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Advice needed please - 100% mortgage
I would love some advice please or opinions! Our situation is that my partner and I currently rent a property for £900 per month with £169 council tax and of course utitlity bills. We have four children (18,15,13 and 18mths) We recieve no help with the rent or council tax and both work. My partner earns £30,000 + £2,500…
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Mortgage Help
Can Any One Advise Me Please? At The Moment I Am Paying £365.00 Rent With Spare Cash Trying To Get A Mortgage, I Can Only Get 75k, Does Anyone Know Of Any Place Where I Can Get A Morgage For The Amount I Can Repay Rather Than 3.5 Times Your Annual Income That Way I Can Borry What I Can Afford to Repay THANKS :j
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let house and mortgage
Hello, I recently bought my 4 bed room house. Currently me and my wife use one bedroom and other three are empty. I start to think of letting one or two rooms out. Will the mortgage company know my letting (my mortgage is not buy to let one) and if they knows, what will happen? Thanks
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looking ahead for remortgage
I am locked in till Jan 1 2006,but am beginning to think about remortgaging.I have a sub-prime with BM at 5.99% going to BBR+2.25%.All payments have been made on time.I `phoned BM today to ask what happens after the 2 yr fixed and they said they will contact me in about 4 months.Also registered with L&C who will contact me…
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A whinge about Britannia BS
I moved into a new home earlier this year & doubled my mortgage with the Britannia as it would have been prohibitively expensive to move to another lender (redemption penalties). They gave me a base rate tracker for two years on the new lend after paying the usual fees, but refused to do anything about the rest of the loan…
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Do I have to admit to voluntary repossession?
Hi there, About 10 years ago I handed back the keys to a propery I owned and I am now thinking about applying for another mortgage. I have checked my credit report, and there is no mention of the repossession or anything else negative. So, when applying for a mortgage to I have to admit to the repossession? And if so, what…
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Help needed please.
My partner and I are looking to buy a home for the first time and would like a 100% mortgage which also combines a loan that would pay off our existing debts (16k between us). We have both had missed payments on credit agreements in the past but have kept these up to date regularly now and are comfortable with repayments.…
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Endowment compensation questions
First I must say that I have read a lot of the posts but can't find answers to my questions. Can compensation be paid for an endowment not now linked to a mortgage? We took out an endowment with NU/Natwest in 1989 for a £42000 Mortgage. In 1992 we changed to a repayment with another lender. Over the years we've overpaid…
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Currently Mortgage Free
Hello all, I've been lurking on the MSE website for a while now, and the time has come to make my first post!! As it stands my wife and I own our current property outright, and are therefore mortgage free. We are now looking to move, and the house has been valued around the £165k mark. The price range we're looking to move…
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Offset Mortgage for Buy to Let
On the subject of good offset mortgages, I have just remortgaged my Buy to Let propery and have moved to a Clydesdale offset mortgage. This is the first one I've found that is available for Buy to Let. I'm planning to build up an emergency fund for fixing the boler and redecoration so an offset is ideal.
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Stoozing and Remortgaging
We have around 15 K stoozed and I am currently considering remortgaging. Is this amount of money (all at 0%) likely to affect my chances of successful remortgaging? Is it worth paying them all off before going shopping? strange
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First Time Buyer!!!! Need Help!!!!
I am currently living in a rented flat with my partner, but we wont to get a mortgage to buy our own place, now getting a mortgage quite frankley scares the !!!!!! out of me. What I want to know is how much roughly I would be allowed ? I earn 14,500 a year gross, my partner is under 18 so the mortgage would have to go…
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Remortgage with poor credit rating
My wife and I have a mortgage with Bristol & West. We joined them four years ago. The reason we have them and not a 'better' mortgage company is because we panicked when we had money problems and went with a company called Bains & Ernst. It nearly broke us. Bad move. Now we are on a relatively level playing field and on…
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Equity Release - Not Loan
If I have put this under wrong catagory then apologies - heres my question - does anyone know anything or a web site we can look up info on Equity Release - my mum wants to take out equity release but not a loan she heard that you can do this in a way that you get money on your property and the lenders name goes onto your…
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Is it worth making an offer? and Mortgage advice please :)
We are almost finished doing up our house, and intend to put it on the market asap. However, we don't expect to finish much before August/September ish. We've also found the perfect house to buy BUT they are asking for best & final offers to be received by this Friday. I doubt that it's worth putting an offer in for the…
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Should i accept the first offer
I have been offered a sum (20% of projected shortfall) as compensation for my endowment not maturing as it should, does anyone think its worth refusing the first offer to try and get more money. Has anybody tried this??
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Offset Mortgage 2nd Charge
Hi there this is probally a long shot, but you never know. I am looking for an offset mortgage, for around £10,000 for 5 - 10 yrs. This in it's self is no problem, but i have already have a Mortgage which i do not what to alter, So the offset mortgage would be on a second charge basis. i am currently with Ybs, but my…
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Endowment claim - how much?
Like many, we have now had our endowment mis-selling (via Halifax/Std Life) upheld. We have received a letter from the Halifax asking us which method they would like us to use for the calculation; either to use their rates through the life of the mortgage, or to use the companies we were with. We had 8 years (from 1987)…
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Changing mortgage supplier proprty now rented
Hi My discounted rate mortgage has now ended and the Halifax tell me that, because my property is now let, I can only have the standard variable rate for the remainder of the term. Does anyone know how I can improve on this? I now live in Australia (I didn't add that just to brag!). thanks Gerry
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mortgage
We have 4 years left on our mortgage, and are in the process of changing from one lender to another, as our discount has come to an end, why is it that lenders only lend if you have 5 years or more, would it be ok if we were to say we have 5 left, then get a discount for 2 then move it again.
