We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgages & endowments

Archives for November 2006

Remortgaging for Dummies
Anyone have a link or can explain it in simple terms for me? I'm wanting to get a new bathroom and kitchen but don't have the cash. The plan was to save but that's going to take so much time that I'll be ready to move out by the time it's done! I want to enjoy the place looking good for a while. I have no idea what…
Northernrock Together - any other similar lenders?
Hi all My house is worth approx £135K and my mortgage is currently £98K. I want to lend enough to consolidate all of my debt (currently approx £38k). I've spoken with Northernrock who can offer me their together product. I can have a £107K secured loan with a £30K unsecured loan. The above is fixed for 3 years @ 6.19% I…
Mortgage credit search
I have been checking through our credit file and according to the Nationwide I applied for a mortgage with them on the 14/04, 21/04 and 21/08 they carried out searches. However I did apply on the 14/04 but dispute the other two. I querid these through the credit reference agency and Nationwide confirm that the one on the…
Help
Hi I am 33 self employed but can be paye if required, i am looking for a mortgage of about £120,000 i earn £1000 per week or thereabouts but have no savings for a deposit, no voters roll history, etc etc Is there a lender out there that can help? Is there any way of getting on the housing ladder? Thanks
can C&G charge interests while waiting for probate?
My husband had a mortgage on his name. Before his death he applied for mortgage holidays till the feb 07. Due to his death, C&G cancelled his direct debit but I 've been told that the interests still mounting up every month for the remaining holiday period even the account is suspended till I get a probabate. Is this is…
Let to buy - How does it work?
Hello, I'm just looking for some advice on future options. I currently have a house with a £100k mortgage and equity of £140k. If I was to rent out my current house to purchase another, what criteria would need to be fulfilled and how would it work? For example, would I need to change my existing mortgage to an interest…
Some Mortgage Advise Please
Hi, Im currently looking to buy a house but have some questions that i need clearing up. My wife and i are looking to get a joint mortgage around the value of 100k. Here are the problems. 1. My wife is from the Carribean and has only been in the country for 1 year she earns around 11k. 2. I am currently starting my own…
Please Help-Mortgages for Fixed Term Employment-Self Cert?
Can anyone give me any info on the best lenders to try for getting a mortgage while I have a fixed term contract at work and my husband is full time student/part time worker. We have a mortgage with Northern Rock just now and are selling up to buy a bigger place, so we have a deposit of £25,000 and we're looking to borrow…
Can I avoid another mortgage valuation survey fee?
Hi there, I have had an offer accepted on a property and I've already had a valuation survey completed. However, my mortgage provider Alliance and Leicester want to charge me £340 to have another valuation survey completed. Anyway out of this???? Look forward to any advice Campbell
Payment holidays does this sound right
Rang C+G and enquired about payment holidays for 6 months, we pay £412 and owe about £52,000, they said all that will happen is the monthly payment will rise by about £1 a month for the term of the mortgage which is around £15 years + a one off admin charge of £30 added to the mortgage (probably best to pay cash for that )…
Max we could borrow
Could anyone tell me how much we could borrow with the following info (thinking ahead): Salary 1 : 50k Salary 2 : 20k Maintenance received through court order: £1000 net per month No debt, excellent credit scores for both (mine is 999 out of 1000 re equifax at present) £80000 - £100000 equity to put down. DOWNSIDE: I paid…
Mortgage declined on affordability
We applied for a mortgage with the Abbey last Monday and was agreed on principle - they did credit checks over the phone, affordability etc. We submitted our application on Monday and were told yesterday we have been declined on "affordability"! No-one can tell me any more information and they have returned all our…
Mortgage/endowment - sane plan ?
I am looking at my mortgage and endowment with a view to the future. Do I stick or move mortgage ? Do I keep/sell endowment ? My circumstances have changed (new baby), so 1 less wage coming in so I need to reduce out goings. My mortgage First direct offset 6% (but have been offered 5.5% fixed for 3 yrs) I have £100k left…
Options for retired parents with mortgage
Hi everyone, wonder if I could ask for your help. My parents are past retirement age, though my Dad still does a bit of work. They are not great financial planners and still have a mortgage outstanding on their home which is due to be repaid next year. Unfortunately they have been paying interest only. The loan is…
Vacating Fee - another con ?...can it be avoided ?
Just had my Mortgage redemption statement from my lendor as a thank-you for my business they are kind enough to charge me a £150 vacating fee ! Is this standard practice for all lendors - how can they justify this when effectively they'll be doing sod all bar closing an account :confused: Is there anyway around this ? So…
remorgage bank agreed with me has now been withdrawn,help?
hi it came time to renew our tracker mortgage. so we agreed with bank of scotland a new rate in october before the bank of england rates went up. They never applied the new payment to the november payment..I phoned them and they said new mortgage would be in place for december.The extra money paid to them was offered as a…
How soon is doable?
Hi All, My wife and I have been turned down a mortgage twice in the past month. Both times, the reason was because I am too new in my job (1 and half months). I was unemployed for 10months beforehand (same time as our 1st born arrived and I had a bad shoulder). Before that, I was in employment for 3 years after leaving…
need advice !!!!!!
Hi me and my partner currently rent with her sister this has suited us so far but we both want to buy our own place im concerned that as ive been in my overdraft for some time we may find it difficult to get a mortgage i currently earn £20,000 a year my partner £13,500 with loans rent insurance etc my outgoings are £650…
Help need to remortgage now but will be moving and need to increase mortgage next yea
Hi can anyone give me some advice. I need to change my mortgage as should have changed it ages ago and am paying about £100 to much. The problem is I want to pay off a debt also so I can then save some money to move. We are looking to move April at the earliest and will be doubling the mortgage so will need to borrow more…
Can a relative deal with my mortgage for me in my absence?
I have been given the opportunity in my work to go abroad (other side of the world) for a year to work and I'm seriously thinking about it as I won't get another chance. The problem is that I am due to move into a new build halfway through this period and have not arranged a mortgage yet. Assuming that I arrange a mortgage…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Mortgages & endowments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Mortgages & endowments

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free