-
Debate Between Husband And Wife Your Opinion
I Currently Have A £65,000 Mortgage ,i Also Have £50000 Endowment Due To Pay Out In Four Years ,i Think I Could Be Mortgage Free In Five Years But My Wife Now Wants To Borrow £30000 To Build An Extension This Will Mean I Would Not Be Mortgage Free For Another 12 Years Or Longer ,my Wife Thinks Having A Bigger House With…
-
What are your thoughts?????
We are looking for a remortgage as we are back on svr &.39% and no longer have a tie in. A&L our current mortgage lender have offered us 2.05% discount for 2 years off the standard variable rate of £7.39%. With an arrangement fee of £499. We want to borrow approx 80% of the total. Is is worth trying again with L&C brokers…
-
Need some Shared Ownership Advise
I understand the principals, as I work for a conveyancing company but im not too clued up on how I apply and if I can apply as a sole applicant and most importantly which lenders do the mortgages for them. Any help would be much appreciated.
-
Kensington
I have recieved a letter from Kensington today increasing my mortgage rate to 9.7%. I am not aware of ny recent hikes in the bank rate or have I missed something. I would love to get out of this mortgage altogether but having been made redundant last year and still on JSA my chances of getting back to a High Street lender…
-
Higher mortgage 2 years in a row?
Had problems with title. I own a house with my ex, he has maved out and my new partner is living with me, I have a financial arrangment with my ex about buying him out, so no worries there, we are still friends. Well anyway, we are getting the money together now for him and hope to re-mortgage with my new partner. What we…
-
Need a mortgage with high income multiple
Hi, I'm about to give up hope here but thought I'd try this board before I do. I have had an offer accepted on a lovely flat in London for £250k. I earn £43600, (I get a bonus but can't include it, its not guaranteed) and was looking for a mortgage of £237500 (95% LTV), 5.4 times my income. I know its a lot. I would like a…
-
On Maternity - Looking to Move...any advice?
Hello There! I hope someone out there can help me - I have read lots of messages and I'm sure someone can! I'm currently on marernity leave. Not due back to work until November 07. Maternity pay finishes in 8 weeks. I do not intend to go back to work if I can help it, as after childcare it won't be worth my while. My…
-
Endowment claim help please!!!!!!
I just wondered if anyone could give me some advice about my endownment. We have received one lot of compensation last year for an endowment taken out in 1993, but the second one we have was taken out in October 1999. We took out a further endowment because we already had one and whether there were any warnings around at…
-
Endowment update: payouts still falling
Latest edition of the authoritative Money Management survey show that the final payouts on endowment policies are still falling at almost all life offices.Most are paying out half what they were at the peak - or less. :( What will you get? Click on the chart to see the figure for your provider.
-
How much is our mortgage capital??
Dear All, My question may seem silly to many but being a first time home owner this is totally new for me. We are selling our house and I am trying to work out how much we paid off our mortgage. It seems that in the last 31 months (since we bought our house) we paid £9300 (around £300/month) in form of a capital and…
-
No response from Endowment provider...
Hi, I followed the link to the 'complaint letter generator' and sent off my letter (to Legal & General). After 2 weeks (period specified in the letter) I haven't heard a dickie bird. Do I: A) Do nothing B) Write again, recorded letter this time c) Call up or anything else? Maybe the 2 week time limit is not realistic, but…
-
Taking a claim for mis-selling through Court
I wrote to the Nationwide complaining about my Standard Life endowment policy back in 2003. They rejected my claim and I did not appeal to the ombudsman within 6 months. My plan has just matured with a £4900 shortfall, so I have decided to take out a claim through the small claims court. Has anyone any assistance or…
-
Buy-to let mortgage - tenant coming off Housing Benefit
My OH has a flat, the tenant was on HB etc. Tenant has now found a job. The Housing benefit is paid a month in arrears. When tenant told HB that he had a job, and what would happen re the rent -they advised it would be paid in April. BUT, of course, the payment for April will the the rent for March. So far OH has not been…
-
Worried
Hi There, Went to see my mortgage advisor yesterday, to apply for a mortgage of £190,000. We are putting down a deposit of £52000. We bought the house for £242,000 & its valued at £250,000. Husband is self employed. He first started his business in feb 2003 on a part time basis, then, Nov 2005 went full time self employed.…
-
Mortgage help please.
somebody mentioned to me that if you and your partner was going for a joint mortgage and one had poor credit you could ask a mortgat advisor to put both wages towards the mortgage but only have one name on the mortgae.ie the person with the good credit.Does anyone know if this true? Any help appreciated
-
Equity Release
I didn't see the TV programme earlier this week, but heard that Martin appeared at the end and was very negative about the concept of Equity Release(?) Sure, the cases mentioned on the TV were scandalous, as they were sold back in the late 80's when there really were Equity Release problems. But since then with SHIP (Safe…
-
Adding my Salary and Own Company Income Together
I'm coming to the end of a 3 year deal with my mortgage lender. They have offered me a better rate etc and I'm going to call them to discuss tomorrow. It is a joint mortgage at the minute but my partner and I are splitting so I want to take over the mortgage myself. I believe this is a transfer of equity. The mortgage…
-
Mortgage arrears management fees.
Mortgage arrears management fees. I have arrears on my mortgage account that are entirely made up of charges called an "arrears management fee", which are £50 every month plus interest. As these are essentially bank/building society charges, can these be claimed back in the same way that is advised for other account fees…
-
Low Credit Score - Want 100% mortgage
I am trying to get a joint mortgage with my mother who already has a property, she has high income and only 1 late payment on her credit report, which she is going to take up with the company i have a few late payments over the years. We have been turned down with Northern Rock & Bank of Ireland for 100% mortgages. We…
-
Offset Mortgage Calculator?
Hello, I've been looking for a good Offset Mortgage Calculator, the ones on lenders websites are great IF/EGG etc but they only allow you to add basic savings scenarios. I've got savings coming in various lumps (around 3 or 4 a year) over the next 10 years, I can roughly predict how much these are going to be and I'd like…
