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Life after Iva
Please can you tell me what might be on offer We have paid the Iva of early about 12 months ago We have a mortgage now & have about 20,000 equity & 10,000 savings 45,000 income Never missed any mortgage payments & have no other outgoings expect living expenses Our mortgage company no longer offers new mortgages Looking at…
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remortgage bad credit advice / companys
Hi All my first post so be kind Looking to remortgage to add £5000 onto my £95000 current mortgage but we both have a bad credit history,Our property is roughly worth £160000 Can someone point me in the right direction of a company to ask or is it imposible Any info on this most welcome Thanks
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mortgage overpayment
Hi i built up an overpayment fund of £3600 and want to take this back. Nationwide have told me my mortgage will now be going up by £60 a month. Does this sound correct. Thanks for any replies.
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Mortgage shortfall
Hi everyone I wonder if anyone can help me please bit of a long story. I split up from my ex husband back in 2012 due to a really bad relationship where he was an alcoholic and kept loads of financial difficulties secret from me. We also had 2 children aged 10 and 13 at the time, the youngest with severe learning…
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John Charcoal mortgage
Hi, this is going back a few years, however, i think it's worth me asking for advice. In 1988 I had a "low start - low cost" mortgage with John Charcoal Mortgage Brokers and in the first year the repayments were only 80% of total that would have been made in a standard repayment mortage. Year 2 the repayment was then 85%,…
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debt management plan and mortgage query
Hi all, myself and my husband are hoping to apply for a mortgage within the next few months. We both made mistakes in the past however have not missed any payments in 3+ years. We also have a relatively high credit card balance of around £9k which means our credit scores aren't great. I have a small CCJ dropping off this…
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Separation and Joint Mortgage
I have a joint mortgage with my boyfriend and the mortgage is a 5 year fixed term mortgage but we are only 18 months in to the 5 years. We both paid equal deposits to the house but I have a paid significantly more of the bills and house costs since we have moved in. I want to separate with him but I really want to keep my…
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Need advice - possible to pay a 20 year mortgage in 6 years?
I will try to keep this short.. I have £20k to put down down as a deposit on a £100k property. Mortgage: £80k Term: 20 years (I would like to keep my monthly payments down) I’m able to make lump sum payments of £7k towards the loan at the end of each year - this money is coming from my brother and sister who are helping me…
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Money from overseas for mortgage deposit
Hi, I was living overseas and saved money. I want to use the money as some of my deposit for my first home. Is there anything I need to know or do? It’s currebtly in my bank overseas. Thanks friends
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Re-mortgage for house improvements
Hi, We are planning on increasing our mortgage by approx £70k in order to carry out an extension and home improvements. We are able to accommodate the repayments and would look to start the work in spring. I know it’s all very uncertain but can anyone advise how brexit (particularly a no deal brexit) May affect this? I…
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Potential first time buyer - chance of mortgage?
Hi guys, looking for a bit of advice (and maybe direction)... History: Back in the day, I had some personal money issues and ended up (in Scotland) getting help by way of the Debt Arrangement Scheme. I chose this over a Trust Deed as the debt was mine, and I wanted to pay it all off, not have a big chunk written off.…
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Mortgage with 4 year satisfied ccj and 5 percent deposit
Hi, I wondered if anyone had been in a similar situation and could give me a bit of hope. My husband and i are wanting to get on the property ladder. He earns £33000 i earn about £6000 part time self employed. I have a very good credit score. My husband though has a 4 year old ccj that is satisfied. This was for about…
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New build flat to to be completed next month do I register address now?
So our new build flat is to be finished next month (feb) it was brought forward from May but I'm unsure if we should register the address on Royal Mail site now or wait till we complete? Anyone been in this situation before? What would you advise me to do as I would like to order services as soon as we've completed. Thank…
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Close unused credit facilities prior to remortgage application?
Hi, My current fixed rate mortgage runs out in the summer although I can remortgage with my current provider in April. I want to understand whether I should close unused credit facilities prior to my remortgage application? I currently have 3 credit cards and a PayPal credit facility. One of the credit cards and the PP…
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Separation split
Hi, my partner and her ex boyfriend bought a house together years ago. They split 5 years ago and he moved out. They do have children together. He stopped paying towards the mortgage when he moved out, and has only paid her child maintenance since leaving. He also said when he left he didn't want anything from the house as…
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Single working parent wanting to get on the property ladder! Advise please
Hello all il try to keep this as short as I can Current situation annual income £20k a year universal credit £6k a year Child benefit £1800 a year Total income £27800 After doing some research myself it seems NatWest and Halifax take benefits into account when doing affordability (correct me if I'm wrong) I have zero debt,…
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Offset vs Standard Mortgage
Hi Folks, Long time reader, finally registered an account. We're coming up to the end of our fixed rate and we're trying to figure out whether get an offset mortgage or go with a 'standard' mortgage (with lump sum overpaynent). I think we're trying to figure out "how much cash" we'd realistically need when we move house in…
