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remortgaging
i need to remortgage. my 2 preferred options are as follows: 1 - call charcol, go see them, let them sort it out for me. 2 - buy a decent broadsheet, look at top 5 remortgage deals, call first and second recommended providers, go with best. any advice on which approach is best and why? or why both are naff approaches?…
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mortgage on a pension
My husband and I are retired with a pension income of 30,000 I am 56 years and he is 60 years old. We are mortgage free at the moment. If we want a mortgage of 25,000 to 30,000 on a property worth £375,000 how is this best achieved and will our ages work against us?
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council selling house to pay for nursing care
Not sure if i'm in the correct category? My disabled mother is required to permanently move into a carehome.Social services have informed her that she will have to sell the house to pay for this.She has a small mortgage remaining on the property.Her partner[my stepfather]has just died and she is very worried at this…
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mortgage compliant Help !!
Hi My dad changed his mortgage in December 2002 at a lloyds tsb branch but they did not action his request he complained in april 2005 and they changed the mortgage rate then but said they had no record of him being in the branch in December and unless he could prove it he would not get any interest back 2 months ago he…
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Is this site bias towards one mortgage broker?
In no way am I suggesting Martin is doing so on purpose/ for gain ... but would be interested in the thoughts ( well votes) of the regular users of the mortgage board - not about any particular thread nor about Martin's articles - but overall I'm not saying L&C aren't good at what they do, and I don't want people who have…
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remortgage questions
hi guys, this is my first post over here, normally i live in dfw land! my current mortgage rate has just ran out and as of december goes to the abbey's standard variable rate. i was on a very generous tracker with them for the past two years. prior to that it was fixed rate with the bank of scotland. to be honest i…
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Fees free or fee based advice. Which is best?
Hi all, I'm a long time lurker and I'm finding it difficult to start this thread. I know my views are going to be contentious as this subject has been touched on before and goes against Martins views and some of the brokers on here, however, over the comming year I think it's going to become increasingly debatable wheather…
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Mortgage Calculator anywhere?
We want to buy a house, but rent it out for the first 2 years, I was wondering if there was some sort of calculator to work out how much will be paid off by renting it for the first 2 years.... Anyone know of one?
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whot to do
hi i new to open plan but i have an open plan for £20,000 and i have £20,000 in savings ,should i pay of mortgage or just keep paying the mortage and when i finish in 8 years time i have still my £20,000 any advice pleaz
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Haven't Got A clue
I'm not in any position to buy anywhere as yet but I've decided I want to learn what I can now so I know what I'm doing when it comes to it! :D I've got a few questions if any of you are bored and feel like answering the same ones you have no doubt answered dozens of times before! :p 1) In general what percentage of your…
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Am i overpaying? please Advise.
We currently have a daily int mortgage of £89000, our payment date is the 16th of each month, but 3 months ago my husband pay day changed to the 20th of each month, so we made 2 mortgage payments at once to accomodate the change and now paying our mort approx 27days before the due date. we plan on paying an extra £400 a…
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Remortage interest rip-off
Help! In September 2004, my husband and I took out a remortage on our property for £15,750 with London Mortage Company (the original mortage is held elsewhere but we could not raise any extra money on that.) The terms were repayments of £151 per month for 25 years. Every month since then I have been religiously repaying…
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Help me help my daughter!
My daughter and her boyfriend are saving to buy a house. He is 26 and she is 21 in a couple of months time. Apart from telling them to make wills so that we dont share her part of the house on her death, and his daughter doesnt get her share of her dads part of the house on his death (doomongering i know), i dont have a…
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Tied into a Mortgage I can't afford
3 Years ago I took out a mortgage with a fixed rate for 3 years, the repayments were abour £650 a month and I could just about afford them. The 3 years was up and due to the intrest rate rises this means I am now paying £780 a month which I really cannot afford. However I then found out I was acatually tied in to the…
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Mis-sold Mortgage compensation guide lines
Hi I have received an offer of compensation from the Royal Bank of Scotland for a Low Cost Endowment policy sold to me in 1991 by Natwest Insurance Services. The Endowment plan was to cover a capital borrowing of £54,000 for the purposes of purchasing and secured against my house. At the time the of sale this policy was…
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A&L Overpayments
A friend has asked for help with numbers, and i knew the place to come for help. They have a mortgage (just started) with A&L of £162k over 35 years They are looking to overpay by £500 pm (£6k p.a.) They are trying to work out out much this is saving them in interest - their payments are £821.86 pm and the interest rate is…
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A question for those of you with Oneaccounts?
Hi I'm just starting to sort out the direct debits from my Oneaccount and I was looking for some advice on what date to do them for. My husband gets paid on the 2nd last day of the month, so what is the best date for the money to go out? Also interest gets added on or around the 13th. Thanks
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Nationwide & 'brand new customers only'
The recent furore regarding Nationwide's change in policy towards new and existing mortgage applicants got me thinking. Does this actually represent a step-change in the mortgage industry, or is it something that others have been doing for ages anyway? Does anyone know which lenders will still allow you, as an existing…
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1st time buyer - please advice
Dear Experts Can you suggest what mortage will be best for me? I am a first time buyer with no debt and good credit history. My purchase budget is around £100,000-£115,000. I am looking for 2 bedroom flat. I can pay £5,000 as deposit. I am interested in 25-30 year mortgage (as capital payment not just interest only).…
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Early Repayment Penalty-Any way out?
Hi.....we're 3 years into a 5 year fix with Nat West...if we repay now we wil have to pay several thousand in eary repayment penalty...is there any way out paying this?...thanks
