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How soon can I borrow more with Nationwide?
I have recently taken further borrowing for a bit of debt consolidation however now thinking we may want to upgrade our kitchen. How long do we have to wait before we can reapply?
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Excel spreadsheet
I cannot download Locoblades spreadsheet. Where can I get a spreadsheet or even how best to make one myself? Cheers
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Bad credit
Hello, I am in the process of buying a new house. I want my future wife to be on the mortgage or deeds but she has bad credit and no bank will accept her even though I can well afford the repayments myself and she has £100,000 in her bank which she can contribute. They won't accept a certificate of trust either. How can I…
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Pepper money mortgage
HELP!!!! We took out a pepper money mortgage 2 years fixed rate but it ran out last year just as the mortgage hike hit , we are now in debt as we couldn’t afford the extra £500 each month, we buried our heads I admit up to Christmas & I am now trying to sort it , I paid an extra £150 Jan & plucked up the courage to speak…
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Document requests - Bluestone
Have an AIP with Bluestone Mortgages - just wondering what documents they normally request if submitting a full application?
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Financial redress
:Hi. In 2000 I got divorced and as part of the proceedings, my name was removed from a joint mortgage and transferred solely to my ex wife's name. On the transfer document from the mortgage provider, there was a special condition that I would not be released from my covenant with the provider. I understood this as if my ex…
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Santander Mortgage Application Help
Hi Looking for some clarity with the stages of our Santander mortgage application as it has seems to followed a different course to other experiences read on here recently Timeline: Feb 21 Our Application was submitted with all initial requested documents. Feb 23 Valuation Instructed Feb 28 Valuation Completed Feb 29…
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Mortgage Application Timing
Hi all, my partner and I will be needing to get a build mortgage for building a property, which we hope will start in the next few months but given the council's slowness, we don't actually know when It will be our only property and mortgage. We have planning permission but don't know how long it will take for council to…
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Mortgage Retention Scotland
Hi all, Just looking for some advice on how mortgage retention works. We have seen a property which is currently valued on home report as £165k and is on market for offers over £165k. We have received the home report which values the property at £165k but will be valued at 177k on completion of essential repairs (Damp…
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Final Mortgage Payment £6k above normal amount? Any Idea why?
So I'm looking to remortgage and the illustration shows the fixed rate price, followed by the price based on the lenders current SVR and then one final payment at the SVR rate but it's like £6k more than the normal SVR payment.....anyone have any idea why? I know sometimes there's like a closing the account fee etc but £6k…
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Buying Parent's home
Hi all, I'm 51 and for health reasons have missed the boat on home ownership. I receive disabilty benefits, a war pension and army pension, and have found a broker who will help me get a mortgage. Here is my question: My parents have the house they have moved out of, up for sale at 185k. They have an offer of 175k but have…
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Retired and downsizing. Mortgage to cover period between purchase and sale?
Just bouncing some ideas around. My wife and I (62, 57) are retired and mortgage free. Our current property has been on the market for a few months - selling is proving to be slow but I'm confident will eventually happen. We've found somewhere we want to buy but it is a competitive situation. To secure the property we need…
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Short term employment contract and getting a mortgage?
My son and his partner are looking to get their first mortgage at some point in the next year. He is on a permanent contract but the girlfriend's current contract is for 9 months (ends in Sept) and then it's likely she will get another temporary contract for around 9-12 months. How will this affect what mortgages they can…
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Broker worth the cost for age 55+ ?
Last time I bought a home using a mortgage was 1999, and brokers weren't typically used then. I'll be age 57 soon, will have maybe £230k equity, looking for 15 year loan but unlikely to fix for more than 2 years, and expecting no one would lend me more than £80k (salary is £42k & I have dependents). Don't want to retire…
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End of Mortgage problem.
My mortgage has come to an end and I have no foreseeable way of paying it off [for various reasons] short of selling the house. Which I am willing to do, my mortgage is about £26,000 on a house worth approx £300,000. If/when I sell the house, I might have to move to another area where house prices are cheaper. Problem is I…
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Revised Santander mortgage rates
Thought I'd flag up the new Santander rates, and see if anyone had any input to my thought process. I'm currently on BOE+0.4% lifetime tracker, paying 5.65% (£2169/month) with Santander I have about 55% LTV and can therefore get the following products: 2yr fixed at 4.35%. £1000 fee. Good rate, and in 2 years could probably…
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Barclays turnaround time?
Hi all, Just in the process of buying a house with my partner and in that anxious wait period for mortgage offer with Barclays. We went through a broker I've used before so happy with that. Just wondering as to turnaround times with Barclays at the moment? I don't know why it's making me so nervous we have a £500k deposit…
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Mortgage Prisoner
I have received a letter from 'Financial Claims Office' which appears to be 'a trading style of Drummonds Ltd....Regulated in respect of claims management activities' (from the small print at the bottom of the letter) They have the details of my Northern Rock mortgage, which was transferred to Virgin Money when NR went…
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Going interest only
This is for my Daughter, her partner has unilaterally decided he wants out of family life. They only bought their house 3 years ago. The house will have to be sold, neither can afford the mortgage alone ( which would need increasing to buy the other’s equity) as it’s £1300 a month without an extra £40-50k on top. I’d say…
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Professional Mortgages
Hi, Has anyone had experience in receiving/applying for a mortgage specifically aimed at professionals, e.g. Chartered accounts, engineers etc. I have a few questions if so; * Who are the lenders offering these products? * What do the income multipliers go up to? * Are affordability calculations the same, is future…
