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New build price changes?
We are going to look at several developments on Saturday. We have an AIP and are selling our house, we’ve never bought a new build. We were looking at ready-made plots... however we’ve now seen that the original listings have been removed and they’ve been relisted with the price increased by c.30k?! Anyone got any advice…
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Pay deposit for residential mortgage via limited company??
Hello Please can I have your thoughts. I am a contractor contracting through a limited company. I am also in the process of buying a new house OFFPLAN which will be ready in 2022. The developer has a payment plan/schedule for payment of the deposit (2.5% per annum). I will need to pay the solicitors the 2nd…
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Full and finale settlements - will this affect mortgage chances?
Hi, I’m looking for some advice, I have steadily been paying up a large amount of debt, next year I think I may be in the position to offer some of my creditors full and finale settlements but I am aware that this are marked differently on my credit file. Just wondered what the advice would be is it better to offer !!!!!!…
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Fixed deal ending soon but relocating later this year
The current fixed deal on my mortgage is expiring in August. I have accepted an overseas job offer and plan on relocating sometime in Q3/4. My wife and I would like to keep the house as a buy to let while we are away — ideally with a view to holding it as a long-term bet on the U.K. property market. Our mortgage advisor…
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Mortgages
Can I legally remove my name from a joint interest only mortgage.??
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Paying off all debts before mortgage application
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Best way as an over 60 to buy out an ex-partner
I'm new to this site, and I hope my question is appropriate for here. I own a house outright with my ex-partner. What's my best option to buy them out? I'm over 60 (still in full time employment) and I thought a Later Life mortgage would be an option , but the building society I contacted said they couldn't offer that…
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Incorrect moneysupermarket mortgage rates - be wary
Has anyone noticed discrepancies in mortgage rates offered on moneysupermarket lately? I'm in the midst of remortgaging, and so I've been checking mortgage rates daily on MSE, Moneysupermarket and Comparethemarket. Not all comparison sites cover all lenders, so it was helpful to see the differences. If you're interested,…
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Desktop valuation
hello! What is the likelihood of a house valued at £85,000 last October being valued more now? Currently awaiting a decision from the lender
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Impact of dencied mortgage
Hello, If I apply for a mortgage and get rejected, how bad does this look? How long do I need to wait until I can try again?
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5% Mortgages been reduced due to Covid
Good Morning. I had a mortgage in principle sorted before the lockdown based on a 5% deposit. Natwest have now said they have pulled these 5% deals and you need at least 20-40% deposit. Are there still 5% deals out there to be had at competitive rates or shall I wait until banks release these lower deposit mortgages again?…
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Fixed deal running out but less than £10k to pay
When our mortgage deal finishes, we’ll owe £25k, but should be in a position to pay off £15k of this (without penalties). Will we be able to get a new mortgage deal for a year to pay off the rest of the mortgage (£10k)? Or will we need to switch to the SVR? Or will we not be able to get a mortgage and need to get a loan…
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What deposit is required for second home?
Hi, Just wondering, if I was going to buy a house, could I rent out my current property? Would this mean I would need to have a 25% deposit for the new property, or have at least 25% equity in first property? Thanks all
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Valuation advice needed please
Are mortgage companies doing valuations and taking into account the impending house price drops or are they valuing properties as they would be now? We have a property valuation on hold as I don’t want to get it done soon then for the property prices to drop. Any advice would be appreciated.
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Settle credit card or settle loan first?
Hey, i just wanted to know what will have a bigger impact on lending for a mortgage. I have about 4K on credit cards and 4K on a loan. Which one should I clear first to make a bigger difference on the amount I could borrow?
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Bridge the gap on £1m home, quickly.
I've found a very clichéd 'perfect house' that is on the market for just less than £1m. This type of house comes up for sale very rarely in the area I'm looking, and I've been looking for a few years. We have £238k of equity in our current house (valued at £560k in 2018), and £200k in savings. The EA of the house we are…
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Mortgage advice UK Bank Statements query. Underwriters advice needed ideally
Hi there, I’m after some advise regarding my mortgage. I have a mortgage in principal arranged with my partner and we are in the process of sending over some bank statements to get the actually mortgage and I have a worry for a number of items on there. 1) Regularly small purchases. I had a good month of just being super…
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Mortgage application & credit history
Hi all, I had some business debts in the form of a personal loan and credit cards accumulated over a couple of years. During the last month I paid it off with the help of a business loan that I acquired from my bank. We are thinking of moving house soon and wondering if large payments to credit cards and loan can be some…
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Mortgage advice with pregnancy conundrum (application + effect) 1st time moving property to property
So I should have moved before now, but A- Didnt know wife would get pregnant so fast and B- I came into a bit of money recently in the last few months which was has changed. This is my second house move so first time from house to house My financial situation: Im looking for the best time to move house and apply for a…
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Halifax - contacting their senior management?
Hi Forum, I wish to dispute a mortgage for a family member (they are elderly and I am taking up the matter for them), held with Halifax. We're not happy with what has gone on, and I want to write to someone very senior who has the power to waive the remaining mortgage obligations. Does anyone know who I should be…
