-
mortgage and endowments
i have a mortgage for £58000,house worth £140000 and 2 endowments ending in 10 years paying £75 a month for both.no credit cards and a overdraft of £1400 which i am close to every week as i get paid weekly. my fixed term is up at the end of the month and i am with skipton.i am looking for a fixed for 5 years with the…
-
Early repayment charges
We have just started to look around with regards re-mortgaging on a buy to let mortgage which was fixed for two years until 2007. When we originally took this mortgage out we advised our financial advisor that we required a fixed rate for two years with a view to remortgaging at the end of the term. It has transpired…
-
Woolwich - Other lifetime trackers for good LTV
I owe £48000 with 9 years remaining on my current BoE + 0.75% tracker (Egg Flexible). With my house being worth £150,000+ now I have an LTV of 33%, so the lifetime trackers offered by the Woolwich look very tempting:D Minimum loan is £50000, so I would have to borrow another £2000 for the hell of it, but if I'm crafty I…
-
Do u know a mortgage advisor that doesnt charge
Where can I find one, and if they dont charge how do they make there living is it by charging the mortgage lender. I currently have a rate of 5.58% quoted with £350 to the mortgage advisor and 499 to set up the mortgage is this average? (over 25 years with a 110000 mortgage)
-
What are interest rates likely to do?
This question is for people more experienced in these matters than myself. What, in your opinion, are the BoE likely to do with interest rates in the next 6 months, 12 months, 2 yrs and 5yrs? I know that nobody can know for certain but what are your gut feelings?
-
Early Redemption Charges
Hi. I could really do with some advice on my current position and hope someone can help. Myself and partner re-fixed our current mortgage in early 2007 for a 2 year period, however, due to unforseen circumstances we are now looking to move and as a result increase our borrowing. No problem I thought, just give our current…
-
Convert Mortgage to a Loan??
I have a 20,000 mortgage on my property which is now worth 120,000. I pay 160 per month and have 18 years left on the term of the mortgage. However I am considering taking out a secured home loan instead so that I can be free of the mortgage. Its possible I may sell the property some time in the next 18 months but would be…
-
being charged for taking out own home ins
When I changed my mortgage three years ago ( to the Ipswitch bs)I declined there buildings and contents ins because of the high cost, so I stayed with the insurer I had been using. The Ipswitch after some protest from myself charged me £60!! for what they called administration costs. My question is, was this legal or a…
-
when you make over payments...
Is it paying off the original amount borrowed, or a combination of the interest and original amount borrowed? If you over paid by £100 a month, how much of the £100 would be interest, how much would be off the original amount? is this how it works? Thanks
-
What's the chance of getting another mortgage now!!!
High Everyone. I'll outline my situation THEN ask my question if thats ok? I'm a house owner with a property worth approx £170,000 My mortgage is £90,000 So equity in property is approx £80,000 BUT!!! Unsecured Loan with £40,000 Outstanding Various Credit Cards totalling £30,000!! AND!!! In the last year or so I've had to…
-
What would YOU do??
Here we go...... I currently own a house worth about £175K, I have an 88.5K mortgage which is currently fixed at 4.24% until 1st Sept this year. I have a loan of 12k paid at £235 over 60 months due to be paid off in July 2011, apr 6.1% I have a loan of 8.5k paid at £168 over 60 months due to be paid off in April 2009, apr…
-
BTL Question?
Is a BTL Mortgage product @ 90% LTV, No Income & Rental Proof available??? :confused: Many Thanks
-
100% mortages
What do you think of 100% mortages and what companys offer them? Cheers Craig
-
Interest only - paying off yearly
This thread has probley been asked before but can't find it so was wondering if you guys could advise me. Want to go interest only for a while and while hubbys paying interest I will be putting money into seperate account every month, so question is when I pay off lump sum at end of the year do the banks usually charge for…
-
Mortage Advice?
if i goto an independant mortage advisor and wanted to get some advice and wanted to know which would be the cheapest mortage i could get, would i have to pay a fee?
-
portable mortgage question
I am new to mortgages and have a question! We own a property on a 5 year fixed rate, with 3 years left of that fixed rate and the mortgage is portable (?) Part of the t&c state that there is an early repayment charge should we pay off the mortgage within the term of the fixed rate. We have found a property we like and…
-
Northern Rock Offer, is this right ?
I have tried to work through the minefield that is reclaiming my Mortgage Exit Fee but everything is very confusing for me. I sent the letter off to Northern Rock 2 weeks ago, claiming back my MEAF of £250 (or part of it as they can't justify £250 for some admin etc) This morning a letter came through saying that 'at the…
-
Remortgaged from TSB. Exit fees?
Hi, I more from TSB the beginning of this month. I have had the paper work confirming everything from HSBC. I am interesting to see the final balance, including the exit fees. Do TSB normal send details about this out? If so when? Regards Baz
-
the One account
Hi, I'm just about to come to the end of my 2 years fixed rate mortgage & have started to look around for something much more flexible. I'm currently with the A&L but can only overpay once a year, my GF has almost paid off her debts so will soon be joining me with morgage repayments. Is there anything I should be aware of…
-
Bridging Loan Costs
Hi. My husband and and I have bought a new property and we need to bridge for 3 weeks until the new people move in. We've decided to get our solicitor to arrange the bridging as, although it may be more expensive, it should be a lot less hassle. We will be bridging for the total purchase price of 325.000. The charges are a…
