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Offer to consolidate mortgage arrears
Hi All, First post so please be gentle :) Long story short I had to take a year off work to care for my partner after a massive heart attack and got into mortgage arrears having never missed a payment in 17 years. We were taken to court with a view to reposession but due to the circumstances the Magistrate ordered us to…
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Leek BS Mortgage, going alone.
I will be looking to put an offer in on a house next week after just completing on my sale and moving into rented. Using the tables on here, Leek look like the best product for what I want (no get out, set up or over payment fee's and low interest rate). I did my last mortgage myself with Nationwide no problems, and…
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Adding on to mortgage
Hi My girlfriend and I live together in a house that she purchased before we were together. Her rate is up and were are due to go to the bank in a few weeks to discuss remortgaging and adding me to the mortgage. My main concern is that, whilst I can afford to pay back the mortgage (and do each month) my credit history is…
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Halifax Waiting Times
Hi Guys, Sitting patirntly waiting fro an answer, using help to buy and halifax application in. Essenitally HTB approved 2 weeks ago, AIP with Halifax before that. Valuation was carried out 16.08.18 and fully expected an answer last week. Spoke to my MB and was told the house builder didnt pass the CML form to the valuer…
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Joint Mortgage - Help to buy
Hello, I'm wondering if anyone can help me with a question about the situation we're currently in and the best way of achieving what we want :) Currently I live with my girlfriend and she has a mortgage which is in her name and her dads name (joint mortgage) We want to now move into a new house, we want to use help to buy…
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Proceeding without mortgage broker
I recently approached a mortgage broker about a new mortgage. I normally do mortgage applications myself but since this was a complicated case I decided to get advice from a mortgage broker. The mortgage broker gave me good advice but I don't really want to proceed with them for two reasons: 1) They are very expensive…
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Mortgage extension
Hi, Been issued a mortgage offer from Barclays for a 5 year fixed at 2.24%. It is for a new build property which won't be ready till around Jan 2019 however the offer expires 19th December 2018. What are my chances of extending, and how to go about it? My broker wasn't 100% confident in their answer. Thanks
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Both on Fixed Term Contracts - mortgage achievable?
My partner and I are in I suspect a slightly unusual situation (and I realise, extremely fortunate) - we have a large deposit (due to an inheritance) but less stable income. I've been working for 5 years but am about to start a job which due to unknown future funding is a 12month fixed term contract (although within the…
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Help to Buy Question
Hi, Live in South Wales and my partner and I have just put in for a house at £259k. My help to buy only pays out up to 250k outside of London and I have 4k in there, meaning a payout of 1k for houses under 250k which would be a nice help. Is there any leeway on this since our house is only just over 250k? House prices have…
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Trying to repay the mortgage quickly - confused about penalties
Long and short of it is that due to miscommunication we ended up borrowing more than we needed and so want to pay what we can off the mortgage off asap to get the interest payments down. Further background is we were told if we wanted to borrow less than we'd originally asked as we came up to exchange there was a risk a)…
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Remortgage on none morgage
Good Evening. I'm looking at remortgage my home to pay off a number of debts and some home improvements I don't have the best credit history never missed payments but only 2/5 on noodle maybe due to amount of credit I have i think I currently claim DSA and ESA and rent one house out I have two houses both with no mortgages…
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Joint to single mortgage
My Wife and I had a joint mortgage for the past 10 years. Sadly she passed away earlier this year and am now needing to switch to a single version. Someone mentioned that due to my circumstances I can now apply for a first timer type again? Surely this can't be right? As there is only me I am hoping (like everyone!) to get…
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Deposits
Good afternoon, I'm looking for advice regarding mortgage deposits. I'm looking to buy a house but don't have a sufficient deposit so my parents are going to give me the money. We've not figured out if this will be a gift or a loan yet but wondering if anyone else has done this? What evidence did you have to provide to…
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Terrified of getting mortgage decline
Hello. New to this forum but decided to sign up after obsessively reading older posts on here for two weeks! I know that I'm not going to be able to get any real comfort or answers from posting here, but I figured it would still help me to vent and perhaps hear from others that are going through/have been through similar.…
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Advice needed please
Hi there, my partner and I are currenly saving for a mortgage. I have previously taken out payday loans, around 4 years ago I took and paid off the last one. I have recently been taking Cash out of my credit card. I had no idea It would have a bad affect on my credit score. I of course will no longer be taking out money on…
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Help for first time buyer!
Hi, As the title says I’m a first time buyer. Went to see a mortgage adviser and found out my boyfriend and I could borrow 145,000. Had a bit of money saved that my mum has kept away and topped up over the years and recently sold an old VW camper van, so said she would be happy to go ahead and put the deposit down. Found a…
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Moving house with £40k debt?
I already know this isn't the easiest mortgage to place, but we weren't expecting to move for another 2.5 years and this house just appeared from nowhere. Our house is worth min £250,000, with £102,000 equity. We earn £50,000 between us. 2.5 years in to a 5 year fix with First Direct who have said due to our current debts…
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Need some advice on the ex-wife and my mortgage
Back in 2009 pre recession I bought a house with my now ex-wife and used the Halifax for the mortgage provider. 2 years later she decided to walk out and leave me penny broke and in a house that was then in £10K negative equity due to the property crash, 6 months later we divorced but couldn't do a clean break agreement as…
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Declined for a mortgage, twice?!
Hi everyone, Me and my partner have been declined a mortgage twice in the past week. We have a 10% deposit, passed all credit checks etc only we cannot secure a mortgage because my partner has a 12 month fixed term contract and no employment history (she only finished uni this summer and becomes a primary school teacher in…
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My 1.23% tracker!
What would you guys do if you were in my situation! House is worth 200k with 133k mortgage. 70K is a tracker 1.23% above BoE, so therefore 1.98%, 63k can be fixed at 1.69% for two years if I stay with TSB. Their 5 year fix is a pretty rubbish rate of 2.29% compared with 1.85% elsewhere for 5 years (but I moving I’d lose…
