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Can I take over mortgage and pay it off?
I am not divorced but separated for 2 years. We have a joint mortgage which he has been paying (I paid off 80k of my previous home profit upfront). I reluctantly gave up my job a few years ago due to childcare situation. He now doesn't want to pay the mortgage and just walk away giving up all rights to the house so he can…
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Lifetime Mortgage problems
hi, my father in law has an equity release mortgage with Norwich Union, because My mother in law needs more care they have to move into extra care housing and thus sell the house. they were told this morning because they both don't need extra care they must pay an early redemption fee. this seems unfair they are both…
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Do banks check past employment history?
Or is 3 months payslip from new job ok as long as you have deposit? I am currently self employed, but I do actually have a professional qualification, it was just that I hated the job and quit. Could I get a job in profession that I trained for, apply for mortgage then resign as soon as something is approved? If I have to…
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Clear cc debt before completion
I'm a first time buyer and just received my mortgage offer from nationwide . the special conditions state the following "This offer is issued on the understanding that the following commitments will be repaid on or before completion of this loan:- Credit Card with lloyds with an approximate balance of £3,500. While these…
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Gift deposit with a twist
Hi, I'm completely new to this forum and I have a question which might or might not already have been posted. Here goes. My father inlaw wants to sell his house (around 140-130k) and use (gift) me and my wife the money to put down as a deposit for our house so we will only have a small mortgage of around 50-60k. And to add…
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Offset mortgages for low earners
Hi all, I'm still probably 18 months off looking at getting a mortgage. Does anybody have any knowledge of any providers that offer offset mortgages for couples that don't earn huge amounts (£17k and £25k currently). Everywhere I have seen, it seems to be £50k+ for at least one person. Thanks
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TSB remortgage
I wondered if anyone has any experience of remortgaging with the TSB following the IT fiasco earlier in the year? We have no choice but to continue with them due to me becoming self-employed earlier in the year. I am alarmed to see that our mortgage info is no longer accessible online, that they are not doing online…
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Nervous about mortgage application
Hi all I’m wondering if anyone has any advice or previous history of applying for a mortgage with credit card debt. Here’s a bit of history Have had a natwest mortgage for 5 years and never missed a payment. AIP from natwest via broker. Broker declared on application of AIP that we will be paying off all debts with money…
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Financially, which mortgage would be the best to overpay?
I didn't want to post this in the mortgage free wannabee boards because it's not a diary as such (that will come later once i know what i'm doing). Please move if i am mistaken. I currently have a mortgage on consent to let the details are: £53k remaining current interest rate 2.53 fixed for another 2.5 years. I currently…
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Skipton remortgage
Hi,. I will be applying for remortgage in a months time. Wondering if Skipton asked to see bank statements? And what other documents do they normally require? Thanks
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Manage debt before mortgage application
Hi Can someone 'in the know' please advise on what would be the best option in terms of how a lender would view current debt levels. The situation is as follows: My wife and I are looking at moving house soon. We have approximately 15K debt spread across 4 different credit cards in both of our names. We have looked at our…
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First time buyer
Good afternoon, It is a long winded question but I will try to keep it as simple as possible. Cut a long story short my partner and I would love to buy a house together, but our finances are slightly complicated - both in stable, long term employment + directors of a (newly formed) LTD company. Combined income from full…
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2nd Home
Hello I hope this is the correct forum for this question! We are coming to the end of our fixed term mortgage and want to buy a second home abroad to rent out. We were wondering if it makes sense to re-mortgage and release some equity in our current home and we would be able to buy outright abroad? This second property…
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Signing the house over to my wife
Hi all Can anyone please talk me through the process of signing the house over to my wife. Its in joint names at the moment. Many thanks
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Advice In Case Of Seperation Dividing The House
Hi, I am sorry if this is not the correct place to ask this but I am hoping someone can offer any advice please? My Partner and I live in a house we/she purchased in August 2016. The Purchase was made up with a mortgage on her side and a loan from her parents. November 2017 we took a joint 2nd charge to repay her parents…
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Mortgage Expiration Advide
Hello, We looking to save money on our mortgage and, ideally, go mortgage-free in the near future. As we are coming to the end of our current mortgage deal in November and still have £28,000 left to pay on it, I am looking into what we might be best advised to do. I still have the option of paying a fee-free overpayment of…
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Reducing debt before mortgage application
I'm looking to apply for a mortgage in the next 6-12 months with my fiancee. Currently I have around £16k unsecured debt, a loan where I repay £281/month on which I owe around £7k and around £9k on a 0% credit card, where the minimum repayment is 1% (but I currently repay around 2-3%/month). My fiancee has no debt and I'm…
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FTB help and advice
Hi i am newish to MSE forum and would like some help :) i received AIP today from HSBC, it seemed after using a number of mortgage calulators they were the most generous? can anyone advise on most generous mortgage lenders or even a site i can compare on as a single applicant earning under 30k? Second question, i have a…
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Halifax Mortgage Timescales Scotland
Hi Guys Just a few questions from anyone who has had an mortgage go through with Halifax on a property in Scotland. Submitted an offer and had it accepted yesterday (19th) and also had an appointment to have the Mortgage application submitted too (AIP was given on the 17th). So does anyone know usual time scales for…
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Right To Buy - HELP!
My friend is looking to buy his mum's council house, which get maximum RTB discount. He has applied for a mortgage in principle through Nationwide, and has passed his credit check successfully and got a conditional offer. It now appears from speaking to the council that to get the maximum RTB discount his mum must be a…
