Ask the experts
About our experts...
At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages. As such, we created this section so that you can submit your questions to our experts. The answers are provided by a number of people who have years of experience in the mortgage market. The team is led by Peter Woodward who spent his formative years as an underwriter with one of the major UK lenders and the last 10 years in our Technical Department along side Ray.
So please do submit your question and we will do all we can to answer it as quickly as possible
Please be aware that these answers can only be generic and no personal recommendations can be made.
Posted on 23/04/2010
My partner is a day trader and self employed, but has little money coming in. He has a bad credit score and he has been offered the right to buy his property by the council.
What can he do?
what can he do?
Categories: Bad credit, Council houses
Posted on 04/10/2007
A friend and I are looking to purchase an ex-local authority flat. We are aware that private owners in ex-local flats are liable for their share of repair bills to the whole block. Is there any way we can find out before making an offer what work the council may have scheduled on the block in the future?
Categories: Council houses
Posted on 22/08/2007
Hi Katie,I am in a debt management plan with the CCCS (all unsecured debt approx. £26,000). I have a £75,000 mortgage with Southern Pacific (it was a right-to-buy mortgage). My 2-year fixed rate mortgage...
Categories: Bad credit, Council houses, Remortgaging
Posted on 08/08/2007
My son has been offered his council flat under the right-to-buy scheme for £60,000. He is not working as he is doing his Knowledge to become a London taxi driver (hopefully qualified within 6 months). He has no income other...
Categories: Buy-to-let, Council houses, Special circumstances
Posted on 06/08/2007
My wife and I are looking to buy her father's council house under the right to buy. Am I better remortgaging our own property which is worth £200,000 with £16,000 still to be paid, or take out a new mortgage on his...
Categories: Council houses, Lower mortgage payments, Remortgaging, Special circumstances
Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.