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Technique for choosing mortgage / mortgage repayment calculator
Hi all I am about to remortgage at the end of June, and am looking at the market now to choose who with. I always go for fixed rate (normally with a two-year tie in) as I prefer to know exactly what I'm paying each month without having to worry about interest rates. Having given it some thought, I think the best way to…
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Advice if possible please.
Hi all, After a bit of advice if possible. Heres the scenario - so to speak. Wifes income is around 27K, mine around 24K. House is in the wifes name only and she has no mortgage on it, so total equity in it is 170K. We would like to move and buy a home around the 300K + mark. Now, because of my poor credit record (60K + in…
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Too young for a mortgage? Advice please.
The worrier that I am, I'm 21 and thinking about mortgages..... (normal?) I'm currently renting with my boyfriend and we pay £700 on rent each month. I'm thinking that instead of watching my money disappearing into someone else's pocket could we get a mortgage? How would we go about this? Any advice would be greatfully…
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mortgage and employment advice please
I have a friend who is currently trying to purchase a new property with her partner. They have applied for their mortgage and have the mortgage promise in place. Her partner has left his current permanent employer three days ago for a job with a contract firm. As a joiner the work is pretty much guarenteed. However the…
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Endowment Mortgage
Hi, new to here, so here goes. I have an ex wife that has to produce £10,000 to keep hold of her home from solvency people. I had serious money problems 6 years back and had to declare bankruptcy. I contacted her and told her what was going to happen and that all she had to was buy their interest out which at the time…
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Advice on 100% mortgage ?
First time buyer need advice on 100% mortgage .. please writing down ' do and donts'. Thanks
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Advice on 100% mortgage ?
First time buyer need advice on 100% mortgage ..
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selling endowment
can anyone help. i have a target life endowment and have asked to surrender it 3 weeks ago and i still havent recieved my money i have been in touch with abbey life and they have said they need a deed of resignment from halifax, what a laugh ive never been with hailfax! does anyone now about these endowments
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Can anyone tell me
Hi there, A couple of years ago, my Mum was quite ill, and I stayed with her for a while to help her get back on her feet. At the time, there was a couple of bills that I got sent to her address (just so I made sure I wasnt going to forget about them). Anyway, her address is "linked" to me on my credit report. I have…
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Bad credit Mortgages who's the best supplier??
Any particular gems amongst the pack?I would be looking for short term mortgages with as minimal redemption fee's as possible,as I renovate houses,but my credit has taken a whack recently with several outside influences.And the redeption fee's are a killer
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New MAF
:confused: October 2006 I received a mortgage offer from the Abbey with a non-refundable mortgage administration fee (MAF) of £995. Asked if I wanted to pay this fee upfront or add to mtg - I paid upfront. 6 mnths on...Regretably (through no fault of my own) the house purchase was not successful. It appears that if I had…
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Large mortgage, and Credit Search for application?
Hi We are wanting to borrow a large amount of money and I think that IF or Abbey might be our best bets. The LTV is only 50% and we have no other debts. Does this sound feasible, and does anyone know any other companies who might consider us favourably? I want to phone IF and Abbey and get an illustration and a figure they…
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Interest only Vs Repayment
Hi all, I am looking at maybe taking out an Interest only mortgage. As a very basic example, here are some numbers: Interest only monthly cost: £750 Repayment monthly cost: £1000 If I am disciplined (which I am) and put the 'difference' between the interest payment and the repayment amount (= £250) into a savings type…
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Alliance & Leicester - 4 Year Step Discount Mortgage?
I was wondering does anyone else have the same type of mortgage. We will be coming into our 4th year in June but we would like to change our mortgage now so that our monthly payments are lower and for home improvements. I don't know whether it will be worth our while doing it in the 4th year and what the fees we will be…
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is it normal for the buyer to wait
for the vendor to find a house to buy before carrying out searches etc on your house.
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Mortgage Insuance Endowment
I tried to claim misleading info on insurance for mortgage from Standard Life. The response I got was that as my solicitor had arranged the insurance for me my claim was against him. The solicitor had sent me to the Insurance office to sign up the insurance documents. I was told there, that the mortgage should be paid off…
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Credit reports
Just a quick one... Does anybody know if when requesting £2 credit reports from the 3 CRAs by post, does the cheque need to be in the name of the person requesting the report? I know when you request online, they won't accept payment from a credit card not in the requestee's name. Does the same thing apply to the cheque…
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Is the oneaccount mortgage shrinker 2g2btrue?
i have recently taken out a mortgage with abbey, and with the recent interest rises, the monthly payments have increased more than i can comfortably afford.l tried out the online mortgage shrinker tool with oneaccount,advertised on tv, and it seemed as though it would save me a lot of money, reducing my total repayment by…
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Completion date to decide
Hi, sorry if this has been asked and answered a stack of times but here goes. I have taken the 5yr Fixed rate of 5.34 mortgage with the nationwide, we are at the bottom of the chain with nothing to sell (rented off council). The top of the chain have asked for a 1st June 2007 completion date (due to their mortgage ties). I…
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Self Cert Mortgage (with guarantor?)
Hi, I've been offered a self cert mortgage deal through a broker, but I have to make an initial payment of 5% and fees as there's no deal at 100% for me. I asked my broker about the possibility of adding a guarantor to the deal to make my risk from the lender not so high and to make it to 100%. I'm also a first time buyer.…
