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investing in equity release
Does anyone know anything about investing in equity release schemes where you invest x amount through a company in someone elses property giving them the cash to play with in exchange for the property at some future date Thanks Smokeyone
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Help/Advise buying house for daughter
I am trying to help my daughter (aged 24) purchase a house. The house is in the building stage and due for completion in Mar 05. I have put down a deposit on the house priced at £135K. My daughter is in full time employment and currently earns about 13K I am proposing to remortgage my own property to raise capital to help…
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Buying a house placed with multiple agents
Hi all I’m just about to put an offer in on a house which is being marketed through two estate agents. I’m worried that if my offer is accepted via Agent A, then Agent B will be doing everything in his power to try and get someone to gazump me. Does this sort of thing happen with multiple agency sales? Is there any way…
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Fixed or tracker?
Help me! I am in the process of moving to Nationwide onto a 2yr tracker, but they've just announced a new fixed rate of 4.95%. The trouble is, I have to pay an additional £349 fee. Plus I'm hearing conflicting advice on whether rates are going to go up & up, stabilise, or come down. What should I do? ???
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Property abroad
I really want ANYONES thoughts and feedback here. In the area that I live in it would cost me about 100,000 for a 1/2 bedroomed flat. However it would cost me about 40 - 50k for a 3/4/5 property abroad. I also publish two magazines that would enable me to freely advertise the property that I could buy, in terms of renting…
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Thoughts on egg mortgage, please
I need to remortgage to raise capital for marital settlement. Current lender (A&L) would charge high redemption and new set-up fees ~ over £500 in all. Looks like I should change lenders and am considering egg mortgage. Any thoughts/advice would be gratefully received! Thanks.
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Leeds and Holbeck B S - US LIBOR 2.99%
Hi, I have just been on to the Charcol website and saw the following mortgage advertised. Leeds and Holbeck Building Society - US LIBOR 2.99% APR 4.1% Exclusive 2.99% Fixed then Tracker 126 months I have been trying to find out further information on this mortgage as it seems too good to be true. I have read several…
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Mortgage on D.L.A.
I have eight years to run on my current mortgage and I am on disability living allowance, Is it possible to get another mortgage as I wish to move to a bungalow?
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From Tracker to Standard?
My 2 year Tracker (- 0.25%< base) with Abbey expires in 3 months and then reverts to base. Currently I owe only £8500 with 8 years to go. I have £1000 which I could pay of a proportion of the remainder. I could easily increase my repayments from £110 to £250 PM. Neither of these moneys would infringe on my current/furture…
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Remortgage / Equity advice
Hi, this is my first post, so be gentle :) I luckily purchased my 2 bed semi 2 years ago for £41k just before the market went a bit silly around here. After a 2 year discounted rate, my Mortgage is now a reasonable £240/month with Abbey @ 5.50%. I owe about £4k in credit cards (most of which was spent furnishing the house…
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Endowment Dilemma - what price friendship?
I have a couple of endowments bought back in the 80's from an old schoolfriend in his first job. I think I've got a clear argument for mis-selling and a compensation claim as he did no fact find, discussed no other options and suggested I would end up with a tax free lump sum at the end of the period. However, I'm…
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abbey national endowment mortgage question
does anyone know if a abbey national endowment mortgage policy reach maturity if one of the people with it was terminally ill. was taken out 18 yr ago. i ask as one of my familys newer one did and wondered if this would be the case with this type of policy. tried looking via web but still none the wiser any help would b…
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Wife not on Joint Mortgage
A friend of mine was a single mum on benefits living in a rented house when she met her husband. They needed a bigger house cos he has kids from 1st marriage who visit. Husband bought house in his name only (he told friend it'd be quicker that way). He has changed lenders since but still kept house in his name only. Now…
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Carrington Carr???
http://mortgages.carringtoncarr.co.uk/index.asp anyone had any dealings?, just been cold called by them?
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Virgin One Account - lower your interest rate!
Hi all, My first post, so be gentle with me. Hopefully some of you will have a Virgin One account, or simular mortgate accounts which this will work on, allowing you to lower your interest rate on your mortgage for the cost of a phone call in one instance. I have a £80k mortgate facility on a property valued in 2001 at…
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Best Mortgage deals
Hi, We currently owe £16,000 on our mortgage with the Halifax, I think it's a tracker. The propery is worth £85000 and we are looking to move house. We will need to have a £50,000 mortgage, but we really need to keep the payments as low as possible. Any ideas which sort of mortgage i should be looking for and who with?…
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Remortgage needed, dont know where to start.
Hi, We purchased a run down property in april/may with the attention of doing it up as it was the only property we could afford at the time. With all the mortgage increases we have just recieved a letter stating the mortgate has now gone up to £417 a month (originally £365) & we are really stuggling to afford this. I am…
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Buying property from family
My wife and I currently rent our house from her parents, but will be looking to buy it from them within the next few months. Whilst this should make for an easier process in some respects - we're are pretty sure that they aren't going to set out to shaft us, like most vendors would :) - I'm equally sure that there are…
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Remortgages - Exit Fees SNEAKY RISE
It seems that lenders are getting wise to mortgage tarts - creating attractive headline rates, but raising entry/exit fees. Hefty arrangement fees are usually prominently quoted but any rises in the hidden exit fees are unlikely to be discovered until you want to leave! NB nothing to do with redemption penalties. A recent…
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Becoming an IFA
Hi all, Now l've been thinking about this for a while now. It is a big career change for me, but l think l will really enjoy it. I have done a little bit of research so far and l've been looking up some of the qualirfications you need to do to get a job as an IFA - the FPCs etc. Now l know some of the people on here are…
