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ERC, Mortgage & Brexit.
Hi All. We're our current fixed rate mortgage ends in August. I'm considering remortgaging before this & Brexit to ensure we're on a fixed low rate if it all goes wrong when/if we leave the EU. I know nobody knows what's going to happen, but what's the general consensus? Would you pay the ERC & lock in a lower fixed rate.…
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Paid up endowment
Hi all, Can anyone give us a bit of advice about how to find any information on an endowment policy we had years ago ? Im pretty sure it was with either Standard Life or Legal & General linked to a mortgage we took out with Natwest in 1988 but have no paperwork Am i right in thinking that the policy was sold on and that…
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How many months bank statements??
Hi Guys, First post so sorry if this is not in the right place. My girlfriend and I have decent salaries high 20s and have seen a house we love £275K. We have a 15% deposit and already have a mortgage in principle, both our credit ratings are very good also and therefore it sounds like we will have no problem on the face…
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Low income mortgages
Hi there (new to this), Could anyone possibly provide some options/advice/support on my next steps. I am a lone parent, working 29.5hrs per week (part time salary of £16,610) with nursery fees off-set against the working tax child care element benefits, with a deposit of £25k (from anequity buy out) however I am struggling…
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Odd question! - Need Expert Advice
Hi there, Bit of an odd question I could do with some expert opinions on! I’m currently living with my long-term partner in a house valued at around £130k, we are in the process of decorating it head to toe at the moment with the aim to sell it – which is likely to take 2-3 months. The house is in her name only and she has…
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Being a guarantor on mother's mortgage
Hi Everyone, I am in need of some advice, I've found myself in a strange moral/financial situation and I don't know how to proceed. You need a bit of background. My mother and father divorced rather messily 15 years ago, after this my mother went through a period of depression and was unable to keep a job. She had a decent…
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Can I take out second mortgage and let my parents live there?
Hi, I currently have a residential mortgage on the house I'm living in. Would I be allowed to take out an second residential mortgage on another property and let my parents live in the new property? Many thanks
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Any advice greatly received!
Hi I’m new to this so pls bare with me! We’ve currently got a mortgage for £135k and our house has been valued by mortgage provider at £300k so currently have a good LTV rate. However we have debts amounting to £80k from renovating the property which come to £1k a month. We’ve worked out that if we could add this debt to…
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Advice please
Hello all, So this year I will definitely be getting a mortgage, however, I have a few questions? I’m on 22500 going up soon to 24/5k very soon. I pay 200 child Maintanence. I owe 5500 on CC’s and have 2 overdrafts, 1 for 250 and other for 1250. Should I clear cc’s first or overdrafts? In my current position, would I…
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Re mortgage with restrictions
I have been accepted to do a remortgage on my property however my ex husband did not pay a unsecured loan so they put a restriction on the deeds of the house in his name only. Can I do a transfer of equity if he agrees & can I remortgage without having to his debt.
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Past loans, overdraft usage and disposable income Question
Hi guys, Just looking for some opinions to calm me down! My broker is applying for a mortgage tomorrow or Tuesday for me, via Barclays (FTB and HTB mortgage) I earn just over 50k a year (with a very good company reputation wise, permanent skilled contract) and I am applying for a mortgage of £161000, I have disposable…
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Bad credit mortgage? Will i get accepted?
Hi im new here and ive been reading and reading and reading until I think im more confused than I was before I started.....so im 30 I have recently left a long term relationship to which I was not on the mortgage for the house however I will be getting some financial gain approx. 10k. I am currently on a DMP and have been…
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Zurich adaptable endowment
I have a policy that I took out a 25 year policy with Allied Dunbar and have 4 years left. Not linked to paying a mortgage anymore. Does this policy have a terminal bonus or just pay off whatever the sum is. Now less than 5 years to go statement says it will achieve 14.8k against target 20k based on4% growth. Very little…
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Extending term to get a deal but overpaying more?
Hi all, I'm hoping someone can help me with this one. My current 2.29% deal ends in a couple of months and a broker suggested a nice 2.04% deal that included a nice cashback incentive. Then the application failed as for some reason my low but full time salary only meant I was eligible for about £3k despite very low…
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Aargh! New credit applied for between DIP and full application...
We've got a DIP in place after a couple of attempts, We have a lot of credit card debt so affordability has been an issue. Had a chat with broker on Friday, it's all finally looking positive and he was going to submit the full application. Just sorting out reservation fees and bits of paperwork to send over, and husband…
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Further credit check after amending property details
Just noticed a new hard search on my credit files from Halifax, would this be due to changing the postcode of the property recently? it was incorrect on the MOS, my original mortgage offer was back on the 7th December with the original credit checks being done (on the 26th November) without any problems. Just a little…
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FTB - choosing mortgage fix and other questions
Hello all, My husband and I are just starting out on the house buying journey and of course have a lot of questions. We both have LISAs which we will be topping up once the year rolls over - I understand the extra 25% will be paid a month later, in May. If by then we have picked a house, we'll be ready to buy, otherwise we…
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First time buyer credit check
Hi all, hope I could get some advice here on this. Me and my wife we use a credit card (same account) for every day shoppings, etc.. but no bills. So then we pay the balance every month half each (it’s anywhere between £400 to £600 pm). We do this just so we know how much we spend and that we can half it easy. Now, do we…
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NatWest mortgage advice please!!!!
Hi! Just looking for some advice:.. AIP recieved 09/02/19 Our broker put our full application in 15/02/19 (last night) She’s got back to us this afternoon saying application has been accepted and documentation is getting reviewed, valuation has also been instructed. (Seems very quick!!) Has anyone any ideas how long before…
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I'm on a good SVR, so should I Re-Mortgage???
I unusually have a bit of spare time on my hands this week so thought I'd check if I have the best possible mortgage deal for my circumstances but struggling to decide what to do for the best so I'm looking for other opinions if possible please ::): Hers my current details: 30 Year mortgage (20yrs to go) 2.24% (1.49% above…
