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Mortgage offer.
This offer is issued on the understanding that the following commitments will be repaid on or before completion of this loan:- Credit Card with bos with an approximate balance of £2000 While these debts may be repaid from the proceeds of this loan, they may not be transferred to any other lender. Your ability to afford…
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Remortgage and debt management
Hi everyone, I’ve had a quick scan of the boards and couldn’t find anything that matches my question (s) but I do apologise if there is a thread already out there. Love these forums and appreciate the amount of effort people go to to offer advice so I’m hoping someone can help. Behold, my life story... My situation is as…
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Residual Interest Query
I am looking for advice. I have a mortgage for £142,980 at 2.79% fixed for 10 years with a major building society. The monthly payments on this are £1,169.70. Interest is calculated daily. The issue is what they call residual interest; that is the amount of interest charged from when the funds were sent (May 9th 2018) to…
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Pepper Mortgages new application
Hey all I don't have the cleanest credit ( hence why we are using Pepper mortgages ) we are currently with precise who are excellent Decided to buy a new house - spending (3.9 times joint income of £107k ) but I have 3 defaults left on my file now from 2014 :-( no CCj and no areears for 24-36 months . Kensington is also an…
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Contractor
Hello all, I am looking to start contracting shortly for a rate of £350 per day. This rate is easily achievable with most contracts paying up to £450 per day. Just wondered what chances I have of getting a mortgage and who the best lender would be? Looking to borrow around £220k with a £50k deposit, no others debts.…
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Mortgage. Unsecured and secured loans
I 1st got a mortgage with northern rock in 2006. It is now with landmark mortgages. I still owe 80k in a secured loan and 15k in a unsecured loan. If I was to sell would I need to pay up the full amount or just the secured loan ? Also the same question if I wanted to remortgage. Can I remortgage the secured loan or does it…
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Mortgage Application with multiple addresses
Hi guys! We've finally had a offer accepted (:beer:) and looking now for a mortgage. I've been looking at the documents required tonight and worried that I'm going to have problems because of multiple addresses on my documents. Basically the flat I've been renting has a single mailbox for several flats and mail is…
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Applying for savings account during mortgage application?
I am hoping to have my house sold within the next few weeks. There will be a gap of up to a few months before we complete on our purchase so I have to find a temporary home for a large sum of money. So the plan is open a savings account for my wife and myself now in readiness. However we applied to port our mortgage with…
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Mortgage steps
Hi, I applied for a mortgage recently and now after long process they said the under writer is happy and passed it to the offers team. Is this the last step before the offer received? any advice appreciated Thanks
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Income multiples
Hi,. I am looking for a remortgage. My income is 20k. Mortgage looking for 95k so that's 4.75. Over 30 yrs. Last house valued was at 275k. My partner is not working. We have 2 kids aged 7 and 9. We are in receipt of CTC and child benefit but I have heard so far lenders will not take into account because it won't last for…
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Getting mortgage with 1 self employed and 1 employed
My partner and myself are looking into buying somewhere for the first time. We'd be looking for a flat that would be a maximum of £230000. We have saved a deposit of £70000, so would need a mortgage of £160000 at most. My current salary is £26000 and my partners is approximately £35000 (but this is variable as he is self…
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Home ownership 44+?
Hi. So very long story short, we had a mortgage on a house in our 30's. The house turned out to be an absolute moneypit (poor decision to buy, needed a HUGE amount of work to bring it up to standard and the roofer basically ran off with thousands). Anyway. We sold after carrying out all the rennovations and came out with…
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Transfer mortgage offer to new house?
I had a mortgage offer on a house but the sellers have pulled out due to problems higher up in the chain (still unclear to me). I have found a cheaper house I want to put an offer on. If it is accepted can I simply transfer the mortgage offer to the new house , subject to a valuation of course? Or would I be looking to…
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Getting a mortgage and payday loan?
Hi, has anyone had any experience of getting a mortgage with a payday loan? I had a payday loan about 8 months a go, as I!!!8217;m only 20 I didn!!!8217;t even realise at the time that it was a payday loan - it was literally the first site that came up when I searched for loans. I needed it to pay the excess on my car when…
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is there any control over increase on SVR
I was on a fixed rate which finished in April 2017. Since then my mortgage provider has put me onto SVR and added 3 increases in a year! Are they allowed to just whack the rate up whenver they feel like it?
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Right to Buy and Council delays
Hi there, Just looking for some advice. In January 2018, I started to buy my council house. I have the mortgage in place and even have an extra loan for home improvements. In January, March and May I have written to the council to ask if they could tell me if the property is underpinned to which I have received no reply…
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Getting a second property, can we close off/transfer my existing mortgage balance?
Hi We are looking to buy a second home as our primary residential home. Our current mortgage is 87k and the market value for our existing property is around 385k. We are looking to buy a property around 375-400k. The plan is to rent out the first property but I would like to know how it would work with the mortgages and…
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Re Mortage new lender - payments
Hello, I am hoping some will know the answer from experience I have changed mortage provider and on 4th July my mortage changes from Santander to First Direct - FD said I make first payment on 4th August . At present I pay Santander on 5th each month so June 5th was my last payment I believe Enact said everything is in…
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Paperwork
Hi, My fianc! and I are hopefully about to embark on buying our first property soon. Our filing is not the most organised and we feel a little clueless - what paperwork/information will we need to provide - payslips I assume - how far back though? Any tips on feeling more prepared appreciated. We have tried to read up but…
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Masthaven bank Mortgage
I just want to give an advice to anyone planning to apply for a mortgage with Masthaven bank. this bank a bit slow i,DO NOT believe what they says on their website about processing time. I applied for a mortgage with on 25th April for bad credit application, my credit is Good 425 on Equifax my wife had dispute with virgin…
