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First Time Buyer help Please!?
Hello you lovely lot of clued up mortgage guru's My fella and i are trying to buy our first house. We've seen the house that is so perfect for us, we have a mortgage agreed in principle( i think thats what its called) and all we have to do is make the offer to the vendor. We understand the whole process off the surveys and…
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No deposit
I would like to buy a flat (my first) but I do not have any savings. Is there any way I can achieve my dream?
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Portable mortgages - what's the caper?
Ok, so my first post, and it's a bit of a drawn out one...... I am currently looking to remortgage as my fixed term has come to end, and there is no outstanding penalties. I'd like to get another 2-year fixed-rate product, however I am expecting to be looking at moving home (and hence increasing my borrowing) in 6 months…
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Norwich Union Endowment Future Rating/Poss Sale !
Just rec my yearly statement to find I have been given a bonus of £17 !!!. Norwich Union says that the independant agency standards & poors have rated them as 'AA (VERY STRONG). I am thinking of selling the plan and getting out of it all together but with this rating I am now thinking again...any advice greatly rec !!…
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First Direct
I'm presently with the Halifax at a rate of 4.74% on my mortgage the payment is £350 pcm to the Halifax, I owe 52k, value of my property is 130k. I want to remortgage in order to borrow 7k, for a deposit for a second Buy to Let that is costing 50k. I just spoke to the Halifax, they won't lend me the money, on the grounds…
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A rant - advice welcome
I am able to pay off my Halifax mortgage a little early. :j BUT the 'administration fee' has gone up 4 times in 18 months from £50 April 2004 to £175! Disgraceful. I really do not want to pay this penalty. :mad: Any suggestions, experiences, opinions very welcome. I am just hopping mad!
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Remortgage Or Personal Loan?
Hi, I would like help to decide what is best to do though my problem seems very small compared to others. My question is do I remortgage on a fixed rate, try to get a personal loan which also includes my mortgage (so my mortgage is, in effect, paid off), or leave things as they are? I have been unable to work due to ill…
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Mis-sold endowment policies
Hi I am a new member of this site forum. I have 2 under-achieving endowment policies which are due to mature 2012. Two leading insurance companies. I have taken steps to cover the predicted shortfall's by increasing my repayment mortgage. However, I was sold these policies with a promise of not only repaying all monies…
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contract work = mortgage application problems?
Dear all, I found very useful informationa about house selling/buying on this forum, that helped a lot in the last two months (while in selling and house hunting stage) . That is over now and I am hoping that the stage of "mortgage board" would be as successful. I would be grateful if any of you had similar experience…
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Paying off Repayment Mortgage
First, thanks to Martin and everyone here for a fantastic resource! You all deserve medals! I'm not a newbie MoneySaver, but it came as a BIG SHOCK to me the other day when I realised how much my mortgage (I owe 68K over the next 17 years, with HFX at 6.75%) is actually costing. I shall be paying back 2.1 times what I…
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cashing in endowment policy
I wish to cash in my endowment policy which began in 1987 and finishes in 2012. Is it best to cash it in through the company it is with or sell it to a finance company?
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getting a mortgage
will it matter if i don't have that much money in my account at the moment when applying for a mortgage?
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Re-mortgage, looking for a better deal? Any recommendations??
My husband and I are looking to change our mortgage, our current deal has almost expired and we have no redemtion penalty, so are just having a look around to see what there is... We are also expecting an addition to the family, so there will be a change in the working circumstances in the future... I am the major earner,…
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Is it worth complaining?
I'll try to keep this short! I am remorgageing. On 03/06/05 I received a letter from the solicitor working on behalf of A&L my new lender to say there was a shortfall in the redemption figure of £3,637.37.This I paid immediately by debit over the telephone.(this figure included a morgage payment of £400.05 which had not…
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ISA Mortgages vs Repayment
I recently went to a financial advisor and he really pushed me to have an ISA mortgage. However, I've since opted for a repayment as I was worried about the possible shortfall. (He arranged my mortgage through Northern Rock - it was the only one on offer as I had no deposit) The ISA did include critical illness and death…
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Nationwide BS Fixed rates down ??
Can anyone tell me if I am correct or imagining things. Has the Nationwide just reduced it's interest on fixed rate mortgages again? I'm trying to decide between fixed or tracker and this looks to me they have reduced the rate by 0.2% Fixed rate mortgages Term Minimum Deposit With £389 reservation fee 2 years 4.49% 5.9%…
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Endowment Shortfall
Is there anybody out there who can give moi a little advice on my Endowment.I took out a Endowment with a Insurance Broker cant find the company anywhere no longer at the address(now a Hairdressers) back in December1987 for £33,500 Latest predicted shortfall @ 6% is £6,300 NOT IMPRESSED.After reading many comments totally…
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Endowment policy not used for mortgage purposes
Hi I wonder if anyone could give me some advice? Before we met, my husband was sold a CIS endowment for £15000 , paying £23.70 a month, in Sept 1990. At the time his wages meant he was in no position to buy a house. He was then approached by CIS again in 1993 and took out an additiion endowment for £20000, paying £39.90,…
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Self Certification Mortgage - Any advice?
I have a mortgage on my main property and am on a salaried income. I am also self employed, however have no proof of income on this income. I am looking to use the second income to invest in property. I wish to keep this separate from my main income/mortgage so do not want to have anything secured on it. Can anyone advise…
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Northern Rock
Hi, does anyone know if you can apply for a together mortgage with Northern Rock, if you are self employed??
