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Quotation Searches
Okay I have answered about this in several threads and it is now starting to bug me. I have not always been a fan of everything Halifax have done in the past, but something that I have got to give them and the rest of their group (HBOS Group - Halifax, Bank of Scotland, Birmingham Midshires, The Mortgage Business) credit…
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Woolwich Open Plan Mortgage!
Hello, I have a £100,000 Offset mortgage and I am in a position to pay it off completely but I was wondering if it is more expensive to pay the motgage and redemption off in one go or,to increase the monthly payments and pay it off quicker. Sorry if this sounds a daft question but I am coming to terms with the death of my…
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Help - i want 2 buy a house but i'm all confused!!!
Hi all Hope u guys can help. At the current moment i live with my parents and they are willing to transfer the house under my name as i have just payed their mortgage for them. Considering the house is now "free" i want to buy another house for me to live in. At the current moment i have seen 2 houses which i am interested…
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Mortgage Dilemma
I would like to remortgage but plan to move from my present property in just over a year's time. How would a move impact any remortgaging decision I make? I have considered the following options: a) Tracker 1.9% above base rate (currently 4.69%), no fees, or redemeption penalties after 2 years - portable. b) 2yr fixed at…
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new property - larger mortgage possible?
i have just seen a house that is a very tempting buy but i have a fixed rate mortgage for £80k and i would need to up it to £100k to purchase the new house. my current fixed rate mortgage runs out on the 01/12/2005, i have a redemption fee if i change providers before then. (halifax @4.3% fixed 2 years) What would me…
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Too many credit searches?
Hi all, OK, we're in the process of buying a house - not had our offer accepted yet, but looking into what mortgage options are available. I looked on the Nationwide site to see what was available, and in order to get a Decision in Principle they need to do a credit search. I filled in all the usual, and lo and behold they…
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Mortgage connected to an ISA - Advice needed!
Hello there, I would appreciate some advice. Our current mortgage is splut 50/50 between a repayment and an interest only mortgage linked to an ISA which is supposed to be paying off half of the mortgage. We had the ISA about 5 years and unsurprisingly it is underperforming considerately. I can't really afford to put the…
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Can paid up policies be sold?
Hi I wonder if anyone can help me? Does anyone know if paid up endowment policies can be sold. We paid it up in March 2004. Thanks in advance
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Nationwide first payment - double??
Just remortgaged from Abbey to Nationwide interest only fixed for 2 years - completed on Aug 1st. On Friday received the first payment information, first payment on Sept 1st will be the standard interest (£528) plus an additional £548 for the month of completion. Speaking to Nationwide this is an additional payment for…
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Bridging Mortgage
Hi Was looking for some advice with regards a bridging mortgage. Not sure if it would be viable or not? The situation that I am in is: I have seen the house that I would like to buy at a very reasonable price of £235,000 the seller is looking for a quick sale hence the price. The only problem is that I don’t even have my…
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FTB Mortgage checklist, ideas please!
Me & my girlfriend are looking into getting a house very soon, we've not checked what we can borrow yet but i'm getting together a list of things that we need to check, so far its small & i'm hoping people can provide some more! This is not a perfect list, i appreciate constructive criticism & i'll try to edit it with…
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Remortgage Query
Hi I am in the middle of a remortgage and my new lender is charging me £30 to transfer the money to my conveyancer...my conveyancer is then charging me £35.50 to transfer the money onto my old lender to pay off my old mortgage! Is there any way round me having to fork out this £65.50?! Are lenders happy to transfer the…
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New mortgage
My current mortgage deal discount ends beginning of Nov. so I am going to start looking for a new deal. Currently with Abbey. My mortgage is about 13% of my house value. I have two dreaded endowments :eek: which are due to mature in 2010 and I have an ISA which I have been paying into everymonth for the last few years to…
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Interest Rate change to be passed on???
Does anyone know which lenders are going to pass on or change their current mortgage rates in light of the BOE's decision last week? In paticular I am looking for information on A&L as I am due to change my product with them this month!
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I want to help my daughter to buy a house
My wife and I want to assist our daughter with house purchase. We are both 59. Both work part time, me due to health, wife due to bringing up 6 year old grandson. We are thinking of giving our daughter £80k plus from remortaging our house (worth £350k). What is the best way to go about it? Equity release or remortage? We…
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Endownment Policy Surrender.
Surrendered Prudential policy march 2003 just realised may have a claim. Problem is paperwork thrown away except for policy number will the Prudential give me the information i need to make a claim?
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Virgin one/HSBC/Endowment
I currently have a Virgin One total balance = 98,700 breakdown of that is: 52,000 interest only - 9 years remaining 46,700 repayment - 22 years remaining endowment will have a shortfall of 19,000 - 29,000 (9 years) and the endowment payment = 71.20 per month. So in total my mortgage payments are 588.64 per month, this…
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considering letting
It was suggested I contact my mortgage company to tell them I am considering letting my house due to a job relocation abroad, the mortgage company told me that if I am going to let I have to transfer my existing mortgage to a buy to let type. This would incurr penalty charges as I am 26 months into a 36 month redemption…
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need advice please
hi everyone, not sure if anyone could advise but this is my situation, My relationship has broken up and we have a mortgage together 50/50, i am planning to leave the house with the kids (i know its not the norm but he wont go and i dont want to force him) was planning to rent somewhere. However i would need to claim…
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cashing endowments-what to do
I am thinking of cashing in two endowment policies, a Standard Life with profits and a Norwich union unit linked. They are worth £21000 jointly when cashed in. I have a mortgage of £71500 at the moment, part interest only and part repayment, It is a fixed interest and would incur a £1000 early part repayment charge. If I…
