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Garden
We been informed by solicitor should be exchanging contracts within 3 weeks. But there may be an issue or maybe not, have received the fixtures n fitting and property paperwork. Within this states tree to be removed on the property I assume the seller has recived instruction to remove it. But who's responsible for this us…
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Pre-2004 Mortgage - MPPI/Life Insurance - Several Bank Failings - Widowed Mother
Good Morning, I'm seeking some advice/direction from you for my mother following my fathers death in 2014. Her mortgage started in 2002 and was called a Natwest Foundations Mortgage, it was effectively an arranged credit line that allowed you to borrow up to the value of the property and pay off extra amounts when suited.…
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Fixed rate ending - staying with current mortgage provider
Good morning. When I bought my first house, I took out a 2yr fixed rate thinking I wouldn’t be in this house for very long. Of course things haven’t gone quite to plan and so I am stuck here. My fixed rate ends on 31st October 2018. I have a mortgage consultation via the telephone for free with my Building society, on 30th…
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Mortgage Liability After Divorce
I have a buy-to-let with my ex, against which there is a mortgage in our joint names The plan is to sell the house to pay off the mortgage (just!), but after 2 years on the market there hasn't been a single offer. Reducing the asking price would result in negative equity, which he's not prepared to do. The house is…
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a good news story
Hi everyone, before i start i would just like to thank this board and all the people on it - without this forum i would have been lost. my girlfriend and i were planning on buying a house Jan 19 (after she finished maternity leave for our second child) however a dream house became available on a new build site local to us…
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Mortgage Interest rate advice - FTB
Could someone please advise regarding the best deal in my situation. I have an option of going for either 2yr fixed rate at 1.75 or 5yr fixed rate at 2.14 for a mortgage of 175000. Just wanted to understand which will be the better option out of the two? I understand we cannot predict the interest rate increase in future…
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Transfer of deeds
Hi I have been split from my ex for about 10 years and they have paid nothing towards the joint mortgage in those 10 years, ive finally arranged my own mortgage and going through the transfer of the deeds form. The letter from my solicitor says “I encloses herewith your transfer deed which has been drafted subject to name…
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Equity release
Hi I don't post much on here at all but always take a look every day . I was wondering what people thought about equity release , I feel dead against it because I think it is an expensive way of borrowing money . My o/h is all for it and we are having a few issues about it as he would go for it tomorrow .
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First time buyer - mortgage advice
Hi all, I've been scanning through the forum and have picked up a lot of great advice, but I am in need of some reassurance or just some help to manage my own expectations. I'm a first time buyer, looking for 20% Deposit / 80% LTV mortgage. I've had no problem in getting a couple of decisions in principle for the value I…
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The New Homes Group
Hi, has anyone had experience using them when buying a new build? they claim to have a 20% market share on the new build market and do more new build mortgages than Halifax. thanks
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Borrowing Calculators: Reliable?
I am in the process of figuring out how much I, along with my girlfriend can borrow for our first property. After completing various online mortgage-borrowing calculators I am surprised by just how much we would (in theory) be given. Certainly more than 4.5x our combined salaries. I know that there is a lot than can affect…
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Secured loan
when i was married i took a secured loan out with my ex on a propery that i was not named on.Even though i signed the agreement on this loan and i am now divorced no longer at thjat address is there any way my name can be removed as my ex has agree to make payments.l have noticed he has defaulted on payments and its…
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Do Barclays get employer references for mortgages?
We've just been given the go-ahead with Barclays to move our mortgage to them, but I wondered if they would need to check with our employers that we earn/employment status /etc? We bank with Barclays too so they can see our income anyway, and have given them all the necessary paperwork/payslips. But I work in a school and…
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Advise Needed tenants in common mortgage
A friend of mine currently has a tenants in common mortgage where they owned 2/3s and the other person owns 1/3 however they recently died and are not getting any commutation with the next of kin. Has anyone dealt with a similar event before who knows what could happen. Will they have the right to take over the other…
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Mortgage Payment Issue
Hi All, I have a mortgage with the Bank of Ireland, however recently I had to apply via their paper process to change the bank account that my mortgage is paid from. I received confirmation from the bank on 5th August that the change had occurred, however on the 20th the payment was requested from my old account and…
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Applying for one mortgage with two different lenders
Hi there, I'm applying for a remortgage and doing it myself. Is it common practice to apply for more than one mortgage, and then, upon receiving multiple mortgage offers, to pick the one that is most affordable? I ask, because I am in the process of applying for a mortgage with two different lenders. I was doing this…
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BTL for a Ltd Company
Would this have to be a commercial mortgage? Are BTL's for a ltd company more difficult to get and are they more expensive. Thanks
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Trust Deed discharged - mortgage
Hello. My partner had to go through a trust deed process in 2011. My partner was discharged in 2016. The discharge letter is dated Dez 2016. But as a trust deed stays on the credit report for 6 years it only came off the report last year. Now we want to apply for a mortgage but we are unsure if the lenders might still deny…
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Inheriting mortgaged property
I think my question falls within several categories, but thought this forum would be the most appropriate one. I have set out my scenario below so I welcome your thoughts and comments. My father is going to write a Will soon, leaving his home in Surrey to his wife (my mum). The house is worth just over £500k, with a…
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Swapping interest only mortgage to capital & repayment
Ok so I've had a good search around this thread can't seem to find the answer although I'm not saying it isn't there. Here goes, My partner and I have a 60k interest only mortgage on a property valued at approx 110K interest rate is SVR 5.0%, equity not really an issue. My question is can we ask to swap from interest only…
