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Vernon building society anyone?
Hi Was taking a look at some best rates products advertised on some website, and a product of the Vernon building society came up. I've never come across them before, but the rates look quite competitive, especially if one is thinking of buying time (low redemption and reservation fees). Any opinions here?
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mortgages - penalties
Hi Need some help. Got married 1 year ago and doing some finances at home now and I just finded out that my husband signed a mortgage deal with 7000 GBP penalty in case we change a mortgage. He use to pay 4.5 % for 2 years but now we are paying 6.5 %. Is there any way to change? because it looks like no matter what we do…
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BTL Mortgages - where do I start!
Where do I start to look at Buy To Let mortgates?! Are they interest only or repayment?:confused: Is the BTL market still one to get in?:confused: Seems house prices are going to go up and up and I want to be on the band waggon.:T Where can I go for more BTL info? Any good websites? Thanks:beer:
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Loans for Home Improvement and Bad Credit
Hello Everyone, I was planning for mortgage refinance and was looking for some cash out to re-innovate my house. I was in search of a company that would be the best and provide me mortgage refinance loan at a low rate. I was lucky to know about this company after a lot of research on net. It helped me a lot to bring my…
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Endowment to sell or keep as a savings plan??
I have recently been offered a full and final settlement for the poor performance of my endowment plan. Basically got back all the money i put in. I am now in a position of what do i do with the policy. It is forecast to pay £20,500 in 19 years time. I will pay in £5,500 (£24 p month) over the 19 year period. It has a…
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life long morgages
hello. I am a widow of 55 years old. I own my own house outright. it is worth about £210.000. A recent ad in the paper , looks very tempting, to releasing equity. not all just say £50. 000 Too good to be true?
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Mortgage Brokers. I need a favour please.
Could anyone provide me with a copy of those forms that you give to clients. The one's that specifiy what you do and don't do and what you will advise on etc? Let me know if you can and I'll give you my email or fax number. Many Thanks Tom
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Advice on mortgage 'pay off' penalties please?
Could the wiser minds on this board please advise? I have about £6000 remaining on my building society mortgage repayments which are due to end in late 2008. I'd like to pay it off now but understand this can be a complicated procedure involving penalty payments. Any suggestions would be most gratefully recieved.:confused:
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Pay towards mortgage or keep savings?
Got £22000 (over 7 years) left on mortgage. Have a 'spare £1200' in savings account. Already paying extra £120/mth to get the mortgage paid off soon as. Should I use the £1200 to pay into mortgage now or will it be better left in savings account paying around 4%?
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Tentative Question?
I hope someone can help me, I am a bit dumb when it comes to mortgages. I am looking for some sound advice on how to proceed..so here goes? Myself and OH are looking to buy a bigger house and are both on good wages. He currently holds the mortgage on his house which has no equity in it but will sell for enough to cover…
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Endowment missselling - life insurance element
I have two complaints underway at present. One with Legal and General had to go the the FSCS, and I have had the judgement back. One of my complaints was that we already had life insurane in place and that we did not need the life insurance element of the endowment. We had no dependents at the time of sale - just husband…
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Pay Back early?
All I am a new member, forgive me if this is old ground. I owe £73k on a repayment morgage with 15 years to run. Monthly payment £600. I am about to take redundancy with a payout of approx £90K. Question is, do I invest the £90K, or am I better off clearing the mortgage and thus having no debts. Grateful for any advice.
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Will a mortgage be possible?
I am a little worried about weather or not my wife and I will be able to get a joint mortgage together - we are recently married this year but my partner has a couple of defaults on her credit file from back in 2003 when she split with her ex - 2 defaults both accounts settled in 2004 - she currently has no debt and has a…
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Will a mortgage be possible?
I am a little worried about weather or not my wife and I will be able to get a joint mortgage together - we are recently married this year but my partner has a couple of defaults on her credit file from back in 2003 when she split with her ex - 2 defaults both accounts settled in 2004 - she currently has no debt and has a…
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Mortgage company not taking payments!!
Hi, i remortgaged with Northern Rock (i was with Northern Rock previosly but moved to new product) over 3 months ago and have noticed since remortgaging they have not taken any payments from my account. I have anumber of other payments/loans/savings in and out my account and didn't notice untill a recent scan through bank…
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Capital Gains Tax & Mortgages
Hi All, I am in the process of obtaining a mortgage for my current home, which was purchased by my mother nearly three years ago via an outright cash sale, totalling £49,995.00. My mother holds the deeds and is willing to sell the property to my wife and I for £65,000k, 20k than it's current valuation of 85K. I want a…
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House Buy Fallen Through - Credit Rating Effected?
I recently got accepted for Nationwide for a mortgate to buy a property. The purchase has now fallen through due to the property being taken off the market. Will my credit rating be efftected when I tell Nationwide I no longer want the mortgage? I've never had bad ratings before and have £13,000 in savings. I'll be looking…
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what is an index valuation?
was in my bank branch today closing one of my old cc accounts. they did a print out of all of my accounts with them which includes my current account and mortgage etc Under the mortgage it says the outstanding amount etc and also and index valuation and the original valuation. The initial value was £155000 before we moved…
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Repay Endowment Compensation?
Having received my annual statement for my endowment from the Prudential this morning, I was pleased to see the growth that it has been achieving recently and thought I would ask a question of the scrupulously fair population of MSE. Let us imagine the scenario of, say Mr Brown. Mr Brown took out an endowment with a major…
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poor credit rating, can i get a mortgage?
i have a couple of defaults on my credit file from a few years ago these are: orange defaulted feb 2005 balance £57.00 capital one defaulted feb 2002 balance £612.00 both these were settled last year and ive just got a loan finally for £1000 just to build my credit rating up for 6 months to show i can make repayments on…
