-
Mortgage Insurance
Hello everybody, I am wondering if someone can help me. Me and girlfriend have just bought our first flat and we get the keys in 2 weeks. We have had the worse mortgage broker and he signed us up to all kind of things, including mortgage protection with critical illness cover and god knows what! He has said to us that they…
-
1st time buyer
hi, I live in a housing exec house and someone called today asking if i was interested in buying it, which myself and my partner are going to do, because we've been paying rent for some time now and I don't think a mortgage would cost much more. I was wondering what these companies are like that say they do all the hard…
-
Mortgage Audit
Has anyone had their mortgage account audited? I remember a TV programme a few years ago about this where an audit had revealed certain lenders had been overcharging interest on mortgage accounts for a number of years. I have just paid off my mortgage after eight-and-a-half years and wondered if I should have the account…
-
A shameful piece of regulation
Finally mortgage broker regulation is coming into play, but there’s a big anomaly. London & Country Mortgages is a broker which compares mortgages across the whole of the market. Unlike the other big mortgage companies, it doesn’t charge a fee, just takes some cash from the lender. Under the new FSA rules because it…
-
Clear Credit History Mortgage Lender Scotland
Can anyone advise me please of a mortgage lender in Scotland who will take on someone who has a clear credit history? The person in question once had a bank loan which was paid off within the terms but now they are having problems securing a mortgage. The house is as good as theirs subject to obtaining a mortgage. As they…
-
Euro Mortgages & Purchasing Property Abroad
Just after a bit of advice if possible. My husband and i are looking into buying a property in Italy. Can anyone one suggest what the best way of financing such a purchase would be - release equity from our property, increase our mortgage, take out a euro mortage in the UK, take out a mortgage in Italy??? Any help would be…
-
Advice please - can I find a lender...
For Mortgageman & Payless. Your advice please. I'm actively house hunting, currently renting. With a £18K deposit, on an income of *£**K gross, would I be able to find someone to lend me upto a max of £90K ? Looking ideally for a 2 year fix or cap with no extended tie in. I am aware of the going rates but uncertain who…
-
Resolution Life endowment cut and run?
I have a with-profits endowment policy with Royal & Sunalliance which is now being taken over by Resolution Life. It has been running since 1988 and due to close in 2013. Should I cash in and re-invest? The word is that all funds are closed and if the terminal bonus is going to be low then is it worth hanging on? I…
-
Flex mortgage-using loans/credit cards to offset
I'm sure this has been asked loads of times, but I have searched and haven't managed to find the answers I want. I have a flexible mortgage with Intelligent Finance at the moment, on which I overpay and also offset my savings/current account etc against. I'm interested in finding out how you can use additional funds…
-
to the other advisers
A client has just bought to my attention, a deal on the charcolonline.co.uk. it comes up as a 95% ltv self-cert deal with Woolwich ;D. I tried many different scenario's under 'are you eligible'. And it always comes up 'no'! I called Woolwich who says it doesn't exist. I called charcolonline and I was told that you still…
-
A multi-currency mortgage
Hello ::) Has anybody explored a multi currency mortgage ? I have recently found some info on another money saver website ( site is not as good as this one and user frinedly as this siute by a long, long shot - now I understand why so many people on this site wanna have Martin's babies ;D ;) ) If anyb ody can make sense of…
-
Formula for Repayment Mortgage needed?
Hi I am trying to work out the difference in what I will be paying back for an IOM or Repayment - I have worked out what the total amount is for the IOM but what is the formula for working out the total interest on a Repayment Mortgage (hope this makes sense)?? Jaime
-
Mortgages & Secured Loans
Hi, I'm new to the site & was wondering if anyone could give advice on the following: We have a repayment mortgage (57k) with approx £4k penalities as we have 4 yrs left on the fixed rate. We pay £403 pm We took out a secured loan (which in hindsight was such the wrong thing to do >:( ) for £47k over 20yrs- inc the front…
-
Mortgage Protection Insurance comparison
I've had MPI with Abbey National for the last few years - paying £16.85 per month for £517 worth of cover (well half of that I suppose since it's a joint policy with my boyfriend). As a diligent moneysaver ;) I thought I'd shop around and, surprise, surprise, I can get much lower premiums elsewhere! Help-u-pay and…
-
Another "should I surrender?" question
I am also wondering about surrendering a mortgage endowment but my circumstances are different to the previous thread. I have 2 endowments covering my mortgage. However their peformance is rubbish. Give me a list of shares, a blindfold and a pin and I could do better! They are both now with CGNU (parent company Aviva I…
-
Standard Life
We took an endownment policy out with Standard Life prior to 1988. Told by company who took over from the brokers who sold us this policy that we had no redress due to them not accepting liability for advice previously given by our former broker. Also said no point in going to FSA because it is prior to 1988. Now Standard…
-
1st Time Buyer - With Debt!!
Hi, I am currently looking to get on the property ladder (at the age of 34!!) and I am just wondering how much the debt that I am in will affect my chances of securing a decent mortgage and if there are any lenders out there, that would incorporate my debts into the mortgage (if this is possible?). I have a loan with…
-
Going Insane!
..okay, maybe a tad dramatic. But point is I really would appreciate any feedback or pointers as to who out there in MoneyGrabbinLand is doing a semi decent deal for someone remortgaging. Am With A&L currently, and was gunna switch deals with them as it seemed a good one...and low and behold I find the 'think you're…
-
Unusual Endowment Question (I think!)
Firstly apologise for my first post being a question - hopefully I can be a source of information some time in the future! My folks who aren’t very clued up on these things have asked me to help them out with this and I think there must be someone on here that could be of help! My folks took out an endowment mortgage…
-
should i surrender endowments? Mortgageman
??? For Mortgageman & payless. Can you give me some pointers to my dilemma? I have two endowments scheduled for completion in 8 years. Together they have a projected shortfall of £13000 (using 4% guide rate). I have complained about the fact i was mis-sold both policies and heave been awarded redress from the providers…
