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partner wants to invest in my house
Hi, My partner has just sold her house and has moved in with me. She wants to invest in the house (part own.) Is the money I receive from her subject to tax?? cheers
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Fixed deal ending, remortgage advice
Im hoping to get some advice and for some answers to questions regarding what i should do when my fixed mortgage deal ends next year. My partner and I bought our first home in July 2016, taking out a 5 year fixed mortgage deal at 2.69% with Nationwide. We borrowed £210’000 and put down a £80’000 deposit. At the time, we…
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Senior Underwriter
Can anyone shed some more light on the senior underwriter? I understand that all self-employed application currently go via manual underwriting. Our MA has been told that our lender (HSBC) needs no more documentation from us and that our case has now been passed to senior underwriter for decision - hope to know within 48…
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HSBC - Reinforced Concrete Issues - Help?
Hi, I am purchasing a flat which is in a newish apartment block (was built in 2016 or so) in London. The property is part of a development of nine buildings - both owner occupied and tenanted. There are no other issues with the property but yesterday my mortgage broker came back saying HSBC (the bank we are using) has…
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Remortgage Help
I am unfortunately in a position that i need to remortgage due to a marriage breakdown. as want to take over mortgage by myself. unfortunately due to the covid outbreak my current mortgage provider have changed their criteria so i cannot take it out by myself. my Mother offered to go in with me to get the amount up but the…
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Anyone used Mansfield building society?
as above, has anyone used them? Or anyone else in a similar situation They? They are basically our last resort. We don't fit the criteria for any other lender right now and a family member has finished building our house & now we can't buy it 😢 We were going to go with Bluestone but our broker says their criteria has…
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Problems with job on application
Morning, So after using a broker to get an AIP on a mortgage with NatWest, which was all good, we found a house put and offer in and it got accepted, yay! However, the broker called yesterday and said NatWest need proof that my partner is transferring his job to the new area we are moving to. (It’s an hour away from where…
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Sold my house - want to clear my debts before buying a new home...how long should I wait?
I sold my house yesterday (Woooo!) I'd like to clear my debts first before buying a new place, I will pay off around £30k prior to buying a new place. How long should I wait before buying a new place? I'm expecting clearing my debt might get me a better mortgage interest rate, and I can save a little bit more towards a…
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Re-mortgage costs?
Hi. I know it can vary wildly but can anyone give me an idea of average costs for a re-mortgage from a solicitor. We have Had one quote but seems expensive and not sure we need every service they have quoted for, for a re-mortgage. Can anyone provide advice. Screenshot attached of quote item list.
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Will I be accepted for a mortgage with defaults
Hiya, so me and my partner are applying for a mortgage for our first home (both first time buyers). We have decided to try with NatWest. We have already received an agreement in principle with them and now it’s onto the next part! We have a deposit of £35,000 and the loan amount will be £127,500. When looking at our credit…
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Monthly interest confusion
Hi all, I have a fixed rate mortgage. Looking at my mortgage statement, the amount of monthly interest I am paying fluctuates, sometimes being a higher amount than the month before. Please can someone explain to me how it is calculated? Shouldn't the monthly interest payment amounts go down as the balance is getting…
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Mortgage Over-Payment - Incorrect Monthly Payments
Hello World! First post here - go easy on me. Situation: We made an over-payment (£4,000) on our repayment mortgage and asked for the monthly payments to be reduced (keeping the existing term which is 13 years). The bank (nameless for now) recalculated our monthly payment but it just doesn't add up. Basically the monthly…
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Will i be overstretching myself on monthly payments?
I'm aware that this is difficult to truly judge however I am just after some general advise from people who have mortgages. I have a DiP in place and a broker applying for my mortgage. I am a FTB on my own, no dependents, roughly 1600 a month wages (after tax etc.) although this will likely go up to around 2000 in the new…
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What can we do?
Looking for any advice.. my parents (early 60’s) are both still working and have 5 years left on an interest only mortgage. They have no ‘plan’ or funds to pay off the outstanding amount of £199000, to be honest they never had when they initially took the mortgage out and I struggle to see how they actually got an interest…
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Any Lender offering 90%ltv mortgage on new build houses currently
Any Lender offering 90% ltv on new build houses currently?
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New Morgage, UK Resident, foreign salary income
Sorry all! I just realised I already asked this question. I do not know how the delete this post now. Dear all, I've been doing some research in and out this forum and I could not find much information about my case. Not particularly complicated, but I will really appreciate your advice. I am a UK resident working mostly…
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Lender asking for remedial works before offer is made?
Hi, Wonder if anyone has been in this situation? Am a FTB buying a mid terraced house, my application is with HSBC, LTV 75%. The valuation was done at £0 but if remedial works are carried out, it would be worth what I offered for it. HSBC are saying that they want the remedial works done before the offer is made. Has…
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Options when moving out and leaving friend behind
Hi, I have currently lived with my friend since the middle of 2019 and my fixed term on my mortgage ends at the end of February 2021 which is when I am planning to move out and buy a home with my girlfriend. What would be the best route to go down as he wants to stay in the house so we won't be selling it? In an ideal…
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Npower Arrears Mortgage Application
Hi, I have applied AIP with Santander through online application however it has been declined with no reasons given. My husband has a mortgage with Santander and we would like to apply in joint name to move to a bigger house. My husband credit history is clean. However I had adverse credit with Npower and it has been…
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Accountant declared more than our SA302
Hey guys, Just wondered I know all lenders are different. But ... We declared our income for self employment and accountant has just done our books and said actually its 4k more then we had thought so submitted a new SA302. We submitted old one to broker ages ago but now the accountants reference is going to be done which…
