-
Halifax AIP Question
Hi, My boyfriend and I have just applied for an AIP with Halifax - and they have told us "Following your recent online enquiry, based on the information you have given, we can offer you an Agreement in Principle for a maximum of £310080, with a minimum deposit of 25%, over a maximum term of 36 years." I've looked through…
-
Mortgage with dependants
Hi I need to remortgage later this year and this will include hopefully borrowing more money. I live with my partner (soon to be fianc!) and our 9 month old baby. The house is soley in my name and the application would be based on me alone but I was just wondering if anyone could reassure me(or not) that I would be able to…
-
Is a Verbal Apology Enough
Hi All, I posted this within the bank section but as it's mortgage related it maybe more appropriate here. I had a data protection breach last year with a bank but this is a little more complex and I was hoping for some help. I setup and new mortgage with my bank in 2016 and I asked the mortgage advisor if all…
-
Stressing about a mortgage before we even have one... one of us with poor credit
Hi all, New to this site but have been reading previous threads. Just reserved a plot off plan on a site we really love and have been in touch with a mortgage broker. We’ve now been passed to the credit repair team as my credit score (Experian) is 580 and I have 2 settled defaults (one from September 2012 and one from…
-
Is this a good deal
Hello, My current mortgage deal with the Halifax is coming to an end at the end of this month, in the first instance I went to a broker to see what he could get me, at the moment the deal with the Halifax is 2.1% which has been over two years and the payments are £836 pm, I make over payments of an extra £80pm, the…
-
NATWEST - Interest to Anticipated Redemption Date ?
Guys, Can anyone explain Natwest's Interest to Anticipated Redemption Date ? They've added a charge of £852.67 which they say equates as follows from 16th November to 11th Jan daily interest @ 2.02% Fixed - £12.10 x 46 Days daily interest @ 4.49% SVR - £26.90 x 11 Days however, I've already paid my monthly mortgage…
-
Clearing Debt Before Mortgage Application
Hello, I'm in a position where I have a decent deposit (40%) to buy a house with my wife this year. I'm looking to clear the majority of our debts before we submit an application. (Paying them off early) Is this wise? It'll free up around £440 per month and after clearing my CC the balance will be £0. We are leaving a car…
-
End of fixed rate - only 15000 owing but no 12 month deals
My fixed rate mortgage ends in July 2018 and I will have around £15000 left. However at the end if the fixed rate I revert back to the standard rate of over 4% with no 12 month only deals available. Is there a better way to clear the remaining £15000 in 12 months avoiding the 4%
-
Land Registry help
Hi guys Its 4.30am here and cant sleep... We are so close to exchange its unreal. But a hiccup appeared yesterday we were not expecting... Apparently there is a restriction on the property with a finance company.... Now our soictor said that she requested confirmation from the sellers solictor on 21st November that on…
-
BTL indexed valuation
I'm currently at 45% LTV with a BLT, I was thinking of remortgaging to 75% and using the extra funds to buy another BTL, again at 75% LTV, both I/O. To reduce the risk of a price drop or change in salary I thought I'd be able to product switch, I know they don't do another credit assessment but they do a index linked…
-
Are these costs from London & Country realistic or more/less than usual?
I've just received a DIP from London & Country and they also included a conveyancing quotation with this information. I'm just wondering if these look like reasonable costs as I don't want to go with them if I'm going to end up paying over the odds. Also, what costs might I incur in addition to the things listed here…
-
Is there any property syndicates. I dont have enough deposit for a buy to let propert
I dont have enough deposit for a buy to let property. Is there any reputable companies that have property syndicates? Or is this not something they do?
-
Mortgage with defaults and DIP ??
Hi I'm currently trying to apply for a mortgage with my partner and the whole ordeal has me beyond stressed. I have a default registered Jan 2013 which was for an overdraft of 3.3k with halifax sold the following year to 1st credit, i have made no payments to 1st credit so the default remains unsatisfied (currently in the…
-
Help - mortgage offer expiring before completion
Hi , I am new to this forum and have a query regarding what to do when the mortgage offer is due to expire and the lender is refusing to extend. Long story short,I am buying a Shared Ownership property that was due to be completed in October, - the date kept getting delayed and now at the point where the housing agency…
-
Fee waiver if take life cover out-is this the right thing
Hello I have just been to a mortgage broker who is independent. Rather than pay a fee for the advice, circa £599 , they have offered to forego the fee, providing i take life cover out with them- which is fine as i need it to cover the mortgage The only thing is that if i stopped the premiums any time in the next 4 years i…
-
Could you afford your mortgage under a Corbyn government?
I'm currently midway through a 5 year fixed rate mortgage and with the possibility of Corbyn rising to power I'm thinking about what could happen. If we disregard Blair and Brown (generally regarded as centrist, with Thatcher describing Blair as her "greatest achievement"), the most recent Labour government was James…
-
decision in principle vs mortgage offer
Hi, FTB here. My broker has said he will charge be £500 on "receipt of mortgage offer". a) Is this a reasonable charge? b) Is a DIP different to a mortgage offer ? Thanks!
-
going direct to a lender instead of via broker
So I have just found out the broker I am talking to is not truely whole of marrket which sucks as I want to get the best deal possible. I only have 1 payslip of permanent employment so far so dont know which banks will accept this. Is there a list somewhere ? Trigold tells you but I only saw this via the broker, as I dont…
-
Lifetime mortgage for father
Hi All, My father is in his early 70's. He owns his ex-local authority flat outright. He has recently received a hefty £15k bill for communal refurbishments/improvements that have been done to the block/estate where he lives. He is liable for the bill under his leaseholder agreement. He has a very low income, so making…
-
Help with mortgage advice please
We are currently in rental accommodation (hate renting :( ) and our landlord has decided to sell the house. We have 2 months notice. We are in rented because I have only just being made permanent last Sept and my husband is self employed. Our plan was to stay in our rented house and look to buy in a few years as we don't…
