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HSBC Valuation Booked but no offer?
Hi, I am re-mortgaging / porting my mortgage to HSBC. Applied online last week and had a telephone appointment on Sat. Decision was unable to be obtained as they wanted more documents including us to provide Credit Checks? I am still struggling to up load these but in the mean time on line it states Decision Obtained and…
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Gross v Net Income for mortgage
Hi All, My partner and I are trying to obtain a mortgage at the moment. We had an agreement in principle from NatWest and on that basis put in an offer which has been accepted. However NatWest have now said that they will not be lending the funds needed. The complication for us is my partner's salary. He works for an…
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NatWest Mortgage Application Worried Sick
New on here so let me start... I have poor credit and my wife has good, due to a few mistakes made when I was young and dumb! Have a brilliant broker who got us an AIP credit scored with NatWest. I had 2 low defaults around 5 and a half years ago which were settled straight away. So I was extremely happy when we managed to…
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LTV and lower mortgage rates
Hi all, I am looking at switching my mortgage deal as my current fixed deal is coming to an end with Nationwide. As our current LTV is about 81% I was thinking of making an over payment to get the LTV ratio down to under 80% thinking we might get better rates but this doesn't seem to be the case anymore. I was wondering,…
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Endless underwriter questions???
Hi, I'm new here though have used the site and forums for years. I am currently remortgaging, since the beginning of Jan! With our bank HSBC. We are looking at less than 50% LTV. My issue is interest rates are likely to rise soon. But the process seems to be being drawn-out by the underwriters endless questions and…
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How long should a purchase take?
I know this is a very generic question but: We have just been approved for a mortgage. To buy the house that we are currently renting from a housing association. The housing association have said the turn around is 12 weeks. To me, this sounds very long, and part of me is suspicious that the longer it takes the more rent…
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Early repayment discussions
I have recently been looking at overpaying on my mortgage after looking on a number of early repayment calculators I have noticed that if I overpay by £100 pounds I will save x amount on interest and shorten my term by x amount of years but if I double that payment to £200 I don't save double the interest saved or double…
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Lifetime ISA and Stamp Duty
Hello, I have a slightly complex question regarding Lifetime ISA bonus and Stamp Duty. I own a property and am married. My wife is not listed on the property deeds - I purchased the property before we were married. We would like to purchase another property, in addition to keeping hold of my current property (which we both…
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First time buyer
I've recently received a key facts illustration sheet stating what Santander would offer me. I've found a house and made a offer, I then went back to my broker who is in the process on sorting my mortgage with Santander. I'm so concerend my mortgage won't be accept at the final application stage due to old payday loans…
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Lloyds remortgage help
Hi, my fixed rate mortgage with Lloyds is about to end and the rate is going to be 3.99%. My house is up for sale and I did have a buyer, so I was just going to leave it as was getting another mortgage through a broker. The sale having fallen through and no idea when i will get another buyer, i want to see if i can reduce…
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Help with a mortgage if I'm in a tied house
Hi. I am 52, married, live in Scotland. My job provides me with a tied house. We'd like to look at buying a house, never have owned one. We have a small deposit saved.we would be looking to buy and let it out until we retire. We have been told - A - you cannot get help to buy or lift up from government as it would be a buy…
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My husband wants me to pay half the mortgage
My husband and his brother own a house together. We were all living here (two couples) for 5 years together and splitting the bills 4-ways. Now his brother has bought a property with this wife but is still on the deeds of this current house. My husband wants me to start paying half the mortgage but he won't add my name to…
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Income for mortgage application
We have a DIP from Natwest and hopefully will be moving to full application this week (if our offer is accepted!). Our broker seemed uncertain of what exactly would be taken into account as income, hoping someone here might have some experience of circumstances like ours. Quick background, I am employed and my partner is a…
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Mortgages and Credit Cards
Hi all, First time posting here so hoping this is in the right place.... We're currently in process of getting a new mortgage as we're moving house. We're sticking with Nationwide and awaiting decision whether we can 'port' and borrow additional money (eek! waiting game is always hard!) I have an Amex credit card- me and…
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Mortgage audit
Can anyone help I received mortgage offer with the mortgage works on the day of completion mortgage works randomly pick my file for audit can anyone explain what’s going on
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halifax re morg .. in store or online
Hi Guys I am getting close to the 3 month mark for my Halifax re mortgage, I want to stay with Halifax as its a relatively low amount and im hoping to finish in 5 years. I have checked online and with op this would be achievable and would reduce the current term of 7 years to 5. I am therefore going to go for 5 yr fixed…
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Mortgaging a property already owned to gift
Hi guys back again. Just after som advice for a family member. If anyone has seen a post of mine before they will know I’ve had a headache securing a mortgage for my property. To cut a long story short I managed to get approved but fell short £46k on the final offer (bummer!) well my father came to my aid and offered to…
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Nationwide DIP but purchase price higher
Hi all, Just a quick question. Looking to move house. Applied for a DIP with my current lender (Nationwide) yesterday with my expected figures in order to make a formal offer. However, the purchase price will now be £5000 higher. The mortgage amount will remain the same and I'll fund the £5000 from savings. When I log in…
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offset mortgages
does anyone know about offset mortgages? we have an offset variable rate tracker mortgage that is portable, we ported it to our current property in 2012. It was not without problems to do this and we had to make a complaint , which went in our favour. At the time we were told that existing borrowing would be at the "old"…
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Can someone check my sums?
Hi All I'd appreciate someone casting an eye over my calculations just to make sure im not missing something obvious! Currently in a fixed rate deal of 2.03% until 29th Feb 2020 against a mortgage of £72104. Im only allowed overpayments of £1000 per calendar year and I have already used this years allowance. There is an…
