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Buy to let mortgage if you are not an owner occupier
Hi there, Does anyone know of any buy to let mortgages if you are not an owner occupier? I own a property that is rented out and live with my partner. I am not on the mortgage for the property we live in together, as he owns it and lived here before I moved in. I have £30K in savings and considering buying another…
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Halifax Mortgages
6 years left on my Halifax mortgage and still paying £892 per month is this right? I feel it's too much
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Looking for guidance!
Hi Guys, having read through a vast amount of threads, I know I can can count of you for some honest feedback! Simple question really, can I afford a Second Charge Mortgage? We love where we live, but would like to add an extention costing £25,000. I'm trying to second-guess the likely hood to save the embarrasment of a…
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Earl Shilton Building Society
Hi, Has anyone used Earl Shilton building society? I’m a first time buyer & after being refused by Barclays I have gone to a mortgage broker who have gotten me an agreement in principle illustration with this lender. What I’m worried about is I have 2 credit cards totalling 2600 & monthly nursery fees of £864 all with an…
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Stoozing a credit card - impact on a mortgage app?
House on market, intending to sell it, or if not, remortgaging at some point this year. Have reasonable amount of savings for large deposit on next house. Need to finance purchase of a new car. Choice of using savings to pay for it outright, or balance transfer to a longish offer 0% credit card, and pay it off during the…
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Should I change to a buy-to-let mortgage
Hello, For a couple of years I've been renting out my flat on a 'consent to lease'. Every year I have to fill out a form saying that I intend to one day move back. If I decide to no longer do this and move to a buy-to-let mortgage, what happens? Will I essentially be taking out an entirely new mortgage? Will I have to pay…
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TSB Mortgage Applictaion Experience
Hi All, Looking for some advice on TSB mortgage timescale, myself and my long-term girlfriend are first time buyers. We when through a broker, the application was made on the 28/03, since then we have had multiple request for documentation which we have provided, I believe we have now provided all the required…
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Remortgaging and credit card debt
Hello all, My fiance and I are due to remortgage for the first time in March next year. Since we moved in we've both accumulated credit card debt of approximately £8k each, a portion of it by household renovations and a new kitchen. When we applied for our mortgage as first time buyers we had to clear all existing credit…
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Mortgage for a self-build house abroad
Hi, I would love to get your advice on dealing with a self-build house abroad and financials around it. A few details: 1. I would like to build a house in Barcelona while living and working in the UK (I'm considering living in Barcelona and working in London which is possible with my job). 2. The land I would like to…
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Declined Nationwide Mortgage...Can This Be Right?
Hi All, I seem to be having absolutely no luck with my house buying process :( We went to buy a property in January (purchase price £132,000 deposit £26,400) and we went directly through Nationwide. We thought this was the best thing to do as my partner banks with them and we opened up a joint account with them just before…
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Aldermore Mortgage application timescale
I don't know if there's already a related thread, I couldn't find one on here anyways. I'm just wondering if anyone has had a mortgage through Aldermore could enlighten us with their experience and timescales please. Ours currently stands at: 19/4/18 DIP accepted on property 1, put offer in which got declined 20/4/18…
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Early Remortgage
Hi, First venture into the forums and looking to see if I can improve our current position as at the moment whilst we are surviving financially the situation is not what it could be. We are currently coming to the end of the 4th year of a 5 year fixed mortgage on a property worth somewhere around £130k. We had a council…
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sole-trader and ltd company income
Good morning, hoping someone can help. I need to move house and I'm trying to find out how much of a mortgage I can potentially aim for which will determine the house price for my house-hunting. I’m self-employed as sole-trader and have 3 years accounts – SA302s for 2014 - 2017 and about to complete accounts for 2017-18. I…
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Equity Transfer followed by new Mortgage Required
We have buy to let owned equally by myself, my wife and her son. We are transferring ownership of property via an equity transfer to my wife's son and his girlfriend. Once this has been done they will need to get a mortgage to pay myself and my wife our share of equity. I have been told that they will not be able to get a…
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Gifted deposit
Hi everyone, My mortgage application is currently with underwriters and hoping to have decision in next couple days! I have been given a gifted deposit from parents and basically I don’t need to use it all for house but was intending to use some for furniture and soliciter fees etc but parents don’t know this fully.…
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Mortgages for Self Employed
Hello Me and my husband have started to look for a mortgage my husband is in full time permanent work but I am self employed and have 1 year and 3 months accounts. I have asked my accountant to do a projection for the next 6 months. The first 3 months for the my second year shows a 66% profit up on last years takings. We…
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How do I state where the deposit has come from?
Hi all! My mum and dad have gave me £40k to get a property with a partner. We have had the cash in our account for the last 4 weeks. We have now found a house and in depths of the mortgage application with nationwide. We have passed the dip and gave the supporting documents that have all been passed etc etc. The only thing…
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Acceptable level of debt when applying.
Hi all, My first time venturing in to this world of the forums. I'm planning on buying my first home; hopefully towards mid to end of next year but, the longer I leave it, the more I can save for the deposit and other concerns when moving. Therefore, I am starting to get my plans in place now, so I am ready, or at least in…
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Deposit required to buy ex out of our mortgage?
Hello all, I have put together an offer to buy my ex out of our mortgage. The offer is a lot more than she'd receive if we had to sell jointly, means she doesn't have to wait a year or two to sell the property, and I have offered to waive her payments for the remainder of our current mortgage (approx £12k). She is however…
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Changing title deeds when remortgaging
This is my first post and I'm hoping someone can help. So,I finally plucked up the courage to tell my husband about my £29k credit card debt that I had been living with and managing/not managing for 6 years. He has been amazing and supportive and I should have told him years ago instead dealing with it alone. We are…
