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Mortgage Approval
Hiya, we have just reserved a new build house and have a mortgage in principle. This has happened sooner than expected (house is just what we were after in a perfect location and we wouldn't get another opportunity like this as this is the only new estate in this area and buying pre owned houses are too expensive plus…
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Claim for missold Endowment Policy
Hi Guys I clicked on the link below but it didn't take me to the article about missold endowment. I would appreciate it if someone could send me the correct link as I want to check if I can submit a claim for a policy that I was sold some time ago. * Read the article Act now on missold endowment (includes when and how to…
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Panicing over online broker giving me bad information?
Hi, I've barely started (first time buyer) and I'm getting really quite confused; I got an agreement in principle from the bank (Barclays) as a quick online thing, saw a really nice house come up, jumped on it and got the offer accepted. I've got the solicitor arranged and took everything down to the estate agents and that…
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Interest Only Mortgages
Does anyone know if there are any straightforward interest only mortgages around? Just tried Virgin money but they need a minimum income of £75000, tried another but you have to be within 5 years of retiring. I have a property without a mortgage & am looking for somewhere bigger. I'm in the slightly sad position of…
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Broker Health Questionnaire
My Broker has sent me their own 17 page health questionnaire and reading through it it really seems like they are asking personal questions. Why would they want to know my trouser waist size and clothing sizes? Is it a legal requirement or can I say no? I don't see what size trousers I wear has anything to do with a…
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Santander - Consent to Let
Hoping there may be something who has recently been through this process.... My 2 year fix with Santander is up in November, and we'll be at circa 70% LTV when it does so. We remortaged with Santander after 2 years with Leeds and 1 year with Chelsea. We've never let the property out during that period. We are moving to a…
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Would you chase, or am I being annoying to chase? Or shall I wait?
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BTL, debt and no income
My husband and I currently have 2 btl properties, one with a mortgage through Birmingham Midshires, the other we used some cash and credit cards, cards in my name debt is £38k. Long story short and for my own reasons I want to purchase another btl property with a mortgage solely in my name and without my husband having any…
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Mortgage Broker Taping Phone Conversations
I was dealing with a mortgage broker who (to cut the story short) wasn't dealing with my enquiries or application to get an AIP for a buy-to-let quickly enough before I went on holiday, despite earlier promise to deal the matter quickly. Despite several messages to check his availability to complete the application as…
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Nationwide remortgage, renovating and becoming self employed
The 2 year fix rate with Nationwide is coming to an end in the beginning of next year. We are going through full house reno and hoping to increase value. The only problem is the change in circumstances as my husband became self employed. Is making more money but I know may be hard to remortgage. I am back to work after we…
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Does Switching Lenders Involve Checks?
Hi, my fixed rate package is up in October and I'm looking to renew it, my current lender is offering a cheaper package than my current package but other lenders have better packages I believe. The trouble is I'm currently between jobs and VERY low on money (basically 0 right now). If I stay with my current lender, there…
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Fees when geting a property gifted
Hi my parents are gifting me and my sister there property . We have planning permission to convert there three bed (est value 275-300k ) into a 6 bed so we can care for them . Me and my sister own the property I live in half each . I live with my partner . We are looking at renting my property £1000-1100 .BTL interest only…
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Nationwide Mortgage Confirmation
Hi, Okay so we have a planned completion for this Friday, We have not yet exchanged however I got a text and email from Nationwide last Friday saying "Funds will be send on the 18/07/19". Now I have spoken to my solicitor this morning, and she said she is just waiting for confirmation of funds from the lender?? Would they…
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Repaying Help to buy equity loan early
Hi everyone, We bought a new build in 2017 and borrowed 20% from the government on their help to buy equity loan scheme. We have since learned that house prices in our area have gone up and will likely continue to rise. I am looking into the prospect of adding the loan amount to my mortgage now instead of at the end of the…
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Mortgage questions from a ftb
Hi hoping someone can help answer my questions. In my current job I will get £15000 in bonuses. Half in 2 years and the other half in 4. I won't get them again after this. Can these count towards income at all? Is it possible to get 5 times mortgage loan? Even with say a 30% deposit? Or is there some law saying lenders…
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Leasehold company charging to change name
Hi, we bought a leasehold property back in August 2017, but continue to receive rent payment requests addressed to the previous owners/current occupier. I contacted the leasehold company to be told that a letter from our solicitor would be enough to put our names on the account. Instead of the previous owners. Our…
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Mortgage, saving and credit card
Hi all, Saving to move from a mortgaged apartment to a bigger home, aiming to move summer 2020. I have about £1500 on credit card - I've been paying off £300 a month and planned to continue to pay it off (I normally exercise better control over credit card), but thought that would it perhaps be better to pay off smaller…
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Remortage - Buy to Let
Hi all, So we have been looking to move for a while now. Unsuccessfully went on the market last year (estate agent didn't help mind...) Anyway we have thought about a different route - buy to let. And I have a few questions that hopefully I can get some advice on. Our situation: We own outright our property. No mortgage.…
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Mortgage on part of building
Hi experts! I am hoping someone with a lot of knowledge can help me. The story is really really long winded so just to be brief.....would mortgage companies ever lend on part of a whole property? If the property is a bungalow and say the lounge, kitchen and utility room and front door is owned by a neighbour and the the…
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Halifax Mortgages
I am currently getting my first mortgage which i have had in offer from Halifax in writing. Does anyone know at what point they ask for bank statements as they only asked for payslips but most lenders ask for both dont they? Thanks!
