Yhello4u:
Hi

I have a residential mortage on a 5 year fixed rate

I have only lived in the house for 2 years and want to sell it or rent it out.

Can i change to BTL mortgages if yes will i be charged for it being that i m in a fixed term rate

Also BTL Mortgages are 25% deposit i deposited 10% when purchasing the house will i be required to pay the remaining 15% if i change to BTL mortgage?

Pearlyfaze:
Good Morning great minds.
Please I will need you to look at this and give me your thoughts. We are hoping to buy a property and the solicitor recommended by the developer gave us this quote:
Professional Charges

£375.00

VAT

£75.00

Searches (approx.)

£250.00

Stamp Duty or (FTB Relief)

£0.00

Electronic Client Identification Fee, including VAT (£15 per person)

30.00

Telegraphic Transfer Fee Including VAT

48.00

Land Registration Fee

£230.00

Lender Administration Fee Including VAT

180.00

Lender Panel Fee (if applicable)

42.00

HM Land Registry Searches

18.00

Anti-Fraud Check Fee

36.00

BACs fee

24.00

Lifetime ISA

£120.00

TOTAL

£1,428.00

So it was initially £1668, when I replied his first email, he removed £240 and gave me the above.
Please is this a good deal? Do solicitors charge for having our deposit in LISA?

Also our insurance quote by the Mortgage advisor is huge. Circa 120 for a 25 year deal term and both of us are 40years old.

Pearlyfaze:
Make una nor vex biko say I dey ask a plenty question.

The solicitor say make I drop about 600 as a commitment fee, Is this how it's done bikonu, ejoor, mabinu.
Make person nor use me do Christmas.

I was thinking payment is made at the end of everything.

Pearlyfaze:


Thank you very much, We got another for circa 104. And Underwriters came back today and increased it to circa 129.

Is it important to include the kids as extra in this Mortgage Insurance?

kwakudtraveller:

You are saying a shit load of bullocks. Maybe where you are from, it’s perfectly legal for landlords to take down doors and threaten tenants after a few days of missing rent but here in the UK where laws and several bodies exist to protect tenants, that LL is in trouble. You sound like you see bullying as a normal behaviour hence your verbose statements. You’ve moved to a saner country now so refrain from the mumu and timid mindset of always letting things go out of fear or meekness and use the laws that exist to protect you to the fullest.

Imagine asking why the guy has not paid his rent after the landlord took down his room door and then locked him out, mcheeew what a silly question.

toughest007:


Don't really want to sound insensitive but I would say it the way it is...

You are right. The impression I deciphered from his narrative was that he was like a day or two late and would pay like the next day. If he had paid around that period, things won't have been this ugly.

Its foolhardy to intentionally owe a LL rent cos some blokes on a faceless forum asked you not to pay when same LL has a commitment to pay mortgage on the property. Few days have ran into weeks!

I hope those that asked you not to pay your rent can also guide you through the beseeching turmoil. They appear to have all gone mute.

In the future, you can always cover things like rent with overdraft, and in severe occasions, loans. Try not to be in a sour relationship with your LLs, it's too stressful and a waste of energy and resources. Personally, I don't have time for all these shenanigans... going to court and paying £308 for a case you may not win and still pay the rent, calling the police and going over to their station, exchanging words with your LL and family etc.

giselle237:
she is eligible for reception class the term after her 4th birthday so I believe you are on track.

UniqueDext:
My brother, i dont have the keys to the house after she changed it.
Now almost everytime i come back i have to stay outside for 1 to 4 hours until someone from the house is leaving or going inside then i follow up to enter.

Its crazy, the room is also cold with no furniture anymore as she took everything out.

You cant believe what this woman did to me on Sunday with her kids..
They came on Sunday to make mockery of me, with her two little kids of 4 to 6 years i guess..
All where insulting me and telling me how stupid I am and how I sleep in such room, man this kids where throwing insult on me with there mother to the extent that the kids later told the mother that am now looking like a depressed person that she should pity me..

It's really crazy what kind of person the woman is..
I recorded everything without her knowing my phone was on recording...
I really don't want to see this woman get away with all this act she did but I have to find somewhere else to keep my head and have a good sleep..
I have paid for a place now but I still want to collect my deposits and if possible sue her for not registering the deposit on a scheme.
Please if anyone can guide me on how to go about it, I will really appreciate it..

lavida001:


Guy just let it go. This is a lesson to you and others. It crazy out here

UniqueDext:
Update on this issue
Today the landlady worked into my room and was like today your leaving my house and was trying to move my stuffs outside..
Immediately I picked up the phone and called the police, she started to denying that she's not throwing me out of the house..
Now what happened is that she came with her kids and trying to claim that this is her house and I have contacted the Council housing department already about her visits but I would like to know if there is any legal way I can deal with this please.

This woman thinks that I meant be scared or I don't know the law in UK, which is the reason she has been doing all this..
I can tell you that all the other tenants who has lived in this house have issues with her and that's why they leave.. including the ones that moved out from my room before I move in.. everyone 100% has issues with her and she always treating to remove their door but never did because she's also scared of what they will do to her..but in my case, she things I can't do anything because am quiet guy.
4 months ago he made new tenant who just came to the UK to go out midnight at 1AM to pay house because the person told her he has it in cash and will send it to her tomorrow when he go to bank, but this woman insisted that he must pay the money that night otherwise she will come and remove he's door...

He has always treating to remove tenant doors but never went ahead to do it until now,she did it to me..

Please I would like to know how I can take this case to court, getting lawyers and anyway I can deal with her for all the abuse and harassment.

Dimdim8593:
Good evening everyone
I am currently in the uk working for bank as a financial crime investigator, although I am still on my probation stage.i was suspended for gross misconduct(legitimacy of reference(uk)) I provided for them during my background checks,initially this check came back successful but months into my employment ,I was suspended for the reason above.after fact finding meetings I had with my manger,my case was moved to disciplinary hearing. I am confused as to what to do ,should I resign with immediate effect which I have read that the company can sue for breach of contract as I have a week’s notice or should I go for the hearing and defend myself.
Note:their concerns is for the reference I provided with a company I did bootcamp and voluntary opportunity with. I actually worked on cases with this company with the duration I put in my cv.
Please house help me with advice

UniqueDext:
I have contacted Shelter and feel the application and everything..
Now waiting to hear from them.

Thank you so much

solveabode:
Good day to you all.
I am at the verge of buying a property through Mortgage. I am less than 2 years in the UK on skilled worker visa and wife is just 8 months in the UK.

I have seen a house of interest and offer has been accepted. I got a Mortgage in principle from a small lender through a broker who requested for 15%deposit as a result of my status of not yet lived upto 2 years in the UK and accepted my wife to be included in the application.
My concern is this, the lender is requesting for 2 years fixed rate of 7.4%.
Please advise.
Thank you

tshoboy:

I did and also called the bank directly. The underwriters did not add a reason. My mortgage advisors have emailed them and fingers crossed for their response. Valuation, source of income and affordability all checks out. So it was really weird.
The problem now is that there are no other lenders asides Barclays that accept 10% while you are on a visa 😢. Really disappointing.

If anyone knows any other lender, please let me know.

Taal17:

As if I knew
Na confirmed scam
UK we hail o

yolkman20:


I believe my uncle's wife is a friend to the lady who supplies the pot, she works with a company who owns a franchise with salad master. So she brought the pot to her house when my wife was there and as standard, they have to use the pot to cook for you in your house to educate you on how it works and all of that. We moved it all to our apartment that same night.

We paid for our COS ni o, it wasn't even free.

On spot, you'll them set a DD for monthly payment. The pot itself if 2900 while the total payment after installment is 4200. I have been keeping mute just to avoid issues but it's getting choked.

bigtt76:
Are you suggesting here that dependent is not married to the MA? 😳

Did she declare the kids at the point of applying as dependent to the contracted MA? If not then she would have plenty shalaye to make. All the best to her.

Nigerians shaaa.... They will abuse everything 🤦🏿‍♂️

koonbey:


Didn't mention ILR. It mentioned leave to remain which is the technical term for a visa that grants residency status (even temporary).

I don't see any reason to doubt that it's real. Only thing I'd point out is that what they both have in common is switching before finishing their studies. Maybe that's why they had additional scrutiny?

Edit: I actually doubt these, especially the one that says 'Tier 2' because I don't think HO uses that term anymore since the end of 2020.

dupyshoo:
Go and check your facts right. It is mortgage fraud!!

SamReinvented:


This is simply not true. As long as the property deed is not in both their names and the mortgage was taken individually, couples can individually be first-time buyers at different points. And no, it is not mortgage fraud.

I no get strength to argue sha. So if you disagree, no wahala.

Solumtoya:


That's sleek, man. Yet another point for Scotland!

Solumtoya:


Nice!

You were lucky to see an apartment that is freehold o. That is extremely rare. My friend bought a leasehold flat and the way they increased the ground rent and service charge recently, the guy has been bleeding.

lightnlife:
Happy Weekend!

Just had a discussion with a friend and it'll be nice to get more informed input.

Is it advisable for a first timer to get an apartment instead of a semi/detached house?

Essentially, pricing/affordability is responsible for this apartment consideration over a semi/detached structure. For context, the average newly built 2/3bed semi/detached house here starts at 400,000. But the apartment costs (2/3 beds, newly built) starts at 250,000. Apparently, it'll take a shorter time to raise the deposit for an apartment and the need to get more value for rent over time.

Another consideration is leaving the current location, due to pricey properties, to somewhere with lower rates and similar opportunities in terms of work. Some areas have full house (newly built) for 250K.

What are your thoughts please?

Solumtoya:
But I did some digging and it seems you guys are right. As long as we're married, the Government sees us as one so once a spouse has person has bought a property, the law sees it as both people have bought a property.

Solumtoya:
I'm happy with the good progress on Mortgages for folks here. Quite encouraging.

I changed my mind recently not to buy with my wife jointly to take advantage of the stamp duty-free purchase for first time buyers twice. That way, we can buy again without stamp duty using her name next time. Unfortunately, half of our savings for the house is in her LISA so we have to save further.

I think couples buying together should consider the above.

marylandcakes:


My council tax is almost 4k per annum, so count yourself lucky.

marylandcakes:


I don’t have to justify myself to you or anyone else. It baffles me when people without doing any kind of research find one way or the other to doubt people’s statements especially on this thread. That’s why I just read and pass most of the time because a very few minority here feel that they know everything and every other person is a liar. If you are expecting me to place my ct bill on here to make you feel good that’s not going to happen.😒😒😒

BorisJohnson:
People I haven’t seen in a long time:

RalphLauren

Viruses:


What happens if the govt takes custody of the kids and you just leave the children with them till they grow up maybe to adulthood?

Also does govt just take the children and that's all or they jail the parents?

Odedenshi1:


Yes, I think it is.

I sincerely need all the help I can get as I have just been made aware by the Family Support Worker that he has made a referral to LADO. I am just confused and worried because of my profession, I don’t know what to do.
Please anyone with a useful information that can help my cause kindly reach out. These people are seriously on my case even though I have not been found wanting, it is even my wife that is even stricter with the children. Now they are trying to attack my career, to destroy everything I have laboured for…

Odedenshi1:
. The Police & Social worker came to our house checked round and stated that there was no evidence and dismissed the case with the Social Worker recommending and documenting that we shouldn’t be forceful in making the children do their home work in a way that will harm them, we agreed, signed the document and they left.

Zahra29:


There were at least 5 high profile cases last year of children who died from parental neglect and abuse, and social services came under huge criticism for missing the signs and not intervening to save these young children.

Against such backdrops,safeguarding laws get tightened and government response gets stronger. So you can't really compare what happened in 2004 with what will happen in 2023.

Not all that long ago, UK teachers used the cane frequently as an accepted form of punishment, especially in public schools. Things change...(rightly or wrongly)