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Scottish Amicable Endowment - Payment Of Further Bonus
I currently have two with profits endowments with Scottish Amicable which were taken out in the mid to late 80's and they are due to mature in July and August of this year. In October 1997 Scottish Amicable was taken over by Prudential and as part of the take over certain promises were made to Scottish Amicable policy…
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Quick Response Needed
Hi All moneysavers I as you may or may not know am buying a house, FTB, Mortgage agreed in principle, House offer accepted, solicitors sorting out there legal jargon as we speak. I am still waiting for my final mortgage offer, even though verbally they have said it is coming, pending I presume the survey. I want to open a…
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Need a loan for building plot
My house is worth about £180k, and has no mortgage (well, 50p outstanding so that Building Society hold my Deeds for free!). I want to buy a plot of ground to build another home on, and need about £50k, for about 12-18 months. What would be the best (ie least cost!) way to do it? Remortgage, bank loan, .... Any advice…
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Time to get a mortgage... Help Please!
Hi there, I am a prospective first-time buyer, but I havent got the slightest idea in what I am doing in the property market. I was just wondering what my options are if anyone could give a bit of advice... Lets start with the 'good news'... My finances arent the best... I am on an income of about £21,000 before tax, so…
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Offset mortgage query
I remember reading differing accounts on the efficiency of having an off-set mortgage, but can't remember the salient points. In short what are the pros and cons of having, say a 40k mortgage but having it off-set with 30k savings ? My first reaction would be it's a decent idea as you'd struggle to better mortgage interest…
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Yorkshire Bank
I heard in the news that Yorkshire Bank is setting up a new way to get mortgage for the couples who are seperated or divorced, can you or anyone else shine more light into this matter & if it is a good thing to go for?
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endowment surender
Hi All My morgage is split into part repayment and part interest only. The discounted rate i have is just finishing, so i checked with a financial advisor about the best deals on the market. He looked at all the mortgages including the endowment which is showing a £15000 shortfall . He as recommended converting all the…
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New Mortgage
Hi New Here, Just was wondering, in the process of selling and moving home, just had the surveyor round our new property,and recieved report through the post today all looks ok,no problems just saying continue with modernisation and replace fixings in kitchen and bathroom. just was wondering on when we will be reciveing…
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How do you pay off a chunk of your mortgage?
My fixed rate with the Halifax is coming to an end in September so I am looking to remortgage rather than go to the base rate. In the time that i have been on the fixed rate I have saved like mad and now have a chunk of money that could be used to reduce the mortgage so the remortgage would be for a lesser amount. My…
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But 2 Let mortgages
I have 2 properties and am buying a 3rd: 1 'flat' (which I live in) on a repayment mortgage with the Halifax 4.99% the deal ends in Sept, £150 redemption penalty. 1 '2 bed terraced house' with the Coventry on a 'buy to let' mortgage 6.2%, lock in period has ended. I'm buying a 3rd '2 bed terraced house' B2L cost 50k. I'm…
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Can you sue a bank for emotional damage?
Can you sue a bank for emotional damage?Hi, as you can see im new. this may sound like a stupid question but it is a very genuine one. Let me tell you a story which now keeps me up all night and has me in tears half of the time. I am a Halifax customer. My partners mother passed away in April and we decided to buy her…
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First time buying, need advice..
Hi there Hoping some kind soul will be able to give me some advice on this. My situation is this..... My partner and I are FTB, we've found a house we like and want to put an offer in for £130.000. The problem is my partner is self employed and has only two years of accounts. We have asked his accountant if he would do a…
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Bank Of England Rate Stays At 4.75%
We'll the rate didn't drop as predicted so I think we're best grabbing the low fixed rate deals now before they put them up... Simon
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Daft people!
The other day I received a letter stating that the fixed rate part of my mortgage has ended and that it was going onto a standard variable rate. I have been thinking of what to do :confused: and as it was a small amount and I have a capped rate with them I phoned abbey. :D I asked what products were available and if the…
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10 year fixed. Opinions please.
Hi there, I posted my previous details here, and got some excellent advice. My gut feeling is that I'd like some long-term stability and have been reading the thread regarding Nationwide's 10 year fixed deal with great interest. I currently pay 4.99% on the bulk of my mortgage with C&G, and 4.89% for the next ten years…
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Renting rather than mortgaging & where in London
Hello, I moved to the UK a few months ago, precisely London. I still do not have enough experience or knowledge about the place here, but I learn a lot from this website and these forums; many thanks to everyone here really. I am married with a newborn baby, and my wife is a homemaker. I also make less than 20k pa. I have…
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Remortgage, credit scores and notes.
Hi All, I had a remortgage refused by the Halifax so got Experian credit reports for my wife and I. My rating was excellent, though neither of us were on the electoral roll, (must have binned the form with the election junk mail). I've sent the froms off to resolve that anyway. However my wifes credit rating sucks because…
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FTB looking to buy in the US- Advice needed
My wife and I are looking to buy our first home in the US what with low cost of property and the great exchange rate. What we cant work out is if it is better (or if we can) get a mortgage in the US with the low interest rates that they currently have there (and the convience of having all the money in US$). Or whether we…
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Remortgaging to reduce other debts
Hello I have noticed that people tend to be a bit wary about remortgaging to pay off other debts and as this is something I'm considering I'm wondering what I should be concerned about. Our current monthly outgoings are 320 mortgage + 700 credit card payments = 1,020. By releasing some of our equity we could clear our…
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Equifax / Experian
In my valiant attempt to clear my debts, I ordered credit check prints from both of these firms. What they showed was a bit frightening ! Both showed an open CCJ for £862 from 5 years ago. To the best of my knowledge, this was paid in full almost immediately. I need to contact the court for details now. Equifax showed a…
