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Halifax remortgage
I have a fixed rate of 1.88% for 2 years which is coming to an end at the end of January. I had a mortgage previously which cost less after letting it go onto base rate. Does anyone know if this would be the case at the moment since interest rates are supposed to be at an all time low? Finding it difficult to find the info…
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Natwest mortgage
Hi all First time buyer here. Just wondering if anyone can help. We are currently going through a mortgage advisor on a right to buy property, we have had a mortgage in principal and had rhe full application sent through. I was just wondering if anyone could tell me what natwests process is like please as we had a phone…
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Telecoms CCJ - adverse credit
Hi, Can you recommend any mortgage companies that ignore telecoms CCJ? I found Bluestone but are there any others? Thanks
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Will paying off mortgage affect credit score?
I am close to paying off my mortgage, which is a Nationwide interest-only one. I have just £550 to go. But I've been told that some people keep their mortgage at a low level because it's better for their credit score. Is this correct? Should I keep this small amount on it? I'm paying only 98p per month now in interest. I…
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Yet another credit score/ mortgage question sorry
Hi All, So over Christmas we got new broadband, a data contract and bought a phone on finance which we paid off immediately (to take advantage of an offer). This has hit my credit score by -210... wow. However I accept these were our choices. Fast forward and we decided to buy a new house. Saturday I spoke to our existing…
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Platform offer
Middle of November we had and AIP with Platform. Over a week ago they asked a couple of questions which I was told the underwriter does nothing serious just a name on an account and child benefit. question is does anybody know how long they take to give you an offer or refusal? It’s getting rather stressful waiting! many…
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Mortgage with missed payments
Evening all, we have made a reservation on a new build. We have £30k deposit on £407k help you buy cap! I have had 3 missed payments last year which last one was in August. Both accounts have since been settled. Has anyone got a mortgage recently with missed payments with 6months of application, if yes who was your lender…
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Joint mortgage account with ex and voluntary repossession
Hi all, I’d be very grateful to get any advice on my situation. I’ve got a joint mortgage with my ex-husband. For the last
10 years he had the sole occupancy (well, at some point he cohabited with his
gf) of the former matrimonial house and paid the mortgage. We couldn’t come to
an agreement about the house because he…
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Can I give my Son or Daughter a personal interest only loan to help them buy a property
My circumstances are such that I'm taking early retirement and will get a Tax free lump sum. Can I use this to give my adult children a pseudo family interest only Mortgage/Loan so that they can afford to buy a property? I cannot afford to give them the amount as a gift but am looking at this as a way to help them out and…
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90% return for adverse!?
I know 1 lender which has returned with 90% and a few have 85% LTV. Any one know or think the others will follow with 10%? Seen quite a few before lockdown last year having a 10% deposit option.
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I have a interest only mortgage Can a bank open a repayment account without my instruction
Hi I closed my repayment mortgage in writing and asked the bank to convert the mortgage to interest mortgage, I received written confirmation that the repayment mortgage was closed and converted to interest-only also giving me the next 3 payment for interest mortgage. The following month the bank opened a repayment…
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Mortgage paid off/completed/closed. What documents do I need to make sure I have?
Hi Guys As the title suggests I have just completed my mortgage for my home (Yay). What documents do I need to make sure I have for the future please? I suspect: Closing statement from mortgage lender. Copy of title deeds - Held by solicitor? Anything else I might need? Thanks in advance.
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BTL to residential mortgage
Hi, I would be really grateful for any advice please. I have a BTL property that has had tenants in for past 6 years. My relationship has broken down and I am moving back into the property temporarily whilst I look for another home near my parents, who are getting on. I am not sure how to move things forward as I will have…
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Changes in credit between offer and completion
Hi all - since my house buying process is taking much longer than expected - i had to re-finance my car last month so i'm wondering if this would bother the bank. Situation is that i had finance with Mercedes for £38K at £522 a month and that ended (and actually closed the account) - but we took out a new finance with Audi…
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Bank Statements for Proof of Funds
Having terrible trouble with solicitor over proof of funds. We are gifted some from 2 accounts and I am moving money from several places to a HSBC account before sending to my partner who is then sending to solicitor. Providing 6 months of history is time consuming but not a problem. However - how do I show a bank…
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sub accounts
Hi I have 3 parts to my mortgage two parts are eligible to switch the third is in june should i switch now or wait till june for more choice and plumping it all together Amanda
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Mortgage
Hi i bought a new house 3 yrs ago and I was advice to take a 5yr deal I have been making overpayments, and have 2 yrs left on my current mortgage deal, I have a 4k erc to pay to get out off this deal, I have looked at other deals and for 26 pounds more a month I can get 4 yrs knocked off my term, which is a big saving,…
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Being Gifted Mortgage Equity in Trust
I’m going through a horrible relationship breakdown & am struggling to afford to stay locally as it’s an expensive area. My ex’s father has offered to gift me around 25K in equity, to be held in trust for his grandchildren. My ex has form for controlling behaviour and I’m suspicious of his motives. I would prefer a clean…
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What better for securing a mortgage being debt free or having a good deposit
My current financial situation is I have approx 15k outstanding on personal loans and around 10k of credit cards between me and my wife. Because of this our credit isn't great (it's not bad it's just we have a fairly high debt to income ratio). We recently came into some money 50k and area looking at buying our first…
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Mortgage approved but have no found a new house!
Hi All, as the title suggests, we had our mortgage approved before Xmas with additional borrowing for renovation works... Over Xmas we got cold feet and started looking again. Had an offer accepted on another house on Friday and we are now waiting for mortgage advisor to call me to update the details. We will now be…
