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payday loan company credit search
Hello, I have recently applied for a mortgage and been accepted for an offer. However, after checking my credit account randomly today, I have seen that a payday loan company called lending stream have checked my credit file with the purpose: Account Management I have not used this company in over 3 years or applied/taken…
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Mortgage application pregnant
hello, first time posting and aware I may get criticised for the below! We are applying for a mortgage with Santander, Ltv of 85%. We are going through a broker and have given him all the information he needs - apart from we haven’t disclosed that I am pregnant! I have done the calculations and we would not get the sums…
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Can you claim under mis-selling if charges weren't explained?
I took out an endowment mortgage in 1999. I surrendered the endowment in 2015 as part of a divorce settlement. The endowment included life assurance and critical illness cover. When going through the paperwork before shredding all the documents I discovered by chance (I didn't receive annual statements showing this) that…
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Salary error on DIP and Full Application
Broker has today submitted my full mortgage application and looking at the submission this evening I have found lots of errors. Most are little and probably minor, but I am worried about two in particular. 1) They have overstated my annual salary, although only by £180 a year or £15 a month. On looking at the DIP…
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Desperate for help!
all sorted :-) thanks for the help!
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Seller not discharged mortgage security
Hi All, I'm currently trying to remortgage my house which I bought 4 years ago; however, it turns out that the seller never discharged their standard security when they sold the house. The remortgage process started on the 8th of Feb. Initially, I was dealing with my current solicitor but soon found out that they were only…
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Question about an old Endowment
Hello, My mother and father had a joint mortgage with endowment, which my Dad said was due to payout if one of them died. My mother died just over 10 years ago and my Dad got nothing. I think the endowment was mis-sold and they offered a £4000 pay off, but because my Mum hadn't signed it and submitted before her death they…
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Stamp duty second mortgage
I have a property that I let out to a tenant. I’m currently applying for another mortgage which will be my main home (I’m in rented accommodation). Do I still need to pay stamp duty? Every time I read about it, it implies that if your second mortgage is to let, then you need to pay. But what if this will be my home, is it…
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Managing our current account/credit cards - which looks better for a mortgage application?
Hi everyone We will be in a good position next year to apply for a mortgage putting down at least a 10% deposit, more if we need to. I know once we apply for a mortgage, they will require a lot of information including bank statements which I imagine will be screened thoroughly? My current concern would be that at the…
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Mortgage against inheritance
So I just wanted to know if it is possible to get a mortgage against a house that is in trust to me? My mum left my 2/3 of the home she brought and it's in trust to me and her partner can live in the house and he owns the last 1/3. But am I am to get a mortgage against this? I know its a long shot but thought it was worth…
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Joint applicant - new job
Hi My partner and I are going to be looking at buying our first home together soon. I've had continuous employment at the same company for the last 7 years or so but my partner recently left her part time job to take a placement as part of her masters degree. She had worked her part time job for around 2 years, but now…
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Interest rate related to loan to value ratio
Hi I'm in the twlight years of our current 25 year mortgage and last year found out we are paying a slightly higher rate of interest owing to our mortgage being relatively large compared to the value of our home. I either wasn't originally aware of this or I have forgotten. Clearly, after 20+ years, this ratio has dropped…
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Nationwide overpayment reserve.
Good afternoon.. Thanks to this site I have been overpaying my Nationwide mortgage and have built up a significant amount of money that shows separately in an Overpayment reserve. This reserve can be accessed at any time and the amount withdrawn adds to the amount owed. Luckily I am 5/6 months from clearing the mortgage.…
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Free mortgage second house
Hi guys, Myself and my husband own a house that we pay mortgage for. His dad owns few properties in the area and is getting to retirement age soon. Hes been putting some of his properties on his other sons names and recently has asked my husband to transfer one of the properties to his name. All his houses are mortgage…
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Mortgage arrears query
Would b v grateful for some advice here. Apologies for long post. Currently in 18 months arrears with mortgage but have around 70% equity in house. Haven't been able to work due to seriously ill child and husband has been ill with depression. On a high 4.99% SVR so arrears now pretty high. Lender has just left situation in…
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Paying back Help to buy and moving home
Hello, My wife and I would like to move home in the next 6 months. We bought our house 5 years ago with the Scottish help to buy scheme where the Scottish government lends you 20% of the property value. We would now like to sell up and move home. Our current mortgage is aNationwide 2 year fixed rate deal with 13 months to…
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Re-mortgage property owned outright
Hello, looking to understand if we can remortgage our home that we currently own outright. Reason is we would like to raise funds to buy a 2nd property outright that we would rent out and hopefully pay off in circa 15 years as part of retirement planning/alternative to a conventional pension. Would be looking to borrow up…
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Product transfer
Hello, My fixed rate with tsb is coming to an end and seeing as they have issues (still) with online services I can either apply on the phone or go into store. I have chosen to see one of their mortgage advisors in branch and discuss moving onto another fixed rate deal without changing any details such as the term Etc.…
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Private Mortgage Arrangement
Hi there I have been renting a yoga studio and therapy room from a friend for the last 18 months. She would like to sell it and I would like to buy it. I own no property and have no deposit (though if necessary I ought to be able to arrange this via backers and or fundraising). Her solicitor suggested that we draw up a…
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First AIP high, 45k drop in the next one!
A few months ago, my partner and I applied for an Agreement in Principle with Barclays and were offered £225,000. In the end, we found a property valued at £185,000 and the offer went through no problem. Unfortunately this purchase fell through and we had to search for something new. I completed the AIP online and was…
