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Mortgage Deposit Help!
Hi everyone! Do you need to have the full deposit before you can apply for a mortgage? I want to make an offer slightly higher than my agreed MIP because I’m going to lose the house. I need an extra 2400£ added to my deposit and I shall have this in my end of August payslip. If I offer the higher amount on Monday to secure…
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Halifax architect certificate 15 properties?
We are half way through buying a house on a new development. When we applied to the Halifax we wasn't asked if it had more than 15 properties only that it has an architect certificate not a NHBC. Now there is a long pause and the solicitor says that there shouldn't be an issue as long as we grant the Halifax first ranking…
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additional credit when waiting to complete
Hi, I'm in the process of buying a new build that is due to be completed in March 2020. We sold our existing property, and have exchanged contracts plus deposit with the house builder and we are now in rented until we can complete next year. I would like to take out a loan, £8,800 @ £150p/m and the affordability is OK…
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Advice for a FTB
Hello, this is my first post but I have been trawling the forums for a while! We have decided to purchase our first house. Offer accepted last week. We've had an aip with Santander last week and the full mortgage application in aswell. My husband is the one applying for the mortgage as I don't work, he is self employed,…
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Implications (tax) of giving my partner's parents £80000 to buy their home.
Hello. Not sure if this is in the right thread, so apologies. I've recently been left with an inheritance of £150000. Me and my partner are already financially secure and wanted to know what the potential implications (tax or otherwise) are if I was to give his parents £80000 to buy their home? It's a council house and…
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Precise wouldn't deal with company??
We have gone for a new build and before they sent everything to underwriter they have contacted the broker and said they won't lend to us because of the new build has anybody had this before ?? Apparently nothing to do with us and broker said it could be to do with they had repossessions in that post code or the…
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Mortgage application passed to senior underwriter as they are a bit concerned about travel costs?
Deleted post now
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Mis-sold Mortgage advice
Hi everyone. This is my first post, but I have been hanging around these forums for a while for all sorts of things. I’m posting today to ask for opinion on whether I may have a basis for claiming for a mis-sold mortgage. I have read many posts on here about the subject but none of them fit my case. It’s a bit long winded…
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Mortgage LTV advice
Hi all I'm after some advice on my mortgage please. Current mortgage debt is 103k with ybs ending in October They currently estimate our property values at 160k which is 64.25% LTV. We have just had another bedroom and bathroom added to make it a 5 bedroom house which looking around my wife and I estimate the value to be…
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Natwest
Sorry if this seems a daft question.. I've logged onto my natwest mortgage account and the renewal deals are about 0.5-1% higher than the new customer rates on their website. Never missed a payment or anything, never had an issue with them.. Is this normal? Has anyone else had this problem? I plan on calling them but…
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Can anyone please help with this divorce/mortgage mess?
Hi everyone, I was hoping someone could help and offer advice. My partner split up with his ex wife 5 years ago. Their divorce is still pending. His ex wife has told him that she can't take his name off the mortgage because she says her credit score is too low. Natwest have told her that because her credit score isn't good…
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Mortgage as an Apprentice
My son starts a degree apprenticeship in September - a). will he be able to get a mortgage. Earnings: 14200 pa; value property: 160,000; LTV 40% ? b). will he be able to get one ASAP in sept or will he have to wait until he's got a series of pay slips? (He has signed an agreement to stay for a min of 6 years..). Thanks
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Lower Rate if I overpay my Mortgage??
Sorry probably a basic question but I get myself confused I am about to find a new mortgage deal and some of the rates I have been offered on a 2 Year Fixed are: 1.69 % (Without £999 Fee) and 1.31 % (With £999 Fee) at the moment the best deal seems to be without the fee albeit by a small amount, however my question is…
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Thinking Ahead
We are currently on a two year fixed rate deal that we took out with Kensington to purchase our forever new build home. The rate isn't great which reflects my credit history which has two CCJ's on file. One unsatisfied which is due to drop of my credit file in October of this year and one satisfied which will remain on my…
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Changing product at application
Does anyone know if this will cause issues? Broker and I discussed products and submitted application to The West Brom. 5 year fixed with £1500 cash back. Broker emailed me late today with some paperwork and I can see that the interest rate is that of the product without the cashback. I've emailed them back to check this,…
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Help to Buy and additional Borrowing
Hi all Would really appreciate some help if possible. We are approaching the end of our 5 year Fix with H2B. As I understand it, we cannot take any additional borrowing in the mortgage until we have paid H2B, as such I am assessing options. If I remortgage and pay H2B, am I then able to apply for additional borrowing once…
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selling endowment policy tax liabillity?
selling withprofits endoment due to mature in 2024 (25 year policy) if i sell this policy now after 20 years would i be liable for tax?
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club together mortgages!
Hiya, Please could you tell me if this is possible. A friend is selling a property that my stepson would love to have, however he cannot afford it by about £15'000,. His father and I are in a position that we could afford to buy outright the share he cannot afford. Alternatively to get a mortgage on it. he might pay us…
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Over pay or save
Hello MSE, I’m curious as to what is the best option for me and my partner. I bought a property last year and got a mortgage of 190k over 35 years. However I have recently come into a new job and have around 10-20k extra cash a year. Obviously this is a massive amount and I am now looking at upgrading properties. So my…
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Complicated reasons looking for a mortgage disabled
Hi folks, This is complicated so I will try to keep it as simple as possible. I am a carer for a disabled person who is in receipt of PIP and ESA. I am also disabled myself and in recepit of PIP, Income Support and Carers Allowance. The person I care for lives in a property that is suitably adapted for him, renting from a…
