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Unequal share in ownership
Hello, I am looking for help in this situation if anyone can confirm: Me and my girlfriend are looking to buy our first flat in London. We would be taking a shared mortgage and repaying it 50/50. Having said that, we would be looking to have ownership of the flat itself in parts 1/99%. Is this easy to arrange, is…
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Betting transactions and getting a mortgage
Hi, with online betting being as big as it is now-a-days. What are potential mortgage lenders views on betting transactions being on our bank statements?
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First time buyers.
Hi good morning. Myself and my partner, are looking to buy our first property. We earn £30,000 per year between us and currently reside in Exeter in a rented property do you have any advice on our first buy? We've been to the bank and they'll give us a mortgage of £95,000. Please any helpful tips/advice would be really…
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Overpaid interest only mortgage - is it a scam?
Good morning all I have just seen a Facebook post about interest only mortgages and miscalculated interest claims. Is it a scam to collect your identity or is this a real possibility? Many thanks Wendy
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Mortgage Offer Extension Withdrawn after Exchange of Contracts
Hi, my brother has had a bit of a nightmare with a house purchase, they are first time buyers with no history of credit issues, both full time employed etc with no change in circumstances. Due to various chain-related issues, their original mortgage offer expired, and they applied to Barclays to have it extended in order…
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Self employed FTB
Hello I have a deposit But the bank won't lend me very much because my accountant reduces my income to a few grand a year for tax purposes The bank said to have a word with accountant to not reduce my income and then re apply next financial year... Any other suggestions ?
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missed credit card payment mortgage application.
I sold my currently property a few weeks ago (currently going thru survey etc) which I owned with my ex. We both will make around £120k minus fees. Moving forward I would prefer to buy somewhere and have seen a flat that ticks the boxes, but I don't want to put an offer in unless I can get a AIP. Purchase price aprox £215k…
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What are the chances of us being accepted?
*** WE HAVE BEEN ACCEPTED!!*** I am looking for a bit of advice as to whether you think our application may be accepted or declined... My husband and I are trying to buy our first home using shared ownership. We were initially going to do this solely in his name as he is on a permanent contract and i am on a temporary…
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Getting a joint mortgage with poor credit
Hi, looking to buy a house in the next 6-12 months. my credit limit is poor and my partners is fine. does anyone know specialist mortgage advisers that deal with such issues or does anyone have any advice for me. we will have saved 20K by the time we are buying and the house will probably be in the 200-225K bracket. thanks…
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They want my bank statements!?
My partner is applying for a mortgage in his name only, we live together but we decided that I wouldn’t apply for various reasons, one being my low income (recently had children and had to take a pay cut) and that I’ve got a poor credit rating. The mortgage lender are now asking for my bank statements and my national…
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Virgin Money Mortgage Rejection
Hello I will be switching mortgage deals, and probably provider, in December and have been looking around for some potential rates. I noticed some long fixes (10 years) at 90% LTV on Virgin Money and performed an eligibility check which included a soft search. Both my wife and I have no issues on our credit file, all…
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Negative Equity
Hello I was just wondering if any could give some advice. My partner split up with her ex husband 10 years ago and moved out the house they had bought. H e was unable to get a mortgage on his own so my partner said as long as he was paying the mortgage she would stay on the mortgage as it was a amicable split. 10 years on…
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Mortgage pay off advice
I was looking to get advice on what people thought was my best option on my current circumstance We are very lucky enough to pay off our mortgage in full but don!!!8217;t know if I have any benefit paying the mortgage off now or waiting until next year or even later. Current mortgage standing at £83k (2.59% interest rate,…
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Applying for mortgage with credit still showing
Hello I am looking to apply for a mortgage that I have an angreement in principle. Earlier this month, I bought a £11,000 car using my credit card, but I paid it off in full within a week. During that week my credit report updated to a £11,000 cc balance that is still showing even though it is paid off. Now when I try to…
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lloyds mortgage overpayments
Hi all, I want to pay off my mortgage as quickly as possible so I have been overpaying on my C&G mortgage since 2009 by £200 per month. This mortgage has now been taken over by Lloyds who have recently reduced my payments by £150 per month. I only noticed when I received my annual statement. This reduction is surely going…
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Delays at Land Registry
Hi all, I am writing on behalf of my partner - I understand most but will do my best to give you the full story! My partner bought a house with his ex-partner some years ago. They have no mortgage on the house and all of the equity was hers. Therefore, even though his name is on the deed, he does not want/have any share of…
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Hsbc mortgage application
Does anyone know exactly what DECISION OBTAINED means on an online mortgage application? It is going to underwriters. Also, we are older borrowers but have superb credit scoring and history - no debt whatsoever and solid incomes (pensions). LTV - 44%. The HSBC say they don't have a maximum age limit for re-payment - is…
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FTB Poor Credit Mortgage Declined advice
Hello, So Myself and my wife have found a house! Its £100,000 and we have £5,000 for the deposit, so obvioiusly we need a 95% LTV Now the issue lies with me...I Have an experian credit rating of 713 and am 28K in debt, with Car and credit. I earn 34K a year. My wife earns 17K a year and has no debt and an experian rating…
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Mortgage for OAPs
Hi Just a bit of advice required really. We currrently live in Bulgaria - we own a property in UK (mortgage free) which is currently rented out, my husband (aged 65) is on a pension of approx £25,000 and I earn approx. £10,000 pa self employed which I declare through HMRC. We are thinking of relocating back to UK, selling…
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Mortgage Or Loan?
We're looking to sell our property and the plan is to downsize and have no mortgage. We will be around 30/40K short for the property we want to buy. So my question is, do we apply for a mortgage or a loan? My hubby will be retiring but I plan to carry on working for at least another 5/10 years.
