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What about the deeds?
Hi all, my mortgage is on it's last knockings, I owe about £700, it's with the halifax and I have the money to finish it now, but what happens about the deeds? I am on standard variable rate if it makes any difference, but at around £60 a month it doesn't bother me much. If I wait until it finishes I still have the keeping…
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in a quantry about paying mortgage off?
İ have 2 mortgages -1 of 30k and the other 25k and by about june i will be in a position to clear the 25k one but this will leave me with a small mortgage which i wonder if it will be ever worth getting any deals on because the fees seem to wipe out any benefits these days---would it be better to look for a long term…
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should i pay off my mortgage totally
hi my endowments mature within 12 months they are on track to pay off the outstanding ammount on my mortgage ...a friend told me last night not to totally pay it off incase i wish to borrow again (i have no intention to though)....would this be good advice and how much could i leave as a minimum ammount......i am due to be…
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mortgage advice
Hi I want to apply for a amortgage. My credit score is good but i owe on my credit cards. Will i be refused because of this? its really worrying me. please help
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Can Someone Answer My Question
We are finally in a position to make overpayments of £500 to our mortgage but am wondering if I make a payment today 29th January when will I be able to make the next overpayment. Is there a cut-off at the end of the month or does it just run monthly. I'm a bit worried because next month is February, a short month and I…
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As Quick As Possible
Hi All, I am new to the board and would like a bit of advise please. Im 8 months into a 2.59 above base rate 3 yr tracker. At the time I put down a 25% deposit meaning a mortgage of £93750. I have been fortunate to inherit some money and have made my maximum 10% overpayment for this year and have around 11k in savings.…
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Opinions needed. Mortgage vs ISAs
Hi, Been following the boards for a while, but have got to a point where we need to jump in and get some feedback on a scenario we find ourselves in. 6.5 years ago I joined a smaller company, taking a 20% pay cut in the process. 5 years on and it has finally started paying off . Last year we managed to save around £30,000…
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Reducing my mortgage term
My Mortgage is with NRAM (formally Northern Rock). I recently overpaid my mortgage, and asked if I could reduce the term of mortgage to 1 year and pay the higher monthly rate. They told me that it would be 10 mths or 1 year & 10 mths due to their policy. Which one, depends on the decision from up above. My Question is…
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26 years and counting.....
Hi all I have recently bought the beneficial interest in the property i live in with my Girlfriend from the Official Receiver who was dealing with my GF's ex husband who went bankrupt leaving her with the full responsibility for the mortgage and unsecured loan. His name is still on the legal title and the mortgage although…
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The One Account
Hi peeps What are your opinions on "the one account" where they offset any interest against your mortgage. Has anybody got one and is it good to use. Denzel09uk
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Pay off mortgage?
Hi everyone, this is my first post on the forum, so here goes. I have about 3 years left to run on my mortgage and was considering paying it off, I owe about £10,000 and I could just about find this amount through savings but this would clean me right out. My thoughts were to pay it off and then save the money i am…
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charging order
hi i would like some help if anyone else has gone through this please i was made redundant and had to go onto benefits round about the same time myself and my ex split up and he moved out which left me with all the debts and the mortgage i tried to continue to pay as much as i could but was unable to and ended up with…
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Overpayments help please
Just got statement from Chelt and Gloucester Ive rounded figures up Basically i took out a 20 year mortgage in June 2006 for £33,500 on a 5.25% fixed 7 year rate (ENDS JUNE 2012) Statement today states we owe £17,000 so i have just sent a cheque off for £1700 ( the 10 % allowed without penalty costs) My monthly payment was…
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Done it.
Phew, 8 years 8 months and it’s gone (well there is a deliberate £200 in there still but see the comments below) I bought the house in 2002 with a fully flexible tracker mortgage 0.95 above base rate for 10 years then SVR, I had a short term contract and wanted to be able to overpay and take payment holidays if the…
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commercial credit services
Hi, A year ago, I had a letter from commercial credit services saying i owed them money from scottish power debt about 2 years agom, which I do. I am with the CCCS and they have been paying them £5 per week since March. 2 weeks ago I had a letter from past due debt collectors, sayign I owe them money for scottish power. I…
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Fredrickson International
Hello, I have receiving a few letters over the last months from FI, claiming I owe them money for a orange phone bill from 1 year ago. I am 100% sure that I am paying this via another DCA. I called the DCA who I am paying, and they confirmed that I am paying this through them. I called FI and told them, and confirmed tha…
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Mortgage advice - HELP!!!
I've been considering paying off my mortgage early. I recently got a good deal when looking to re-mortgage in preparation for when my fixed period ends. I have had the standard valuation completed and offer accepted by a new mortgage provider. I have also signed the mortgage deed with the new provider but not dated it…
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Had anyone here been charged for overpaying too much?
Looking into a new mortgage the usual 10% overpayment limit per year applies during the fixed term, but what happens if the amount overpayed in a 12 month period becomes bigger than this? Has anyone actually been charged, either intentionally or unintentionally? Has anyone got away with overpaying above the limit without…
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To fix or not to fix - my decision
Recently my fixed term has ended and I have now reverted to C&G's SVR at 2% + BofE. I was going over and over whether to fix or stick. I have decided to stick with the SVR and over pay. I have worked out that I would comfortably be able to afford and over pay even if it got to around 5% (BofE). I have read many many…
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RT's Mortgage Free Quest...
Hi everyone, I got married late last year and we have returned from honeymoon on NYE. We were deciding what to do with the extra income that we now "appear" to have since there is no more saving needed for the wedding! We have agreed that we will be making overpayments to the mortgage in order to clear it ASAP. We bought…
