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help, what to do with mortgage?
ok situation is: own a house that have been renting out and now want to sell. the house has been on the market for 9 months, which isn't unsual in this area. the tenant has now decided to move out and has bought there own place. im now staring at an interest only mortgage that has gone from about £280 per month to £350 due…
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Mortgage statement for tax year
Hello For filling out a self assessment form, I need to know how much interest has been paid on a buy to let mortgage between 6th April 2017 and 5th April 2018, however my mortgage statements for each year run from 1st January to 31st December. How can I extract the information needed for the self assessment form? If the…
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Advice on HSBC/FIRST DIRECT or METRO
Hi, I am due to remortgage (80% LTV) 144k against value of 180k. Thoughts on Two Year fixed vs Five Year Fixed. I am contemplating not moving and not selling the property and maybe renting out say in 3-5 years. Thoughts on all three lenders please. They seem to be at the top of the tables when searching. The rates flit…
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Mortgage Advice
Hi All, I am three years into a four year mortgage product and looking for advice for when my deal runs out. When the deal is up I should owe just under £60k on a house which is worth around £150k. I also owe £33k to a family member who sold me the property at a reduced price. I will be looking to move home but would like…
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Estate agent forcing me to attend mortgage appointment to prove I am financially qualified?
Hello Came across a house on Rightmove that I want to view. Called to set up a viewing, and was told I had to attend a mortgage appointment at their estate agents first, to prove I am financially qualified I called up next day to cancel the mortgage appointment, and just keep the house viewing appointment, but I was told…
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Selling question
We have just sold our house and moved I to our new home, was wondering how long it takes for the remaining monies we have made off the equity from our old home after the solicitors fees and stamp duty has been deducted.?
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credit check for remortgage
Hi, I know I won't get a definite answer unless I try to apply. I don't have any debts apart from the existing mortgage but had 2 defaulted accounts in the past. They're closed now (satisfied). Do you think I have a chance of getting a mortgage? Thanks.
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Remortgaging with Help to Buy equity loan
Hello, I'm looking to remortgage but finding it difficult to find providers who offer remortgaging with a help to buy equity loan in place. The original mortgage is with Virgin Money - I'm not desperate to move away from them, but trying to find other quotes to compare to, to ensure we have got the best deal available.…
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Please help mortgage advice.
After some advice please. So Sorry this is such a long post!!! I’m so stressed, I don’t even know where to start!!! Bit back ground, I am in the process of buying my first property (joint mortgage with my husband) We found a propert in May which was leasehold with 74 years left on the lease. At this point we were advised…
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How to get an £80,000 mortgage with large deposit
Hi, If anyone can point me in the right direction it would really help me! My mother is selling her existing paid off property (this will sell for about £220k). She wants to invest £200k in a house. She is 70 this year. The new house would be in my name and is about £280k. I would need a mortgage for £80k ish. My income is…
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Interest payments not decreasing
Hello. We had a mortgage of 154k . Mortgage is calculated with daily interest. Paying about 175 to 180 a month with a rate of 1.4 I believe . We're almost a year in and with regular payments plus some overpayment we've cleared about 11k however I am seeing no reduction in the amount being added as an interest charge every…
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Staircasing Help To Buy loan
I'm most of the way through this process; valuation on property done, admin fee paid to Target (loan company), mortgage in principle in place and redemption forms received. According to the instructions from Target, I HAVE to use a solicitor to complete the redemption process. Is it a legal requirement that I use a…
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Personal Independent Payment
My husband works full time but also receives personal independent payments due to an eye condition which has resulted in him being registered partially blind. His work are aware of this and there is no issue with his job. When looking to move house next year do mortgage companies take into consideration this money towards…
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Mortgage application with Lifetime ISA
My husband and I are first time buyers and rather clueless when it comes to house buying and mortgages etc. We both have lifetime ISAs. Mine matured in September and my husband's is due to mature in the first week of November. We currently have a 9% deposit including the government bonuses, but by the time his ISA matures…
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Missives not signed due to waiting for Halifax response on Gift Deposit
Hi All. So we're FTBs in Scotland and are currently buying our first property. (move in date of 9th November) Here's the timeline so far. 16/09/18 - Seen Property 17/09/18 - AIP approved from Halifax 18/09/18 - Offer submitted on house 19/09/18 - Offer declined 20/09/18 - Revised offer submitted 20/09/18 - Offer accepted…
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currently in overdraft (but paying off soon) and remortgaging soon
Hello all. I know overdrafts are discussed regularly here but I couldn’t find an answer for this.. I am currently in my agreed overdraft every other month or so 50-150 overdrawn but if I was strict I could easily stop this habit. I currently am very overdrawn (£800) as my wife's tuition fees are due and her work hasn’t…
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Change Mortgage Before Fixed Rate Deal has Completed
Should I look to finish my current mortgage deal one year early, pay the penalty and set a longer fixed rate to help brexit proof my finances?
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Mortgage declined
My husband has applied for a mortgage in his own name on the property we are living in as it is currently in joint names with his ex-wife. His ex doesn't pay towards it and hasn't done for at least 6 years. They have a secured loan on the house too and because of Elderbridge we lost the first mortgage offer from our…
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Girl Moving into Owned Home
Hello Got a situation here I wonder if anyone could help me with.... In a nutshell, my girlfriend and her small child have moved into my home recently. My home is owned and I paid off the mortgage last year, which is entirely in my name. She has stated she will pay me £300 per month towards bills by direct debit, on the…
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Halifax Time scale
Appreciate it might vary from case to case...just wondering the average time scale remortgage with Halifax via a broker. Papers were E-signed yesterday and hoping the application will be on its way...seems a reasonable deal (feel free to educate me) 1.96 % fixed for 5 yrs and its potable,valuation and solicitor fee free.…
