-
GRE can't get my name right! What can I do ?
I'm so frustrated! On my divorce, I had the joint edowment with GRE assigned totally for my benefit. On communication with them later, I discovered that they had mislaid 'this' document. I sent them a copy of the deed that THEY had signed as acknowledgement and they paid me £50 compensation for their error. On my…
-
Smile longterm tracker at 4.95%
I am no expert and I have recently remortgaged but Smile customers are presently being offered 4.95% lifetime trackers at only 0.45% above Base. Offer closes 24/1/06. To me that looks very good and as I say us smile customers have had this in their emails and with the Co-op bank behind smile I would leap at it if was not…
-
Endowment miselling race day
To everyone on the board can anyone provide any inspiration. As most regulars on theis forum will know I run an endowment complaint company, no we are nothing like the others you may have seen postings about, see various rantings elsewhere if you are interested. Anyway, we think that the other companies charge way too much…
-
Endowment freeze or continue paying?
I have 5 endowment policies, all due to finish in 2011, obviously with a predicted shortfall. I’ve heard people say one option would be to freeze them (stop paying the monthly premiums) and allow them to finish with the current level of investment. Apparently if I put the money that I would have paid for the premiums each…
-
Equity Release - Advice for my parents
Hi Folks, Can anyone please guide me through the maze of equity release. My dad has asked my to find out which type/company is best but it is a minefield. Obviously he wants the best deal to release approx half of the houses worth, which they own outright, if poss this would be paid back at the death of either him or my…
-
Endowment. Am I too late?
I have sent my letter of complaint off yesterday. Then last night I found some old paperwork saying that if I wanted to complain it had to be by the 14th of January. Can they really turn my claim down for the sake of a few days? Thanks for any help. Matt
-
Endowments sale - tax liability
Hi, I'm pretty much decided that I am going to sell my two endowment policies and invest the proceeds elsewhere. Both are about 7 years old and have a combined surrender value of about £18k. I have heard that the proceeds may be liable to income or CGT tax or something? Is this true? How can I find out for definate? Thanks…
-
Can he make Friends Prov give him cash ??
My mate is standing looking over my shoulder here !! He has a Friends Provident endowment policy. He complained it was missold. They agreed and offered compensation of £ 2,200. BUT they are insisting that the policy has to be surrended to get this compensation i.e. current surrender value 20k plus 2.2k compensation =22.2k…
-
How do we relocate and continue our mortgage?
:hello: Just a bit of general, impartial advice please if anybody can (I've done a search on this forum but nothing came up, so apologies if this has been answered before.) First a bit of background info. We have mortgage of £72k, a further advance of £12k. Our fixed rate mortgage ends next year by which time we hope to…
-
Anyone else recently taken out an ISA mortgage ?
I have almost signed on the dotted line with my broker to an ISA mortgage. He says, that his daughter has just got one. And that now is a good time. I am aware of the risks, but over the length of time we are talking about it should come out ok. He is advising on getting stock in Asia, Japan and other far off places. He's…
-
Halifax- Payment Holidays
I wonder if anyone can offer some advice? My wife was on maternity leave last year, and as I had just started working for myself money was tight. We decided to use a 6 month payment break on our Halifax mortgage- this was from April to September. As working for myself wasnt going too well I got a full time job at the…
-
Anyone Recommend a advisor/broker?
Hi, we'd like to re-mortage as we are sure we can get a much better deal. Problem is my wife isn't working currently (busy looking after our baby and two other children) and when I check with some of the online tools at various banks and money sites (such as moneysupermarket.com) they say they can't provide any products…
-
Ftb
I am a FTB looking to buy with 2 good friends. We have a 34500 deposit and are looking to borrow 170,000 or more. Our incomes are 16,000, 16050 and 14500 are we kidding ourselves or can we borrow that much. I know we could use online borrowing calculators but they never account for 3 buyers. Help please.
-
interest only mortgage & existing endowments?
hi, looking at getting a mortgage, using 2 existing endowments. 1st endowment £27,000 due to mature in 3yrs time, and should acheive target, and produce some profit (albeit not as much as was originally forecast) 2nd endowment £33,000, due in 13yrs, probably a shortfall, maybe realistically it will produce upwards of…
-
Just got a job - easy to get mortgage?
Hi, MY cousin has been meaning to get into the property market for the last 2 years but hadn't come across anything appropriate. Then in November last year, he was made redundant. By pure co-incidence, the perfect house appeared on the market a few weeks later. He has now managed to secure a job which he starts in 2 weeks…
-
Mortgage Required
Hi there, Can anyone help!!!! im looking to purchase a property at £196000 and i have a 5% deposit ( £10000). I have been offered one in principal but the rate is 6.? % which is far to high as the interest only payments on it would be £1050. I earn £30000 which i know is below what i need for a mortgage of that size but…
-
Endowment Help - Which Option?
I am hoping that someone may be able to help me! I have just received a letter from my endowment company upholding my claim against them, but they have given me 3 options and am not sure which to go for. Option 1 - Enhance my policy by £1373.17 (which is the compensation offered), however they do go on to say that there…
-
Mortgage joint tenants question
Hope this is in the right place... I was reading another thread that mentioned Joint Tenants/Tenants in Common and was promted to look at my own Mortgage, which is drawn up as Joint Tenants. My question is should we leave it like this or change to Tenants in Common?... I have 3 grown up children but my husband has none.. I…
-
Information Needed
Hi, Has anybody hear of a mortgage company called Mortgage 1 Limited? Thanks in advance. Farquar
-
mortgage genie
Has anyone out there used morgage genie? My current mortgage is about to end with Nationwide and I am looking for another deal. Bank of Ireland looks good with no fees at all. Anyone mortgaged with Bank of Ireland? Need help! I don't want to pay my current lender fees of £500 just to stay with them!! Thanks. :confused:
