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off set mortgage for buy to let
I know Bristol and West do off set mortgages for buy to let but does anyone know of any other companies offering them. Thanks
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Paying off mortgage
I have under £10,000 to pay on my mortgage - is it possible to transfer this onto a 0% credit card ? If I can do this are there any downsides ?? Seems a bit too good to be true ?
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REMORTGAGE ADVICE
My dad has passed away, half way through a 25yr mortgage. He was not a stupid man & believed he had taken out a repayment mortgage. We now find that it was interest only & there was no life cover to cover the loan. The problem is that in 12yrs the lender is going to want the capital element of the loan repaying & my mother…
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Advice Please
Hello (this has also been posted on the credit card site) I am new to this forum, and I need some advice please. I intend to write a cheque for about £15000 from my MBNA credit card at 0% interest, and pay it into a savings account. (As per Martin's article) I think it is an excellent idea. However, I have moved house…
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2 year discount at Alliance and Leicester
I've been looking at the deals on Alliance and Liecester website. What does this mean.... [tt]Payable by customer on mortgage closure Early Closure Administration Charge £295.00 [/tt] Does it just mean that you have to pay that if you pay off your mortgate early? Alan
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Superannuation
Mrs Wild Rover and I both work in jobs where we have Superannuation Pensions - we are going to have to remortgage over the next few months as we are seriously hacked off with our current providers (who have held us in the vice-like grip of a tie in at the end of a deal, to the extent that even when we said "renegotiate the…
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Remortgage - Discount on What?
We took out a 0.25% Flexible Discount (discounted for 5 years, term 15 years), interest only mortgage against our current home as a way of borrowing some money in August 2001. It was presumed that the 0.25% discount was against the bank base rate which at Aug 2001 was 5%. However, the initial interest rate was 5.990% and…
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Shared Ownership Mortgage Help!
We bought a 50%share of a house nearly 6 years ago with a fixed rate endowment mortgage. The tie-in period for that mortgage has finished now and I need to switch, but I don't know the best option now. We could also probably now afford to buy another 25% share. With the increase in the price of the house our half's value…
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Mortgage advice please - holiday lets
Hi there My husband and I would be very grateful for any preliminary advice that anyone can give us ??? We're selling our home to buy a holiday let property. The property is a 5 bed cottage and 2 two-bed flats. We would live in one of the flats and rent the rest as holiday lets (which it has been for the last few years).…
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100% mortgage query
At the start of the summer we started looking at whether we could be homeowners, at this point a relative offered us the deposit, of which we were fantastically grateful. We have since found a place and been processing the purchase of this house, sales price: £166,500 of which a 5% deposit was promised. We are at the point…
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Buy to let instead of a pension
Along with thousands of other people my wife's pension is in the crapper. She is considering taking a buy to let mortgage and renting out the second property. The purpose isn't to make a profit from rent but to make profit from the rise in the property value. It's intended to be a long term investment - 20 years + and she…
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Mortgage in job probationary period-Advice Please
My partner and I are looking to buy our first house - as quickly as possible. I am in a 3 month probationary period, having started a new job 2 weeks ago, partner has been in a 'permanant' job since Feb, but on a succession of 3 month contracts (which he has been assured will almost certainly continue to be renewed). We…
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Will current lender give me better deal?
Hi all, I have just come out of my fixed 2 year term at 4.49% with the Abbey, and jumped onto a lifestyle rate which is something like 0.5% below base. I phoned them the other day, to find out deals for 'existing customers', and frankly compared to what is currently on the market it was awful. For example the only fixed…
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Interest Only Mortgage Protection
Hi! I'm about to take out a £166,500 25 year interest only mortgage. My IFA has been keen to sell me a Scottish Provident Self Assurance Insurance policy to cover critical illness and death. The premium for this is £192 per month, which I feel is a large figure on top of the c. £800 a month mortgage. Is £192 a typical…
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Remortgage Query
Hello all, I know you're all clever out there so here's my query.... Just got my annual mortgage statement and lets put it this way, my jaw dropped when I saw how much capital I had paid (or not!). So I would like my money to work a bit harder for once (hopefully...!) Looking at remortgage as fixed rate now up. Need…
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AXA (Sun Life) surrender?
We have a with profits endowment with AXA(Sun Life) maturing in September 2006: target amount £23,400. In June 2004 projected payout at 3% growth was £28, 300. If we cashed in the policy now, the payout would be £20,211 plus an interim bonus of £3173, making a total of £23, 384. Terminal bonuses are currently being paid at…
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equity release
My mother in law is currently looking at an equity release scheme. Does anyone have any experience of these schemes and can they recommend a good provider. I have concerns regarding the interest rates on these schemes and the risk of falling house prices.
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Credit problems when remortgaging
You'll have to excuse me because this is my first post.... Just a quick query re: credit problems. I've had a couple of defaults in the past, all settled now. No credit problems for three years now. I've got a poor credit mortgage with First National and am thinking of changing. When looking on some of online comparison…
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Endowment As A Saving Policy
When I moved house 5 years ago, I switched to a Virgin One mortgage but kept my S.Life endowment policy going. I am now wondering whether it is worth doing this or if it is worth cashing in the policy and using the money to reduce my mortage. The figures; Endowment : £50k Monthly endowment payments: £60 Years left : approx…
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Scottish Amicable/Prudential Endowments
I am currently considering surrendering two endowments I have with Scot Amicable(Now Prudential) and my surrender values initially appear very poor. I am reluctant to surrender these until I have some indication of what (if any) terminal bonuses recently matured endowments may have achieved. Is there anyone out there who's…
