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variable rate
one of my btl mortages has dropped into a variable rate .when i took out the mort this was 1.95 above bbr for remainder of the term . can banks change this rate stimulated on the original offer ? oops i meant stipulated
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Staff case endowments?
:confused: I know this will probably only affect a minority of you. But did anyone buy their endowment from their employers - who obviously were finance companies? If so, did they get anywhere with their complaint? Andyfff
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New Remortgage Deal needed with adverse credit
Hi I am new to the forum, but I am looking for advice on how to find a remortgage deal as the Chelsea Building Society have changed their criteria and will not lend us another 5000 which we need to finish off the home improvements. We both had bad credit ratings, but that was over 4 years ago, since then we have no extra…
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Why is fraud considered acceptable?
Morning, Why is it seen by many on these forums as perfectly acceptable to commit fraud in the context of credit applications? I find it ironic reading people slating the banks/lenders for 'bringing down this country' etc whilst we have so many people condoning/suggesting/actively promoting various degrees of fraud in…
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brokers
is it advisable to contact the mortgage company direct to find out whats happening with your application even if youve got a broker, as i cant get hold of our broker
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buying a second home - questions
My friend is separating, and selling her house soon. She will be selling it cheap - just wants enough to cover mortgage and debt. She is considering selling it to a company and renting it back. I am considering buying it, and renting it to her (she is worried about renting with 3 dogs). I think it would be a good…
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Sale and rent-back firms to be regulated next month
This thread is to discuss the following news story: Sale and rent-back firms to be regulated next month
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Can't pay mortgage - Question
Hi, My partner was made redundant at the end of last year. Now the money is starting to run out, and next month we will be unable to pay our mortgage, well everything really. What do we do now? I have already been in touch with the mortgage company to enquire if they were in the mortgage assistance scheme but they werent.…
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Endowment help please
Hi Everyone I have an endowment policy I don't know whether to keep or not. It was initially taken out in 1 May 1993 with the hope of paying £30,000 mortgage on maturity. I now have part repayment part endowment, and still need it to cover £30,000. It was originally a britannia life endowment, now with Pheonix. On my paper…
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Part interest only
We will be looking to move house soon. We need to remain with our current lender (Accord) as we are in the middle of a 5 year fixed rate. Currently we have a repayment mortgage but we'd like to borrow the additional amount (roughly 160k) on an Interest Only basis. We've therefore have a mortgage which is part repayment and…
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Northern Rock Borrow Back thoughts please
Hi all, in the process of buying sister's half of inherited property worth 300k and my broker is recommending the NR mortgage as I will also have sum lump savings to offset (by paying into mortgage and borrowing back at a later date). My main query is that my broker is recommending borrowing the full 65% of properties…
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timescales
hi sorry if i appear dull, but do you count the time awaiting your mortgage offer from when you get an agreement in principle or from when they recieve your documents? thanks
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Mortgages and Wars
Does anyone have any idea if wars ala the Gulf war effects mortgage rates i.e. what it does to oil and petrol prices? About to re-Mortgage with a tracker 2.5 above the base rate whcih looks the best at present but I's like to know if rates go up, as every decade or so there is a major war and the Korea thing might kick off.
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Mortgage and survey
Hi there, hope this is the right place! Just a quickie to ask what the timescale is from applying for a mortgage and getting a date for the survey Thanks in advance x
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how much can i borrow?
hi just after a ball park figure for advice if possible i earn approx £50K pa and have a deposit of £150K roughly what price house can i afford? I was thinking i could afford £300Kish (with a £150K mortgage) but everything i seem to like costs more.. (i have no debts)
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Can I Transfer a Property Idemnity Policy to the New Buyer?
Hi everyone, I've not been able to find an answer to this question anywhere. I bought a house in 2007 and it is about to go on the market. At the time, my solicitor was very thorough and suggested a couple of indemnities be taken out for the property. This caused problems because the seller had already taken a reduced…
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Some guidance on remortgaging
Have reached the end of a 5 year deal with C and G at 5. 34% on a repayment mortgage. We have currently gone to the SVR of 2.5%. Due to personal circumstances we don't want to be tied down to another long term fixed rate. Therefore, we have been offered a 4.29% deal for 2 years but have until early July to accept. The…
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HSBC 90% Deal - Frustration
Hi All i have been an HSBC customer for past 9 years. For past 6 months I've been planning to buy a place and have been constantly speaking to HSBC mortgage manager on the amount I can borrow. Their website also tells me the amount they can lend is higher than what I want. After all discussions on the amount I can borrow,…
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sorry found it please delete
sorry googled and found info can someone delete this please :D
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remortgage deal
hi my mortgage is up for renewal, i've just asked nat west about a new deal this is what they offerd 4.19% - 5 yr fixed = £471.00 pm with £99.00 fees my currant mortage balance is £74.000 i think my home is worth arounf £95.000 is nat west deal a good offer the problem i have is i have a poor credit rating and a charging…