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FTB with adverse credit. Too good to be true?!
Hello all, I’m looking for some advice from those more experienced in this area. My partner and I had pretty much resigned ourselves to never having a proper home for our family. We have approx £13000 left to pay in a DMP (started in April 2012). I personally have had no CCJs and my most recent default was just over five…
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How Long Should I Wait?
Hello everybody! Hope you're having a lovely Sunday evening. After months of emails and attempted contact, my ex partner has finally sorted out the mortgage and property we own together. This should be complete by the end of February. I do plan on purchasing a new property, as private renting is very expensive in my area.…
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Capital Gains and Mortgage
Hi I'm wondering if capital gains counts towards income when applying for a mortgage. On my SA302 it has my total income from my work but the figure doesn't include what I earnt from capital gains.
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AIP to Offer downfall due to adverse credit score
So I’ve just reviewed my credit report (Equifax) Full application to Natwest went in December. Due to me being off sick in December and the fact I work a Work Life Balance rota (reduced my hours to part time till my daughter is of school age) they requested an employment and financial reference. I work for the government…
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Rating ending with Halifax want to increase for HI
Hi all. So our property is now worth 405,000 Mortgage will be 289,000. Fixed rate ending with Halifax in June, I was honking of capital raising to do home improvements. No issues with income but i wanted to see if I stayed with Halifax could they do the whole mortgage on the new rate if we did it at the same time. Or would…
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Two incomes but one is self-employed?
Hi, My husband has recently become a contractor, initially on a 6 month contract for £500 a day but with a definite possibility of extension. I earn approx £40k a year. Would we be able to get a mortgage circa £500k (with a £100k deposit)? Or do we need to wait 2 years for my husband to get audited accounts? Any advice…
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Using rent For mortgage after break up
Hi Hoping to get some advice as not sure going to my mortgage provider (Halifax) is the best thing to do yet. So my partner and I took a mortgage out 18 months ago of ~£350k (85% LTV) for property in London. Unfortunately we have recently split up. I plan to buy her out of her share but I am worried about what to tell the…
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Property Deeds
Could you please tell me how to add my girlfriend onto my property deeds without the use of a solicitor? I understand I can contact Land Registry directly but selecting the form and the fee payable is very confusing! When the process is complete do I get confirmation directly from the Land Registry to pass on to my…
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Buy to let mortgage
I am trying to get a buy to let mortgage and it is a little tricky. I have an excellent unblemished credit score/check My current mortgage is half of the house value I have 25% deposit for the new mortgage I have no debt/credit other than my current mortgage The problem I am encountering is the affordability check. I am…
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Semi-Commercial or Residential Mortgage
Hi I'm looking at buying a freehold flat with a shop below but am not sure about what kind of mortgage I'd need to purchase. The shop is rented out and I'd be looking to keep the current business in there for the time being, while I live in the flat above. The plan is to start my own business in there at some point in the…
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Equity Release
Hi all, New to these forums so bear with... My dad has no mortgage on his property due to my mum passing away when we were little. He is now approaching retirement and his pension will be very small. An idea for him to supplement his income in retirement is to renovate his current property and rent it out which can help…
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90% LTV London
Does anyone know a of any mortgage products which would service the following requirements in London. 90% LTV 4.5 x Joint Salary Mortgage Amount: 550,000 Property Type: Flat Does this require a bespoke underwriter? Are there any high street lenders who can help? Thanks
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I came off Annual Review and overpaid - monthly mortgage payment nearly halved
In 1996 I took out my mortgage - unfortunately it was on annual review which I didn't know with Nationwide - I wondered why my balances were going up and down - hadn't a clue what was going on - when I challenged Nationwide in 2004 they sent me a copy of my Mortgage Application with the unticked box to opt out of the…
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Natwest mortgage rates
Just looking at the various mortgage rates that Natwest offer is there any reason why you couldn't pick certain ones? for example there is a 5 year fixed rate cash back one at 2.08%, surely everyone will pick this? I am using HTB with 5% deposit
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Broker Advice
Are brokers able to locate a lender that is willing to accept a flying freehold with a indemnity insurance policy. or is this my job to do the research first? Do any brokers have any recommendations on where they would place mortgage ?
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To remortgage for buy to let deposit or whole amount
Hi all After some advice from you knowledgable good people . I’m 39 years old and due to the rising market and good luck with previous houses i have a bit of equity and want to do somthing with it rather then just wait until I’m retired and sell my house to enjoy the money. My house is worth circa 500k with a remaining…
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Mortgage - Full Time + Self Employed Sole Trader
I work full time and earn 47k a year - I also work freelance as an artist although this work has dried up much more as I work full time on a PAYE contract. I still undertake Self Assessment - as I have monthly outgoings with an artist studio of £50 a month and some material costs - plus the occasional piece of work I make…
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Loans/CC and Mortgage Help
I earn 47k a year and my partner earns 22k a year. We recently sold our house and have £220k in the bank. My debts are: £4850 on one Loan £6300 on another Loan £900 on one card £7700 on another card (money was taken out to improve the house, pay for family matters overseas with a relatives bereavement/funeral costs) So…
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Mortgage Advise
Me and my partner as due to see a Mortgage advisor in the next couple of days to discuss applying for a mortgage. I haven't had the best financial history in the past, and had some significant debts but I am now on the straight and narrow. I was in a DMP for a number of years but this has been settled and there is no…
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paying off the mortgage early
hi there, i have a BMR mortgage with Nationwide @2.50% that as 11YRS 1MTH left on it but i like to get that down to 5 years or less, i am paying £458.68 per mouth and i can afford to pay about £400 pound a mouth more so my question is ,is it better to pay the extra £400 on top of my mortgage or save the money up and pay a…
