Im trying to look into getting a mortgage, going to see a mortgage adviser at some point but just want to put the question out. I currently rent a two bed flat but i am looking to buy with a long term mortgage (30ys+), but our household income is currently only around £17,000 per yr if not less.
Thanks Been looking at newbuilds - £153,000
(Want to the advantages that come with newbuilds + in the perfect place)

Quick House Sale

If people paid a flat rate then the ratio of tax paid would be fair to all. The more you make —- it would still result in more taxes . Plus, many people cannot even itemize unless they have a high mortgage or other high payments.

It also would save many people the cost of even filing for a refund. If your employer withheld 10 percent during the year and that all the taxes required —- there would be no expense on the part of a government agency or the taxpayer to file a tax return. What do you think ???

Passive Income

I’ve just split up with a partner and need to get a place of my own, i was renting before and never got round to saving any money. I found a new build apartment with a 10% vendor gifted deposit, but i’m finding it really difficult to get a mortgage for the other 90% without putting any funds in myself. Does anyone know of any who will do 90% mortgages on a new build flat with a vendor gifted deposit?

Sell and Rent Back

I have been working for myself since Feb, and have been doing quite well for myself. I want to move in with my girlfriend at Easter, where we will both sell our flats, and buy a house together. However, when I got my last mortgage, I had pay slips to proove what I was earning, now I don’t have anything official as basically, I pay myself a monthly wage out of my business account, which I do online. Is anyone out there self employed - what did you do to proove your earnings?

Quick House Sale

My daughter is buying her first flat and money will be tight,what kind of mortgage would suit a first time buyer and why? All answers gratefully received.
With Thanks

Sell and Rent Back

I am a first-time buyer looking for a flat in Surrey.
If I decide to rent it out straight away, would I need to get a buy-to-let mortgage?
If I live in the flat for a while and then decide to rent it out do I need to change my ’standard’ mortgage to a buy-to-let?
How much rent should I be charging in order to cover the mortgage plus insurance/service charges etc?

Passive Income

in July 2005 i bought my 3 bedroom flat for 48,575. with an additional loan of 3500 on top of mortgage. total of 52000.
I have been on a fixed rate of 5.99% since then and that is due to end on 1st sept 08.
I have noticed that my last mortgage statement says my balance is 53000, how can this be?
i am with northern rock, and have taken 3 payment holidays 9 months apart since having the motgage. do you think thats anything to do with it?
not really clued up bout mortgages at all! i had a financial advisor that did all the work for me when i was applying so any info will be useful xxx
i pay 303.75 a month at the moment, its due to increase on 1st sept 08. it is a together mortgage i have, not interest only. xx
dr death. i didnt take 3 holidays in 9 months. i took the 9 months apart form the start of my mortgage. maybe you should read questions carefully before answering them. and my reason for taking the holidays is because my ex moved out 2 years ago and left me paying everything, i have a 10 year old son so the payment holidays came in uselful.

Sell House Quick

Is there any Eastate Agents for first time buyers that you do not have to put a deposit down.

Rent Back

we don’t have a factor, and don’t pay anything extra for the upkeep of the building, all the other owners of the flats and myself look after it ourselves. Does this mean that it is freehold? I wonder if it may be that all flats are leasehold ( I really amn’t sure but I don’t see how you can own the land that a flat is on as surely it must be shared with everyone that owns a flat in the tenement??). so assuming it is leasehold, how do I find out who owns it and how many years there are on it?
the reason for the question is I then want to know if I can convert the attic and who I need to ask to do that. help!

Quick House Sale

strating right now. have it go down, or flat and never go up in value ever again?

real estate has cycles. i believe in 5-20 years from now, in the long term real estate WILL go up and the next boom will be bigger then the boom in the early 2000’s. history shows real estate has cycles, and that every boom was bigger than the last one.

for califonia. prices might be inflates, and will correct it self, and will probly go down for a while. but in the long term I feel it will go back up and up a lot. it may not go as fast as it has in the past, but i feel it will, BUT everyone doesnt explain it like that. the way other people talk they act like real estate will NEVER go up. ? that makes no since.

if you somehow owned 2 houses in califronia right now that are worth 500,000, and you got it for for free with no mortgage, would you count on them going up in value in the long term? within 5-20 years selling them for 800,000 or more?

Real Estate Professionals