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Mortgage repayments
Hi all , we are thinking of buying a house and would like to be able to work out approximately how much different mortgage amounts would cost us each month. ie , Approx how much we would be repaying on a 200,000 mort compared to a 250,000 mort. Sorry if this sounds garbled.......is there any tool that can help us do this?…
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IS A MORTGAGE FINISHED ONCE ITS REPAID?????
Hi, I had a mortgage with Chelsea b.s. I moved house and the old mortgage was repaid and a new mortgage set up.Same company was used(Chelsea building society)but a new account was set up for the new mortgage and the old account was paid off and was ,so I thought, closed. All of this was done by a solicitor. Three and a…
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bit of advice needed, want to remortgage.
Hi guys, i took out my mortgage about 4 years ago, i have an abbey 3 year stepped discount which is now just at the normal rate. I want to remortgage at a higher value to get a lower rate possibly and also to get some money for home improvements. Sorry if i sound abit thick, but How easy is this to do?
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AMP Endownment Policy
Hi - I have an AMP endownment policy which has 13 years to go on it - is it worth paying into this any more? It was originally taken out as a Pearl policy. I have read a few comments from others stating I may be wasting my money by doing so. I no longer have the mortgage the endownment was taken out for - it has been…
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Re: Any mortgage out there for me?
What have you found so far Who is current lender - can they offer in house swap
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Remorgage - when should I apply??
HI Would appreciate some advice...... Currently on a two year fixed deal that is due to finish end of March this year. Im currently looking at new deals and have found a couple with the Portman Building Society which I keen on 2 year Fixed rate 4.85 ( all remorgage fees covered) 3 year Fixed rate 4.95 ( all remorgage fees…
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Age regulations for mortgage borrowing ?
Does anyone know what if any, restrictions are applicable to taking out a mortgage later in life. I am currently 47 and am a little concerned that with only 18 years to retirement I may be penalised or refused a mortgage. My details are below..... I earn 32k Wife earns 10k Want to buy at 150k Have a 25k deposit Mortgage of…
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Great easy way 2 donate £1.50 for the tsunami fund
please follow this thread and find an easy way to donate £1.50 to the official tsunami fund :) :):) http://forum.moneysavingexpert.com/cgi-bin/yabb/YaBB.cgi?board=Free;action=display;num=1104943049;start=0
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Seek Better Morgage Deal??
Hi, have a tracker morgage and get the base rate of 4.75%. Is there a better deal if i move? I pay £263 a month... any advise would be helpfull
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windfall!how can I limit tax burden?
I may be about to come into some money with a friend over a deal selling some land. Can we invest it in anyway ie a new business or property to avoid a big tax bill?
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Mortgage decision
Hello folks ... first post .. so go easy with me! Can someone tell me what checks are made by the lender inorder to issue a Decision in Principle / Agreement in Principle certificate? We have been to see the mortgage advisor at Northern Rock, and have been given one of these certificates (for lending up to a certain…
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The merits of re-mortgaging
I have a fundamental question that not even some mortgage advisors of well known high street Building Socs. have been able to answer – hopefully someone can on this board. On my theoretical re-payment mortgage of £100k I pay a monthly amount, say £500, meaning £6000 a year. Due to the way mortgages are set up, in the early…
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Remortgage Question please
Hi, I have a mortgage of 45000 and a further loan of £15000. Is is possible to remortgage from my current lender to a new mortgage company to cover the whole loan. Is this possible. The reason for asking is that i tried to increase the term of my futher advance and they dont do that any more due to cca regs. Im with B&B…
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Help Needed please
Okay i am currrently on a fixed rate mortgage with Nationwide and will be finishing it in June. I borrowed £75000 (of which i have paid off three years in june) and pay around £490 a month. I am totally mind numb with all these mortgage types and need help. I love the fixed rate route as i know that its set and i don't…
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Student Mortgage / Decent Deposit
Hi All, I am currently in my final year of Uni and currently have no student loan nor debts - plus due to being very luck have £40k stashed away. The idea of these savings are for a deposit on a house. Now, post Uni I will be getting an income of ~£15-18k pa initally. My questions are; does such a large deposit help out on…
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Is 15 yrs too long for a fixed rate?
I am looking to remortagage with NR (my current lender) and am looking at a fixed rate. They have a 7, 10 and 15 yr all at 4.99. They give a a little help with fees and I think it may be a good product for me as I sail close (ish) to the wind each month and any significant change in the SVR would be a killer. I know…
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Help!
MY friend took out a mortgage just over 2 years ago, she is on interest only and owes about 90k, she was with her partner at the time although he wasnt named on the mortgage it was taken out on the understanding that when his house was sold it would virtually cover the whole mortgage!(they have since split) Today she went…
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OFFSETS - THE BASIC
Ok understand them in principle, but where/what sites can I do comparisions ? I already have a mortgage for 30,000 and savings of 30,000 and plan take out another mortgage of 60,000 (90,000) in total... I want to pay off mortgage quickly while still having money in the bank - can someone confirm this is the way to go or…
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Mortgage Endowment Shortfall Claims
Does anyone know please, of the Best Company to undertake a Mortgage Endowment Shortfall Compensation Claim? I have only come across those that want to take 25% of a No Win No Claim Basis. :(
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redeem emdowment now to clear mortgage
Hi I have a mortgage endowment policy with standard life that began in 1988 for £40k. I currently have a £57k mortgage that is now split £20000 int only and £37k repay to take account of any shortfall. The policy as of Feb 04 was worth £13424. The policy matures 2013. The policy is getting closer to my £20k target and by…
