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Good Credit Rating + Bad Credit Rating = ?????
Hey Guys! I have a really good credit rating but my boyfriend's is not so good (he had a three year Trust Deed (Scottish thing like an IVA I think) which has just been completed and discharged). We have our name down for a new build house and we would need to get a mortgage arranged for September but I would like to go and…
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How is mortgage interest calculated
OK - I've a budding first time buyer entering into the daunting world of getting a mortgage. I've been researching the whole business lately, and while the process and terminology is explained thoroughly, I'm struggling to find information on how mortgage interest is actually calculated. So far i understand that mortgage…
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Not sure what to do
Evening all, have spent a lot of time following this site over the last few months and would like to say hi to all who post, I feel that I know you all personally. Not sure if I should post here or in mortgage free wanabe page but I will try here first. We have the opportunity of paying off the mortgage on our joint owned…
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Unsure if I have a case
About 18 months ago I added about £5000 to my existing mortgage that has only about £15000 outstanding and I was charged over £400 for the transaction, would I have a case for asking the bank for a reasonable refund under the overcharging dispute currently running If so could you direct me to the letters and Instructions I…
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16 years paying £42,500 mortgage – only £4,000 paid off it!
I would welcome advice from any mortgage experts (Martin in particular) if they feel I have a case for complaint. I have just paid off my mortgage after selling the house. The £42,500 mortgage was taken out in 1990 and was a repayment mortgage. My query is against what I have actually paid off the mortgage after 16 years.…
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Northern Rock charging 19.8% APR on mortgage
I have just had a fleeting visit from a relative. She is having a hard time of it. She has lost her job and is finding it hard to get another one. She was on a variable rate with the Northern Rock for her mortgage. She said they put it up to 24% APR. She only owes £3K. She has asked them for a remortgage and now they have…
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Mortgage fee's for being in arrears
Hi I am fairly new to this site and have recently filed a claim against my bank for a refund of fee's in the small claims court. This has lead me to thinking if I can do the same with my mortgage. I lost my job a few years ago which caused me to get into rather large arrears with my mortgage. Fortunately now I am back on…
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Re-Mortgage
can anyone give me some advice after being tied to a mortgage for 5 years we were given the wrong tie in date for our fixed rate we were told it finished in may but in actual fact it finished in Feb are we entitled to compensation and money back for paying the higher intrest rate
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Saving Money at Source: Contracts and Penalties
Hello to all money savers, This is my first post, so please bear with me! It's great to hit upon a money saving idea, and even better to recoup money that you have already had to shell out, perhaps grudgingly (and even unlawfully), and I know that Martin and the wider community of this site have been pivotal in the plight…
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I am worrying over nothing????
We presently have a morgage and with all the interest rises we have asked our morgage provder to switch to a fixed rate morgage for two years.I thought it would be that we just ask and they swap it over but no we have had to go through a morgage application again they also said a solister would have to get involved which…
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advice please
my boyfriend has debts, if he gets a mortgage will he have to start paying them off? (we currently aren't paying them :( :o ) or not? also, can people who go bankrupt get a mortgage? I have good credit history but don't have a job, would i be able to get a mortgage? but use my boyfriends wage to pay the mortgage, sorry if…
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buy to rent mortgage help please
hi guys.... I am looking to get a £204,000 mortgage on a by to rent property..... Would it be best to take out a 3 years mortgage or 5 years? Can anyone provide me with the best/cheapest prices etc.... currently my financial advisor has given me the option of a 3 year btl tracker with a rate of 0.24% above the bank base…
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please please help!!! re bankrupty
Hi everyone, hope someone can help me out here. I went bankrupt on the 16th may 2003, was discharge 1st April 2005. sent £60 of to the court for a certificate of discharge which I got. About September i got a broker and started trying to buy my council house i am in full time work and can afford the payments now. She the…
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Reclaim your unfair mortgage charges too
I used the template letters to reclaim most of the final repayment charge of £275 applied by my mortgage lender when I switched mortgages last November. This was the admin fee for closing the account, NOT a redemption penalty. Defaqto estimates that this costs a lender around £35. At first they tried to fob me off, saying…
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mortgage on temporary contracts
My OH and myself are currently students. We expect to have graduated by this time next year and my OH already has a job lined up. The problem is that this job, and all the ones that I would be applying for (basically all in our field) are 2 or 3 year contracts. Some people we work with have had problems getting mortgages…
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Help! Credit rating problem :(
Hi, Mortgage application was done through L&C with Halifax. Unfortunately L&C made mistakes in our application - my house number was wrong, AND my NAME was spelt wrong! After loads of hassle, I managed to get the ADDRESS problem sorted after a week because Halifax only wanted to deal with the broker, and it was a pain to…
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Please Help!
Last year I converted my mortgage with the same lender from interest only to repayment. I have been charged 299.00 to do this. Can I ask for this back or not?
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Halifax refuse to refund £20 for late mortgage interest statement
Hello there everyone Not sure whether this shouldn't be under the 'Claiming back bank charges' section, but since it's not actually the same sort of charge, I'm not sure... Anyways, I wonder if anyone had any thoughts on my (admittedly minor) situation... Round about January 12th, I rang the Halifax to ask for a statement…
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Payment per £ borrowed
Hi everyone. I am looking for a mortagage and have spoken to a broker. I have 3 options (so far) and the repayment per £1 borrowed is between £2.11 and £2.15. The "overall cost for comparison" is between 7.1% and 7.4% This is based on a £135,000 100% mortgage. Do these seem about right? Any advise suggestions would be…
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Mortgage Change
Last year I changed from endowment to repayment. I was charged 225 in admin fees and 299 to change it over. Can I claim any of this back?
