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Bluestone Mortgages Approval
Hi, we had a full application submitted on the 11th June with bluestone and wondered if anyone knew what the current turnaround times for them are at the moment? They said we would have an update within a week but all they asked for were another months bank statements. Their website says they are working at 13 day…
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Remortgage from Whistletree - unsecured loan
In the next few months, I am looking to remortgage with a new lender and leave Whistletree (ex NRAM mortgage). I currently have the mortgage and unsecured linked loan with Whistletree. When applying for a new mortgage, do I lump them together for the amount I wish to remortgage - as I class it as one payment now and would…
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Shared Ownership - second home
Hello, can i ask for advice on my case. I am already on shared ownership scheme alone and own 35% of the property I got 2 years ago. Again instead of doing the logical thing and buying additional shares I would like to buy a second property, since getting it I have a higher salary and since the pandemic I want to move out…
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West Brom Mortgage Timeline
We are currently going through our mortgage application with West Brom and was wondering if anyone else were in the same situation ?
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How do different lenders treat non GBP earnings?
Good afternoon, Wondering if there are any brokers out there that could give me an insight into how different lenders may treat my situation. From January I took a new role with my company running part of the business in the USA & Canada. As I split my time between the USA and UK I have a deal where I am paid each month a…
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Ex council properties
People often say the risk of buying an ex council property is the cost of renovation works passed onto leaseholders but isn’t this true of any leasehold flat?
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Using htb equity loan london wisely
Is the key to using help to buy London wisely staying within a budget where you’re fairly confident you can pay off the entire help to buy loan within 5 years either through remortgaging or a lump sum?
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Re-mortgage - mortgage charge on title deeds
I'm in the process of re-mortgaging. Everything approved until the mortgage company's conveyancer tells me my solicitor hadn't registered the charge on the title deeds. I emailed my solicitor and notice she has now applied (I only know this as I got an alert from the registry). Does anyone know how long this will take and…
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Declined an AIP by every lender
Hello everyone , I’m a first time buyer and me and my partner have just been declined an AIP by every bank , because apparently we don’t have enough internal credit points . We are both 20 , I am a full time gas engineer on £45000 a year and she is a self employed beautician that normally earns £20000 a year but because we…
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Free standard legal fees or £500 cashback?
Hi, Does anyone know if there's an average price for standard legal fees when remortgaging please? Same house, no name change, no extra borrowing. I'm just wondering which one it's best to take? Thanks.
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Mortgage application and new job
Have posted this in the house buying section but was told I'd get more advice here. 2 weeks ago i reserved a house with my girlfriend, however the very next day found out where I work are making people redundant, rumours are all all but 5 will be laid off. Question I have is will getting a new job ruin the mortgage…
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Payday loans - joint application
Hi all, I'm planning with my partner to apply for a mortgage in 2023 but the problem is that I had a few payday loans - the last one paid in 2019. Never missed payment. My partner has a very good credit report with an excellent credit score - do you think that my payday loans will have a negative impact?
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Barclays consent to let - conditions
These are possibly stupid questions, and I've looked in here but can't find the answer. We have a 5-year fixed mortgage with Barclays which ends in October 2022, ie next year. We are moving abroad at the end of this year, and want to obtain consent to let. (We are not selling immediately, just yet in case we have second…
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Newly CeMAP qualified and ‘deed of guarantee’
Hello, I have just passd my CeMAP and I have decided to become self employed by joining a network where they will train me and I pay a monthly fee. They have sent me a contract and a ‘deed of guarantee’ to sign. I want to ask if it is this normal to sign a ‘deed of guarantee’ when joining networks as self employed? Can…
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Advice for my retired parents
Hi I'm after some advice on behalf of my parents on different options (if any) available to help them with their mortgage situation. They have a house that they still have a mortgage on. They have around £140k left on a house worth £220,000. They had an endowment mortgage which was supposed to cover their remaining…
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Moving money
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Joint bank account for joint mortgage?
Do you need to have a joint bank account for a joint mortgage? Or can one person pay from their own bank account for a joint mortgage?
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Buying 2nd house to live in - get mortgage or sell 1st house
Hiya, Hoping someone might have been in a similar situation before and could advise. My fiancee owns his current house mortgage free in Leicester. However, he's been living with me and my parents since lockdown started last year. Long term we would like to settle in Worcester, another complication being I'm currently at…
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Buying schemes
Am I right in thinking that with buying schemes like help to buy and shared ownership you’re always gambling more based on the market conditions and your own circumstances? Compared to a normal mortgage. I’m coming to the conclusion that if resales are affordable, it is better financially as it is less risk. The main…
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Can I borrow a bit more and change from interest only to part repayment?
hi, I currently have a £237,000 interest only mortgage. I would like to borrow another £20,000 as repayment, and also have a part of the original loan converted to repayment. For example £237,000 currently borrowed as interest only. Change to maybe £150,000 interest only and the remainder repayment. With the additional…
