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Wanna great mortgage deal from my existing lender
fixed for a year. I am currently on the standard variable rate and not locked in. Do I call the mortgage customer retention department and find what they have to offer, wait for a day or to and then try and find something better and then ask them to match it? Any top negotiating tips would be appreciated.
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Desperate
Im on 15K, and I need 6 times my salary. I can scrape together 5K as a deposit. The property is 97,500 so i need £92,500 mortgage!! How likely is this? I will be at work all day tomorrow so I wont have a chance to get many details. My mum is gona speak to an advisor if she gets time.. but every second of every minute of…
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Best Mortgage for Short Period
I currently have a mortgage on 2 yr fixed which expires in September. I am moving house and need to borrow another £32k. As my 2yr fixed has a £600 early redemption clause and is at 4.39% i want it to run until September. Can anyone advise me on the best mortgage i can get until September. Im after £32k for about 6months.…
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What to say in complaint
Can I say this: I was told that because this is a part managed & part profit based endowment that this will not fall into shortfalls like other endowments. Or what is the best way to put it. Will this be taken seriously?
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Using Offset to Buy Car
We currently have an offset mortgage which is fully offset. At the moment, for each monthly payment we make, the same amount becomes available in the offset. Unfortuately, we're not currently in a position to be able to contribute to the offset at the sort of rate we've done in the past. Both cars' leases are about to come…
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Shared/Group/Mates Mortgages - first post, be gentle with me!
Hi all, This is my first post, so please be gentle with me, I've skimmed through the forums and mainsite and can't find much information on this..... House prices in my area are completely crazy and the only way I can see myself getting onto the ladder is to buy with 2 mates and share the cost and burden (and risk!). We're…
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Selling a share in my property...
I am looking to selling my share in my property which is jointly owned with a friend. Another friend is looking to change names on my current joint mortgage and pay the remainder of my selling price in cash to me directly... What are the legal implications, and any idea of the costs involved in changing names on the…
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Miminum New Mortgage
Good Evening could anybody answer my question what is the smallest amount i could borrow as a new mortgage as i have had an offer on our home but am coming up a bit short on the property we want could or would i be able to borrow 15 to 20 K when buying another property say a 10 or 15 years mortgage or would they want me to…
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Advice Needed: New Mortgage Partner Self Employed
Can anyone shead any light on this for me. Myself and OH took out a mortgage 3 years ago, which is due to end in Nov. At the time of application, OH was a sub contractor and could provide proof of income. He completed self assessment tax returns each year. He got an accountant to complete 03-04 & 04-05. Last year 05-06 he…
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Meaf Help Please!!!!!!
This is about the MEAF's - I had a mortgage with Amber Homeloans but they were taken over by Redstone (I then remortgaged with someone else), didn't know what the charges were (packed away due to builders being in), but I wrote to both on the off chance incase I could get some money back - no harm in asking!!!!!:rolleyes:…
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Is this idea a possibility?
Hi, My and my OH live in Surbiton (near Kingston upon Thames in Surrey). We are just planning on starting to look for our first place to buy here, hopefully around about £220-230k with a 5% deposit. This will be ok for us on our current salaries, but they are going up all the time anyway. I am due to inherit about 25k when…
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Default of 3 months - wilol anyone give me a good rate mortgage
I am 19 yr old. Defaulted on my overderaft on Nov 06 paid in full Jan 07. but this default is on my credit report. I have not gone overdrawn since. I would like to buy a flat and am earning 18k would anyone give me a mortgage at a good rate?
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FOS Will Not uphold our Complaint!!
Hi Guys. I can honestly say that I am really choked. We received a letter from the FOS yesterday basically saying that due to lack of evidence, they are siding with the "firm". I am shocked at how much of the FOS's findings are based on assumption due to the lack of evidence. Why is it that "we" as the consumer have to…
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Further advance
Hi all I'm looking to borrow £15,000 for as little as possible per month. A further advance on the mortgage seems the obvious route. I'm currently 2 years into a 5 year fixed deal with Northern Rock who have offered me a secured loan on a variable rate (6.99% at the mo) over the remaining length of the mortgage (23 years).…
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Inland Revenue
At Christmas I noticed that my salary had been reduced by £300 and when I checked with my HR I was informed that the Revenue had requested the money because my Tax Code was incorrect. I rang the Revenue and was told that the code was 662 and should have been the Basic Rate at 503. They sent me a form to complete and…
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Shared Appreciation Mortgages (SAM)
My Mother died recently and in her will the estate was left to my sister and I. The bulk of the value of the estate is of course the house which is valued at £250K and is now on the market. However there is a problem. This being the above. Approximately 11 years ago my Father took out a Shared Appreciation Mortgage with…
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Please help me regarding my Property Broker illustration !
I have got the illustration by my mortgage broker and calculations are confusing me , i thought i should ask here before i speak to my broker. I am looking for 100% mortgage and property price is about £170,000 so he send me all paper work how its gonna like and plus i am getting 25000 loan on this house from same broker.-…
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How much Life Insurance do we take out?
We are going to be moving house and, after putting down £140,000 from the sale of our present house, we may take out an interest only mortgage of £90,000. We can take out life insurance to cover the £90,000 but how much extra do we need to take out because of the interest only bit?
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Re-Mortgageing Question
Hi there, My first post so bare with me! :rolleyes: I'm looking for some advice about re-mortgageing, specifically about arrangement fees v's intrest rate. I was made redundant a couple of years ago and decided on a career change, so I'm currently back at university with 1.5 years left of my degree. So i'm a full-time…
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equity releas/lifetime morgage
I am 56 years old, and have one 15 year old daughter and one 20 year old son pretty much still dependant on me. My husband died suddenly some months ago without estate. I have no savings. I recently heard of the above cash release schemes - Age Partnership and thought it sounded a good way for me to get some finances to…
