Mortgages & endowments

Discussion List

• BTL Remortgage Question?

  I’m applying for a BTL Remortgage and it states on the form, how many tenants are currently in occupation in the property. Do I include Children? Or only their parents who are on the AST? :confused: Many Thanks, Colin

• Advice needed please

  Hi Ill explain what im trying to achieve and if someone could recomended a good option for me, it might send me in the right direction. I already have a mortgage on my own but have a opportunity to purchase a 2nd house at a heavily discounted price. My idea was to buy this 2nd house with my partner and then re-sell as soon…

• Can A&L charge me to keep my mortgage with them?

  There are lots of threads about exit fees, but I decided to stay with Alliance & Leicester when I "deal-hopped" about a year ago. Put me on a new 2 year fixed rate, but charged me £750 for the privilege. Is this reclaimable? Any suggestions either way greatly appreciated. Ta. (Sorry if this has already been covered…

• mortgage advice needed!

  Hi all Well due to see broker on Tues about fixed rate for 10yrs. But now the skipton one (5.39% -one of my options) has been taken off! Can any brokers tell me if the accord one (5.39%) is still available (this was the one she intially said i could go for). Other than that from the fsa tables i am getting the lowest…

• Oh what a helpful broker

  I just thought that I would draw the forums attention to this cowboy pursuing business through Private Messaging. Rude, Obnoxious and ill-informed. I wonder if the FSA would also be interested :A

• Probation period Mortgage Advice

  Hi, I am hoping someone can give me some advice. I am in the process of getting a mortgage with my boyfriend for our second house together (we have been in our last house over 2 years). He Earns 70% of our income and is the primary applicant. His part of the mortgage is fine however I started a new job 2 weeks ago and have…

• Advice on endowment

  I have an endowment that was originally for £30k and is now 13 years old. I sold the flat in question years ago and now have a mortgage on a house with my husband. I am only paying the minimum amount per month (around £40) and was wondering what the best thing would be to do with it now? It's worth around £7k at the…

• 'porting' a mortgage...

  hi guys, i have just renewed my mortgage deal ( 3 years fixed @5.5%) with halifax. however, i am thinking of moving in the coming year and was wondering about 'porting' a mortgage, it will only be my second house and i have never done this before. if i move up the ladder to a 180k house (in a 135k house now, with 85k still…

• HELP PLEASE HSBC 10yr FIXED RATE

  Hi everyone i would appreciate some advice please.We will be changing our mortgage soon and i like the idea of a fixed rate one but my hubby is against the idea.I think i will be able to plan better if i have this set rate for a few years and my hubby thinks that at the end of thefixed rate we will be charged loads of…

• Central Capital

  Has anyone here used Central Capital to get a mortgage with bad credit? We've found a house (170,000), we only have a mortgage of £150,000 (which requires either a 5% deposit from us or a vendor gifted deposit, for which we have neither. Also that amount will only buy us a one bedroom flat and we're a family of 4). We…

• Keyworker Schemes - "Good move or Bad Move?"

  This is my first visit to MSE Forum so forgive my newbieness. Has anyone had experience of the keyworker scheme to buy a home? Is it to be avoided like the plague or are their some benefits as house prices are rediculously high? Many thanks, Notu2

• Just came back from the IFA, is this good?

  Just been to the IFA with my partner. We are buying a house for £101k and we need a 100% mortgage We would also like a loan to cover all associated fees and some money for improvements. We are looking for £110k We have a combined income of £45k (£30+£15), no deposit We are going for fixed interest, interest only as we need…

• am i obliged to take the mortgage offer once applied

  Hi everyone this is my first post here. My offer to a house has been accepted. Now i am looking for the mortgage. Since the interest rate is increasing soon, I applied two mortgages at different places at the same time. Just in case I failed in one of them, i could have another backup and get a relatively lower interest.…

• mortgage exit fee

  after the gmtv programme i used the template letter to contact the Abbey. Just 3 working days later i received a cheque for £126.00 with quite a nice letter asking if i was happy with the figure. Not bad for the cost of a stamp with Martins help !!

• Any alternatives besides Northern Rock?

  We are looking for quite a generous mortgage for our next home purchase. House hopefully around 250k with 25k deposit - 225k mortgage (could perhaps stretch the deposit to 35/40k but would prefer to keep the spare cash handy). Salaries are 27500 + 2500 bonus and 15000 + 1000 overtime (pretty much guaranteed). No debts at…

• Anyone recommend low cost solicitor please!!!

  Ok im about to buy a 2 bedroom flat for £184995 offer accepted and will be going to estate agent broker on Friday to basically see what mortgage they can try and fob me off with! I dont mind this as long as the lender they find me fits my criteria so this isnt a prob. My main concern at the moment is finding the right…

• Northern Rock

  Hi there. I know that there are a few Brokers around usually, and I just wanted to ask a quickie! Do Northern Rock do terms of more than 25 years, and if so, would they be likely to agree to swapping an existing mortgage to a longer term, or would it be classed as a complete remortgage?

• Stick or Bust?

  Hi all. Some advice if you please. I'll attempt to keep this simple, please do the same with the answers :-) Age = 45 (nearly) Married Kids = 19&14 Lender = C&G Mortgage = £24,500.00 Term left = 15 years Type = Endowment Prop Value= £220,000 approx Question; I have been told that my endowment (surprise surprise) will fall…

• Mortgage Redemption Penalty

  Hi, Can anyone help me? I have a discounted mortgage with a 1% redemption penalty until the end of this year. I would like to switch to an offset flexible mortgage with my current provider. I've spoken to my current provider over the phone, and they've stated that this switch would incur the redemption penalty. Is this…

• Bit confused

  I have a plot of land that was given to me for my birthday and it has outline planning permission until June so I am trying to get a house in place as soon as possible. Because of this I have little savings but I own the land outright and I have a desicion in principal for my mortgage but what i was wondering is if you…