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Repossession!!!!
I hope somebody can help on this matter. At the end of last year (November) my husband became unable to work due to anxiety and agorophobia, we were unable to make the mortgage payments as my wage only covered basic living expenses. My husband has insurance cover and kept the mortgage company informed of our predicament.…
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Best buy to let options
I'm looking to remortgage as Intelligent Finance don't allow buy to lets long term. Coventry looked good with 5.1% and £599 fee but they require self employed to be >2 years which I'm not - any other good options which anyone's aware of? Many thanks
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Mortgage Documents required generally
Can anyone help! I need to know what sort of questions will be asked by a building society prior to getting a mortgage. What they might ask my employer etc. regards jilly
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just been declinded again???
some of you might know we have already been turned down by Nationwide & now c&g have said a big NO after having a fax copy of our credit agreement. we have had a problem with a false transaction on our credit card which resulted in 3 late payments before money was paid back to us. we have now had this cleared up but the…
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Inteligent finance vs one account
Hi All We are looking to move and set up a new joint mortgage I really like the idea of off setting as we have quite a lot of joint savings in isas ect I.F. is the top runner at the mo as we can transfere our isas in they say isas and will still have their tax free status after the mortgage is paid off are there any other…
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how honest do I need to be for an easy life?
I absolutely want to be honest all round but I don't want to give myself more problems than I've already got. Intending to move house I applied and got a mortgage offer - all straight forward. I am redeeming my current mortgage on my current home at the same time. Problems further down the chain and am considering doing a…
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Advice about the best solution please
I am looking for the best way to sort out some financial mess. I have been saddled with a huge loan from a previous partner and its finacially crippling myself and my fiance every month. We are thinking about a remortgage together as the mortgage at the moment is in my name only.. Would be grateful for any advice please on…
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Question re: insurance for repayment mortgage
Hi! Can any one tell me the position with regard to insurance if I change my endowment morgage to a repayment one? Do I need separate insurance for a repayment mortgage? I am intending to keep the endowment running, and to use any payout to reduce the repayment mortgage, but the repayment mortgage will be for a larger…
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High multiple remortgage?
Is it possible that anyone will lend in these circumstances? Current repayment mortgage £20,000 Card debts £42,000 Remortgage amount £62,000 No dependants, so interest only, without life insurance House value probably at least £130,000 Indexed pension (age 61) £14,160
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Overpay now or wait?
We have an endowment mortgage and currently have a mis-selling complaint awaiting adjudication by the ombudsman. The investigator ruled in our favour but the IFA concerned is challanging - I suspect we are still in for more waiting for a final decision. We have decided that we have to plan our finances based on the worst…
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Suggestions appreciated
Hi all, I'm in a bit of a fix! I bought a house which I let out last year, but didn't inform the mortgage company, so they think I'm living there (i.e. it wasn't a buy-to-let mortgage) I have received an offer for a mortgage to buy a new flat to live in, but it states that I need to get rid of my current mortgage on the…
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Rejected by C&G
Hi All I got an unexpected call from my broker today. My mortgage application with Cheltenham and Glocester was rejected due to a low credit rating. Things going for me: 1) My credit record with Experian and Equifax is good. 2) I have been with the same employer and bank for ages 3) Am borrowing 70% of value of property 4)…
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Selling house-what happens with mortgage?
Hello there, I have probably very silly question, but please be gentle with me:) We are planning on byuing an older house or house that needs modernisation(auction, or other sources), do some work on it and than sell it (hopefully) with some profit. As we dont have so much cash (FTB), we will need to get a mortgage to buy…
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Remortgage or...??
Hi, I'm hoping someone can help me here, My fixed rate period of 5% (£322.88 repayments) ends in August which jumps to 6.4%!! The problem is my early repayment charge (approx £2000) is still in affect until August 2007 :( Is there anything i can do to save money or move etc, or just take it on the chin and pay the new…
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Lodger income for extra mortgage?
My partner & I are really keen to convert the attic of our Victorian home to provide another bedroom which is looking to cost around £30k. The value of the house would increase by approx £60-70k if we went ahead, along with around £400 more income per month in lodger rent, but we are at the top of our borrowing limit. We…
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best graduate mortgage
OK so my little brother is finally in a position to buy his first flat, getting a mortgage for about £100,000, thing is he spoke to a chap from the Halifax who told him not to put his whole £20,000 deposit down, just 10%. I think this is wrong and he would be better off putting down what he can. So can anyone suggest some…
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Should i sell or risk losing £15,000!!!
I would like some independent financial advice regarding my current endowment policy with Abbey Life Assurance Company Ltd. In April 1992, I took out an endowment mortgage policy of £34,500 (target amount) over a period of 25 years. I have been told that the endowmwent policy is at HIGH RISK for not achieving the target…
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2yr Fixed Rate 4.49 % ends 29.5.06
Hi there, Hope this helps someone, Ive been looking around for the past few weeks for a good deal on our remortgage. I found this today at directline and thought id call to ask a couple of questions. It turns out that this deal ends at midnight tonight and is increasing to a rate of 4.78%. I believe that most rates of…
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Mortgage advice please
I would just like a pointer before I visit any advisors:- After going through a divorce and IVA process and narrowly avoiding bankruptcy 3 years ago , I sold home and moved to my current house with the kids...The only mortgage I could get at the time was a sub prime lender. I took the mortgage on an interest only basis…
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On Line Calculator
Hello Does anyone know if there is an on line calculator that can provide details of how much an investment would have made. I am trying to calculate how much I could have got if I had invested money since 1991 into something other that an endowment policy. I have been made an offer, but I would like to bolster my argument…
