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Advice re charging order West Bromwich bs
Hi I am after a little bit of advice on behalf of someone who I think, has buried their head in the sand! Do not yet have the full picture but as I understand it at the moment :- Couple separated then divorced in very early 90s. He moved out of home which was then subsequently repossessed. From what I can gather he has…
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mortgage rate question
With NatWest just now on standard variable rate at 3.99%, online they offer 3.03% to me for a 5 year fixed. Is that not a bit high? the mortgage debt is about £85k and loan to value about 70%
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Getting mortgage once settled default is removed
Thought i would post to gather some advice, applied for a 5 perc deposit after having a MIP for 190'000 from several lenders, was refused a mortgage from these lenders after putting an offer in on a house. Mortgage broker and I found on my experiean score a settled default which will be removed June this year. Blessing in…
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Will being a loan guarantor affect my mortgage app
Hi, I'm new to the forums on MSE and need advice. My brother has asked me to be a loan guarantor for him as he has poor credit history but needs a loan over the next 18 months to help him with some home renovations. I have a good credit rating, and salary, and have no doubt the guarantor aspect will not throw up any…
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Survey when remortgaging?
Just wondering if it's required to get a new survey done when I'm remortgaging? If so, why on mortgage comparison sites do they not take into account the cost of the survey which each lender offers? I mean I've just checked a few different providers, and their homebuyer's surveys vary in cost from £200-£600.
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Halifax fees help
Hoping for a bit of clarity on this one, We were looking to get a mortgage with Halifax, we got a DIP and the relevant checks were done. Our broker said we would pay £200 for a valuation fee, if and only if we get the mortgage amount agreed. Halifax came back offering to lend us less than the DIP and after a couple of…
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Credit Help!
Long story short, we got a few quotes for mortgages early in January and submitted an application with 1 provider at the end of January. My credit file got updated yesterday and I gave it a quick check over as we are in the middle of a mortgage application. It shows 2 hard searches were done on my file in the last month, 1…
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First time mortgage advice needed
Hello, a mortgage adviser who I know personally says they have me a decision in principle of £76,000. I've read around and I think I may have issues when I actually apply. This is because I believe he put it through on last year's P60. I've earned a lot less this year and there's gaps in my pay slips for the school…
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Lump sum overpayment before switching mortgages?
So I'm looking to switch my current fixed term mortgage over to a different fixed term mortgage, since I can get a much cheaper rate elsewhere. However I'm also looking to potentially overpay by something like £15k this year. My limit with the current provider is around half that, and I think it'll be similar with the new…
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Broker given me a deal that i can get myself
So i'm a first time buyer and got recommended a mortgage broker/advisor from a friend. The broker seems good...she explained a lot to me in a phonecall that lasted 50 minutes. She then gave me her recommendation later that day based on my criteria. Now i can see this deal online and its identical (i even have an account…
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New house: 5 vs 10 year fix?
Hi, I have to admit I'm struggling with this decision; I'm about to take a mortgage out with Nationwide for £127,000 on a £263,000 house purchase, so a LTV of less than 50%. I'm 50 and likely to remain in this house for a long time and the monthly repayments to pay off in full over a 10 year term fit in with my budget -…
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Is relocation possible?
In short I would like to reloacte back to where I used to live. Currently House valued at £425 poss more now this was 5 months ago. Mortgage outstanding is £258k. Applicant 1 £60k. Me Applicant 2 on £25k Combined debts of £30k Mainly a loan taken out to do up the house. We would like to relocate where house price would be…
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Mortgage still in single name!
Hi, I took out a 2 yr fixed rate mortgage on a house in my name nearly 8 years ago. When it finished, I let it slide onto a tracker mortgage as interest rates were tumbling. In those 8 years, I have met a man, got married, had 3 kids, been made redundant from my job and gone self employed! My husband doesn't have a great…
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How to get a mortgage for daughter
Glad for any info... Hi all, Daughter is wanting to buy a house but is 3 months off graduating. She has £20K saved but will not be able to provide payslips therefore myself and her dad are willing to take out a mortgage for her in the interim period (we have been mortgage free for 5 years) but of course are 51 and 53. Does…
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Mortgage help...
Hi.. Looking for some advise in which direction to go. We took out a Endowment mortgage in 1994... In 2000 it was found in our favour that we had been mis-sold endowment because of my husband age. Not understanding what we should of done, we did nothing! Carried on paying Endowment & mortgage until 2005 when we got into…
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Lock in mortgage offer?
So, we're coming to the end of our first 2 year tracker mortgage. We bought our house for £230k in May 16, on a 95% mortgage, 17y term, 4.09% APR, £1488/month. The house is now worth £245k according to our lender's index linked valuation. The mortgage is down to £202k, meaning ~82% LTV. We have three and a bit months to…
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Mortgage application
Hello I've currently 18 months in to a 2 yr tracker. in the next few months we will be looking at our options. The question is this: I have opened up an account separate from my joint account with my wife. The reason is I am saving up for a holiday as a surprise for my wife without her knowing. When we apply for new…
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income doubled, mortgage offer reduced. What?
Hello, I had a bit of a shock yesterday as I got an AIP done with Halifax and it was far less than I was expecting. Halifax currently hold a mortgage on my current property, which they offered me in 2012 for £25k. Since then my income has almost doubled (I'm self employed), yet the offer they gave me yesterday (which is…
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Buying after living abroad
I have to move back to UK after living abroad for many years. The mortgage advisor I saw said that I don’t need any pay slips or anything to show the source. I’m just about to close my bank account Overseas.... anyone have any advice? I’m not coming up with any searches on this forum.... keeps on timing out l :/
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Source of funds
First time buyer here and I'm finally looking into buying a property. I've lived with parents since leaving school (now 27) and have saved 80k despite a modest income of 24k. I've lived rent free - so have basically zero out goings. Right from the start I've had my money in ISAs/peer2peer lending/multiple current accounts…
