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Leeds Building Society Mortgage - after a settled DMP
Hi all, We have just had a mortgaged declined by Nationwide as we were in a DMP, we have now settled all debts that were in the DMP and our broker has submitted an application with Leeds Builiding Society who apparently may accept settled DMPs - they also accept application for those on a DMP so I am hoping our application…
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30 year old house repossession debt
Hi all, wondering if I could get some advice please. So my husband divorced his first wife over 30 years ago. When he left he handed the house over to her but never signed any paperwork, silly I know. It appears that 5 years after divorcing she hadn’t been paying the mortgage and it was repossessed with a £20,000 shortfall…
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Applying for a mortgage with my partner who gets paid in Danish Krones
I am UK employed and get paid in GBP, my partner works offshore in Denmark and gets paid in Danish Krones which is transferred straight from his danish bank account to his english bank. We have been declined twice now once for 90% mortgage (building society) and once for 85% mortgage (Natwest). Those were our only two…
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Mortgage broker gone bust... Can I continue without?
Good evening, I was remortgaging through tenet mortgage solutions. I received my mortgage offer from Barclays and then tenet went into administration and ceased trading. My probably daft question is, can I continue with my mortgage offer without a broker? We already have a solicitor whom we have previously used.
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Mortgage application - previously self-employed, now employed - advice needed please
Hi guys, wondered if someone could help me please? I was self employed for about 18 months up until March this year. I then took a new job and am now employed. I am looking to apply for a mortgage and wondered what lenders may require from me proof of earnings wise? Will my previous self-employment be relevant? or will…
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Changing payment date reduced direct debit amount
I put my direct debit date 3 days back yesterday, resulting in a slightly lower payment. I’m now wondering if there is a day with a lowest payment, and how do I find it without making the adviser test out 31 options! In any case, I will be remortgaging soon. But my question is, is there a ‘magic’ day for direct debits?
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SAM Mortgage actions in Scotland
Does anyone know of any Scottish legal forks representing SAM claimants
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Remortgage with debts
We're due to remortgage in 2026 we have approx £40k total debts now that will reduce to approx 25k by time we remortgage. We have property worth £520k with and will remortgage for £160k it'll clear all debts. My question is how much debt really affects the remortgaging? Thanks no missed payment no ccj etc credit score at…
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Any recent West Brom Mortgage Timelines
We had AIP and full application go in yesterday, just wanted to check what timelines/scales to expect going forward? They have mentioned application review in 48 hrs from full application (underwritten in 48hrs). Is this true?? Any self employed? What documents were requested in addition? Full app to offer services times…
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Paying off Help to Buy loan
We bought a new build in March 2021 for £210k with 5% deposit and 20% HTB with 5 year fixed rate with Barclays at 1.99%. We have been comfortably paying £800 per month mortgage with occasional overpayments of £250 to £500 on an ad hoc basis. Mortgage was £157,500 and is now at £133,869 owing. HTB loan was £42k when house…
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Can I close bank accounts with mortgage lender?
I have a debit and credit card with Nationwide and want to take out a mortgage with them in a few months. I don't use the accounts so I want to close them. Does it help me to have existing accounts with them when I take out a mortgage and is it okay for me to just close the accounts?
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Re-mortgaging - is a loan better?
My fixed rate mortgage is due to end shortly. I am very fortunate to only owe about £10,000 and hope to pay this off in the next 2 years. Is a mortgage the best choice or should I take out a loan? Thank you
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Remortgaging whilst using arranged overdraft
Hi, I live alone and took my first mortgage out 4 years ago and at the time I was employed. Since then I have gone self employed and the first couple of years I wasn't making much so was relying on my overdraft, constantly. I've started to get more work and earn more, however, I'm still stuck in my overdraft, max is £900…
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Barclays mortgage, overpayment balance, what action to take?
Hi all, I have had a mortage with Barclays for a number of years, and a few years back was in the fortunate position to be able to make overpayments. Based on experience with a previous lender (and bad advice from mortgage advisor), I thought that those overpayments were going to be taken into account to reduce the capital…
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Barclays Fixed 7 year remortgage ..hoping to pay off extra money, best way to do it please, thanks
I'm wondering how best to reduce the years on the Fixed term Barclays mortgage, overpay in small amounts or 10% overpayment in 1 payment, thanks
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I'd like to buy a flat, but will a financial link with someone on DMP affect this?
Good morning, I have lived with someone in a house share for the last 15 years, we are not in a relationship, and have two joint accounts. One of these accounts is where the bills are paid. The other party is on a DMP which I found out about this year. I have no debt, no missed payments, and pay off my credit card each…
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Halifax Mortgage application (awaiting decision)
Just wondering if anyone else is waiting for a decision from Halifax and wants to join me in being impatient and apprehensive 😬😬😬😬
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Halifax Borrow More Application - Have I been approved?
We applied for some monies to do some home improvements..Online we saw the options to borrow more,however we went through our broker to do it. Current LTV was 26%, we were looking to increase it to 44%. I recieved a letter saying thee enclosed a Mortgage Illustration, a declaration form which needs tu be signed and dated…
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Issue with solicitors
Hello. We are buying a house ( shared ownership new build) and my solicitor raised these 2 en queries , however developer's solicitor says these won't be provided and we can't move from this "dead point", please advise, how important these are? Please confirm that upon completion you will either be able to supply us with…
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Is halifax not being direct
We currently have a 60k mortgage with the Halifax, property is worth just north of £210k, even though Halifax has the old value of a few years back of £150k. We are trying to borrow an extra 45k to have a loft conversion. Was told no need to have it revaluation as our LTV is OK. Our salary between the two is above 80k,…
