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No such thing as a stupid question, but...
I 've only discovered this site today and already spent far far too long browsing, but I would like to ask a question which might have already been covered, so please be patient. I have 4 mortgage accounts totalling ~230k, one of which is a 63k interest only account backed by a Standard Life endowment (with about 6 years…
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Mortgage protection- illness cover - query med history
Can anyone recommend an illness cover for mortgage protection. My illness cover with my first mortgage 3 years ago was covered through my employer. When I moved jobs I needed to get the cover through an ins agent. I have suffered from some depression in the past and did not know that it would be an issue and that some…
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100% mortgage (bridging ??)
Hi If someone could advise me it would be appreciated. I am self employed, and no I dont have full accounts, I do earn very very well between £120,000 and £180,000 consulting to an overseas company I have split from my partner. and we are selling the house, although this may take a month or 3 to sort out. The equity I will…
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george wimpey ???
if u look at previous posts was adv that endowment in 1986 was sold by wimpey insurance brokers ltd..... now got a letter in from l & g with dets that it is george wimpey & co i contacted them and they advised that they took over 5 yrs ago and all claims are being passed to fsa to deal with??? im lost
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endowment mortgage
I have 7years to pay on my endowment mortgage (SVR) of £100/month. I intend purchasing new property and will have a new mortgage of approximately £100,000. What do i do with my present Mortgage? Continue to pay it?
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Bank of England's base rate, will it fall?
Hi Thanks for all the tips on this site. I've taken all the advice and I'm hoping to move my mortgage to a better rate. I've found a tracker mortgage with First Active that looks very good. It's rate is 4.75% until 2010, but the tracker will not fall any further than 4% even if the base rate does fall further. So back to…
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shared ownership re-mortgage
Hi everyone, May I explain my situation and seek your experience and advice. I own a 25% share of a housing association house.I have a repayment mortgage on which I owe £11000.I also have an outstanding loan of £5000.I wanted to re-mortgage my share to pay off the loan,the rationale being I could reduce my monthly payments…
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Nationwide
Hi, we have sold our house for £104,950.00 and had an offer of £98,000.00 accepted on the property we are buying. We are with the Nationwide and have a mortgage of £61,000.00 left. We have had a few problems paying our credit card and a first national loan but we have monthly payments set up now. We were told a while ago…
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initial interest??! pay an extra 200 on the first payment??
basicly im in the final stages of buying a house, and i got my mortgage offer stating i will be charged an extra 200 pound for initial interest??? on the first payment. The offer says it presumes we will start the mortgage on the 16 of july? and payments will be made on the 1st of every month the way it was explained was…
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Help needed, remortgaging hse thats up for sale!
Hi, first time on the forum but here goes....my house is up for sale and just accepted an offer. However my current mortgage rate/offer ends at end of month and increases significantly. Should I remortgage on a deal that is not fixed at all (if such a thing exists!) or should I just pay the increased mortgage in the hope…
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House Deeds.
I am about to get a mortgage. I want to be solely responsible for the mortgage, and have the amount determined on my income alone. But I want the deeds of the property to be jointly held with my wife. Will my mortgage lender allow this? My wife's income is very low, and she has virtually no credit history (either good or…
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Interest only mortgage.
I've been toying with the idea of buying a large house in the area and after a year or 2 starting to do B&B. The house is located in a popular tourist area and I was brought up in a guest house so I know the business. The amount I would need to borrow is 4 to 6 times my income at present. Are interest only mortgages a…
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2n home and new mortgage?
I'm considering urchasing a second home for my mum who is returning from Yorkshire to Durham. She is looking for somewhere to rent long term and If I could I would like to buy a second home and rent it to her. I'm just wondering how to see how much I can afford? current equity in my home is about £40,000. We would be…
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Help me find the best mortgage deal . . . .
Hey guys I have just had an offer accepted on the flat - got a bit off thanks to all the tips on the MSE forums :) . I now need to get my mortgage sorted pronto . I have been checking out all the big players, and have contacted a few brokers . The best that I have been offered so far is : Abbey 4.59 % ( -0.16 below BOEBR )…
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best tracker for remortgaging?
Hi Am looking to remortgage and bring down our monthly repayments. Currently have a flexible mortgage with Coventry (we like the option to overpay), which tracks at 1% above base rate. Our outstanding loan is about £64,000, 20 years left, house worth about 200k. I realise I wll probably have to pay fees to a new lender,…
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Halal (lawful) Mortgage
Hi. As muslim it is haram (unlawful) to take regular mortgages - as interest has to be paid. I know HSBC do a halal (lawful) mortgage but wondered if anybody knows any other alternatives out there. Thanks in advance
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Help?! Self employed need advice.
Hi does anyone know if you can obtain a 125% mortgage when you are self employed or any other similar options, am desperate to get on th property ladder and trying to find best way to do it!
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Can’t get a mortgage.
My girlfriend and I have been living together for Five years. Both nurses, I bring home £25,000 a year and she gets £22,000 a year. I had a defaulted mobile phone account for £400 five years ago when I was a student. Paid it off in 4 months. That is the only credit we have had between us no credit cards or loans. Paying…
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as the name suggests
As the name suggests I am extremely confused by the 'portable mortgage'. My house will shortly be going on the market at offers over 155k. We owe on our mortgage 102k. Our mortgage advisor suggested a 'portable mortgage', where he said that our mortgage is transferred to a new property. New property will be in the region…
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as the name suggests
As the name suggests I am extremely confused by the 'portable mortgage'. My house will shortly be going on the market at offers over 155k. We owe on our mortgage 102k. Our mortgage advisor suggested a 'portable mortgage', where he said that our mortgage is transferred to a new property. New property will be in the region…
