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Woolwich offset together terminated
The woolwich are terminating the together facility from the offset product. Does anybody know of any other bank offering a smilar facilility - where family or friends can offset their savings against your mortgage. Thanks.
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Endowment
Just recieved my annual endowment update: Its due to mature in Aug 2010, with clerical medical (with profits + terminal bonus) It was suppose to cover 18K interest only mortgage Do I leave it alone or cash it in and put that money on the morgage. The surrender value is 10,473 The estimated final value is 14,900 (@ 4%) My…
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Mortgage Prices :(
My wife and I can only get a loan for about £68K! That's without declaring the £10K loan that we have. What am I suppose to buy, a shed? Maybe put an extension onto it!!! The house Prices are rediculous. Our Jount Annual Income before deductions is about £25K
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Possibility of Self Cert for SO
A colleaugue of mine has done this, so thats how I know it could/ can be done, so just having a reckey round to see if its a viable option for us. We have a Shared ownership flat, inner london, and we are currently paying on it MORE than if we had the mortage for 100% of it ( done a number of mortgage calculators) As we…
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Paying mortgage off early
I am inheriting some money from my father's estate and am planning to pay off my mortgage which stands at £22,500. I've heard, however, that there may be a charge for this. Is it worth leaving a small amount outstanding on the mortgage to avoid this charge?
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Independent mortgage advice in Worcester
I am currently looking to get a mortgage in Worcester, and I wondered if anyone out there had any recommendations for independent mortgage advise in the area? I would be particularly interested in recommendations actually in Worcester, as I would prefer to deal with someone who actually knows the area. Cheers, Adam.
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Remortgage with Nationwide while living abroad
My mortgage is with NW my 2 year tracker rate just ended 31march and I am now on the base rate. I would like to apply for their "additional borrowing option " a remortgage sum is agreed and I can draw on it should the need arise which is perfect for my situation . However living abroad and being self employed i do not have…
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Credit Checks - when and how many?
Hi I'm trying to obtain a re-mortgage to release some equity from our current home for a purchase abroad. Value of property £210000, current mortgage £37500, new mortgage required £95,000. Excellent credit rating. Problem seems to be that my husband and I run a limited company so our income is made up of a small salary,…
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Abbey rip-off £20 charge for mortgage statement not received!
I am sooo angry! Just called Abbey to chase up missing mortgage statement to be told that I will have to pay £20 for the privilege of receiving MY statement!! As we had some endowments maturing last year I am eager to check the statement but last year's was dated March so I waited until the second week after the end of…
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norwich union endowment promise
N.U. has offered me compo for misselling plus opportunity to cash in all endowment policy and pay off part of mortgage before converting remainder to repayment. However if I do this I will face a £1000 shortfall. IF I take the compo and keep the endowment running then so long as the promise to make up the shortfall as it…
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Endowment question ?
I would appreciate your help. I have now put a complaint into my life office for a mis-sold endowment. While the above is being processed, am I allowed to sell the endowment, in the context that it will not jeopardise the complaint ? Thanks
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Norwich Union Endowment Promise
Sorry for repeating my question from a while ago but . . . I have 2 Endowments: The first was taken out in July 88 with Norwich Union via the Branch Manager at a Woolwich BS. I have been told that there is a High Risk of a shortfall with this one ( approx 15k). The second was taken out in Dec 94 with Commercial Union (now…
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Woolwich repayment fee
Hi, We have just remortgaged - paid off our Woolwich loan. Back in Nov Martin advised anyone planning to repay woolwich mortgages to get in touch with them before end Nov to let them know - they would then freeze the redemption fee at the then current rate of £190.00 - this I did so I was amazed to find they had charged…
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Is a Broker really necessary?
I realise that a Broker is not absolutley necessary, but I'm a bit puzzled why anyone would use one? As once you've trawled through all the mortgage options on the Broker websites (such as those Martin Lewis recommends for free) and select one. What's to stop a person going direct to the Building society to sign up, thus…
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remortgage time and I owe 93K if I tell them I owe 100K what happens to the 7K
As above Will I get the 7K back in the form of a cheque or will they just change the money I owe from 100K to 93K?
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Someone else looking for remortgage advise!
Hi, My current mortgage expires in September this is the first time we are remortgaging and i'm a bit confused by all the options. Our circumstances have changing a bit since we got our mortgage and i'm a bit worried we won't be able to get enough to cover what we have owing already. Details below: *Currently have an…
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MGenie Offset Exclusive(MG428): 4.69% Tracker - 18 months. Is it any good?
as above has anyone had any dealings with this mortgage? I'm remortgaging 93K on a house valued at 185K and there are no fees what so ever even when coming to remortgage again in 18 months. Plus I'll get £200 commision so that brings the rate down to about 4.58%. Also does anyone know if I say I owe 100K will I get a…
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Changing Mortgage every 18 months
I've just been reviewing what mortgages are availble on:MortgageGenie My property has an estimated value of £135,000 and I require a mortgage of £85,000 over 25 years on a Split basis. £25,000 on interest only and the remainder on repayment. The MGenie Offset Exclusive(MG428): 4.69% Tracker - 18 months, has the following…
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Cashing in or selling endowments?
My husband and I have an endowment and an ISA each that were taken out in 2000 when we took out an interest only mortgage. We are about to start again with a new 25 yr repayment mortgage as we are about to move house. We want to keep the ISA going as a future savings plan but want to free up the money in the endowment to…
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Any Thoughts?
This is NOT an endowment policy, but.....! I am wondering about surrender values / "TEP", and so on. I don't even know whether there is a market out there for such a policy. I have been paying into an old Pioneer Mutual "escalator plan" for almost 25 years now. The monthly premiums are £18. It is an open-ended policy which…
