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Recommendations for fee free mortgage advisor? Trussle?
Hi, I’m due to remortgage in the next 3 months so am starting to think about alternative lenders. In the past, I’ve found my own deal and also used a mortgage advisor who I’ve paid a fee for setting up my mortgage. I’d like to ideally consolidate some debt and finding my own deal feels a bit out of my remit...as to lending…
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Over payments best option
Hi I currently have mortgage plus additional borrowing one for £40000 and the additional for £30000 totalling £70000 both have an interest rate of 2.19% fixed for 7years. The term Has 12 years left. I am allowed to over pay 10% a year on each so £7000 (dropping each year to avoid penalties). I currently over pay weekly…
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Second property mortgage help needed!!
Good afternoon everyone, Does anybody know whether if switch to a buy-to-let mortgage from my current residential product, if this will allow me to release equity? (to pay off my help to buy equity loan and to bolster a mortgage on a second property) I am mid-way through a 5yr fixed mortgage but I have been told by my…
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Second property mortgage with help-to-buy
Hi all, Firstly, thank you for taking the time to read this. Appreciate the below is a bit of a brain spill! I am currently awaiting a meeting with a broker, however, before getting carried away I thought it'd be best to discuss here to see if my plan is viable. My partner and I are looking at getting our first place…
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Survey Before Mortgage Application?
Hi, I am currently a FTB and in the process of buying a house. I have had an offer accepted a few weeks ago and have hired a solicitor and have paid for the search fees etc. I have a mortgage broker and am trying to get a HSBC mortgage at 90 LTV. This is really the only lender we can use as my partner was furloughed and…
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New mortgage after mortgage holiday
Hi, We recently took a mortgage holiday, due to my partner being a student and myself being put on a reduced salary She has now qualified and has secured a job and my salary is back up to 100%so we are looking to apply for a mortgage, so could I ask if anyone has been or is in a similar situation. we have a 15% deposit for…
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Shielding / Going for a mortgage
Hello, Has anyone been shielding tried to get a mortgage recently? We’ve got government letters to prove my partner had to officially shield plus payslips to show what he earnt pre-COVID.Thank you 🙂
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Transfer of deed without a solicitor
Hello Am taking out a joint mortgage; I am currently the sole owner. Assuming that I am aware of the risks etc, can I simply enable this transfer myself with the land registry? Or it there a legal requirement to do it through a solicitor. Perhaps I'm being naïve but it looks very straightforward on the .gov site and I'm…
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Missed a bank account off my application
I have a bank account that I only use for work purchases with a cash float of the company's money. Never crossed my mind to include this in my mortgage application but suddenly realised it would show on my credit report which will probably raise questions. Any thoughts on what will happen and what I should do? Are old…
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Newly Cemap Qualification
Hi, I recently passed my Cemap Qualifications. I am new in this industry as I have no Mortgage or Financial Services experience. Can you please give me any advice what should be my first step forward in getting experience and gaining CAS status. I have seen people have talked about joining Networks. I would appreciate your…
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Additional documents timescale
Hi all FTB so go easy on me please!! We have applied to Natwest - our application is a combination of employed and self-employed so is being treated under their self-employed/complex cases. My wife is on maternity and they have requested additional documents - basically a signed letter from her confirming her return date…
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Honest opinions...HTB scheme or the old fashioned way?
so planning on buying my first home next year. Im currently saving in a LISA and im half way there! Il have approx 11-12k saved. My plan was to perhaps buy a small terraced for 110k, and in the future buy something abit bigger. Now im worried there won't be any 90% ltv either which is also making me consider the HTB…
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Trapped in my mortgage !!
I’m currently in my mortgaged property, it’s on the market for £375,000, of which £175,000 is mortgaged, £200,000 would be equity. I intend to downsize to give me a much smaller mortgage which is more manageable. My current mortgage deal came to an end so I’ve moved to SV with NatWest which I won’t be able to pay forever…
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Experian missed mortgage payment bungle
Hey all. Looking for advice from the community. My wife and I recently applied for a mortgage but our advisor informed us there was a missed mortgage payment on our credit rating file. We were indeed a couple of weeks late on our current mortgage's first payment as the original broker put down the wrong bank details on the…
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Negative equity in Northern Ireland-Ulsterbank
Hi all, Hoping to get some advice from you all: Quick summary:-Bought house in Belfast during the boom- now its in 30k negative equity with Ulster bank. Have spoken to negative equity company and they are suggesting an assisted voluntary sale with a negotiated settlement- (With up to a nice 5k commission for them) As they…
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Can I make an offer without my solicitor?
I do have a solicitor but they are closed at the weekend and we have found a property we love. I'm itching to make an offer but can't because of the above. There is a mobile number given on answering machine if I do need to discuss anything outwith office hours but I am imagining they still would be unable to do paperwork…
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Undeclared credit
Morning. We applied for a DIP way back in January, it was approved. We have recently found and had an offer accepted on a house. Now have a full mortgage offer. Problem being we have a next store card sitting with a balance of approx £2000 we never included in our application at the very start (dip stage). Genuine mistake…
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Steps Post AIP
Hi everyone, need a bit of advice. Partner and I have recently been given an AIP and want to proceed with an application. However, I wasn't present for all of the questions for the AIP and didn't declare my unsecured loans. I am fortunate to be able to ask for money to clear my credit card, but I am ridiculously anxious…
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Mortgage and arrears from 2013
My partner and I are in the process of applying for a mortgage. We’re both high earners and had a 15% deposit but can go up to 20% if needed. When checking my credit file I noticed that there were two months in April and March 2013 when I was late paying my EE bill so was in arrears. My first question is will this affect…
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Remortgaging with Same Lender
My current deal is due to expire in January 2021, so I am now looking for deals that I can potentially lock in as options for when January arrives. I perhaps wrongly (please correct me if this isn't the case) assume that taking a new deal with my current lender (Santander) would be the easiest option. But I recall from…
