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Mortgage with overdraft
Hi I am a first time buyer
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Shared Ownership - can remortgaging help me staircase?!
Hi there, I bought my shared ownership flat 5 years ago and I am now out of my fixed term mortgage with Leeds. I currently have a 25% share on my flat @£72k and have managed to reduce this to around £60k. I want to buy a greater share and get as close to ownership as possible - I’m sick of the increasing rent costs thanks…
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Any success stories with Barclays with defaults?
Full application going in the next few days for Barclays, just waiting on Halifax to send over proof of address for me! We got declined on Halifax AIP but accepted on Barclays for an AIP which has surprised me because I see nothing on here in regards to Barclays and bad credit. I have 2 defaults (1 from September 2012 -…
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SDLT Deed of Trust
I have a bit of an odd situation. I am trying to move my parents over to live near me as they are getting older and need care. The house they live in is owned by me and it is not selling. So i am trying to get a BTL on the new house. Unfortunately I also helped my brother get a mortgage a few years ago and the idea was…
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Help to Buy staircasing or overpaying mortgage
I have been luckily enough to get on to the property ladder with the HTB scheme. After 2 years now we managed to save up some money approx £12k, which can either put towards staircasing or overpayment for the existing mortgage, with a fixed rate of 3.24%. I did seems the house price in my local area has seen a slight…
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Mortgage Broker advice please
Hi Can anyone advise what I need to look for in a Mortgage Broker. Credit file not too bad 2 closed accounts from 2 years ago showing arrangement to pay (dmp) I know I need one but don't know where to start! Also do I pay up front or after they sort a mortgage. Any advice greatly received! Thank you.
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Natwest and paying off Debt
Hello, I wish to move house while also using my equity to pay of debt.. 52000 current mortgage 18000 Loan 8000 Loan it will leave my new purchase with approx 85 percent loan rot value. how are nattiest when consolidating this amount of debt ?
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Deposit off ex-partner
Hope someone can help as I have looked for advice everywhere. My ex-boyfriend and I have spilt and he has offered to give me deposit for new house as I put a lot of my own money into his house. He loves overseas so classed as non-resident. He says that he can’t just give me the money as he will be taxed so he will have to…
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Switching Equity Release Mortgage
My friend took out an Equity Release Mortgage for £45k some years ago. He is paying interest at 6% without paying anything off the lump sum borrowed. Considering how low interest rates are now, I urged him to contact the company to see if he could now get a lower interest rate. Of course the company refused - they have no…
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Is this process really that normal?
Hi guys. So don’t know if you remember some of my posts from a couple of weeks ago regarding getting a mortgage with nationwide. We are still in the process it seems but things are now taking forever? It’s been 5 weeks since we started the application through our broker. On the 11th January we got a text off nationwide…
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Moving house in the middle of fixed rate mortgage???
Hi all, I'm a bit of a novice when it comes to Mortgages so hopefully someone can help me. Currently in a 2 year fixed rate with Halifax until April 2019. My husband has had a promotion at work so we are looking to move to a bigger house / better area. So I am wondering how it works moving house when you are in the middle…
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Remove a name
Hi, I bank with the yorkshire bank, ive gone to them to get 7k to pay out my ex and take her name of the mortgage. I was never told by them that there would be a fee for this and it all sounding dodgy. I asked her when she asked for the money what is it for and she said the 7k (they put this on mortgage as like an…
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Moving Jobs - Impact on Mortgage
Looking for anyone who has experience in changing jobs before/very shortly after getting a new job? I have a very stable job, good pay etc. I am hoping to move to an equally stable job, with better pay. Not to put the jinx on this but I have progressed through multiple rounds of interviews and am very hopeful. However....…
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new employment
Hi new around here but appreciate all the posts that have gone before. We're first time buyers and had our 3rd offer accepted on a property yesterday. So we moved forward with our application with L&C broker (post office/bank of Ireland) - have now discovered that could be a mistake. Today L&C called to say that the post…
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Mortgage advice - 3 years discharged from bankruptcy
Hi, We went bankrupt in 2013 and will be 4 years discharged this summer. We have found a house that we want to move to and are currently trying to make sure out credit file is cleaned up - we have written to the appropriate people and are awaiting for some default dates to be changed. We are hoping to apply for a mortgage…
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Joint mortgage at 18?
Hi, Me and my brother are looking to get a mortgage for a shared ownership 2 bed flat. He is on around 21k and I am on 20k. With the shared ownership schemes there is a minimum home income that you have to meet to be able to purchase through them, and for them to take my salary into account, I need to be on the mortgage.…
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Loan to Lisa
Hi, Is there any mileage in taking out a loan to put into a LISA? Saving for a house is a painfully long process, especially when living and paying rent in London. I was wondering if there are any drawbacks to taking out a large loan to use for a deposit and using it to put into a LISA for a few years. FirstDirect's 3.3%…
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joint application- does it effect my credit score?
Hi I live with my partner and the mortgage has always been in my name due to her bad credit history although she does contribute to the mortgage itself. When remortgaging, If I looked at quotes with both is us on the mortgage we might be able to borrow more but it could mean a more expensive rate and then not viable. If I…
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DMP and Mortgage change in 2019
First post go easy! I’m considering a DMP but concerned that when I come to change my mortgage in Oct 2019 (for a better deal) , I will encounter diffculty doing this because of my DMP in place. My current credit score is good. Any advice most appreciated. Cheers
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Have Great Mortgage-Want to raise some capital
Have a great deal at the moment paying tiny amount over base rate. Want to raise £50K for home improvements to be completed. Current borrowing, at present 40% LTV However income multiplier maxed out! What is the best way to raise the further £50K:question: Couple Aged 55+ Credit rating poor:cry: Mortgage payments ALL fine!…
