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Bank or Broker
Hi all, Very new to the forum and looking for some advice regarding first house purchase. Currently employed since 8 years with NHS. Gross Pay: 34000 pa Starting new job next month Gross pay: 45k with annual bonus of 10% pa Debt: approximately 4k (all 0% balance tranfer credit cards) Dependent kids: 2 aged 5 and 3 Deposit:…
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FTB Gifted equity.
I literally have no clue what route to take as I wasn’t expecting to be in this position. My mum has offered to sell her house to us for £150,000 we haven’t had it valued yet but the house next door sold in February for £205,000. I’m presuming some lenders will take that as gifted equity? Next question as I’ve not been…
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Secured loan saga continues
Thank you for helpful comments and advice.
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Home Buying - Downvalue
Good Evening, Just looking for advice on a house purchase. Both me and my partner have recently had an offer accepted on a house, our first one! - Exciting. We have a 10% deposit and accept that it will need doing up, central heating and other minor decor. The house was valued at £165k by the Estate Agent. There were…
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SPAM ! Mods please help.
Is there a mod on this board that can remove all the rubbish, its unreadable. Although I do chuckle at the time someone has clearly spend spamming a forum with USA phone numbers, not realising that it is a UK forum! Ta.
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Dear Spammers...
Although difficult to believe, not all .coms are American. This is a UK site, so your spam would best be directed elsewhere if you can't be bothered to spam us with our own "0800" numbers. Thank you.
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Getting a new mortgage
I currently am about to pay off my mortgage and have a good 20 years left before I retire. If I wanted to purchase another property and have a cash deposit for it would the bank take into account the property I own?
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Apply for two mortgages: First Direct & TSB
This has all happened a bit quick. I'm looking for a £50k mortgage on a £150k property as a first time buyer. I was looking at the First Direct 10 year fixed rate fee free offer but when I called them they said, as I'm a company director (of my own company with just me working in it and the sole director) that they do not…
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Barclays mortgage offer length
Hi all, We are coming up to remortgage as our 2 year fixed is coming to an end. How long do Barclays mortgage offers last for - I know it's usually 3 months for the majority of providers but i'm aware that some do 6 months. Thanks
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Lending into retirement age
My hubby and are are using a broker as wish wish consolidate debt (new ltv would be 78%). I have posted before but as things have now changed felt I need to get further advice. Earning slightly complex basic combined employed earning for both of us (had jobs over 10 years) £42100 Hubby has consistently earned another £3000…
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Preparing to be mortgage ready
Hi We currently have a mortgage on a property with approx £10k equity (minimum). In addition we have been offered £50k early inheritance from my parents. So we would hopefully have a £60k deposit for a house in the region of £160k so looking at £100k mortgage. Our current mortgage costs £435 per month (£75k outstanding).…
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Transfer of ownership, equity & a charging order :(
I have an issue which I could do with a bit of help with… I co-own a house both in deeds and in mortgage with my now ex wife I want to take sole ownership and affordability is not an issue My credit rating is poor but it should be okay (words from Yorkshire Building Society) There is a charging order on the house due to…
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Mortgage with 3 year old defaults
Hello, This is my first thread on here so please bear with me! My husband and I live in a 1 bed flat. The mortgage is solely in his name as at the time that he applied for the mortgage (in 2015) I was in debt and on a debt management plan. We had no problem getting a decent mortgage for the property size we needed at the…
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Divorce question regarding who pays what.
Getting divorced. Have been separated for two years. I have continued to live alone in the joint mortgaged home and paid the full mortgage monthly payments. Soon to be ex wife has lived in rented accomodation with her new partner. As example, our mortgage payment is £600 per month and I have paid the full £600 per month…
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MSE News: Mortgage rates are rising - if you're considering remortgaging act NOW
Mortgage rates are rising with the best deals disappearing, so it's vital everyone considering cutting costs by remortgaging to a new deal acts now...Read the full story: 'Mortgage rates are rising - if you're considering remortgaging act NOW' Click reply below to discuss. If you haven’t already, join the forum to reply.
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Remortgage with dmps, years before a high Street bank
It's been an awful long time since I frequented this forums, I used to be a helper instead of those in need of help.. How times change! So my question is: I am looking to remortgage with my wife this summer and have already seen a broker regarding this, but would love to hear more than their opinion. I have 5 defaults on…
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How to get the house repossesed???
Hi, I’ll try to be brief.... Broke up with violent partner. Own a 4 bed house. Have two kids. He had two from current marriage (won’t divorce her even after 10 years apart) they are 12 and 15 and come to stay every other weekend. He has our kids quite often, 3 nights a week sometimes more. I moved out last March after…
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70/30 Shared ownership - Buying the 30% after term - Default history
So I have had the property 10 years, this is a old scheme via Barretts. Where the builder owns 30%, I do not pay any rent on the 30%. If I where to sell the Barretts gets 30% of the value. So I have come to the end of the 10 year term, and wish to re mortgage to pay the remaining 30%. The issue is I have 2x default notices…
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BLT query
Hi have virgin money BTL 2.99% fixed for 5 years interest only £380.90 pcm I am thinking of changing it to a repayment mortgage same rate etc they can just switch it and it would be £790.60 pcm. I am thinking getting the balance down would be good and I can also put a lump sum 10% overpayment down. The outstanding balance…
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Barclays Mortgages - Track It
Hi everyone, I am waiting on a decision regarding my mortgage at Barclays and using the Track-It feature. I am getting frustrated with it as it keeps saying that they require more information and to speak to the Advisor. I rang the mortgage advice line first and they told me we had certain documents missing that we have…
