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Lender cancelling mortgage application
Hi my boyfriend has had his initial approval from the forces help to buy whilst he’s been on leave the last 3 weeks (his friend had logged on to his JPA on his behalf). This was done around 3 weeks ago. However, due to the coronavirus he is now working from home and is not allowed back onto camp so hasn’t been able to get…
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What contract?joint ownership but paying different amounts?
Hello all! i am after a bit of advise please if possible as not sure how clear cut this is... so situation is me and my partner are FTB... using HTB i am paying the 5% deposit so we could go tenants in common with that however the issue is my salary is lot higher than partners so I will be looking to pay the HTB back…
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5% deposit 95% mortgage after covid 19
Hi does anyone think they will be doing 5 % deposit mortgages after lockdown
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buying partners ex out
Hi there. Partner and I are finally (after he delayed for 16 months) about to agree to buy his half of the house out. its valued at £320000, and we are only required to pay him £75000. but want to borrow £130000 to cover work that needs done.. The question is, do we do this through a normal mortgage application, or does it…
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Are mortgage rates likely to come down?
Our tracker deal ends in a few months time and I'd been keeping an eye on rates. I was kind of expecting them to come down when the BoE reduces the base rate to 0.1% but if anything they seem to have increased. Do you think they are likely to drop over the next couple of months?
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Mortgage overpayments
Hi I want to make overpayments, I can o/p 10% a year. The mortgage rate is 1.74% fixed - am I better paying o/p yearly or monthly. If I do yearly i am planning on saving the money in a monthly saving account currently paying 2.5%. The mortgage is £30000 over 7 years fixed for 5 if that makes any difference? Thanks
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Fixed rate mortgage ?
Hello Please can anyone help me.My mortgage has 2 years 7 months left. On 29th October 2019 I took fixed rate mortgage of £494,88 per month by going into bank for meeting with adviser. Today I received a letter from Lloyd’s to say as from May this is going up to £514,94 per month. I spent an hour on the phone and all they…
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Mortgage with a poor credit score
Hi everyone, I’m just looking to see if anyone can give me some advice on my mortgage application. Due to being an idiot when younger my credit score is poor and there are 3 defaults on it. All of which were settled end of 2017/start of 2018 (using a debt management plan). Since then, I haven’t missed a payment on anything…
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Getting back on the ladder after a year abroad
Hi all, My partner and I have taken a year abroad, leaving our jobs, selling my partner's apartment but keeping some investment properties of mine. We're intending to return to the UK in November, hopefully when all the virus issues have calmed down a little bit. As both of us will not have been earning for just over a…
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Absolutely Disgusted with the Coventry
I have a Flex for Term BTL mortgage with the coventry building society. I was expecting the monthly payments to drop for the April payment but they didnt (even though the BOE has dropped the base rate twice), I have emailed the coventry and they say that although the product is Flexible they arent obliged to drop the rate.…
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Credit Check Help
Hi all, New to the Forum and looking for some advice. My wife and I are in the process (once restrictions lifted) of applying for a mortgage. We are both clean with our credit scores but they are not as high as they could be on clearscore (Equifax). The reason for this is we live in Edinburgh in a tenement flat and there…
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How much can my partner and I reasonably expect to borrow?
Hi, just looking for some advice. The different on-line calculators show wildly different numbers for us so just want to see what people generally think is possible. We are both medical doctors and 34 years old. I earn £97,000, my other half earns £64,000 as basic income (as NHS employees, not self employed). We also are…
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Morgage Approved
Advice please this has made me really ill with what has happened. Have wrote on hear before that morgage application submitted 9th March came back with a affordability issue which was cleared then passed the affordability. Broker was sent an email morgage approved issues printing the offer pack but please tell your…
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mortgage ending can't pay off what to do
Hi all We have a mortgage interest only. The term arrange is coming to an end in 3 months I know this is late to be doing now but!! We need to extend mortgage for at least 5 year but I am working temporary out of country and paid in country where I am What should we do with lender? how should we approach them ?? do we have…
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Mortgage with 2 satisfied ccj one 3 year old and 2nd one 1 and a half years which is amount of £270
What lenders is they out there what usally lend to somone in my sircumstances i know they is kengsigton but what else is they
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Can I use a LISA to buy my parents a retirement home?
Hi all, My parents are looking to retire in the next couple of years and would like to move somewhere quieter. Would my brother and I be able to use our LISA's to buy a retirement home for them? Neither of us have owned property before and we would not be charging our parents rent. Thanks in advance for any advice.
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re-mortgage to start a business
Hi all I would like to re-mortgage my home (in a few months when my fixed rate runs out) and borrow extra on top the balance to start up a business. I'm still in full time employment and would stay in full time employment until my business grew to a point where a could leave my current job. Everything I've seen and heard…
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Santander Deedsafe Scheme
My mother passed away fairly recently and I've been going through the standard bits and pieces surrounding administering her estate (My father had passed away in 2002), so I go through Probate - Letters of Administration, Land Registry - Title Deed transfer to my name as sole inheritor, but notice Santander have charges…
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Overpayment question on an Interest only Mortgage.
Hi. I have (had) a mortgage which was part Repayment and part Interest only. I am planning to retire over the next 2 years, and wanted to get my mortgage paid off early. (there is 6 years left in repayments). I came into some money and lodged it with the building society as a lump sum overpayment and they applied it to the…
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Change Property after Mortgage Offer?
I have a mortgage offer from Halifax just before all this mess started with the Valuation accepted and everything. by that time the price I was paying for the flat was fair but now until everything is more clear I want to wait before proceeding with the purchase. Recently a State Agent contacted me regarding a Flat I saw…
