-
Atom Bank Remortgage - waiting decision
Hi - anyone used Atom bank for their remortgage. I am having a real painful time now and its all stalling. My DIP was given on the 8th Oct, valuation done and now nothing at all. Broker has not managed to get to the bottom of it either as to why they are stalling.......is this normal?
-
Overpayment overview
Hi all. I have never really been shown how to calculate mortgage rates and total debts, so relied on advice to steer me through. My mortgage has 6yrs left and my monthly payment is roughly 389 a month. However, I have been paying 400 every month to try reducing the overall debt. I thought about paying more but would be hit…
-
After
Thanks guys
-
Inheritance but lender wants confirmation it’s not a gifted deposit
Hi everyone, My partner and I have an application going through with nationwide at the moment (8 weeks and counting...) My father passed away 10 months ago and his house was sold. My mam and dad were separated but they never divorced, dad died without a will so under intestacy laws, the house went to my mam. The house has…
-
Divorce/Separation - how to extract my share.
Hi, I've separated from my wife of 21 years. Divorce will happen. We both own the family home. Mortgage was paid off years ago. I want to move out, but to do that I want to take my share of the value of the home. My 'wife' says she would like to buy out my share and retain full ownership of the house. That's fair enough.…
-
Mortgage Advisor - recommended Santander for a new build in our garden
So two year mortgage, knowing after a year we'd want to move into the new house. Half capital, half interest only to allow the maximum £s for the build. So I contact Santander asking them if we could split the deeds, move the mortgage to the new, bigger, one extra bedroom and 3 extra loos/showers etc and a garage, clearly…
-
10% deposit on exchange of contracts
Hi everyone, With regards exchanging prior to completing, I am in the middle of a 5 property chain. Do I need to use my own personal cash for the exchange? Thanks
-
Pay off early or invest first then pay off?
Is it better to pay off your mortgage early and then get a buy to let mortgage, or get a buy to let mortgage and then pay off our original mortgage? or is there no difference? also does this affect your credit score?
-
Help to Buy ISA - Timescale
My partner has a help to buy ISA and we handed our closing statement
to our solicitor 3 weeks ago however she has only claimed yesterday from the
government. We are due to complete a week today (18th November). I was wondering if she has left enough time for this to be returned
from the government? Also could I please ask…
-
Can I claim back huge interest rate charges
I have battled with my mortgage payments for years I have not dropped behind and are now very close to finishing my mortgage, I first took out a mortgage on my property for £185,000 in 2004 I put down £22,000 deposit but had to pay 10.2% interest for the first three years approx £1,625 a month ( Kensington ) I kept this up…
-
Change in credit utilisation before completion
Morning all, hoping you can help as you have so kindly done before. I'm currently in the process of buying a flat with mortgage offer etc received and planned exchange/completion date of 27th nov/11th dec. I need to purchase a new sofa and had originally planned to do this on finance, though as many have pointed out I…
-
Gifted Deposit Query
Long story short... Me and my fiancé are first time buyers. Put in an offer, accepted and have mortgage in principle with Halifax. Very long down the line now, property searches and homebuyers report all done, due to exchange this month with any luck - however, we've not been asked re source of deposit until recently by…
-
Moving from help to buy to non help to buy
Hi I’ve purchased a help to buy house at £375,000 5% my deposit £18750 20% help to buy £75,000 80% mortgate - £281,250 i want to leave this house and sell it for the original price I have lived there 3 years when I sell the property the 20% loan will be deducted from the house and paid back what I understand. so I’m left…
-
Nationwide additional borrowing
I got remortgage through nationwide 2 years back. I got that as a contractor and nationwide calculated the daily rate for my affordability But now I want to take the additional borrowing and the online form only takes salary and dividends. So I might have issues getting additional borrowing Does anybody come through this…
-
Salary multiples for mortgages
Hi guys I asked this question on the 'ask me anything' thread but it was not answered. Does anyone have info on this / are any of the other brokers able to answer: A post before mine (on the other thread) asked about 5x salary lending, the broker's answer referred to average/high salaries, and my (amended) follow up…
-
New Mortgage PaymentsMy m
Hello, is there a way for me to roughly work out what my new monthly mortgage payments would be when getting a new deal? My mortgage deal is running out next year sometime after a 5 year fix and pay X amount now, I will be getting another 5 year fix (more than likely) but i’d like to workout somehow what my new monthly…
-
Shared Ownership Mortgage
Hi - probably a quick question but cannot find a definitive answer on the previous posts. I own 75% of a property and a family member the remaining 25%, neither of us have a mortgage on our share of the property. The property is in need of renovation and thinking about a small mortgage (20% of the value of my 75%), if I…
-
Mortgage with NatWest 10 years after bankruptcy
Hi, I hope someone is able to offer some advice please? I was discharged from bankruptcy in July 2011. I am currently living with my partner in a property mortgaged in his name only. We have 2 children & have had an offer accepted on a property we are hoping to buy in joint names. My partner has equity in the current…
-
Mortgage with 2-3 year old defaults?????
Hi, can someone give me some advice on whether you think I have any chance of getting a mortgage with a number of defaulted closed accounts? Please note that all defaults are now fully paid off. I have managed to save up a good deposit and would like to buy my first home within the next 6 months.I am really scared and…
-
Mortgage Lending Disgrace - Very Unfair!
I have been waiting for a Re-Mortgage now from Natwest from what seems months and months on end. (July). It's what I thought would be a simple re-mortgage. The facts: just 37% LTV, Self-Employed £30k a year over 3 years of accounts, Excellent Experian Credit Report. My mortgage broker who is also my accountant has…
