-
Extending my home for a Granny annex for ME!
I know there are other threads, and info on the web generally, about mortgages for Granny Annexes but they all seem to be aimed at the younger generation, and I haven't found information covering my own situation. I own my property outright. I want to build an annex for myself so my daughter can move into the main house. I…
-
Realistic discounts?
Looking at buying my first property, a 3 bed terraced house, been listed since Sep 17 at £~160,000, recently reduced to £155,000. It needs a lot of work (complete gutting and starting again with all but plumbing and electrics); what do you think is a realistic discount aim, and what are your top tips before I put an offer…
-
Halifax Mortgage Process
Hello, I am looking for a bit of advice on the Halifax mortgage process. My partner and I have put an offer in on a property and had it accepted. We have gone through the full mortgage process with the Mortgage Advisor at Halifax who said he would do a soft credit search and then said that the "underwriting has all gone…
-
Securing A Mortgage With New Job
Hi, I'm wondering if anyone knows how long you have to be in a new job before mortgage lenders are happy to take your income into consideration. Can it be a brand new job as long as you can show documentation of your salary and that it's a permanent position? Or o you need to have been in the position for a few months?…
-
First time buyer solicitor advice
Hi we have received our mortgage in principle from Halifax and have a few viewings lined up for this week. Regarding solicitors do we find one ourself or when we get an offer accepted do the bank or our broker reccommed one to us? TIA
-
Paying mortgage with credit card?
Hi guys, I need some advice. Does anyone know how you can pay your mortgage off with a credit card? I assume bank don't allow mortgage payments using a credit card but I saw a video on 'The YouTube' where a lady explained how you could pay off your mortgage in half the time using the credit card. You pay double the…
-
Can someone help me with where we are at?
Hi again guys! If any of you read my other post you’ll know everything. If not here’s a quick update. -Buying a property that’s worth £175000 (new build) -Putting £26,250 down as deposit (15%) - my credit is not great with 1 default from 3 years ago and a few missed payments all over a year ago. My partners is excellent.…
-
Got a new job will it affect my mortgage application
I have been in my new job for 2 months now (permanent and full time) and me and my husband are buying a new house. He has been in his job for over 5 years and earns twice as much as I do, despite me earning a good wage anyway. We need to go sign up for our mortgage and they have asked for 3 months payslips and I only have…
-
Help with SDLT
Hi All I am in the process of remortgaging. The new mortgage will be in my name only as my husband is self-employed and does not have two years worth of accounts. We have been told that the property needs to be transferred to me as my husband not be on the new mortgage. We will have to pay SDLT? The property was bought for…
-
Difference between Soft and Hard credit check
So my Equifax is showing an enquiry made by Natwest. I’ve already been agreed an AIP but my question is. Have they done a hard or soft check on my file? I’m worried if it’s just a soft check will I be declined later for late payments on my accounts last year. I have quiet a few late payments on the 10 years Equifax is…
-
TSB - Mortgage Promise and Panel of Valuers
Hi Does anyone have experience of how reliable the soft search Mortgage Promise is from TSB, and know which firms may be on their 'Panel of Valuers' (I'm in Scotland so if the surveyors behind the Home Report are it would save the valuation fee)? Thanks in advance.
-
Building up creator history - how long
I’m an expat and built up a deposit Overseas. I have no credit, ideas of how to change this? I could perhaps have a 40% deposit on a small studio.
-
Advice please
Hello I have inherited a property worth 430K with no mortgage. I need to get a mortgage out on it for 100K I have a poor credit score due just to being in debt. Around 12K. And a couple of defaults over 5 years ago. And a couple of missed payments 2 years ago. I have an income of 33K a year. Am i likely to get a mortgage?…
-
Can a house be a tax free gift?
OK so basically my dad and I are trying to buy the other half of his shared ownership property. It's not looking like he can get a mortgage due to his age. We can't divide the ownership of the property so he's thinking of signing it over to me so I can get a mortgage for the half that the housing society currently owns and…
-
Looking for sub-prime mortgage expert please
Hi We have equity and good earnings, but poor credit ratings. We are looking for a mortgage adviser please, that has experience in dealing with these things. Thank you
-
cancel credit cards now or later
I have a DIP but been meaning to cancel my Barclays credit card for a while. i have 2 cards both 0 balance but barclays £5600 limit Natwest £7900 Limit (reducing to 5k ish) i know some lenders get a bit frisky about amount of credit so should i cancel the Barclays now or leave along until after mortgage sorted. :beer:
-
Surplus from mortgage - broker
Good evening all, We’ve recently remortgaged with a new provider and had additional borrowing and the arrange,ent fee added to the mortgage. Our broker advised us that we would receive the difference between the new mortgage amount and our redemption figure, however now it has completed we have only received the additional…
-
Raising Capital against my Home
Good evening, I am looking for some advice regarding borrowing against my home which I own out right for the purpose of clearing debt and to use toward a business start-up. My home is worth between £200,000 to £220,000 and I am looking to borrow in the region of £70,000. I have existing debts of around £28,000 which I am…
-
Some Advice Please
I had a DIP with HSBC, put in a full application on the 5/1. But they have come back wanting more info... I am self employed and provided SA302 for the last 3 tax years (haven't completed this years) they are requesting this years? Is this usual? even though the deadline is close they aren't actually due. Why question it…
-
Beneficiary of a will within 6 months.Would this help application?
Hi, Mortgage coming to the end of its 2 year rate in April. House worth £320,000 Mortgage is £50,000 Total salaries £38,000 a year. But, we have loans and credit is very poor, BUT we are beneficiaries of a will that we will receive in 6/8 months that will clear the mortgage. Can this information help increase our chances…
