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redemption figure Halifax - timing?
privacy reasons
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FTB Looking for reassurance
I am looking for a bit reassurance and maybe some helpful advice. As ive never taken out any sort of loan well apart from mobile contract. Ive lived at home forever and now think its time to go up and move out but im just a bit nervous on how much to borrow and dont want to over stretch myself so any advice welcome. So me…
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Home Reversion Advice Please
Hi, I'm coming up to retirement and I still have a small outstanding mortgage and some debts I would like to clear. I'm single and don't have any family, so I can do what I like with my property. I would like to carry on living in my house and am considering some sort of Home Reversion or Equity Release Plan. Can anyone…
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Halifax mortgage application- regular overdraft us
Hi! Looking for a bit of advice/ reassurance here. I am now more than a month stressed and starting to have sleepless nights.... My partner and I have an offer accepted in a house: House value: £22000 Deposti: £22000 Joint income: £69000. Both on permanent no contracts, I work for the NHS and my partner in marketing. We…
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Remortgaging on low income with high debt
Hi ya. Just after some advice if poss. I have a mortgage with nationwide which my two year fixed rate expires in August and I would like to remortgage whilst borrowing extra to clear my existing loan debt of £30k. I have since changed jobs to a lower income and am also in the help to buy scheme which is proving that no…
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Strange advice from broker
Hey peeps I know taking a loan out in order to pay for a deposit is frowned upon by the lenders however when I mentioned this to the broker he mentioned that although it’s not ideal, I could take out a 20k loan keep it in my account for 3-6 months. And that should satisfy the banks that it’s been in my account for long…
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New Build and Mortgage Offer
Probably an very open ended question but does anyone know at what point after reserving your new build house will they start chasing you to have a Mortgage Offer. The reason I ask is due to my job circumstances we may delayed in applying for a Mortgage until start of July and we have already reserved the house about 2…
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Cumberland?
I had a look at some mortgage rates earlier via MoneySupermarket and decided to check how much the top 5 deals would be willing to lend us. Oddly Cumberland Building Society are quoting that they would lend us £50k more than anyone else. I know this is by no means a guarantee but as we don’t have any Cumberland branches…
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Mortgage and moving at 55 years
Can someone tell me the maximum age that you can apply for mortgage. My sister has about £50,000 equity in the house and £10,000 cash. I hope she has is far too big for her and is looking to sell up. If you wouldn’t be able to get a mortgage as she is 55 years of age now, would it be possible for her to putting that money…
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Nationwide mortgage application-usual turn around?
Following our AIP through broker with Nationwide, a full application was submitted yesterday. We have given all requested paperwork already to the brokers. What's the usual time frame now?
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Ditch my fix calculation
Hello, I need help working out if it!!!8217;s worthwhile switching mortgages. My current mortgage stands at 31004.82 my ERC which lasts until June 2021 is 1230.20. My currently monthly payment is 403.02 and my term is 10 years and 1 month with a rate of 3.98%. I have made significant overpayments since acquiring the…
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Re-mortgage Deed Issues
I am currently re-mortgaging with a new provider and they have received my deeds and have noted that there is a restriction on them for which we have the certificate to cover this. The banks Conveyancer is insisting we pay for this certificate again but my original conveyancer has confirmed this is not necessary with a…
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New Job and Mortgage
Hoping someone can help on this while I am waiting for my broker to get back to me. We are currently in the process of buying a new house and looking to go with Kensington due to some marks on our file in the recent 12 months. It is based in a different city where my wife works so to date I have been looking for a new job…
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Mortgage confusion
Hi all, Just looking for some advice/reassurance really! I will bullet point the salient facts, not for rudeness, but simplicity! * 2 adults earning, me £30K, OH £35K (2 children as well. Sadly not earning ) * Looking to buy propery approx £350K * Parents gifting £220K (approx) The issue is, my credit rating is TERRIBLE. I…
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horrible mortgage problem
Can anyone with any legal knowledge please help or offer advice regarding this issue please. Four years ago,my daughter moved into her fiances house,at that time the mortgage was in his name only. They decided to put my daughters name on the mortgage and duly signed the papers with the building society that held the…
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First time buyer help !!!!
Hi I'm lost and could really do with some help. To break it down we are first time buyers we currently rent our house from our Mother in law, we had the house valued earlier this week and we have told we can have a quater of what it sells for to use as a deposit on our first property. The house has been valued at £159,950…
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Funding For Pilot Training
We need to capital raise £120k to fund our Son's upcoming pilot training. Can anyone recommend a lender they have successfully approached recently and what lending rate did you obtain please?
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Charge against Mortgage 32 years ago. HELP PLEASE
Can anyone PLEASE help us with some advice....... My partner and I are supposed to be going to TOLATA against his ex. The problem is there was a charge put on the house for a loan from Barclays Bank 32 years ago. We have no details on that charge that we need, as obviously it has to be paid off. We went to Barclays and…
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AIP accepted then rejected
Hi everyone, My partner and I had an AIP with nationwide accepted 2 months ago. However we now have decided to up our price range by about 18k. This is still 60k below what we can borrow according to the in depth calculator. However the AIP was declined out right. Our credit file hasn't changed except for paying the usual…
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Changing mortgage to buy to let
Hi I bought my house 18months ago on a 95% mortgage. I would now ideally like to rent this house to my parents and but a new one for myself and my partner to live in. I have seen you can convert residential mortgages to buy to let but will there be charge for this and will I be able to buy another house straight away? How…
