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Further advance on a new mortage
Hi everyone I’m currently in the process of completing on my house with a NatWest mortage. House is £350,000 and I’ve got a mortage for £137,000 (I put £213,000 as a deposit). It’s due to complete within the next week or two. What I’d like to know, is how quickly can you apply for a further advance on the mortage? An…
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Interest charges - input needed
Hi We're with Nationwide on a 2 year tracker @ 1.99%. Mortgage has 20 years to run as of this month and Interest is calculated daily on an outstanding balance of £74,366.89. Just wanted to double check what our monthly payment should be and how much daily interest should be accruing based on this picture. We obviously have…
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Bit confused about base rate change and general mortgage process.
Hi all, FTB here. Near to where I am currently renting a few flats have sprung on the market, I have been saving for a while now and have £20k saved up - but though I have previously looked at properties, moving hasn't been on the cards for a while. Last time I tried looking at properties (probably 9 months ago now) I was…
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Which? Mortgage Advisers
Hi, This is a feedback thread for mortgage broker: Which? Mortgage Advisers Please share your experience with other MoneySavers. Click reply to take part: - Was completing the online form easy (and quick)? - Were you happy with the results returned? - Was the process from start to finish smooth, or did you experience…
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HSBC Mortgage
So, I have spoken to my mortgage broker this morning about my application with HSBC. He told me that everything was on course and that the only thing they were waiting on now was the valuation survey on the property we intend to buy. He said he can’t foresee any problems coming from it. He said once the valuation survey is…
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Mortgage company for home with annex
Hello there, we are in the midst of selling our house and buying a home which has a separate annex which we intend to use for my brother who has MS and will eventually come down to live with us. The annex has its own council tax and now eight weeks into the process with first direct they complete a survey for mortgage…
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Transfer of Equity after divorce, child involved
Hi all, I'm in need of a little advice before I instruct solicitors, so I know where I stand. Here's the story: Ex-wife and I divorced 3 years ago, we are jointly on the mortgage together (200k house value, 95k mortgage) but she hasn't paid any since she left. I live in the house with my 5yo son, in the divorce we agreed…
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Minimising stamp duty??
Hello all, first post on here, so bare with me ... I have a property in my name with no mortgage. I have a few others that I rent out. My wife has no properties in her name. We want to buy a bigger house but keep our current one to rent it out. I need to re-mortgage (BTL) the current house to raise funds for the deposit…
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So confused with remortgage options
Before I begin, I just want to say I've read through several guides for help on this, but it seems that there are lots of options suggested and I'm getting a bit confused about which the best is. I was hopeful that someone here might be able to help before I go into my bank (I'm not always sure how helpful they are when…
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Architects Certificate
I am in the process of purchasing a new build property that will only have an architects certificate rather than an NHBC. My solicitor has told me my lender is fine with this, however, my question is when it comes to remortgaging, will some lenders not accept a remortgage based on it only have an architects certificate?
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1st time buyer 10yr fixed rate 10yr length. Crazy?
Hi all, Wanted some advice on what you think about my current situation. I'm a 40 year old married first time buyer (wife not working), currently living with my parent's. I'm looking to buy a house worth no more than £400k. I have £275k savings and am thinking of using £240k of that as a deposit, so £35k remaining for…
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Joint mortgage. Not married, Separating. Ex claiming half. Advice please.
Hi, I'd appreciate any advice anyone can offer on this situation so I know where I stand, before arranging to discuss further with a solicitor, if required. I am separating from my girlfriend and we are have a joint mortgage, which is the area of contention. I paid the 25% deposit and have paid approximately 80% of all…
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Buying parents house
My parents owe £50000 on there mortgage house is worth about £90000 they have 1mth to pay remaining amount but don’t have funds question is can I get a mortgage for the £50000 they owe and will I have to pay any inheritance tax
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Still not received the contract from our sellers yet getting slightly worried.
Hello, After two weeks of being stuck with underwriters we have finally had mortgage approved and amount we needed and valuation has come back fine. Trouble is our sellers solicitor has still not sent copy of the contract yet our solicitor has written to them again today. There is no chain involved the property we buying…
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Mortgage in one partners name?
My husband and I hope to buy a house in about a year but His income is good / mine not so He has a permanent job / I'm on a fixed term contract His credit history is fairly good / mine is poor We also have monthly commitments in the form of school fees. Messing about with mortgage calculators it seems if we did a joint…
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Not on the electoral role - can I get a mortgage?!
I’m so distraught and confused right now! I’ve found a share in a property that is well within my budget. During filling the forms out with family, it’s dawned to us that I’m not on the electoral role and now I’m wondering will I even get this small mortgage? I’ve lived at address my whole life I’m 25 years old. I moved to…
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Nationwide Mortgage Offer - Special Conditions
I have just had a mortgage offer through from nationwide. During the application process I advised that we have in total, across 3 credit cards, around £4,400 owing When asked how much we would pay off before the mortgage I said approx. £65, £20 and £20 across the 3 cards I have now had the mortgage offer through and under…
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Could I get finance for a new heating system if I've just been accepted for mortgage?
i guys not 100% sure if this is the right thread to post on but didn't know where to ask! So I've just been accepted for a mortgage with my partner and just waiting to get a move in date. We know that the house has old electric storage heaters and these need replaced (not immediately) but I'd like to do it sooner rather…
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Deed of Trust needed-HELP!!
I have been trying to get my head around this for almost a week now and just can't work it out. I am adding my boyfriend onto my mortgage so we can raise additional funds for work on the house, clearing my debts and paying off the remainder of what is owed to my kids father. I have owned this house for 11years which I…
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Good credit/Mediocre Credit
It appears there is isn't a correct answer to this searching on google but any help appreciated. I am married and have a joint mortgage with my wife. This was taken out in 2009 before we got married (in Jan 2015). In March 2015 I defaulted on a CC (I was self employed at the time and the industry I worked in was going…
