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Ready, willing and able
I have selected an agent, very happy with them until I have read the contract. I queried the above clause which I wasn't happy with. They have said that a "ready, willing and able" buyer is one that has a mortgage offer, had the survey done and solicitor has completed works. I am worried if I receive an offer but cannot…
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Shared ownership help
Hi, Can anyone recommend a shared ownership broker, and any advice on which lenders are offering shared ownership mortgages would be great. We fell in love with a shared ownership property, and was pushed through the developers recommended brokers, we went through the details on the phone and apparently got a AIP on Monday…
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Loan to value
Hi all , looking at potentially buying a property ,I’m a company director ( limited ) - what is roughly the maximum I could potentially borrow , joint income 65 k ( 45 myself , 20 wife ) thanks in anticipation
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First mortgage payment?
Hi all we are due to be completing on our house very soon. On our mortgage offer from Halifax it states the regular monthly payments (£1933) but also states one payment of £3200 which I’m assuming is our first mortgage payment. I’ve got myself confused as to how they have come up with this figure as from what I’ve read it…
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Advice please adverse credit mortgage chances?!
Hi all. I’m aware there are sooooo many of these questions posed on here but would so grateful for some insight and hopefully a bit of reassurance about my individual situation. My boyfriend and I have a DIP from Santander. We had an offer accepted on our dream house 8 days ago and our mortgage application (to Santander)…
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5% deposit mortgages in 2021?
I’m planning to buy my first house this year and I am currently in the process of saving for my deposit. I’ll easily have 5% of the house price saved by late summer, but how realistic is it that mortgage brokers will be offering the 5% deposits this year? When do you think they’ll return?
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Tranferring deeds from joint to sole name
Hi I have paid off my mortgae and had my deeds returned to me last month. I took out the mortgage with my sister but she was only invested in name only. I now need to remove her name from the deeds and put them in my sole name. I called my solicitor who handled my conveyancing but they said they're not interested in taking…
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Taylor wimpey mortgage
Hello, I’m currently in the process of buying a taylor wimpey house. I had my DIP from Taylor wimpey s designated mortgage advisor and the company. I don’t have the best credit rating but gave them all information and provided all the paperwork. They agreed with the figures and offered me an amount. The mortgage company…
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Declined Halifax Mortgage / Help to Buy checks
Halifax have declined my mortgage application because during their searches, they found that two years ago I dissolved a company which had an outstanding HMRC amount. I'm worried all high street lenders will take the same view? Its kinda going against me personally as bankruptcy / insolvency. Also, does the Help to Buy…
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Chancel Repair Liability
Hi everyone, I am in need of some guidance in regards to Chancel repair liability. I am FTB and local searches have revealed the property is in an area which continues to attract chancel repair liability. Can anyone advise what is that ? Can this be a stumbling block of us exchanging and doing completion before 31st of…
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Changing Loan before Mortgage App
Hi All, My partner and I are looking to buy a new build which will be ready end of the year (so mortgage application won’t be starting until around May/June time). We collectively earn £86k plus discretionary bonuses of £9,000 between us each year. We are looking to buy for £620k and have £250k equity in our current place…
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Status if I move back home
Hi all, sorry for what’s probably a daft question! I’m coming to the end of my fixed term on my mortgage, and looking at selling and moving elsewhere. I have some horrible neighbours - dog fouling in the green, throwing rubbish and bread in the communal courtyard and attracting vermin, etc. The factor won’t do anything…
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Paying off mortgage, final steps?
Hi there, for the last 8 years we've been overpaying on our mortgage at the 10% maximum permitted on our current deal. In two months the deal comes to an end and we will be auto-transferred onto our providers standard variable rate deal. We are fortunate enough to have saved up enough to pay off the outstanding mortgage…
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5 year fixed implications
Hi guys, Just coming off a 2 year fixed with Nationwide 1.59%. Looking switching products with them to either the 2 year fixed 1.09% or a 5 year fixed at 1.24%. This isn't a "should I fix for 2 or 5" "what will the rates do" question it is more about the implications if we wanted to move if I go for the 5 year fix which I…
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Barclays with a default
Hello everyone. I am wondering if anyone has any advice or has been in a similar situation. I have a default for £2000 registered in July 2018. It was satisfied Feb 2020. I am looking to apply for a mortgage towards the end of spring. April/May/June. I have a DIP with Barclays. I will be using HTB (20%) and putting my own…
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Agreed overdraft and mortgage application
I appreciate that there are other factors, but wondering if anyone can put my mind at ease? I am applying for a mortgage next week, we are using the help to buy scheme, so will need to borrow 85% off lender. I’ve never been great with saving or money and my partner has saved the majority of the deposit. my last three bank…
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Nationwide consent to let
Hello all, Due to the pandemic I cannot commute to work in the Netherland. So if I don't want to loose my job I need to at least temporary live over there. Does anyone have any recent experience getting a consent to let from Nationwide? I've used the search function and there were a few topics but all of them were from…
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2 year = 5 year
I have come to the end of my fixed term deal and am looking to switch. My current lenders are offering me the same rate for both 2 year and 5 year fixed at 1.49% with no fee (the £999 fee option split over the term ends up more expensive even with better rate of 1.09%). I would normally jump for the 5 year given the low…
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Please help! Mortgage with outstanding debt
Good evening everyone Anyone know if this is a possibility? Joint income approx 65k. 10k in credit card debts (my name). Was even more but I've paid of alot and never missed a payment. One dependant and zero child care costs (yay!) Looking to buy for 350k Currently have about £140k equity. Would be looking to put at least…
