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Morgage V debt
Hi all Just registered today and hoping someone can help me out. I'll try and keep it short and sweet. When i was at uni i racked up just under £2,800 in debt, to a bank (overdraft) and 2 credit card companies. Basically i ignored there letters and had debt collectors letters (in the hundreds) sent to me. However i went…
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Indemnity Insurance ??
we are in the process of buying a house...long saga,,,hopefully now close to getting sorted. our solicitor has adviced us that the gargage conversation at the house needs either bulding regulation from teh council or letter from council saying no buildings regs required/needed because this will take time and they waana…
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Estate agent mortgage advice - any use ?
hi We have put an offer in for a property & our C&G 5 year discount rate comes to an end in July. Spencers (the EA) have tried to interest us in their in-house adviser and apparently they can get "preferential" deals with some mortgage providers. Can anyone advise on this ? thanks swayzak
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second mortgage reclaim? first national, now GE money
i took out a first national 2nd mortgage in june 2004 for £25,500, when i sold my house in june 2005, my redemption was 25099.78, so i managed to pay off £400.28 pence in 12 months despite paying £3174.20 in the same time, i think the settlement admin fee and setltlement interest are a bit steep and i am going to try and…
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Mortgage Arrangement fees
Mortgage arrangement fees surely these must be illegal? I cannot see how the banks can go round charging these, they just feel criminal. One pays £2.46 for every £1.00 and yet they still want to charge a mortgage arrangement fee? How do they justify this cost?
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FTB vs New buyer
Can someone tell me the difference between a first time buyer and a new buyer. We've been advised by our mortgage advisor to be a new buyer rather than a FTB. Whats the difference?
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Getting desperate
Not there yet, but not to look into options now, will try and be short, but situation is complicated. I own house with my ex, he has moved on and now has a flat and possitively no spare cash. I live in the house with my boyfriend. We are buying my ex out, but at the moment are finding our finances very strained. I cannot…
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FTB Mortgage Advice
I've read loads of threads on here over the past few weeks, so hopefully my question won't be too basic! I'm currently attempting to buy a house with my other half. Between us we earn £41k p/a, no bonuses. She has a student loan left to pay, which is about £7k I think, but due to her salary she has paid very little of it…
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1 Year Mortgage?
Hi All We are buying a house for £470,000 and the buyer has forced our hand (yes, we love the new house that much) to exchange before we have sold our current property at £400,000. We have savings amounting to £400,000 which we could dip into. We would like a mortgage for X amount to enable us to buy the new house, and as…
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Re-mortgage fees
We re-mortgaged in Feb 2004 we entered into a 2 year fixed rate with the C&G at 4.99%, when that came to an end we asked the C&G if they would provide us with another deal and we agreed to stay with them on a 3 year deal at 5.29%. We were charged an abmin fee of £199.00 for changing to the new deal, this seems to me to be…
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Will I get a mortgage?
Myself and my girlfriend of 15 years have decided to split (her choice) anyhow, basically I've decided the best option would be to try to buy her out of our house. We have a house valued at 175k which 100k is mortgaged. We have joint debts of around 45k (cars, loans etc) now, my thinking is. If I can raise a mortgage of…
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2 Yeard Deal Due To End - Where Do I Start?
I'm useless when it comes to anything legal like this. If I start from the beginning it might make more sense. 2003 we (my partner & I) took out a 100% joint mortgage, on a fixed 2 year deal at 5.39% with Nat West. 2 years ago I renewed another 2 year fixed deal with Nat West at 5.15%, which is due to end next month, so,…
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Re-mortgage. Newcastle BS? A&L? C&G?
I'm normally pretty organised, but this fell through the cracks, and I no longer have time to do proper research. Mind you I'm hardly a financial wiz anyway! I have a mortgage, solely in my name for £54,000. Property value c£95,000 Income £25,500 Term remaining 23 years Currently halifax mortgage rate 5.84% rising to 7.5%…
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Mortgage help please
I am hoping that someone will be able to help me. I have found a property I like and received a mortgage in principle from Alliance and Leicester. A&L have worked out what I can afford by taking into account the fact that I plan to pay off a loan with some equity from my current house sale. What will they require from me…
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Underestimation on Mortgage Valuation?
Just wondering if this is worth following up. We're in the process of remortgaging with C&G and on their application form we have put our property value as £240000. This is based on an EA valuation when we were thinking of selling earlier this year. When we had our offer through yesterday it states value of our property as…
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Mortgage Advice
Dear all, Very grateful for some mortgage advice please. My wife and i are coming to the end of our three year fixed rate mortgage with UCB (ends 31 August 07). As i had to self-certify at the time we were given a fixed rate of 5.80%. I now am looking for the most compettive mortgage available (and appreciate that interest…
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BTL mortgage : do they check?
Do banks check if you have actually let your property after you take out a BTL mortgage?? thanks
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mortgage valuation survey? not sure if I've had a proper survey
Hi, any advice would be appreciated. I'm not sure if I've had a proper survey done on the house I'm buying, and feel like I'm being led round the houses (excuse the pun). I'm getting a mortgage through Chelenham and Gloucester and it is a fixed rate and when advised by my mortgage broker I was told as part of the fee a…
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Giving evidence of ability to buy house at end of term
Hi For one reason or another We're stuck with Halifax and want to go onto Interest only to make life more affordable. They want evidence (and 10 quid) that we have a plan in place to pay for the property at the end of the term. What could that plan be please? We have good pensions with the ability to release lump sums and…
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alliance and leicster
not sure if im in the right forum here so please feel to move if need be i currentley have my mortgage with alliance and leicster and i overpay on a regular basis. a&l statement policy is 6 or 12 months and i think im on the later. or there is a cost if you request one in between. i smoke and im planning on giving up and…
