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remortgage, self cert, buy to let ???????
I'm looking for some advise with regards to purchasing/funding another property. I have a mortgage on my property for £40,000 for 17 years. It's worth around £100,000 now, so with the equity of £60,000 and a extra loan of around £25,000 I was hoping to purchase another property and let it out. I don't know what the best…
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Offseting a mortgage with an endowment
I'm thinking of converting my endowment mortgage to a repayment offset mortgage. Seeing as an endowment is really a glorified savings plan can I offset my new mortgage with it, or do building societies need 'raw' cash in your account?
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stay with endowment mortgage...?
I have been overpaying into my endowment mortgage with the Halifax because our endowments are underperforming like everyone else. I spoke to the halifax yesterday because I have realised our current rate is not as good as it could be (5.75% with daily interest). They suggested splitting the mortgage in to two...part…
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Need help filling in endowment questionnaire
I sent a letter of complaint to Friends Provident,and i have received an endowment questionnaire by return.I am a little unsure of what answers i should give regarding some of the questions,eg "The gross annual salary when the policy was arranged"...........will my employer be able to give me details from 17 years ago? as…
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Mortgage Help
Hi there, I need some help with my situation, and feel alone at the moment. Basically to cut a long story short, me and my partner (not married) have decided to call it a day, we have a house together, one which I have put my heart and soul into from day 1. We were going to sell up and go our seperate ways both pockiting a…
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Bank or Building Society
I am a FTB Should I go with Bank or Building Society (both offering me almost similar deal for 2yrs) ?? What is the difference betwewn two and any recommendations ? Thanks
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Endowment Woes
I have received a letter saying that my claim for compensation is not being considered as I left it too late to claim. Is there anything I can do or do I just accept this and put it down to experience. Any advice please. :eek:
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Do I keep paying or clear my mortgage?
My present morgage balance today is £58,761 at variable 6.4 per cent on daily calculated interest. We are tied in till march 2008. [If we pay it off early we get a penalty of £4,698]. Our payments at present including max allowed extra payments are £1,735 a month. We have savings [average interest at 4.5/4.6 percent]which…
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two mortgages?
hello, I currently own a house with my brother - which is his main residence, but I am currently looking to purchase one for myself and partner. The house with my brother is mortgaged in joint names. Is it possible/legal to take another mortgage in joint names between my partner and myself to purchase a further property??…
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Mortgage for less than £30,000?
My aunt is coming to the end of her fixed term and her interest rate goes up to 6.5% or thereabouts, in May. Admittedly, her payments will only increase by £38 per month, but I put her on to my mortgage broker anyway. He says that because her mortgage is so small it wouldn't be worth his or her while to remortgage and she…
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Pathetic returns on Endowments
I was of the opinion that it may be wise to carry on paying my £48 per month into my Clerical Medical low cost endowment as I would be better off in the long run, but I think I'm wrong to do so. I have a sum assured of £12,560 and it was supposed to achieve £37,500 and cover my mortgage. I was shocked to receive my…
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Standard Life eligibility for shares, new guidelines.
There have recently been new guidelines for who is eligible to receive shares and how. I remain slightly confused. I have a small policy ongoing which was in force on March 2004 as required, therefore I should receive some shares. Howecer, I had a much larger policy which matured on August 2005. This does not fall within…
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Mortgage site that gives you half the commission
Hi, Please can someone help. Maybe I was dreaming but I am sure I once came across a website that gave you half the commission if you signed up for a mortgage through them. Please can someone tell me if it existed and if it still exists where I can find it. I've searched and searched but I cannot find it. Many thanks.
