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CeMAP advice on qualifying
Hi I thought this would be the best place to put my question. I am unsure whether to pay for the exams and use their study material only Or option B - go through a training provider. What did you do when qualifying? Cheers
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Trust deed apportionment, unequal deposit, equal ongoing payments
Hi. I am struggling with how to apportion this fairly. The solicitor said that what I had initially suggested sounded complicated and she would have to think about how to draft it. Here are the facts: * Property purchase price £635,000 * John putting in £220,000 * Sarah putting in £150,000 * Mortgage of £265,000, to be…
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2nd Job Temp agency
Hi My wife and I are hoping to move house. She is employed and I am self employed. I also have a relatively new 2nd job (22k) which actually pays more than my self employed income (18k) The issue is that my 2nd job is with an employment agency and my role is a temporary on going assignment for NHS which doesn’t look to be…
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Mortgage advice
Hi I was hoping to get some advice from someone more knowledgable than me on my situation A quick summary of the timeline in this ongoing saga; AIP agreed by nationwide for lending up to £305,000 (they said this figure was low based on the fact we took advantage of the mortgage holiday in April and March but cancelled it…
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Which mortgage?
Hi guys, I am about to remortgage and can get a good rate by sticking with barclays and without the hassle of fully remortgaging. Which of these three deals is the best overall? I appreciate any advice given. Thankyou
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HSBC remortgaging with two mortgages
Hi, We have two separate mortgage accounts with HSBC as we ported our mortgage and then they drew down another mortgage when we moved to our current home. As such they run at different deal lengths. The first mortgage of £166k is currently at 2.29% and ends Feb 2021, thereafter it will be 3.54% variable. The second…
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Devaluation of house
Hello everyone, I am just after a bit of advice on this matter. We are looking to remortgage our house with additional borrowing for house improvements. This has been agreed and we now have a formal offer. However the offer is based on a different interest rate than the original as they have devalued our house, which means…
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NATWEST differing from AIP
Hey guys! whats everyone experience on their official mortgage offer being similar to their AIP. Our mortgage broker has just submitted our application so hoping to hear back from them in the coming weeks, after having nothing but trouble with Barclays. Im currently on Flexi - Fiurlougn working 4 days instead of 5 until…
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Mortgage broker gone to ground... just renew?
We were first time buyers just over 2 years ago on a central London flat and 95% LTV with a fixed term deal. That deal is shortly coming to an end and the current provider has given a number of options based on their calculated 89% LTV depending on fee and duration of fixed term. In late July time the mortgage broker…
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Switching from residential to buy to let at end of current mortgage
Hi folks, I am on a residential mortgage, and the two year introductory period ends shortly. I want to remortgage, but as a buy to let, probably with a new lender. Does this mean a completely fresh mortgage application? Rather than a 'remortgage' application? Or is 'buy to let' always more convaluted at 'remortgage' time?…
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Changing jobs twice in a short time before mortgage application
Hi, I'm planning on applying for a mortgage with my partner at some point early next year. I've been working for my current employer for just over two years now, but my contract is coming to an end at the end of the year. I got a new job starting in Novermber, as well as another one, with the provisional start date of…
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Do I make an over payment
Hello, I am currently in the midst of borrowing more to move home with the same lender, my current mortgage is at 1.99% fixed for another 2 years and i am taking out another loan that is 1.49% fixed for 2 years to meet the extra borrowing Lets say the existing loan is 100k and the new loan is 200k and I have 25k in cash to…
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Investment dilema
My partner and I are in the very fortunate position of having no outstanding debt apart from a £130K mortgage. We are both working full time so have no problem meeting the payments. We also have a £40k inheritance that is currently sitting as an IASA and premium bonds. We have been planning to use the £40k towards a…
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Remortgage or not
Hi, I'd really appreciate some advice about our current situation. Our 2 year fixed rate mortgage ends in November and a move to the SVR would see an increase of around £200/month on our repayments. Usually I would fix again however we are also hoping to move in the next 6 months to a house which will require a much bigger…
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Help to buy - authority to exchange delays
Hi Me and my partner reserved a new build towards the end of July and have had mortgage offer from the bank approved and authority to proceed from Help to buy but we have been waiting ages for the authority to proceed, our solicitor said she uploaded the relevant docs on 04/09 and we are still waiting to hear back... I…
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Halifax final mortgage checks
Hi wondering if any knows if it’s just random final additional checks or is it more intense due to covid. First set of checks were done end of June. Mortgage offer was august11th waiting on move in date, but my car was due to be traded in so i have done it, missives etc are concluded. Little worried though as I have…
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Remortgaging with new provider - TSB or Santander - recent experiences?
Hi folks, Sorry I know there's a Santander timeline thread. But I guess part of my question is what's the setup online like for Santander and TSB. Ie does anyone have experience of either not working very well? Or stuff needing to be done by post? Any good/bad experiences? What are remortgage timelines like atm? That sort…
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esurv scheduled valuation for a month away!
After Nationwide deliberated over our mortgage application for 7 weeks before declining it, we've jumped ship to Halifax - however, their valuation company esurv have come back with a month to wait before the property we're looking to purchase is valued! Any ideas as to how this might be sped up?! Thanks!
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Initial rate or APRC
Hi allIm looking through and comparing rates for my mortgage, and just wanted to reach out on what is vest when looking at rates.I've found a few where the initial rate (1.75%) fixed for 5 yrs is the best but the APRC is 3.4%.And others where initial 5 yrs is 1.89% and the APRC is 2.8%.Which would you recommend? To go for…
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Grooming credit report for mortgage application?
I'm getting ahead of myself but at the same time it does seem sensible to start as early as possible. We are hoping to buy a house next year (Autumn/Winter 2021) and I figure it is now time to start trying to make some changes that could prime us for an application, especially if the market is as tough as it is right now.…
