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Accord mortgages full application
Hi all my broker has submitted a full application today with accord. I have some missed payments on my credit file which were disclosed at AIP stage, however they weren’t showing on any CRA report but TransUnion. Now they are showing on Experian too. I was wondering which CRAs accord use for the hard search? I had a soft…
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Precise Mortgages - how long from application to offer?
Hi all, I've searched for answers to this, but can't find anything recent. If anyone has dealt with Precise recently, I'd appreciate any insight into your timelines? Thanks in advance
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Deshaling and does it effect mortgages?
Hi, I'm looking at buying a property which has been deshaled. Which is new to me,not being from that area. Any of you extremely knowledgeable people know, if it will effect the mortgage ? What documents will they require ? And in future, will it effect the selling of.. Oh,...many thank.👍👍
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Negative equity on an interest only variable rate (due to end soon) plus seperated… help…
My finances are a mess and I just don’t know where to turn to. The property was bought with no deposit (new build) in 2007, we struggled to get a mortgage as my partner at the time had ccjs. We got an interest only variable rate with the view to sell and remortgage after 2 years and move up the ladder but this didn’t…
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Transferring collection of private mortgage payments to a 3rd party to collect
We currently have lent a family member the money to purchase a property. The mortgage agreement has been drawn up with a solicitor. Rather that handle the payments ourselves is there any way we can ask a 3rd party collection service to collect the monthly payments on our behalf? Any advice or help greatly appreciated.
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Mortgage Declined twice
I’m new to MSE hoping someone can help Im separating from my husband and want to buy a house . I’m not on the mortgage so will be a FTB. I earn a good salary and have a good credit history. My mortgage advisor has tried twice and it’s getting declined. The reason saying adverse bureau data My credit card is paid on time,…
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Should my mum use her savings to pay off mortgage?
Hi all and hope someone can help. Thought I’d ask here first for any pointers or perhaps someone has already experienced what I’m about to ask. My elderly mum (93year old) is looking at paying off her existing mortgage and has me to look into it. She has 7 years left on it but has decided now that she’d like to pay it off…
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Calculating ERC
I have a mortgage with Nationwide. Full 25-year period expires November 2034. Current deal is a 5-year fix from Feb 2024 - January 2029 at 3.99%. (Balance at start of fix was about £20300). Current balance is about £13K as a result of lots of overpayments. Currently overpaying £150 a month, working on the basis of…
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Which income will a mortgage lender accept
Hi all, my partner is starting a new job in July, its very well paid but his pay isn't straight forward. He will receive additional payments in addition to his basic pay and my understanding is that lenders do not always accept this. We have a mortgage already, shared ownership. In 5 years we have only paid off £12,000 -…
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Remortgage
So I checked how much I would be to remortgage and I’d only save £12 pounds. I don’t remortgage for 3 years but why has interest rates fallen so much but the rate remains 4.26%? I done the value of my house currently rather than what I paid for it.
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IVA/CCJ/Defaults mortgage
Hello, I’m looking for advice as I have recently cleared my IVA (includes CCJ) and I have been looking at shared ownership properties. I have been told by all the finance companies I have contacted that I have to wait till it’s been cleared for 3-6 years. There must be something out there I can look into. I’m not in a…
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Need advise for Mortgage to help a Parent Move.
Hi, This is a slight reversal on the bank of Mum and Dad. My Mother is looking to move much more locally to me. She has seen a place she really likes but doesn't have quite enough to buy it and to do work needed on it. Iam happy to get a mortgage (sub £100k) against my property, which i own outright , to then give to her…
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Change of borrower
2 years ago I purchased a home and for affordability my son was on the mortgage and also the deeds. My son has decided to move out and get his own place. I have met the affordability and can now have the mortgage in my own name ( I made overpayments). I am staying with the same lender and have the same rate for another 3…
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Board payment as addditional income
I am trying to get a mortgage in principle for the property I am presently living in. My landlord wants to sell. Can i use my sons £300 a month board payment as additional payment for my income, its shown on my bank statement every month. To help me get more money on mortgage. Thanks in advance for any help
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Old Abbey National Mortgage Account (now with Santander)
Has anybody successfully managed to deal with Santander regarding an old Abbey National mortgage from 1969, that was paid off late80s/early 90s, but would appear Abbey National did not issue a vacating receipt? We are unable to register the house with land reg as there is a legal charge, and this is holding up the house…
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Santander
Hello everyone, I’m currently facing a frustrating situation with my mortgage application at Santander. I applied on May 2nd and was initially offered £213,400. After providing additional documents due to a pay increase, I was told the maximum offer would be £310,300. However, I’ve recently received another update stating…
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Remortgage, worst case?
Good evening, I am currently on a tracker mortgage, my fixed rate finished at the start of the year, but didn’t increase much so left it be until now. I want to put a conservatory on the house, so looking to remortgage and add the cost of the conservatory style built onto the house at around £8000. My worry is, my wages…
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Where to store remortgage extra money for home improvements?
Hello, I am currently remortgaging and borrowing extra money to do some home improvement works. The works will take months to happen and to pay in invoices so for a while I will have alot of money to store. (Well alot to me!) Do I put it in a savings account? Premium Bonds? ISA? Current account? I have a savings account…
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Removing one person from Help To Buy HTB mortgage and property
Hello MSE Forum, I hope to be able to find some guidance here as it seems to be a tricky subject. My now estranged husband and I purchased a flat using a HTB mortgage. We've agreed he shall be removed as owner from the property and be removed from the mortgage, too, because all the capital for the downpayment was my own…
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RBS One account changing to use their app
Hi all, currently got a One account that is switching to using RBS for app and online banking access. I’ve registered and logged in but can only see the mortgage balance and transactions to the main account - not of the additional pots are visible or usable. Is anyone else going through the change and seen what I must have…
