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CeFA/CeMap info please
Can someone give me some advice as to whether it is worth paying approx £160 for a new CeFA /CeMAP Competence Development Tool? Or does anyone who has these qualifications want to sell theirs? Must be newish because new regs since 2006. I have looked on ebay and they do not often come up for sale.
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Mortgage Redemption Fees
Does anyone know if a mortgage redemption fee is different from a mortgage exit fee. My current lender is going to charge me 6 per cent of my total loan to pay off the mortgage early. This is a massive £6000 approx., (quite a big chunk out of my equity). Are they legally allowed to do this? and is there any way I can get…
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Remortgage Advice pls
Remortgaging - How does it work? I have a house worth 225K with an outstanding mortgage of 50K so theoretically £175K assets tied up which I want to part release. If I wanted to remortgage up to say £150K would the lender be looking for proof of income to show that I could meet the repayments or would they take the view…
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Buy to Let Mortgages
As interest rates increase and the risks also, is it the end of the road for the buy to let market? As property prices have been predicted to crash, is it time to bail out of the buy to let market? What do landlords think? Where do you invest for safety? What do mortgage brokers thinks? Where will your future mortgage…
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Upheld endowment appeal
I have had an endowment misselling complaint upheld but the calculations given were difficult to understand and the upshot is that I am considered to be no worse off than if I had stayed with a repayment mortgage and so will get no compensation. Was advised that could appeal to Financial Services.. but a waste of time as…
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Mortgage Repayment fee - TMB
I completed a mortgage with TMB in July 2005. A repayment admin fee of £250 & repayment fee of £169 was listed in the statement. Do i qualify for a reclaim of charges from TMB & how do i proceed to claim from them? Maynar
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Any best buys you know????
Wanna £40 K mortgage and can put down about £200,000K deposit. Would like a fixed rate. Anyone recommend a good mortgage. Will see a whole of market tomorrow and trying to beat probable hike of interest rate in May.
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Best fixed rate mortgage deals and lenders
Can anyone tell us either what the current best deals are or point us at a website that compares them all. Many Thanks.
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Interest only mortgage - opinions pls!
Hi all, wonder if you could help me on this one.... A client was telling me how she paid off her mortgage by getting an interest only mortgage and paying twice the interest off each month, which was about what she would have paid if it were a repayment mortgage. This spurred me on to have a look into it and it seems to…
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Contesting a Lender's Valuation for remortgaging. Please Help.
I bought a 2 bed flat in London for £250k three years ago. This is one of three flats in a completely renovated Victorian terraced house in Zone 2 - refurb very high spec including wet rooms and surround sound etc. Fast forward 3 years and i need to find a new deal but my current lender doesn't have any fixed rates so with…
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Mortgage Advisor Trainee
Hi Everyone, I'm new to the board! I decided last year that I needed to get my butt into gear and train to do the job I'd wanted to do for years. So far I've passed my Cemap One......... What should I do next!?? I have no office experiance eeeek, but husband is a manager of an estate agents so I at least have an insight…
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Interest only mortgage / moving house query
Apologies for the rubbish title but wasn't sure how to sum this up... I currently have a repayment mortgage on my house that is fixed until April 2008. I took on the house after my ex and I split, and in order to do this I had to remortgage to 5x my salary and put it over 31 years (I am 34). I'm a single parent with a 10…
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first- time buyer - at 55
I am due to retire at 61 and a bit, so a while to go until I draw my pension. I am debt free, live in a council house which I have not been able to buy - and won't ever be able too. Looking to buy up North in readiness for my retirement, top whack £120,000 putting at least 50% down. Here goes, Building Society where my…
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We need a mortgage! but we have bad credit
Could anyone help. My partner and I need a mortgage. We have an IVA and would either like a 100% mortgage or at least pay a 5% deposit. Could anyone suggest mortgage companies that could help? We need to buy a house asap or we will never get on the property market. Thankyou Chellepops
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Advice required.
Hi, I'm 50. I am in the process of increasing my mortgage to £180k from £60k to purchase a new house. The mortgage is interest only fixed at 5.1% for 2 years. In 2 years I will retire from my job with a lump sum of about £160k. ( I will however be looking for another job). In addition I should have a pension of about £2000…
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remortgage exit fees and paying off mortgage
We changed our mortgage company from Nationwide to the Newbury building society over 3 years ago, and end of last year paid the mortgage off early. What fees are we entitled to please.
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Mis sold Endowment - FSCS Response
After going through the lengthy procedure for making a claim against the company who mis-sold me an endowment policy in the 1990s, I finally received a response from the FSCS (it took almost a year to respond). The news was not good, however. The FSCS have stated that I am not entitled to compensation because the firm I…
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Is this right?
Got an AIP with the Nationwide via the online service. Due to wanting less we then had to call them and process the application via the phone. During that call they never asked for loans/credit card details. Just sorted insurance and took house and solicitor details and estate agent. Are they using the figures we supplied…
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end of fixed term - best option?
Hi all. I'd appreciate you advice. We have a three year fixed rate mortgage which ends in July. Then we'll be paying the variable rate of ridiculous % :rolleyes: We'd like to remortgage but we are both students. We get paid plenty enough to pay our mortgage from our studentships but I know most places only count earned…
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mortgages into retirement
HI all I have recently sold my house and have put in an offer on another property which is going to final bids tomorrow! Iam 48 years old and my mortgage broker says that there are some building societies that will still give me a 25 year mortgage(it will be a joint mortgage with a younger partner) anybody had a similiar…
