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One Account mortgages
I am (or hope to be) a first-time buyer and want someone (who I believe) to simply tell me what mortgage is best for me. These One Account thingies look good. Seems that although the interest is higher, it's counteracted by shorter terms. How much shorter a term do you need to make this worthwhile? Anyone got one? What %…
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Advice needed - Any ideas
Here goes.... Me and hubby relocated in January after living apart for a year. All our plans included clearing debt and no children... so we bought a really lovely 1 bed... that would suit us for years... Then this weekend found out i am pregnant.. this is great news but our dilema is now.... We are tied into a mortgage…
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Need Advice
Hi there first time user here. I wanting help to get a Mortgage. I live in london working as bus driver earning 22k a year I am looking a t what I can afford and its not a lot. I am looking at a studio for 165000. Would I be offered this much by myself ? Many Thanks for you Help Medium Horse :confused:
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Re-Mortgage problem
Hi all, I recently re-mortgaged from The Mortgage Works to Halifax. When I phoned the mortgage works to enquire about what date the money should go in to their account, they said that it didnt matter as interest was charged daily and that when payment was due at the end of the month they would re-calculate the amount and…
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Second step on the ladder
Hi! This is my first ever post. Just looking for a bit of advice. We have a mortgage for £82k plus a secured loan of £12k with Northern Rock (we pay for it in one monthly payment). We recently had the house valued as we want to move closer to both of our jobs and were shocked to find out that we could probably only get…
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Delete please =) post no longer required
Please delete :)
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Question about Interest Only
My mortgage adviser has phoned and said that we are almost there with another mortgage lender. The mortgage packager has done a credit search and we have passed. That's great news! The lender they have found has an underwriter based in the office of the packager so she will be looking at our application based on…
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Interest only mortgages as interim measure?
Just wondered what your views were on this? I must admit its never something we've been comfortable with the idea of but I'm a Mum at home with three young kids and we are struggling every month at the moment. We have a £148,500 mortgage which costs us £987 per month (fixed for another 16 months at 5.15%). We have 20 years…
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Administration charges for closing mortgage a/c
I have recently decided to swap my mortgage from The One Account to Brittania Building Society because it was cheaper. When I decided to move the admin charge for closing it was £75.00 my new mortgage statement this month states £225.00. How can they justify a £150.00 increase? Also I never received the letter that…
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Interest Rates
We keep hearing in the media interest rates are about to start going up but has anyone got any idea when this will eventually start?
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morgage non payment costs
hi , i wonder if any one can help me, i took out a morgage a few years ago with a well known bank, and i fell into arears ,they sent me a leter saying they were going to take me to court, then i recieved a letter from there solicitor giving me a date to attend and saying if you pay the arears before the court date no…
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Leeds Building Society
Has anyone had any dealings with these, am thinking of taken out a mortgage with them and wondered what people's experience with them was. Any feedback would be much appreciated.
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Switch Endowment to Repayment and make overpayments?
Hi, I've a £160k mortgage on a £350k house with 10 years left to go and have around £20k in savings. Currently the mortgage is linked to a slightly underperforming endowment. I'm paying £778 a month 'interest only' to the Skipton and am well outside of any early redemption charge period. I could comfortably afford to be…
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Need to raise cash for home improvments..
I have a four bedroom property in Cornwall, it requires a new roof and windows. I guess around 15-20K worth of work. I have about 35K left on the mortgage with a monthly service of £250, so plenty of equity. I also have flat in london which is very little equity. I have a 12K loan, and 4K on 0% card. What's the best way…
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Countrywide Assured Endowment
We switched our mortgage to a repayment from endowment a few years ago but kept the endowment with Countrywide Assured as a kind of savings plan. However, we have had a baby (now 14 months old) and I now only work part time and at £130 a month we just can't afford to keep the endowment, as we would like to move to a bigger…
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would they?
Hi there, I am currently on a DMP with CCCS, I have a mortgage with BOS, I am considering remortgaging to pay my debts off, would BOS allow me to or see that I'm on a DMP and run a mile? Best Wishes Luke
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Scottish Widows Surrender?
I'm a bit unsure what to do with my House Purchase Savings Plan with Scottish Widows. The start date was Aug 99 and i've been paying in £74.38 a month. As far i understand i cannot sell this fund as is it a unitised with profit and so i can only surrender or keep on ploughing in the money. Target amount is £38,531. Latest…
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Self Cert Mortgages
Hi All,...Just a quick question regarding Self Cert's,... My Property is valued @ £175,000...=.....With a £75,000 mortgage outstanding,... I am self employed in a new business!...=...can not prove income,..no accounts, Had late payments in past,a few arrears which are cleared up,..would say not the best of credit history…
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reffused mortgage - Help needed!
My wife and I have just applyed for a morgage with Northen Rock and it has been declined due to a poor credit score. We were trying to get a %100 mortgage for 135000 Are there any other lenders who may be willing to lend that amount? Have already had offer accepted on a house so need to act fast.
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endowment advice needed.
way back when we were young and daft, we contacted a well known company originally about house insurance, the guy who advised us also talked us into taking out pensions (which we later discovered we were very misssold as our company had one of the best pension plans going) and my hubby asked about life insurance.. the…
