-
Can I...?
Hello All, I will keep this brief. I need to buy another house. Is it possible to get another mortgage and secure it on the equity on my first house? Very Many Thanks ATD.
-
Mortgage Lender being anti stamp duty
Hi, Myself and my boyfriend are looking at buying a new house off plan from Barratts. The incentives for us is 5% gifted deposit, stamp duty paid and £500 towards the legal fees. Their recommended broker has found a mortgage for us, but they won't allow for us to have the stamp duty paid or the £500 for the legal fees. He…
-
40k to invest for 1 year offset mort or high interest savings???
Hi I currantly have 40k in my egg offset mortgage which is 5.65% but not fixed. I don't need to touch it for a year would I make more in a high interest account, online or highstreet. If its not much I am not bothered messing about though. I know they tax any interest made on savings but don't know the mathematical formula…
-
HELP!! A & L messed up big time - I need money!!
I am so upset and annoyed. On Friday 17th November, I went into my A & L branch to apply for a further loan on my mortgage of £20000. Did all the rigmarole on the computer, the mortgage advisor said there would be no probs getting the money, would take 5 - 10 days. I said once my builder had got quote to me, I would drop…
-
Screw ups when remortgaging
Hi all, I am hoping, someone might be able to help me. I switched my mortgage to ING Direct from HSBC, and was until today very happy with the service. The remortgaging had gone well, no hiccups so it seemed. Today, I found out that ING Direct had sent my financial information to another of their customers. The information…
-
Cutting out the middle man
My dsil has offered to lend us the money we need to build a couple of buy to lets, (we already have the land). She wants to lend us the money because she is on her own, and no family, so everything will end up eventually in a common pot for our kids. Obviously we want to be fair, and just cut out the middle man, i.e.…
-
Mortgage lenders that offer the 5 times your salary Abbey Deal???
Does anyone know which mortgage lenders offer the "5 times your salary" loan amounts? i.e they base your loan amount on your affordability rather than just a 3.5-4 multiple of your salary. I know Abbey started it and it seems Alliance and Leicester have followed suit. Does anyone know of any other Mortgage lenders that…
-
Nationwide Credit Scoring
Initially, my gf and I were going to buy a house worth £125k, putting down a 10% deposit. We went through LLoyds (as we are in scotland, the lender was C&G afaik). This all went fine, got the full mortgage offer etc, but the house fell through. Cut to today - we are buying a house worth £125k, but having to pay a little…
-
Help please
We think our endownment company are guilty of churning. I have read the information on this site and the Which information and took the advice and complained. We were sold our current endownment in 1987 we already had a policy running for 3 years with Scottish Provident but was advised by our insurance agent that the…
-
Re Mortgage Advice Please
Hi all, I'm after some advice please, I'm looking at changing my mortgage lander, at present i owe £66841 but am paying a whopping 6.58% because my 3 year fixed has expired. I have 21yrs 7 months remaining but can't really afford to pay any arrangement fees, can anyone find me the best deal? many thanks in advance
-
Mortgage charge on a business
Hi, can anyone tell me what a mortgage charge on a company/business is? The company is in a voluntary arrangment and has had 4 charges against it but 1 is still outstanding. Any info on what they are would be excellent.
-
first time buyer advice ( sorry )
Hi guy’s im looking for some advice for a friend that’s just bought a house she’s a first time buyer. Her details are Income £21000 Mortgage £ 60000 Savings £6000 I’m a bit confused on which mortgage is suitable, im thinking 3 year fixed, just for the security that she wil know how much exactly she be paying each mounth,…
-
Equity Release..
Hi sorry if its the wrong place,cant find a heading for it anywhere else..........Equity release off my property....... Has any one done it,good or bad,any pitfalls to watch out for,I`m just about to retire and thought I had everything sorted but unfortunately my son has hit a pretty bad financial / marital problem,his…
-
Bank funded surveys?
Hi all, Not sure if this belongs in this forum or the other house buying one... but am I the only one who sees the MASSIVE ethical conflict in situations where banks PAY for surveys? I believe I am stupid beyond belief to have taken Lloyds TSB first time buyer mortgage which includes ONE free survey (whether you buy it or…
-
Moving House - £20k extra req!!!!!
Need some general advice please. We have sold our house for £180k and are looking to buy a property for £200k. Therefore, we require an extra £20k. I am with skipton at present with a fixed mortgage until 2009. What are my options to borrow this money? Can I add this figure onto my existing mortgage or do I take out a…
-
Buying out a partner following split
Hi There I would welcome any advice on whether I would be able to remortgage or the best way to raise 30k to buy out my ex partner on our mortgage. I am thinking of taking on the full mortgage 130k and raising another 30k to pay my ex partner, but this would equate to nearly 7 times salary. I am thinking would I be able to…
-
One partner with bad credit?
Hey guys, another question! I have a particuarly bad credit rating, which I am not proud of, and am working to improve it. Therefore when we get a mortgage it will be in my hubbys name only. Our mortgage broker has said this is fine, but whoever we get a mortgage of will credit check me too. What are the repercussions of…
-
How far back re late credit card payments?
When a mortgage company says "have you ever paid your credit cards late?" how far back do they want you to go? Eg, if you haven't paid a card late for 18 months, but you've paid adhocly no later than one month late prior to that, will it affect your borrowing power? Even if you have now paid them all off in full and have…
-
Virgin one account anygood??
:j hi Ive being thinking of trying the 1 account by virgin. Has anybody tried or heard anything about it? Ive seen the adverts and read some of the website but was wondering if anybody had any experience with it good or bad? cheers mark
-
Grrrr @ the Woolwich!
Received our mortgage offer last Saturday :j but needed to ask them to amend it as we had asked for fees to be added to loan rather than paid upfront. :rolleyes: Solicitor then picked up on the fact that the property address was incorrect!!!! :eek: :eek: :eek: Mortgage broker and myself desperately trid to get Woolwich to…