Angela

How much is the 2nd charge for, is there any scope to pay that off?

zaza78

An awful lot can happen in the next 2 years with regard to the housing and mortgage market and my guess is it will probably be different to where we are now both with valuations and products available.Tony

kahlan

With regard to the mortgage part of your question, you would need to inform your current lender of your intention and they will advise you from there.

kahlan You say your present lender doesn`t lend on shared ownership properties. Would they be able to help you if the property you wnted to move to wasn`t a shared ownership property i.e. would they consider porting your current mortgage to another property. It`s worth asking the question as you may...

kahlan

Good advice from Michael, your existing lender would be the first point of contact for mortgage funding on a new property, some.
allow you to port to another property.

Your IP would need to go through everything with you and obviously give you permission to look at the possibility of moving.

r7w

As Melanie and Skippy have stated you would need the permission of your IP and also quite a substantial deposit to enable you to apply for mortgage funding.

I must say to anyone who has the pleasure of speaking to Tina, you are in good hands she is an absolute treasure.Tony

needout Quite a detailed post but I will try and simplify the mortgage part of it. If you explain to your present lender that the need for an interest only payment period is for a stop gap and you will revert back to repayment as soon as possible that may be something they may consider. Alternativel...

tele2002

Yes that is correct, you will find my email address on the contacts page along with the freephone number.

There are 2 other websites that are operated but are being upgraded. Tony

tele2002

Nobody has contacted me that is nonsense, I own, run and manage the company so it is impossible for your friend to have spoken to anyone at this company except myself. Tony

Some lenders will not be too keen on an interest only payment basis because they want to see how you are going to pay off the loan. This is understandable to a point but as I pointed out in an earlier post there is nothing stopping most of us making capital payments off an interest only mortgage whe...

polar You can apply for mortgage funding immediately after and iva has ended, in fact you can apply whilst in an iva but you need the permission of your IP whilst in the iva. After 6 years when the iva is not on your credit file you still have a duty of disclosure of information to any potential mor...

marky b If you are trying to add a column of numerical figures then the formula is: =SUM(E2:E38) IF you entered this formula in cell E40 or on the top bar then it would total the numeric values and put the total in cell E40. You can use any cell you wish this is just an example,hope this may help.Tony

monkey

You will need a considerably larger deposit than the expected monies from the sale of your property if you wish to purchase at £250,000.

There would be other factors to consider also i.e. affordability etc.

I think the iva will be on your credit file for 6 years. Tony

kitkat

If N.Rock are ofering you that deal then you will not get any better than that. Tony