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HTB remortgage
So I'm quickly approaching my 5 years with a Help to buy loan. As the house is just mine i haven’t been able to save to pay off the loan, So I'm looking to see if it is possible to add to remortgage and tap on the HTB loan cost so i can pay it off. So has anyone successfully remortgage HTB mortgage and added on to pay off…
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Applying for mortgage with defaults on record
I am currently trying to rebuild my credit rating after a rough patch a few years ago as I have decent deposit money for a mortgage in a help to buy ISA. I have two defaults on credit cards from last year one for 6k and one for 3.5k. I have another for £200 which will be paid off in a few months. Will it be difficult to…
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Was Barclays being fair?
2014 £75,000 Mortgage was due to be fully paid up. My endowment & savings would cover £50,000, leaving me £25,000 to find. Approached Barclays, face-to-face interview, and was given a remortgage quote for £50,000 endowment AND £25,000 repayment which also meant the total monthly amount was still under my PPI ceiling. So I…
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Can this error in application details result in an issue with underwriting?
Hi all, We had a residential mortgage application submitted to Coventry Building Society last Friday. On Monday we were told everything is proceeding as expected. On Tuesday morning we were informed by the broker that the lender has come back with an issue in underwriting and that CBS may not be able to offer us a…
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Mortgage with debt
I have just paid off a huge chunk of debt but this is what I ll be left with. I am I likely to still get a mortgage. Joint earnings £70k deposit £115 ( equity in current house) want to borrow £195 £6000 on credit card £18,000 loan 2 x car pcp £ 200: £240 a month many thanks
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Will mortgage interest rates increase if coronavirus becomes an epidemic?
We're due to remortgage in September and I would ideally like to go for a five year fix. We can do it now and lock in a rate of around 1.7% and I want to know if this might increase because of the coronavirus? No historic precedent so asking on here in case folk have any ideas?
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Mortgage appointment by telephone
I have had a mortgage agreed in principal with First Direct bank. I have supplied all the necessary paperwork and had credit checks carried out, all Ok. First Direct have now set up a mortgage appointment by telephone to move things to the next stage. Can anyone advise me of the questions they will ask at the telephone…
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Letter of Consent and Postponement - Virgin Money
Hello, I am about to buy my first home. My partner has gifted half of the deposit to me. One of the conditions in the mortgage offer is that my partner must seek independent legal advice. My partner really is not too bothered about getting legal advice as he already has properties. Does anyone have an estimate of how much…
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Scottish offers over help
Good evening all! I am currently anxious and trying to get my head around a few things. I found a propery that I am totally in love with. I've got an AIP through a broker. I asked for the AIP up to £110,000 property value to ensure I could offer over the offers only price. The home report says the property is valued at…
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Pepper Money Mortgage
I'm currently going through an application with Pepper via a broker. I've paid the application fee and the valuation has come back all fine. I've missed a call from Pepper this evening and now they're closed and I'm panicking, anyone know if it's normal for them to contact customers direct when there's a broker involved ??
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Problem with valuation / DMS Scheme
Hi everyone. I'll start from beginning. We found house under Discounted to Market Sale Government Scheme. Market Value 220k, so our price under scheme was 176k (80% of Market Value). In middle of January we paid reservation fee. It was finished and ready to move. We set up meeting with Mortgage Advisor recommended by…
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First time buyer bank statements.
Hi , Currently my partner and myself are getting ready to see the mortgage broker to look at getting a DIP. I've had a look at all the issues that can come up with having gambling etc on bank statements. I had a go at trading via a platform in the last 3 months with some success, the payments are clearly visible on my…
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Base Rate / 5y fix
Looking to do a 5y fix on a loan of £260k. Do we fix now, or wait until the MPC meeting at the end of March on the off-chance base rate is cut further? :) If base rate does get cut, do banks immediately reflect that in their mortgage pricing?
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Bought a business, can I use their books to get a mortgage?
In April 2019 I went from unemployed to owning an established successful business. I bought the business and registered as self employed.. Now I want to get a mortgage and am wondering if I can use their books from the past 15 years prove eligibility and affordability? If not, I assume it's the "wait till you have got 3…
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Help
I had a mortgage from 2004-2008, and i can not remmeber the name of the lender,,, i need this for some legal matter & misold mortgags,, please can you advise a search pattern Best Regards Ricster123
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Mortgage after Debt Arrangement Scheme
We are currently in Scotland and due to complete our DPP through the DAS. Has anyone obtained a mortgage once this is complete and if so where did you go? We will have over 100k equity in our current house so a decent deposit . Not missed a mortgage payment since it started in 2013
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Halifax remortgage question
Hoping someone can help - I’ve searched and searched the forum and I’m still confused :-) I am in the process of remortgaging from Santander to Halifax. I received AIP on Saturday 29th, identify and income details were confirmed on Monday 2nd, a valuation visit was carried out today and I spoke to someone at Halifax this…
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Occupier's Consent Form - Independent Legal Advice??
Hi! I've had a letter from my dad's solicitors (which we were warned I was going to get) saying I've got to go and see a solicitor for 'independent legal advice' about signing an 'occupier's consent form' because he's getting a new mortgage on our house. I've called a few locally and most say they don't do it, and one said…
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Unconditionally exchanged but wife faces redundancy
So... I'm hoping for some advice. My wife and I are buying our first home (newbuild) due to be completed at the end of April. We've had our mortgage approved and contracts been unconditionally exchanged. Problem being my wife is now under consultation for redundancy and if they cant find her another position within the…
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Treasury Minister replies to Martin - MSE News
The economic secretary to the Treasury, John Glen, has responded unbidden to news that MoneySavingExpert founder Martin Lewis is funding academic research to try and find solutions to release 250,000 mortgage prisoners... Read the full story: 'Treasury Minister replies: 'Martin, I'll listen to your mortgage policy plans,…
