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NatWest International
Hey! Has anyone had any experience with NatWest International for their mortgage? My partner received an AIP with them just before Christmas and submitted a full application at the start of the year. It seems very very slow; each day waiting for news. We reserved a new build back in November and at this rate we’ve…
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Buy to let mortgage - tenant conditions
Is anyone aware of there being conditions on the type of tenants allowed to live in your property under buy to let? Situation: Current tenants have privately rented a house out for 16 years. Landlord has now remortgaged the house and is saying because the tenants are receiving housing benefit (even though its towards the…
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Precise Mortgages DIP
Hi All, My wife and I have found the perfect family home and have received a decision in principle with Precise. I had to use Precise as I have some rocky credit history. Here are the main facts: My Salary: £75k Wife's Salary: £30k (currently on maternity leave) Credit Cards/Loans: 0 - we have no debt Property Value: £465k…
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Halifax help to buy
Hello, Hoping for a bit of help with this one! I’m a first time buying going through Halifax on a help to buy. Looking to buy a 124000 house with a 5% deposit and 20% deposit from the government. The mortgage only works out at about 93 thousand. I have a mortgage in principle for up to 213000. All the documents have been…
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Exchange Help!
We are currently going through exchange of contract process atm but starting to get worried about it all. Found mortgage and spoke with broker. All documents sent and received by them Friday 19th January. Told by broker the application would be done straight away. Its now Tuesday going into Wednesday and I've been told our…
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NatWest 30% over-payment.
I just found out i can make a penalty free over-payment on my Natwest mortgage of 30%. That's because i am renewing with them when my old deal runs out. It seems quite a lot, and i have no reason to doubt the lady on the phone at all. But it just seems odd i have never read about this before. As an eternal pessimist ,…
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Recommendations for brokers - adverse credit
Hi, My other half and I have found a house we like, have 5‰ deposit and affordability isn’t an issue. However, whilst my credit is relatively clean my other half has 2 defaults. One is over 3 years old and one will be 3 years old in a couple of weeks. Does anyone have experience of actually getting a mortgage with these…
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First time buyer
Hi, I'm a first time buyer with a isa. Currently i have around £3400 in the isa and i am going to be doubling that amount this year. I just wanted to ask do the government put the 25% with the amount before you apply for a mortgage or after? And also how likely is it to get a 95% mortgage? so i only have to save around…
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Occupier consent form
Hi My contracts are exchanged and completion is due in 2 weeks. Mortgage is solely on my name where my solicitors are asking that my husband needs signing the form after seeking legal advice. Spoke to my mortgage lenders and they say all is in place for mortgage monies and need nothing from me. What should I do? Quick…
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Remortgage?
Hi, Can anyone advise me on this issue, please! My boyfriend and I want to move in together, he owns half the house with his dad. His dad wants £60,000 for his half (the house is worth £120,000). My boyfriend has £33,000 left on his mortgage over 12yrs. We have got an appointment with HIS bank next week seeking the extra…
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advice for preparing for mortgage application with bad credit
Hello! I am in the process of sorting out my finances in preparation for applying for a joint mortgage (probably Nov 19ish so about 2 years time). I have previous bad credit from poor management really. In Nov 19 on my file I will have... 11(!) missed payments over 6 years on 4 accounts (all random and spread out not…
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Tax credits award notice, help!!
I wonder if anyone has been in this situation and can advise please? We need to use our tax credits as part of our income to meet affordability, so have had to provide the award notice. Mortgage advisor has not said they can't accept it as it is because the amount of earned income stated is not the same as our earned…
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Will rejected car finance affect my credit rating?
Hello, I am new to the forum so please bare with me! I recently took out a Hire purchase loan with a car provider. I made regular payments bar two months when I was abroad. I paid the outstanding debt and I subsequently cleared the amount owing. When I went to a new car company and applied for credit they rejected me. I…
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Self Employed Mortgages - Accountant
Hi, firstly I've done a forum search for this subject but no clear posts came up in the results so I'm asking here. I've been self employed for a couple of years and always submitted my own tax returns. To be worthy for a mortgage will it be essential that the banks see tax returns submitted by an accountant? If so, can I…
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Coventry BS - Employers Reference - Anyone had one and how long it takes?
I started my remortgage application with the Coventry BS two weeks ago through a broker with an AIP received beforehand. I have only been in my new job for 2 months prior but my affordability is more than adequate to cover what I'm borrowing. The Coventry have only now asked for an employers reference despite me supplying…
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Using equity from sale to pay off loans
Hi guys, We are looking at moving house at some point in the future. We've got a couple of personal loans which at the moment limits the amount we can borrow. I've done a few of the 'how much can i borrow calculators' and noticed that it makes a massive difference depending on whether you have personal debt or not. (i.e.…
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Personal debt level
Hi all looking for some advice for a soon to be (probably a while off yet) 1st time buyer. So my partner and I have been saving hard for mortgage deposit since April last year, at the moment we have approx £8000 saved which I’m pleased with but long way to go. (About half of this is tied up in a share scheme, the other…
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Mortgage advice with PDLs
Hi all, Just looking some advice and insight. Ihave recently taken a few payday loans with various lenders and im in quite a bit of debt at the minute. All my debt i am managing and making payments on time. I am hoping to get a mortgage around the age of 35 and im currently 28. After 6 years will all my PDLs be viewable…
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Overpayments - Reducing interest not capital?
Hi there I am in the throws of getting a mortgage and have had my mortgage offer come through in the post. There is a section about over payments and it states the following: You can repay all or part of the loan at any time before the end of the term in accordance with the mortgage conditions. If you make an overpayment…
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Remortgaging - as quick as possible
I need to remortgage fairly swiftly to a buy to let mortgage from a residential one. My current lender doesn't do BTL so i will need to switch lenders. I am going to use Which? mortgage brokers. What tips do people have for making the process go as quickly as possible? What kind of documents shall i start gathering? Do I…
