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Mortgages & endowments

Archives for March 2007

FTB mortgage and finance help
Hi All, I'm a FTB and been looking at a new property purchase in my area, and prices round here are stupidly expensive!. I've been looking at a 2 bed flat at 149k, with the 5% deposit and stamp duty paid etc. I have approx £15,000 of savings, with £1500 on a CC. i'm 27 and earn 24500k before tax. Now I've had a mortgage…
* Have a AIP for mortgage, but now going to view concrete building *
Does anyone know or have experience of any difficulties with nationwide mortgages and concrete buildings? I'm looking for a 10 year fixed mortgage for 5.3% I've been told to go to a whole of market broker, which I'm still considering, but lots of people have also said that I have a good deal with nationwide. So back to…
Offset or not?
Hi, my partner and I are looking to buy a house together in around 6 months time. We plan to buy at around 250k with a deposit of 100k, maybe more. We will have no savings at that point. Our outgoings will be around £1,500 per month (this includes an est figure for mortgage), our combined income will be a minimum of £4,500…
feeling fed up, un decided about house move and finances
Hi this is going to be a long one but sad as it seems we don't have any family around us so i can chat it over with anyone else and me and the wife and been over and over this today and its getting worse rather than easier. we are selling our house for 295k (which we have 66k on our exisisting mortgage, and we have a loan…
help re 1st time buyer
Hi, hoping someone can point me in the right direction. I am a 1st time buyer looking to buy asap, I have a large lump sum deposit available due to a family member but my problem is i have not started my job yet, i know what i would be offered on my wage however i am not starting until dec. is there any mortgage company…
help with credit rating/future mortgage...
at the moment i'm a poor student, and being the ignorant person i am, i've racked up a load of debt and defaults etcetc and my credit rating is actually terrible to the degree even the provident turn me down for money... now, i won't actually be qualified for another 3 years but when i graduate i'll be a teacher, so fairly…
Adding more to deposit
We have now seen the house we want and just need to get it for the price we want. We have the maximum mortgage we want to take out, not the maximum we can get but what we comfortably want to borrow and pay each month. However as the property we want is on at over our set budget we may have to bargain hard. However we have…
Morgage Help
Hi I am looking for some advice. My wife and I are looking to get a morgage and buy our first house. We are currently renting We have a joint income of around £50k and I just want to know what would be the best for us and what sort of morgage we would get (Value) Also what sort of cash up front would we need? Do any…
Key Facts
Can someone please help put our minds at rest, we recently recieved our mortgage offer but it excluded the fees we are due to pay, but in the key facts this was included, so if there was a chnage should our FA not have included a new key facts, as it is if it is not reolved we look set not to be able to proceed as well be…
What's the chances of getting a mortgage?
..........
Mortgage want to change to interest only but lender won't agree
Hi, I am currently in the position of selling my property, it has been on the market for 5 weeks. I wrote to my lender Nationwide and asked if i could change my fixed rate repayment mortgage to interest only and add my 3k arrears to the end of the mortgage term. They have finally wrote back today and said i cannot because…
bit of advice please
Hi folks looking a bit af advise please, though like many q's here i suspect there is no easy answer i have an existing mortgage of £70,000 at fixed rate 4.75 which still has two years to run. I have been told by lender redemption penalty is £1600 to leave now i am about to move house and take additional £30,000 borrowing…
Joint mortgage to single mortgage query
I currently have a joint mortgage with Halifax for myself and my mother who lives with me. We are both on the house deeds. She is now retired and the mortgage has always been paid from my salary (she paid a lump sum for the house in lieu of paying monthly). Is there any reason why I can't apply for a mortgage on the…
Fixed rate mortgage coming to an end
Hi all This is my first foray on to this board so please be kind.:D Im looking for a bit of advice as my mortgage fixed rate is coming to an end in three months. SOA is that I took the mortgage in my name nearly three years ago but my circumstances have changed. I now have a partner that supports me and im a SAHM. The…
Northern Rock redemption fees
Has anyone had any bad dealings with this company in relation to ending their mortgage with them and switching to a new lender. Basically I got a "illustration only" redemption figure in December and now Im switching to another lender, asked for a up to date redemption figure and understand the early penalty figure, admin…
Mortgage fees
I redeemed my mortgage with the Alliance and Leicester in January 2005 :D I was charged an Early Closure Administration Charge of £295:eek: I complained at the time and this was reduced to £195:j . Having read all Martin's comments and the FSA Statement, I wrote last week asking why the fee I was charged was £195, when on…
Should I cash in my Endowment?
I am a single Mum of one son and I graduated last Summer. I am due to start a PGCE course in April and even with student loans and grants, my income won't stretch to paying all the bills. I am currently working part-time at Asda and receiving Income Support, but I won't be eligible for the Income Support once I receive my…
Mortgage insurance cover
Hi everyone, I'm getting a joint mortgage with my partner (woo hoo!) and I'm just wondering about getting cover for it. Is there such a thing that would cover the mortgage should I get ill, lose my job and/or die?!? :rolleyes: I know you can get cover should I die, but I'd like the security of cover if I lost my job etc. I…
Who owns the house?
Hope someone can offer some info here. My dad died last month, leaving everything between my brother and me. This basically means the house. Have found out that there was still about £20,000 mortgage to pay and he didn't have any life insurance. Where does that leave us? Does the bank own the house or will it belong to my…
CeMAP Course
I bought the CeMAP course from a website called the Herne Group, i didnt realise that i had to buy it directly from IFS, so now to register and do the tests i had buy it also from IFS, so ive bought the same course twice. How can places sell a course like this? Have i been conned by this company? I sent them an email how i…

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Mortgages & endowments

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