-
Nationwide launches a 10 year fixed rate mortgage
On April the 1st, Nationwide will be launching a new 10 year fixed rate mortgage @5.19% (unless it's a joke) [url] http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=657[/url]
-
Mortgages on freehold flats!
I am not quite sure if this is where a question goes as computers and me are new to each other. However, my question is as follows can anyone recommend a good remortgage deal for a fixed rate on a freehold flat. They are a unique type of prpoperty and to date I have only be able to borrow from one lender. This being "The…
-
Okay I don't earn enough to buy a house! Help!
My boyfriend and I are looking to buy a flat/apartment in Manchester close to city centre.I earn 20,564 and he earns about 16,500 so my bank agreed to lend us 110,000 which I thought was alright. However this isnt enough! We need at least 118,000 to buy a suitable property. We've been looking for a while now (since Jan)…
-
What Can We Do???
I have a big problem. We have sold our house and have offered on the house we want. My husband has excellent credit rating, unfortunately, I don't. I have a CCJ and two defaults. Abbey have today refused us a mortgage. Is there a way that we can borrow just in my husband's name as I know some lenders lend more x a single…
-
consolidating loan into first time mortgage
hi there, i'm looking into getting my first house and would prefer to buy rather than rent. my only problem is i am currently paying back a loan at £298/month which is hindering my options. is there any lenders out there you can suggest which will allow me to consolidate my loan into the mortgage, so that i only have the…
-
The One account
Just changed my mortgage to The One Account. Has anyone changed to this recently? Would like to hear anyones opinions or experience about it, good or bad!!
-
Self Certified AND poor credit - is there a half decent mortgage I can get?
I re-mortgaged a year ago and got an absolutely terrible deal. At the time I was just so desperate I took what I could get but now I realise it was a mistake. The mortgage was discounted for 18 months but I'm "locked in" for 5 years. However, I think it may be worth paying the early redemption penalty to get out of it…
-
We will fight your endowment claim
I have received this letter from a firm offering to fight my claim with L & G, they charge 25 % (+VAT) if the claim is a success. This fee seems a bit steep, has anyone used one of these firms, if so what were you charged and were they any good ? Thanks
-
Mortgages
Hi All, Just a quicky..... I sold my house over 18 months ago due to mortgage arrears and came out of it with paying the legal chaps an extra £2,000 just to finalise the sale and get out of it. We are now living in a private rented house and sick of paying out dead money. What my question is this. Although I have had…
-
Remortgaging to avoid CGT?
We bought a house recently and renovated it. We plan to sell it on for a profit which could be in the region of £50k. Assuming the valuation comes in at the level we are expecting, can we re-mortgage the house for the new, full amount, then sell it? We wondered whether this is frowned on by the Inland Revenue or perfectly…
-
Mis-sold endowment claim, where now?
I have been told by the FS Ombudsman that they cannot pursue my claim for compensation as the Adviser who sold me the policy is no longer trading and was a member of FIMBRA. I don't know WHY that makes any difference (don't particularly NEED to know now!) but they said I would have to pursue my claim "through the courts".…
-
Consent to lease (Halifax)
Hi Peeps, This is my first time out! I need a bit of advice... I have moved to a new property and the one which I'm leaving from needs to be let out. Halifax, my mortgage lender have said I need to fill in a consent to lease form. Which they say they can refuse (the consent). On what grounds can it be refused? They have…
-
Fixed Rate Renewal
I have a fixed rate repayment mortgage (£98k o/s) with the Nationwide that ends in May. I can take out another deal now without penalty and have been told that rates with Nationwide will change on the 1st April but they cannot tell me whether they will go up or down. All they know is that the new 10 year fixed will be…
-
Halifax Advisor/Standard Life Endowment Compensation ?
My wife took out an endowment in 1986 with Standard Life via a Halifax Building Society Financial Advisor at the same time she took out a mortgage with the Halifax. At this time it appears that Halifax's Financial Advisors were not tied agents of Standard Life. My wife was a single woman at the time and was advised to…
-
Stress - Commercial Mortgages
My partner and I opened a hairdressing salon last year and rent the property in which we operate. Our Landlord has offered to sell us the property for a heavily discounted price, as his 91 year old father-in-law lives in the flat above the property (which we would also be purchasing) and they want him to stay there for a…
-
Nat West TV Offer - Has Anyone?
Has anyone taken up Nat West's TV ad challenge? - Cheaper monthly mortgage repayments if your existing mortgage is with Abbey, Halifax etc. or £100 cash. I have been told I need to make an appointment with a Mortgage Advisor and am wondering if it would be 'worthwhile' or if there are any hidden conditions which meant they…
-
Equity Release
My husband is about to retire. Our income will be reduced to our conbined state pensions, plus government handouts. Does anyone have any advice on, or experience with, taking equity out of our property and, either living on it or investing it and living on the interest?
-
Alliance & Leicester - my experience
I recently remortgaged to the A&L who asked for my credit card details so they could charge £280 to carry out a valuation, as we are thinking about moving we thought we'd live with it so we could get an independent report as to the value of our home. However, the mortgage was completed and no one had been in touch. This…
-
Cheapest Fixed rate Buy-to-Let in Scotland
Any ideas about the Cheapest Fixed rate Buy-to-Let mortgage for properties in Scotland? The cheapest I have found is: Llyods TSB (scotland) 5.29% Fixed This can be fixed as long as until March 2012. I am unsure of the early redemption fees. Do you know a cheaper one?
-
What would you do?!
Ok... I'm 22 and live at home with my parents. My salary is £23k and save £500 a month. I haven't received any help from parents or family, what I have is what I have earnt so I appreciate it a lot more (Thought I'd get that in!) I have recently purchased a flat for £66000, I paid 5% deposit, interest only mortgage. The…
