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Unsure what to do
I’m in a difficult situation. I’m due to inherit a half share of a property and I’m looking to purchase from the other person so I will own the whole property. The other party had agreed to sell a while ago. My mortgage offer expires in January and the other party has gone very quiet. My solicitor has been useless and took…
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Valuation
Hi, we are due to have the valuation of our (hopefully) property on Thursday....is it likely this will go ahead? Or postponed due to the lockdown?
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Building Survey and mortgage valuation
Will lockdown delay/stop these? I know there's dozens on here who will be in the same position. House is currently empty so hoping there won't be that many issues.
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Fiance will be furloughed, I am key worker, mortgage just approved... should we pull out?
Lockdown 2..... I earn 36680 and won't be impacted by the lockdown, my fiance earns 27000 which will reduce by 1/3 due to the industry he works in closing so he will be on the new job support scheme. Our mortgage with Santander has just been approved however am I right in thinking it is likely to be pulled due to the…
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How will the lockdown affect mortgage completions?
As in the title? What do we think? I’m 4 weeks from completion and now im concerned
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Is a mortgage better with 1 or 2 people if one of them doesn't work?
I'm thinking of putting some of my savings into a lifetime ISA to put towards a deposit on a house with my partner at some point in the future. My partner is chronically ill and can't work so we only have my income (33k). I have enough savings to put 4k into a LISA for each of us. However what I'm wondering is, if my…
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Porting cost for HSBC mortgage
Basic gist is we're selling and buying - we could buy cash but would need to pay £3,250 ERC with 23 months remaining on the fixed term. I'm struggling to get through to HSBC (4 times of 50mins + each time waiting this week) and just wondered if anyone knew what the approximate cost of porting a mortgage is (£200k…
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Additional Mortgage Borrowing
Good afternoon, I would really appreciate some feedback on additional borrowing. Has anyone done this? Did it work as you had planned? Anything you would advise / hindsight advice much appreciated! For context we bought our property three years ago and have just left our fix, initially we planned to stay here for approx…
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Lockdown 2 imminent
Any thoughts what will happen with house valuations if the 2nd lockdown gets put in place?
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Halifax mortgage - awaiting valuation, what happens next?
Hi all, I’m with a broker who is proving berg difficult to get hold of so I’m hoping someone can give insight. DIP 23/10 Application 23/10 Valuation booked for 04/11 The last I heard from the broker was on Wednesday when she said that she had spoken to Halifax and they’d said my case “was agreed pending valuation”. I asked…
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Mortgage for FTB on fixed term contract
Hi all, Myself and my partner are currently saving for our deposit, and we estimate we’ll have enough in approximately 12 months time. I have been offered a new job with my local council but on a 2 year fixed term contract. I’m worried about what impact this will have on our mortgage application? My partner is on a…
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Will we be able to complete? Lockdown looming
Hi guys. We are due to complete on 13th November. Basically our house has already been signed off by NHBC yesterday, Friday and our developer said it’s up to our solicitors now to process the rest. Say if the lockdown is imposed next week will we still be able to complete on the 13th? Our mortgage offer will expire on the…
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Coronavirus payment break - future impact?
Hi everyone, Today is the final day that the coronavirus mortgage payment break can be applied for and I’m wondering now that it has been around for a while, are people finding that they are struggling when it comes to remortgaging if they’ve taken a break? We’ve not had not had to take one so far, but with the likelihood…
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Help to Buy & Remortgage
Hello, Despite many searches I can't find a straight answer to this one so hoping you can help. We purchased a property for £257k with help to buy, using a 5% deposit and 20% government loan. In 2022 we can remortgage, and we're hoping to buy out of the loan. I don't know how much we'd need to remortgage though and I'm…
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Will my mortgage offer be pulled in the event of a second lockdown
I’m ready to exchange. I’d likely be re furloughed or temporarily out of work whilst in lockdown. The long term future of my job is not under threat. I work for a charity
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Two-hour phonecall with Nationwide after AIP?
I have just received a positive AIP from Nationwide for porting my mortgage. Now, to proceed with the mortgage application, they booked me in to talk to a Nationwide adviser - the phone call will happen in 12 days (!) and should last 2.5 hours. Since I already sent them all the documents they requested, does anyone know…
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Equity release vs mortgage increase
I need to pay my ex husband his share of what was once the marital home. Moving is not a good option as the amount I would be left with would not buy a suitable home in the area my sons wish to remain. His share is smaller than mine - just over £200k. The house is worth about £650k. The mortgage about £50k. Should I…
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First time buyer mortgage chances?
Hi all, just had a quick question about 90% mortgages at the moment, I've been advised by my broker that 90% mortgages are being rejected at a rate of up to 50% of applicants and has advised to go for an 85% mortgage as there is a much higher liklihood of being sussesfull, has anyone got any inside on this or are the…
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Interest mortgage advice
Hi, I'm on the svr intrest only mortgage rate, which is 0.5% above base i think? I save every week and hopefully one day can have enough to pay off the mortgage, I've 30k an my mortgage total is 87k house is worth 135k I like the money in my bank as I have a safety net if anything goes wrong in my financial life. What's…
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Mortgage Securitisation - scam or real?
Has anyone any experience of this whereby lots of our mortgages have potentially been sold to another firm without our knowledge, meaning essentially our mortgage has been paid off and the contract with the original lender is ended meaning by rights we shouldn't be paying out monthly mortgage payments. One of my relatives…
