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Will moving impact my mortgage?
I have bought a HTB but it won't be ready to move in until November. I have not yet applied for a mortgage and my partner is moving to San Francisco in August and we are both moving out of our rented property due to our tenancy being up and I was going to move into shared accommodation. Will this impact anything?
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Chances of being accepted with RBS
My self and my partner are first time buyers and both bank with RBS. About a year ago we had a chat with one of their mortgage advisors in branch who gave us an Agreement in principle up to £209k. As we then got engaged we stopped home hunting and focused on the wedding, but now we are back on the look for a property I…
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Habito
Does anyone have any experience of using them?
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First Time Buyer - HTB ISA
Wonder if anyone can help me due to getting mixed messages from 2 brokers and my solicitor regarding the HTB ISA and 25% bonus. We are currently in the process of purchasing a house for £127995. We are putting down a 10% deposit and mortgaging the other 90%. In our HTB ISA's we have just over 9% saved. 2 brokers that I've…
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Remortgaging a property that's paid off
Hi all, I'm new to this so please bear with me! I've got a property worth 250k that's been paid off and I wanted to know if there's a way I can use that as collateral for purchasing another one that I can rent out? My salary is 60k and I want to borrow 150k... Would it be equity release or remortgage? Any help would be…
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Mortgage application tips or advice
Hi All, We are in the process of trying to buy a new build after a failed application circa 18 months ago with Precise. We engaged a broker who applied with Precise for us given that my wife was a non EU citizen (Aus) and i hadn't lived in the UK for several years so did not have much of an address and credit history to go…
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How useful or not is an in-house current account?
To what degree does having a current account with a mortgage provider facilitate the mortgage application? For example, I have a current account with First Direct that never goes into overdraft but also does not have anything other than a trivial balance. My main account is with Santander which has a very high balance…
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Credit check before completion?
So here we are waiting to exchange and complete. We had 28th of February as a completion date but didn't happened. On the day we received a text from our lender saying the funds are ready. Solicitor called to stop them. The new date for completion is 7th of March but we didn't exchange yet so I don't believe we will…
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How does this work?
basic question ... Say you took out a mortgage for a house worth 80k in 2000. Today that same house is worth £300k, does your monthly mortage also increase? Or is the increase in house price pure profit which you can pocket? Basically, if house prices increase during the period you have a mortgage, do your mortgage…
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Free credit reports
I currently use Noddle to keep track of my credit report but I know I should also check Equifax and Experian. I believe these both offer a free 30 day trial. Is there a way to access these reports without submitting payment card details? I'm (rightly or wrongly!) nervous of adding any more accounts to my profile right now…
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Cross Border Mortagages
Hello, what are cross border mortgages ? I saw this advertised by Qatar National Bank-presumably it means moving your uk mortgage, rate and terms to another country's banking system ? is this correct ? thanks,
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Guarantor mortgages - any lenders?
Is anybody aware any lenders offering a Guarantor mortgage in any shape or form? Thanks in advance
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Confused about using my Spanish savings to buy
Hi, I've been struggling for the last month or so to get this solved, my current situation is that I'm in the middle of getting a mortgage to buy a new property here in UK, been living here for more than 5 years and manage to get a lender. Since thay one I've been trying to move my savings from my old spanish bank…
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Re-mortgage advice
Hi, Just wondering if anyone can give me some advice. I want to try and re-mortgage. I have 115,300 outstanding of which 50,000 is interest only (I know, I know!) - I was with Northern Rock, and now with 'Landmark Mortgages' paying 4.99% apr and they don't/won't re-mortgage with us. I want to try and take out a repayment…
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ADVICE NEEDED: Remortgage, debt, money for ex
I am writing this as I have no idea what to do. Me and my ex-husband separated 7yrs ago and at that point I had a separation agreement drawn up. He was owed £30k from the house and I managed to add £10k to the mortgage for him to sign the house over to me, with me owing him the remaining £20k if certain conditions were…
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Accord Mortgage application
I’m currently going through the process of applying for a mortgage with Accord. Went through a broker and got an AIP in place. A full application has gone in and a valuation has been arranged for the property we wish to purchase. We have 79k equity and are putting down 50k deposit. The rest will be used to pay stamp duty…
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Refused mortgage application
Dear all, I hope this is the right place to be posting this query - I'm sorry if not. Long story short, I was refused a mortgage application last weekend, and was really surprised about it. I was wondering whether anybody here could offer an insight into why. First, about me. I earn over £50k gross a year and have a…
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Porting mortgage
I'm looking at mortgaging my existing home with Nationwide to buy a second home. The intention is to eventually (post-retirement) move to the second home permanently. I'm considering how long a fixed-rate to take, given an unknown timescale. Could I port a Nationwide mortgage to another home I own outright? LTV would be…
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What is the anniversary of my mortgage??
Hi. Hoping someone can advise - I have a nationwide mortgage on which I'm making overpayments. I'm probably not going to manage to get near the 10% a year limit but what is 'a year'? Is it: A. The anniversary of date I took the mortgage out? B. The anniversary of date I fixed a new deal? C. The end of the calender year?…
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Advice Required - Re-Mortgage
Hi Guys, Looking for some advice as not that clued up on mortgages.. My current mortgage ends in April with NatWest which was 3.39%. Now looking to remortgage over 10 years. My mortgage would be for 100k based on a 5 year fixed deal, I currently have £56k capital and interest and £44k interest only. I want to borrow…
