bit of a weird one, my son and his partner want to buy a house. She is unemployed but due to a windfall can supply a 50% ish deposit. he is struggling to find anyone to give them a mortgage with her name on it as she can't contribute to the monthly payments. I haven't had much faith in IMA myself so loathe to suggest they…
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Does anyone have a way to contact senior managers in Barclays mortgage completion?
So per a previous thread, it's now urgent our solicitor gets a letter from Barclays stating simply that 'Supplementary Condition 1' has been met. Without it, we can't exchange today. We've all tried so hard, including our broker, but somehow it just doesn't come through, even though they've confirmed it on the phone. So…
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Bank survey off plan
Any Buyers of new builds?? Just crossed my mind. When the lender sends out a serveyor how do they survey a house that is not yet build (off plan) completion due 21st March? And also what are the chances that the surveyor will value the house less than what its for sale for? Thus not getting the offer we are hoping for? I…
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New Mortgage with debt question
Just wondering if anyone can advise on the scenario below. We currently own a house valued by two agents at £210,000. We would like to sell and would hope to achieve £200k. We have seen another house which is in a bad state of repair but has great potential. We may be able to purchase for around£130k. On paper at the…
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Nationwide doing a hard search....
We have an agreement in principle with nationwide for our mortgage. We have had an offer accepted on a house and so it's all systems go with the mortgage application!!! Nationwide have carried out a hard search on my file only (I'm higher earner) and its only visible on clearscore currently. Is it normal for them to hard…
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NatWest Allocation of Overpayments
Hi there, I have a problem with Natwest which I could do with some thoughts on. I've had my mortgage with Natwest for a number of years and have decided I want to pay it off quicker by making monthly overpayments. I'm on a 2 year tracker, which I refixed a year ago, so 1 year to go and have an allowance of 10% for…
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Santander Valuation
Santander have arranged a valuation for next week. Does that mean they are looking to offer a mortgage? Thanks
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Broker Fee for declined mortgage application
Hi, I need your assistance:- I used a mortgage broker to apply a mortgage . Unfortunately, the lender declined my application due to defaults, which occurred nearly five years ago. The broker is not refunding the fee as he is blaming me for the inaccurate disclosure. However, the application was made on the premise that…
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Getting poor credit up
Does anyone know if I get a car on fiance will it help my credit to get a mortgage
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Extend our mortgage, do I need to tell them we have retired.
We have 3 years left of our mortgage, we retired recently. The fixed rate ends 2 years next September. My question is do we have to inform the company that we have retired, our pension does not quite cover the mortgage so taking from a sum we have put aside to pay this. This sum is equivalent to what we owe. Don't want to…
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What counts as income for mortgage application???
Hi All, My partner and I recently found out we can’t get a mortgage for around another 12 months due to some issues with my credit history / use of short term loans which I need to correct going forward. I am completely up to date with them now but because I have used in the past we won’t be touched. We have a really good…
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Will I affect husband's application
I've recently entered into a debt payment plan with step change. My husband wants to get a mortgage in his name. Will my debt show on his credit history? Will I affect his chances of being accepted?
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Mortgage completion
Hi, I am due to pay off my mortgage in the next couple of months. I have already found out if I pay off in full then I pay an extra 50 pounds which I don't intend to do. In addition the final amount left in the mortgage has a line underneath it on the website saying "This amount is not a final settlement figure". Can…
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Seafarers
I'm a seafarer and I'm looking to buy my first house within the next 8 months. I'm a UK resident but I don't pay tax as I get it all back due to working away a lot. Will this make it harder getting a mortgage as I don't pay tax?
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Endowment? Good money after bad?
A family member has the following policy which I think may be a type of endowment. Can anybody confirm? Payments are due for another 10 years or so but I think surrender may be a better idea. She was sold the following as an alternative to a pension which she could not have under rules at that time. Scot widow (was Lloyds…
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BTL remortgage query
Hi there, any good mortgage brokers here to assist with a btl remortage? some details below: Value £130k looking to borrow - £105k - may be able to raise money for a better rate rental income £650 Property in Scotland my 4th btl. Thank you
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Broker & Packager complaint
history, i am a 1st time buyer, self employed with only 1 good year of accounts. we have defaults that are now expiring. we found a house after having a few conversations with various brokers to find our chances of getting a mortgage. we didnt really think we had a chance but a few of them said we could still get one even…
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Best & worst types of unsecured debt for mortgage renegotiations?
Hi there, Originally posted on Debt free wannabe forum, and heard you guys might have some advice on my question. This is the situation - my partner and I have about 5,250 in unsecured debts in overdrafts and CCs. I was going to apply for the Virgin cash transfer credit card offer, 0%APR for 36 months. I've done a credit…
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Help! Advice needed
I have reserved a house with keepmoat homes (newbuild) which is 175k. I am a self employed first time buyer applying myself. I will be living with my boyfriend but he has bad credit. I have paid the reservation fees and received an agreement in principle. I am using the Scottish help to buy scheme so 15% would be paid by…
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AR Markers
Hi, We are in a bit of a pickle and just wondered if anyone could give me any advice. We have two AR markers over 12 months old (but under 2 years) on our reports. One is a utility company and one is a non-used bank account. We have been told that no mainstream lender would lend with these on. We would also need 100% of…
