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Help to Buy on maternity leave
Hi, We've been looking at buying our first home whilst I'm on maternity leave, using the HTB scheme. As I understand it, banks now take into consideration your regular earnings when processing a mortgage for someone on mat leave due to discrimination etc. However, I've just spoken with HTB and they've told me that they…
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Lifeline for mortgage prisoners as MSE campaign takes huge step forward - MSE News
The financial watchdog is to consult on introducing new lending rules which could help free more up to 140,000 mortgage prisoners, in a huge step forward for MoneySavingExpert's campaign...Read the full story: 'Lifeline for mortgage prisoners as MSE campaign takes huge step forward' Click reply below to discuss. If you…
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Mortage and credit card debt
We are coming to the end of our current mortgage deal in August and will start looking in May. My partner has 1 card £4895 with 25% interest, another £5317 but cant find the % and £1400 with 5%. Plus car repayments which is not a issue. I have total of £4600 but is currently 0% for about another 2 years and £500 that I run…
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How would I find what tracker rates were on offer in 2008?
Hello I want to find out a link or schedule of lifetime tracker mortgage rates and margins which were on offer back in late 2008 and maybe 2011. I have used the way back machine and other Google searches but to no avail. Anyone got any ideas? Sceoilin
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Nationwide - deal ending need to switch - do they do a credit check?
My deal is ending shortly with Nationwide, i had a fixed 2 yr - I will stay with nationwide and as last time just switch online - does anyone know if they do a credit check? I cant remember if they done one last time.
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Please put me out my misery - will my mortgage get accepted?
Hi, I'm a first time buyer who has saved up a 10% deposit (£13,200) with my partner through a Skipton Lifetime ISA. I'm on a permanent contract, earning £20,500 p/annum. My partner is on a 12 month temporary contract (Aug - Aug), earning £17,400. We're asking to borrow £118,800 from Nationwide, but we've read on their webs…
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Leeds Building Society - Mortgage Application Process
[FONT="]Hi all, [/FONT] [FONT="] [/FONT] [FONT="]I just wanted to share my experience of Leeds Building Society mortgage application process from start to finish. If anyone is like me they worry and panic through the whole process and spend countless hours reading forum threads trying to get an idea of the…
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Loan vs mortgage: what's the best option?
Hi there, My parents own an house of which my dad owns 30% and my mum owns 70%. The 30% my dad has agreed to give to either me or my mum (it doesn't matter either way as it will be shared funds or my funds mostly). The 30% amounts to around £70k and I will most likely be looking for a loan or mortgage to cover half of that…
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credit card and mortgage question
Hi all, Myself and my husband got in to a ‘spot of bother’ with some credit cards which either have high interest or are near their limits, we are applying for a mortgage in a few months (March/April) and are extremely lucky that my dad has offered to pay them off for us and we can pay him back in the future in a year or…
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Mortgage vs Save
Hello, I have a flexible tracker interest only mortgage currently at 1.74% (99% above base rate. Outstanding balance currently around £77500 and I pay £1000 a month (interest paying around £120 currently). I also have spare saving from 123 Santander account at 1.5% and only cover about £2.50 of the fee with the cash back.…
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Mortgage Application declined? help!
So I’m a first time buyer, found a lovely 2 bed flat. Offer accepted and made my mortgage application with nationwide last week. Valuer went out the other day to value the flat and my mortgage application has now been declined. Rang the bank up asking why and they have told me the valuer has said the flat is in close…
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Help Wanted - Is my fixed rate mortage being debited correctly?
Hello, Please could someone help me answer the following query about my mortgage payments; I have a 3 year fixed rate mortgage with HSBC. The rate is fixed at 2.59% and I have two months left on the deal. After looking at my latest statement, I noticed that although the same amount is credited to my mortgage account every…
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Using Help to Buy ISA for Mortgage Exchange
Hi, My girlfriend and I both have help to buy isa's. We understand that we can't use the 25% bonus for the exchange. We are buying a new build house so we are exchanging in January and then completing in June when the house is built. Do you think we can exchange with a shortfall of the help to buy bonus which will be made…
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What To Expect?
Hi All I am going to my bank (Nationwide) soon to apply for a mortgage solo. I have consulted a financial adviser who has told me to go myself as I may get a better deal rather than going through him as I bank with them. Basically, I am buying my mum's house that I currently live in. We haven't had a formal valuation, but…
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Porting? Combine? Transfer? Situation seeking for help
Hi everybody, I am pretty sure that this is not asked anywhere else as I have spend hours to find the answer and couldn't find any. Allow me to explain: I own two properties, A and B. Both of them are on mortgage with the same lender. I am now about to sell property A, but would end up paying a big repayment fee. I am…
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Application for new mortgage
We will be moving house later this year. Does anyone know if we change banks now to benefit from the bonus schemes currently available if this will impact the mortgage application, ie not being with the new bank very long? Or is it best to wait until after we have moved and then change ? Thank you
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FTB Shared ownership mortgages
Why don't all mortgage companies offer shared ownership mortgages to FTB
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Short term mortgage?
I am interested in buying a new build property, I am presently mortgage free and due to receive some money which would allow me to buy the property as a cash purchase. If I sell my house and haven't received the additional money in time I'd need to get a mortgage. Would be about 30% LTV and 2 times salary. No credit…
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Acenden (formerly Capstone)
I fell into arrears with my mortgage following redundancy then long term unemployment due to a chronic illness. I have maintained payments to Acenden out of my disability benefits paying off arrears at a rate of £20 per month. In July this year, following backdated payments from the DWP after I applied for the mortgage…
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L&C submitted my mortgage app without knowing
Hi all, As title suggests, L&C have rather sneakily submitted my mortgage application for me. I had filled it in online, but needed checking and I didnt want to rush either. I certainly did not approve it. Annoyed. Is there anything I can do about it? Thanks
