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Mortgages & endowments

Archives for June 2020

PCP Car Finance
Hello Thank you for the wealth of information always available on here. I want to know if it's possible to ask the finance company to review my agreement. This is because I think I may have been short-changed in the first place. Thoughts will be appreciated and if you need any information, I am willing to provide
Unfair Fraud markers placed
Hello everyone, so around a year ago, I was considering purchasing a property as a first time buyer. There were 3 properties that caught my interest at the time. I changed my mind on the property I wanted and the deals that were available, 3 times & applied to 3 different lenders for 3 different properties within a month,…
Bank of Ireland application
Hi, first time poster looking for either reassurance or crushing reality. Me and my partner were served 2 months notice on the property we rent a few weeks ago as the landlord is selling the house (third time this has happened to us in 5 years) Faced with the stress of renting again, my partners mum has offered to gift us…
HSBC online mortgage FTB problem - anyone else?
Hi all, I am a first time buyer and have been restricted to applying to HSBC due to the lack of 10% deposit mortgages elsewhere. Its been weeks now since my offer on the house was accepted and I feel no further forward and so incredibly frustrated. I have repeatedly encountered problems with the online application process,…
Endowment Policy Final Figure advised 6 months in advance
I received a letter in May advising me of the final figure for a policy due to mature in November? Is this the norm? How can they calculate it so far in advance? I thought it was all based on the stock market and finally will the remaining, future 6 months payments have been taken into account?
Small second mortgage on property I won’t be living in
My mum is being forced to sell up after a relationship breakdown, and it’s very uncertain whether she’ll be left with enough equity to buy a decent-size flat in a nice area without a mortgage - but due to her age and income a mortgage isn’t an option. I’m wondering if I could co-buy with her, and take out a small mortgage…
Right to buy - age issue
I’m 63 and on disability benefits my Son aged 22 and myself have been accepted to buy we need £32.400 Mortgage ( which would be approx £70 week less than our rent ) my sons income is good, excellent credit score can the mortgage be in my Sons name for income purposes and mine as a non payer due to my age being an issue.
Halifax Mortgage Underwriter Asking For More Information
I suffer from anxiety and am super stressed. My partner and I are going through a separation, and I’m buying an apartment on my own through shared ownership. We’re forced to live together until I can complete on the purchase and move out. I’ve put down a 15% deposit on my 25% share of the property which is only £43,500,…
Question about further advance
Hello everyoneSo...I purchased my house for 2017 for 105.000.I did some work to it and in 2018 it was revalued at 137.000My 2 year fixed ends in August and my current bank revalues the house at 183.000. This is if I decided to stick with them for another two years and if they did not send any valuer to the house (checked…
Shared ownership valuation issue
Hi We are buying a shared ownership property for 275k and has been valued at 265k. We are buying a 25% share so obviously valued 2.5k less of what we are buying. We are happy to pay full price and put down the extra 2.5k. We got our mortgage offer back displaying the purchase price is 66250, our solicitor and the housing…
Virgin mortgage AFTER furlough?
This might be a little bit specific but has anyone had any luck getting a Virgin mortgage AFTER coming back from furlough? Partner was on furlough, we got a DIP for the 90% LTV (FTB) before the product got pulled, after a while they asked for a payslip without furlough on it, which after a bit of a wait has been submitted…
Halifax A.I.P a good indication?
Hey looking for some advice on mortgage application. Hubby and I have an AIP with Halifax 5% deposit from us and 5% from builder. But I am pretty nervous about falling at the final hurdle. We have no defaults, but I have a few late payments on a credit card, last one being 1yr 7mths a go, and late payments/ arrangement to…
Bank of Ireland Mortgage for UK resident??
I'm about to apply for my first mortgage. I'm using L&C brokers as recommended on MSE. The broker has suggested a Bank of Ireland Mortgage. On the Bank of Ireland's website, it says new mortgages are for NI customers only, but the broker is saying it's fine. I'm worried about the application being declined. Help!
Mortgage preparation
Here are some facts: Returning resident after 31 years away, returned to the UK in November 2019. No UK credit history Age : 58 Fully employed for the same company for 31 years, relocated back to the UK and employment is now with a UK registered company. So think of a global company that has offices in 6 countries, the…
Switching part of mortgaged property into cafe - issue with lender?
Hello We currently own a chapel house and an adjoining vestry. The vestry is a separate entrance but is on the same deeds as our home and forms part of the overall 'house'. I think it got through the 'annex' criteria when we came to get a mortgage on it, as a lot of lenders were a little nervous about this. We are however…
HSBC or First Direct for a 5 year fix
Both seem to have a good rate and the fee is £999 or £490 but slight rate difference means you end up paying equally the same over 5 years. Any recommendations on ether lender? I am tempted by HSBC due to being able to access online and a lot of self service is available. Thoughts?
Endowment, should i sell
hi, i have a with profits endowment which is due to end in 3 yrs, it is no longer linked to my mortgage as i changed to a repayment mortgage early on and that is due to be paid off shortly. My question is the endowment appears to have performed reasonably well considering the ups and downs of the last 20 yrs. It was…
Final Checks
Hi All, We have just had an update from our Broker, that Barclays are doing a few final checks before they issue our offer. Which is good news, but I cannot help but get anxious as this process has already been anxious enough and I wonder what other final checks they may need to make before an offer? We have already had a…
HSBC underwriters
My daughter got a text from HSBC to contact them as further info required. She did this answered the question and was then connected to the underwriters. After an hour and a half on hold she had to hang up. But we cannot find any number to contact them anywhere. Does anyone have a number Or email for the underwriting…
Mortgage with defaults
Hi all, I just wanted to share my experience with you all to maybe offer a glimmer of hope in stressful times. After deciding to take the plunge and purchase a new build property using HTB as FTB, me and my partner applied for a mortgage via the developments onsite broker. I was very skeptical as to whether we would get…

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Mortgages & endowments

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