-
Appealling against ombudsman
We've been going through the endowment mis-selling maze. Yesterday, the ombudsman informed us that he was not upholding our claim even though his adjudicator recommended that it was upheld (lovely letter to receive 5 days before Xmas). We have until 8th Jan to appeal - we're in for a fun festive period! I just wondered…
-
Interest only to include overpayments?
Hi all, same old caveat for the start(sorry if this has been asked before) but i've been informed that if I took out an interest only mortgage then made overpayments on this to match what I would be paying if I was on a repayment mortgage then the overpayments come straight off the capital owed straight away, unlike a…
-
How do I "sell" an endowment ?
Hi, Apologies if this is a silly question, but I am trying to build up an idea of the general area of selling endowments when I contact the endowment company to surrender my policy. Some background: I have an endowment policy sold in 1995 (matures in 2020), which is seriously under-performing (predicted £30k @6%, target…
-
Remortgaging Fixed or Capped??
Hi I am remortgaging a £44000 mortgage. i've come to the end of my product period. My own company Kent Reliance is offering me 5.5% fixed for 3 years - repaying 3% of amount repaid if you close early then none- £75 booking fee. They also have a 5.48% capped for 5 years with exactly the same fees as above. i've looked…
-
Money from Old Endowment
Hi All, I MAY have an old mortgage endowment policy somewhere. I bought a flat in 1982 or 1983 and think it likely I was sold an endowment. I didn't have the flat for long and left in Jan 1986. If I had a 25 year policy this would be due to mature in 2007/8. Does anyone know if the payments I made would have been…
-
Buy To Let......Best deal!
Can anyone point me in the right direction please for the best place to get a mortgage. Thanks
-
ING direct mortgage ? too good to be true
I am in the process of re-mortgaging and have discovered ING direct flexible morgage. Interest rate of 5.14% variable with no arrangement fee, no valuation fee, no legal fees, no early repayment charges and no admin fee to leave mortgage early. Is this too good to be true?
-
Remortgaging and survey came back low valuation, need comparables, which site?
I'm in the process of remortgaging and valuation of surveyor came back very low. I haven't got an over inflated idea of my houses worth, the valuation is genuinely very low. Which are the best internet sites to get comparable house prices from please. I need selling price rather than asking price, I think and obviously…
-
True Self cert mortgages ... help!
Who's doing the best deals? I'm self employed with no books through a chartered accountant so getting a mortgage is a nightmare. i have been offered a mortgage through bristol and west, but they are offering me a 6.7% intrest rate (fixed) for 3 years with a £599 arrangement fee. The problem is, im 22 and my wife is 21, and…
-
True Self cert mortgages ... help!
Who's doing the best deals? I'm self employed with no books through a chartered accountant so getting a mortgage is a nightmare. i have been offered a mortgage through bristol and west, but they are offering me a 6.7% intrest rate (fixed) for 3 years with a £599 arrangement fee. The problem is, im 22 and my wife is 21, and…
-
A&L Redemption fee - why higher than the rest?
Hi all, first post so apologies if this rambles on more than necessary. I've been a subscriber to the site for a while now, and as a result have successfully obtained many a refund / compensation payment from various institutions. My posting concerns the A&L mortgage redemption fee, and why it is sooo much higher than…
-
Mortgage ponderings.
Hello folks... I am in the lucky position of being married to a homeowner, and having just received a lump sum of cash from my great aunt who recently passed away. Our current house is a 4 bedroom. 3 storey (and extensive cellars) Victorian corner terrace house, however it is in a bit of a sorry state - no central heating,…
-
Advice wanted from remortgage experts
Hi folks Looking for some advice. I have a 1 bedroom flat which has a mortgage of ~£22500 with 21 years left. The flat is imo ~£30000. This value is me going by what other flats in the area go by and isnt an actual valuation. 4 years ago when i bought it was valued at £25000. Halifax mortgage, My interest rate is always 1%…
-
Paying £20k interest only mortgage off with a loan
(Long Post) I have recently found this site and have used it to sort out mine and my family's finances. Currently I am looking at my mum’s mortgage. She has an endowment mortgage which she has successfully claimed back some money through being miss-sold it (with help from this site!). She has however kept the policy as she…
-
halifax mortgage over-payment
Hi All we took out a new Mortgage on our new house last month I went into the Halifax this morning to make the first of what I hope to be many over payments.(want to murder this loan) funny thing is the teller had never heard of anyone ever doing this and was unware it was possible ?? She called over another person with…
-
Arrangement fee vs Interest Rate
Hi, just looking for some advice on renewing my mortgage vows:confused: I owe 115,000 on a 27yr term repayment mortgage. I'm going to stay with halifax (i've left it too late!) and i want to do a 2 year fix. There are 3 options i' m looking at 5.49 for a £499 arrangement fee 5.69 for no arrangement fee or 5.29 for £799…
-
Am I stuck with this mortgage?
Sorry, first time post so if I do anything wrong, apologies. We were in a situation about 18months ago whereby we had a lot of c/card debt and my DH was self employed so we had to go via a mortgage 'packaging' company and did a self cert mortgage. Got really stung on fees etc., but that's another story. Our mortgage is…
-
Hmm is this FSA trying to pull wool over my eyes re: mortgage??
Well as a complete novice in terms of money... I am beginning to grow up and even went to see an independant FSA about a number of things..one of which was a possible mortgage, fixed for 2 years. I asked him for the best deal for me (I'm a lone FTB). He took my details and sent me the key facts which essentially said I…
-
Mis-sold 2 mortgage offers from the same IFA
Hi, I think I have been mis-sold 2 mortgage offers from the same independent mortgage firm and was wondering if this should be referred to the Financial Ombudsman Services as I’m having no luck with making complaints with them. I took out a mortgage offer dated 4th August which the offer expired on 30th Nov and paid a £499…
-
C&G a nightmare- wrong product TWICE after 3 months waiting
Hi- Just posting to let others know our situation and ask for advice if any possible? We are buying a 1st-time buy flat. 80%ltv. Applied to C&G for tracker with no ERCs over 3 months ago. C&G took AGES to even send the valuer round- vendor nervous etc. Finally all done and offer sent 2 weeks ago- COMPLETELY different…
