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Remortgage, valuing my property?
Looking to remortgage after 3yrs of buying my first property. Lenders request a valuation, is zoopla the best guide for this? Should u go with with the estimate under your individual property or should you take the street average for similar houses? Thanks
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Precise Mortgages - betting transactions
Hi there, We have sold our house and we have have an offer on another house We have a DIP with Precise mortgages which I am happy with as I had a CCJ on my credit file which I was unware off at the time - I have since arraanged an agreed repayment plan We have a combined salary of 70k coming and and we do not have any…
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Mortgage - what counts as income
I am applying for a mortgage (I have a DIP) but want to make sure I can get the best possible rates. I put down my yearly income as about £28k, however I also do a lot of OT + a 3k yearly bonus. I worked out my actual income is about £47k. It is highly unlikely I would lose the extra pay - and if I did I would be moving…
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Applying for a mortgage - credit score advice
Short version: Would applying for a mortgage only 3 months after applying for a new credit card be a really bad idea? I do not have any credit card debit, I just got a card for rewards and to improve my score. I wanted to get a mortgage for my first house and was looking at ways to improve my credit score to get the best…
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NRAM interest only 12 years
Hi looking for some advice. We have been with NRAM for over ten years. We are part of the bad mortgages stuck on interest only. We have had our house valued and thankfully it is now worth more than we paid. We have no equity in the home, other than what the increase in value would give us if we sell. We both work but have…
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Mortgages in spain
Greetings, Back in 2006, I took out a mortgage on a property in Spain,which will be my "retirement home" in the future. The mortgage was arranged through a "Mortgage Adviser"in Spain.The mortgage was with "Banesto Bank", who have since been taken over by "Santander", and I now pay my mortgage to them.The Spanish "Santander…
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1st year self employed mortgage
Has anyone successfully got a mortgage offer based on 1 year self assessment with Halifax? info - first time buyer, now with 10% deposit, partner has 1 year self employed records We are having issues with Mortgage advisers and beginning to loose all trust in them! The first one we engaged was positive told us we could…
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Aldermore Timescale/process
Hi, Currently in process of buying new house. Have used a mortgage advisor due to bad credit history which is why I am with Aldermore. I am just wanting to know what people’s experience has been with timescales? How the whole process goes through/different stages etc? All possible documents were sent over with application…
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Remortgage advice
Hello A bit of background. We bought a house worth 350k and put just over half the amount (180k) down. We have since invested 30k in renovations and recently had it valued at between £380-390k. The problem we had is that we accumulated debts of around 10k as we had to take a loan out for 5k to finish the work and have also…
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Remortgage; what to do short term?
Hello all, I'm new here so apologies if this thread is in the wrong place. I'm planning a house extension which is to be financed by remortgaging, and my aim is to begin works within 18 months or so, pending successful planning approval. My question is in two parts; a) If I successfully remortgage for an amount more than…
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Consent to Let with Defaults
Does having late payments and/or defaults on your credit files prevent you from getting consent to let? The lender is Nationwide and none of the late payments or defaults are with Nationwide.
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Is this cheeky?
After a couple of years trying to save for a deposit for a mortgage to buy my first home with my wife, it has got to a point where it seems like an impossible task! Is it cheeky that we started a go fund me page to try and get support? You can only live with your in-laws for so long right?
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Nationwide Overpayment Reserve
So for the last 10 years we have had our mortgage with Nationwide and making regular overpayments - now adding up to about 36k in the Overpayment reserve. We are now due to pay off our house early next month - owing only just under 3k so I rang to speak to Nationwide and I am now very confused.... I asked what fees we had…
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How will you pay your fees?
Evening Just part way through a mortgage application and im sure i will get the question ''how are you planning on paying your fees''? All should be well meaning with my £35,000 deposit saving i will just have enough for my fees £4200 before my next wage. Will they say this is too tight ? Can i say i will pay on credit…
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Mortgage valuation question
Hi I am in the process of remortgaging and my mortgage provider has requested a valuation. Over the last 2 years I have renovated the house which includes a brand new roof (not just tiles but completely new roof structure) completely rewired and replumbed with underfloor heating and new boiler. Added an en-suite and…
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Question on offer
Hi. Need some help. Our mortgage was approved 16th Aug for the full amount and no conditions How long does it take to get the offer by post? Mortgage is coming from Santander. Know they have a backlog. The broker has asked for them to send the offer ASAP. Thanks for your help :-)
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Undervaluation help and advice please?
Hi Guys, FTBs here hoping for some advice. Me and my partner have had our offer accepted on below property, for 320k - valuation via nationwide has come in at 312k (we cannot afford extra 8k and dont think the seller will budge, already had some back and forth on initial negotiations. Gahhh - not allowed to post links,…
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Ex-partner's name off deeds
Hello Is there any reason why I can't take my ex-partner's name off the deeds to the flat, but NOT the mortgage? If I have their agreement to do this, is there any reason the mortgage company will not allow it to go ahead? I don't want to speak to the mortgage company before I know if this is OK. I would need a solicitor…
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Searching for new insurance, whilst waiting to buy a house
Hi We've had an offer accepted on a house, mortgage approved and just awaiting survey results. We need to renew the home insurance on our current house but, on completing a quote with John Lewis (i'm trying to get quotes with companies who don't have cancellation fees), it said that it would show up on our credit file. Is…
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Mortgage for property in Germany - advice/broker recs?
We've found a house in Germany that we would like to buy and are ready to move forward. Does anyone have any experience of buying in Germany? I have spoken with a broker who informed me that I cannot get a German mortgage because my salary is not paid in Euros, and that UK banks no longer provide mortgages for property…
