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properties 2 into 1 mortgage
i have :- An offer accepted on a property that I wish to move to that is empty. Sold , subject to contract, my current property with a small mortgage remaining to a first time buyer. a second property that has no outstanding debt on it that is for sale but has no offers as of yet. the cost of the new property is a little…
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What do you class as overstretching on mortgage's?
Hi all, Recently there have been many posters that keep harping on about how when IR's increase those with huge mortgage's will suffer and how people "shouldnt" move away from the standard income multiples. I agree with the former but have difficulty understanding how the latter is posssible in todays market: My questions…
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Mortgage needed but have no deposit! Help!
I really need some advice, or recommendations on where to get good advice..I am working full time in Bristol on an average wage. I have a place at Sunderland Uni starting September 07 and I want to get a mortgage on a house in Newcastle before I go up there to study full-time. The problem is I don't have a deposit! I have…
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Mortgage Payment Protection
Hi Please help......I am trying to figure out the best comapny to go for for mortgage payment protection for me and my partner. We have recently had an offer accepted on a FTB house and are in the process of returning the mortgage application to Britannia..... What I would like to do is now figure out the best MPPI to go…
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Mortgage advice at a premium
Well, that dreaded day is nearly upon us where it is time to go out into the world of being a property owner. Whilst I work in financial services world I unfortunately have little to no knowledge or experience on mortgages. What adds to the complication is that as an employee of a banking group I am entitled to a special…
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do i need a new mortgage?
Hi all. We have just finished a 3 year fixed "self build mortgage" for a D.I.Y barn conversion. Even though ive done the whole lot myself and saved a bomb, Im still skint as a result and need to know if im paying out too much now. I have no idea what rate im paying , how do i work it out I have a 58k mortgage and am…
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Buy-to-let: Student without a clue!!
Hi everyone, I am keen to buy a house in Reading and rent it out to students. Having just graduated from the uni there, I feel I know the student property market well (in terms of location, needs, prices etc). I am currently 24 years old, and have now embarked on a career in medicine (so yes, another 7 years of being a…
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Best Offset Mortgage
Hi I have about 75% 0f my purchase price in cash but I'd like to borrow about 75-80% and keep the cash in an offset account so that I can use it for other purposes if needed. Also after a year I will let the property so a high mortgage will be better as it can be offset against rent for tax. Question is - which is the best…
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Cheltenham & gloucester mortgage
i've been looking at changing to c& g but when i try to work out their fees i can't??? they have so many different charges. i think it might be 699 or 499 to remortgage with them? they have a fixed 5 year at 4.79% but when you do the cal it works it out at 4.99 does anyone know which rate it is??? also we have just been…
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Validity of Mortgage offer??? Thanks
Hi Have received a mortgage offer from A & L and it is valid until October 06. Wont be completing until the end of June, does this mean that i will get the IR upto then irrelevant of any changes to the BoE base rate, or if the BoE rate changes are the A & L likely to ammend the rate initially quoted? Thanks in advance.
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Woolwich Mortgage
Hi I am interested in the Woolwich base track tracker that is .19 over the BoE rate for life. Does anyone know if you can borrow say 170k but only have 120k now. The 50k being used in a few months for home repairs? I also wanted to know if the one accounts are good. I have heard some negative things about them. I…
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cannot download remortgaging pdf
hello, after filling in the form on http://www.brochurecentre.co.uk/ms3.asp and submitting it, I just get: ---- Microsoft OLE DB Provider for ODBC Drivers error '80004005' Can't open file: 'fb_information.MYD'. (errno: 145) /checkresultsMS3.asp, line 54 ---- sorm form of db problem that I cannot seem to circumnavigate, so…
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Advice Sought - First Time Buyer - Decent Income, self Employed.
Hi, I know I can contact an IFA/my bank, but I'm after some advice here first, if at all possible. I'm 28, and looking for my first property. From doing some research, the price band I'm looking at is £125k - £160k (quite wide, I know!). I'm "self employed" in that I'm an Engineering contractor (white collar, degree…
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Mortage Advice Request
My partner and I have bought a house together for £235k. He also owns in his own name another house worth £140k with a £44k interest only mortgage. He wants to keep this house in his name and let his Mother live in the old property. He has an endowment to pay part of this in 2015. We are planning pay for the new house with…
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what can we do now???
as you know we applied for a nationwide mortgage but have heard today that we have been turned down. she wouldn't say why??? we have a virgin one mortgage of 98k but can go up to 100k. we have income of 40k min hubby's second job can be a little more than this. when we applied the lady said we didn't need to show hubby's…
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A bit of advice on arrangement fees...
HSBC has this 'supersaver deal' going on, whereby you can get the mortgage rate of 4.99% when you pay a 600pound arrangement fee, as opposed to paying nothing and receiving interest at 5.19% (it's a 100% mortgage). My partner and I applied for a mortgage at our local at 116k at 4.99% and paid the 600 pound arrangement fee.…
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Don't give up on Endowment Claim! Success with FP
As some of you may know we have been in a bit of a battle with our Endowment Policy Friends Provident since February this year. First they said we were time barred and we appealed and that was successful, then we had several forms to fill in and lots of phone calls and questions were made by FP. Finally we were granted…
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Selling endowment policy advice please
We are looking to sell our endowment policy. Does anyone know of a reputable company or has anyone had a good experience with selling a policy? Any pitfalls?
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Endowment Confusion
I have a 'Economy Low Cost Endowment' take out in 1990 with General Accident which over the years appears to have turned into a NOrwich UNion policy Target Amount 40945.00 Basic Sum assured=13308 Existing Bonuses = 7567 (to end of Nov 2005) Monthly premuim £58.90 Currently I am using it against my repayment mortgage, with…
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Mortgage where do you start?
Hi all, I was hoping you could give me some advice. My partner earns 16k a year but when I check out the banks websites it bring back that we could only borrow within the region of £27k which wouldn't buy us a caravan never mind an house! So our total income is around £1700 a month with child benefit csa and taxcredits. We…
