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Graduate Mortgages
As a first time buyer, I have many queries about my options -some of which have already been addressed on the forums **paton the back** thanks all! I now also realise that a graduate mortgage would be a good option, as I have only just graduated! Does anyone have any pointers on who is a good lender, or even just general…
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Endowment surrender offer help
I have been offered £13,549.00 to surrender my endowment on my house by (surrender link) the endowment has been running since 26th March 1986 Current value is £12,540 min pay out at maturity is £16,583 (pay out date) 27th March 2011 Standard life is the mortgage company it should have made £26,800 so have a shortfall of…
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Fixed Rate 5 or 10 years?
Me and my boyfriend's 2 year fixed rate mortgage is coming to an end so we have been to see our lender today to see what they can offer us in remortgage terms. We were initially thinking of a 5 year fixed rate but our advisor has recommended going with the 10 year. Looking online the rates for 5 and 10 years seem to be…
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changing mortgage whilst pregnant/SAHM
Hi all, I wonder if you can help put my mind at rest? We have just bought our 1st house on a 2 year fixed rate repayment mortgage with Abby. We are planning to start a family ASAP (I.E as soon as it happens) but I have had a terrifying thought. I am the major earner so how do we go about getting a new mortgage deal at the…
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Budgeting for home ownership
I'm contemplating buying my first house, having been renting for many years. I'm now trying to work out what I can sensibly afford to pay as a mortgage and how much of my savings I should use as a deposit, and how much I should retain as a safety-net. I feel that a sensible person would draw up a budget, but I really don't…
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re-mortgage question.
Not to sure how to ask this. I am in a very tight financial position. I owe out £25k on several credit cards & a loan. I`ve got lots of late payments on the ccards, but all are up to date now . The mortgage had a few late payments 10 months ago, but that is also up to date ( with on-time payments for the past twelve…
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Anyone recommend a 100% and above mortgage?
We are purchasing a new build for 330,000 and need another 20k on top to pay off credit cards and loans etc. We need to pay of these in order to be able to afford the monthly payments on the mortgage, as we're making a fairly big jump in the market (part ex current house for 215,000) It actually works out that we need abou…
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Can you split a mortgage?
I am a first time buyer looking to buy an house with my partner, we have been together less than a year. If we were to take a joint mortgage on and for some reason several years down the line we spilt, could we split the mortgage?
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self cert buy to let
I want a buy to let mortgage but cannot prove my income. The mortgage will be less than 75% ltv so the rent will comfortably cover the mortgage payments. I have seen some good buy to let rates but many of these lenders insist on seeing payslips. Which lenders just look at the rental income and will not mind if I am not in…
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sub prime
hi there all, ok i would like some ideas of the best sub prime lender there is, i earn 20k per year my gf earns 12k per year we have 11k deposit and the purchase price is 110000, we both have quite bad credit ratings and expect to pay over the odds hich is fine as we can swop in a few years when they have improved, i also…
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endowment advice please help
I'm a new member looking for some advice regarding my endowment policy.I took out in July 1994 I have received a statement and i'm just wondering whether to keep it or stop contributing towards it.I just keep receiveing Guardian financial services letter stating their ever increasing charges.I'm posting all details I have…
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lump sum repayment to mortgage- best deals
Hi My partner and I are purchasing a house valued at £375K. After selling his flat we have a deposit of £85K (LTV 74%) needing a 240K mortgage. But we hope to sell my current house in the next few months releasing a further £65k. Most of the best discounted deals seem to only allow a 10% overpayment each year... leaving us…
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Free Free Broker Please - Advice
Hi I've got a mortgage agreed already with Portman Building Society - 2 yr fixed at 4.something%, and I've seen a property I like but I'm about £5K to short. I've gone with the Portman as these were my existing lender before me and my partner split and I've not tried anyone else, but they can't give me any more money,…
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is this possible ?
Hi there, my situation is this: I own outright (mortgaged paid off) a property of value around £270,000 in London which i am letting and receiving around £850 per month income. I now wish to buy a property in Edinburgh, as my principle dwelling, for around £250,000 but ideally would like to keep my property in London as…
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Converting to Repayment
1st post - so apologies as this will have no doubt been addressed 1,000,000 times before - so I'm happy if you just point me at the post I need. I have 5 yrs of a 25yr endowment policy left to pay a bit of my mortgage. In the last two years the projection has gone from red to green. Projections are that it will have a…
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HSBC Fee Free mortgage option
I am a first time buyer and know practically nothing about mortgages *though I am learning!!* We have got one of these agreed in principle but I'm wondering what does that mean we get free? The interest rate is higher on the fee free mortgage and I'm wondering if it'd be cheaper in the long run to just pay everything up…
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looking for 'Buy to let' mortgage
Hi, My partner and I are looking for a 'Buy to let' joint mortgage and would appreciate any good advice/suggestions. I am self employed with over 5 years of certified accounts with earning on average of 20k per year. My partner is employed but with a lower salary 12k per year. I have been told that 'buy to let' lenders are…
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Self-cert / Fast-track
Hi, I've been self employed for about 16 months and do my own accounting etc (self assessment). My mortgage details/requirements are as follows: FTB 120k property value (75% LTV) 90k loan (30k savings) 31k/yr earnings Self employed, no audited accounts (but can provide bank statements of earnings if needed) No bad…
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bit of advice- home improvements funding
We have bought a house in april for £120k , strucuturally sound but needs a bit of work to get it as we want, but its a great size and we are very happy with it. We are currently putting a kitchen extension onto the house which we able to pay 1/2 of already. We are wanting to borrow an addtional 25k, this has been turned…
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buy to let mortgages
hi all, I was looking for some advice on buy to let, my better half and I are considering this but really know very little. Im particularly interested in how much of a deposit is normally needed? What borrowing formula would banks use to deterimine whether to give you it or not. Id prefer to have a repayment mortgage but…
