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Question on joint application
Hi my partner has had a mortgage with C&G for 5 years and we are looking at moving to a bigger place together, and getting a joint mortgage. She has sold her house and made around £50K on it that will be used as a deposit. The new mortgage will be for about £130K (again with C&G) and when i provided my details, the advisor…
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quick mortgage advice please...
.. hi everyone, my folks are buying a place for cash and want to put my name on the deeds with my mum as joint owner. will this affect my chance of getting a first time buyer mortgage later on? (even if my folks place is not mortgaged?) does it even matter? ie are 1st time buyer mortgages that great? thanks for the help t
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New mortgage or re-mortgage, that is the question
We paid off our mortgage approx. 2 years ago and would like to buy another property to fund our retirement. We are wondering whether it makes better financial sense to arrange a mortgage on the basis of our joint income, or, remortgage the house we own outright. :D
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Mortgage offer received, everything alright? NOT!!!!
Mortgage offer received finally but it's a different product code and A HIGHER FIXED RATE for the first 3 years. A few weeks ago, our mortgage advisor showed us a 'Key Facts' illustration of the mortgage product at 5.49% fixed for the first 3 years. (We are self-employed.) We are alright with this and signed for…
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Help me decide
Hi, my first post so I hope this is ok, Im wondering what to do with my mortgage etc. I have an interest only mortgage for £19K and an endowment which is going to fall about 6K short next year. I've £3K saved and have possibly 7K coming as an inheritance sometime this year hopefully. I really need a new car (well not new…
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Endowment Claim against Solicitor
When I took out my Mortgage with the Halifax Building Society, my solicitor who performed the conveyancing told me that he would not charge me any conveyancing costs if his internal financial advisor could sort out my endowment with Standard Life. As I was in my young 20's and single and financially naive I accepted as I…
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Another endowment surrender question!
Hi there I'd appreciate your advice/confirmation on surrendering the 2 Standard Life endowment policies we have. Obviously we would wait until the demutualisation goes ahead (if it does) as we have a decent allocation of shares (about 1500 in total but the main bulk of this is from a pension my wife has had since the…
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mortgage bridging loans
Can anyone advise how the system works in Scotland, we have a delay of 1 month of us moving into our new house and the buyers of our house moving in, therefore we have to apply for a bridging loan for one month. If we pay the cost of this which I believe is around £45.00 per day, do we play the mortgage as usual on our old…
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Interest Only or Fixed Rate - Any Advice?
Hi All, Looking to move house in the v. near future and have the option of taking on a fixed rate mortgage or interest only mortgage. Please can someone knowledgeable advise on the pro's and con's of each. This is how i view the situation at present: Fixed = approx 30% higher monthly repayments (over Interest Only) Pro's:…
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HELP advice needed
Hi all, i am in the process of applying for a mortgage for my aunties house who is moving to scotland from yorkshire next week, via a IFA, i have a poor credit rating, the IFV has been very positive about me getting a mortgage but it feels like he now dragging his feet, i have been on the phone to him every day for the…
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Fed Interest Rates
I saw the following about Fed Interest Rates do you think UK will follow? http://www.housepricecrash.co.uk/forum/index.php?showtopic=29713
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mortgage
i bought my mothers house 5 years ago from the council in her name,3 years later i had my name put on the deeds so now it is a joint mortgage. as my mom is now 78 and could possibly go into care could the house be sold off to pay for her care and leave me with nothing?
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Endowment claim with General Accident
Hi folks Before I met my wife she had an endowment mortgage with General Accident and I believe she was mis-sold it as the risk was not explained and was told it would mature by retirement with an additional lump sum. She has since sold the endowment as it was predicted that it would fall short by approx £15k. It was…
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How should I proceed
Hi everyone Been in my present house some 2.5yrs and looking at moving on. This house was new in 2003 at is now valued at £155-160K. The new build I'm looking at is approx £180k. I have approximately 45K in my house. To move I need to get 10% or more off the new house off plan. The particular plots will not be release for…
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How Much Paper Work
Just wanted to rant really, i am buying my second house and have had enough already of all the paprework. If anyone has a magic wand so i can just move into my new house now please wave it over here.:D
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to surrender or not
i have a friends provident endowment policy half in managed fund half in with profits fund its due to end in nov 2006 projected return is 30000 surrender value now is 28500 payments of mortgage and endowment till nov 2006 is about 1500 ,tried to find out about a terminal bonus was told the with profits part atracts a…
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Selling an Endowment? Recommendations? Timescales?
I currently have a L&G unit linked endowment plan for £46750, costing £140 per month, that is due to mature in Dec 2011. Current projections on maturity are: 4% - £35100 6% - £38000 8% - £42000 Current policy value is £19633.40, with a surrender value of £20604.94 (takes into account units added and apparently there is no…
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Mis sold or not what do you think?
Hi, I have a quick question. Many people are jumping on the mis sold band wagon and I am being encouraged to do so by my wife and others who have sought compensation. I don't know if I was mis sold or not. I was sold an endowment policy on the grounds of savings and that I could use it to get a mortgage when I was ready,…
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Portable morgages - why the questions!?
Hi, I have been on this board recently regarding a new mortgage on a property with bad circumstances - i.e. both myself and my partner were unfortunately made redundant. He now has a new and well paid job, and I am setting up my own business. Not great people for a new mortgage as one not really working (they dont count…
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Check if Standard Life have received your voting form
http://www.computershare.com/uk/enquiry/sl Enter your reference number from the letter and it should confirm. Saves you a phone call to check. :)
