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Anti-fraud restriction. I need a conveyancer to witness my mortgage deed signature in London.
Hello I'm in the process of remortgaging and I have an anti-fraud restriction on my title. I need a conveyancer to witness my mortgage deed signature and produce a certificate for the bank's solicitors. If you are in London and had to go through this, who did you use and how much did it cost? I'd rather go direct to…
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Santander demanding Employee ID and account numbers
I applied for a mortgage with Santander. Sent them a wageslip but greyed out my Employee ID - that's none of their business. All they need to see is I'm employed and that the salary figure I stated is accurate. Also sent them a savings account statement for proof of funds, showing that it coincided with the sale of my…
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Interest only mortgage - elderly parents
Hi. Mum & Dad moved 'north' a little while ago and an exploring moving back down 'south'. Unfortunately, they need about £70k. Suprisingly, despite approaching their 80s, they can get a £40k mortgage over 10 years. They are, therefore, £30k short. We are not really in a position to help them. They are against equity…
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RIO mortgage
Posted on another thread and some suggested a RIO mortgage broker may be able to advise..... Hi. Mum & Dad moved 'north' a little while ago and an exploring moving back down 'south'. Unfortunately, they need about £70k. Suprisingly, despite approaching their 80s, they can get a £40k mortgage over 10 years. They are,…
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Advice needed on getting a mortgage with adverse credit.
Hi please can I get some advice on what to do next? I have put in the right to buy on my property and now I have my valuation back I have contacted a mortgage adviser but they can not offer me a mortgage as I have adverse credit on my credit report. Is it impossible to get a mortgage with adverse credit?
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Staff Loans
Hi. Just wondering if anyone knows how staff loans are considered when looking to remortgage. Every year I take advantage of the interest free staff loan through work. I currently pay back £291 which is due to finish in January. My next one has overlapped and first payment starts in November until Oct 25. I have just put…
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Want to be Mortgage free
Mortgage has 10 year 11months to run. Just fixed for 5 years at 3.99%Plan is to over pay and be mortgage clear in 5 years. Mortgage is £760.00 / month over payment of £650.00. I’m only allowed to make overpayments of 10% each year, does this mean my overpayments will need to be reduced accordingly as the mortgage capital…
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Helping my elderly neighbour with an equity release
Hey all My neighbour is in his late 70s. He is a freeholder/leaseholder (i.e., he is the shareholder of the company that owns the freehold of the block, and has a 900+ year lease on the individual flat). He has no outstanding loans against the flat. The flat is worth around £450,000. He has a state pension of around…
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Moving to SVR due to pending sale
My house is on the market, I am planning to move and buy a new place. I have had a couple of offers but am holding out for a better one. My fixed rate ends this month, I am not planning to buy a new product to avoid the complexity of porting and having two mortgages. This means I will switch to a SVR of 8.5%. I can put…
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Voluntary surrender and terminal illness
Hi, I realise that no-one here can give legal advice. I am looking for people's experiences and opinions. My 90 year old Dad is in serious negative equity on his property and has just moved to a nursing home with terminal cancer, estimate 3 months to live. The lease is under 70 years and the property has damp issues. It is…
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Mortgage Application- issue with rent account statement
I was previously entitled to Universal Credit and they paid my rent directly in arrears. Since may i was no longer eligible and have paid myself however my mortgage application is has been declined by Kensington because of this solely. Its states on the Gov website it is paid in arrears so i have asked my broker to go back…
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Separated with ex, want to understand eligibility for what I paid into the house
Hi there, I need your advice on the money I can reclaim from a property I am no longer paying towards the mortgage of. Here are the facts: * I got a mortgage on a property with my (then) partner, as a family home for us and our two children, * We paid it off as aggressively as we could - we wanted to be mortgage free ASAP…
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Mortgage for half house
Hi Please can you help. My brother and I inherited my mother's home in equal shares. My son and his.partner want to buy my brother's share c£190k, by way of mortgage. I will still own the other half. Can they get a mortgage in their names only without me being party to that mortgage. I am retired and do not want to be…
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Applying for a mortgage with debt - where do we stand?
Hi all Myself and my partner currently live in a property with an approximate value of £405,000. We are 2.5 years into a 5 year fixed term and have £206,000 left on our mortgage. We're looking to move, however between us we have around £55,000 worth of debt (made up of loans, credit cards and overdrafts). We have £199,000…
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Maintenance loan and Mortgage
I’m currently a part time student who is looking to apply for a mortgage next year. I work during the week as my uni classes are at the weekend. I’m in the process of applying for my student finance for next year (academic year starting in January) and was wondering if active maintenance loan payments coming in would…
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Switch rate cancellation is not reverted by Barclays
Hi, I applied for a new rate in my mortgage on 11/10/24. Mortgage rate was ending on 30/11/2024. On 21/10/24 I was about to exchange the sale of my property and I requested a cancellation not to incur early repayment charges. The buyer pulled out last minute on 4/11/2024 and that was neither my fault nor under my control.…
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Mortgage reserve
So we’re in a bit of a mess and hoping someone can advise us. We have a mortgage reserve with Barclays at an eye watering 8.4% We owe £35000 on it and are currently paying £300 per month towards it £250 is the interest. Our mortgage term currently stands at 4yrs 10 month. We are not on target for it be paid off. In 58…
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Credit Utilisation vs Debt-to-Income
Hi all, I’m wondering if anyone can help me. I will be applying for a mortgage within the next couple of months and will have £9000 of credit card debt (69% utilisation), which does not look good, however: - My partner and I’s joint income versus debt repayments gives us a conservative DTI ratio of 33% - My debts only…
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BTL Mortgage
I have a BTL Mortgage which runs out at the end of March 2025, where the tenant are leaving the house in the middle of January 2025. Plus I want to change the Mortgage so that it is a standard fixed one from April 2025 so that I can live back in the property Can I move back into the house after the tenants have moved out…
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Can I buy part of my parents house?
Hi all, just looking for some general advice. Recently discovered my parents are quite badly in debt - £100k+ Mum is 70 and severely disabled, she’s got £70k+ credit card debt. Dad nearly 80 and still technically a sole trader running a family business but my bro is actually running it for him but not making a penny,…
