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Joint Mortgage with friend options
Hi all, now that i can see light at the end of the tunnel with regards to my credit card defaults, i can finally afford to buy a house... a friend of mine also wants to buy a house, so our plan was to buy together for a couple of years then move on when the time is right. As we are looking at properties up to £150k, we…
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Building Societies.. "Meeting Obligations"...
:money: I'm thinking of remortgaging to another Building Society called Hinckley and Rugby BS who state on their website that they are regulated by the FSA on 206043 and that they are covered by the Financial Service Compensation Scheme (FSCS). My remortgage would be for £60K however, I felt uncertain with the details they…
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30 or 35 year mortgage
Looking to move house and will need to redeem our current mortgage which has 20 years to go. Fixed rate ends in Nov and we wont move til around June time so the redemption cost is not too bad. Need to borrow an absolute max of £150,000 but likely to come a couple of grand under this. As we are both 32 we said we would…
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Mortgage Payment Protection advice?
My husband has been off sick for six weeks now, is self employed so get's no money, still waiting to hear from DSS regarding SSP. I earn £200.00 per week, our mortgage is £586.00 per month, and basically we have been unable to pay the past couple of months payments. We have spoken to them, but charges are mounting. My…
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Help with calculating redemption figure
I have a mortgage which I want to pay off with a remortgage and I have been given a redemption figure which I think is way too high by about £20,000. The account is an interest only mortgage and has been in arrears so tracking exacly how much is owed is impossible for me, I can only rely on what the mortgage provider is…
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Herbal
Hi All! Bit of advise if you can............ Part of my mortgage is an endowment, £23,500, the other part is a repayment, about £47,000 left on that. I managed to get compensation from the endowment people, £4000 for misselling. Should i keep the endowment mortgage, pay off £4000 on it, leaving £19,500, or convert to a…
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mortgage payment protection
Could anyone tell me how much this costs on a £66000 mortgage? Also is it worth having and do you have to get it from your mortgage provider or can you shop around. (getting a bit worried about this bird flu thing!) Thanks.
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Advice on iterest only mortgage with overpayments please!
I was hoping to get some advice on my mortgage plan: I am a first time buyer and am about to go with Cheltenham & Gloucester for my mortgage (it seems to be the best one out there for me at the moment). I am due a pay rise in August but I can't afford a repayment mortgage yet so I am going to go on an interest only (fixed…
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I'm making a real mess of my mortgages and need help please
Hello everyone. I hope its ok to post my financial situation here, i've got into a bit of a mess and need help to point me in the right direction so I can go on and sort myself out. Basically I have four small BTL mortgages of between £13000 and £18000, these bring in a rent each of approx £68 per week. These were on a…
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First time buyers
We have recently borrowed money from parents to renovate and purchase a house. So currently we have no mortgage :j but now have almost run out of money and have not finished renovating the house :mad: So we thought we would get a mortgage to repay parents and to cover the final renovation costs. WE are having trouble…
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Can someone help re Endowment shortfall letter?
We took out an Endowment with Friends Provident in October 1994 and was promised it would make £50k in 2019. Just last week we received a letter in the post in big red writing saying that it was a red alert - high risk of a shortfall. Our endowment might only reach £29k by 2019. We have paid £80 every month for it only to…
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standard life endowment
I have written to standard life about my shortfall on the policy but they say its nothing to do with them. I got my mortgage through a mortgage shop that no longer exists and it was an halifax mortgage with a standard life policy. Should i now write to the halifax? Or am i an unlucky one?
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title deeds in whos name.....
hi im paying of my mortgage with the northern rock 10 years early, ive got £28000 to pay inc £250 discharge of mortgage fee! (my family are paying it!) NR have a system where you can leave the title deeds with them for a £1 nominal fee if you have the NRock insurance which i dont have so it would cost me a one of fee of…
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Advice needed re renting out my house..what mortgage?
Wonder if any MSE'rs could pint me in the right direction. OH has bought another house we are hoping to move into soon. Thinking of renting my house out, where do I start in finding the best deal to change my mortgage over to a buy to let mortgage. Mortgage 35k, house worth 145k. Thanks Fluffyscruffy
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Repayment/interest only mix
I am in the process of seperating from my wife and she is buying me out of our home. I have been looking for a new house and have found an ideal (albeit expensive) place for 185k. I will be able to deposit 55k and need a mortgage for the rest but on a straight repayment deal I know I am looking at 750 a month at least and…
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Flexible mortgage@125%
This is called responsible lending! http://www.northernrock.co.uk/mortgages/together.asp
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High multiple providers with just 1mths proof of earnings?
Hello, I'm looking for a 4.5x or 5x earnings mortgage provider (90% ltv) who will accept either 1 months' payslip or a letter from my employer as proof earnings. If there are such lenders, I suppose they're rates may be slightly higher and so a variable rate for < 1 year might be a solution? Does anyone know of such a…
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Fixed or Tracker - Help!!
I know that you need a crystal ball to answer this one, but any advice is greatly appreciated. I have a repayment mortgage with the Halifax of £168000 over 21 years. I'm looking to put it onto a better rate. Currently £87k is on 5.35% tracker, expires August 06, no penalty,the rest at 5.75% SVR2. I can't look at other…
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Change of current account
If I change my current account will this adversely affect my chances of getting a mortgage? If so, who with? Thanks
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The Mortgage Monitor
I am about six and a half years off completing my repayment mortgage with Britannia Building Society and wonder if it really is worth trying to find a better deal at this late stage since when the interest rate changes my monthly repayments only vary by a pound or two. I was told about the Mortgage Monitor's website…
