-
Redemption help needed! Please!!
Hey all, First off love this site - just by following tips from different forums we've cut our monthly out goings by over £300!!! :beer: The only thing we can't touch is our mortgage with the Halifax. We're paying £946 a month and owe 141k, the house is worth about 200k... we want to free up about 50k to get rid of a…
-
Want to buy a new house, but....
..... don't want to put my own on the market & be stuck in a chain. I would like the flexibility of not having the stress of our house sale dictating whether or not we are able to progress with a new house purchase. What I would like to know is are there products out there that would allow us to generate a deposit for a…
-
remortgage with present provider or change
Currently with Halifax have been paying base rate of 7.25% for last two years, realise now i could of changed this with them earlier now!! Have an appointment shortly to look at this to get back to a lower rate, as you can see i have been paying over the odds for the last two years. Can i negiotiate with them a deal…
-
Land Morgage or Loan
just wondering is this high? borrowing money for Land My friend has a Northen Rock Morgage and its only like 5k on a 150k House when she asked to see if she can buy some land and what the rate would be?? (the land has a run down bungalow and the council has said there is no problems with a re build at the same size etc i…
-
New customer only deals!
Hi Just contcated my bank about remortgaging. I have an offset mortgage with current account, 2 ISAs & 3 savings account. So could switch everything to a new provider but have a limited choice. I had received lots of quotes for different products from my mortgage provider (Intelligent Finance) but was told today that the…
-
Sell or let question
Hi all, I am not looking for an answer to this, but rather help in how to work it out and justify my answer. I need to be able to break down the bigger picture into smaller parts but I cannot see where to begin. Here is the problem property 1 is worth £150,000, can be rented out for £500 a month easily enough. Probably…
-
credit searches
Hi can someone tell me how far back they go when doing searches? when I was in the Halifax she said they only went back 3 years then when filling a form online L&C asked was adverse credit in the last 2 years. Also if I had CCJs or adverse credit that no longer shows on my credit file do I put yes for adverse credit or…
-
getting my own morgage
im a single lady who would like to get a small morgage. i am looking to borrow about 50,000 i have the same as a deposit. i only work part time with a salary of approx 14k. i dont have the best credit history but have tried desp hard to correct this. what are my chances
-
Renting cheaper than mortgage?
This is probably a silly question just to ask like this, but does paying off a mortgage tend to be more expensive per month than renting the same property? I am considering getting a 100% graduate mortgage, but the £500 a month i pay for my studio flat at the moment is quite a lot and I'm wondering if I get a mortgage, is…
-
Remortgage Advice
I bought our council house along with my dad (tenant), my brother and my sister. Only 3 people could be named on the deeds so my sister wasn't named on the deeds but has contributed fully to the mortgage and my dad hasn't contributed to the mortgage but as he was the tenant he had to be on the deeds. Anyway that was 5…
-
Administration Fees
Can anyone advise me, I know you can claim back your bank charges but can you claim back similar charges from your mortgage company. I had a very bad patch a year or so ago due to being made redundant and pregnant and ending up single etc. whilst my mortgage company were trying to reposes my house they were enforcing heavy…
-
AIP - how long to get one
How long does it take for an AIP result to come back? I know some can be done more or less instantly, but what is the longest it can take? Going to see our IFA tomorrow 12.30pm to get one done and having second viewing on house we want tomorrow evening, with a view to putting an offer in on friday. IFA did say on first…
-
Withy King
Hi all, Just wanted some advice. Began the process with the ace help of L & C of remortgaging our house so we could get extra funds to build an extension, L & C promptly found a mortgage with scottish widows with legal help from withy king only for it to fall thru due to adverse credit so the ball as you can imagine had…
-
Help Please - After mortgage for Non standard Build
I hope someone can help. I am trying to get a mortgage for a Non standard build house. I went through the rigmarole of the TMB ( the Mortgage business ), they initially said yes, then when they went to carry out their survey the came back and said no because it was a non standard build. The person who currently owns the…
-
barclays mortgage - any brokers that rebate commission?
think i'll be going for the barclays lifetime tracker - .18% above BOE. no fees. but i can apply in branch or on the phone for it. but are there any discount brokers who would give back some of the commission to me if i went through them? or does this sort of product not offer commission to anyone? Catherine
-
what has suddeny changed.
Spoke on the phone to big bank who i currently have 98000 mortgage with about getting new mortgage went through AIP and was turned down due to credit report (was told they deal with experian). Downloaded credit report with Experian and only bad point on it is CCJ unsatified from 2002 left with £33 to pay and a default for…
-
need some help advice on fixed rate mortgage
I've posted a few thread son here lately and its been suggested that I go to a mortgage broker for some help, i've been to three now and the lowest fixed rate they can get me is 5.34 (think it was nationwide) however there aren't many compnaies out there that will lend me 5.25 times my salary. I can borrow 25k from a…
-
confused.help re cash in or keep endowments
can any help me decide what to do, was all set to cash 2 endowments in but am having second thoughts after trying very hard to understand the threads I've been reading. Were originally for the mortgages but not necessary any more so really are only for saving for the future. Standard Life- feb 1999 to Feb 2011--- 50.99 pm…
-
early redemption penalties
can someone please explain to me how mortgage companies can justify charging such high fees for the above? we have just moved house and had to repay nearly £4000. what work does a company do to be able to charge such an amount?
-
Mortgage switch worthwhile at end of fixed deal?
Hi, My current 2-year fixed rate deal with Halifax will end in July, and I am considering moving to Nationwide, as their rates seem slightly lower. However, I'd like some opinions on whether the sums involved make it worthwhile. I haven't yet looked into costs and charges involved, but to summarise: - My existing mortgage…
