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New mobile phone contract between mortgage offer and completion
I know the general advice is to avoid any credit checks / new agreements unless absolutely unavoidable, but I'm going to ask anyway... :p Joint mortgage, 16% LTV, neither of us has any debts and we both have excellent credit scores. Both in permanent jobs. Mortgage repayments will be <10% of our net income. I really need…
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Best to repay debts before arranging mortgage?
My wife and I are looking to purchase a house. This will be dependent on a mortgage. Our deposit for the purchase (HTB EL) is mainly based on an inheritance, which has just been received into our bank account. Currently we have approx £5.9k in credit debts, split between a consolidation loan and some credit cards. We will…
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Mortgage affordability.
Hi all. Looking for advice. Mortgage offer was accepted and ready to go, just waiting for new house to be built. Been in a position where the mortgage had been in place since Early july - no issues...well there was a disagreement about the ERC but we have got it back and compensation on top. Anyway. The mortgage advisor we…
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Remortgaging Options
Hi MSE's I currently have a two part mortgage and the original 5 year fix has finally reached the point that I can start looking to join the two parts together. I'm going to stay with my current lender as the other deals I've found aren't that much better to justify the hassle and costs of moving lender. My current…
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How long after cleaning debt
Hello, I was wondering how long it takes before you apply for a mortgage after clearing all debts? Do you have to wait x amount of time before it’s updated on your credit file? Thank you
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Mortgage options
Hi all, out of these two options does either strike you as 'better' in any way? Interested to canvas opinion and see if there's anything I've missed. Barclays 1.93% Five Year Fixed (62 months) Set up fees £1,034 (Product Fee £999 Other Fees £35 Monthly payment £807 for 62 months then £1,028 for 23 years 10 months MSE Total…
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FTB question on process
Hi there, A quick first time buyer question. We have just had an offer accepted on a house. In this situation, should we get in touch with 1) a bank to apply for a mortgage (already have the AIP) 2) a solicitor 3) a surveyor all at the same time, i.e. should there processes run alongside each other, or is there a certain…
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Mortgage Offset - Repayments Help
Just wondering if I could get some advice on my mortgage offset I have with Barclays. I've been on the phone to them about 3 times now and I'm still confused. Let me explain... I have a mortgage left of around roughly £119k. I have fully offset this with savings. My monthly payments have been around £660. I have around 158…
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Removing My Wife!!!!!!
Hi All, I was just wondering if it is possible to take sole responsibility for our mortgage? We are happily married (probably as we have only been married for a year!) but my wife has a poor credit rating whereas mine is quite good. I would like to take full responsibility for our remaining mortgage and wondered if it was…
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Telegraphic Transfer Fee
I've got my mortgage offer and it says that there is a £35 Telegraphic Transfer Fee to transfer the funds of my mortgage to my conveyancer. Is this a charge by the bank or a charge by the conveyancer? It's on Santander's paperwork, and there's no mention of the conveyancer charging this fee on any of their paperwork to me.…
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Removing My Wife!!!!!!
Hi All, I was just wondering if it is possible to take sole responsibility for our mortgage? We are happily married (probably as we have only been married for a year!) but my wife has a poor credit rating whereas mine is quite good. I would like to take full responsibility for our remaining mortgage and wondered if it was…
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FTB Aldermore mortgage timescale
Hi wondering if anyone could help me with a rough timescale/join me in waiting AIP - 19/08/2019 Full application - 20/08/2019 Valuation carried out 22/08/2019 Valuation came back as approved 23/08/2019 Husbands final payslip was requested which will be sent to them this Friday 30/08/2019 After this payslip has been sent in…
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Adding cost of repairs to mortgage
I have been overpaying my mortgage and have thought of that as a form of saving. I am about to remortgage and I am thinking of adding the cost of some repairs / improvements to the mortgage. The repairs are to a wetroom floor which needs doing, but at the same time I would replaster the ceiling and get it retiled and…
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Can we do this?
Hi guys, Bit of a long story but my mum recently split from her husband and they have both agreed to sign the house over to my mums name. She will struggle to pay the mortgage on her income only and has looked into the Nationwide Retirement Interest only mortgage (she really doesn’t want to have to sell her house). She…
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100% Offset
I've been searching for posts that discuss offset mortgages, and a couple of times I have seen the suggestion that you don't tell the provider you are planning to offset by 100%, or that lenders don't like 100% offset. I can see why that might be the case. In theory 100% offset means no interest payable, with just the…
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Current Mortgage Fixed Rate
Hi, My current mortgage fixed rate is coming to an end on 31st of October (yeh brexit day..). I am in the process of applying for a further advance with Nationwide to pay off my help to buy loan. My question is... Will the LTV rise on the main portion of the mortgage after the further advance has gone through or will this…
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Looking for a mortgage as a Bank Nurse
Hi guys, I am hoping to buy my first house. However I work full time as a Bank Staff Nurse. This means that although I sometimes work over 37.5 hours a week, I do not have a permanent contract and receive my pay in weekly payslips. I have a help to buy ISA, good sized deposit and no negative credit history. Does anyone…
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Defaults stopping me from getting a mortgage
My partner and I are trying to get a mortgage together. We tried in January, but a CCJ stopped us. I have had this successfully set aside. I also have a dozen defaults against me, the last in March 2017. The vast majority are from 2013 and 2014. I also have a satisfied CCJ from 2014 on my credit report. Can anyone…
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TSB mortgage
Hi all, I’m here asking for a friend: Are TSB a very strict lender for obtaining mortgages with?
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Mortgage renewal anniversary
First post here after reading the wider website for a number of years! Hello! :) Having a look through my mortgage details earlier and the renewal date (expiry of my current 2 year variable tracker) jumped out at me. Anniversary is now March 2021 - and my original term kicked off in June 2013 when I bought the property.…
