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Paying it off - Will I have any trouble?
I'm getting married next week and my husband will be paying off the mortgage. It's not a huge amount (£40k) and I have spoken to Lloyds Bank about what to do. The thing is, my partner is a bit of a technophobe and so doesn't have internet banking set up. My original idea was for him to go into our local Lloyds Bank with a…
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House on market - mortgage 'promise' expiring
hi all Our house has been on the market now for just over a week. We got a 'Mortgage Promise' from our bank (Lloyds) in October and it is due to expire at the end of the month. Should we be applying for another DIP at this point? What are the advantages/disadvantages of doing so? There are a couple of houses that we would…
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First time buyers
Hi, Me and my partner are looking to get a mortgage, I have a permanent contract in my job however my partner has been given a renewed 6 month contract, having worked at the company for 6 months already, lorry driving. Will we be able to get a mortgage with any providers, so far we have tried nationwide but have been…
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Drawing money off mortgage
Hi. Can anyone help please. My husband and I have 3 mortgages 1 repayment for our main home and 2 buy to let interest only for rental properties. Over the last few years our lives has been hit with tradegy after loosing our son suddenly. This has caused us to get into debt with credit cards etc and our credit files are…
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Joint Mortgage with one party post DMP
I'm 18 months post DMP with 'youngest' default 4 years old. My husband has a perfect credit score and history (my debts are from before we met & we have no financial association). We currently rent and want to buy our own home. Will our combined history make it difficult to get a mortgage i.e. will high street lenders…
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Second Home Mortgage with Short Term Holiday Let
Hi, looking at small cottage for the family. After a mortgage which allows short term lets, 2 weeks in a row maximum. My main account is with Natwest and they do not support this. Online I read that Nwide or Santander might. Nwide in branch said no but not sure they guy knew what I was asking. Need to speak to Santander.…
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Kensington Morgage Help Please
My partner and I had an AIP From RBS but due to me moving jobs they couldnt put the application through due to not having 3 months payslips. So a broker advised us to go with kensington and put the application in . I have 2 defaults both settled from 2 years ago and owe no money to any creditors. no missed payments in last…
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Transfer of equity following a divorce - advice please
Hello all, My ex and I have just agreed our financial split. I will give up any claim on his pension and he will give up all equity in the house - this has been agreed using both solicitors and mediation, we are both happy with this arrangement, and my solicitor believes the numbers are tipped slightly in my favour.…
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Nationwide
Hi Looking for some advice Give you a quick timeline Met broker Got DIP with nationwide Offer accepted Asked broker to start application Appointed solicitor (Valuation arranged for next week from lender) Does this mean the mortgage is approved? Thanks brad
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Additional Borrowing?? Advice please!
Hi, I purchased my home in November last year for £260k with 90% LTV. I want to extend later this year (single story on the back and double story on the side) but would like advise on the best funding options. I've been quoted £65k by a builder to complete this. I've done a little research on additional borrowing and am I…
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New build mortgage
Any advice on a mortgage advisor/broker for new build property please? Thanks
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Adverse credit mortgage
Hello I have been given an opportunity to buy the rented house my wife and I currently rent, we have a gifted deposit but both of us have a low credit rating. Mine is due to the amount of debt I currently have and my wifeehas 2 missed payments to a store account in the last 12months, the account is now closed and the last…
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Remortgaging BTL - Adding Partner For Joint Mortgage
Hello, Waiting for a call back from a mortgage advisor later this week to answer this question. Seemed prudent to ask on here in the mean time. As the information i've seen online is conflicted. Current Circumstance, me and my girlfriend live together, Joint mortgage on a residential. I own two homes separately, both in my…
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Newcastle BS - Offer Extension
Hi All, I have a mortgage offer from Newcastle which expires mid-March. I heard from our builders at the weekend that the completion date is now edging closer to the end of March first week of April. Does anyone have any experience extending a mortgage offer with Newcastle or other lending due to new build delays. Just…
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Use an unencumbered property to pay off debts?
Hello All, Just after some info as I'm looking into taking out a mortgage on my property to pay off debt & raise some capital. The house is worth approx £185k & is currently mortgage free. I'd be looking to borrow £75k (max) to pay off £35k debt & to use the rest for home improvements. I'm in my early 40's & earn…
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First time buyer and want to move to the north!
Hi All, Me and my partner currently live and work in Surrey but are looking to move to the north. We are first time buyers, have a 10% deposit and are looking to buy and then get a job afterwards (we will still live and work in Surrey until we find other jobs). Would it be better to see a mortgage adviser in Surrey or in…
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Fortnightly Mortgage Payments
Hi, Can anyone help? How do I work out how much money I would save over the year by paying my mortgage either fortnightly, or weekly, rather than monthly? My mortgage is with the Nationwide, and interest is accrued daily. Mortgage Value: £78000 Interest Rate: 4.68% Term Remaining: 17yrs How much would I save in interest…
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Looking for broker in North West
Hello All, Looking for a broker to help me and my wife, wife squeaky clean, myself some issues 5 years ago and good credit management since (2 Tesco credit cards). Any recommendations please? Thanks Simon
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Remortgage plus paying lump sum
Hi, Thanks for any advice in advance. Wife's mortgage (Nstionwide) is coming to term early March. We want to remortgage but pay 20 or 30k. Thought this would be fine and spoke to Nwide, who said won't be able to do anything until 1st March.. I thought they would at least be able to agree remortgage at today's rate. Could…
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Unaccounted for Mortgage Situation
Hi everyone, I am new to these forums and have been a lurker for a while before deciding to join. Me and my partner are currently in the middle of applying for our first mortgage. We are currently living with parents separately as it was the only way to save quickly enough for our deposit. I have 11% to put down on a…
