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Mortgage
Hi :o I have a mortgage, and have just noticed i have sub accounts, silly question what are these !??
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Mortgage on an apprentice salary
I’m making a career change and going to become an apprentice on £15k. Having done moderately well in my current career I have a deposit of approx £150k. I’m moving to Yorkshire/ Bradford way and was looking at houses around £210k but when I used the Barclays how much can you borrow calculator it said they would only lend…
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Working out what I'll owe on my mortgage
I'm hoping someone can help me try and work out what I'll owe on my mortgage when I come to remortgage. None of the calculators really offer what we are trying to do. 21 years 5 months left on my mortgage, 3 years 5 months on my current deal at 1.79% Yesterday I owed £96,925 today I paid of 10% £9874 (start of year…
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Deposit conundrum
We've got a mortgage in principle, however the maximum amount they'll lend us is (and our deposit) is not big enough to buy a house for our needs. So our options are to either buy a 3 bed knowing we'll have to move in 3 years no matter what Or Ask my cousin for a loan (to up the deposit) and pay him back ASAP. The…
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1 person named on mortgage
Ok so this is a complex 1 but I wondered if anyone could help. Coming up 3 years ago we bought my mum's council house from the local authority. For 2 reasons. 1. Mum was worried about losing it due to the "bedroom tax" 2. An investment for us due to the size of the discount offered. At the time we borrowed the money from…
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What will happen in this instance with no insurance?
Hi I've been thinking lately about not bothering with life and critical illness cover to commence along with my mortgage, which is due to start very soon. I'm worried about the fact that I'm invested in a house at the moment and about how that will affect things should the worst come to the worst. My mother and I bought…
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PCP on my mortgage application
Hi all, Me and my parter are first time buyers, found the home we love and have way more than we need for the deposit. We got an AIP with Halifax and initially found we could borrow £260k.. turns out we only need £250k. Anyway, the only debt on the application is our PCP agreement (I say our - it’s in my name). However…
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Lender deposit requirements vs Housing Associations requirement - Shared Ownership
Hello Despite lots of research into mortgages and the SO process... I still can't figure this out. For example if the HA wants a 10% deposit for your share, however you are able to get a 95% LTV mortgage, so the lender only needs you to put down 5%... can you pay the HA your 5% deposit on exchange and then fund the…
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Tesco mortgage - do they offer remortgage for existing customers??
Hi Guys, I have mortgage with Tesco and my fixed term will end in 2 years time. Recently Tesco decided they will not offer any mortgages to new applicants. They assured that there is no change to existing customers. I am wondering what will happen at the end of the fixed term ? Usually couple of months before end of the…
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Mortgage offer & credit card
Hello Everyone, Please I need your help!!! I just got my mortgage offer today HTB after about 6 weeks documentation. From my application my broker asked about our credit card which the balance is £4000 between me and my partner, mine £1200 and partner 3kplus. I said to the broker that I would clear it by the completion of…
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Accord Mortgage
Thought I’d share my current experiences as I’ve found reading others helpful. We reserved a new build back in May but couldn’t proceed at the time as we’re using H2B and the developers did not have an address, however our brokers went about getting an AIP. We were declined by Halifax and TSB (broker seems to thing it’s my…
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What are our chances?
Myself and my OH are currently in a private rental however we have had some issues during the 3 years we have lived here with having bad neighbours move and would really like to move. The basic facts are: * Working couple, both in full time, long term positions. My salary is £24k, his is lower around the £19k mark * My…
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Pay off the mortgage ?
Hi All I have currently been with a mortgage provider for 5 years and coming to the end of the term in end of October, I have been paying 10% overpayment every year on my mortgage current LTV is 26% and owe the lender about 82k I have a few options: I can still make a 10% payment now and from November 2019 when the term…
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Any one good at maths?
Hi, I've tried all sorts of over payment calculators, but can't find one that goes far enough into the future to work this out for me. I was hoping someone here could point me in the right direction, or is really good at maths and can do it for me! My mortgage currently stands at £98776 interest rate is 2.49% and my…
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Mortgage approved, but waiting for offer. But In between they required p60?
So we’ve been told by our broker that our mortgage was declined, due to our travel costs to work as we’re moving quite far. Anyway my broker appealed it, and we got a letter from my partners work to say he can get a transfer, and then they came back said they’ve now approved it. We’re still waiting for the offer though, we…
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Arrangement to pay interest only on repayment mortgage
Hi there, First time posting asking for mortgage advice. I have been a forum user in the past but mainly for bankruptcy reasons several years ago. Where in turn I helped others with my own advice and experiences. We came through the other side, cleared ourselves and managed to get a help to buy mortgage with Nationwide.…
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saving for a deposit
Hi folks, I'm saving for a house deposit and hoping to have maybe £25k in about 4 months time. i have a 10 year old car that costs me money in repairs every year! it needs front suspension work and maybe clutch work doing. not sure on cost. im thinking of cutting my losses and getting a newer car. If i do this, will it…
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Could we get a mortage?
I've just come into £100,000. Partner and I are both 52 and currently renting. For various reasons we want to stay in this house for the next 10 years at least. Looking at the possibilities of buying a buy to let house at around £220,000 and renting it out (possibly to a family member) at current market rate. Rental cost…
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Cash overpayment on Natwest Mortgage
My mortgage allows for overpayment - does anyone know if I can do it in cash in a Natwest branch? Can't seem to find info online. I have a few hundred quid cash left over from builders and would save me paying back in to other account and then transferring! p.s. I do not have a Natwest current account Thanks :)
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Clydesdale Mortgage
Hey all, We have just moved into our first property and the first mortgage payment is due September 1st. Can anyone tell me how overpayments with Clydesdale works? I have seen on here that some companies will only accept lump sums over a certain amount whereas other people can overpay by just pennies. Also, how do…
