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Portman INCREASE Their 5 Year Fixed
Following the BoE rate cut last week, we have been draggging our heels on applying for Portman's 5 year fixed at 4.45% mortgage. In the end we caved in (needed to get cracking with moving our purchase on) and applied for it on Tuesday. Today Portman have announced an increase in their 5 year fixed rate to 4.59%! :eek:…
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Rejected by C&G due to lack of block buildings insurance
I've just been rejected by Cheltenham and Gloucester. There is no block insurance (often part of the service charge) for my BTL flat. I have buildings insurance myself and an indemnity policy to cover me for un-insured damage but C&G rejected my application. Any ideas about how I might persuade the C&G to change their…
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Short term Finaince for House Build
Hi, I am undertaking a self build next door to my main house. I want to borrow about £250k but only for 2 years, just while I build the new house then sell old one and move into new house. Whats the best way to finance this, I can use main house to secure a loan upon. TIA
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what advice do i give to my friend about mortgage?
his mortgage is about 6.5k, flexible and no tie in. he regularly overpays. he owes about 3k on credit card (he applied for it after i told him about stoozing) and his 0% introductory offers ends in feb 2006 (i think). he used stoozed money to pay off part of mortgage. my friend is paying about 6.4% on mortgage which seems…
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Northern Rock Together Mortgage Advice
We're about one and a half years into a Together Mortgage with the Northern Rock. With the mortgage and secured loan, we borrowed 107% of the property value, and are on the SVR. As part of the deal we got £1000 help with fees, which we need to repay if we switch within the first 3 years. Our flat has gone up enough in…
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YBS application fee - is this right?
I wonder if any of you can help. My fixed rate with YBS is coming to an end in October. They've offered me another product (3.99% until Oct 06 followed by 4.69% to Oct 07) which I want to take. The only thing is, there is an application fee of £690 (which can be added to the mortgage). Not all of their offers incur an…
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Interest only or repayment
Is your Buy to Let a repayment or interest only mortgage? What is your reason? I have 1 B2L on an Interest only and am about to buy another the same way. And from what I hear experienced Landlords buy on Interest only deals. But if I'm viewing my houses as long term investments, should I turn my mortgages into repayments?…
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B2L search
I'm searching for a Buy To Let mortgage. My brothers girlfriends father is helping - he's a mortgage broker. I plan to have the house for many years, 5 or more. He's found this one, I forget who it's with but here is the deal: £315 fee (valuation) + £653 (arrangement) fee which is 1.5% of the loan (£44200) after putting…
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Does this mortgage exist?
We're off to see a mortgage broker for the first time tonight. We are FTBs with a joint annual income of £45k and have £10,000 to use as a deposit. We have no other loans but do have a balance of about £2k on a 0% credit card (this balance is being reduced each month not added to, I might add!) What would like to find is a…
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Safron Walden Deals Anyone
Just found The Safron Walden BS (swhebs.co.uk) offers a 2y tracker at -0.05% BoE followed by their standard rate 6.59%. Still there is no redemption charges after 2y so one could either move elsewhere or perhaps persuade them to be moved to their own lifetime tracker, currently at +0.20% BoE. The website is rather…
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equity
Has anyone got a good deal on equity release? I'm looking for the best deal on a fixed amount per month when I finish paying for my property next September.
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self build mortgages?
I've seen a lovely derelict warehouse property in a seaside town which I'd really like to buy and convert into a house with my boyfriend. We are both first time buyers and self-employed. Could anyone advise me who might provide the best deal on a self-build mortgage (particularly one making stage payments in advance rather…
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Advice please!
Hi I need some general advice on how existing debts effect mortgage applications. To explain thanks to an ex-girlfriend I am left with 12k on a loan and 3.5k on credt cards. She has also cleaned me out of my savings bar a few hundred pounds. As I am going to be left with this debt for a while I am worried about how it…
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Where to go for quick redemption mortgage
Can someone please advise the best place to start - we need a mortgage to buy next doors property, but only short term as we will re-mortgage to build an extension joining both properties together. Also my husband is self-employed/company director and only has a salary of £4,800 but dividend payments of over £25,000. Will…
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Redemption penalties
Can anyone advise me. I am stuck in the worst mortgage in the world and I want out but it will currently cost me around £6,500 to get out before November 2006. Is there another lender that might add the redemption penalty to a mortgage so I can afford to change lenders?? Does anyone have any good ideas or advice?
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Help required selling an endowment
I am trying to sell my endowment but some companies will only trade with profit policies. I have managed to find some companies on the internet that will consider a unitlinked with profits fund but when I try to fill out the online form I have to declare the bonuses in cash terms attached to the plan from the start date…
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Mortgage start date question
Hi, my wife and I just moved to our new home; we are very happy with it :D We completed the purchase on Monday 1st August. However, our mortgage provider, the A&L, says our solicitor requested the money (£140k), on Thursday 28th July. The A&L did this and have charged us the interest between the 28th July and 31st July…
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Standard Life Assurance. Reduced final bonus.
We have recently been offered compensation for mis-selling of two Standard Life mortgages by Abbey. The one matured on 8th August and was supposed to be nearly meeting its target of £23,200. On 4th August, SL reset their final bonus payouts and the value dropped by £1,650 overnight. Luckily, we had not yet accepted Abbey's…
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Fixed rates could be repriced slightly higher (due small increase in swap rates)
I know there are a few of you holding off applying for fixed rates since the rate drop last Thursday. Just to let you know the swap rates have moved slightly higher, this could easily reverse, however if they remain at their current level we are likely to find the next batch of fixed rates are priced marginally higher.…
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Yorkshire BS Offset Mortgage 4.74% 5yr FIXED ?!
Hi, My current mortgage deal finishes in November and I'm looking out for the way that 5/10 year fixed rates are going in the next few weeks before making an application. I'd like the security of a fixed rate because I have a large-ish mortgage and I don't want to be doing this research every 2 years and shelling out £££…
