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Getting a mortgage?
Hi, I really need some advice. Me and my brother are first time buyers and we'd like to buy to let. We'd like to buy a property worth about £250,000 or less. With both our combined salaries we make £25k a year. We can afford to pay a deposit of more than 20%. What is the maximum mortgage we can obtain? We are really new at…
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Mortgage credit rating???
Hi just wondered roughly what sort of credit score was needed for a mortgage in general i now its a rough question was just looking for a rough idea. Thanks in advance!!!
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What about fees connected to lock ins?
Hi This may be a diferent thing from the actual claiming of mortgage exit fees but. I originally had a fixed rate mortgage which carried penalty fees if I moved during the 'lock in' which I understood it to be for 3 years. During the next 2 years I switched to a new lender and then found out that I still had fees to pay.…
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Baffled about which rate to go with for Buy to Let!
Hi, I have just spent most of the afternoon looking for a mortgage and am staggered by the choice! As anyone who read my previous thread will know, I am after a buy to let as a first time buyer. I have been given the all clear on 1 property which is available at the price i wanted it - £115k - privately. Its a 1 Bedroom…
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Buy to Let Mortgage Question
Just a quick question. Is it possible to get a buy to let mortgage for 100% of the property cost? Looking at the companies in the links in the mortgage area on here, it seems not. :-(
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Exit Fees Offer - Strings attached
I have exited two mortgages in the last year with Bank of Ireland, and last week they offered me satisfactory refunds on both of them. However, they like to call these "goodwill payments", which clearly they are not, and have asked me to accept the money "in full and final settlement" which I am reluctant to do in case the…
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HELP!! Financial Advisor Mortgage problem
We are trying to get money back from a financial advisor on a problem not relating to mortgage but they are querying salaries on an old mortgage. This was completed by the financial advisor on fast-track. I am assuming they are trying to say we o.k'd a mortgage based on information given to them which therefore is…
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First time buyers
Hi All, Just looking for a bit of help with a mortgage really... My partner and i are looking to buy a house costing 204950, it's a new build so get 5% deposit paid and stamp duty paid, also £500 worth of solicitors fees paid, we need a mortgage of 194702, so 95% Mu salary is worth nothing so mortgage being obtained by…
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Can We Claim On Surrendered Policies?
Hi Everyone, We just wanted to know whether we could claim compensation on our endowment policies, even though we surrendered them a year ago? We ended up with four under-performing policies as we just 'topped up' each time we moved. We have no idea how to go about claiming and although it's very tempting to get one of…
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Endowment Insurance cash in - can I have other policies?
Hi, We've got a Norwich Union life insurance for our endowment mortgage. We've got a quote for selling it which is £7711, surrendor value £6764. We are paying £27.53 a month and it matures in 11/2016, bonuses are £2494 @12/2006, sum insured is £22,000. Estimated payout, is about £12,000 in the mid point of the ranges that…
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deed of postponment
Is there anyting i can do ,my current mortgage company will not sign a deed of postponmet as we have a loan with them also ,we are taking a new mortgage with first national and saving ouselves 350 a month but cant do this now as they wont sign this paper so that they would be second inline if anyting happens to the…
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ftb and got bad credit
hiya all, we have done our credit check and it says my partner has a default on his. so we can get the mortgage we want the adviser has said we still can get a mortgage but at a higher rate and1 no any mortgage companys that my consider him for a mortgage? JUST SO I CAN SEE HOW MUCH ABOUTS IT GOIN TO COST AND HOW MUCH WE…
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Mortgage redemption fees - are we entitled to claim back?
In April 2004 we found ourselves in the fortunate position to be able to pay off our endowment mortgage. Now I appreciate banks don't like you paying off loans early, and we were obliged to pay a fee, which was broken down as £99.00 Deed Handling charge and £80.00 Discharge fee. Not being familiar with bank procedures, I…
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How Much Would We Save - If Anything!
I wonder if someone could help me out here... I had my mortgage statement thru today and the redemption figure to pay off in full was fairly low so got me thinking about whether it would be a good idea to pay it all off. Basically we have a five year fixed which ends 5 Jan 2009 (4.99%). We have been paying off 10% of the…
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Desperate help please on possible mortgage!!!
Hi Hope someone can help me. We are currently renting and pay £430 a month rent. We starting renting a year and a half ago when my hubby came out the RAF !! we were in married quarters before}. As we were unsure what job m.y hubby would get we decided to rent as the house was low rent and near to kids schools. The landlady…
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Help please - Mortgage repayement charge
I paid off my mortgage last year with Northern Rock and was charged £617 and an early repayement charge. Is any of this reclaimable? If so, how is the best way to go about it? Thanks for your time and help Darren
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Finding a mortgage advisor
How do i find a good whole of market independent mortgage advisor? Also how do appointments with a mortgage advisor work? Would the initial appointment just be working out what we can afford to borrow and going away with the details of a few products to choose from and then coming back to arrange an agreement in principle?…
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Best 2 yr Fixed rate? (remortgage)
hi my current 2 year fixed rate deal is coming to an end this week and I'm looking for the best deal, I would like another 2 year fixed rate. My current lender, Principality, fixed rate is 5.64% plus £135 admin fee (grr!) For the last 2 years I've been on a 4.89% fixed rate with them. Staying with them means a monthly…
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Mortgage Acceptance?
Hi, I was wondering if anyone could possibly advise regarding my current situation. I currently have a mortgage with Northern Roack which I have had for seven years. I entered into a trust in 2002 and this was concluded in Nov 2005. I noted that this is recorded on my credit file with all the major credit reference…
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Right To Buy
Am about to start the process of buying my council home, which I am hoping will be valued at about £60,000, maybe less (after discount). I have 1 CCJ from just over 4 years ago for £280. I live with my husband and 2 children and we have an annual income of £33800 (before tax). My husband has not lived with me for 12 months…
