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Together Mortgages
Has anyone gone through a mortgage application with Together? If so what’s the process: timescale, criteria acceptance likeness? I have an offer in principle but due to covid 19 it’s on hold so I want to have everything in place for once the market reopens.
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Close credit card accounts before mortgate application?
Hi, I used to have a lot of credit card debt which i have now managed to pay off mostly (just 1k left on one card). I have 8 credit cards in total with around £40k available credit on them. I'm looking to make a mortgate application in the near future and I'm wondering if it will be better for me to close most of them, or…
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Declined decision in principle with Nationwide
Hi there. My partner and I have had an offer accepted to buy our first house and are going to apply for a 95% LTV mortgage with Nationwide. We’ve already got an AIP with Halifax but they’re not offering 95% mortgages at the moment due to COVID crisis. We decided to go through the application for an AIP with Nationwide but…
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Nhs discount for first time buyers
In February I thought I saw an Article on possible 30% nhs discount for first time buyers is this a thing??
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Mortgage holiday/re-mortgage in 3 months question.
Hi.Early last month we took the 3 month mortgage holiday as i am a limited company(plumbing and heating)and thought it would be a wise thing to do just in case my work totally dried up.We were not struggling with money to be honest but as i said just to be on the safe side.This month i have pretty much gone back to normal…
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mortgage with adverse credit
Hello all, Could anyone advise if we would be able to get mortgage with adverse credit history backing to 2015 please? Two unsatisfied defaults for credit cards for hefty amounts of £1800 and £2500 and some missed payments in 2015 on catalogue account- on my partners credit file. Combined income of £51000. Deposit £120000…
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Equity Release
I’m thinking of taking out equity release does anybody have any advice or bad experiences they can share please
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Mortgage issue
Hi all just looking for some advice. I had my mortgage application in prior to covid-19. It was a 95% mortgage, all was ok, passed affordability etc and application was approved pending valuation. The valuation has now been done and accepted. However on this same date, it appears something went wrong on the system and half…
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Debts on completion
Hi, just a quick question, do mortgage companies check that debt has been cleared on completion if it is said so in your original application ? What are the implications of this does not happen? Thanks
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First time buyer problem
Myself and my partner are first time buyers. We found a mortgage broker. We initially went to him to try and find out how much we could borrow through the help to buy scheme. We then viewed a house at 260,000 and he said it was affordable. We then gave permission to start looking at getting a mortgage in principle. He…
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Source of funds and paperwork
I am in the process of looking for a First Time property and in the next six months or so am planning on applying for a mortgage. I read somewhere that there is a rule of thumb that you need to supply three months worth of bank statements for proof of funds and affordability calculations etc. Obviously it will vary…
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Unit Linked Endowment
My plan is Unit Linked; paperwork says that the plan 'will get' a monthly loyalty bonus. Do Unit Linked endowments (got it with mortgage in mid 1990s) also pay a Terminal Bonus?
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FTB to be need help
Hi all, me and my partner are currently in the process of saving for our first home. We are both saving into lifetime ISAs and whilst he was looking into it he came across mortgage deposit and exchange deposit which I can’t seem to get my head around. Does this mean that if we save 10% ie £10,000 for the mortgage deposit…
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FTB.. Mortgage advice needed!
Back in February we started the process of buying our first house. We found the property we love and managed to get a mortgage with Aldermore (we don’t have the best credit scores and I’m self employed) A few months down the line we are coming close to exchange however our mortgage offer expires on 01/06. We have applied…
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Subprime credit rating mortgage help
Hi all i am looking to buy my first property, but my credit rating isn’t perfect. I defaulted on an account 4 years ago, so still have 2 years until it comes off my record. The rest of my credit history is pretty much perfect. I have a Experian score of 732 for some sort of benchmark. I have a reasonable deposit saved up…
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First time buyer
Hello! I'm looking for some advice on buying our First home during these circumstances. We have been looking for a while but wondering if people think its a wise idea with whats going on if the housing market is going to drop from all this? We are currently in a rented house. Thanks
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Mortgage help
Hello all, I have a limited company (I am the sole director). I got a loan from my business account which I am paying the repayment every month. The business is not doing well. I have a regular job as well and I get paid every month .I want to apply for mortgage using my regular job payslips. My question is, will the bank…
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Mortgage for Sole Director - Paperwork needed and maximising chances of approval?
Good afternoon, First post, and just after some advice please if possible. Myself and OH are looking into potentially trying to secure a mortgage in the next 12 months, we have been renting for too long now due to his previous employment requiring lots of travel around the UK, and realise there are many more obstacles for…
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Non-transferrable mortgage
Hi all, We are currently near the start of a 3 year fix with Halifax which was obtained through a broker. We had no plans to move within that period so when offered a non-transferrable mortgage we accepted. We are now looking to move for various reasons. The ERC is £3k. Is the fact the mortgage product is non-transferrable…
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First time buyers in a rush
Long time reader , first time poster. We’re a young couple in our early 30’s renting in the south east . Since getting married a few years ago this site has been invaluable resource in paying off the 20k ish debt ( paid for a wedding we couldn’t afford, holidays, used cards to live beyond our means when incomes were lower)…
