Put an offer in

Nick85

omnasia wrote: »

You should choose a solicitor but don't necessarily pay for anything yet. HSBC are notoriously difficult to get a mortgage with. Try to get a recommendation from someone who has used a solicitor recently and don't go for a cheap online conveyancer imo.

They have given me a mortgage in princible and my credit check was excellent when I checked it recently. So hopefully no problems. I am going to see them Saturday and go from there.

It is happening a lot quicker than we expected. Hopefully all good news.:)

Nick85

monty-doggy wrote: »

Before you put all your eggs in one basket as it were I'd see an independent whole of market broker, at 90% LTV you need to make sure you get the best rate possible as its much higher with a small deposit.

Hope it all works out for you

Every time I check HSBC always looks the best option and a lad at work says he had no problems with them.

Thanks. Me too.

NBOATER

Found hsbc mortgage service very good. Am using Langleys solicitors and that side of it going very well mind you my Ltv was 22%.

Have tracker with basic valuation included

kingstreet

Nick85 wrote: »

Well, I have a mortgage in principal with them. I don't know if it is classed as a new build, I do not thinks so.

They have just rang me and said the lady wants 73,500 so we offered 73,000 on the ea advise. I said to my girlfriend that they probably accepted our first offer but the estate agents are getting everything they can out of us because we are first time buyers.

An AIP confirms your credit worthiness, it is not linked to a particular property. That comes at full application stage.

The reason I ask about it being classed as a newbuild is this is what many lenders do. I can't say if HSBC does because I am not permitted to introduce business to them.

This is Halifax criteria on the issue;-

An initial occupancy/new build property is classed as any property being occupied and/or sold for the first time on the open market in its current state. These will fall into one of the following categories:

Newly built property.

Refurbished property i.e. refurbishment of an existing residential property, typically a re-furbished property will be considered as initial occupancy where the vendor is a builder/developer and the property has been vacated to allow for the refurbishment to be undertaken.

Newly converted property i.e. conversion of an existing non residential property, e.g. an existing mill converted into flats.

I would check before you commit to any expenditure on fees.

Nick85

kingstreet wrote: »

An AIP confirms your credit worthiness, it is not linked to a particular property. That comes at full application stage.

The reason I ask about it being classed as a newbuild is this is what many lenders do. I can't say if HSBC does because I am not permitted to introduce business to them.

This is Halifax criteria on the issue;-


I would check before you commit to any expenditure on fees.

Thanks for letting me know.

How much of a difference in fees would it make in your opinion?

Had a bit of a problem earlier as my mum went to see the house just to be nosey really and the next door neighbour started talking to my mum saying that the house isn't structually safe. We then rang the estate agents asking if there is anything we should know.

Turns out the bloke has been doing it to every one who has visited and they have all the documents to prove it has been pinned and everything else.

Looks like it'll be fun IF we get it.

neneromanova

If that's the case I'd get a survey done on the house! That way they will see if there is anything wrong/could go wrong with it.