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Freeholder Ground Rent & Charges
Hi We are Freeholder of 2 flats in a converted house. We are also the Leaseholder of one flat - this is where we live. There is peppercorn ground rent on the other flat of £30 per year which is due to us from the other flat. We have not been invoicing this for some years - does any one know how far back a Freeholder can…
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Best Savings Account (First time buyer)
We have been looking at the ISA Help to Buy and the LISA (Lifetime ISA) We want to open up a savings account and focus hard on saving over the next 2 years. We are a couple aged 27/29 and able to save £500 in total together per month. £500 x 24 months = £12,000 on target. We wouldn't really want to be saving any longer…
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How long from valuation to mortgage offer ?
I’m a first time buyer and we applied for a mortgage on the 21st October, and had the valuation on the 24th October and now are waiting for the offer. I know it takes time but I’m panicking about if we will be offered a mortgage or not, so I’m wondering does anyone know how long Santander usually take between survey and a…
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Sheriff officers - urgent advice required, please help
On Friday, we received a calling up notice via recorded delivery, one for myself, one for my partner and one addressed to the current occupants. This was to inform us that our mortgage arrears are now entering the legal stage, and may result in repossession of our property. I contacted the company dealing with the debt and…
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Assisting son to buy property
Hi, just hoping to get some general advice on helping my partners son to buy his first property. He has autism and we think he would live independently with our support. He works full time, his income is low (£12k ish). We are looking at a property for around £180k, he has savings to put in but we would be paying a…
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Barriers removed for some mortgage prisoners - but Martin says it will only 'unchain a tiny fraction
[BThe financial regulator has removed some barriers that stop mortgage customers from finding a cheaper deal - though many will still be left trapped[/B]...Read the full story: 'Barriers removed for some mortgage prisoners - but Martin says it will only 'unchain a tiny fraction'' Click reply below to discuss. If you…
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Overpayment on Mortgages
Hello I’m a prospective FTB and wanting advice about overpayment so this maybe a really silly question because I’m new to it all :D I know some mortgages offer overpayment under specific conditions etc. What I’m wondering is say I get a fixed term mortgage, when that term ends and I need to get a new mortgage is there a…
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2 part mortgage with different fixed term end points
I've got a question about the situation you end up in when you have your mortgage in two parts (same bank), that have different fixed term end points. Is there something I should do differently now to avoid this, or what are likely to be sensible plans for the future? We are hoping to move from our first house. Our…
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Lowering my LTV to upgrade home
Good afternoon, I'm hoping someone can help. I currently have been in my property for circa 3 years. I bought a 1 bed flat which was enough for myself at the time to get on the property ladder. Since buying it i've had a long term girlfriend move in and it's now not big enough. We had enough money for a larger home, but…
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Remortgage owned property after separating from partner
Hi, I'm separating from my partner with whom I own a house with. The value of the house is around £150k, paid off with no mortgage. I own £130k and my partner owns £20k. In terms of available money for us both, I would like to help her out as much as I can and would prefer she has more than the £20k she owns of the…
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Nationwide timeline
Hi all, i am currently in the nationwide mortgage application process.. Application submitted: Friday 26th October I submitted my application through the nationwide mortgage advisor in branch, so hopefully they won't request more docs! I bought a homebuyer report for them to do inline with valuation but wondering if this…
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Mortgage paid off - Insurances needed?
Hello I am in the fortunate position where I have been able to pay off my mortgage which I have just done. I now need to look at the various additional insurances that I have been paying to identify which, if any, will be cancelled by HSBC automatically or which I no longer require. I have the following:- Individual Income…
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Name not on mortgage
Evening! Can anybody advise regarding my situation. I am married, together for 13 years. Husband owned property one year before we met. We now have a 7 year old dd but he is reluctant to put me on the mortgage/deeds but he will not explain his reluctancy (not a matter for this board I appreciate not does he understand my…
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advice on remortgaging Shared Ownership
I hope that some members that have been in the same situation before me have some advice...here we go... We own 25% of a shared ownership apartment ,our mortgage is up for renewal in the next few months.We would like to stay with the same lender and ideally staircase to a bigger share (possibly up to 40%).My question is;…
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Equity Transfer - Is SDLT payable for foreign divorce?
Can someone please advise if SDLT is payable for equity transfer for a property as a result of a divorce where the divorce is not in the UK ? Regards
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Credit card history and mortgage application
I have two credit cards One with a balance of 2.2k with a 3k limit. Another with 0 balance and a 1k limit. I also have a 1.5k bank overdraft I never use. The ome with a 3k limit was maxed out at 2k a few months back. I increased it to 3k. Its a 0% interest card until Aug 2020. I earn 29k a year. I aim to go for a mortgage…
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HSBC mortgage
We’ve used L&C because last year they were brilliant with us, though the advisor we used wasn’t able to fit us in when I wanted so we’ve had a different one and I’m really cross. I thought our case was simple but perhaps it’s not. We exchanged on our sale 20/09/19 and unexpectedly saw a house we loved on 21/09/19. Our…
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Mortgage with defaults
Hi is it possible to get a mortgage with defaults will have 100k deposit
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Mortgage renewal-Buy to let advice? moved into a flat elsewhere
As title says my mortgage is up for renewal since taking it out my circumstances changed a lot! We moved out and rented out the house, the Nationwide gave us 6 months free then added 1% to our rate which was ok and saved any hassle changing. We informed them of our accidental landlord state and circumstances and all is ok.…
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Re-mortgage to repay debt
Quick question. My husband has a DMP, this is about 10 years before me. I have excellent credit. I own a property at 50% ltv in my name alone. To get things moving along financially we are both savings hard to repay all creditors in his dmp asap. My fixed rate is due up and I was thinking of raising enough on the mortgage…
