Will it affect my mortgage?

leanne2901
leanne2901 Posts: 70 Forumite
Seventh Anniversary 10 Posts Combo Breaker
edited 16 May 2014 at 4:45PM in Mortgages & endowments
Any advice/help would be appreciated

Comments

  • ACG
    ACG Posts: 24,394 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Who is the lender?
    check their criteria online with regards to leases.

    Most say they would want there to be xx years left at the end of the mortgage. So the issue (if there is one) could potentially be resolved by you reducing the term of the mortgage.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    With all due respect it is irrelevant what your family say unless they are lending you the money.

    Which lender? How long are you taking the mortgage over?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • kingstreet
    kingstreet Posts: 39,193 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    List here;-

    http://www.cml.org.uk/cml/handbook/englandandwales/question-list/321
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Wh05apk
    Wh05apk Posts: 2,938 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    kingstreet wrote: »
    List here;-

    http://www.cml.org.uk/cml/handbook/englandandwales/question-list/321



    Nice link KS, not seen that before, very useful!
    I am a mortgage adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • leanne2901
    leanne2901 Posts: 70 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    edited 16 May 2014 at 4:45PM
    ACG wrote: »
    Who is the lender?
    check their criteria online with regards to leases.
  • leanne2901
    leanne2901 Posts: 70 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    kingstreet wrote: »
    List here;-

    http://www.cml.org.uk/cml/handbook/englandandwales/question-list/321
    Really useful! Thank you :)
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