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Kensington Mortgage Co
Hi All, First time posting just hoping for some people to share their experiences if they have dealt with a mortgage application through Kensington before. My partner has his DIP from Kensington against a 75K house. He will be sending the usual P60, 3bank statements, 3 payslips and ID next week. He has previously had bad…
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Help to buy Scotland
Hello everybody :-) With my partner we are thinking about buying new flat with help to buy. I am just worry what if bank says that we can borrow enough to cover the whole price ? and if we have enough savings to pay 10% deposit, can we pay just 5%? we would like to keep some money for furnishing the flat and rainy day.…
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Natwest - Lending on raising finance
It looks like we may be able to raise enough deposit without selling our existing home. We still are selling our existing home but we are wondering in the interim so as not to lose the house we want to buy what implications this would have on our existing mortgage offer with Natwest and would they actually really need to…
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Issues selling/part-exchanging a house with a Help to buy equity loan to pay off.
Hello, we are having issues with selling our first house as nobody from the acencies that we have spoken to know the full rules and regulations around houses with a Help to buy equity loan. We purchased our current house in Gateshead approximately 3 years ago with the help of a H2B equity loan. We are looking to move house…
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My mortgage payments will double as my ex partner who doesn't pay the mortgage refuses cheaper rate
Please can anyone help with any constructive advise? My ex-husband left 6.5years ago taking our business and vehicles with him and leaving me to pay the mortgage on my own. When I divorced him, we looked at our assets and realised that what he had already taken was the equivalent value to the equity in the family home, so…
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Mortgage payment on same day as settlement
I pay my mortgage payments by DD on the 1st of each month. This month it was the 3rd because the 1st was a Saturday. However, on the 3rd, I also switched mortgage providers (Newcastle BS to HSBC) and my previous mortgage was settled by HSBC. On the same day, Newcastle not only took the monthly mortgage payment, but they…
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Clarity needed
Hi, we are currently in a fixed deal until 31st August 2019, the rate is 3.75% we will have 15 years left as of August. Our mortgage total debt is £82,000 with a house value of £160000, our current payments are £567, but overpay by £50 a month, so £617. We like the idea of a 10 year fix, so got in contact with a broker,…
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silver mortgage
Hi all new to the forum. Coming to the end of an interest only mortgage and looking to either remortgage or sell and have a new mortgage but I am 56 and my partner is 65 are there options regarding the amount of years eg could we apply for a 10 year term mortgage? Or we could sell and downsize. House value £560,000,…
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Should I dispute my mortgage???
I currently have 5 mortgages on my house totalling to around £100,000, thanks to my ex husband who applied for loans on the house without my knowledge! I am currently divorcing him and I wanted to see if he had forged my signatures on the mortgage application forms so I contacted the mortgage company in order to get copies…
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First time buyer purchasing property alone
Hello Was just looking for some advice/help for anyone who may have been in a similar situation to me. I am 23 and looking to buy my first property and will be buying alone. I have 32k in savings and my salary is 28.5k. Average 2 bedroom apartments in my area are 280-300k. Because I am in a London Borough I am eligible for…
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strange Mortgage advice due to work abroad
Good Afternoon Sir/Madam, i have a quick query about getting a mortgage, i first went to a lender and got an agreement in principle for a 90% mortgage on a property that i have had an offer accepted on, during the mortgage advisor interview my job came up. I am a full time employed project engineer working for a UK company…
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Endowment waiver of contributions
Can I reclaim waiver of contribution on endowment mortgage? I have had loss of income insurance all my working life and told them I didn't need this but was told there was no option if I wanted a mortgage (1994). The endowment itself was not missold they explained it may not cover the full amount depending on market…
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Mortgage with CCJ and large deposit
Hi everyone. My story is my husband and I have found a new house which requires a £230k mortgage , we have £200k equity in current property so good LTV. We both have permanent jobs with joint income of £80k per annum. I have a satisfied CCJ registered in 2014 and settled in 2017 Husband has no adverse history . Since 2014…
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Deposit - Parents Gift
Dear all, I am planning to buy my first property in UK and my parents will be supporting me by sending a large amount of money from abroad so I have a substantial deposit. If this is the case what sort of documents do i need to prove that this money is sent to me by my parents and its purely act as a deposit to purchase a…
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Am i doing this right?
Hi, I am trying to calculate my debt to income ratio. My gross monthly pay is £4550 and my total unsecured debt payments are 618. I have done the following calculation - 618/4550 = 13.6% debt t to income ratio - Have I done this right???
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Birmingham Midshires overpayment refund
I came home from work tonight, to find a letter and cheque from the above mentioned bank with a cheque. It states "Although your mortgage account is now closed, when it was open and we changed your monthly payment, we did not always calculate it as accurately as we could have. Because of the impact this had on your…
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Execution only Mortgage Broker
It might sound like a bit of an oxymoron, but are there any mortgage brokers who are happy to effectively provide an "execution only" (for want of a better term) service for borrowers who already know which mortgage they wish to apply for and just deal with the application for a reasonable fixed fee and rebate any…
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Is there Any hope? Mortgage after bankruptcy for HOLD shared ownership?
Ok I really need some help and I can’t seem to figure out the answer! I’m eligible for the home ownership for long term disability. I would need a mortgage of £53,000. I was discharged from my bankruptcy just over 6 years ago. My income is purely from disability benefits. I receive a fair bit due to being ill and having a…
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Nationwide mortgage overpayments
Hi I've had a look at the other threads on this topic but have questions and want to make sure I have understood things correctly before proceeding. To be clear, our goal is to reduce the amount we need to repay. We have a Nationwide mortgage that we can overpay by 10%. We now have £300 pcm that we can overpay by.…
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Locking in mortgage before travelling
Hi, I am looking to lock in a remortgage 3 months before the end of my current agreement. Once it is locked in I aim to quit my job and go travelling for a number of months. Is there any risk in this or will the mortgage just switch over without them needing to know if my circumstances had changed at all? Unfortunately due…
