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collynn28
This is going back to 1987 when i got an endowment mortgage with the Halifax, the endowment was with Legal & General. After a while i was told there would be a shortfall in my endowment at the end of my mortgage. When i took out the endowment there was no mention of it losing money, The only figure which was mentioned was…
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Advice on parents mortgage
Hi, I’m not even sure what I’m asking. my parents bought their house and have £25,000 and 7.5 years left on the mortgage. They divorced around 10 years ago, my dad stayed in the house and my mum moved out but was never taken off the mortgage (I didn’t know this until recently) anyway, my dad lost his job 18 months ago and…
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Taking out a mortgage to pay for care home bill
Hi everyone Advice please - I have just been on the phone to Coventry Building Society who tells me that they cannot lend me the money because their criteria does not cover care home bills. Situation - I inherited a property from my late mother, this is currently being rented out. Now I have the care home bill to pay…
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Time length to get a reply after requesting for loan for mortgage
How long does it take to wait for a reply from Halifax after submitting initial documents requested. Like P60, payslip and bank statements
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Need boyfriend’s proof of address for mortgage but he’s unavailable
Hi my boyfriend and I have reserved a new build however my boyfriend is currently working away in Kenya as he’s in the forces. He’s currently without his phone for 3 weeks and before he left he sent his documents over to our mortgage broker. However our mortgage broker has informed me that his bank statements don’t include…
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Is this a good investment? (Mortgage related)
I will try to explain it briefly as much as I can: 1) Bought a property in London outright (without a mortgage) for £400k in 2012. 2) Been renting this property as a BTL since then, thankfully had good tenants, always paid rent on time, never had major issues, using letting agency for full management + rent guarantee (if…
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Shared Ownership / Remortgaging
Hi, I would be grateful if someone could help with my question. I have just bought a larger share of my shared ownership property, I now own 75%. I'd like to buy the final 25% ASAP however due to what banks are willing to lend us, we can't quite afford it yet. My question is, we plan to make good mortgage overpayments so…
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Mortgages
Be gentle its my first post, Got our main mortgage with the building society but over the years have added on 3 other smaller ones for extensions, window replacements etc, recieved our yearly statement and a bit shocked at how much interest we are being charged, Owe £16700.....int..£41.41 Owe £6395....int ..£15.86 Owe…
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2nd charge loan
we have a 2nd charge loan which We have fallen behind on slightly I asked the lender if we could agree a payment plan for a few months as my husband is currently not earning so to get back on our feet. thry said no and they are termination h the agreement when it goes to court are we able to agree on court a payment ?? Or…
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First time buyer mortgage with open loan
Hi All, Apologies if I have entered my question in the wrong forum as I am new here. We are a couple with a household income of 100k per year and first time home buyers. We have a personal loan with a balance of £4500 and interest-free credit card balance to pay with £8500, I have these paid in monthly EMIs without missing…
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Platform mortgages
Hi , has anyone recently applied for a mortgage with platform? We've been with them for 2 years, our fixed rate is coming to an end but wanted to add a further advance on. They have been Awful from the very start, changing appointments (all via phone) taking days to get back to me, various phone appointments with the same…
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Mortgage rate
Hi all we are waiting for an appointment to finish off the mortgage application but forgot to ask the advisor would the interest rate be a lot different to what’s advertised at 2.44%. Just he was asking what our budget was to decide on the term. We wanted to do 5 year fixed rate and the term would be 20 years. But now I’m…
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nationwide timeline
I'm after some advice, or personal experiences. AIP approved with Nationwide 11/02, and full application sent 12/02 via broker ( we paid to have a nationwide homebuyer report ) recieved text today ( 13/02 ) asviaong valuation booked for 20/02 - would that include the homebuyers report at the same time? how long after…
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New Mortgage, Foreign income and Bankruptcy on file
Hi, I'm after some information on chances of getting a mortgage or any potential brokers who can help me? I declared BR in Aug 2015 and was discharged the year later. I also have a job where i work in Norway and get paid by a Norwegian company into a UK Bank account. My earnings at the moment are 50k a year and we have…
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help 2 buy struggle
Hi, i went through countless posts to look for some advice but didn't really get an answer. My situation is: - bought a house for 215k with H2b (20% EL) 2.5 years ago with my wife -got divorced soon after but her name remains on mortgage as bank wouldn't allow myself to remortgage (6 months ago). Bank isn't aware of…
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Waiting for lender to approve mortgage
Has anyone had any experience with Hanley economic building society? Our broker found us a great shared ownership mortgage through them and we submitted our application 4 days ago. It would be great to have an idea of how long others have waited to hear if they’ve been approved. The anxiety is ruling my life and I’m…
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Mortgage Brokers help!
Hi guys, Me and my partner have recently received a AIP from the mortgage bureau however the best quote we got was for a eye watering 5.4%. We are looking to borrow around £163,000 with a £30,000 deposit on top of that. Now i have decent credit with a score of 622/710 on Credit Karma. However my partners isn't as good with…
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Please could someone explain to basics to an endowment mortgage and what it offers.
Please could someone explain to basics to an endowment mortgage and what it offers.
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Nationwide - Not given best advice and now stuck with debt
Hi Everyone, Newbie here and any advice would be appreciated. Feb 19 - House Value £250k, Mortgage £200k, Savings £40k and wanted to build an extension on our house which was going to cost in the region of £90-£100k.(Leaving me potentially £60k short in funds). Called Nationwide to ask if i could borrow money up front or…
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Employer pension contributions classed as income?
Good afternoon..im looking at possibly remortgaging...so in a nut shell I get paid less than 19k but my employer pays a sizable chunk per month into my pension could this be added on/classed as income? which would take my yearly income to over 26k? or not?
