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Mortgage qualification prior to making an offer
I know this question has been asked before but not sure if Covid may have changed things recently. My wife and I are looking to move home. Due to previous bad credit we used a mortgage advisor who has secured us a decision in principle with Kensington. We have a buyer on our house and are just waiting to find a…
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Newcastle Building Society Bad credit
Hi I've been spending the past few weeks scrawling these forums looking for someone who had circumstances similar to ours that have gone with Newcastle Building Society but have had no luck. Can't seem to find any experiences on Newcastle Building Society mortgages at all! So me and my partner are first time buyers and…
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Minimum Mortgage amounts
Originally posted this on Mortgage Free Wanabee forum but no ones answered. Hoping for some advice from here. I expect at the end of January to have enough money in various savings and car value to leave around 7k left on my mortgage (if all savings used to pay this off). The exact amount owing at the moment is about 99k,…
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High street banks who accept mortgage applications with 3 year old default
Hi everyone, This is my first thread so I hope I have everything in order. Grateful for any advice if not. I have a default registered against me for a credit card I had with RBS back in October 2017. The amount was £1700 and I went in to a payment plan and the balance has been settled since May 2020. My partner has a…
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*Sample Mortgage contract*
Hi, Does any one know what terms and conditions should be included in a mortgage contract /agreement for a property in England ? Many thanks
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Transfer of Equity between friends / how long does it take / any recommendations for solicitors?
Hi all, I currently own a house with a friend, who is now buying me out as I'm going to be buying a house with my girlfriend. We've agreed on a value, my friend has the new mortgage agreement in principal, and now need to appoint a solicitor to sort out the transfer of equity, remove me from the deeds etc. Question 1 - do…
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Getting Two Mortgage Offers
Hi all We have a mortgage offer from Barclay's that expires before our expected completion date. Apparently as our new completion date approaches, I can apply to Barclays for an extension. This can only be done within 30 days of the expiry however. An alternative approach would be to apply for a second mortgage with a…
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AIB Mortgages
Why is AIB even listed in the table of offers. It is impossible to get through to them - phones have recorded messages telling you to call other numbers, those numbers go to voicemail, and messages and emails are not answered. Such a frustrating waste of time which I could do without when moving house :-(
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Is it a good sign if the lender has sent the valuation report to conveyancer?
Hi Virgin Money have sent the valuation report to our solicitor. We haven't got our mortgage offer yet so just wondering if this is a good sign of an offer coming?
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Mortgage revaluation during building extension
We are building a two storey side and rear extension on our house. We have already put plenty of our own savings into it and have the shell built with all windows, doors, roof, guttering and facia done. We are at a point now where we will have to now save to complete the rest of it, taking it on a room by room basis which…
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Re-located, now want to buy first home
We recently moved back to Northern Ireland from England, aiming to buy our first house ASAP. I have just started a new job, at an increased salary than before, but my Fiancé, a Nursery/Primary Teacher, has had to leave her permanent job for the move. We have a deposit saved of around £30,000 and will want to buy a home in…
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taking partner of joint mortgage
Hi , currently going through a separation and looking at the best way to take over the mortgage. I had a house previous so the money in the house is mine but it is in a joint mortgage. I rang my mortgage provider and to take my ex partner off I would have to reapply and meet the eligibility. They could only lend me £150k…
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Mortgage gone back to pre-offer?
Hi, we are due to complete on Friday and today I spoke with Halifax about payment dates who then told me my offer (6th November 2020) has gone back to pre-offer!!! After much passing around from one team to the next I was eventually told that it is a glitch on the system which ‘kicks the offer off’ and it will be back on…
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Aldermore mortgage and lodger
Hi. Anyone here has a personal mortgage with Aldermore and know whats their policy regarding the lodger?
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Remortgage and fixed rates
Hi we are coming to the end of the fixed rate period on our mortgage. I am currently on maternity leave but will be going back to work in April (fixed rate ends in june). I was previously working full time but am dropping to 3 days. My husband currently works as an employee but is looking at going self employed (with same…
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Capitalising mortgage overpayment
Hi there.. I am overpaying my mortgage by £200 each month and at the end of the fixed term there is some overpayment amount saved. What have I done on previous product transfers is I have asked my lender to capitalise my overpayment - so it is taken off completely. There is no specific reason for it - I just like the idea…
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Stay on Nationwide BMR (from pre 2009) ?
Hi, when I moved house 8 years ago I took over my Nationwide mortgage which was/is on the old Nationwide BMR and took out a new fixed rate for the increase to fund the new house.. So I have 2 different mortgages with 2 different interest rates. The 5 year fix expires in March 2022 on 1.89% and the other one is just…
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Approved mortgage address/freehold error fix
Hello! We have been approved for a mortgage by HSBC and our solicitor has noted two mistakes on our application. The wrong county was used on our new address, and the application also states that the home is freehold, when it is actually leasehold (very common in NI). Our solicitor faxed a document to request an amendment…
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Porting a existing mortgage
Good evening, I’m asking for a good friend. They have a house valued, at around 229K. They are wanting to move to a bigger house to upscale, how does mortgage porting work? they are going to be borrowing more from the bank as a result of the move. They are looking to buy around 390K to 440K. Any advice is greatly…
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Mortgage that includes £££ for an extension/reno
Hi everyone. Hoping for some advice. Has anyone ever gotten a mortgage that includes budget for a Reno/extension? Hoping to borrow £150k plus an additional 50/60k for work to the house. Any thoughts appreciated.
