LTV 76.96%
The nervous wait to exchange....
- Thread starter noj
- Start date
LTV 76.96%
You forgot one on the end..... Its the kids that kill it
Soldato
Totally agree. Our estate agents have been brilliant, but our solicitor was hopeless.
Surely if the adviser (for example) works at Nationwide, they will recommend the best deal that Nationwide offer. This may be garbage compared to other products on the market and so the independent adviser fee of £XXX is worth its gold. When I shopped around I couldn't find as good an offer as I got with my adviser. As I said further up, the Nationwide mortgage adviser could only offer me ~170k. Not enough
Soldato
From what I know, the ltv rates get better below 75%.
I got in on a 2 year fixed 1.65% at just under 75% LTV in July (before the base rate rise).
I did it with London and county brokers and they were paid a fee by lender.
I never said he worked for Nationwide. He is independent. Intially I was going with a product from Santander but this Nationwide product came along just before we submitted the application and it was better. He would have been paid by either lender for bringing them business.
Congrats on the offer being accepted.
Just a small side point that all the times over the last few years when you nearly bought a newer car on a big finance package - if you had done that it's likely your AIP and amount you could borrow would be less, resulting in you not being able to afford this house.
Soldato
Completed yesterday.
Lloyd’s bank and Virgin Media have been added to my list of obstructive jobsworths with the customer service skills of Fred West.
Lloyd’s bank and Virgin Media have been added to my list of obstructive jobsworths with the customer service skills of Fred West.
Caporegime
FML!
We get back from our honeymoon, and finally have a memorandum of sale. Great, now we can put in for the property we want!
Go to the website, and see the next phase of house types that we want are suddenly £25k more expensive and therefore no longer on Help to Buy
Clearly demand is high enough that the developer can just jack up the price as it doesn't need to find people who need Help to Buy
We get back from our honeymoon, and finally have a memorandum of sale. Great, now we can put in for the property we want!
Go to the website, and see the next phase of house types that we want are suddenly £25k more expensive and therefore no longer on Help to Buy
Clearly demand is high enough that the developer can just jack up the price as it doesn't need to find people who need Help to Buy
Soldato
I thought help to buy was available on all houses under the threshold?
Man of Honour
Go to the website, and see the next phase of house types that we want are suddenly £25k more expensive and therefore no longer on Help to Buy
Guessing the extra £25k pushed it over the threshold?
Soldato
Caporegime
I assumed it would be under £600k for a house. I'm from Yorkshire can you tell
A detached house within the M25 is pretty rare, and was right at the £600k threshold when we initially started looking.
Soldato
Soldato
I exchanged today and complete on Friday.
It's been a nightmare the person I'm buying from said there he was buying a no chain. Months later and the day before exchange or turns out he won't move our like he said he would and now how now his no chain isn't a no chain there are multiple Houses above him that know one new about.
It's been the most stressful day a i have every had. I made him move our but offered some garage space to store his stuff while he storeys or the mess he has created on his own.
It's been a nightmare the person I'm buying from said there he was buying a no chain. Months later and the day before exchange or turns out he won't move our like he said he would and now how now his no chain isn't a no chain there are multiple Houses above him that know one new about.
It's been the most stressful day a i have every had. I made him move our but offered some garage space to store his stuff while he storeys or the mess he has created on his own.
Caporegime
Mortgage in principle approved, now we wait to see if our second choice house style will come up and within budget...
we completed on our sale yesterday!
we are now waiting on our new house to be built and are currently living with the in laws and saving to carpet and furnish.
We have changed our addresses on almost everything, surprisingly easy for most things as nearly everything can be done online.
we are now waiting on our new house to be built and are currently living with the in laws and saving to carpet and furnish.
We have changed our addresses on almost everything, surprisingly easy for most things as nearly everything can be done online.
Soldato
Exactly the same situation as us, its very weird as a married couple going back "home". Saving a fortune though!
Caporegime
YES!
House reserved, contracts due to exchange at the start of November, but house won't be ready until Feb/Mar, time to cancel any excess outgoings and save like mofos!
House reserved, contracts due to exchange at the start of November, but house won't be ready until Feb/Mar, time to cancel any excess outgoings and save like mofos!