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Please someone help!
Hi, My dad and my stepmother who were together for 31 years have separated. I’ll keave all the bitterness I feel about this and continue with the problem. She left my dad last June for my dads best mate... anyway, they both have their name on the deeds. My dad paid all the mortgage and has receipts to prove this (mortgage…
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Will a small personal loan (NOT a pay day loan) stop me getting a mortgage?
So I mentioned in another thread I've taken out a £500 personal loan (NOT a pay day loan). It is repayable over a 2 year term, but it's likely I can pay it off in a lump sum sooner than this. I'm not planning to apply for mortgage until at least 2 years from now. Someone has said I won't get a mortgage if I've taken out…
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Limited company net profit for mortgage
Hi Me and my hubby spoke to a financial advisor in December to see about a mortgage. We were offered £176000. Hubby has a ltd company (100% shares) but profits were down on his last accounts as he took a good chunk of time off work training to get another trade under his belt. My qyuestion is, if we go back after April…
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one for the professionals
Hi fellow brokers Have had a question I am not sure of the answer to and can't find any info on criteria guides so before I spend hours on the phone talking to all the bdm's does anyone know the answer Is it possible to get a uk mortgage but on a property in france clients live in france but have uk businesses. They have…
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Accord down valuation
Hi all, I’m probably clutching at straws but FTB here so please be gentle J I applied for a mortgage via a broker who selected Accord, everything went smoothly until the valuation which has come back at 150k. 2 local estate agents (prior to my interest) suggested marketing the property at OIEO 165k, as the property was in…
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Remortgaging - with sub accounts
Hello! Appreciate it's some time away but thinking about remortgaging towards the end of the year. We have a £252,126.70 mortgage (split over three sub-accounts, owing to a recent extension that we borrowed for): Sub-account 1: Fixed Rate mortgage until 31 Jan 2020 £226,760.05 Balance Interest rate as at: 13 Mar 2019 1.89%…
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help with property ownership
My brother and I saved money and bought 2 houses to rent out, I had bad credit at the time so he put the mortgages in his name. We have a verbal agreement between us that we own them 50 /50 and split whatever we make if we ever sell and I know I can trust him, but have been thinking what if anything ever happened like he…
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Mortgage problem?
Hi I took out my mortgage 24th January 2007 with Kensington for £152,916. Kensington kept £1,000 back for the flat roof which they say needed doing, we had someone in and was told that it was perfectly ok and to this day is still fine. We have never been asked about the roof from Kensington and they have to this day still…
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Early repayment dates
I've noticed the wording of my current Tesco mortgage for early repayment charge dates uses "until xxx" for the period where the charge applies. Does this mean until AND including or just up to. Can I arrange the new mortgage transfer for that date or should it be the day after to not incur charges? Thanks
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Mortgage Advice for over 50's
Hi all, I'm looking for some advice regarding my chances of getting a mortgage now I'm just about to turn 50. The house I currently own has an equity around £200,000 and I was wondering how easy it would be to get a mortgage of around 75,000 for between 10-12 years so it would be paid off before reaching retirement age.…
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Advice Needed For Northern Rock Mortgage Shortfall from 2009
I would really appreciate someone advice. I have received today a court claim form from Salford County Court Money Claims with the claimant being drydensfairfax for a total sum of £59.163.18 in relation to a mortgage debt outstanding in the form of a shortfall from the sale of a property on 31/07/2009. This is the first…
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Mortgage renewal
My current mortgage deal with NatWest is about to end,(every monthly payment has been paid with no issues) but my question is, when the time has come to change a deal, and possibly switch lender, does the new lender go through the same process as when you initially apply for a first time mortgage, ie go through bank…
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Advice Needed For Northern Rock Mortgage Shortfall from 2009
I would really appreciate someone advice. I have received today a court claim form from Salford County Court Money Claims with the claimant being drydensfairfax for a total sum of £59.163.18 in relation to a mortgage debt outstanding in the form of a shortfall from the sale of a property on 31/07/2009. This is the first…
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Joint Mortgage - second home for one
Hi there Quick question (hopefully).... I am looking to buy a joint property with my partner as this will allow us a much higher mortgage. I already own a property which I lived in and now my parents live in. I can easily afford the mortgage payments on both which the bank should know etc when we give them all the details.…
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The Waiting - Making Predictions Time Wise
Dont all start criticising me!! I ask silly questions because of my impatience and nerves on our move. Im just wondering what intelligent guess work could be used timeline wise of when we will get over the line Chain is as follows - We have sold to a first time buyer who is all approved and ready to move in - We have…
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Forward thinking future mortgage plan
Hi All, Get a coffee & a snack, might be a long post & may bore the bugg*r out of you - sorry in advance. So in Dec 2018 we (well I) completed on our first flat. 2 bed 240k, we put down a deposit of £39k, and had a help to buy equity loan for 20%... So overall our LTV when we completed was 63.54%. We struggled to get a…
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Santander
Hi, wondering if anyone is going through a mortgage application with Santander at the moment to give us some advice, Just needing some info on the rough timescales currently, we will be doing our application in branch 21st March Just as the estate agents are reluctant to let us into the property to measure up for…
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Help to Buy Mortgage
Me and my partner bought a home for £189,950 using the help to buy equity loan. We paid 5% deposit, Government paid 20% and we got a mortgage for 75% LTV. The mortgage is a 2.25% 5 year fixed rate. My plan has been and currently is to overpay the mortgage (£200 overpayment per month) as there is no fee on overpayments for…
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Sole or Joint Mortgage Application
Hi We purchased our house in 2002, my husband (boyfriend at the time), being the sole applicant for the mortgage, as I had my name on a mortgage already with my ex-husband. I eventually had my name taken off my mortgage when my divorce was finalised. The present mortgage and deeds have since remained in my now husband’s…
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Bank Statements (How they look)
Hello So we have just submitted the docs to our MB today. My worry is that my 3 most recent bank statements are all money in and all money out.... Will they see this as a problem? I always transfer a chunk to our joint account which covers mortgage, bills and shopping. The rest is for me and 2 bills (1 loan and council…
