Q:I'm sat here feeling very relieved to be completely honest!
I'm sure you won't remember but we were due to complete on the purchase of a house last month but a week before exchange our mortgage company changed our offer from 80% LTV to 60%. We declined, completed on our sale and are now renting with our deposit stashed away.
This is the house we were going to buy for ￡149K: http://www.rightmove.co.uk/viewdetails-21708368.rsp?pa_n=2&tr_t=buy
Q:What's the opinion on to go for it or not?
I'm just buying a 1930's terraced house, it does not appear that anything has been done to the house in the last 78 years (apart from a team of people smoking 40 a day in it)
I'm quite a keen DIYer myself and have looked over it myself and can see some minor issues that will need attention for which I've dropped the price by 15K already, Obviously the mortgage company are sending a surveyor round for the basic valuation s
Q:Hi There
Im in the process of buying a house from a guy that has a repo order against him.
I looked at the house in May and everything has gone through smoothly, i am just waiting for the money from my ex-partner (he is buying out my share of our current property) and then i can exchange.
I am really being hassled by the estate agent to get this money through, the estate agent is saying that the vendors mortgage company could take the house back at any time
Q:hi all
the story behind this is i sold a building last year and the property sale took 9.5 months to complete due to the buyers solicitor sitting on the case and not doing her job right. not sending back questions from the buyers mortgage company on time or sending the wrong information the were asking for.
the date came for exchanging contracts and we did and his sol asked for 8 weeks until we completed the sale (we agreed) the day for completion came but the didnt c
Q:Hi all,
We bought our flat a year ago near Epsom, Surrey.
My relationship with my OH of 9 years had deteriorated and there is talk of having a 'break'. Owning the flat makes it complicated and its not a great time to sell. I dont really want to sell it anyway to be honest.
I have the idea of renting it out for a while. What implications would this have with the mortgage company? Do we tell them…how does it work?
We paid a 5% deposit a
Q:Ok….signed contracts yesterday, supposed to complete tomorrow.
The mortgage company have said they won't release the money until a tree at the house has been looked at and approved.
The estate agents have said we have to pay ￡200 for the tree surgeon to look at it and report back with a two day turn around…..errmm…..why was this not brought up during the survey and why has the owner not sorted it out?
Surely it isn't up to us to pay for this t
Q:We've just remortgaged and it all went well – phew! But we've just had a letter from the solicitor to say that they've had a letter from our management company (we're leasehold in a two flat house), to say that they want ￡35+VAT from us for 'receipt the Notice of Mortgage', basically for changing the details on a computer to show that we're now with a different mortgage company.
That's on top of the ￡350 a year service charge (for preparing the annual accou
Q:Hi,
We managed to sell our house and got a good price for it. The are several reasons for selling: it's too small for our growing family, in an expensive area, we are in debt and have lots of equity.
So… we get a good offer, accept, have our offer accepted and then just yesterday we find out that our mortgage company won't do an 80% mortgage, but are offering only 60%. It's a very long story, but basically has taken about 10 weeks to get this reply from
Q:We have recently pulled out of a purchase for several reasons. We were doubtful from the very start and so held back on signing the contract sent by the solicitors who our estate agents work with. The mortgage company did send them the valuation report and they told us they had received this. However, we had already informed them that we hadn't yet returned their contract because we wanted to ascertain a few things about the property before going ahead and incurring costs unnecessarily.
Q:My husband has just offered 5k below original agreed price for a house in london.We had originally wanted to buy for around 500k . Since then the mortgage company want an extra 5% and he got scared off by the estate agent saying there are other buyers out there who will snap it up so said 5k instead of what should have been 15k off!.We will now have to borrow from family for the most part but dont want to do this.I want to bring it down to 480k which i dont think is unreasonable.The house is