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Changed jobs after exchange.
Hi all, I've had to change jobs after exchanging and am due to complete in 10 days. I've already gone through this with my mortgage advisor and they said Kensington (the lender) have done all of their checks and though they are likely to perform ad-hoc credit checks they won't check employment again. Since then it's come…
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Halifax Mortgage-am I wasting my time
Hi all, Looking for some advice. Currently applying for a mortgage on my own after separating from my stx husband. I have an offer accepted on a property (in Scotland so slightly different buying process) Part of the reason we split is that he got us into a terribly financial mess. Currently have 3 defaults all from 2012.…
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To re-mortgage now or later
Afternoon all, Just had an extension complete on my house. Am looking to have property revalued as I believe it should now put us in a better LTV bracket. My query comes about because I have two mortgages, one a standard rate variable tracker, the other a fixed rate with approx another year to go. I can't remember the…
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Ways to avoid reposession of home due to non-compliance from ex-partner on joint mortgage
Hi, I have a joint mortgage with my ex-partner , we split nearly a year ago and I have been trying different methods for my name to be removed and at the stage now where the house looks like it will be repossed due to no co-operation from him. I have been to see solictors and spoken to legal aids and spent hundreds on…
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Overpaying with penalty
I'm a few months into a 5 year fixed mortgage @2.69 interest only. I got the remortgage as was looking to buy another property but have been put off by stamp duty and not finding anything I like in my price range. So I am left with a penalty of 4% for the whole term if I overpay above the 10% allilowance. The balance is…
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Company Director Mortgage Advice Needed
I currently live in a property where I'm on the mortgage with someone else 50/50. The amount left is £75k with a LTV of 50%. I'm a company director of a limited company (sole director) which has been going for 6 years. Theres about £100k in the business and I've got £20k in personal savings. No debts and excellent credit…
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Have I been defrauded by Aldermore bank?
So I have a bit of an odd situation here we applied for a small commercial mortgage from Aldermore (less than 100k) They have been a nightmare to deal with dragging the process on for some 5 months. Each time we get close to completion they come up with another traunch of stuff they want to support the application. Now…
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First time buyer - or not
I am currently searching for a home. I had a joint mortgage , once, 20+ years ago and had it about a year. Basically marriage broke up. I have not had a mortgage since then. I am now searching mortgage deals but I dont fit categories. I am not really a first time buyer although it has been a long time since i had a…
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Is a mortgage possible in my situation?
So i am looking at applying for a mortgage. I have found a property that i like and have 15% deposit saved. The problem is i have a default for£300 and missed payments marked '6' for £200 on a utility bill dating back 2 years. These occured in a rough period and i have paid them off and never had a problem since. I did…
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Do I need to first get a house on offer to apply for a mortgage?
Hi, I'm planning on applying for a first time buyer mortgage with Barclays and I wanted to enquire whether I need to first have a house in place in order to apply for a mortgage with them. I have been told by a few of my colleagues that they have had their mortgages offer in place prior to their property search. As I'm a…
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Mortgage and Credit Cards
We are first time buyers with credit card debts of £7k. A couple of friends want to pay these off for us. We anticipate that we will then be ready to buy in approx ten month’s time. Will this kind deed cause problems when we apply for a mortgage?
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Santander mortgage offer email
Hi everyone, I received a mortgage offer from Santander but I Cannot see any attachments or anything in the email, any idea on where I can get to see the actual offer?
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High Completion Fee
Hello Everyone I am in the middle of getting a Commercial unregulated mortgage through a mortgage broker. I am worried at the very High Completion/Arrangement fee. Gross Loan is £84000 with a completion fee of £4846 and broker fee of £1950. Is this the standard rate as everything i can find is saying it should be between…
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Let to buy - equity release for deposit AND stamp duty?
Hi, We're thinking of converting our home to a buy to let, releasing equity and buying a property to live in. My question is, would it be possible to use the released equity for both deposit and stamp duty on the residential purchase or is it only allowed to cover the deposit which means we'll need to cover the stamp duty…
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Mis sold interest only mortgage??
Our income for the mortgage was based on the profits of the business we were in the process of buying and was a self cert. We moved into the new house with the mortgage in the April and bought the business in the August. We never achieved the profits stated and the business closed down after 2 years. From that moment, we…
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santander overpayment query
hi about a year ago i overpaid on my morgage by 5k is it possible to get this back thanks guys
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Home Improvement Conundrum
Hi. Just wondering if there is any advice out there. I have an offset mortgage with CBS. I am in the middle of an refurbishment / extension programme. Having lived in the property for a number of years, my family and I have moved out of the house while the work is being done as it's disruptive. I currently have funding to…
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2nd property advice
Hi all Looking for some advice I am a co-owner of a flat which we bought for 320k over 10 years ago and is worth now c.580-600k We'd like to keep it, but i'd like to buy something else myself What kinda mortgage do i get if technically i'm going to have 1.5 mortgages? (But i plan to live in the new place)? Mortgage left on…
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Minimum notice for exchanging?
I am in the process of buying a new build shared ownership property. Originally housing association (HA) documents suggested likely exchange date of 12 April, but that's clearly not happening as the HA sales person emailed Thu advising completion of the development was now likely mid-May (originally mid-April) and they…
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To Pay Off Buy To Let Mortgage or not?
Hello Please can you advise on the following any advise would be much appreciated I currently own 2 buy to let properties each has about 55k balance remaining to pay... but if i let the payments run their full term its 80k each. My situation is that I need to move out of my main residential house. Both of the BTL mortages…
