-
Accord Mortgage - awaiting offer
Full Application 05/06/2024 Hard Search On credit File 05/06/2024 Physical Val booked for 07/06 according to EA (Tomorrow) 85% LTV Hi All, has anyone else applied recently (via broker) and how long did it take to get a full offer? Has the fact the val been booked mean all is OK pending the val or is this an automated…
-
Getting a mortgage on a flat with (wooden) cladding advice
Hi, has anyone recently been successful at getting a mortgage approved on a flat with cladding? I had an offer accepted on a flat, Nationwide arranged the valuation survey on the 22nd April and ever since then its just been a constant back and forth between Nationwide and the Leaseholder, they're the estate agent too,…
-
Pensioner unable to claim PPI and halifax aren't helping
Hi, new person post and lots of detail so hope someone could help. My mum was unable to reclaim PPI for interest only mortgage as the broker was independent and had since died. She tried unsuccessfully via a solicitor in 2012. Halifax have had the account the entire term, it ended in 2011 and she still owed the value of…
-
Proof of deposit (another one)
Hi, I'm FTB with a very large deposit as I'm over 50 and saved my whole life, so looking at 30% LTV. Just realised I'll need proof of deposit. The funds are spread over several savings accounts. Most are held for 1 year or less as I constantly chase the best rates. I don't have statements for each account, showing deposits…
-
Cemap Uni1 Exam
Hi, I attended CeMAP Unit 1, but unfortunately, I failed Part 2: UK Financial Services and Regulation. If I register for Unit 1 next time, do I need to pass both parts again, or just the second part? Can I combine the exam results?
-
Paying off Mortgage early - Lender wants to see last 3 months bank statements in full
Hi I am in a position to pay off my mortgage early - it's less than £15k but the lender has stated that I must supply 3 x months of bank statements where the funds are coming from as it's a requirement of the Financial something or other. I have to admit that I find this very odd. I can semi-understand if the funds came…
-
Borrowing more on Halifax Mortgage
We purchased our house 14 months ago for 550k and took a mortgage with the Halifax for 144k. I have seen online the option to borrow more. We are looking to totally refurb the house internally and externally including new drive, relandscaping of gardens, windows, new roof etc. We don't have any personal debt and pay our…
-
Mortgage paid off.
Hey fellas, If anyone give me some insight in regards to what the best approach is we've just paid off our mortgage, though it's amongst three people (parents, and me). We've got no deed or anything like that I'm just worried that if something were to happen to my parents how would the house be separated, and it become…
-
Stamp Duty land Tax SDLT for a Shared Ownership property
Hello. Am i right thinking, i don't have to pay Stamp duty on my Shared ownership property ( full market value £385000 , we are buying 60% share at £231 000), we are NOT first time buyers. I am just reading I have right to choose to pay it now for the whole market value or to pay it later, when i purchase more shares?
-
Offset Mortgage Comparisons
Does anyone know of any comparison sites/tools for offset mortgages? My fixed term comes to an end next year and I'm in the lucky position of having enough savings to fully offset the mortgage balance (but would prefer not to just pay the balance off in full) but I'm really struggling to find anything that shows the…
-
Precise Mortgage Valuation Timescale
Morning all. I'm just wondering if anyone has been going through the same issue as us. We're currently waiting for Precise to sort out the valuation on a property we're trying to buy. We were told by our broker on 18/4 that our application had been given the go ahead for valuation. Our broker has been chasing for updates…
-
CIS policy
Seems there are a few on here who feel cheated by these policies. I myself had a guy come down regularly to pick up money for the policy (back in the day) and even after the financial crash kept telling me my payout for my policies would be over 60k but come the day when it matured i barely got back what i put in. Finally…
-
Remortgage with loan
Hi everyone. So myself and the wife are 3 years into our 5 year fix mortgage of our first "owned" home. Previously were renters. We had the help to buy scheme with the new home, so when it comes to remortgaging we are hoping to then pay off the help to buy scheme. Now the dilemma we have is we are early stages of 2…
-
Bringing my partner onto the mortgage
Hi all, really hoping for some advice on this! I own around 75% of my house with the remainder still being paid off with a mortgage. I have been living with my partner for a few years and she is keen to get involved with the mortgage so that her money is actually going into something for her future in the unlikely event we…
-
New mortgage deal and personal loan
Our 5 Yr fixed rate mortgage is due to end in July 2026 and we have a personal loan which is due to end in Dec 2026. We are going to start making regular overpayments on the loan this month with a view to clearing it before we need a new mortgage (we haven't financially been able to overpay before now). We are going to…
-
Mortgage at 53
I am separating from my partner and we have paid off our mortgage. I would like to buy another house with the money I make off the sale of our current house. I would get about 90,000 at current value. However, I only have a small private pension only started it 2 years ago. And my salary is 22,000 yearly. I have tried some…
-
Understanding Interest vs Capital mortgage repayment rate increase
I have had a 5 year fixed mortgage based on 25 years capital repayment projections to start with at a good old rate of 1.75% At the end of that 5 year fixed rate period capital to interest payment ratio was capital 74% interest 26% which is fantastic. Then renewed the fixed rate for 2 years this time at rate of 4.54% with…
-
Selling next year porting mortgage and getting new small mortgage.
I have a mortgage fixed until 2027 at 2.79% with £78k left. This is my house on my own, but my partner lives with me. We really want to buy a house together and sell mine in the next year or two. Since savings interest rates have been so good, we have been saving like crazy for when we decide to take the plunge and sell up…
-
Mortgage for property with separate annexe
I am looking at a house which has a separate annexe in the garden. The annexe has its own council tax rating separate to the house. I would be interested in renting out the annexe either to a long term tenant or possibly airbnb ( may be more lucrative). My question is do I need a specific type of mortgage for this? I would…
-
Help
Hi I’m After some advice having a panic. We went to a broker and explained we have a plot of land for sale £190k. With this we want to use £150k as a deposit £20k to pay off any debts , car loans,cc, and overdrafts and final £20k is for solicitors and just some left over for savings. We have no ccjs or defaults , never…
