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100%plus Mortgaes
Is there a building society in uk that offers 1st time buyers 120% mortgages to enable you to get a mortgage for say £130,000, buy a house for £110,000 and use the remaining £20,000 to consolidate your personal loans into the mortgage? giving you one monthly payment of around £800 For the whole lot.(house and loans)
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Selling a Sunlife policy
My other half has 2 axa sunlife policies which I have persuaded him to get rid of because the money is really needed elsewhere at the minute, plus he could do without having to pay them each month. They are both 15 year policies and one started in june 1996 and one in june 1998, the surrender values at the moment are £1803…
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Big Problems
I have an endowment mortgage with Bradford & Bingley Last year I took on an additional advance as a repayment to consolidate a few other ammounts. When I took outthe additional advance, they didn't want to know my oincome because I had buckets of equity in the house. The mortgage is a variable rate one but thge payments…
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Credit checks/scoring
We are hoping to apply for a mortgage soon (if we ever find a house/have an offer accepted/don't get gazumped etc). But I was wondering whether opening new bank accounts will adversely affect my credit rating? I have just applied to open an on-line current account with a new bank as I am sick of my Crapwest .0001% interest…
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sort of stoozing to pay mortgage - practical or not?
hi guys, this is just a query as ive been thinking about doing this for a while. i owe approx 22K on my repayment mortgage with Abbey, at the moment im renegotiating a repayment mortgage, as i have just cashed in my endowment, received some compensation and will have paid it off the original sum, leaving 22K left. This…
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What will I do with my money?
Hi folks, I am currently 25, in a good job (earning 18k), single and livng at home with my Mum. Its rent free as im trying to save enough to get my feet on the property ladder. I have 5k in the bank. Can any of you offer me some advice in what direction to go. Id like to buy to let a house for around 100k. Is this possible…
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First time mortgage for PT/Student
Hi, I am looking to buy a property of around £45,000 in Scotland. Our income between my girlfriend and I is about £18000 & £4700 student loan. My girlfriend is currently employed with two part time jobs and I am a full time student with a part time job. Is it unrealistic to expect to be lent this value? Neither of us have…
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Good Mortage Vendor for a 3 Way Mortgage?
Me and a couple of friends are fed up of renting places that we can do nothing with and are looking at the possiblity of buying. One of us (coincidentally the lowest earner) has already had a mortgage quote from HSBC at £60,000 so we figured we could look at houses up to about £180,000. We've started looking around and…
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Paying mortgage off?
Hi, Thanks
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Annual v daily interest - Part 2
Further to the excellent replies in my thread the other day (http://forums.moneysavingexpert.com/showthread.html?t=33376 ) I would appreciate your expert opinion on the way Portman operate with respect to overpayments on my fixed rate I am about to sign up for (I will be allowed to repay up to 10% of the balance without…
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Mortgage Query
I have a dillema please help!!! I already have a house, rented out, I still owe around £110,000 on it, I want to buy a house with the Girlfriend which is around £170,000 with a £10,000, I need to know if it will be taken into account that I have a property? Our wages combined come too £62,000 per year. Will it be a normal…
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Payment Holidays
We have a mortgage with the One Account and have been paying it as usual. We are thinking of taking payment holiday - reducing the amount we pay each month to perhaps £500 per month for the next three months, because my husband has started his own business (not self employed, employed by the Ltd Company), and can't take a…
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Mortgage Arrers
Hi - We need advice on what we can do re our mortgage arrears. Our finances will increase in June but until then we won't be able to meet the mortgage payments. This is due to unforseen circumstances. We've read that some mortgage lenders will spread the cost of any arrears onto the term of the morgage, can this be done?…
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First Time Buyers
My Boyfriend And I Are Planning To Buy Our First House Soon, After Renting For A Few Years. So Far We Have Been Quoted For A 100% Mortgage From Hsbc For 75k, But I Went To A Mortgage Advisor Who Was Worried This Was Too Much Based On Our Combined Salary (£23,500). He Went On To Tell Me About Co-ownership, Stating We May…
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Re-mortgage advice please?
I've always been something of a financial luddite to be honest, but my employer's imminent proposals with regard to our pension scheme has made me feel I want to be as unreliant on them in retirement as I can. I'm new here and if brazenly asking for personal guidance based upon one's specific circumstances is out of order…
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Please help!!!!!!!
We bought our council house in December 2003 with a discount of nearly £16000 from the council who have a second charge on the property until December 2006. We got our mortgage from the Natwest who are unwilling to lend us extra money unless it is for home improvements. We would like to raise £6000 to get married. We went…
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Mortgage nightmare - advise needed please
Myself and my now X have recently split and the house is up for sale. Luckily we have about 30k equity each expected from the sale. We have recently had 2 mortgage arrears in the past 6 months and are already through a high interest lender (I group) who considers people with adverse credit (which was 32k - now 3k). We pay…
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Surrender 19 year old Std Life Endowment?
Another question re my 40k Standard Life Endowment Minimun Cost Plan endowment which matures in April 2011, please. I pay £51.20 a month and have just received a surrender value of £18,530 ie Basic surrender Value of £18026 plus a Final Bonus of £503. What worries me is that it's value has decreased by over £430 since…
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accelerated investment endowment
we were sold an accelerated investment endowment policy about 12 yrs ago which we were told would pay off the mortgage in roughly 16 years. we want to sell the policy but have been told there's no market for this type. anyone know what the situation is?
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Dual Mortgage Query
Just after a bit of advice please :) Currently have a house on the market for £230K which has an outstanding mortgage balance of approx £48K. I don't want to rent this property out - I just want to sell it. Due to having a new job elsewhere in the country, I am having to rent a property at the new location for £550 pcm. I…
