-
Furloughed - Can I get a mortgage?
Furloughed until end of September. Can I get mortgage offer on my pre-furlough income and if so with which bank and what would I need from my employer? I would have high LTV 60/40 and impeccable credit rating.
-
Mortgage brokers for Limited company Directors
Hi, Are there any mortgage brokers here who specialise in or deal with company director mortgages? I am a company director for a limited company, whereas my husband is in full time employment. I want to see where we stand if we want to sell our current house and buy a bigger place, would like to speak to an adviser who…
-
Current mortgage tie in deal ends tried to borrow additional monies for debts refused advice please
Spoke to current mortgage lender bank regarding additional borrowing for debts incurred from significant home improvements since moving in plus luxury holiday 🙈 total £24k. Long story short said on affordability refused. Had they approved all debts would be clear and I’d be over £400 month better off to what I’m paying now…
-
Can anyone help? I get paid through Loan Repayments and dividends and I need a mortgage
I wander if anyone can help. I co own a couple of small restaurants in London. When we set the first one up over 10 years ago, our accountant suggested we should pay ourselves through a combination of Loan Repayments and dividends. I did not think much of it and said it was fine. I recently spoke to a mortgage advisor and…
-
Had offer, then told bank about furlough...
Hi there, I'm wondering if anyone has any words of advice or encouragement! We had a mortgage offer with Nationwide dating back to March. Just recently my husband has been furloughed. We told the bank - which felt like terrible self sabotage but the repurcussions would have been worse if they'd found out! We can still…
-
Purchasing with family but not on mortgage!
Hi, My sisters (4 of us) are currently looking to purchase a property. As 3 of us already have homes, my remaining sister will be purchasing solely on her name (first time buyer) She is able to get the mortgage as all 4 of us will be sharing the deposit required (£8k each). The idea is then to have a trust deed drawn up by…
-
Chances of getting a Mortgage?
Hi, I hope everyone is well. I’ve been reading this forum lots over the last few months and was hoping to see if I could get some thoughts/advice about our likelihood of getting a mortgage. Our circumstances are - Bankrupt in 2013 (now dropped off credit file). My husband sub contracts and earns around £39,000 a year. I’ve…
-
Will bounce back loan affect future mortgage application?
Hi guys. Any clear cut news or clarity on this? If we have a bounce back loan asca sole trader then will it affect mortgage application? Have the lenders made it clear in this last month?
-
Can't get a joint mortgage because my partner is stuck in another country due to Covid. Help!
My partner went on holiday in Vietnam in March but his return flight has been postponed until now so he is stuck there and couldn't go back to the UK. Recently I have found a home to buy and we want to have a joint mortgage but today I had a chat with HSBC mortgage adviser and they confirmed that he would have to be in the…
-
Extension - Add to mortgage a good option?
Hi all, Looking to get some works done to current property, figure of around 30k. Have 2 parts to mortgages with nationwide. Around 130k. I've always been against adding to the mortgage so are there any calculators anywhere to help figure out the cheapest route? I'm wondering if I would be better trying to put some of it…
-
3 people on a mortgage
Hi everyone this is my first post as I have gave up searching via google. With Covid now reducing mine and my partners income to 80% we can no longer get the mortgage we need on the house we love. We have tried all different routes with trying to get our employer to write a letter confirming a return date which is not…
-
Valuation fine but gone back to underwriter (Halifax)
Accounts were approved, valuation done 17/6 all fine, broker chasing offer to be told it's gone back to the underwriter for further checks. Anyone had this?!!!
-
Will I actually get a mortgage?
I am 35 years old , have 16500 deposit and am looking to buy a house costing £110000. I earn £28000 a year. I have 2 defaults from 2016 both satisfied and had no defaults, late payments ect since. Trouble is with COVID some lenders have reduced their LTV or withdrawn their products all together. I have tried for AIP from…
-
Can future changes in circumstances affect mortgage decision?
Hello! First time posting and just curious to know (as had an argument with the other half about it!)... Do mortgage lenders take into account any future changes in circumstances? I know they tend to ask if you are planning on starting a family or expenditure will go up but what about expenditure coming down?! We are…
-
Paying off mortgage/CTL
Hi, Anyone know if there would be any issues with paying off a mortgage whilst having consent to let on it and it being let out? Thanks
-
Mortgage issue
Bought a demanding zrndndnxnxn
-
Revised application - how long?
Answers received - thanks
-
Is mortgage offer going to be made?
I've had an application for a few months, searches done and everything. Does this mean once the valuation is done the offer will definitely be made? Things moving fast this week but still have doubt I'll get declined. The valuation goes ahead Monday.
-
Mortgage anxiety!
Hi All, My partner and I are awaiting approval for our Helptobuy equity loan authority to proceed - our broker submitted the form for us. Our broker has also now already submitted our full mortgage application to Nationwide (we have an Agreement in Principle already). We have our 5% deposit and have been told by our broker…
-
Which CRA do Virgin Money use for full mortgage application?
I got an agreement in principle from them but before I fully apply I wanted to check which CRA's they use. Experian hold correct information for me but there is an error on my Equifax and transunion reports that I am trying to sort out with them. I don't want to apply in full for the mortgage if they don't use Experian…
