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NatWest additional borrowing
We are approaching the end of our fixed term and considering asking for a revaluation so that we will (hopefully) improve ltv and access better rates. We would also like to apply for a further advance at some stage, if the figures add up (may not be the best time now as lending potentially tighter). I wonder if anyone…
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Self Employed - Can't seem to get a mortgage
So after reading about Habito on here. We went with them. Entered all our data. We have a 58% LTV, so fairly healthy deposit. Habito said we were all good and that Natwest were the best fit. It was rejected. Natwest refunded the Valuation Fee. Habito are now saying that the least recommended provider on our recommendations…
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Valuation Scotland
hi lender is requesting they do their own internal valuation due to our deal being 90 ltv. Anyone ever heard of this is scotland? They have home report and mortgage valuation certificate. MB is still discussing it with them.
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Transfer of Equity - Help to Buy (Target)
Afternoon, I'm currently in the process of taking over the home following a break up. Unfortunately, we used the Gov. Help to Buy which just adds complication. Things seem to be moving along now, I have a mortgage agreed. However, I just wondered if anyone had any experience of going through this with a Mortgage Provider…
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TX Equity Mortgage and Company Redundancies Announced
On behalf of a family member. Going through divorce proceedings and transferring the joint home into a sole name. The mortgage company has agreed to the transfer of equity and a mortgage offer has been provided, but not signed yet. The company he works for has just announced redundancy. The family member does not know at…
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Moved: Repossessed Home not sold after 12 years and counting
This discussion has been moved.
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Getting another mortgage offer after securing one already is it wrong.
Is it wrong to get a 2nd mortgage offer after obtaining 1st offer. Ill Explain my story. I had a default on my credit report i have cleared it its about 4 years old. and been satisfied for just over 6 months. My current lender Bank of Ireland will not allow me to obtain additional funding if i was to port my mortgage. so…
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Fixed rate ending but wanting to buy/move soon after
Our fixed rate is coming to an end in late November, we are on a 1.6% 3 year fix deal with Halifax and by time we come to remortgage, we'll owe about £195k with 65% LTV. Ordinarily I'd be asking Halifax about their rates for existing customers and comparing to other providers, however we'd been considering upsizing and the…
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Help! Can't get a mortgage appointment! 85% Nationwide or 90% anywhere else
We had our offer accepted on 27th July and booked in for a HSBC 90% mortgage application appointment online. The earliest appointment they have to do this is Tuesday 18th August. We can however just about afford a 85% mortgage with Nationwide by porting our current mortgage but the earliest appointment they have is…
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Adverse credit
Hello Me and my partner are trying to get a mortgage but we have adverse credit. I have 2 defaults with the last year and so does he. They are all unsettled.. We both work full time and bring in round 3000 a month after tax between us We have a newborn baby My credit score is now in the fair band and haven't missed any…
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Interest-only mortgage after death. What would be best to do?
Hi I'm hoping to get some advice as I am just out of university and never experienced anything like this before. My dad has an interest-only mortgage.,He has said he is unwell, and wants to sign it over to me, as he has no life insurance to cover anything and no savings, and hoped this would be a way of us getting…
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£500 deposit for Permission to Market Property
So my family and I am looking to move and have agreed a part-ex (after reading other stories here, we got offered a really good price compared to market value + £10,000 towards their upgrade brochure for fittings etc). Anyway, we have submitted the form to allow the developer to market the house while we are still living…
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Virgin Mortgage Wont bring term down on overpayment
I came into some money so thought id do the sensible thing and pay off some of the mortgage, I specifically asked at the time that I didn't want my payments to go down but I wanted my term to reduce (its a whopping 35 years) and so today I get a letter to say my monthly payments have gone down! when I asked the call centre…
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Nationwide Valution
I am looking at buying a new build home, today nationwide is doing our valuation. We put the mortage application in on the 17th July. Has anyone any experience with how long our mortage offer will take with it being a new build and during the pandemic?
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Help to buy 5% question
Hi, Sorry if this has been asked before (I’m sure it probably has). I understand that 5% mortgages are hard to come by with everything that is going on and wanted to ask whether this applies to to the HTB equity loan scheme. Do lenders actually want to see a deposit of more than 5% (+the gov loan). i originally assumed not…
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Achieving CAS status
Hello everyone, I passed the CeMAP exams in Feb 2019. I started job searching just recently and covid 19 meant that both jobs from the big banks I was almost getting had the vacancies cancelled. BTW, my previous experience is in Banking both customer facing and back office. Please help, I am thinking of another way to earn…
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Buy-to-let question
Hi all, My wife and I own a flat in London. Unfortunately it has no outdoor space which has become more desirable in the pandemic. Additionally, as the stamp duty holiday has been implemented, many similar flats have come on the market as people cease their chance to upsize. Given stamp duty <450k in London had existing…
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Source of deposit help
Hi everyone, I am a massive worrier as me and my partner very quickly decided to buy together as both our tenancies were coming to an end and the stamp duty reduction was in place so we are currently in the middle of our mortgage application. My concern is over deposit, it is a 5% deposit (using help to buy equity scheme)…
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We own a house outright and we want to buy another house but not remortgage
Hi all, I have a question. My husband and I own a house outright, we paid it 4 years ago, and we raised a deposit for a second home. We don't want to use the first house, the one we live in as an equity. We want to buy the new house because we need more space so we will be living in the new house. We won't be selling the…
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Adverse credit mortgage success?
Just looking for a little advice as to whether anyone has been in a similar situation to us lately, and how it’s gone really! My partner and I are looking to buy a new build with HTB. It’s reserved and we’ve got the ATP from HTB. Property is valued at £309,000 and we have the 5% deposit. Mortgage of £232k and our salaries…
