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Metrobank mortgage - buyers slow progress
If anyone familiar with applying for mortgage with Metrobank? Since last 2 weeks our buyers have had no update of valuation date since they informed they paid the valuation fee. We are starting to grow frustrated that valuation date has not been booked.. We have tried asking if there is anyone they can escalate with at…
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Mortgage lenders for cabin crew salaries
Hi Are there any recommendations for mortgage lenders for cabin crew. That take into account sector pay and commission? Any help greatly appreciated
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Husband can’t get mortgage in principle
Hi we put our house on the market over 2 years ago. At the time my husband was accepted for a mortgage in principle (mip) that ran out as our house hadn’t sold. we haved now had an offer on our house. My husband applied for a mortgage in principle, with current lender and he wanted to borrow 150000, that would mean that…
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Friend wants to invest in my BTL, we can't work out how...
My BTL is an HMO, house value £600,000, my outstanding mortgage is £350,000. Friend has £300,000 cash to invest, ie, buy half the house (and cover half the outgoings, and receive half the rent and half of the future equity). I would love this, but my mortgage company says no to a declaration of trust, the restriction on…
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Mortgage for Older Person
We are a couple 56 and 54, can we still get a 25 year mortgage? If so does anyone know which lenders will still lend to us over this time period? PF
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Getting a mortgage with previous use of unarranged overdraft
I’ve recently gone into minus balance as an unarranged overdraft with my current account, and I can see it’s on my most recent credit report from this month. It’s something which has been cleared now, and but it has made my score go down a bit and I can see it’s on my credit report. I’m not looking to make a mortgage…
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Understanding Fixed vs. Variable Mortgage Rates: Which is Right for You?
Hi everyone, I'm in the process of choosing a mortgage, and I'm trying to weigh the pros and cons of fixed vs. variable mortgage rates. I understand that fixed rates offer more stability, while variable rates can sometimes save you money depending on market trends. For those who've been through the process, what did you…
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Remortgage conveyancing cost
Hi all. I’m remortgaging for the first time. Changing lenders and paying a lump to reduce the mortgage to £300,000. L&C (broker) recommended a conveyancer Premium Property Lawyers who are quoting ~£300. However, I’ve left it a little late (mortgage deal ends 2nd July) and im worried one of these cheap firms will take ages?…
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Paying into mortgage vs enjoying life a bit more...
We are due to re-mortgage in January, we have settled on a 2 yr fixed at 4.29% over a 6 year team. We have £76,000 left on the mortgage. This year my husband lost his (very stressful) job at 61 and has been unable to get back into the industry. He has now taken a job in a supermarket (much less money but he is much…
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Right to Acquire Mortgage
Hi, Me, my husband and our 2 kids live in a housing association property and I have done so for 7 years and he joined me about 5 years a go. My father sold a property and decided to gift us a lump sum which we didn't want to waste and decided to see if we could mortgage the property through right to acquire. We put through…
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FV-1 Inc
Hi My wife and I have our house up for sale. A search with land registry shows that we have an interim charging order against the property for a small amount with a company called FV-1. inc from 2008. This company are uncontactable. We’ve asked Land registry to remove the charge but the can’t as it was placed on the…
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Remortgage BTL, repay loan or take lump sum
Hi I’m not 100% sure under which category my question/discussion fits into. Im coming up to 55 and the plan was to take 25% lump sum from an old work pension. We are using the money to convert our VW van into a campervan. I have a BTL mortgage with loads of equity. It’s interest only which bothers me so I am going to…
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Source of Funds (long term savings)
I'm thinking of buying a property but proving source of funds seems complex. I'll give a quick explanation; Basically my current property I thought I'd stay in so I didn't keep records of when savings accounts or bonds matured after a few years or so. I'll need to prove source of income but as I'm getting on a bit & have…
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Penalised for taking maternity leave
We’ve been left in a disheartening predicament and was hoping somebody could offer some advice, loop holes or suggestions. Quite a long one so strap in! To paint the picture, I have been self employed for my parents business for 12 years with a very regular and steady income. My husband has a very well paid job and we have…
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Charges against property ( Scotland )
Hi Could someone tell me how long a charge can be registered against a property in Scotland , Does it expire totally after 12 years whether the debt has been paid off or not ? Or is it still outstanding ? Thanks
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Verifying identity to receive Payment, being unsecure
Has anybody else experienced this as i don't know what to do. I had an endowment policy mature which was with Reassure part of The Phoenix Group. I filled out the paperwork but they now want proof of who i am, asking me to send a copy of my drivers license and a copy of a bank statement. They have no digital verification…
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Vida homeloans
Hi has anyone had recent experiences with vida homeloans? We are first time buyers and the only reason we have to go with them is that i have 2 defaults from over 3 years ago (paid off 6 months ago) apart from that my partners credit is really good. Ive seen threads on here from 4 years ago but times have now changed so…
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Buy to let v interest only
Hi all, I have a buy to let mortgage on a property ATM value of the property is about 300,000 outstanding mortgage 139,000the tenant is leaving and I'm moving into the property, can I leave the buy to let mortgage in place? If not I would prefer an interest only mortgage is this possible on a house in living in? Appreciate…
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Mortgage - Business Mileage
Hi, I was wondering if anyone is able to help with the below / had a similar experience when seeking a mortgage. I am currently looking to secure a mortgage. I have a basic salary but I also receive business mileage which is paid monthly at £0.45 per mile. As part of my role requires daily travel, I regularly receive…
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Credit Reference Agency First Direct bank
Hello, can anyone confirm which Credit Reference Agency (or agencies) First Direct report to? Thanks in advance.
