-
pay of mortgage - problems later?
Hi all I'm in a fortunate postion to pay my existing mortgage off, £40K. If I pay it off, is there any detriment to maybe taking another mortgage out in future years? Or will it affect my credit rating in a bad way etc? TIA wilse:beer:
-
Mortgage, where do I start ?
We have decided to move after paying off our currant mortgage which we had for 2o + years and starting again is so scarey. We were with the Halifax and we have been to talk to them BUT gosh, there is so much info out there where do we start ? Halifax gave us a figure on £100,000 around £700+ per month. This was based on a…
-
Remortgaging while in probationary work period
Hi, I am currently with the one account (used it while I was doing a loft conversion on my house) and the interest rates are higher than I want to pay (especially if the interest rate goes up again today). I want to switch mortgages but am in my 6 month probationary period in my new job. I went around a couple of months…
-
interest rates going up tday?
i have a variable mortgage of 64,000 on a house worth 185,000. paying 408 per month Should i change to a fixed mortgage considering that the interest rates may go up again? I am with HSBC. Any advice? Thanks
-
Quick Questions From First Time Buyer
Hi All, I am currently living with my girlfriend at her parents house. We have £5k deposit (plus a little bit extra we would rather keep as a "buffer" for us). I earn £14.5k but think I may be getting a pay rise soon - the only thing is I have only been working here for 2 months, but have been in constant employment since…
-
**Repossession/outstanding sum some 12 years later**
Double edged problem here. My husband (long before we got together) had a house back in around 1989-1994 and it was repossessed. He had a similar letter around 2 years ago but nothing came of it but then got another letter out of the blue a day or so ago saying: So, what can be done about this? We can't afford to pay that,…
-
poor credit rating - mortgage options?
Hi, i have no ccjs but recently disputed charges with barclays, recently went to 6 months over until they agreed to pay all charges back and went into credit. husband has a couple of satisfied ccjs. looked up my credit score and it was pretty low, something like 450 out of 1000, said very poor! anyway, i have alot of…
-
Hi Ya - Building Insurance Querie.....Where..How etc etc
Hi MSE's, Well we have finally received our Offer through the post from C&G, that would be exactly one month, when they told us no more than 10 days. Anyhow its through now, so we are pleased. The only thing is that i read on the report, that we havent taken Building Insurance out with C&G. It isnt compulsory to use them,…
-
Paying off mortgage
Hi i have a straight repayment mortgage 9 years left £20.000 to pay :T i noticed that i can take a loan for the existing amount left still paying it off in 9 years time and saving myself £50 a month, has anybody else done this or has anybody any thoughts thanks :beer:
-
Compensation offer..reject or accept
Norwich Union have decided, after i made a complaint regarding endowment mortgage, that i incurred a financial loss. I was wondering what are the chances of them upping the offer if i reject this initial offer and take it further? Also, wht is the best way to do so Thank
-
Ten year financial / interest rate prediction possible?
Folks :- I have an offset mortgage with First Direct and I like the flexability of being able to dip into it instantly / as and when necessary and overpay when I've got some money to pay back into it. I like first directs customer service and availability / accessability. I'm toying with the idea of getting their 10 year…
-
advice on buy to let
own house valued at 175k outstanding mortgage of 42k wanting to buy house to let at 110k but not got 15% deposit thinking of putting 20k on mortgage for fees deposit etc. is this the cheapest and easiest way to do it ? also been told fees for letting agent £350 and 15% of rental income is this the going rate and is it best…
-
2nd House Purchase
Hi, I'm looking for some information/advice. I currently own a flat worth £85k with a mortgage of £54k on it. These flats can attract rental income of £500/Month. I have seen a house that I wish to purchase, it is £137k, but I would like to keep the flat and rent it out. I am single and have an annual income of £33k. Is…
-
Desperately in need of help! Mortgage application declined, now what?
Hi all, Had a phone call in the morning from our solicitor that everything is progressing really well, yet another phone call in the afternoon from our broker (L&C) that our mortgage application is declined. :confused: I'm very upset with our broker. When he recommended IF bank, we had told him our major concern of being…
-
Difference between a Debt Consolidation Mortgage and Remortgage
Is there a difference between a Debt Consolidation Mortgage and a Remortgage where you are taking some equity out of your property in order to repay some debts? I'm not talking about the interest side of things more from whether a debt consolidation mortgage damages your credit file. Thanks.
-
morgage ............ a mine field.. Help
:confused: Can some body please help and advise me on the One Account for morgages... I feel rather stupid but what are they about and are they really what they a cracked up to be !!!!!!!!!!!!!
-
Remortgaging Decision
Our current Mortgage deal with the Northern Rock ends in December and we need to look at a new deal, the mortgage is due to run until 2013. We have £156000 on Interest only and £15000 repayment, so total mortgage £171000. £106000 of it is interest only and is meant to be covered by 3 endowments, 2 of which L&G aren't…
-
LTV when remortgaging
My partner and I bought a house 2 months ago on a 100% mortgage with a 2 year tie in period. With overpaying and home improvements over 2 years having 10% equity I feel is very realistic. How competitive are remortgage rates on 90%LTV? I know when buying it is best to have 10% deposit to get the best rates (which we were…
-
Endowment Misselling not attached to a mortgage
Help and support needed! I have seen some posts that would imply that my husband and I are not the only people to have been missold an endowment policy (not attached to a mortgage) by the CIS. We are looking for others who have a similar experience to ourselves in the hope that we can bring some justice to those of us who…
-
100% mortgage or 95% + 6% cashback
This post has been deleted
