Halifax Mortgages

[oversteer]

contractormoney have sorted me out with a mortgage. no accounts needed, basically just contract and cv.




also it's with the Halifax

[kingcook]

contractormoney have sorted me out with a mortgage. no accounts needed, basically just contract and cv.

also it's with the Halifax

What a bizarre world we live in

[scooby]

contractormoney have sorted me out with a mortgage. no accounts needed, basically just contract and cv.




also it's with the Halifax

WHS 90% mortgage, 5.99% fixed 2yr. No issues and less than 2 weeks for the offer from Halifax.

[NonnyMouse]

I was in a similar boat - new mortage no probs but getting the 'consent to let' for the existing mortgage is a real grey area with the halifax and without that you dont get the new mortgage. I do know that you have to have a certain amount of equity and a good reason for getting CTL and the rate isnt the greatest and nor is the large arrangement fee.

[kingcook]

I was in a similar boat - new mortage no probs but getting the 'consent to let' for the existing mortgage is a real grey area with the halifax and without that you dont get the new mortgage. I do know that you have to have a certain amount of equity and a good reason for getting CTL and the rate isnt the greatest and nor is the large arrangement fee.

Arrangement fee?

[PMMan]

Contract only

It seems I was lucky... My independant FA just took a copy of my contract, took the day rate and was able to secure a good rate of mortgage (over 88% of the value) in about 3 minutes.

I had about 4 months to run on the contract, but did not need to provide a CV, bank statements, 2 years accounts etc...

Must depend of your Financial Advisor / Broker...

[escapeUK]

WHS 90% mortgage, 5.99% fixed 2yr. No issues and less than 2 weeks for the offer from Halifax.

5.99% was the issue surely? I just fed your details into HSBC (the first link on google) and got a 2 year fix 90% first time buyer at 4.59%.

[scooby]

5.99% was the issue surely? I just fed your details into HSBC (the first link on google) and got a 2 year fix 90% first time buyer at 4.59%.

And what HSBC require for that? 2yrs accounts? More or the same as Halifax which was little?

[Scrag Meister]

It seems I was lucky... My independant FA just took a copy of my contract, took the day rate and was able to secure a good rate of mortgage (over 88% of the value) in about 3 minutes.

I had about 4 months to run on the contract, but did not need to provide a CV, bank statements, 2 years accounts etc...

Must depend of your Financial Advisor / Broker...

What rate did you get?

I got both mine going direct, Main one at 0.49% above base. and the other at 3.49% above base, reducing to 2% above base at the end of this year.

I had to wait for 7 months til my 2 years of accounts were available after the first enquiry to get the mortgage.

I would be tempted to wait until your 2 years accounts are ready if it's not that far off. Save in the long run and lets face it, in most cases a mortgage is a marathon not a sprint.

I don't see you missing out in the short/medium term due to a sudden increase in house prices.

Patience is a virtue.

[oversteer]

5.99% was the issue surely? I just fed your details into HSBC (the first link on google) and got a 2 year fix 90% first time buyer at 4.59%.

It's not great - but HSBC haven't got a clue about contractors. Call centre bod, salary OR 3 yrs accounts.

If you can get more than 10% the Halifax rates drop to 3.5%ish