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10% mortgage availability
Hi all, I have 10% deposit unfortunate my last MIP has now expired and the offer is no longer there due to removing all 10% mortgages. Now I’m trying to find who is currently offering 10% mortgages so I can use there affordability calculators but is seems there’s very few. What banks/bs are offering 10% currently? Ty
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DIP with trussle & L&C... does this sound right? Confused!
We have just sold our shared ownership flat stc. We are in a situation where we live in the south and have a 105k deposit but only my partner works (31,500pa) due to 3 young dependants but no childcare fees or debts of any kind. Due to me not working we wanted to apply as a single applicant, most calculators Halifax,…
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Which lender?
Have been declined DIP with nationwide for reasons unknown, you may have read my previous posts. We have got Decision in principle from Lloyds (our bank) and Halifax. Husband self employed, many years tax calc proof of earnings, has claimed SE grant due to small effects on earnings. I am employed. 15% deposit, house just…
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Do Natwest allow early product transfer?
As per the topic, curious if there is any chance of Natwest allowing an early product transfer to a better rate and waiving the 1% ERC if we take out a new fix with them?On the one hand, why would they? They're already getting our money at 3.65% :D On the other hand, customer loyalty and all that.Our mortgage is up in…
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Under 55- how do I release equity from my home?
Hi all, I'm going through a divorce and we fully own our home. We're in our 30s, my ex would like to release his 50% capital share of the house, which I can't afford and I would prefer to do a deferred sale for 7 years, which is when both our children would be over 18. Im not interested in buying the house off him but need…
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Halifax Employer Reference Request
Hey guys, Halifax have requested an employer reference from my wife's employer (she's currently on mat leave, we sent a return to work letter and her payslips prior to mat leave but it has been deemed insufficient - probably due to a pay rise she's had since being on mat leave). Broker told us Tuesday that Halifax have…
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A pickle and a half
Well i am week 5 into purchasing a property i fell in love with, and yesterday i received my searches and information from the solicitor and it has blown a hole into it, and left me mulling away all night long. Searches show a subsidence claim was logged in 2014 against the coal board for damages caused when the mine was…
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PLATFORM MORTGAGE
just wondered if anyone was finding platform mortgages frustrating. We started the process of porting our mortgage in June and it took so long to even receive the paperwork and then platform claimed they didn’t receive it untill the 28/07/20. Still waiting now had the valuation done Wednesday but not heard anything. Just…
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HTB Mortgage and furlough
Been having some issues with getting a new mortgage offer at the moment due to COVID and furlough for a new build that we were due to exchange on prior to lockdown. Just wondering if anyone knew whether it was possible for some to guarantee a HTB mortgage e.g. parents, if one of the mortgage applicants was on furlough and…
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Private mortgages?
I was previously looking at a property (part finished barn conversion) but I was unable to get a mortgage on it as all the lenders my broker (and myself) tried would only offer self-build mortgages and I do not have the income to support the final value of the build. My plan was to move into the finished part and do the…
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Help to Buy ATP after mortgage application submitted
Went with a broker for mortgage with Kensington. Requested all documents and submitted application. Asked for proof of deposit, reminded him our first discussion about HTB. Told all they do is the mortgage and not HTB. I think as a broker should have advised me to apply for ATP before submitting mortgage application. Now…
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S1 form bank of ireland
Hi Can anyone calm my nerves please. we have had our mortgage offer from bank of ireland today.... Great news- but we have also been sent in our offer pack a Guarantor deed. We don't have a Guarantor Mortgage, when i spoke to our mortgage broker she said you don't have a Guarantor mortgage so you shouldn't need to sign it.…
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Fixed mortgages
HiNeeding some advice please. Ive been advised to take out a capital and interest repayment mortgage on a Buy to let. I do like the idea of paying off the capital but not confident I can afford it. I also have an option to take out an interest only Buy to let mortgage fixed for 5 years. My question is that if I did…
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FTB- BARCLAYS
hi I wonder if anyone here knows if mortgage application goes for random audit checks what is it the bank or the auditor could be checking? We have been asked for dwp statement. Just anxious.
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Equity release.
We are thinking of taking an equity Release loan on our property I have made a few enquires and was thinking of applying for a RIO mortgage. our house is valued at £115k and we are looking to release £40k we are both aged 66 after looking at the criteria of the affordability we would be ok as a couple but if I were to pass…
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Coventry building society mortgage timelines at the moment?
Hi, We'd like to port our existing First Direct mortgage when we move house, but are now concerned by what seem to be really long wait times to even get the initial application appointment. So we are looking for other backup options. Coventry building society looks to be the next best option. Googling though I cannot find…
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Moving mortgage lender - overlap in payments
Hello, We are in the process of moving from one mortgage lender to another.Our old lender has an early repayment charge in place, so a completion date can't be set until that is over. It ends on 30th September and our usual mortgage monthly payment is due to go out on 1st October - by this date it will be at a standard…
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Mortgage Advice Please
Hi, after a bit of advice, I'll try to keep it short. Had an offer accepted on a house, used LandC to find a deal, found one with Accord, they put the application in. DIP and credit check through. I chased an update, I've been told by the 'Case Manager' that there is a lender update which will require the case to be…
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Limit increase during application
We have recently received our AIP for our house purchase and are looking to proceed to full application any day now. This week, my credit card company have emailed to say they are increasing my limit by £1,000 (3k to 4k, balance currently around 1k) Whilst this is nice, I didn’t ask for it, and I’m just wondering if it…
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Ulster Bank Overpayment
Hi All, Wondering if anyone can help me. I've an Ulster Bank Mortgage (seems similar to RBS terms) and wanted to make an overpayment to reduce the term of the mortgage. They have an online calculator which shows 2 options, one which reduces the term and one which reduces the monthly payment. You are allowed to pay £1000…
