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Transfer of equality -advice please
Hi I’m looking for some advice last June/July tome me and my husband complete transfer of equality forms and sent them to our mortgage company. My husband and his ex are currently on the mortgage and we have agreed to have his ex removed and myself added. All was approved a month or two later but we were told by the…
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Our situation / 95% LTV
I've read so many horror stories on the internet (some on this very forum!) and for - hopefully a peace of mind - I'm going to disclose my situation and hope it won't be as bad as I think it will... We're going for a 95% LTV with Santander (AIP achieved and about to do full application). My partner has an absolutely…
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Mortgage/Moving Advice Please
Hi All Long-time lurker here and looking for some independent views on whether or not moving home is a good idea for us. The summary of our position is that we purchased our house, a relatively small 3 bed semi, three years ago with a ‘normal’ 95% LTV mortgage (i.e. NOT help to buy). We took out a mortgage for £228k and…
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Offset mortgage above the FSCS limit
Hi folks, Looking for your thoughts really. We have an offset mortgage with a value outstanding of about 130k. We're have an overpayment limit of 99.9%. Because of some rather unhappy circumstances, we are able to offset the full balance. We would rather do this than overpay the 99.9% (house renovations etc coming up so…
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Consent to let extension with HSBC
Does anyone here have experience of applying for a consent to let extension with HSBC? I've got consent to let on my residential mortgage. This is my first consent to let and it has been granted for a year which is ending soon. So, I am applying for extension and I would appreciate any hints as to how to best…
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Self Building - Transfer Mortgage to Family Member
Hello, I would like to know the available options to transferring a mortgage to another family member. Basically we wish to build our own house, and sell our current property to release equity to partly fund our build. Unfortunately the market conditions in our area have dramatically dropped, with our similar properties…
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Mortgage Application with Recently Paid Credit Card Debts
Hi, We have just agreed to purchase a new build property and were given an AIP for the full amount needed. Now we need to go ahead with the mortgage application, however I'm feeling a bit nervous. I've just recently (over the last couple of weeks since it has become clear that we may actually be purchasing a house) paid…
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Remortgaging with Help to Buy
Hi, My partner and I are buying our first home using the Help to Buy scheme. It!!!8217;s very obvious there are certain ways you have to pay the help to buy loan back. However, what if we remortgage at the end of the first 5 years essentially gaining the money we have borrowed from the government through the bank to pay it…
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Trying to get a decision from Magellan Homes
Hi Everyone I don't usually post on forums but quite frankly I'm at the end of my tether. Last summer I got offered a promotion which I required us to relocate. We tried getting a mortgage over the summer but because we have a DMP and my DH is part self employed, part employed we had no luck in getting lending. We also…
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Exchange/Completion on current house
Hoping someone can help as my solicitor seems to be clueless at the moment. We are at the end of a chain of 3 and 2 weeks a date of the 27th April was suggested for completion which our solicitor said everyone is working too and we happily agreed that. My view was we were not far off exchange back then but in the last week…
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Fostering Mortgage
Hi, just wondering if there are any foster carers on here who have re-mortgaged through one of the available specialist brokers out there..I found 2. Looking for advice to pick through this minefield. We have been to panel and been accepted as foster carers however court doesn't decide for another 4 weeks. We are expecting…
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Best method to pay back Help To Buy Wales loan?
At 27, my girlfriend and I have just bought our first house! We are seeing it as a house for life at the moment... Basic details: House cost: £170,000 Deposit: £8,500 HTB: £34,000 Mortgage: £127,500 Combined income with girlfriend: £40,000 Monthly outgoings: £1,200 Remaining savings: £5,000 Mortgage (fixed, 5 years):…
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Spanish bank takeover CAM to SABADELL
Good afternoon , I took on the developer's mortgage with CAM bank when purchasing a brand new apartment in Spain. CAM bank were taken over by SABADELL bank in 2011 ,so now this is the bank I have my mortgage with in Spain. My question is CAM did not charge a commission when I made part redemption payments. SABADELL want to…
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Mis-sold mortgage
Hello This is my 1st post but I really need advice. When I was married my husband dealt with the mortgage and I just signed on the dotted line. However we have divorced and since being with my new husband we have realised it is a interest only mortgage which to be ho eat I did not understand what that meant. I do not have…
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Santander and Experian
Hi all, I'm aware from reading on here (and the internet) that Santander only pull information off Experian - they don't tend to go to CC and Equifax (correct me if I'm wrong!). I've just logged onto my Experian to find it horrifically out of date: i.e. I was still registered to my old address despite moving four years…
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Transfer of Title concerns
Hi, Would really appreciate some advice. My wife and I have been married for 12 years and together for 16. When I met her she had her own property, as did I. I sold mine and moved in with her. After a couple of years we decided to move, but as she had 3 children of her own and her ex was contributing financially, I said it…
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Extending mortgage term - chances?
To keep it brief. Separated from partner and been trying to sell the house for a year now. 2 year fixed rate mortgage is up in September where mortgage will revert to standard rate and I can't afford the increased payments. Have a 25 year mortgage (nearly 2 years in) but I'm 42 and ex is nearly 46. Spoke to mortgage…
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Do mortgage lenders prefer loan debt to credit card debt?
I’ve got about 7K of credit card debt across two cards, but it’s on interest-free deals, mostly taken out to pay for a car – so actually all built up for sensible reasons. My accounts are a bit erratic – in and out of my overdraft, some months I save, some I don’t – but I’m on the right trajectory to pay it off before the…
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Impact of future move abroad on arrangement of new fixed period remortgage
Hi everyone, my 5 year fixed term deal is coming to an end in a couple of months time. I'm looking to arrange another fixed term arrangement probably with my existing mortgage provider probably for 3 years. Next year, it is likely that myself and my family are going to move to Australia for a couple of years to see if we…
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Advice on remortgage with planned move in 2019
We're wondering if anyone would be able to advise on our current house situation: We bought our house (as FTBs) in November 2016 for £255,000 on a 2 year fix (Nationwide 2.09%), with a £160,000 mortgage. We've been overpaying slightly, and reckon by the time our fix comes to an end in November 2018, we'll be down to about…
