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Harmless Checkup?
I have just been accepted for a remortgage. But in the Conditions of mortgage there is the following condition.... Shortly after completion we will arrange for a consultant from @@@@@@@@@@@ to visit you at your home (at our cost) to ensure that you understand how the mortgage works and to give you an opportunity to raise…
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fixed rate for 5 years?
hiya, I'm buying a place at 82k and I have a 16k deposit. Everyone's telling me that I should get a fixed rate for as long as I can ( because they say that interest rates will be rising for a long time ) I'd like a 20 year term and be able to overpay without penalty. Any advice appreciated. Cheers, yogi
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Advice please re house move.
Hi. We are 33 yrs old and have 350k house with 15k mort left. this could be paid in next 18mnths. House is not in fantastic area and so is about at the ceiing value for this area and will now only rise slowly in value. We are happy with house and do like the idea of been mortgage free although thinking ahead we have no…
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Endowment mis-sold? Sorry
Sorry to start a new thread as they seem ten a penny at the moment....but I can't find my answers anywhere. In 1992 I bought a house and had an endowment mortgage. We sold the house in 1995 and sometime btwn 1995 and 1998 sold the endowments as the whole endowment thing was being highlighted. I have filled out the wanadoo…
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Paying more interest at the start of the mortgage?
One thing I have never understood about mortgages (repayment), if at the beginning of the loan you are paying mostly interest and not repaying a lot of capital, why is it a good idea to remortgage every few years to get a cheaper rate? Surely you are just postponing the time that you actually get into the time period when…
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self cert needed
we are looking for a self cert mortgage as my husband has been self employed for less than 1 year any advise on the best lenders we have had some money troubles in the past and have 2 ccjs that are still running. no idea who to look to we have about 35-40% deposit and are looking to borrow up to 90k thanks
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Small French Mortgage?
:confused: Hi I'm starting to get alot of work in France,and would like to purchase a small property (£15-40K) can anyone please give some advise, ie:can i get a mortgage for a small sum? How to avoid paying through the nose any advise would be great Thank You
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Endowment Claim refused as IFA went to prison for fraud
In 1987 we took out enowment mortgage. We know we have a valid claim as the second endowment in 1988 was agreed by the FSA and a compensation claim of £170 was made (this endowment was for £7,500). Like many other people we were told our endowment would pay off the Mortgage and pay us a surplus of £20,000 plus. The FSA and…
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Who Will Lend Me?
Looking for 100% MTG of around £110,000 to £120,000 Based on £24,000 Graduate Salary and £8000 on Credit Card. Does anyone know a lender prepared to lend based on these details.
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buying with friends
hi im looking for a little advice me and 2 of my friends are looking at buying our own house,the 3 of us are single males living at home currently,we are 22 years old the problem is we only earn 15,000 each how much will they lend us on this?none of us are in a bad way with debt,we can get a 7,000 to 10,000 deposit,what…
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Endowment - confused
Hi everyone I don't know if you could give me some advice? But here are the facts: My parents-in-law were sold an endowment in 1986. Recent correspondence has shown that there will be a shortfall on its maturation in July 2006. The assurance company was taken over in 1994 and the purchasers are claiming that they do not…
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Daft questions?
Just put offer in on house which has been accepted. Whilst I'm rapidly becoming quite knowledgable on the different types of mortgage we have to choose from (need to decide this weekend so look out for new post re this!) can someone clarify these apparently basic questions? I want to borrow about £130k to buy a home for my…
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Mortgage Choice
I am considering moving from Ulster Bank to a cheaper mortgage. Have been in contact with L&C and they are recommending the mortgage below based on these facts :- £85499 over 20 years includes the £499 for the fees added to the loan,Term 20 years, repayment basis, estimated value £125,000. Recommendation Halifax Tracker…
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Mortgage Marketing?
Hello, I'm not sure if im writing this in the right place. But I needed some quick advice. I own a small but successful mortgage marketing company thats based in the US. I have a good friend in the UK that I am considering partnering with to bring some of our marketing products and leads to the UK. I'm trying to do a…
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10 Year Fixed Rate advice needed asap
Hi, I need some advice about a 10 year fixed rate mortgage with West Brom Building Society. The rate I have been offered is 4.89%. I was told by the sales person that I needed to be quick on this one since the product was being pulled on Tuesday. I have until Tuesday to make my mind up. I thought it would be great to have…
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Quick mortgage turn around?
In order to complete the chain on my house purchase I am looking at buying the property at the start of the chain where the buyer has dropped out. This has the advantage that I can keep the chain intact and sell my own house to buy the house I want. If this is going to work in time to dave my house purchase I need to find…
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remortgaging a small block of serviced appartments
I would like to remortgage a small block of serviced appartments (21 rooms) in London. Recent valuation £4m. Current mortgage outstanding £3.1m and I would like to repay this amount. Rental income £450,000 gross and £350,000 nett. thanks
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re-mortgaging - should I pay off my car?
it looks like I have sold my current property and we are buying another one, we are borrowing an extra (roughly) £10,000 to pay for the legal fees and so we can do some work to it (carpets, kitchen etc) as we are borrowing extra money we are going to put our mortgage up to 30/35 years (its currently on 22) so the payments…
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Remortgaging and changing jobs
Hopefully a quick question that someone in the mortgage industry can answer for me... I will want to remortgage in September when my current 2 year discounted rate ends with Alliance & Leicester. Assuming I change lender (if they offer a better deal than A&L), will it matter that I will be changing jobs in June? i.e. Would…
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one account or fixed rate for 5years???
we are with oneaccount have been now for 6 years & have found it great while doing our house up but now we have got to our max we would like to have on a mortgage we are thinking of switching to a fixed 5y4.99% should we switch or stay we only have a couple of K savings
