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help! need to remorgage but have poor credit history. Any suggestions?
we currently have a morgage with SPML (SOUTHERN PACIFIC MORGAGE LTD), since last august. we were with preffered morgages before but went with these after. myself and husband have had a poor credit history in the past but is all clear now, we have no credit cards loans etc (morgage only) and have never been in arrears with…
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Help, Mortgage Advice gone Pear Shape, (from a Financial Advisor
Hi My partner and I went to see a independant mortgage advisor (IMA). He advised us to apply to the C&G for our buy to let mortgage. We have just be turned down for this mortgage, because the C&G take into account our other mortgage that we have applied for and they think we are over strecthed. We explained our full…
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To have a Mortgage or not
This might seem like a silly question but if I have the opportunity of paying off my mortgage can anyone think of a good reason for not doing so! I do intend to move in 6-9 months time and will be taking out a higher remortgage at that time anyway. Any thoughts?
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Mortgages for PhD Students
My partner and I are looking to get on the property ladder. He's employed and I am a PhD Student on a small bursary for the next three years. We're looking to get a joint mortgage so we can afford something a little bigger. Sadly, we can't find a lender who would be prepared to consider my bursary as income. Has anyone…
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Red-letter Endowment: now what do I do?
I recently received a 'red' letter in relation to my old Scottish Amicable endowment policy (a 'with-profits' policy). I have already explored the mis-selling avenue, but no joy there. Anyway, should I continue paying the premium, or make the policy 'paid-up' and put the premium into an alternative investment? Or something…
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Help? :s
I am in a tricky situation with regards to my current mortgage and wonder if there are any suggestions or advice to help? My current deal is about to run out with Halifax in December which was a two year corking deal at 3.75% or very similar. As you can imagine, when this ends I will automatically go up to a much higher…
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Paying off your mortgage
I have recently been left some money and wonder whether if would be advisable to pay my mortgage off or use the money to offset the mortgage. Any advise would be welcome.
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Best 'buy to let' mortgage
Hi Folks Does anyone have some advice on where to get the best 'buy to let' mortgage. I really want something sub 4% if poss - but am not having much joy. Thanks in advance John ;)
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surrender endowment or not ?
good morning all, i currently have an endowment policy with L&G which has 9 years to run until it matures. Its projected maturity values gave me significant shortfalls so i complained. They have upheld my complaint and offered me compensation which would allow me to surrender the policy or give me a calculated lump sum and…
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A&L Mortgage!
Hi, I really fancy an A&L 5yr fixed rate mortgage at 4.44% and am dying to get things underway. We need to borrow 3.5X our combined salary and, it looks like A&L would be prepared to do this. Our current mortgage deal and redemption charges end on 1st Jan and, A&L have said any offer would be valid for 6 months, although…
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Mortgage Application Checks
Hi there I received an agreement in principle a couple of months ago and now wish to proceed with an application. The only problem is that since I received the agreement in principle I have changed jobs. I have heard that many lenders are wary of you if you haven't been in a job for long, so was just wondering whether I…
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Just realised Mort. co cancel valuation fee auth.
I checked my balance on Thursday night and my available balance was minus the valuation fee. However I checked tonight and it's back to normal. I called my bank who said that it can happen if the company cancels the transaction but couldnt tell me anymore. Now I'm really panicing. I was told on Thursday morning that it was…
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Windfall
My endowment mortgage pays out next month from Standard Life, thankfully not with a shortfall. I am told i will no longer be a member and so will not qualify for expected windfall which seems a bit mean after having paid premiums on time for 25 years. Does anyone know of a way around this. Bill
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Endowment Mis-selling Claim Can't get compensation
Hi, My husband and I used a company for our endowment mis-selling claim. They have said that as the policy was sold prior to 1988 ,we took out the policy in november 1985 by an independent financial advisor. That policies bought before April 1988 were taken out before the introduction of the current financial service…
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Buying Property Abroad
I am looking to buy a property abroad in a few years time but am fazed by the wealth of firms promising you the "property of your dreams". What is the best way to ensure fairness of price and good advice. Any advice on this subject would be most welcomed.
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buying in london; is it actually possible?
I am living in London in a friends house and paying him cheap rent which is great, but feel as I am in my late 20's i need to buy somewhere to live. All of the houses/flats in london that I would want to live in are all large fractions of £1MIllion. I have found a derilict, tiny, house that i like and would like to buy to…
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1st time buyer - Confusion and Misery!!
Hi there, I'm 22 and looking to get a mortgage with my partner. Had some preliminary independent financial advice a few months ago, and he advised us that on our combined salary (£37,000), we could afford £105,000. Thing is, the house range we like is £110-£115,000. Don't really have much of a deposit, though we have £1000…
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Should i change to Repayment ?
Here's a quick history...we started an endowment mort in 93.(60k) We moved house in 01, so took out an extra endowment (100k). So, now we've got 170k-ish to pay over 20-ish years. Having been paying in so much for so long into the endowment bits, are we mad to change? or mad not to ??!! Thanks in acticipation. Davy
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Which Mortgage?
Hi I am completely new to this site, but have already sent off for the cheap mags + freebies! I have no financial savvy at all (hence the name). Current mortgage (2 x year fixed) due to finish in a couple of months. Value of house is approx 275,000, current mortgage remaining is 79,000. However, hoping to sell within the…
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Britannia remortgage - is this right?
I have recently gone for a remortgage with Britannia which offered free conveyancing (excluding disbursements). the bill from britannia has come back with £16 for disbursements (split between indemnity fee, land registry view and A94B94 search), but the conveyancers have added £70 for a Land Registry fee (registration).…
