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Mortgage application with Principality
Just wondering if anyone has any idea how quick Principality are at issuing mortgage offers? We submitted full mortgage application last Friday (22nd Feb) & the valuation took place today. I’ve been in touch with the developer (new build property) who said valuation was fine and that report would be with lender this…
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Valuation at remortgage
Hi all. Our 2 year 95% rate ends in September. Bought at £138k for a house that was refurbed inside. Since, a similar house in the same road has sold for £155k with a garage, £130k and 2 houses have sold for £127k and £117k, both being houses in need of work where the owner had died and left to their children. They were…
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Claiming if Divorced
Hi all Looking for some information. I haven’t claimed PPI. I had a morgage with my ex partner for over 13 years from 1995 to 2009. I am insure if PPI was paid and not sureif i could find out on my own. Any information would be appreciated. Thanks
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Mortgage offer yest but questions...
Good afternoon Yesterday we were told that we have finally had our mortgage application signed off. They are going to send the offer out but I have two questions 1. Do you receive the offer by post or email and how long do they take to send 2. There are no hard searches from our mortgage company only a soft search from 4th…
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More than one title- mortgage
Hi all, Has anyone successfully bought a property on more than one domestic title? I was due to complete and exchange last week, my full deposit with the solicitor, when my mortgage company queried the titles (house, garage,garden). They are straight forward, all one type, no covenants, all in one name. They would not…
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Halifax valuation to mortgage offer?
We applied in full with Halifax last Wednesday (20/02) and the valuation was done yesterday (27/02) but we are yet to hear anything. Does anyone know how long between the valuation being done and getting the mortgage offer? Or an update?
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Knowingly becoming a mortgage prisoner?
My wife is 6 months into her maternity leave so needs to think about the next 3-6 months when she either goes back to work, or becomes a full time mum until her folks retire and can offer free childcare. I've recently got a new job which means we have enough money to get by with just my salary coming in. However, we're due…
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Mortgage ending remortgage advice?
We've had a interest only tracker for the past 16 years & 8 months on an 18 year loan, so only 1 year & 4 month to go (gulp) I looked at my options 5 years ago and Barclays advisor said we are on such a good rate come back when there is only a year and see, the only option then was the same rate but a repayment. As I'm…
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Need to borrow 5 x salary on Laing easiform, any idea?
Hi all, I wonder if there are any brokers on this forum who could help me. I am looking for a bank that would lend me 5 times my salary on an Laing easiform property (non standard construction) and who would disregard a couple of late payments in the last 12 months (8 months ago). I tried Santander and Barclays but no…
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Remortgaging with the same lender
Hi everybody, We currently have a mortgage set up with a lender and we would like to take some money out of the house. If we remortgage with the same company do they run credit checks and require bank statements etc all over again? Many thanks
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Credit checks
Good morning! We have a mortgage application in with Clydesdale bank and on my credit report this morning I have noticed they have done a search for anti money laundering - is this normal? What other checks will they do? Sorry I don’t have a clue about the whole process. Thanks
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Mortgage success and adverse credit
Hi, I posted a few weeks ago on how my mortgage application with Halifax was going sour. Well we’ve just received our welcome pack with Natwest through the post, with the full mortgage offer! :j I’m posting to give hope to other people who, like I have, had credit issues in the past. I was in a debt management plan and…
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Lender undervalued property
Hello, We’re currently in the process of buying our first home. Last week the house was surveyed by the lender and on the basis of the report they are not prepared to lend us the full amount required. The report states £10 000 worth of improvements are required to the house therefore they have knocked this of their…
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Remortgaging & tight affordability
Hi all, I seem to be finding that remortgaging might be getting harder than in previous years as I recall 2 fixes ago I could get a new deal despite being on a very low income as unemployed. My remaining mortgage is just over 2.5 times my annual salary yet it seems the most I might be able to get on the 18 year term I…
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Mortgage application planning advice
Hi Please be gentle with me as a new member. 1) I am looking to purchase in approx 2 years time and I am after a bit of advice on the best way to manage the application and finances in the hope to make things as smooth as possible. 2) I will be a first time buyer at the age of 50 years on a salary of around 27-28K and…
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Remortgage in 12 months - valuation?
Hi all, We are currently 12 months into a 2 year fixed deal which we took out at 95% LTV. My first question is when we should start the process of liking for a remortgage? How long does it normally take from start to finish? We would like the avoid going over to the SVR. We will also have undertaken a lot of work bringing…
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Remortgaging and removing name ...
Hi there I'm looking to extend my mortgage in order to pay for home improvements. I'm in a fortunate position of only having a bit over 2 years left on my current mortgage. I want to extend the term on my mortgage (up to 5 years) rather than up my payments. I've been to my current provider to discuss it and they have…
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Help to buy affordability
A quick question here. The friend of mine got a decision in principle accepted for a mortgage which would go together with a help to buy loan. Bu the help to buy online calculator is saying that the help to buy loan is not available. Does it now definitely means he can not get a help to buy loan and therefore buy the…
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Payday Loans - Do not give up
Hi All, Thought I would post here as been an active watcher and been through the nervous mortgage process myself. Payday loans were my main worry with some brokers saying I had no chance with 2 defaults in June 2018 and last payday loan September 2018. However, my advice would be to be so honest with the mortgage advisers…
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Borrow more on mortgage timeline
Hi! I’ve been trying to find a thread that could help with no luck. Me and my husband already have a mortgage with NatWest and are in the middle of getting an extra 25k for debt and to redo our very 70s kitchen.... I’m looking to see how long it took people to get the money. We are on the valuation stage which they’ve done…