BTL for parents
Hi all, i'm weighing up some options and after a little advice. I'll be buying my first house at the start of next year and am buying well within my means. It enables me to save a considerable amount...
View ArticleShould I declare this before exchange?
Hi all, just wanting some advice regarding mortgage offer and house purchase. Mortgage approved for 80K, 20% Deposit, 2x income multiple, single application. During the legal process, I was asked for...
View ArticleHow do lender takes into account BTL mortgage when applying for residential...
I am thinking of moving house at some point. The idea is to change my current house to a BTL mortgage and get another residential mortgage on the new place I will be moving to. My question will be that...
View ArticlePhotocopies or originals?
The documents that the broker/mortgage lenders request, such as payslips/p60/bank statements ect, is it ok to give them photocopies or would it be better to send them the originals? Would they be...
View ArticleDifference between?
Does anyone know what the difference is between the true balance of a mortgage and the redemption figure? I'm a little confused. Thanks
View ArticlePay off student OD with deposit savings?
Saving for a mortgage with my OH, currently have about 5000 in my ISA, but I know I am coming into some money in August. Question is whether I should pay off my interest free student overdraft now with...
View ArticleYet another help to buy question!
I've been researching whether house builders are allowed to offer incentives if you're using the help to buy scheme so if they claim they can't as some other posters have stated i'll have an idea...
View ArticleTwo Potential Mortgages, Need to Decide!
We are currently considering two potential mortgages and just wondered what people thought of these and how could I calculate the two offers and see which is the best one. Both are for 80% LTV HSBC,...
View ArticleEndowment Query
My wife and I took out an endowment policy when we took out a mortgage 24 years ago. Due to a change of circumstances we sold the house some years ago and began renting, we never got round to...
View ArticleIs new job and moving house always a mortgage problem or just my lender?
This is my first post here so I hope I don't inadvertently break any rules. I'm a bit shocked at the response of my current mortgage lender and a friend has suggested I ask around this forum for...
View ArticleOffers on Repossessions
I'm currently in the process of trying to buy a repossessed property. Our estate agent told us that if our offer was accepted, it would be published in the local newspaper and anyone wanting to pay a...
View ArticleWoolwich Re-mortgage Question
I applied for a re-mortgage for equity release with our current lender the Woolwich on the 22nd April after a succesful DIP. (I went direct not via a broker). I am separating from my husband and buying...
View ArticleMortgage company charging ground rent arrears
Just had a letter from mortgage lender saying they have added a large amount to my mortgage account as I owe some ground rent arrears. I knew nothing about this, and was not informed by the lender they...
View ArticleRemortgaging Query - Deposit
Just in the process of getting our first mortgage at the moment (you may have seen other threads:o). I've got a query concerning remortgaging after the fixed period. How is the deposit raised when all...
View ArticleBuy to Let, with dependants as tennants
Looking for some advice. Do I need a buy to let mortgauge on a house I have a residential mortgauge on already, if Im renting it to my ex with my child living there as a dependant? Im not looking to...
View Articlecashing in unit trusts
got £100,000 in a unit trust fund that has done brilliantly in the last 10 months, should i cash it in to a building society account or let it ride, its two thirds of the value of my endowment mortgage...
View Article2 Mortgage Options
I have a quote from Lloyds TSB for a new mortgage when I move house. My 150K mortgage will be approx, 79K @ 1.73% (a tracker 1.23% above BoE) 71K @ 5.19%, fixed for 5 years. Total = £630 per month But...
View ArticleCan I sell a £250000.00 house to my son for £25000.00 with a gift aid
I am not sure that I understand what the gift aid means, my son's bank are willing to give him a mortgage for this amount including this gift aid. Any information would be helpful. Thank you
View ArticleMortgage Deposit or Property Equity?
My parents have offered to help us with the deposit for buying a house. We currently have a house and a mortgage. Does it matter if the money they give us is in a bank account or is used to pay off...
View ArticleMortgage Interest rate doubles
We have just been told by our mortgage company,Santander, that in a couple of months they are doubling our mortgage rate from 2.74 to 4.9, this means our payments go from £680 which is a struggle at...
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