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NI number on mortgage application
I gave my mortgage advisor my national insurance number. I had my doubts but he works for a FSA backed company and I told myself i was overreacting. However, now I want to know if it's normal for someone to need to give out their NI number for a mortgage application.... Thanks in advance.
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Fixed Rate Mortgage Interest Query
Hi all, my fiance and I have just received our annual mortgage statement and have a query about the interest we are paying on it. We are on a 5 year fixed rate, but the interest we are paying each month is going up and down. We are wondering if this is correct, as in theory as it is a fixed rate shouldn't the interest we…
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Financial Advisors
Are they worth it? For a change ive gone with one on my new house purchase, however after comparing the deal ive got vs the ones i can find on moneysupermarket it is actually costing me more per month. I have been told theres usually a lot of hidden costs and you wont get the rate advertised on comparison sites, is this…
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Paying off
Hi there, How do you pay your mortgage off in full? We’ve got a new contract in our business that allows us to. We have 20 years remaining as it stands.
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Help to buy - previously inherited or not?
Hello My mum died in 2010, intestate. Before the estate was shared out, I signed something at the solicitors saying that my brother could have the house. There were four of us, and it went to my brother. The estate was shared out and I received a cash sum which was the share of her pension, not from the house. I didn't…
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Is remortgage the right move?
Hi, So basically I'm really confused as to what to do with my mum's house. I live with her and she is separated from my dad for over 10 years now. Both of their names are on the current mortgage, my dad took out two £25,000 loans on the house which we got nothing out of. He refuses to pay anything towards the house which…
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CLS Money
Has anyone use CLS money to remortgage? Just need a bit off feedback on whether to use them as a mortgage broker, or if anyone had a bad experience with this company?
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Kent Reliance Advice Please
Hello All We have just been allocated a S/O new build. Have used a broker who has been so helpful....we had Mortgage in Principle for Leeds which then got declined Then Virgin - instant decline I have an Arrangement to Pay on a credit card, all paid on time and nothing else adverse on mine or my partners credit files Our…
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Interest only mortgage with over payments
Hi, I have an interest only mortgage and I am allowed to make 10% overpayment in a year. I now have to renew the mortgage and I am wondering whether to leave it as interest only mortgage and do an over payment every month to match the repayment mortgage amount as I want to repay the debt slowly. I want to keep it as…
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Dmp
Has anyone had experience of remortgaging with a DMP? defaults have now been removed from credit file after 6 years. DMP still active with no missed payments, would like to know if I would have to use a specialist lender or any recommendation of mortgage brokers who could help. Thanks
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Remortgage
Has anyone use CLS money to remortgage? Just need a bit off feedback on whether to use them as a mortgage broker, or if anyone had a bad experience with this company?
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Estate Agent not fully informed me, what should I do?
Hi all, My partner and I are currently undergoing our first purchase, and decided to go through the estate agent to setup the mortgage and make sure everything was good, which I now regret. We went in, and they gave us the speech about how they're providing honest advice and giving us what is best for us and so, we were…
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First Time Buyer, buying alone with debt
Hi, this topic may have been covered before but am really hoping for some advice. I am aiming to purchase a house on a shared ownership scheme and will be doing this alone, hence the shared ownership option. I currently have 15k of credit card debt and a car on HP which costs £250 per month. I am working hard on clearing…
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Atom - falling at final hurdle?
Hi all, I think I perhaps need some reassurance. I have applied with Atom for a 90% LTV mortgage that releases a bit of equity. This is through a broker, Habito. I have the Atom app on my phone so can track progress. Decision in Principle had been made Application made reviewed and passed onto next stage They sent someone…
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Additional borrowing for home improvements
Hi I have previously posted about getting a loan for home improvements and recently had a conversation about this at work. Someone told me today that you can borrow and add this to your mortgage if the value of your property is going to be worth more after the renovations have been done. My immediate concern is that we…
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Remortgaging to release equity
Dear all, I bought my current house for about £150k 5 years ago with HSBC mortgage. My current outstanding mortgage is about £100k. The current HSBC best mortgage rate is 1.74% (2-year-fixed rate LTV 70%, fee free), and I am happy to switch to this. I noted on HSBC website, there are 2 options (Option a & b): Option a) I…
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Mum and Dads interest only mortgage ending
Hi, I'm a newbie and after a bit of advice - so thanks in advance. Currently, my family and I are renting off my parents - at £450 a month for a 2 bed. Unfortunately their interest only mortgage comes to an end the end of this month. My Dad is trying frantically to remortgage but unfortunately he now has adverse credit due…
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Mortgage and property registration
Quick question: A couple I know are divorcing. One wants their name taken off mortgage but not 'sell' their half immediately so that the other can keep the home for a while, so no change to title deeds. I would expect the lender to say no but, being no expert, thought I'd ask on here if it is possible to alter a mortgage…
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Mortgage + Transfer of Equity Fees
I am planning on taking out a mortgage for half the cost of a family members house so that we can joint own it. This will be my first house purchase, but I believe it counts as a 'transfer of equity'. The house is currently owned outright with no mortgage. I am trying to budget for how much deposit I would need, but I am…
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Remortgaging to release equity
Hi I was hoping for some advice please! We purchased our property about 7 years ago and as of last year it was valued at £400k with a £176k mortgage on it. Last year we did a big extension costing about £150k which we borrowed from family with the intention of extending our mortgage to release the funds (the full amount…
