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Mortgage/credit score advice - please help?
We currently have our mortgage with the Halifax and are considering moving house and had an appointment with a mortgage advisor yesterday. We have around £60k equity in our present home and would be putting most of that down as a deposit. After doing the usual application process we were informed that we had failed the…
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Free Deeds Holding Service - any catches!!!!
Just completing the final stages on redeeming my mortgage and the Building Society have offered a 'Free deeds holding service'. Basically they continue to hold a charge on the property with the option of making further borrowing at some stage in the future without incurring solicitors fees. Does anyone see any flaws with…
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endowment making 111.07 %
I have just received a letter from Scottish Widows saying that my endowment growth rate from may 17th 2006 to may 17th 2007 is 111.07% Could anyone explain ???
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Help needed - struggling to make mortgage repayments
Hi My husband and I have a repayment mortgage with Norwich and Peterborough b.s. My husband is starting a teaching assistant course shortly and has started a part-time job, he has given his notice in at his current full time employment. I have a disability and cannot work, but used to. We have as N&P for help, either as a…
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"you have got an agreement in principal but havent"
This message thread title is an exact quote of what I was told by an assosciate of my IFA this afternoon. After months of getting nowhere and being fobbed off (northern rock's broker on holiday, IFA on holiday, IFA never available) this is the reply i was offered today to my question of "where exactly in the process are we…
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Mrs
I am coming to the end of a 2 year fixed interest rate mortgage with the Natwest - 5.15% - can anyone advise me what to do next or will the Natwest autimatically recommend some other type of mortgage to me? Any help or advice would be appreciated.
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How long does a mortgage app take and help on salary info?
help!! i submitted my application on friday and my mortgage co received it on monday. its still being assessed at the moment and when i rang this morning they said they'd ring before lunchtime with the outcome. i jsut rang them and they said its been passed to another team to be assessed and that we probably won't hear…
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Can/Should I get an offset & 5x salary?
Hello all, I'd really like some help in deciding what to do as I'm very much double-minded as the the way I should turn...* I have a £131k mortgage in just my name, with 19 years left with Halifax, am paying about £1060 per month. * Our house is a 3 bed semi with an approx value of £250k * My salary is £30k, but have…
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Splitting Up with a Joint Mortgage
Hi Supposing you live with your partner (unmarried) and have a joint mortgage and decide to split up, can you take on the mortgage (if your partner agrees) by simply contacting the mortgage provider? Or do you neeed to go through a new application, salary check ect? Anything else one ought to consider? Thanks
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Partner & I need help choosing a Mortgage!!!
Hi my partner an i need help in deciding which mortgage to go for, we are both first time buyers. im earning 23200 and my partner earns 21000(this due to go up a few grand later in the yr) neither of us has any loans outstanding, tho my partner has 4000 on a credit card. we both have around 4000 in savings each. we've…
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Partner & I need help choosing a Mortgage!!!
Hi my partner an i need help in deciding which mortgage to go for, we are both first time buyers. im earning 23200 and my partner earns 21000(this due to go up a few grand later in the yr) neither of us has any loans outstanding, tho my partner has 4000 on a credit card. we both have around 4000 in savings each. we've…
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Which comes first? - A re-mortgage or transfer of equity
Hi, I need some advice please. The fixed period of our mortgage is coming to an end so i'm looking to remortgage. At the same time I want to do a transfer of equity to remove my brother from the mortgage and put my fiancee on in his place. No money is changing hands for this, my brother just assisted me with getting a…
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Winterthur - yet another endowment bonus flop
What on earth is going on at Winterthur? For several years they have been giving out with feeble excuses for the lack of annual bonuses. This year, knowing full well the untenable nature of the situation, they have again elected to favour their shareholders over their customers and felt it necessary to accompany the '0%…
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Please help- about to loose new home!
All the usual apologies if this thread is in the wrong place but I'm in a big mess. My partner and I got a mortgage in principle and found a property, offer accepted etc.... survey done, searches done bla bla. Just found out that due to a clerical error, they are droppping the offer by £10k but have also changed the APR.…
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capital payments - reduce the length or reduce the monthly mortgage fees?
I'm about to come into some cash, enough to pay off some capital on my mortgage, but I have no idea what I should do once this is done, do I reduce the number of years left to pay or reduce the monthly fee? Mondayding
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Recommend an endowment buyer?
Hi, I started a 25 year mortgage back in 1990, have since sold the house but I kept the endowment going. I am now thinking of buying again but do not have a deposit to put down. Looking at one of the threads on this board I may be better off cashing in the endowment to use as a deposit. Does anyone have experience of any…
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2nd Claim for mis-sold endowment?
We currently have an interest only mortgage with Abbey and an endowment to the sum of 55k. After receiving a shortfall warning letter, we made a claim for compensation as we felt we had been mis-sold the endowment. The claim was refused on the grounds that since the endowment was still 12 years from maturity, there was no…
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Worried about my credit score in relation to getting a mortgage.
At the moment, i gather I have got a low credit score. Recently I have just paid off all my debts (of £1500) and I've managed to save just over 3k with my partner. We're looking to collect between 5k- 10k as a deposit before we go looking to buy a flat. The only thing that seriously worries me is my low credit score. He's…
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Advice please on interest only deal
Hi, I was due to move in to my new house tomorrow but my buyer pulled out just before exchange of contracts which totally !!!!!!ed our plans up. Anyway we've managed to get the people are buying the new house from to extent the deadline for exchange of contracts until 18th June. I need to get an £80k interest only mortgage…
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Buying a 2nd house getting a second mortage
Hi It looks like I should be buying a 2nd house soon, Now the house needs completly gutting, We will be buying the house to sell on after its done up. What sort of mortage would be best for me and what sort of deposit will i need? Thanks Craig
