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Remortgage with certificate of compliance.
Hi, first post here. Apologies if I've made a mistake 😊. We are currently remortgaging with Halifax, currently with virgin.Halifax are using their solicitors for the process but they have informed me I need a certificate of compliance from our neighbour.I have spoken with our neighbour and they are happy to sign anything…
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Drawing mortgage funds too early - Barclays
Hi everyone. I have exchanged on the sale of my house with completion set 2 weeks from now. My idiot of a buyer (and his even more idiot of a solicitor) have requested to draw mortgage funds from Barclays too early and are insisting to complete early, which I can't do. They now said they will return the funds to Barclays…
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Accord mortgage timeline
Has anybody had their mortgage approved from Accord recently? Full application was submitted on 6/11. Hard searches carried out on the 7th and valuation and homebuyers report already carried out! I'm getting a bit nervous now!
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Lease extension
Hello all. Good afternoon. Please does anybody know how to calculate the premium to pay for lease extension on a flat. The ground rent is Zero. Thanks
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CC or loan, which has a worse affect on Mottgage?
Hi all, Am new here... finally have reached an age where I now know how important money matters are. So quick background. Mortgage on current home, have about 90k remaining over 20 years. Looking to move to bigger property and therefore remortgage. Currently have 5.5k in CC which am paying off pretty quickly so no issues…
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Accord/L&C - unable to find credit account
Hi We are currently in an application as FTB with accord via L&C. We have been asked twice now to verify our address as Accoed cannot find my partners credit file. We have gone onto eperian and found a credit file but they state they cannot find anything. We have also provided a previous address as well. My partner doesn't…
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SA302 not needed? but requested any way?
Hi, My wife and i are first time buyers and have our DIP. We are in the process of getting the underwriters to send our full mortgage offer through. However they are asking now for my wife's SA302. She has never filled a Self assessment tax return in as she has never needed to. She pays all tax PAYE. The complication is…
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HSBC - Application to offer in 24 hours
Evening all, Thought I'd post this here in case anybody else was looking for a lender who (seem to be) turning applications around very quickly at the minute. After much 'umming and erring' about lenders/products, applied online through HSBC yesterday at midday (no assistance application - had done plenty of research…
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Professional Indemnity Insurance advice
Hi, can anyone provide details of a decent site to get a quote for Professional Indemnity Insurance to assist our house sale Many thanks in advance ☺️
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Cancelled mid-application - broker didn't respond.
Hi all, I applied through a broker for a 90% Shared Ownership 2 year fixed mortgage with Leeds Building Society *just* before the first lockdown. For various reasons (MHCLG's January 2020 Advice Note, surveyors not being able to survey in person, Leeds changing their policy on EWS1), a crucial EWS1 survey was delayed until…
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What happens after signing the mortgage deed?
Can anyone please let me know what happens after receiving the mortgage offer? We received the offer from Barclays, we signed the mortgage deed and sent it to our solicitor. But its been one week, no exchange of contract happened. The solicitor is telling that they are waiting for approval from the lender. I don't…
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House Move gifted money: Purchase deposit vs pay off existing mortgage
Hi all, just after some viewpoints on the below as might be missing something, over thinking it etc. Selling flat (offer accepted past few days) , buying a house (looking as we speak, expect to make offer next 2 weeks). Fairly large gifted deposit being used for the purchase alongside my own savings / equity. Gift…
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FTC vs day rate contract - is one better than the other for mortgage purposes?
I am an IT consultant, so far I have worked as a day rate contractor. I am about to receive a contract offer and I am given the possibility to either do the contract as a day rate contract or as a FTC (fixed term contract). I'm just wondering if one work engagement is better than the other for mortgage purposes? I mean,…
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How do I find a broker for a buy to let?
I didn’t use a broker with my home so I don’t know how to find a broker or if I need a specific buy-to-let one. I have a low income. 19k base income 20k including overtime. My current property is 69% ltv of the original price I paid and I have 20% plus fees saved for a £180-190k buy-to-let. No credit card debt or loans and…
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Second time buyers, moving for schooling - stretch ourselves or be conservative?
I won't bore you with the life story but 3 years ago a surprise pregnancy meant my now wife and I needed to stop living the highlife and get a house real quick. With no savings to speak of we managed to scrimp together (as well as a small family loan now paid back) £10k deposit for a lovely little £100k family home in a…
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Help to buy remortgage
Hi guys, I was wondering if any first time buyers who used the help to buy equity loan have remortgaged/renewed their deal at the end of their fixed rate and have not paid back the equity loan yet? Our fixed rate is due to end in Feb 2021 and we’re looking to renew our deal rather than pay the equity loan off at this…
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Mortgage and 2nd lockdown
I am having a huge panic! We exchanged contracts yesterday after waiting 6 months and move set for next Wednesday, however I’m self employed and can’t go back til 3rd December, I have been reading up that mortgages can be withdrawn up until completion due to a change in finances, I didn’t think a month off was an issue as…
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First time buyer on low income. Help.
Hello everyone. As the title suggests, I just need some advice:- I appreciate that we are in very difficult times. I split up with my long term girlfriend seven months ago, stayed at a friends house and ended up renting in a strangers house just before lockdown as it was the only thing available. Last month, we got back…
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British expat – difficulty getting mortgage with only 5% deposit
Hi, I am a British expat, who is having difficulty getting a mortgage with only 5% deposit. I have contacted several mortgage brokers, but due to COVID-19, lenders have tightened up on low-deposit mortgages, plus I am unable to show 2- or 3- years UK address. This has meant that I am unable to get a mortgage on a resale…
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Mortgage offer received
Hello I've never posted before but been lurking in the shadows for a while. Just wanted to recommend haras the broker who posts on here regularly. Its only taken 7 working days with her expertise from application to offer. We had one request for a p60 and that's it as she gained all into required beforehand. Was so sure we…
