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Remortgage Advice?
My mortgage is up on 31/05, I thought it was July when we moved in but must be when it was approved. Anyway it's with HSBC and they have offered me a Home Buyer Mortgage Variable rate and is at the moment 5.5%. And the overall cost for comparison is 5.7% (dont know what this is) They said i need to phone for another fixed…
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mortgage advise
can anyone give me adviseon getting a mortgage. i own a guest house with no mortgage value £225k ish. i am hoping to buy a house for when i come to selling the guest house. i can put down a deposit of about £50k on a house worth £150k. i have owned the guest house for 3 years & plowed all the profits into the buisiness so…
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Offset mortgage - with or without current account
hi, Can anyone explain to me the advantages of having your current account linked to an offset mortgage? I am trying to decide between Britannia (without c/a) or IF (with). Even with the illustrations it doesn't seem to be comparing apples with apples!:confused: Any explanations gratefuly received! Many thanks
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Alliance & Leicester ( Yet Again )
I am in the position where our discounted period is about to run out but we have not seen any deals that when you take the fees into account make it worth while for us to switch !!!! Now A&L have some decent products at the moment which are open to all existing customers with no hastle etc etc BUT they charge you a product…
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I'd love to hear your views (remortgaging)
I'd really appreciate some views on my situation, below. I have a flexible mortgage and am currently repaying at 6.1% :rolleyes: I will need to draw down some more money to have the house re-pointed and some damp sorted out in the next year or so (assuming I still have a job) It does seem sensible to shop around and try to…
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Paying arangement fee twice!
Sorted out mortgage for house 1. Paid £200 arrangement fee, valuation fee paid, £250 completion fee would have been paid on completion. Mortgage offer made so salary/ personal checks done/ valuation done etc Gazumped on house 1, now looking at house 2. Mortgage company wants us to pay again for the arrangement fee. This is…
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right to buy
Hi I'm hoping someone can give me a little advice. I'm (hopefully) planning to buy my parents house (local authority). However as i don't live there would i be entitled to the right to buy discount. And if so how would i go about getting a buy to let mortgage. Any info much appreciated.
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Whats the largest mortage we could get?
I earn £23500 as a teacher. My partner earns £30800 plus a bonus of approx £1500. In addition to my salary I earn approx £800 per month (£9600pa) as a private tutor - this is in cash and I am unable provide any kind of proof of this. We have a large deposit - approx £90-100k. How much can I borrow? Any suggestions as to…
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Help
Me no understand endowment, what to do? please help me. me endowment policy is end in 2008 feb, me shortfall £7000 if high rate. Standard Life endowment people. they Guarentee me 2 years ago me endowment policy can pay back. it was a let. what me do
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Nationwide or Halifax? Any tricks up their sleeves?
Hi all, My 2 yr. variable rate with the Cooperative Bank is almost up. I would like to remortgage with either Halifax or Nationwide. They're both offering 2 year discount tracker for 4.39%. Because of costs (valuation fees, arrangement fees), Halifax looks the cheapest at the moment. I am interested in the lowest 'true'…
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Arranging a Buy to let loan?
Hi..I recently saw a 2 bed ground floor flat in really bad shape, it needs a lot of work done to it, maybe costing £10 to £15,000 repairs, but the owner has offered to sell it to me for about £140,000 (market value of a good condition one in the area is about £175,000). I'm planning to buy it, do it up and sell it,…
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help mad ex missus equity release bad credit
Please can anyone advise on ways of releasing equity from property as my ex has ecrued so much debt,possibility of repossesion,she tried to lend money by secured loan,but i would not sign forms tying to joint mortgage,i am currently paying the mortgage with West Bromwich BS on high interest 8.9 % due to past money problems…
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40 year mortgages or other long term options
hi.. AIM...to get a bigger house without paying that much extra per month ?? sounds impossible but .... 1. do 40 year mortgages have any way of just maybe paying the intererst payments when you hit 65..ok you might not of paid off all the capital but you still might have 75 % equity... 2.if this type of scenaio is possible…
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Independant mortgage advice
I wondered if anyone could recommend a whole of market fee free mortgage advisor/company please, or, if anyone that posts on here is one? Many thanks
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Do we have to mention maintenance?
We have this weekend filled in a Nationwide remortgage application form. The form is going via an intermediary who will no doubt give us this advice anyway, but thought I'd run it by the board. Hubby has to pay £200 per month child maintenance, which is our only real monthly commitment other than household utility bills,…
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Mortgage Question
Hi all,my dad is selling his house (its rented out at the moment) & i would like to try & buy it. At the moment i am paying my mortgage on my own but live with my g/f,my question is can i get a 100% 'yes' to a mortgage before i go through all the bother & expense of selling my house,to find out we are declined.This will be…
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Coventry SVR any good?
After scouring the various on line resources for a good mortgage rate, the Coventry BS standard variable rate (currently 4.89%) seems good at the moment, but is it better to go with a rate related to the BOE base rate? Is it inevitable that the Coventry will put their SVR up higher than the BOE + 0.39 in the long run…
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Mortgage on house already paid for
Hello there I have a few questions. Here is our situation. My mother owns a house in Leeds worth about £160'000 or a little more. The house currently has no mortgage on it. My wife and I live in Switzerland and over here by law you need to have at least a 20% deposit before you can buy property. Which means that most…
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Help from parents
My retired parents have told me that they will help me out as much as they can towards my first home purchase. They aren't talking *huge* amounts of money, but certainly a significant amount, maybe something between £3 and £10k...what would be the tax implications of this? Can they gift this tax free?
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Best place to go for a mortgage when self employed?
Hi, My mortgage has finished its fixed period at the end of last year and has risen loads, we need to change our mortgage, but now dh is self employed (has been for 1 1/2 years) where should we be looking for a mortgage as online quotes seem out? we have a********* credit history. the business is doing well. we have our…
