Help to Buy Mortgages

kingstreet

Senior_Paper_Monitor wrote: »

Most bankruptcy dates are counted from discharge - unlike defaults which are generally from default date.


Added - I'm off to talk to my Halifax BDM to get chapter and verse for our notes - thanks Mr Kingstrreet

The email in question was issued on 19 September 2013 at 3.18.

If you want a copy to retain, PM me your email address and I'll send you one over.

Black_Eyeliner

Does the email mention anything about the six years being from date of bankruptcy or discharge? Sorry to keep going on about it!

Senior_Paper_Monitor

The Halifax BDM has just confirmed to me that the important/relevant date is commencement of bankruptcy (has also made a date to come and take us through their MMR changes - deep joy !!)




PS Thanks for the offer Kingstreet but she has just sent me some 'reading material'

Black_Eyeliner

That's reassuring for me, although I'll not be able to relax till I've got the keys in my hand!

exoteric

Gordon_Hose wrote: »

We got a HTB MG mortgage and we were in the bank for 3 hours answering questions about whether we wanted more children, whether we are planning to get married, how we would pay for these things etc. This was with Natwest.

It's quite in-depth.

Wow - did you go through a broker or direct? Presumably if you went through a broker you wouldn't do an interview like this with a lender?

Gordon_Hose

We went direct. I've not heard of anyone's experience going via a broker. Not sure what the point of using a broker is when going for HTB MG, the rates are fairly standard and there's only a few banks offering it, so it's not hard to find the cheapest rate etc.

exoteric

Gordon_Hose wrote: »

We went direct. I've not heard of anyone's experience going via a broker. Not sure what the point of using a broker is when going for HTB MG, the rates are fairly standard and there's only a few banks offering it, so it's not hard to find the cheapest rate etc.

Hopefully one of the brokers on here can enlighten us - I'm hoping to apply for a mortgage later this year and would rather not have a three hour interrogation from a lender!

Black_Eyeliner

I'm seeing my broker/adviser on Wednesday to do a full HTB Halifax mortgage application. I'll report back, but I really hope the appointment doesn't last three hours!

kingstreet

Takes us about forty minutes, as we've done the bulk of the work before we see the client.

A HTB - MG application takes no more time than any other. Lenders appointments are taking longer as they are getting used to giving advice in preparation for MMR on 26/4 rather than the current policy which is to stick three quotes in front of you and tell you to pick one...

exoteric

kingstreet wrote: »

Takes us about forty minutes, as we've done the bulk of the work before we see the client.

A HTB - MG application takes no more time than any other. Lenders appointments are taking longer as they are getting used to giving advice in preparation for MMR on 26/4 rather than the current policy which is to stick three quotes in front of you and tell you to pick one...

Thanks kingstreet, helpful as always.