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Getting a mortgage if I quit my job
I am planning on going back to university for one year to do a postgraduate. I currently own a house but I am moving to a different area to go to uni. So I will be selling the house before the course starts in September. I would really like to buy another property closer to the university before the course starts but I am…
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Mis-sold Mortgage?
We re mortgaged 2 and half years ago to Abbey on a Self Cert mortgage (both hubby and myself self employed). Nov 06 I moved over to a different fixed rate with Abbey for two years. At the time I asked them if the mortgage was portable as there was a possibility that we would be moving. I have now sold my house and found…
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Advice on a further advance please? Sorry a bit long!
In 2004 we took out a further advance of £11000 for consolidation. At the time it had to go on a variable rate because our mortgage was in a retention period and couldnt go on any kind of product ie fixed/discounted rate. We are now looking at putting the mortgage on a product aswell as take out another further advance for…
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1st Mortgage Payement - when??
Hello all. Im sure I read somewhere that its best to have your first payement at the begining of the month because if you have it elsewhere in the month, you will pay extra interest on your first payment. Can someone confirm, or explain to me how this works or whether this statement is true at all. Thanks
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After some career advice (cefa/ cemap)
Hi, Excellent forum you have here! Well, I am writing to hopefully receive some advice from you guys that are experienced and in the 'know', since I am a newbie. I am 26 years old and for the past 3 years I have worked part-time as an office cleaner whilst I studied on some sciencey courses with the Open University- mainly…
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Additional Borrowing
We're in the process of moving house and only require an additional £9,000 to borrow. Does this have to be done through a mortgage or can another loan be used? What kind of term does anyone feel appropriate? Many thanks
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Capitalisation - Birmingham Midshires fees
Hi I posted this in the Reclaiming your charges forum too, but wondered if anyone else in here would know the answer Hi Just received my list of charges from a mortgage I had with Birmingham Midshires. The fees they charge for late payments and reversal of direct debits are called "Assesment fees" which they explained in…
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should I buy now or wait??
I have recently sold my house and am renting a hobbit hole. Have found a house I like but will need a huge mortgage to buy it. Meanwhile I'm earning £600 pcm on profits from old house. Bearing in mind all the speculation about interest rate rises and falling markets should I continue to rent for a year or bite the bullet…
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A little Advice
Hi all, Im wanting some advice please, at the moment ive just moved in with my g/f, I have been living with my parents for the past 12 months with my parents. Before that I was lived with the ex g/f where we owned a house together. At that house We got into dept and I got a ccj against my name, :mad: we split up and with…
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Raising a mortgage against non-principal residence
My current lender (Accord) is unable to lend against properties other than owner occupied and I need to borrow money using as security other property which I own. Can anyone advise which lenders may currently be used to lending in this specific market at reasonable rates?
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Urgent advice please...
Hi, We are due to meet with our broker this afternoon to fill out everything for the mortgage. We dont get paper bank statements anymore because we do internet banking. We have printed out the last 3 months statements, but the broker says we need to go into the bank to get them stamped/signed. So my OH went into his bank…
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Can a offer letter be withdrawn
hi, I have received a offer letter from a lender and am wondering if they can withdraw the offer later, as I am exchanging the contracts tomorrow, after which I am legally bound to the seller. Many thanks
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Please someone explain
I have a 10 year fixed rate mortgage with the Halifax, with 7 years left to run. Every time there is an interest rate rise, my monthly payment goes down, and I have to keep increasing my standing order for overpayment purposes. Please could someone explain why this is happening, why does my monthly payment decrease, I…
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HELP step up mortgage going wrong.
Help, four years ago did a re mortgage with Yorkshire bank as was told when i got orig mortgage fully portable. A mistake had been made and was not portable but re mortgaged with them. As uni fees for kids fixed five years but did a 1.5% step up so a 25 year mortgage if paid weekly ( as intrest callculated daily) would…
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Halifax put me on variable rate
Hi I recieved a letter from the Halifax telling me I'm on their variable rate from 1st June. I've been with them a number of years and they usually call me every couple of years and offer me a tracker. The last deal has come to an end and this time no offer is being made, I looked at their website and it appears they no…
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what rates are people getting at the min?
Hi, Just out of pure curiosity, just wondered what rates people are getting at the moment? Im a FTB, best offer we had was with nationwide at 5.8% fixed for two years. is this about right at the moment?
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Problem - Change of Borrower with Abbey
I've been seperated for nearly two years and have been paying the joint mortgage alone. My ex has now agreed to let me have the house instead of paying maintenance for the kids (hurrah!). I've called Abbey who say that I don't earn enough to pay the mortgage on my own irrespective of whether I have been or not and advised…
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How to sell an endowment policy
Hi - just sold a flat which had considerable equity. I now have an endowment policy with a surrender value of £35k and I was told I might be able to get more for it if I sold it. What is best way to go about this? Do I need to get quotes from individual companies or is there a central organisation or website that can give…
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Exaggering your income?
We just got our mortgage with Northern Rock and they provided a good service and the full offer came through quickly so we have recommended them to a friend. The trouble is he doesn't earn enough for them to offer him what he wants. His payslips are printed on A4 by the employer and several of our friends have suggested he…
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best rate self cert mortgages
im looking for the best rate on a self cert mortgage?paying 6.59% at mo,what is out there?
