Ask the Specialist

Capital Fortune are asked to help clients on a daily basis, whether it be with a new purchase, remortgage, buy to let or something more unusual. We typically help clients with non-standard, unusual or complex situations and have created this section to allow you to ask our team of specialists any question you may have. Feel free to browse the list of questions and responses. Please note we provide information only in response to the questions posed and not advice. If you do seek advice then feel free to speak to one of our Advisers by calling 0207 710 0400 or send us an enquiry online and one of our Advisers will call you back.

Ask the Specialist

Primary School Teacher abroad looking to buy UK property

on Saturday, 23 April 2016 14:19.

Hello, I am a primary school teacher that is currently teaching internationally in order to save money for a deposit for a property in London. I have a sizeable deposit now of 60k and I am interested in buying a property with the view of living in it when I return to London in the next 2-3 years. I am 33 years old with no debts outstanding. What are my options? I would appreciate any info or help possible. Thank you. Shannon.

Interest Only To Repayment with Defaults

on Monday, 18 April 2016 22:56.

I am currently on an interest only mortgage due to redundancy 6 years ago. When I wanted to go back onto repayment we were told we didn't qualify, so been stuck on interest only.

I have Credit card debt of £60k and a secured loan of 35k. There are 11 defaults, no CCJs never arrears on mortgage or utilities. I've used the loan to partially full and final settle some of the credit cards so there is £25k remaining. My existing mortgage is £136000 and the house is valued at £320000 joint income of £54000 ages 49 and 53.can we get a repayment mortgage for 170k to consolidate mortgage and loan debt over 15 years. 

Expat Looking to Repatriate to UK

on Friday, 08 April 2016 10:37.

We live in Brittany and want to buy a UK property with a mortgage while we have our French home up for sale, waiting for a buyer. We would be prepared to move back to live in our UK house even though we have lived permanently in France since 2003 . I am 73 and my wife 69. Hope that you can help. David

Retired Expat Looking to Buy Holiday Let Property

on Monday, 21 March 2016 19:08.

I am a UK expat retired and living in the USA. I am 76 years old. Net worth (ex-home) of >$3M and annual income >$150K. I presently have owned a holiday let outright in the UK for 19 years and looking to buy another holiday let - probably £325K purchase. - just two doors away from my present holiday let - similar situation and setting. Gross rental history of present property averages >£14K per year. Looking to get a mortgage on the new property. Stuart.

House with Annex and Outbuildings

on Wednesday, 02 March 2016 20:49.

We own a house, self catering annex, shepherds huts and caravan site - can we get an interest only mortgage. I have 75k salary / pension. Better half 18k. Turnover of business 25k. Thanks, Bob

95% Mortgage With Default

on Saturday, 23 January 2016 10:56.

Hi I am looking at getting a 95% mortgage and I have a default from nearly 3 years ago which is settled for £565, do you think it would be possible to get a mortgage? The property I have seen is £165000.

Can My Mother Get An Interest Only Mortgage

on Tuesday, 05 January 2016 17:37.

Hi, my parents have a mortgage of £135,000 on their house worth £250,000. They paid off the original mortgage on their house but took this one out to help my sister and I put down deposits on our homes. We have always paid the interest only payments, but the current mortgage company will not re-mortgage after May 2017 when the term on this mortgage ends.

My parents have a good pension and excellent credit histories so I am fairly sure that you would be able to help get a mortgage. My mother is becoming increasingly concerned about this problem and is worried about having to go through the re-mortgaging process, particularly as it is my sister and I that owe the money!! Would it be possible for me to manage the re-mortgaging process for them if they give written permission? Thanks Katie

Can I let my existing home and buy another?

on Friday, 30 May 2014 13:22.

Hi, I owe £9000 on my property which is worth around £210000.

I'm thinking about letting this and buying a second home .

I earn 25k pa, and would get £800pcm for renting my first home.

I am 45 years old. Is this possable for me to do this?


My husband is a self employed contractor, working in the maritime industry - can he get a mortgage?

on Monday, 12 May 2014 12:56.

My husband is a self employed contractor, working in the maritime industry and entitled to claim seafarers earning deduction.  This means he is a non uk tax payer.

In June he will have completed 2 years accounts.

Are we able to apply for a mortgage even though he is not a uk tax payer? If so what is the greatest Loan to Value?



I am a widow and looking at a pensioner mortgage for over 65's as I am 69 soon to be 70 on my next birthday.

on Monday, 05 May 2014 22:02.

I am a widow and looking at a pensioner mortgage for over 65's as I am 69 soon to be 70 on my next birthday.

I am an ex civil servant and have a civil service pension of £23,548 per annum.

My current lender has written to me wanting to know what my plans are to redeem the mortgage next year when it ends.

I currently owe £29,581 on an interest only basis and my house is worth around £250,000. Can you help me?

Mrs M Jones