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Mortgage chances improved?
Previously posted about trying to obtain a mortgage close to 2 years ago and we were unsuccessful due to defaults which weren’t settled and weren’t that historic in some of the cases. Some of those have now dropped off my file what’s left is listed below- Fast forward to now sick of renting and being in the same situation…
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mortgage advice after bankruptcy
hi there hoping for some advice. My boyfriend went bankrupt in april 2013 (scotland) and is thinking that this will be off his credit report in april 2018? is this correct? We are thinking of a mortgage. I have 5 defaults which are on for a couple of years yet but we both have good jobs with good income. can anyone advise…
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Turned down for an AIP
I am hoping for some advise to help us obtain a mortgage. Me and my husband earn a combined salary of £95,000 and are looking for a mortgage of about £180,000 with a 20% deposit. I have only tried to get an AIP from our bank online, but have been turned down. We currently owe about £5,500 on credit cards, but maintain all…
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Santander - Revolving Credit Card Balances
We will be going with Santander via a broker, but just had a random thought which just coincides with the weekend when they don't work! I use my credit card and pay it off in full each month. With our last lender, Nationwide, they simply made it a condition that all cards were paid off at completion. With Santander, I can…
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mortgage with bad credit ?
i messed up 3 yrs ago. since i will start work soon in london with good pay i plan on getting mortgage in the next 2 years. so, if i put deposit of say 100k down on a £160.000 mortgage would any company borrow me the extra £60.000 over say 10 years. surely any company would know if i was willing to place 100k deposit then…
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First time buyer/shared ownership. What to do?
I found an apartment of full value of 230k and as this is a resale flat I am forced to buy exactly the same share as current owner (60% for 138k) As i got some savings i decided to put down 50% deposit on that share (£69k). My credit rating is excellent :o so I do not think it will be hard to secure a mortgage, I found one…
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How applications and Underwiters Work
When a credit check is complete at AIP stage, what happens next ? Do underwriters look at a detailed credit report, or has the credit report been accepted.
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Chances on getting mortgage- property with public
I am asking here because I don't want to get my hopes up unnecessarily! We want to buy a house which has a footpath shown on the definitive map. On the map the footpath comes down a sheer drop from woodland then through the dining room. It then stops in the middle of the garden. Anyone who managed to scramble down the bank…
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Stupid question!
I am pretty sure of the answer but wanted to ask anyway. When a mortgage company offer to lend say £189,000 for example offer in principle, does that mean that's the max property value or say property value 220,000 with but 15% paid deposit
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Remortgage
I'm wanting to release equity from my house to pay off £20k debt..... and another £20k for a deposit towards another property. This would take my LTV to 85%. I have £44k income and two dependants. Just wondering how willing lenders are to remortgage for debt consolidation? 😬
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Work in London/Mortgage for Glasgow?
Hi, I am currently working in London (as a community nurse) and living with my mother rent free whilst I save up for a deposit. Since it is impossible to even consider staying in London though I am planning on buying a flat back up in Glasgow (where I'm from) instead. My plan is to buy somewhere and spend a couple of…
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Precise Mortgages
Well we have reserved our new build home after getting a dip through a broker with precise mortgages. It's with the help to buy scheme. Both me and my partner earn £26-27k per year, now our credit histories aren't perfect, she has two missed payments on a provident loan but it will be paid off fully in two months. She has…
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Nationwide AIP
Hello, just got a Nationwide AIP through a broker. Are credit searches completed at this stage ? if it worth anything or is a AIP worthless
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How does mortgage overpayment work?
Hi, I will be applying for a mortgage in the next few months and will be able to overpay each year. Does anyone know if this will automatically bring down the monthly payments, or would I have to request a new payment amount each time? Or, will it just reduce the length of the mortgage?
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Choosing new product - Nationwide
Hi All Not often I make my own thread on here but I am just looking for some advice. This is out first ever house & mortgage. Our 5 year fixed term product on our mortgage ends next year and I was wondering what the process is. I understand we'll go onto the SVR and you can re-mortgage or choose a new product etc. but if…
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5yr Mortgage ended today - Remortgage timescale?
Hi, Our 5 yr fixed with Natwest ended today and we already have agreed the remortgage with Tesco some 2-3 months back question is what happens now? Thanks.
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Nationwide app Gone in
Back in September 2017, may mother allowed me balance transfer approx 4500 CC onto her interest free CC, she says there is no need for me to pay her back. The debt was racked up from a wedding. Will nationwide question this as it was approx 5 months ago, Credit cards have now been closed in my name
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helping partner to buy a place.
If I own a flat with no mortgage. How do I raise some funds from my flat to help partner buy a place in her name without incur second home stamp duty? (we are not married and she will need a mortgage, and I don't mind my name not appear on deed.) The background is that we are going to buy together and already have 75%-80%…
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Remortgaging advice. How to buy second property?
My fiance and I bought our 2 bed, 2 bathroom apartment in March 2016 for £202,950, as FTBs. We paid a 20% deposit and took out a 2-year fixed term mortgage with Leeds Building Society, which ends on 30th April 2018 – interest rate of 1.95%, monthly payment of £596.24. As of 07/01/2018 we owe £155,498.00 on our mortgage.…
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Post IVA Mortgage
Hi All, Last year my wife and I were looking to get a mortgage for a property. After a lot of research, it transpired that due to me having just completed an IVA it would be difficult to get a mortgage with that on my credit record, and we should wait until 6 years after the date of judgement to look into it again. The 6…
