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Re Mortgaging Questions + Brokers in Hampshire
Hi all I am after some advice about my mortgage and the fact that i am now due for a remortgage. I currently have a mortgage with the chelsea, which the fixed rate deal ends in a month and it is time to re mortgage. Does anyone know or recommend any good independant brokers in the Hampshire area? Around Jcn 9 of the M27,…
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Advice : Winterthur unitised with-profit endowment
A question on Winterthur unitised with-profit endowment I have a one of the above running (1998-2018) to hopefully payout £17k (ha!) I believe the £45/month premium I pay goes to buy units yet the annual statement shows the same number of units (~3500) since 2002. The bonus units added has been 0 since 2002. That is…
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Which lender's accept one CCJ? advice needed
Hi, My husband is self employed, his net profit about £25500. I am a housewife with no income but have a CCJ of £1311 which was served against me in Feb 2002 and was paid off in Aug 2002. This was due to a blip at the time and i was late with a couple of payments. When we bought our house together last year i was advised…
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Shared Ownership
Hello I am really sorry if this has been posted before. Is Part Buy Part Rent only available to keyworkers? Thanks Kate
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Paid-Up Endowment
I'm just coming to the end of maternity leave so will not be receiving an income soon and so need to stop paying into my endowment that is currently only a savings and not needed to pay off any mortgage. Can anyone advise if it is best to make a last payment and leave it where it is until it matures or make a last payment…
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Should I surrender Zurich Policy?
Hi. Bear with me as I have only recently discovered this site, and have NEVER added anything on a chat forum before! I took out an Eagle Star policy in 1991, and the target amount was £54,625. I have since received compensation for being mis-sold the policy. Eagel Star have now been taken over by Zurich. The policy isn't…
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Compensation Amounts?
I have recently made successful claims with Endowment Mis-selling but am extremely confused re. the amounts offered. Company Cover Date From Date To Shortfall Compensation Norwich Union £20000 09/1988 02/2011 £5700 £1400* - “ - £11000 - “ - 09/2011 £3000 £816* Stan Life £17630 01/1993 01/2011 £6000 £17630# --“--…
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Overpayments - Reduce the term or the interest?
We have a fixed rate repayment mortgage over two years. At the end of the two years (May 2008) we would hope to pay off a large chunk of the remaining loan. In the meantime we can make additional overpayments of up to 25% of the loan with no penalties and we intend to try and fully utilise this. However what is best when…
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Help - urgent BTL mortgage enquiry
Hello all An avid reader year for some time but this is my virgin post! Be gentle with me please. I am just in the process of buying my first BTL property. I have a tenant already arranged (my sister and her family) so it's a nice stress free let. Now I'm having problems with finding the right kind of BTL mortgage and…
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Remortgage - is it possible with lots of debt?
This is similar to another current thread, I know. I am a DFW and looking to save money. I have been advised to move my mortage to get a better interest but I don't know whether this will be possible given the fact that I have a lot of credit card etc debt at the moment. I have always made my payments on my current…
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MPPI - is it worth it?
As I am DFW I have been advised to cancel MPPI in order to save money. Not sure whether this is a good idea. Can anyone help me?
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Upheld Endowment Claim BUT NO COMPENSATION
HELP! My husband has recently claimed on an endowment policy which he did through a FREE service company. The basics of the claim are that my husband took out a mortgage with Prudential which was set up and advised through the NAAFI as my husband was at the time in the Navy. He took out an endowment mortgage and rather…
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Advice required
Hi I'm looking at geting some additional borrowing with my existing mortgage provider. Have received an agreement in principle but as self employed, they have asked for audited or certified accounts. Spoke to them to say I had neither as self-employed for 16 months. They said my accountant could send an 'account in…
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1987 endowment - Is now the time to give up ?
I took out an endowment policy in October 1987. At the time the property market was booming and since I was under 21 and needed to borrow over 90% of the purchase price, shopping around involved simply finding a lender who was prepared to offer the finance. The mortagage and endowment were organised for me by the estate…
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BMV mortgage
hello, I have had an offer of £181k accepted on a property valued by 3 estate agents on average at £230k. The vendor is facing repossession and wants to sell to clear his mortgage. Are there any LTV mortgages out there which will take the valuation over the purchase price into account when lending? I have been told there…
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first time buyer..RTB
hey all just making a move over here from the DFW board :) i have finaly decided to buy my house will be doing a right to buy. i have seen a few of the things that need doing and its now making my head spin :) one of the things im looking for with the mortgage is to be able to overpay every month. i earn around £21,000.…
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is this as far as we can go?
We have a Scottish Life endowment policy sold by an independent financial advisor on 7th April 1988. The policy did not come into effect until 27th July 1088, and expires 27th July 2013. The policy is going to have a shortfall of £9000. We have been through the complaints procedure, our last correspondence with the FSO…
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Angie2312
My husband declared himself bankrupt 14 months ago. The house we live in is currently mortgaged in my name only. We have an expanding family and wish to move to a bigger house. My credit rating is excellent. Can we get a joint mortgage? I understnad because of his bankrupcy we will have to pay a higher rate, but does…
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Best rates for remortgage?
Aaaaghh its so confusing! So many providers and different offers to compare! Just wondered if someone could point us in the right direction. Our situation is pretty straight forward really. We have a 190,000 house and looking to remortgage and get an additional 10k of cash for some upgrades to the house that need doing (I…
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Woolwich interest charges on reserve a/c
I would love to hear from anyone who can give me advice regarding interest charges on a reserve account linked to my mortgage. I took out a discounted mortgage with my then husband with the woolwich. Now divorced and found out that my ex had been taking money out against the current reserve account. This account lay…
