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what to compare in remortgage deals to find the best deal
Feel free to facepalm before answering :D but I cannot figure out what numbers to compare between various mortgage deals available (for remortgages) in order to find the most suitable deal for me. I have searched the forum, I have googled and read various articles but can't find this information. I mean do I just compare…
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Is a let to buy suited?
Hi All, I'm new here. :beer: I am wondering what to do next, I am due to go and book an appointment with Barclays, who I currently have a mortgage with but I know that their advice could be bias towards their own offerings and so on, so I wanted to get some non bias advice on here. I currently own my first home, which I…
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Calculating percentage split of property
Hello, please can someone help with the following question about calculating how to share a property? 3 years ago, my partner moved into the house that I have owned for 18 years and for which the mortgage term is due to finish in 5 years. We are now trying to arrange a fair ownership by either becoming tenants-in-common…
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help with remortgage please
hi i know this is going to sound ridiculous already but struggling at the moment and feel like we are 'stuck' i would really appreciate any suggestions i have a joint mortgage with my husband currently owe 98,000 house worth around 200,000 we are paying 980 to santander with 10 years remaining we are also currently on a…
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Transfer of Equity - two solicitors?
Hi, My partner (i guess now ex-partner) and I have separated. Thankfully everything is amicable and we have come to an agreement that I will keep the house and pay her a fixed sum for her half. Hurdle one for this is getting the mortgage company to agree to this and that is underway. I've been trying to get quotes from…
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Mortgage Affordability + HTB Equity Loan
I am sure this has been discussed already but I couldn't find clarification after searching. Would getting a Help to Buy Equity Loan affect the amount a mortgage lender is willing to give me? After all, in the sixth year I'd start paying out a relatively hefty annual fee for the loan, which would presumably affect my…
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Reasonable amount to remove name of a mortgage?
Me and my friend bought a house together in 2007 and I reckon it's now in negative equity as it was a interest only mortgage, it's probably about £5-10k in negative equity so therefore, if one of us took on the loan and remortgaged there's no equity to split and pay the other off. If I was too look at taking on the…
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Miss selling
Just wondering if anyone can help. A friend of mine has a mortgage that was taking out 29 years ago by his parents. The company has changed hands on a number of occasions. His father had an endowment mortgage but was confused when he took it out, he was lead to believe that it was a mortgage with life insurance. So after3…
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Inconsistent addresses when applying for a mortgage
Hi all, Understand this is in hindsight a very avoidable situation, but we are in a predicament none the less. We have recently received quotes for a mortgage and passed an affordability test, from which we have began our property search, found an amazing property and had an offer accepted. Yesterday advanced our mortgage…
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Commission based mortgage query
Hi all, I have found a property I’d like to buy for £325k, I have a deposit of £40k and am finding it hard to borrow the amount I need for the property due to the fact that the majority of my earnings are from commission. I have been with my current employer since February ( 8 full months), my basic salary is £19,500 but…
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Exchange question...
Got a question regarding exchange. My solicitors are requesting original signed documents ( they are far away from me ) , post has been a nightmare and they have gone awol! My question is; I am in touch with the vendors who want to complete ASAP. Could I not take the contract and TR1 to the vendors solicitors signed and…
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Help! Declined mortgage after AIP after discovering poor credit
Hi Can anyone help. Me and my partner have applied for a mortgage. We have over £50,000 deposit and 85% LTV and a combined income of £70,000. The problem is I have discovered I have a couple of defaults on my credit file from over a year ago 😔 from a previous relationship that didn’t end well. Our mortgage advisor told us…
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Help please: at risk of redundancy & contract exchange
Hi, Please advise. I am about to exchange contract for a new built house next week. This week at work have been told that my team is "at risk" of redundancy and our consultation period will end by mid of next month. What should I do? Should I ask seller to wait for say 3 weeks and then I will definitely exchange contract…
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Help to buy equity loan
Wondering if someone can help me before i tear my hair out. I completed on a new build property at the end of september and currently moved in and living in it. The house was purchased with a mortgage and a help to buy equity loan. I remember seeing something about until the equity loan is fully repayed there will be a £1…
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Combining Two Mortgages
I currently have two mortgages on the one property. The second mortgage was to buy my brother out. When applying for the second mortgage, I asked for it to end at the same time as the first, but they refused and so it ends about a year or two before the first mortgage. The first one is a tracker mortgage (taken out before…
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lied about income on self cert mortgage
hello any advice would be helpful 2007 i took out a self cert mortgage for £180,000 paid 10% down lied about my income said i was earning £46000 per year broker knew what was going on as he help supply the accounts to show inflated income, broker has now been stuck off, tryed to make a claim with the fscs about miss sold…
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Help! change name on mortgage and remortgage
My friend and I took out a interest only mortgage in 2007, since then he's moved out and I've married and now living in the property with my wife. What I'd like to do is take my friends name off the mortgage (he's happy enough to for this as he's married too) and put the mortgage in mine and my wife's name and if possible…
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Renting out my property
Good evening all. I really don't like my job and I thought about retraining. I've been offered a fantastic opportunity on a training course outside of a commutable distance from where I live. I am therefore trying to do the maths on whether this opportunity is feasible, and the mortgage is obviously the biggest stumbling…
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Mortgage Offer Under Threat
Hello, I've recently applied for a sole mortgage, due to my husband having a red marker against his credit card and this causing our prior offer to be withdrawn. All seemed to be fine. New mortgage got accepted with Skipton and offer just under my name was received. All was going well, with an occupiers consent form being…
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Natwest mortgage
Hi, I am due to complete on a new build a week on Friday 23rd. My question is (which I cannot see in the mortgage docs) when do I start paying the mortgage, or when is the first payment going to be, a month from moving in, the first month pro rata to the month end. I have read through the docs and cannot find the answer.…
