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First time buyer.
Hi, Can any one help please. im a first time buyer and im loooking for a 100% mortgage. ive been in touch with london and country brokers online and they say they can offer me a mortgage. what do i need to do now? Any help is appreciated. Thanks. Dean.
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Mortgage interest rates -
Hello All, Hope everyone is having a good start to the new year. This is my first post! I am a key worker and six months ago I took up a mortgage offer via a financial consultants with Halifax. Directly the Halifax quoted me an promise of 4.39% with a £199 arrangement fee fixed for two years. I had to complete by…
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Desperate for advice!
Hi I am new to this site but have to say it is brilliant have spent ages looking through it and feel it will become an addiction! I am hoping someone can give me some advice on mortgages. Four months ago I split up with my partner (not married) we have a joint mortgage with the Halifax which I am now paying on my own. His…
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Woolwich Savings Pots (Offset)
Many thanks to all that contributed to my last query - I feel that I may well now pay of my mortgage 2 years early based on the sound advice from my new friends on this forum. As I am with the Woolowich with an offset I do use the pots to manage my various 'saving' schemes (holidays/cars etc etc) If I was to pay off my…
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FSCS and Endowments
Has anyone here claimed for compensation with the FSCS ? I have done a quick search on this forum for FSCS but get no results. My Wife was missold her endowment around 12 years ago (before I met her) and has been told that it will underperform potential to the tune of 29k. As the company that sold it to her does not exist…
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Mortgage Advice
My current mortgage deal is coming to the end and I have been searching for the lowest monthly payment on a new mortgage. Could anybody advise which lender would offer the best rate over a 5 year fixed rate mortgage. I don't really want my monthly payments to be more than £850 a month? The best I have found is 4.54% with…
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Why on earth should I use a mortgage broker?
I am puzzled as to the benefits of using a Mortgage broker to select my next mortgage. Therre are numerous comparison tables that I can view which would help me reach a decision. I know that they can probably provide a summary of mortgage offers in an easier format but what else? Also is it worth it because they seem to…
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Endowment mis-sold by own employer?!
Sorry - another endowment mis-selling question! Not sure if this is a daft question, but I work for a large Insurance company, with whom I took out an endowment in 1991. An endowment with the company was a condition of a company 'mortgage allowance' scheme at the time, which refunded a proportion of your mortgage interest.…
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Is this illegal??? Do i have to pay him???
Hi all I am, or should i say was due to comlete my remortgage on the 5th of this month but have now just received a call to say that my current mortgage lender lenders required a months notice in writing and the solicitor asking for the redemtion statement was not enough (would have been nice to tell us that before). So…
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Brokers in the North East
Hello. I wonder if anybody could recommend a Mortage Broker in the North East of england. I have searched all the comparison sites etc but looking at peoples comments a broker may help me save money. Thanks in advance. Keith
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Should I pay off my mortgage
I have a mortgage of £104,000 which ends in August of 2006. I have a CIS endowment linked to the mortgage with a projected maturity of £60,000 I have a L&G endowment with a projected maturity of £20,000 which matures in July 2006. This leaves a shortfall of £24,000. I have £30,000 in ISA's. (saving £500 per month) My…
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endowment mis-selling, am I too late, was I mis-sold?
Hi all I know I may be too late, but I thought a post here may be a good start. I took out an endowment with Abbey (Abbey Life) back in 1993. I'm unsure what constitutes for mis-selling? My mortgage is 44k, I've since changed re-mortgaged onto a fixed malarkey, but still keep the endowment going... I'm sure at the time of…
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selling endowment
My ex husband and i are now selling our marital home. We each have a 50/50 split including the endowment policy. The policy was to cover a £20,000 part of the morgage. what information im after is this. I know how much approx cashing it in will give us but does anyone have a vague idea what we would get if we sold it. My…
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Using developers discounts towards buy to let mortgage deposit.
Hi first post from a naive (financially ) prospective buy to let landlord. Question is... if I can negociate a discount on a new build appartment of say 10k can this then be used as a "deposit paid" towards the 20% deposit recquired by the majority of lenders? , if yes whoopeee if no is there any other way around a…
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Mortgage Protection Plans
What sort of plan should we be looking at? We currently pay £46.73 for both of us, which gives us the following "each" Mortgage Repayments benefits 125% of monthly mortgage payment £247.00 Life Cover benefit - £66930.00 Critical Illness benefit - £66930.00 The £46.73 is made up of Mortgage Repayments benefits - £29.90 Life…
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New Year Resolution
I've just bought Martin Lewis' book The Money Diet and have decided my new years resolution is to make my limited income stretch further. I've started with my credit cards, swopping over to 0% interest seems fairly staight forward. The next item on my list is my mortgage which I am finding it harder to get to get my head…
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Remortgage - where to find true cost comparisons
I am looking at my options to remortgage at the end of a fixed-term deal. I've looked at articles on this site, and comparison charts in the Sunday papers, but am finding it difficult to compare the costs of different fixed-rate deals, taking into consideration both the fixed rate and the cost of legal fees, valuation,…
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5% Deposit Mortgage?
thanks.........
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100% mortgage help
Hi, Im currently in the process of trying to get a mortgage. im a first time buyer and im looking for a 100% mortgage but finding it hard finding any on the market. every mortgage i look at requires a 5% deposit. can anyone suggest any good mortgage providers that offer 100% mortgages at good rates? any help will be…
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How tied in am I ?
Hi Two years ago, I decided to change my mortgage to a fixed rate. I realised that if the interest rates went nuts that I'd be stuck and would have to sell up. I basically viewed the whole thing as if I was buying insurance against high rates and I'm happy that I've switched to a fixed interest rate. When looking around,…
