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Please read if you're a Financial Advisor
Dear friends, Thanks for looking. I have an endowment policy taken out in 1989 for 25 years for which there is now a projected shortfall of 10,000 in 2014. I followed the mse guide and as far as I know I have exhausted all avenues and gone through the FSA and now have received a cheque for 104 pounds from the FSCS. The…
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First Direct Mortgage rate standard variable
Hi there, This my first post. Just wondering if anyone knows whether First Direct are cutting their standard variable rate. I had one cut when bank rate was cut to 4.5% (end of October?) but nothing since. Thanks a bunch.:confused:
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motgage deal ending,what should i do?
i have my mortgage with the halifax and have been on a tracker deal which is coming to an end next month. Im not sure what rate im actualy paying now because they mention 2 rates in a letter I received from halifax on the 11th november advising me that the my payments were going down. Im a little confused as to what the…
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Northern Rock Standard Variable Rate
Does anybody know if Northern Rock have passed on the lated interest rate cut. What is their current SRV for customers.We have a 3 year fixed rate with them which finished early next year. Thanks
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Missing a mortgage payment
I am not going to be able to pay my mortgage payment this month its due on the 12th i have my mortgage with Abbey i have missed one payment about 7 months ago and they added onto the term i am worried about missing this months payment and what will happen. Any advise would be appricated
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mortgage change of employment status
My wife and I currently have a 150K Mortgage on a £370K property with Nationwide. My employment has changed to self employed status earning a similar wage as I was when I was employed whilst my wifes has remained the same. We are considering moving to a larger house but would need to increase our mortgage to we believe to…
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5% deposit mortgages?
Hi all Are there any lenders doing 5% deposit mortgages for 1st time buyers, my daughter and her partner have found a house but only have 5% to put down on it...The seller will accept £60,000 for the house but its not looking good for a mortgage for the rest...they are both in work and have a good credit rating.....any…
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What happens after fixed rate???
I just did a mortgage search and Nationwide are doing a fixed 2 year deal of 4.19% followed by 4.69% for 200 moths or so. Now my question is the 4.69% deal guaranteed to remain the same or can it change according to the banks wishes. If its the latter then how can they advertise it for 276 months???
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Base rate goes down but mortgage interest goes up?
Hi All, I am trying to understand why when the bank of england reduces the base rate my monthly mortgage payments are reduced mainly due to a reduction in capital repayment and not interest e.g. October rate 7.99% monthly mortgage £1000 of which £700 interest £300 capital in November the base rate goes down by 0.5% so..…
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How do i get ex off deeds mortgage?
Me n Ex split 4yrs ago cant get him off mortgage or deeds there are also my parents on them aswell as us 2. He hasnt paid a penny since day he left and i am only1 who put money into house at start (20grand) we have been sending solicitors letters sice day he left but o replies for past 3 yrs the last we heard he was gona…
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Anomoly when you remortgage
Has anyone met this before? When I remortgaged, this was arranged by a solicitor chosen by the new lender. Things started to go wrong when the solicitor made a mistake in the initial transfer and were very slow to sort this out. When I complained about the service I received from the solicitors, the Legal Complaints…
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omg HELP! Emergency!
Hi, So tonight I checked our joint account just on the off chance. The mortgage goes out on 7th, so tomorrow as its a Sunday. I notice the balance says £0. Strange I thought.. I asked the OH to check if his money has gone into the joint account and he finds that his salary was paid in, and then the very next day the exact…
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shafted by financial advisor
When we discussed remortgage with financial advisor everything was straightforward . I enquired about fees and was advised only needed to pay the valuation fee . Money is scarce and i asked about other fees and was told they would be added to loan . Key facts form showed payable on completion . I enquired about this and…
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Less than 1yr Ltd, what mortgage?
Hi, I am looking for some advice, I have very recently seen a flat, new on market for £150k. I intend to to make an offer of 120k initially but could only go upto 128K to afford the 25% deposit i will probably need. my problem is, i only became ltd on 1st April this year, therefore i can only show accounts fo this year,…
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Fixed rate 100% mortgage ends soon. What now?
My boyfriend bought a flat almost two years ago for £140k with no deposit, the mortgage company (Northern Rock) also combined his £10k debt into the mortgage so esentially he has a 110% mortgage. When he took his mortgage, he fixed his rate from two years, this will end in May 2009. Northern Rock sent him a letter a year…
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ING Mortgage to pay or not to pay?
Thanks in advance.
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Overpay or reduce term???
I am after some advice. I am on a SVR at the moment with nationwide. I am probably going to move to the tracker. I currently over pay my mortgage by around £300 a month. Which I like doing as i am in control. I suppose my real question is does it make any difference with the term. I currently have 20 years left but…
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HSBC 3.68% Tracker with 60% LTV
Just to let you all know HSBC has introduced 3.68% tracker (this was 3.99% before interest rate dropped to 2%) for 60% LTV. I think this is a good deal NOT for anyone with 40% deposit. Apologise for my bad post. This is not such a good rate! I'm still thinking it is 3% base rate so on top of that it was 0.64% but It is…
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Advice on offset mortgage and more?
I've been renting a property for the last 4 years while my equity has been sitting in a Savings A/C earning enough interest to pay off a good proportion of the monthly rent, while I waited for the market to turn in my favour. Now that my Savings A/C interest has been slashed and the property market has dropped, I'm now…
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Bristol & West trackers
Does anyone know if B & W have a collar on their trackers?