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Tight deadline, stick or twist?
Hi, my wife and I are currently applying for a mortgage with Nationwide. Already had DIP and valuation (both passed). Someone has been on the phone earlier to say we have passed 'affordability' at underwriting but they need a copy of our annual tax credits statement (this is going to be arriving by 2nd class post from…
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First Time Buyers - Is it worth us even trying?
Hi - just looking for some informed opinions regarding our situation. Currently privately renting a house for £600 per month and the landlord is looking to sell. We like the house and area so would like to make an offer but have a bit of a chequered credit history, mostly clean now but a few bits still showing when we've…
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Desperate
IHi all, I have an interest only mortgage which should be paid back in April this year. My flat is leasehold and has 61 years left on it. I had to retire early in 2014 because of the big C. I am 64 and only have my pension. I decided to sell the property because of the lease. When i took out the mortgage with birmingham…
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Delete
Nevermind.
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Nationwide-issued mortgage offer text question
Just received a text from nationwide, saying they have issued a mortgage offer. Doesn't say for how much? How do we find out, or should I assume it's for the amount we asked?
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Mortgage app - bank statements
Hi all need some advice please. looking to remortgage anytime now. Appears 3m payslips and bank statements is the norm. Only problem I have is i’ve got a lot of ‘paypal’ transactions on my statements. 2 reasons. Big group of my mates did a marathon recently and I sponsored each one individually via Paypal over a month…
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Help to buy isa first time buyer
Not sure how to word my question so I’m going to try and be as concise as I can be. I have a help to buy ISA with £2711, including he government bonus it equates to £3388. The deposit for the house is £3318 but a £350 reservation fee has already been paid so that brings it down to £2968. When it comes to closing my ISA,…
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MCD and Developer loan
Hi, I bought a new build property in 2010 with 75% mortgage and developer holding the remaining 25% as an interest free loan and developer secured this against my mortgage as second charge. Will this come under EU's MCD regime. If it is according to the MCD rules I need to settle this with a developer appointed financial…
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Will new fixed rates go up tomorrow?
Hi I’m looking to get a mortgage soon and was wondering how lenders normally react to the BOE increasing interest rates? I know trackers and variables are different but what about fixed rate mortgages? For example if I can get a 5 year fix today at 2%, is it likely the same mortgage product will go up to 2.25% or will…
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Mortgage Help
Hi, My partner and I are currently looking to purchase a house. I have spoken to a mortgage adviser today and he has given us an idea of what we would be able to lend and how much it would cost for the property we are looking at.The mortgages he gave us were for a house valued at £80,000 with a 95 % ( £76,000) mortgage.…
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How early should we start to remortgage.
Probably getting a head of myself,were looking to remortgage but wife has a BRU coming off credit file Late August and ive got a couple of satisfied CCJ"s. CCJ"s both paid (£251 & £366 both for disputed water bills) and due to drop off end of October this year and March 2019. With these CCJ"s satisfied and now both coming…
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What type of Mortgage?
Hi, I am looking to purchase a row of 3-story properties - The property consists of 4 ground floor commercial units and 2 residential units about. The floor coverage is 33% Commercial and 67% Residential We live in one of the residential Units and will be renting the other flat to my mother in law upon completion. 3 of the…
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Santander mortgage application
Hi all, I have a mortgage application going through with Santander at the moment, via a broker, valuation is today, I just wondered if anyone has been through an application with Santander recently and if so how they found it? I see from old posts that Santander sometimes request loads of supporting documents, but so far…
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Mortgage issues between exchange and completion
Some URGENT advice needed! After exchanging contracts there was a burst pipe at the property we were due to complete on. The current owner has an insurance claim in progress - the benefit of this claim has been signed over to us - the (potential) new owners. The damage to the property purely superficial. HOWEVER - the…
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Any adverse credit mortgage brokers on here?
Hello, Just after a bit of advise first of all Me and my partner want to buy a house in roughly 2-3 years time, I’m a first time buyer he isn’t, he owned a house 7 years ago which he sold, I have just opened a l-ISA and will be putting £4K a year in over next two years which would enable me to get the 25% bonus making our…
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Mortgage Application - some advice needed please
Hello All, My wife and I are shortly going to be applying for a new, larger mortgage as we are going to be up sizing after only 2 years in our current home. Our details income details as follows: Me: Base Salary: £49,000 Bonus / Overtime: £~10,000 Wife: Base Salary: £22,000 Bonus / Overtime: £1000 We have £11,000 debt at…
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Should I switch to a new fixed rate mortgage early
Hi all, this is my first post so bear with me. I have 4 yr fixed nationwide mortgage 2.59% that finishes March 2019. Mortgage to repay is £65000 on £300,000 house. I want a new fixed rate mortgage and I like the nationwide ones that have no fee. There is one 4yr fixed at 2.19% no fee. If I switch mortgage before Dec 2018 I…
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FTB mortgage deposif
Hello, me and my boyfriend are both FTB We have had our mortgage approved and offer accepted, all is/was going smoothly with completion in sight. However today we have been asked to provide proof of our deposit- (17,000), £2500 of this came from my student loan as it was money I had left over. Is this likely to be a…
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Transfer of mortgage..help...
Hi..hope someone can help..basically moved to this property 3 years ago..used my money £126000 plus a small mortgage £34000 in my son's name to buy it..as I couldnt get a mortgage as I'm self employed and didn't earn enough..so now my son hasn't worked for 10 months..I've always paid the mortgage into his account..so the…
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Mortgage deal nearly up and credit now bad—Help
Hi so I’ve had my mortgage for 9 years this year, when I split with my partner 4/5 years back I struggled massively and am only just entering into a DMP. I’ve just stuck with NatWest when my deals been up and I’m happy to do that again, my questions is I’d like to take some money outta the house to clear my debts, my LTV…
