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Experiences with TSB?
Planning on putting an application for our FTB mortgage direct with TSB this afternoon. I know they've had a few system issues lately, but their products look really good for us, affordability is good and our early experiences have been really positive - most importantly, their assessment process and criteria meets our…
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Green mortgage - energy efficiency improvements
Hi all, Anybody know whether these new mortgage products are available in the UK? Energy efficiency mortgages action plan (EeMAP) eemap (dot) energyefficientmortgages (dot) eu I'm a first time buyer, seen a property, needs some work done on it and currently has a really bad energy rating. I hope to buy it, and refurb…
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historical joint mortgage.
Hi everyone. I need a little advice. I have been married three years together four, and my husband's bank account is in his name but also in the name of an ex from 20 years ago. the mortgage is in both names too, which I don't understand as he hasn't had contact since they broke up but he moved 10 years ago- she is still…
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Completion date
After months going through our remortgage yesterday our solicitor finally emailed us asking us to confirm we are happy to complete on Monday next week, we confirmed but haven’t heard anything else from them. Do we take this as the completion date will be Monday???
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New MTG and money for renovations and overdraft!
Hi, Is it possible to borrow more than you need to pay for renovations of things for a new house. For example we own a house at £150,000 with no mortgage. We'd need one for £50,000 to get us a house at £200,000. Can you borrow £60,000 and keep £10,000 for new things for the house? Also, if your bank statements show you…
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Unlikely Natwest AIP
All you mortgage clever people out there just looking for some reassurance/advice. I have just had an AIP from Natwest for a mortgage via an excellent broker we are using. I am looking at the 90% LTV bracket. My credit file has 1 settled default from over 12 months ago for less than £500 and some late payments on credit…
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Buying with negative equity
Hi All, I am a first time buyer, seen a house for 180K and offered, sorted my mortgage with 20K deposit just before we agree a date for exchange my solicitor says the property has 2 charges totalling around 6K and the seller is struggling to find the 6K to clear the charge. the estate agent said they have reduced their…
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Remortgaging... but a change in circumstances
Hello all, My first post, so please be nice :D Now, for the remortgaging...my partner has been on maternity leave for pretty much the last 2 years after have two children in quick succession. She was due to return in October, but she was given working hours that just wouldn't suit us do to my own working hours. Therefore,…
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First Time Buyers - Life Insurance: Where do I start???
Hi everyone :) , My partner (33) and I's (32) mortgage has been approved and our solicitors are currently undertaking the searches. :) We are thinking about our life insurance (eek) as we are not married yet. For the mortgage, we are thinking of having joint decreasing life insurance to cover the mortgage. Then,…
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When should my 2 year fixed mortgage repayment have started?
Hi all, So basically in July 2016 we had received a 2 year fixed mortgage rate offer from the bank. We were told the offer was only valid until December 2016, however due to some complications we were able to get an extension until Feb 2017. Long story short, we got everything sorted by then and started paying off the…
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Bank Statement Question
Hi, When a lender requests bank statements, and it was say it was today 16th August, would they want the last 3 months back to 16th May ? Or do they have to be complete months? Thanks.
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Magellan Homeloans (application turnaround)
Hi All, My broker has submitted a full application today to Magellan. I can't see anything recent on any of the forum threads regarding recent use so keen to hear from anyone who has used them recently or is currently using them what their timescales are like from submission of application, to valuation, to completion?…
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Lifetime ISA funds release
Hi, Does anybody have experiences with the Lifetime ISA through Skipton? If so do you know how long it takes for the funds to be released to my solicitor once the forms are completed. One person at Skipton told me up to 30 days, another said it can take about a week.
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Age limit on mortgages
Hi, I am 48, and my partner is 58. Our mortgage deal is coming up for renewal, and it currently has 15yrs left to run. We are interested in extending it to spread it over 20yr or longer if poss, instead of 15yrs to lower our monthly payments, so my question is:- will we be refused given my partners age, or are we likely to…
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Halifax mortgage application.....anyone else going through it at the mo?
Hi all ..... We have started our application with Halifax and the valuation has been booked, My husband has logged onto experian and can see that they have checked his credit rating a few days ago however they don't seem to have checked mine? Has this happened to anyone else? Are they just Checking his as he is the main…
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mortgage settelment fee
Hi hopefully some one has some better ideas than the rubbish Santander came up with I rang them twice yesterday with 2 questions firstly how much sooner would 20,000 pay off my mortgage the answer was it would knock 42 months off, fair enought , while I was trying to work that out in comparison to when that would be they…
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Mortgage application and bank statements
Hi All, had pur offer accepted on Tuesday then met with our broker yesterday who started our application process. AIP with Newcastle BS came back fine straight away. Of course we have to submit 3 months worth of bank statements but this is where im concerned. As a background we are FTB, live with my partners parents, have…
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Re Mortgage valualtion
So we are due to come to end of our fix rate so are looking to remortgage. We got our house at a really good price so the value now has risen quite alot. I explained this to the broker and that our current mortgage lenders were using hpi to value which is a lot less than its market value. As he works in an estate agents…
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Stay on SVR or fix?
Rates on the rise so am considering fixing since my SVR now is on par with the the top 5yr fixes and looking to go higher next year. Options are 2yr fix at 1.80% with new provider 5yr fix at 2.25% with new provider or stay on SVR at 2.24% for now and fix next year Balance 150k My current providers rates for fixing were not…
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FTB Mortgage Advice
Hi all, Myself and my husband are buying an off plan house - we have reserved the plot and instructed a mortgage broker. The broker applied for our agreement in principle which was approved instantly. The house price is £318,995 and we have a £35k deposit. My question is regarding the actual mortgage application. I am so…
