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Effect of Over Payments
I'm looking to re-mortgage. Currently I have an interest only mortgage, so will change to repayment, but want to keep my options open regarding the monthly payment amounts. So, I'm looking to take a repayment mortgage over 15 years, but plan to over pay so I pay off in 10 years. This gives me the flexibility to reduce the…
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Barclays Mortgage application with Audit team
HI All, I have Just applied new application for remortgage of my residential property i have already declied by Nationwide and Halifax back in June 17 the reason was my partner 's New job so now i applied again on 5th dec still waiting for decesion when my broker contact with barclay and they saying case with audit team…
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Balance Transfer affect Mortgage Application
Hi I am in the process of applying for a mortgage, however I have received an email from Barclaycard regarding a 0% offer on a credit card I already have. If moved some existing debt from another card on to this would it affect the mortgage application in anyway. Thanks
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Tesco mortgage - 1 & 1/2 years left on deal want to borrow more
I have 1 and 1/2 years left on my current Tesco mortgage deal currently at 2.09%, I'm looking to get an extension rather than moving house and I have enough equity to borrow £50K. I was just wondering if anyone had dealings with them before around borrowing more or leaving a deal early to re-mortgage the whole amount? Any…
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When is revaluation needed for remortgage?
We just completed on our new (to us) home in December. It was valued for mortgage purposes in September. Part of our FD mortgage was ported from our old house, and I can look to book in a new rate in February. Does anyone know what First Direct rules are regarding valuation - will we need another valuation again in…
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Intrest Only at 0.5% lifetime tracker - would bank reduce settlement if i paid early?
Hi everybody Back in 2008 we completed on our 1st flat with an interest only mortgage tracking at 0.5% lifetime with C&G. We have been trying to sell the property and we finally have an offer however the offer is below our mortgage settlement figure. Question: Would C&G (now TSB?) be willing to negotiate on the mortgage…
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Advanced Credit Score Management Prior to Remortgage
I am due to remortgage in about April so am sorting out my credit record now. It is generally clean but I am a little heavy on recent applications (telecoms, mobile and utility switches and credit card applications) and available (credit card limits) credit. I tend to take advantage of Amex intro offers. Where I am…
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Completed today - now told oww more money
I need some help (and to rant). We have completed on our house this morning and was picking the keys up this afternoon. However, the developers solicitors have contacted ours to say they made an error and we owe £2000 more. They made a mistake on forms. What do I do?
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Swap names on mortgage
Hi guys this one is a big stickler in my house at the mo causing serious headaches so hope anyone can help before I have to splash cash on legal advice.... My partner and her son are both down on her mortgage due to she couldn't get one on her own as self employed so he went on, I at the time couldn't as I had been…
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5 year or 10 year fix
Hi, Its remortgage time for us and we are unsure what to do in regards of what mortgage we are going for, We want to stay with our current provider(Coventry) as we are accidental landlords with my first flat which has permission to let from nationwide and until recently we had a tenant in it, The Coventry were the only…
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Shared ownership mortgage
A friend is in a mess with her shared ownership mortgage (has paid interest only for 10 years, house has gone down in value, and property company now want their 25% back!) Before we get into details, an initial question we can’t seem to get a clear answer on: will they be entitled to 25% of the initial value, or the…
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First time remortgage
I'm looking for a little advise regarding remortgaging. Existing deal is up later this year, which was taken out as a FTB so no previous remortgage process experience. Current lender at the moment has some competitive rates - I assume I can just approach them direct and see what they could offer for a new deal? How soon…
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Totally confused about how this would work!
OK so, I have currently got a job paying 28000, no out goings other than student loan at 50 a month and in theory can get 130000 mortgage. Due to an inheritance I have got 60000 deposit. My parents are gifting me 20000, this doesn't need to be payed back (officially) or mentioned or anything, meaning I have essentially got…
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Right to Buy mortgage with adverse credit (almost 6 years ago) Voluntary Repossession
Hello Can anyone recommend a Right to Buy mortgage provider or broker please for people with adverse credit We handed back the keys to our lovely small home in 2012 to the lender as were unable to sell due to ASB and had been moved into social housing. We have settled the mortgage shortfall debt recently and the reporting…
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overpay before sale due to penalties?
Hi there I'm new her so apologies if this is too specific and it is quite a read but I'm trying to crunch numbers and coming up short; any input would be appreciated! Basically I bought a flat for 120K in 2014, Its now worth something in the region of 160K +/- 5-10k 18k deposit, fairly poor rate 25 year mortgage initially…
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Overpay or Shorter Mortgage Term
Hi All, I will be remortgaging in the latter part of this year so I am being very premature. I've over paid my mortgage mostly as in an ideal world I want to be mortgage free at 45 as long as i don't move house. I'm 31 now. I wanted some advice to what would be better financially, keeping the term of my mortgage so will be…
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Cardiff12
Please can someone help me here. I posted a question to MSE about my mortgage; I wanted to know if (a) my mortgage was from a 3rd Party (b) whether there are any hidden charges and (c) if so I need refund and compensation. The post was sent to the lender. They responded within 2 or 3 days requesting me to contact them…
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New credit after mortgage offer
Hi all, I've recently applied for and been issued a new charge card from AMEX, after receiving a mortgage offer from Natwest. The card was applied for December 18th and we will be completing on the house late January? I now have 3 credit cards with the total spent across all 3 being £610. Should i be worried about natwest…
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How reliable are aip/dip's
Hi Been looking for advice regarding how reliable aip/dip's are with NatWest and Halifax, we will be looking to buy and roughly will need a £55000 mortgage problem is Halifax said they could only lend us £12000 where as NatWest said they could lend us anywhere upto £107000 seems like a bit of big difference between them…
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Aldermore DIP
Hi New to this forum and having read a few posts about aldermore I want to try get some more reassurance. We have chosen to go with aldermore 95% mortgage directly based on high credit card debt due to medical emergency whilst working abroad a few years ago and both having changed jobs recently, combined we earn over 95k,…
