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Virgin One Accounts - any experience of them?
I've just taken out a mortgage and for various reasons I didn't have a lot of choice about the product; I've had to go with a self cert mortgage which is interest only. The mortgage I have is £108000. I want to change it as soon as the fixed rate ends in March 08 and I am therefore trying to research what will be the best…
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Manic depressive time barred
Hi All, anyone seen the report in the Daily Express yesterday. Friends Provident have chosen to time bar a patient who was a manic depressive when he started to recieve reprojection letters. Despite reports from his doctor stating that he was incapable of understanding the letters FP refuse to waive the time bar although…
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Help: Urgent Mortgage Enquiry
Hello I am looking to buy my dream flat but have run into a couple of issues. I am South African and no lenders will give me a mortgage with less than 15% deposit. I am on a 5 year work permit with 3 years left, earn over 35K per year and have an excellent credit history. Before my 5 year permit I entered completed a 2…
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Mortgages for Contractors
Hi I'm new around here, FTB doing some research. Has anyone any experience of mortgages for IT contractors - I am one, I work through my own ltd company and pay myself a very small salary through PAYE and the rest of my income is taken as company dividends.
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Equity Release
Does anyone know of any good companies that offer Equity Release.
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Splitting Up - can i buy her out? Help Please!
Me and my girlfriend are splitting up and she has said that i can buy her out of the mortgage. Where can i find good advice about this situation on the net and has anyone else any experience of this situation? Help please!
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L&G after early redemption-12 months late!
I redeemed a mortgage with Legal and General in July 05. Now they are chasing for an early redemption fee they forgot to add when the mortgage was discharged. I had assumed that this charge had already been included - I did not get a copy of the the final statement. Has anyone else had this problem? What should I do? Thanks
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Explaining the difference.....
I am sick to death of having to explain the difference to my clients of a TRULY whole or market broker, and a panelled broker, who claims to be whole of market?! It furiates me that they are permitted to call themselves whole of market this under FSA guidelines. It shouldn't be allowed, we all waffle on about consumer…
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urgent help required pls!
hi all first time buyer here with my girlfriend. we put an offer on a property on monday which was accepted (£114k) we know that we can afford a good £550 a month for a mortgage and have done our homework properly and have budgeted for everything you could think of we've got an appointment with our new mortgage lender…
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Endowments
arial black2dark red Thank you to Martin, I ve got the money saving bug. I have 2 endowments, one main one and one I did 5 years ago as a top up due to a shortfall in my main one. I sent letters to both companied today and eagerly await outcome. Just wanted to say to all the form supplied is very easy to use and it only…
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Is this a reasonable compromise?
We have 2 seperate mortgages with C&G: 2 year fix £27K @ 4.99% expires 30-Apr-06 5 year fix £83K @ 5.89% expires 31-Aug-06 They have offered to fix the £27K for a further 2 years at 4.45% and also to fix the £83K for 2 years at 4.45%, starting 01-Sep-06. Both mortgages would then run until May 2008. There would be one fee…
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Self Certified Mortgages - explanation?
I spoke to a mortgage broker last night to try and guage how much I can borrow based on my income: Gross £20230 Additional income from employer £3030 (this is shown on payslip as a temporary payment but I'm sure it will become permanent in the next 12 months) Overtime £3500 (available all the time) Child Benefit & Tax…
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Yet another quick BTL mortgage query
Not off the back of K&Ps show last night, dont worry, iM not about to make an expensive mistake, just scouting around for info for someone else. Quick question Is it possible to get a repayment mortgage on a BTL? Or an offset/ overpaying type mortgage? Most of the discussions in property section seem to be based on IO…
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Interest-Only Mortgages Are a Bad Deal
Here's how it works: Say a home buyer opts for an interest-only loan at 1.5 percent. On a 30-year loan of $100,000, the buyer would owe $125.00 in interest at the time of his first payment. But say the "real" interest rate is more like 6 percent, or $500.00 at the time of the first payment. The difference, or $375.00,…
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Mortgage with bad credit history...
Hi everyone, I'm new to this site and am seeking advice about mortgages - I am looking to get a 97 or 95% mortgage at the moment and have some bad credit still on my credit file - it is all in hand with the CCCS but unfortunately one of my creditors did manage to get a CCJ against me before I took up my account with the…
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Right to buy
Hi i'm new to this so forgive me if i do something wrong. :o I'd like to buy our council house and have recieved the initial forms to find out how much they will sell it us for, I'm a joint tenant with hubby and we are unsure if we'd be able to get a joint mortgage. My hubby is self employed, will only have 2 years of…
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closing the one account
hi all have closed our one account mortgage very recently, however when I spoke to them to authorise redemption figure to new lender, they told me I would have to pay a £75 admin fee + a months interest as I paid in arrears. The admin fee I was fine with, but is it normal to pay this interest payment too? Don't understand…
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Agreement in Principle
If you have an agreement in principle , is that a definate yes for a mortgage or can you still be turned down somewhere further along the line? thanks
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Tax credits - can they count
Hi, when a mortgage company works out how much money you can borrow, apart from your earnings, will they take into consideration working tax credit or child tax credit? Or even child benefit for that matter?
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please help - temporary job in relation to getting a mortgage
hi all my hubby and i are desperate to buy something so we can stop renting we both work full time, but at the moment my contract with social services is temporary to cover long term sickness absence. it really doesn't look like this girl is coming back to work, so we all feel confident that i will get a permanent job, but…
