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BROKERS - What are my chances? Fixed Term Contract
I have an appointment booked with a local broker on Monday, but want to know what I should realistically expect. Current situation - I have secured a fixed term contract (12 months) as a teacher, and I am currently 4 months into this contract . My other half is in the same position and works as a cleaner. I spent the last…
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The Nottingham BS mortgage timeline
We submitted our mortgage application on 14/09/20 and still haven’t heard a thing. The website says they work on a 30 day turn around due to Covid. When we telephoned we were told they couldn’t give us any specific details (as they only work through brokers) but we should hear something by 15th Oct. Now it’s 28th and still…
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Barclays mortgage timeline
Hi everyone! I've been a long term lurker. This is my first post as I am getting more nervous with my application and haven't seen much about Barclays here. My timeline is as below: * 30/09: DIP * 01/10: Application submitted (3 month payslip, bank statement, proof of address, signed gifted deposit letter etc.) * 06/10:…
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Gifted Mortgage Deposit
Good evening. My mother and father-in-law have proposed an idea where they sell us their house, and from the equity they would gift us a substantial amount as the deposit towards our purchase of that property. Is this a possibility as the deposit would not be available until the sale is processed?
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Broker for Adverse Credit Mortgages
Hi everyone. I just wondered if anyone here could recommend a mortgage broker who may be able to help with an adverse credit mortgage. I have tried a few of the larger brokers but, while they tell me they can probably help, they aren’t very forthcoming with it. Any recommendations would be gratefully received. I’m in the…
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Bridging Loan Companies
Hi Am looking at a 60K bridging loan. Any recommended mortgage companies (direct application) or must it be through an agent? Any recommendations?
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Help to buy help! Defaults
Hi can anyone help i have come out of a DMP a few months ago and paid back just over 30k of debt. We have 13k left on 2 defaulted accounts from March 2018 and pay a few pounds a months towards. The plans was to wait out and get a good settlement offer for these. we have enough deposit to get a 5% help to buy Deposit on a…
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HTB Agent 2 (Midlands & London)
My husband and I are FTB using the HTB scheme (mortgage offer received yesterday is for 75% LTV, so this will combine with our 5% deposit and 20% equity loan). We are currently awaiting our ATP, and whilst Agent 2 currently stipulate an 8 day turn around, we are now on the 8th day and as of yet received nothing. My husband…
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Livewest shared ownership timescale
Hi all, does anyone have experience of how long it takes livewest to get back to you when you submit an applciation form for a property? Thanks!
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Tier 3 and valuations
Hello again everyone. Our prospective mortgage lender had arranged to carry out a valuation on the property we'd like to purchase today, but yesterday they sent us a message to say that the valuation had been rearranged to take place next Monday (2nd Nov). Unfortunately though, all of Nottinghamshire is now to enter Tier 3…
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Mortgage Advice - Help to Buy - Bad Debt History
Dear All, I am after some advice/guidance please with regards a possible mortgage next year. Me, my wife and our two children currently rent privately. I have just finished a lengthy DMP - c£48k now paid off over several years. There were around 12 companies owed on the DMP. I have obtained mine and my wife's credit…
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How much can I borrow?
We are starting to think about moving in the New Year, I'm not in a rush but Husband is getting itchy feet. I have a modest salary, circa £34k, 3 children and a husband is in year 1 of 4 at uni. With the equity from our house we should have around £180k to put towards a new home, we could add to this with savings but would…
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Right to Buy age issues
I’m 64 and on disability benefits my Son aged 22 and myself have been accepted to Right to Buy, we need £29,000 Mortgage, my sons income is secure with good, excellent credit score. The mortgage must be in joint names as I have the RTB discount (30+year), for income purposes I am a non payer due to my age and income being…
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5 or 10 years fixed
Due to remortgage and need to decide between 5 year fixed at 1.79% or 10 year fixed at 2.29%, both are lower than what I’m currently paying, only tied in to 10 year one for 5 years re early repayment penalties etc - Inclined to go for 10 year for peace of mind, not sure what situation will be like in 5 years time if having…
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Mortgage Help - Buy and rennovate!
Hi, I'm looking at buying a house that is habitable but needs work doing to it (new bathroom, kitchen, etc). I've been trying to find advice but I can't seem to get my head around the articles I've read, so was wondering if someone here would be able to answer it in a way that clicks! Before I explain the situation in a…
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Do I take the 2 or 5 year deal?
I have recently agreed a let to buy remortgage with The Mortgage Works and am unsure whether to go with the 2 year rate (1.94%) or 5 year rate (2.24%). The repayment difference is a mere £16. By opting the for 2 year rate I would have to pay £995 at the end of the deal to find another low rate. Am I right in thinking the…
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Natwest Mortgage with previous PDL
Hello, just wondering if anyone has any history of getting a Natwest mortgage after historical use of pay day loans? My last PDL was just over 2 years ago, no defaults etc so just wondering if I’m panicking over something that I shouldn’t be? My partners credit history is squeaky clean so just hoping my bad judgement…
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mortgage renewal online
Hi, Need some info/advice please. My mortgage is due for renewal. I'm on fixed rate and planning to renew with fixed rate again. I know I should ask the bank/mortgage advisor for these and I'll do it tomorrow. I want to make sure I understand the term/information they've given me online. My understanding on the term/deal:…
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Financial connections on credit report
I never realised the importance of a financial connection on credit reports until I recently got rejected for a re mortgage due to a connection with my ex husband from 18 years ago! He has a bad credit rating and as he is still a connection to me on my credit report they search his credit report also when applying for a…
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paper free Halifax mortgage
Hi there I'm having new mortgage with Halifax, but no accounts or...only mortgage, having downloaded Halifax app on my mobile and I can see all details of my mortgage on the app, but for some reason won't allowing me to go paperless, (( I would like to have my yearly statements and everything on line)). Many thanks in…
