-
Remortgage decisions re term length and ERC
Hi We have a mortgage deal ending so we are looking to remortgage with the same lender (Nationwide) as its just easier and they are comparable to other lenders. We owe £117,000 and our house is valued at £320,000 with 12 years left on our term. They are offering (all no fee) 2 year 1.89% fixed 3 year 2.04% fixed 5 year…
-
5 or 10 year fixed term?
Which should I choose? Nationwide offer me 5 years at 1.89% if I pay £999 fee. 5 years at 2.09% no fee. 10 years at 2.69% if I pay £999 fee. 10 years at 2.79% no fee.
-
Incorrect mortgage advice from bank?
I own my UK house outright. It's worth about £500k. I've just bought a small property in Spain, for £100k. I borrowed the money for the Spanish property from a relative (the apartment needed snapping up, so it was quicker that way). I recently went to my bank to try to take out a mortgage on my UK property (which has no…
-
Virgin One Account - compensation offer
Has anyone else had a letter from Virgin One account offering compensation due to a unilateral reduction in their facility some time between 2012 and 2014, and having to move house as a consequence? It seems odd but it's genuine and I'm wondering what's prompted it and how many others are affected. (And am I missing…
-
Local Mortgage Broker vs Online Brokers
I think we have not very straightforward case in our hands and looking fro some advice. Our joint income is of £40k and we have a deposit of £25k, wanting to buy a £200k property. My partner is a FTB but I had property in my name up to September last year. This is where it gets complicated... I get rent income from a…
-
Melton group - still waiting for mortgage offer, is this normal?
Deleted post now
-
Adding wife to deeds/mortgage
Looking for advice thanks in advance I currently own a house with my wife in Northern Ireland value of house 300000 mortgage 140000 I am currently in a deal with Barclays fixed 2 percent until 2024 My wife wants to be added on to the mortgage deeds for security What is the best way to do this as there are large fees to get…
-
Early repayment confusion
Hi all Looking for bit of help please. We very foolishly signed ourselves into a crap rate for 7 years and I'm looking to see if it's worth paying the repayment fees and getting a much shorter term. We've a bit of money to reduce the loan also and would quite like to keep the money payment the same to reduce the years. The…
-
Get a mortgage with a tier 2 visa as nurse working in NHS
Hi! I am a nurse working in the NHS on a tier 2 visa, while my partner is a self employed gas engineer with a British passport. Our combined income is around £65-70k per year. My question is: is it possible for us to get a mortgage despite my visa status? I have been working for the NHS (and in the UK) for 2.5 years. My…
-
Changing Property on offer. Received application withdrawn letter?
I’ve received a letter dated 19th, quoting my new property as a reference. It states further to your recent instructions to withdraw your mortgage application we have closed your file. Lette is dated a day after underwriter confirmed to mortgage broke they were still happy to lend to me pending valuation on new property.…
-
Mortgage over-payment ?
Hi I have a Halifax 5 year fixed mortgage at 3.04%. I would like to pay off a annual 10% of my mortgage loan without incurring any early repayment changes whilst I continue to pay the agreed monthly repayments of £257.45. I understand I can do this between 01 Jan - 31 Dec. Having done two web chats with Halifax they have…
-
Mortgage and new fixed term job
I have recently found the perfect house with my partner, spent a while haggling and now we're accepting the final price tomorrow. However, I am potentially getting a new job next week, it is a 12 month fixed contract training course/job placement and I would be qualified for high level jobs following it with a near…
-
Property Purchased through Ltd Company
If a property is purchased through Ltd company is shareholders name registered on land registry?
-
Buy to Let Mortgages
Hi Can any mortgage advisors or people who have buy to let properties give an insight on how it works please? I have heard people buying properties to rent out every 4 years and owning multiple properties throughout their lifetime. I was wondering how this can be done. Obviously, in the past house prices were much lower…
-
Virgin Media Credit Check
Morning all, I started to get the ball rolling with our current broadband provider (NowTV) only for them to say they don’t support fibre in the area we are moving to and will have to downgrade to the lowest package. Anyway I have cancelled NowTV as I can get Virgin fibre at the same price. I went through the process of…
-
Mortgage for NQTs
Hi, My partner is a NQT and has just started her position. We have a Decision in Principle on a Mortgage from the Teachers Building Society but I was curious to know if any other lenders are willing to lend to people in our position?
-
Mortgage With 2 Settled Defaults.
Hi good morning. My partner and i are looking to buy our first home. I have a clean credit history with no debts at all, he unfortunately had 2 defaults back in 2016 both of which didn't come to light until we first applied and both have since been paid off. One was for £225 and the other was £900. We have a 5 percent…
-
Buying property and piece of adjoining land at same time?
My wife and I have had an offer accepted on a house we'd like to buy. We've got the mortgage in principle sorted today. The MIP notes that they're happy to lend us more than we're applying for. What we've learnt this evening, is that a parcel of land next door to the property is also currently for sale, at what feels like…
-
Remortgaging Query
Hi, I'm in the proces of buying a house with a 95% mortgage in order to retain some funds for renovating. I expect that I will spend £20k on renovation work which I hope will increase the value by roughly the same amount. My question is, what options will be available to me in 2 years time (end of fixed period) if the…
-
Help2buy application
Who applies for help2buy the mortgage advisor or buyer? I mean the application form.
