-
90% LTV mortgage product for new build house
I 'm struggling to find 90% LTV mortgage for new house. I don't want to lose the house we have reserved. Please share your experience if you have managed to get 90% mortgage in current market.
-
Complex Mortgage/Loan Situation
Can anyone help or recommend a Financial Advisor who could help with a complex problem? I’m trying to mortgage my house. The following factors are causing the complications: * The house is Shared Ownership (Scotland) * I have poor credit * The mortgage is required to pay off a loan taken out to buy my current property.…
-
New - Rent-to-buy Scheme
Can anyone guide us please, we currently rent our house, and our landlord has suggested we could possible set up a rent-to-buy arrangement. We have seen these offered through estate agents etc, but is there any scheme that a private landlord could set one up under - hope that makes sense.
-
Halifax not taken a payment for 3 years?!
Hello everyone, I'm hoping someone could give me advice relating to my mum's mortgage. It's with Halifax. It was originally an interest only and then switched to repayment about 8 years ago. She has no problem paying it off and can afford the monthly payments. This week she received a letter to say that her mortgage was in…
-
5 Year Fixed @ 2.34%
Hi, I've just applied for the above mortgage, is this a good rate?
-
House Undervalued for Re-mortgage
Hi, Pre-COVID my mortgage was up for renewal and rate offered by previous provider was high and they would not carryout a valuation on the house, just what I have paid off. I live near Gatwick, West Sussex and we bought our 2 bed house in Feb 2018 for £312,000 my two year fixed rate finished Feb 2020. It was a 90% mortgage…
-
Mortgage term coming to end.
Hi 62 year old M my mortgage term of 25 years is up at the end of this year. I have an interest only mortgage and owe about 20% of the value Of my home. Due to CV19 my investments have fallen drastically in the past few months, I was hoping to use to pay my mortgage off. I have income from commercial property Rentals, I’m…
-
Short term loan till house sells?
Hi Everyone, I am new to the forum. I am looking to buy a house and move immediately before my own house sells. I would need to borrow £100,000 but would be able to repay it all as soon as my house sells. I have read that bridging loans are the worst way to do this so I would be grateful for any advice on the best way to…
-
What sort of questions have you had from underwriter?
Trying to gauge by the questions if I have a chance of getting an offer soon! I had a list of questions at the start of my application and then another list just yesterday. Questions like- Clarify what the regular DD's and Regular Payments are for on my bank statements Clarify how both of your incomes have been unaffected…
-
Where to save the extra
Hello Both my husband and I have help to buy ISA’s which we are currently saving the top £200 a month. However we are additionally saving between £100-£200 extra a month which at the moment, I’m just leaving in my current account. Where am I best to put this extra savings to potentially earn a bit of interest but have…
-
Interest only mortgage ending
Hi all we plan to pay off our interest only mortgage by selling our house. I am now not so confident, in the current environment, that it will sell before the term expires. What happens when the term expires? Will the bank ( halifax ) levy fines / fees? How long will they wait for the house to sell before they get ' heavy…
-
Mortgage with 2 x CCJ/Poor credit
Hi, I appreciate there are multiple threads in the subject but was hoping to get some advice on my individual circumstances. My partner and I are looking at buying our first property together, the 10% deposit isn't an issue but I'm worried poor decisions a few years back may cause us problems. Having checked my credit…
-
Interest rates
Before COVID I got a mortgage offer 5 year fixed rate, should I renegotiate and maybe do a fix 2 year or a tracker rate mortgage as interest rates are unlikely to rise for a few years due to the effects on the economy due to the current damage caused due to the economy.
-
Help to buy - changes?
Hi all, we we have been looking to buy a new build property that was initially due to be built December of this year. Due to COVID this has been pushed back to March 21 once the developments started building again. So we put an early bird reservation on the property waiting on it being formally lauched. On my tours of the…
-
Santander mortgage
I have heard that if you had a mortgage with santander, you can claim back money for over paying on I think fees/interest is this right or is it a scam this add I have seen on Facebook, so I am sceptical to click it
-
Are Barclays the Worst
Is it just me having a bad time trying to get a mortgage with Barclays, or are they just horrendous? My mortgage application was agreed and a valuation was booked in prior to lockdown, but they day before the valuation was due, the lockdown was announced so it was suspended. Since then I can’t get any information out of…
-
Should I over pay on mortgage or put money in savings?
We are on a 35 year fixed rate mortgage, due to renew in 3 years and have some money in savings. Should we overpay on the mortgage or leave the money in a savings account and use it when we come to sell and buy a new home / renew the mortgage on this house?
-
Renegotiating agreed price - mortgage risk?
We're in the middle of a house purchase, and have a mortgage offer on a 95% LTV deal with Halifax prior to those rates being removed.We are now considering revising our offer, as several properties in our area are reappearing on rightmove having been SSTC, and others being reduced in price. We think we'd be confident…
-
Estimated Completion date, Mortgage expired and HTB scheme finishing soon
Hello Guys, Hope all is well. Im in a bit of a of decision making and would like some help from you lovely people please. Basically we reserved a New build in March 2020 and mortgage has been approved. New build supposed to be ready in July but was told by the developer due to Covid its been delayed till November.…
-
Interest Only Mortgage Deal-Advice
Looking for some advice before I speak with an advisor. I will summarise the main points of this story which is causing me stress trying to work out what the best option for mum is. 2009 my mum goes through a messy divorce and due to being left with a load of martial debt she was unaware of she has to buy a new property on…
