Mortgages & Endowments

A question about : Remortgage to release funds for deposit?

We are considering the possibility of remortgaging our current house as a buy to let with a bigger mortgage and using the released cash as a deposit for a new house.

Is this advisable? Would a lender allow us to live in our house for a month after remortgaging while we look for a second house?

The plan would be to use a letting agent and for the income to cover the cost of the mortgage. The only financial pitfall I can see is if we had a period without tenants then we'd be paying two mortgages.

A question about : Age limits to taking on a new mortgage?

Hi everyone! I need to get some information about the chances of getting another mortgage at my age (I'll be 47 this summer). I'm divorced and single, live alone, work full-time, with one child at university, but I'm living in a huge 4 bed place that's draining me financially so I would love to downsize.

A question about : How to keep my mortgage

House is about to go on the market and we have found another one to buy, however is won't be built until late this year. We were intending on getting out of the chain and renting in the meantime. My question is, will I be able to still port the mortgage, despite the gap from selling my home and moving into the new one?

Thanks

A question about : Mortgage with Unsatisfied Default?

Hi all,

So last Tuesday I went to a mortgage advisor and looked at the possibility of getting a mortgage with an unsatisfied default that is just under 5 years old. It is for Ј1400 with Natwest bank for an overdraft that was recalled while I was a very poor student. I am unaware who the debt is with now or who to pay and have no heard anything about it for around 2 years now.

A question about : Woolwich Mortgage Application Process

We applied for a Woolwich mortgage a week ago through our broker.

The valuation took place yesterday - but we have still heard nothing from the underwriters? We were still sending off some documents yesterday and the survey was being done.

Is this a weird way round to do things or is it just me?

Any advice and an idea of timescales would be greatly appreciated!

A question about : Self employment and mortgages.

Hi people, I have a query.

A question about : Is it possible to have a mortage valuation by 3rd party?

hello,

Curiosity has got me..

Is it possible to have a mortgage valuation by a 3rd party RICS qualified professional which the bank would execept as to opoosed the banks own mortgage valuation?

Reason i ask is i have been looking at TSB home buyers + mortage valuation which is around Ј300 more expensive in my case compared to other lenders

A question about : Buying a new build

There are 2nd phase of houses being built towards the end of this year near where i live. I want to be prepared so i can reserve a house if i like one. I want to be in a strong position to buy a house.

I have a house to sell which i know would need to be on the market, i would be using HTB and getting a new mortgage.

What are the steps i need to take to be ready?