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Worried about mortgate interest rate increases
Hi all, I'm fairly new to this so apologies. First time buyer had AIP from a broker on virgin money, I had put offers in on house but lost out, little annoyed by the agent for not letting me know at a crucial moment . Nevertheless, I'm back on to searching now, but worried about mortgate interest rises that I have been…
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Remortgaging consolidating debt
Hi My wife and I are needing to remortgage to consolidate debt - interest payments on credit cards etc are very high and its really stretching us. We have devised a new way to budget our finances etc should we get our remortgage. Paying off this debt will make us considerably better off each month and we hope that we can…
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SMI benefits - cessation dates
Does anyone know if the dates for cessation of payment of SMI benefits set out in Martin Lewis's recent Support For Mortgage Interest blog are defiantly correct? I can’t find anything verifying his assertion that payments can be made beyond 5 April, i.e. until 7 May, even if a government Ioan is not applied for. Martin…
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Nationwide Mortgage Application - How long?
Hi, Myself and partner have applied for our first mortgage through Nationwide. Full application submitted on Friday 16th March, Valuation completed on Tuesday 20th March and received an email notification from Nationwide on Wednesday 21st March saying that they have all documents they need at this time and that our…
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Due to complete - Questions
Hi Guys, So I am due to complete on the 29th (My mortgage expires on the 30th) after much delays. My solicitors have exchanged contracts with the sellers solicitors confirming the date will 100% be this date as they are fully aware that under my contract if my mortgage expires I am able to withdraw penalty free. Funds have…
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Part time employed part time self employed
Hi there! I’m contacting as I’m confused by reading a couple of bits about getting first time mortgage to buy a house. I currently work 3 days a week employed by nhs and 2 days privately in the exact type of job. Now I have only been working self employed since this year and heard it is difficult to get a mortgage self…
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Parents supported me, but looking to upsize!
Hey guys, I really need some advice, as i'm new to mortgages! I've very fortunate to have parents who have been able to help me get onto the property ladder a few years ago. As they get much better interest rates (1%), they kindly offered that for around 5 years, they'd lend me the money to purchase the apartment and I…
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Can I claim back mortgage interest miscalculation?
Hi , I’ve seen an advert regarding miscalculation of mortgage interest? The company that advertised this ‘claim back’ was called beat the banks , it was an add on social media. They got my attention because I was a northern rock customer, then it changed to NRam and is now Landmark Mortgages. I’m assuming this is similar…
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Mortgage redemtion fees
I had a 2 year deal with Nationwide and during it had to move house. When I bought the new property I took out another mortgage (for more) with Nationwide but they charged me £1000 to get out of the old deal Should I have been charged this even though they did not lose any business. In actual fact they gained more! If…
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Switch from joint tenants to tenants in common.
My partner and I both put different deposits down on our property, with me contributing a much larger share. Our legal docs state we are Joint Tenants, as the difference at the time wasn't really explained to us by our solicitor; but when queried we were told this can easily be changed afterwards. It's something we keep…
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Which type of mortgage?
Hi, I'm just after some simple advice on the potential issues with having the incorrect type of mortgage on a property. My husband and I have been saving for years to buy a holiday cottage with the intention of letting it out through a holiday letting agency to cover costs when we're not using it. We ultimately plan to…
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Applying for a mortgage
Can someone help me please. I’m applying for a mortgage with my partner but had issues in the past by taking several pay day loans back in 2014 (stupid I know) but I won’t be the first and won’t be the last. Can this stop me from getting a mortgage? Since then my finances are good. Paying everything on time. Thank you.
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Natwest - Online Mortgage application
Hi all, Me and my partner are trying to buy our first home currently! We have had an offer accepted and have a 25% deposit available. We decided to make an application online with Natwest and was hoping someone has had experience of using the service before? We have received our mortgage illustration, and have paid for the…
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Lied to by estate agents, bullied into things
Hello all This is my first post please be kind I'm having problems with a purchase of a house The house went on the market on the 26th of Jan for £100,000 through wards and partners I went to an open house on Sunday 4th Feb Put an offer of 111,000 on 5th Feb 6th Feb was asked to see their mortgage broker as he could offer…
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Nervously waiting
Hi all I am nervously waiting for a decision on a mortgage application. I'm keen to get your thoughts if we're likely to be accepted. An application went in a couple of weeks ago with Skipton. Were hoping to buy a house for £190k we have a 10% deposit saved. My partner has a default from 2013 that has been satisfied…
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anyone beat this? Is this anygood
Hello Our Halifax fixed rate mortgage is up end of July 2018. We are looking for a 5 year fixed remortgage with no product fee (fee added to mortgage) House value around £350000 want to borrow £150000 best I have seen is Tesco 2.02% £915 per month First direct 1.99% £913 per month Sainsbury 1.99% £913 per month Anyone got…
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Santander FTB with HTP worries
Hi all, Looking for some advice. Me and my partner have just completed our full mortgage application with Santander via our Mortgage Broker. We are buying a 209k house with the HTP 20% and our 15K deposit, mortgage c. 150k. I earn 29k a year and my partner 16k with a combined outstanding loan balance of 3k, credit cards 3k…
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MSE News: Halifax wrongly marks mortgage...
One of the UK's biggest mortgage brands mistakenly flagged some borrowers' payments as late over a five-year period, potentially harming their credit scores without them knowing, MoneySavingExpert.com can reveal...Read the full story: 'Halifax wrongly marks mortgage payments as late in five-year credit file blunder' Click…
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Borrowing more on existing mortgage
Hoping someone can help. I have recently applied to have £15,000 added onto my mortgage to clear off debt that we have on loans and cards (approx £12,000) from renovating the home and the rest for home improvements (new roof). We are paying out over £450 a month for our debts so seemed logical to take out more on our…
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Mortgage Rate / Advice
Hi All Sceanario *House in my name only *Salary £33k *House Value £200+k *Mortgage Redemption value = £120k *Remortgage Amount to be requested = £140k *Live with my fianc! & 1 year old *Own another property with CTL, Rent £495pm, IO mortgage is £175pm I would like to sign up to a new mortgage ASAP, ideally with a provider…
