Remortgaging on a foreign income??
Discussion
Sarnie said:
Unfortunately I don't really see how this can be done I'm afraid...........certainly not with a high street lender.............a specialist might do it.......but the rates won't be comparable to prime lenders and products......
Do you think they would give a personal loan, or does that come under the same rules?King Herald said:
Do you think they would give a personal loan, or does that come under the same rules?
In some ways, unsecured lending can sometimes be more difficult to secure, given that the funds are unsecured..............£30k would be a large personal loan, to a retired applicant with foreign currency income..........Can't hurt to ask a few companies the question............they should be able to give you a high level answer without credit checks.......
King Herald said:
Can I get a loan secured on the house, or is that impossible? I know it is already mortgaged, but if the same bank that it is mortgaged with (Lloyd’s) did the loan.....
If I were you I would speak to your current lender and whoever you bank with......they are the loans most likely to bend criteria for you.......Sarnie said:
If I were you I would speak to your current lender and whoever you bank with......they are the loans most likely to bend criteria for you.......
If my current banking people turn me down for the mortgage, I shall walk across the road and ask at the mortgage holder bank for a loan. 
I can scrape together some of the money, but still need to borrow 25k
Hsbc tell me my application has been approved. 
And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
King Herald said:
Hsbc tell me my application has been approved.
And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
Good stuff, I did say that HSBC would be your best bet And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
King Herald said:
Hsbc tell me my application has been approved.
And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
Good to hear, that's much better than my mortgage renewal going through now and I'm getting paid domestically And at 1.69% fixed for two years it is going to be cheaper than my current mortgage at Lloyd’s, which is going up to 2.5% starting in December.
I’ve got to go sign papers tomorrow. Apparently I need to get something to give to my solicitors, ‘agreement in principle’ or similar.
I assume I can’t actually sign the new mortgage agreement until the wife agrees to it, and the court agrees too, my solicitors seem to assume I know everything there is to know about the process, rather sparse with communication.
Just like buying/selling a house, the solicitor is your best friend, until you sign on the dotted line then it is like getting blood out of a stone to glean information or a reply.
carreauchompeur said:
Great stuff. Getting that signed off will be a relief I expect.
I have to take the ‘offer in principal’ to the solicitor, just to show I have it, then I believe she will have to get the wife to sign papers, from t’other side of the planet, then I think I get to actually sign for the mortgage on my own. And then I will own most of a 3 bed semi to show for 40 years of work.....
But at least I will be a free man.
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