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Failed on first call
I contacted my previous lender and was told that because I exited before 2006 I am not entitled to any fees back this was with GMAC has anybody had the same answer???:confused: :confused:
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Commercial mortgage possibility
Hi all, Not sure if I chave posted this in the right place. My partner is a lover of horses, always had a horse and has worked with them as well. Basically, she wants to run her own stable yard, with around 10 stables with some on Full livery and some on part livery. My question is this. We have been looking at properties…
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Remortgaging Legal Fees
Hi, I'm considering leaving my current lender, before the end of my fixed rate, so I can get into another fixed rate offer now, in case the rates go up massively. Have been looking into a 'fee free' remortgage deal, but have now found out this does not cover legal / solicitor's fees. Does anyone know how much these are…
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How does credit score affect remortgage?
I am considering remortgaging with ING and switching to interest only. However, I know my credit score is not as good as it was when I last remortgaged and don't want to risk a rejection. So I'm looking for some guidance as to how much of an impact the following might have with an application: 1. A couple of late payments…
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Dumb Question......possibly?
Hi all Can anyone answer my possibly silly question as I'm having an argument with my mum about this. Say you have a mortgage of 120K which you are paying off over 30 years at a rate of 5% interest. Say you have investments of 15k which are getting a return of 12%. If you just ignore the fact that everyone should have…
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How much is interest how much is capital?
Hi Can anyone help me work out how much of my monthly mortgage payment is comprised of interest, and how much goes against capital for my new mortgage. It is £252,000, over 30 years, 5.75%. Monthly payment £1475 (ish). I've looked on the net for ages, and can't find out! Many thanks Tony
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to re-mortgage or not to re-mortgage?
I have a little dilemna and would appreciate any advice you guys can give. My current situation is as follows... I have an interest only flexible mortgage with Coventry (2.5 years into a 24 year term), current rate = 5.55%, outstanding amount = £100000, exit fee = max £190. I can make overpayments/lump sums when I like. I…
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Remortgage paperwork - A cheeky ask for some help!
Hi all We have sorted out moving our mortgage to Nationwide from IF from 1st June (or nearest after then possible). I have received the paperwork through the post today, but there is one bit that is confusing me, and I was hoping someone on here can shed some light on it. Question it asks is: What is the name of the person…
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50k in mortgage & 50k in offset what happens?
Sorry if this has been asked before. I am allowed by my bank to put a maximum of 50k into my offset account. If I do this and then overpay my mortgage down to 50k what would the bank do? I'm assuming that I would effectively have an interest free loan where I would pay a set amount off the capital until the mortgage is…
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Stoopid question - repayment vs interest only
I'm trying to work out which is better, overpaying on an interest-only mortgage or using a repayment mortgage. Is there any difference if you bump up the interest-only amount to the same as the repayment mortgage? Are the two mortgages calculated the same way? Somehow it feels nicer to be in control of how much is being…
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Daily interest mortgages
Can anyone share there views on daily interest mortgages and what are the benifits from having one
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End of fixed rates?
I got an email through today from The Motley Fool saying about mortgage providers ending fixed rate mortgages. Found it funny that this was the first I had heard about it so what do people on here know? Looking to remortgage for another property soon but really really REALLY want fixed rate
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offset or overpay
Say I have £8000 in savings, should I overpay on my current mortgage (there are no penalties to do this) or should I change my mortgage to an offset type? Any suggestions would be appreciated.
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Endowment - How to dump and should I?
I'm sure there must be threads and or articles which would give me some basics to start with, but I couldn't find them. So here goes. I have a Guardian Freedom For Home Buyers endowment policy which I've had for about 15 years. My gut instinct is that the money could be invested better elsewhere. My current mortgage is…
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Harvs
I have owned my own property for four years and have never defaulted on the mortgages payments. My existing mortgage is with Standard Life on a variable rate. I want to change and find a fixed rate or a better deal but have one CCJ against me which was cleared within two months of my getting it. I am also self employed and…
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Future mortgage company
i been accepted a mortgage after i found out my other half had 2 defaults one she knew about the other we not sure why, but the only company that excepted us a 100% mortgage was a company called future mortgages, any way i saw another advisor for a 2nd opion and it turns out future have a bad reputation of lending you the…
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? Complicated remortgage?
I am hoping that someone can help me with this situation: Currently divorcing my husband (have lived apart for nearly 4 years) and have a joint mortgage of £145000 on a property worth £255000. I am living in the house with my new partner and want to remortgage with him when the early redemption penalties end in December…
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Help re FOS rejection please
Hi there. The FOS have rejected me again! One of the reasons they are stating is regarding churning. We were advised to cash in two endowment policies which were estimated to give a £48k surplus. We surrendered them 4 years into the term. The payout, was less than the amount we had paid in. I thought that most policies pay…
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Non UK national (on Work Permit) trying to get mortgage
Hello, Not sure whether such a query has been dealt earlier:). So, here I go:) I am living in the UK for the past 3 years and I already have mortgage with Nationwide(actually it is a re-mortgage; it was initially with First Trust Bank, NI). I am planning to move house(a bigger one - both in size and in mortgage-:( ), and I…
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Trying to find particular type of offset mortgage - can someone help please?
I was wondering if someone can help. We are trying to find a particular type of offset mortgage but looking into the detail of these we are finding it hard to get what we want. As I am sure you know the basic concept is that monies in linked bank accounts set off against the outstanding principal of the mortgage. However…
