-
Can I get a mortgage with agency work?
Me and my partner are currently saving up for a deposit for our first home. We should have the deposit and a bit extra by September 2020. However, my partner is currently unhappy in his mechanic job that he has been in for 16 months. He is therefore wanting to put his resignation in and take up agency driving work as he…
-
Halifax application
Hi everyone, I’m new here and could do with some advice/opinion to ease my head My husband and I have reserved a new build and sent off our mortgage application via our broker on Thursday. We are doing help to buy equity loan and 5 % deposit. We need a mortgage for £273k as it will be a 75% LTV. Income for both of us are…
-
Halifax checks on completion
Has anyone had any experience with completing on a property with Halifax post lockdown? Are they doing further financial checks before completion? We have exchanged and due to complete in August. Mortgage offer is valid until December.
-
Should a Mortgage Broker / Advisor present you multiple lenders and products?
So the background here is that we are trying to buy a new build house. The developer said we must get approved by their broker (New Homes Mortgage Helpline - NHMH) before we can formally reserve. So we did that and proceeded with them to find a lender for us. They found us Halifax at 1.66% rate on a 5 year. We've done our…
-
Hard credit check Mortgage application
We recently applied for a mortgage through Barclays as first time buyers, to enable us to apply online as no branches are open they told us we had to set up a current account to verify us, this current account has no overdraft or credit facility. We completed the mortgage application affordability criteria and had a…
-
Loan on RTB
Hello. I have bought my flat on a RTB, paid in cash. I have had it for four years 7 months so cannot sell for another 5 months. I have found a property I would like to buy and been advised to get a right to buy mortgage on my property in order to finance the new purchase. I have just been refused the mortgage as I still…
-
Self Employed - 2 years accounts always needed?
Hi - I'm just wondering on what our situation would be for us if are thinking of putting our house up on the market soon. So I would be the main applicant, good salary and could probably get sufficient mortgage with mine alone + bonus but it's borderline and I know it's tougher during this period. Realistically we could do…
-
Help with deposit
Hi we have recently sold our house and wanting to wait to see what the market does before buying on. We have a substantial deposit and wondered what the best thing to do in terms of where to put this whilst we wait. Any suggestions?
-
Accord mortgage application - late payments on credit file
Hi guys, Just looking for any advice or previous experiences. I applied for a mortgage in principle with Accord which got referred to an underwriter and then accepted? I have now submitted the full application. My experien credit score is 962 of 999 but I had a late payment in Dec and Jan just to an error with my direct…
-
using overtime to help get a mortgage
Hi, I am considering purchasing a new build property and looking to get an agreement in principle. i have worked quite a few hours overtime in the last few months and want to use this to help get a bigger mortgage. I have been told that the new build property is likely to be up to 6 months away to be ready. The overtime i…
-
Getting a mortgage with defaults
Hi everyone So in late 2016, I struggled with a little bit of debt and believe I was wrongly advised into a Debt Management Plan, which obviously incurred Defaults. As I'm 24 now I will soon be wanting to look at a mortgage and move out with my girlfriend. I paid for Experian Credit Expert and my file is showing 1 Default…
-
Credit checks on completion
I know this has bee discussed ad nauseum, however I can't seem to get hold of my mortgage broker to get some clarity. We are legally completing on the 17th of June, Halifax performed a second hard credit check and an affordability check on the 20th May, we haven't heard anything from them or our broker to let us know if…
-
What happens on an valuation??
In processing of selling my house and have been told valuation will be completed on tuesday next week. Can anyone advise what acutally happens during an valuation. Do we have to be present for it. Is there anything i should do to prepare for it happening. At present in the house is 2 full time workers working from the…
-
95% LTV mortgage availability
Anyone still offering them?
-
Mortgage Offer Error Advice
I’m hoping someone can offer advice as my mortgage broker is on holiday until Tuesday and I am really stressed. My wife and I finally received a mortgage offer from TSB this afternoon but have spotted the solicitor isn’t the one we sent to the broker but was the one we used for a re mortgage a few years ago. I have…
-
What impact does being a company director have on mortgage eligibility when also in employment?
I'm a full time employee of one company but also the director of another company. Looking at buying a property in the near future and have been basing the loan amount I hope to be eligible for on earnings from employment only. Lets say for arguments sake that my earnings from my company are zero. I am not employed by my…
-
New build incentives
Hi, I wonder if someone can help clarify for us before we speak to someone higher at Persimmon Homes/ if we’re waisting our time. so we reserved a New build property a month ago, the property was listed at £315,000 we asked if there was any wiggle room on this and was told we could purchase for £305,000 however the house…
-
IVA High Rate mortgage. Remortgage
In 8 weeks time my IVA will be removed from my credit record as it’s been 6 years since approval. We completed 4 years ago. We took out a mortgage 7 months ago with Bluestone and have such a high interest rate of 6.9%. There is a fee of over £2000 if we come out of the 5 year fixed rate early but I am wondering if anyone…
-
Natwest FTB help you buy
Hi guys, somebody reassure me!! Please! me and my partner using help to buy scheme with 5% deposit and first time buyers. Have very good credit scores, both of us have never missed a payment, ever! Our broker submitted full application last Weds evening with NatWest. Haven’t heard back yet and it’s Friday! Been told…
-
Cis mortgages
Hi are there any other lenders apart from Halifax that will use cis payslips over sa032 returns thanks lisa
