-
Mortgage question, furlough, rent!
We are currently going through the process of moving home, my husband has just been told he is going on furlough for 1 month. Which is annoying as we are right in the middle of our application. I was thinking of perhaps putting the house back into my name only, affordability calculators (without taking into consideration…
-
Anyone any experience of consent to let with Santander?
I may move with work abroad or in the UK, but want to keep the house. They have a great 1.55% 5 year fix with £1249 fee that I am tempted with, but do not want to be in a situation where I may have be forced to sell after a year or two if I move. Thoughts? Do they charge a fee and increase the rate? Is there a fixed period…
-
Unmarried couple splitting up
My son and his girlfriend bought a house just over two years ago with a joint mortgage via Halifax Bank. Unfortunately, she is now his ex-girlfriend as she walked out nearly 6 months ago. They agreed that he would keep the house as long as he paid her £15k, however, Halifax offered him £21k less than the original mortgage…
-
Mortgage when separated
Hi all, My husband and I are considering separating. I'm worried I'm going to lose my home. How do I take over the mortgage from him? There are currently two mortgage products, both with another 3 years on the current rate (with 23 years to go overall). And what process is there to transfer the ownership to myself? I know…
-
Santander Mortgage Processing Centre
Anyone know what this is??? Mortgage has been agreed by UW but is at the Mortgage Processing centre before the offer is issued...
-
EWS1
Good news ! Those buildings without cladding will no longer need an EWS1 form to buy, sell and remortgage. Hope this helps those in the same situation as me, which my new build does not contain any cladding and just balcony only. But got cancelled because of A3 option on EWS1 form. I can't post any website link yet. But…
-
Halifax Mortgage Problems
I had a mortgage with Tesco which was moved over to Halifax not long ago. The move was seamless and I was able to log on to Halifax to view my mortgage and the mortgage direct debit payments continued as normal. Last week I received a letter from Halifax saying my account has been moved to a new system. They said that my…
-
First mortgage prisoners FREED under new affordability… - MSE News
Read the full news story: First mortgage prisoners FREED under new affordability rules after MSE campaign
-
Buying goods from CC after mortgage offer
Hi Brokers, want some advice, I now have a mortgage offer (yay), looking to buy things to kit the house out. I get air miles on my Amex and was hoping to buy things off my Amex but then instantly pay it off to then buy something other things and so forth, in essence all money in savings to buy stuff but if I buy via Amex I…
-
Completion on Friday and Virgin Media Hard search
Hi, I have exchanged on last Friday and Completion on coming Friday, I have a mortgage with Barclays, due to Covid situation and Christmas in a few weeks, I decided to go for Virgin Media for a new place as a new customer for a future date on 18 Dec. I am aware of avoiding new credit before Completion, I asked the Virgin…
-
Can we delay our mortgage application for a new build reservation?
Hi, So we reserved a new build plot...our plan was to use Vida Homeloans when it came to putting in our mortgage application (developer has said around end of dec/January) But now Vida have pulled their help to buy products. We’ve spoke to a few different brokers and all say the same thing..the only real option at the…
-
Halifax Morgage do they need to do further checks?
Hello, I am hoping to move into my new house in the next 3/4 weeks. My Morgage has been completed with Halifax- does anyone know if they will do any further checks prior to releasing the funds to my solicitors? Will they require bank statements/payslips? Or will they continue to monitor my credit file on Experian?
-
Unmarried couple - One person mortgage?
Hi all, My partner and I are looking to buy a more suitable house (in Scotland) in a range of price that right now we wouldn't be able to pay in full. My italian parents will participate to the buy by gifting me 100k, which we would like to use as deposit. However, my parents' money comes with the clause that I shouldn't…
-
HSBC Mortgage.
Hi. I’m a first time buyer I was a day from exchanging contracts when i was placed on Furlough I have informed my broker who have passed it back to HSBC. I’m currently in a queue waiting for it to be reviewed by the underwriters. I’m putting down a 10% deposit. I am returning to work on the 2nd of December and have only…
-
How to obtain SA302s if the accountant use own commercial software?
Hi all Can anyone provide some advice if you have similar experience please? Basically, my accountant is use his own commercial software to process the self assessment. The only documents i received from him is called SA100, however, this document also shows HMRC logo, UTR, NI Number, Name, Address, Tax year period and Tax…
-
Sold house due to divorce - now renting - will I be considered a first time buyer?
I've been looking at the mortgage calculators and just wondering what I would be considered as? I'm probably going to buy in spring / summer of 2021, but just looking at options now. I will likely need an 85-90% LTV mortgage :( Divorce sucks.
-
HSBC mortgage valuation - how long to expect results
Hi, HSBC has booked a mortgage valuation for this Wednesday 25th on a house we're buying. We've booked our own homebuyers survey to be done on the 3rd of December. Has anyone just gone through the process who could advise how long it took for HSBC to come back with results of their valuation? We don't want to pay for our…
-
Discharge mortgage
I had a mortgage with Santander that has recently been paid of. I have received a letter from Santander asking for solicitor details to discharge the mortgage. I have never had to do this with any other mortgage. I assume this will cost more money.
-
Maximum loan amount decreases when mentioning current mortgage even though it will stop soon.
Hi everyone, we have had an offer on our dream home accepted and are working through the AIP with the London & County automated website service. The maximum loan amount has decreased when we are asked about our current mortgage outgoings and are confused by this as we will be selling the current property before buying the…
-
Getting a loan after mortgage completion
Hi, I'm looking for a bit of advice, I have just recently taken out a mortgage with Barclays. When Barclays accepted my mortgage application they said that I needed to settle some existing commitments which totalled about £25000 within 30 days of my mortgage going live, which I have done. I now unfortunately need to buy a…
