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Sneakily get top mortgage advice for free Article Discussion Area
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Endowment compensation query
Another one here who saw Martin on TV saying "If you've got an endowment and haven't put in a compensation claim, why not?" :eek: EEK! Thats Me! I took out my £45,000 endowment with Scottish Widows in 1993. I took it out through a financial guy who the estate agent I bought my first house through arranged for me to see.…
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Are these endowments any good?
I’ve been browsing this site for a while now and taking advantage of the excellent advice and tips freely given. I now have a specific query of my own, which unsurprisingly is to do with underperforming endowments. Details of the two in question are as follows: 1st provider: Legal & General Sum assured: £20,000 Declared…
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Panic Question Re Mortgage Repayment Protector Schemes
Apologies if this is not the right board to post this question in - please feel free to tell me if I should go elsewhere. I'm having a major panic cos I took a second job a few weeks ago and don't know what my status is regarding my mortgage repayment protector scheme. I've had this at around £30/month since last April,…
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Documentation
Hi, Where considering buying a house in the future, what sort of documentation should we be proactivly keeping to aid us in obtaining a mortgage? So far, Both my partner and I have Bank statements since Jan 2003 although we are missing a couple of pages (3 our of 33 pages are missing of mine, and 11 out of 40 pages the…
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BIG mortgage, deposits / high LTV etc
Hi all, looking at getting a new house , market value £370K, am selling / PX'ing existing property, mort £140K, value £200-220K. this will leave me with about 60 - 80 K cash, I predict stamp duty, 10% deposit, legals etc should come to about 60-65 K. This makes thing a little close but still do-able. My question is as…
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First Time Buyer Mortgage Advice
Hi, My girlfriend and I are desperate to buy our first house, we currently are renting. Our combined incomes are £55,000 but the snag is that we don't have much in the way of savings to use as a deposit. I don't really understand the minefield of mortgages but I guess we're looking for a 100% first time buyer mortgage,…
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Credit Card Payments
Hello, What does it actually mean when they as what are your credit card commitments each month? My partner an I have maintained seperate bank accounts, (to keep the advantages of graduate accounts which can not be offered to joint account holders). So to make our finances easier to manage we made the decision two years…
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when to remortgage?
hi everyone, just need some advice, i currently have a mortgage with the bank of scotland , i think i could get a better deal elsewhere however, i have a satisfied ccj on my credit file from 5 years ago which will still be on my file for another year, should i wait for it to clear from my credit file before applying to…
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Self cert Bad Credit?? Help!
Hi I have been saddled with debts from my university days a couple of years ago, including my rent,tuition fees,overdraft and loan. They are nearly paid off (except for the loan!) I joined my brother in business last year. The business was in trouble so the last year has been spent paying business debts off and getting…
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Is this a good mortgage ?
Hi All Would appreciate any feedback on this product from the Yorkshire BS: Fixed for 2 years at 4.38% Arrangement fees of £480 (£180 of which must be paid upfront) £230 for valuation Want to borrow £75K Flat is a 'new build' which will be ready mid March and is costing £83,600 I have already paid 5% (£4180) to Barratt and…
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when should we get a mortgage?
My boyfriend and I are living with his mum the time to save some money to get a mortgage. We earn £15600 and £17300 so we got together £32900. We got £6000 saved in an ISA at the moment but we will try to double it by the end of this year. How much could we borrow? How much would be the fees for a property at the morgage…
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Mortgage application - lie about credit cards?
Looking for some advice here, I'm about to move house, and want to get a £130,000 mortgage to go with a £30,000 deposit based on a £35k salary. No problem there, as most lenders are ok with that, but according to most online calculators if I admit to my £5000 credit card debt (very much under control whilst I play the tart…
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mortgage, part repayment, part endowment possible?
hi i'm looking at getting a £40, 000 mortgage, but i have an endowment policy that was for £33,000, although realistically its now worth about £25,000 (worst case scenario). my question is, is it possible to get a mortgage where the first £25,000 is interest only, ie endowment only, and the balance of the mortgage £15,000…
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Would i get a mortgage
Hi I am currently living in council accomodation but as the area is very up and coming and the town is being redeveloped this year and next i thought it best to buy my home now off the council before house prices go through the roof here! My problem is i have some debt and a low income would i get an interest only mortgage…
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National Counties BS 4.40%
Can anyone see anything wrong with this rate. 0.1% below the base rate and appears to have no tie in and the fees are reasonable. Seems to good to be true. Anyone suggest anything better ? I need to borrow £95k on a £213k purchase over 25 years. £85k is repayment and £10k int only. TIA
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Can an interest only mortgage be changed to a different type at a later date?
Cannot find the answer to this question?? If you had an interest only mortgage because you wanted to keep repayments down could you then change it after say 18 months to a normal mortgage so you are paying capital and interest and obviously the payments would be higher? Is it possible to change after a period of time?
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endownment question?
hi i'm new to this but here goes iv'e just seen martin on the tv on about miss selling of endownments and wondered if i may qualify to claim even though iv'e cashed my endownment as part of a divorce settlement i had a letter shortly before my divorce advising me that there would be a shortfall in my endownment policy but…
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To leave or not to leave-advice pls!!
Hi everyone, Been lurking for ages and could do with a bit of advice-if anyone can offer any-. :confused: Nearly 6 yrs ago Hubby and me had a really bad debt problem, owed approx 43 K to various lenders, and before we started to miss payments we entered into an IVA, (after firstly being with Baines & Ernst, and paying fees…
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endownment payment
we took out an endownment,with SCOTTISH AMICABLE now PRUDENTIAL has the endownment. we have a shortfall on the endownment,what is the best way forward. cabbie :confused:
