Getting away from Interest Only
Hi All, after a bit of advice. Bought house about 8 years ago for £133,000. Price hasn't change much since. Mortgage is interest only with NRAM(formally Northern Rock). I really want to start actually...
View ArticleFees for remortgaging
My fixed rate with Nationwide is coming to an end towards the end of the year (end of Oct) and because its an old mortgage I would be moved onto their BMR. However we would like to make some home...
View ArticleEnvironmental Search..?!?
Hi all, We are currently undergoing conveyancing on a flat and received the following communication from our solicitor: I have some paperwork in on the purchase and this shows that XXX originally...
View Articlebuying a second property after remortgaging
Do you think this could work? I have a one bed flat and would like to remortgage and take some money out (value after renovation is up about 25%). I will keep the same LTV and take out the excess cash....
View ArticleMortgage in principle - Go without partner?
Hello Myself and my partner are ready to buy (she has been offered a job which she will accept) We have seen a few houses we want to view. Nationwide do not have any weekend appointments for 3 weeks....
View ArticleHave lost job - impact on mortgage
Ive recently lost my job and have a mortgage with Nram (previously northern rock). I agreed a payment holiday with them for June and July last month before this happened as I was in hospital and lost...
View ArticleVery quick basic mortgage question
Hi there, just joined the forum so hello! To be short and sweet i'm really confused about this whole mortgage thing, i may be looking to buy and from what i can see it is just glorified renting with a...
View ArticleMortgage arrears charges with GE Money
A year ago, my husband had to stop work due to a terminal cancer diagnosis. So I did all the things I had to do, informed everyone, and applied through DWP for financial assistance, a task which is...
View ArticleFirst Mortgage Payment
Hi guys I just wanted to ask a quick question, i've had search about first mortgage payments before, but i wanted to see if i could get a definitive answer. I'm in the early stages of the housing...
View ArticleMortgage split with 2 rates - overpayments to lower rate loan
Hi - I have a colleague who has a mortgage which is made up of two loans, as he was eligible for a discounted rate but only up to a certain limit. From his perspective he has one mortgage and a single...
View ArticleLet to Buy
We currently have £28,000 left to pay on our existing mortgage. The property was purchased for £52,000 and is now worth around £120,000. We are looking to buy a new home around the £250,000 mark and...
View ArticleStrange Mortgage situation, please help!
Hi there, my dad told me about the fantastic help to buy scheme and I've decided to try and get a mortgage. I tried with one of the lenders, halifax, and it was reffered. They said I needed a 15%...
View ArticleFriend putting up money for our new house
Hello. We're currently in talks with my partners boss/friend who is potentially going to put up the money to secure our new house (£145000) as we need time to sell our current property. We...
View Articlelet to buy advice please
I see there is another thread similar ot this and the advice is to go see an IFA which i am doing next week but am interested in view's of others, particularly anyone who has done this. our current...
View ArticleSurveyor's mortgage valuation lower than surveyor's market valuation
Hi there, long time reader of the forum, first time poster, looking for advice. My partner and I have recently had an offer accepted on a house for 310,000. We had a mortgage approved and chose to have...
View ArticleOccupiers Consent Form
Good Afternoon! I'm just trying to get a little understanding on a form I've been asked to sign, an Occupiers Consent Form. I understand this is in place to protect the lender from me laying claim to...
View ArticleMortgage plus cash ??
Hello I have been to the Halifax this morning and they have offered me a maximum mortgage of 73 k on my earnings . I have a 50 k deposit so making total £123k . However the house I am interested in is...
View Articleon base rate want to borrow extra
When I separated from ex the nationwide would not give me the full amount to cover my mortgage (£6,000 short) my dad gave me the £6,000 to give the nationwide. A few years later my wages have increased...
View ArticleBuying a rental property abroad ?
Hi, Any advice on buying a rental property in either southern Spain or France ? Is it best to buy in a main city or a coastal area ? Has anyone used such rentals as a form of income ? I would be using...
View ArticleStupid question ?
Can anyone explain why buyers cannot get new mortgage at the base rate ? Why do we have to enter into a termed contract that is higher than the variable base rate with penalties if repaid early ? My...
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