-
Recent West Brom applications
Hello, Our mortgage broker has sent our full application off to West Brom following an AIP. Our broker has been great but the control freak in me is really struggling not having access to my own portal... * Hard credit search completed 08/04 * Direct debit mandate, signed gifted deposit form and recent cc statements to…
-
Please help - gambling and a mortgage
I want to preface this by saying please don’t judge me, I’ve made a mistake, and I’m looking to rectify what I can. My partner and I have been renting for the last 3 years, and we’ve finally got a deposit saved for a flat. Last month my best friend passed away very suddenly and unexpectedly, and I, for gods knows what…
-
BTL, 2 yr mortgage deal ending, trying to sell house - options, help!
Hi all, I've tried for a year to sell my HMO to fellow landlords with no luck (other than stupid low offers), so now going to sell to 'real' people, should open up to a potentially bigger group of buyers - so I've turned the 2 downstairs bedrooms back into a lounge and a dining room, make it look like a house, not a…
-
Mortgage company giving inconsistent detail re: term length/capital borrowed
I'm confused at the moment. The Mortgage Works, who I have a current mortgage with (and have had for some years) has been emailing me regularly about my deal coming to an end soon (accurate) and to click through find out about changing to another deal. I checked the link was legitimate, and was faced with a range of…
-
Fixed mortgage ending soon
Hi guys just after some help please. My current 5 year fixed mortgage deal is coming to an end and would like to fix again for 5 years as I like the peace of mind it brings. House value is currently £325,000 Currently owe £140,000 Term I want is 23 years. I have found the following deals 4.19% fixed with no fee 3.99% fixed…
-
Not Proceeding with Mortgage Offer
Hi, Looking some advice. Me and my ex partner recently withdrew an offer for a house purchase due to personal circumstances. We had a mortgage offer approved etc at this stage. We have since broken up also. Contracts were not exchanged also. What happens to that mortgage offer now? Can it be changed from a joint…
-
Mortgage Application Process
Hi all, i am currently in my mortgage application process with Santander. Submitted application on Thursday 10th April, hard check was performed once it was submitted. Then on Friday i saw it is Underwriting in progress. Another hard check was done today. I phoned Santander for an update and they said “The underwriting…
-
Lloyds Private Banking
I'm currently in the process of remortgaging to a 1-year fixed-rate interest-only mortgage with Halifax. I think interest-only mortgages are the future for me and I don't know why I initially opted for repayment when buying my current home.Looking to future remortgages, how can I give myself the best chance of having…
-
HELP- LISA
Hello everyone, my partner and I are seeking some advice regarding our Lifetime ISA (LISA) funds. We initially opened these accounts to save for a mortgage. However, we've recently been told that we can get some land gifted by my father on which we plan to build our first home. We are now exploring options for accessing…
-
Mortgage Application concerns
Hi everyone, This is my first time using this forum so bear with me if my thread is in the wrong place. So, my partner and I are buying our first house together, the place we have in mind is £185,000, we are using £18,500 as a deposit from the sale of the current property that my partner owns to cover this. My salary is…
-
Remortgage problems
Hi All, Currently 3 years into a 1.2% fixed 5 year mortgage deal and very happy about this. I want to extend and convert loft so need to borrow more. Mortgage broker says that current lender wont take the risk as i own a joint investment property (50%) and it didnt turn a profit last financial year. It didnt turn a profit…
-
Recommend a Mortgage Broker - Kings Lynn/Downham Market/Ely Area Please
Good afternoon everyone. Does anyone have a recent and positive experience of using a mortgage broker in these areas please?
-
How have you/do you become disciplined to overpay your mortgage?
My term is currently 30 years, age 40, want to pay if off by 55. Balance 187k. I like the flexibility of having a long term, but I just seem to only pay off small amount less than 100 every couple of months. Do I bite the bullet and just reduce the term, or do i set up an extra DD with HSBC. What do you lot do?
-
Downsizing home to help purchase workplace
Hello, I'm in a position to
buy my workplace (a freehold, stand alone repair-workshop), which
I'd like to do but I need to borrow around £45k to do so. I've also realised I want to move into a smaller, cheaper home and I'm hoping
to use this to help purchase my workplace but I'm struggling to
get my head around it. In…
-
Will it be possible to buy ....
we ( wife and myself ) want to buy our first hous but i dont know if we will be accepted by lenders . We have a deposit aroud the £150 k mark ( will increase monthtly) and are intrested in properties in the region of £425-£450 k . Both are on desent salaries and make a combined £ 163 k per year . I think that a lender will…
-
Guarantor mortgage on property
Does anyone know if you can get a mortgage with a flat you own outright yourself as the guarantor. I am renting myself but owned flat has been rented for years. I want a mortgage for myself have a good deposit and a salary but dont earn enough to get amount needed is this an option? As putting a mortgage on the flat would…
-
Portfolio mortgages
Just looking for any advice on portfolio mortgages, as I know nothing about them. I own a few low value BTL properties and like the idea of having one loan secured over the whole portfolio, rather than several separate loans. Two reasons I find them appealing. 1). I could pay off the mortgage on my main dwelling. 2). I…
-
Mortgage Lenders who will lend under the provision of debts being paid off after completion
Exactly as the title says really are there any mortgage lenders who would lend under the proviso that credit card debts would be paid off in full, with the proceeds of our sale so effectively we will sell out current home, make some profit, pay off current debts that can’t be paid in full without selling the home, then buy…
-
HSBC mortgage application
Hello, we have been waiting for our buyers revised mortgage offer from HSBC for 5 weeks now. Is it usually taking this long if anyone knows. The service level says 14 w/d for application amendment forms but it’s been pass this timeframe. Our estate agent doesn’t seem to be concerned and they keep getting told that it will…
-
How bad / negative re remortgaging is paying a settlement offer?
Hi. Summary: Brother has an automatic settlement offer from Capquest, 20% discount. He is tempted to pay it but has to remortgage later this year as his 5 year fix comes to an end. However, they state that this will go down as a 'satisfied with a partial settlement flag'....will this be a negative when it comes to how his…
