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Interest added to first mortgage payment
Apologies if this has been posted before but I can't find it!! We are first time buyers buying a new build which should be ready by Spring next year. We have been offered a mortgage with Halifax which shows that our first monthly repayment will be approx £400 more than the the rest of the months. When I asked my mortgage…
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Extending mortgage offer
Hi all - we have a mortgage offer with platform due to expire next Saturday. How easy has everyone found it to extend? Do they require you to say for how long? We need it extended for a matter of days rather than months (should have exchanged Wednesday, excuses from solicitors you know the score..) we need to apply for…
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Mortgage provider have taken CHAPS fee - is this a good sign?
Our mortgage provider has taken the CHAPS fee, but the update from our broker is that our documents will be assessed by close of business on Monday. After that the application still has to go for 1st assessment to the underwriter, I believe. Is it normal for the CHAPS fee to be taken so early in the process? Is it a sign…
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All Markets Mortgage Brokers
Hi I am looking for recommendations for whole of market mortgage brokers in London/Greater London area, I would be grateful the help. Thanks and Regards
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Buy to let mortgage
I am currently in the process of getting a buy to let mortgage which in time I would like to turn to a residential mortgage. The property is in needs of works and an extension. Am I able to do this while it is on a buy to let mortgage or will it effect me when I come to changing it to residential. Any help would be…
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New job after mortgage offer?
I have just received a formal mortgage offer but have also just been given a job offer, literally 1 day apart. The job is almost exactly the same and at a salary at the same/slightly more than my current position. The only difference is the company. If I were to take the job, I would probably end up starting in around 3…
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Santander Mortgage Declined
Hi, After 3 weeks of waiting Santander declined our mortgage. Reason of the decision says Head offive review Failed FCO decline What does this really mean? My MA doesnt give me a clear answer and I had to log in to intermediates to see this information.
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First time buyer and New Build
Hi, Me and my husband are first time buyers and we have reserved a new build property. We were told we could pay soo much deposit on exchange of contract and then pay the rest a few weeks before completion. Im ok with that. My worry is if we will get approved for a mortgage. We have 2 decisions in principle, 1 with halifax…
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Too many associated addresses?
Going to be applying for a mortgage in the next 6 months or so and looking at the various hiccups likely to happen. From 2002 - 2009 I moved around a lot - changed student flats regularly, had spells back home and at a flat my mum owned. I then lived abroad for a few years before returning in 2014 and have lived in 2…
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Second mortgage whilst keeping first
Hello everyone My situation is this, I currently have a mortgage with 3 (dad, mum, sister) other people on the property we currently live in, it is a very big house. I recently got married and my wife and I are looking to move to our own place and let the parents stay in this property until retirement. Sister has already…
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Halifax Credit Score Test
Hi, I have been attempting to get an agreement in principal arranged on a mortgage with Halifax but I have been rejected due to a credit score fail. Does anyone have any idea on how this works and what the 'pass mark/criteria' is? Thanks
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Using more than one advisor
In over six months' time, the mortgage will be up for renewal. This time we plan to put my wife's name onto the mortgage and house. I was planning to use the same mortgage advisor as last time. However, I've also had a chat with a financial advisor about savings and life insurance, and they will also cover mortgages. He's…
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She wants out i want to stay
we are not married but we have a joint mortgage which we have about 100k equity in the house ie we owe 149 k and its worth 250k She says she will go if i give her 45k to which i want to do as i love the house i am in and would sooner stay if possible than go down the help to buy route How does one approach this ? do i…
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Loan or gift to help buy house
I own a house that I am selling which has well over 100k equity in it. However to avoid losing my dream house my parents have kindly agreed to lend me a 100k I need for towards the deposit of the new house. The loan would only be repaid if and when I sell current house (it has a 50k mortgage on it but selling it for over…
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Remortgaging - why pay my mortgage twice in one month ?
I’ve recently remortgaged my property. My new lender is Nationwide and the completion date was 1st of June. Last week I received £359 back from Santander but I’m not sure why. Today I had a letter in the post from Nationwide to say that on 21st of this month a mortgage payment will come out. Then another mortgage payment…
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Obtaining a mortgage in principle without an sa302?
Hello, My other half and I have recently had an offer acceptable on our dream home. The offer is subject to the sale of my current property. My partner has been using a family friend who does some level of mortgage advisory service as part of his business. He was initially confident we would obtain a mortgage in principle…
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Clydesdale Mortgage???
Has anyone applied for and been accepted for a mortgage with Clydesdale Bank recently - I keep reading horror stories of how long it takes to get an offer through. Just wondered if anyone had a positive experience using them recently and roughly how long from application being submitted to receiving an offer? Our…
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Credit card and ability to get mortgage.
Good evening. Looking for some help, as i'm getting conflicting advice. I am looking to sell up and move home. I've spoke to a mortgage broker who has found me a good mortgage for a new property that i am interested in. I'm now at the stage where i am instructing estate agents to sell my current property. This is a online…
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Continual issues with Nationwide
I have purchased a help to buy property with a mortgage from Nationwide. During the application the mortgage adviser (from Nationwide) didn’t know how to deal with a £1k incentive and so reduced the selling price down by the incentive. I noticed the incorrect sale price in the key terms straight away and asked that it be…
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Aldermore remortgage declined - incorrect information
Aldermore have just declined our re-mortgage application, after valuation survey, stating that my husbands business is insolvent. After a huge panic, we have discussed with his accountant who states they are not. To give you some background, my husband has been self employed for 10 years, but became the Director of a…
