-
First Time Buyer Advise
Hi Every1 So we have passed checks with broker and Mortgage offer is with Natwest. We have had our offer accepted on a house yesterday. We will be having meeting with broker on Monday. I'm wondering my last 3 pay slips show sick pay as i took leave after maternity due to anxiety. I have returned to work. My contract also…
-
Right to buy
I bought my property from the council nearly 5 years ago so I've got a right to buy mortgage. My 2 year fixed ends in April and the claw back period ends in September. With my existing mortgage provider the only option I've got is to go onto the SVR rate til September and then go onto a fixed rate with debt consolidation.…
-
Which of these fixes is cheaper?
How do I work it out? 80% LTV 2 Year Fix - HSBC - 1.64% with a £999 Fee 35 year term £144k or 2 Year Fix - First Direct - 1.89% with a £490 Fee 35 year term £144k
-
Getting on property ladder in London
What’s the best way to work towards getting on property ladder in London in late 20s? First homes in London are generally around the 300k mark. Is the only way to try and save a large deposit of around 100k or more?
-
NatWest ftb, who's with me?
First time buyers here Applied for our mortgage on Monday 11th Feb via broker Hubby earns £42,000 with overtime and bonus. I have cb and ctc totalling £6,000 Advised we have been accepted for credit checks and affordability. Mortgage approved depending on tax credits award letter and valuation. Submitted today, 16th…
-
Remortgage with non co operating ex
My 5 year fix is up later this year. However I'm going through a very lengthy divorce. My ex wife moved out of the house a few months back. However she so far in non cooperating on anything. I wish to remortgage to a new lender, but can i do this if she's still on my existing mortgage deal? As if I go onto my lenders svr…
-
Leeds BS - shared ownership
Hi We're in the process of applying for a shared ownership mortgage with Leeds Building Society via a broker. It's taken two goes to get a DIP and the housing association want us to exchange in 28 days so I'm trying to pre-empt as many issues as possible. Does anyone know if they're likely to want to speak to my employer?…
-
Post BR - new mortgage application
Hi, looking for some advice. My circumstances are this. My wife and I are 6 1/2 Years post BR, in which we had a voluntary repossession, and handed the keys back in. We did however retain our first small house which had been rented out for a number of years. and bought out the sequestrators interest. My credit score is…
-
Shared ownership mortgage
On the 30th of April this Year My fixed rate mortgage with the Leeds Building Society ends, my current interest rate is 4.99%. Today I have had my annual mortgage statement and on the 1st of Jan this year I owed £21.447.48, I over pay by around £30 each month and when the fixed rate ends the mortgage will revert to their…
-
HSBC down valued the house :(
Hello everyone Looking for some wise words of advice here. I had my offer accepted on the house at £93,500 I got them down from £95k (originally they listed it at £100k but reduced it over time). HSBC approved my mortgage subject to valuation at 90% LTV fixed for 5 years, they survey was done and they've come back at a…
-
Down Valuation, but not on Homebuyers Report
I'm sure this one comes up a lot on this board. This is a repost from House Buyings, Renting and Selling because I had 3 figure views yet no replies. Just had my mortgage valuation back: £90,000. Had my personal Homebuyer Report done last week with a seperate surveyor, they valued @ £100,000. My accepted offer was £96,000.…
-
Applying for remortgage with additional borrowing
Hi, I'm looking to apply for a mortgage with £10k additional borrowing to pay off a personal loan. (I will be losing £350 a month from my wages soon so can't afford the £410 repayment). What I need to know is, should I enter the £410 loan payment on my application to the mortgage provider as I will be paying this off as…
-
Current deal ending
Hello, looking for some help and advice please. We are currently on a rate of 0.75 per cent as my wife had a staff mortgage. This is now ending and we have been offered fixed rate of 2.64 per cent for 2 years or 3.68 per cent for 5 years. Due to a sub account which was on a fixed rate for 2 years we can't switch company…
-
First time buyer - just starting out
Does anyone want to join me? I'm new to MSE Forum's and after searching many other posts, I thought I'd start a new thread to allow me to share my experience so far, see if anyone else is in a similar position and hopefully make some cyber friends along the way :) My situation is this: Myself and my OH are both first time…
-
When will my first (Halifax) mortgage payment be?
We are completing on the 28th February 2019, when will my first mortgage payment due. Is this right 28th February 2019 completion No mortgage payment in March First mortgage payment April Is that's right?
-
Mortgage and convictions
My girlfriend is looking to apply for a mortgage I will be moving in with her but I won't be on the mortgage. Will the mortgage company ask about my conviction and will it effect her application or is it a case she is applying for a single mortgage so they won't care. She can afford the mortgage without me moving in so…
-
Mortgage appeal
So stressed! We had a decision in principle confirmed. Made an offer and had it accepted. We then went to the back to the lender and information was submitted however the computer said we were declined due to still having my car loan left to pay. I paid this off in full in December, I gave them a letter to confirm this…
-
Multiple Mortgages
Say I have a small residential interest-only mortgage on a flat with Bank A, then take out a new large repayment residential mortgage on a house with Bank B. My plan is to live in the house and rent out the flat. My question is- how would Bank B factor in my interest only mortgage into its calculations of how much it would…
-
Additional Borrowing
Hi We are currently having an extension built and at roof level - just about water tight We have the money to finish it but would like to borrow an additional £15 k on the mortgage to get the kitchen I really want and the flooring etc I have spoken to our mortgage provider and they have said we need more LTV They can send…
-
FTB second lender application
Hi, We're a couple of FTB with 10% deposit borrowing below our max allowance according to many lender calculators. No other debts, no dependants, good salaries, etc. We've found a flat in a recently (2015) converted building (used to be offices, now 85 flats). The development is very shiny and fancy looking. We applied for…
