-
When will I find out if the property is down-valued?
Hi there! I’m applying for a mortgage having had an offer accepted on a property. The valuation report landed back with the lender seven days ago and since then they’ve asked for a few more documents from me regarding my salary, job etc. Question is: if the surveyor has down-valued the property would they decline my…
-
i need to get my wife off the mortgage
my wife and I have been divorced now for over 8 years. her name is still on my mortgage even though she moved out when we seperated. I initially had the mortgage soleley in my name and added her on even though she had no income in an attemot to give her some stability... she doesnt even know her name is on there...however…
-
Should I take out another fixed rate term or stay on SVR?
Hi, I'm new to the forum and looking for some general high level advice... I personally took out a 2 year fixed rate mortgage with Halifax in Sep 2015, which upon ending in Sep 2017 I decided to stay on the Standard Variable Rate as it was our intention at that stage to move quite soon and buy a new place with my partner &…
-
Endownment claim company has contacted me?
As above but they want a hefty 30% for claiming a misselling and have read the thread regarding this. The only problem is the endowment policy was over 20 years ago and I am !!!!!!ed if I can remember how I got it, all I remember is it wasn't connected to a mortgage! Is it a lot of aggravation claiming or fairly easy?
-
New build FTB
Hi , We have received our DIP from Barclys and will be reserving a new build property next week, £500 non refundable - valid for 28 days. Covering worst case scenario. What happens if the full mortgage application is declined? Has anyone else been in this situation? Thanks L
-
1st Mortage - Investment Property?
Hi There, I am lucky enough to be in a financial situation where I am ready to buy a property - however due to other things (not being settled in one location) I am in a living situation where it doesn't make much sense. Is it possible for me to gift the deposit money to someone else (father), cover the stamp on him buying…
-
Question regarding divorce and ex moving new partner into the property
Hi, I am just looking for any info about the following scenario and if anyone has been through this personally that could offer some guidance? I went through a divorce 4 years ago and my ex wife kept the marital home that we have a mortgage on. To date, we are both still named on the mortgage and she lives there with our 5…
-
Question regarding Joint Tenancy and Seperation from Ex
Hi all, So this is a bit of an unusual one and I'm sure the answer will be seek legal advice but I'm just wondering what other experiences others have had with this. So prior to getting married, my ex and I entered a joint tenancy mortgage for a property that we lived in together. I paid in about a 3rd of what she did for…
-
Remortgae to move while in debt
I would like to sell my property and move but I am in a Stepchange debt repayment plan to clear my debt. Anyone know if I would be able to approach any companies that could help me.
-
Single applicant with Fiance
Myself and my partner are currently renting privately which is due to end at the end of the year. I have applied for a a mortgage in my name only as my partner has a satisfied CCJ from 2015 showing on her credit report. We are not financially linked in any way having checked myself with all 3 credit agencies. So I will be…
-
Underwriter taking an age, help pls
Back in May I had a mortgage offer fully approved for the purchase of a house, however the vendor pulled out of the sale and this mortgage offer expired. I then had a seller accept my offer on a property in early August and applied to the same lender for the same amount, however the property is worth a little more than…
-
Financing an extension
I wonder if anyone has experience of financing an extension to their home. My wife and I are looking to extend our home. From what I have seen from a couple of lenders, we can borrow around 85% of the equity in our home. However, this falls short of what need to do the extension we want. We both have separate additional…
-
Second mortgage same provider ?
Hi I own a house which I am planning on renting out long term. I am currently renting a house to live in myself . I am thinking of trying to get a second mortgage to buy a home as rent is expensive- Would I be best to approach my current lender - nationwide - or is it better to seek a separate one for each mortgage - or…
-
Legal fees on a remortgage?
I'm arranging a remortgage (not a new purchase) on my home, and have just got the estimated fees through from the panel law firm, which are coming out at £685 plus vat, ie £822, not including disbursements. I haven't remortgaged before so want to know Is this typical? The lender told me to estimate around £120 for legal…
-
Second property
My husband and myself are Mortgage free and our house is worth about £400000. We are both in our early 50s. Two questions can we take out a mortgage to buy a second property, we don’t have any deposit, just our current house. Or could I take out a mortgage with my daughter and her partner to enable them to buy a property.…
-
Mortgage LTV after DMP/defaults
My partner and I paid off our DMP last year and our now debt free, we have 3 x defaults on file, one settled in October 2014 and two settled in April and June 2015. We have recently sold our house and have made a profit but are renting short term whilst we look for something to buy. When I've spoken with a financial…
-
Is this the cheapest mortgage out there?
I have a 27% LTV, I am looking for the cheapest rate & productive/admin/etc fees, - in order to pay off as much as possible over the next two years. Leek United are offering a tracker 1.34% over 2 years with no product fee. It's the cheapest that I can see, - anyone know of anything cheaper? Rgds
-
Planning for future house move
Apologies in advance if this is long, I will try my best to be concise, but I am struggling with fiding the information I need online and hope that you lovely helpful people will either be able to clarify, or point me in the right direction of a professional advisor. Current situation; I live in a 75% shared ownership…
-
relocating with no new job & getting mortgage
Hello all, firstly hi as this is my first post on here. My question relates to a major change my wife and I are planning to make. Due to redundancy (mine) and a few other factors, we have decided to move back to our home area of scotland. We currently live in Teesside. We dont yet have new jobs to go to, but obviously plan…
-
Joint Mortgage With EE Default
Good evening, Just looking for a little bit of advice if possible, within the next month or 2 we are hoping to apply for a mortgage. Mortgage value £90000 (10% / £10000 deposit) Applicant 1 Salary - £35000 (approx £55000 total including bonuses and overtime) No debts and clean credit report. Applicant 2 Salary - £13200 No…
