-
Will we get another mortgage?
Hi all.. happy bank holiday! So, here is the issue: We are looking to buy a second property - it is a bit of a no-brainer winner!! It needs restoring but we have done this kind of work on all of the properties we have owned in the past. We will just be buying, doing it up and selling - 6 month turn around - hopefully! Only…
-
Mortgage possibility for graduates?
My wife and I are looking at getting a mortgage and getting on the property ladder, but I just wanted to check before we begin the process of finding a mortgage adviser (whole of market, no fee - I've been reading for a while!) that we're likely to be able to get something. We have some circumstances which are a bit…
-
When Can I get a new deal?
My mortgage fixed rate (4.29%) is due to finish on 1st Sept 07. Obviously my payments are going to go up quite a lot. Could I agree a new fixed rate now either with my bank or a different one or would I have to wait until nearer the time?? I amjust worried that interest rates are going to rise again by then!! Thanks
-
Anything better than Egg Flexible?
I'll admit now that during the last seven years that I've had their flexible mortgage, I've just assumed that pootling along at 0.75% over base is OK. Maybe not stunning, but OK. I do have a LOT of unsecured personal loans though, and as a result have a tight budget. Although I can adapt to the 'slower' upward change in…
-
Advice Needed Please....
Please can someone advise me? Have just viewed my dream home today. Would like to make an offer, but don't want to be turned down for a mortgage. New property is £225,00 so would need to borrow £150,000 We currently have a property worth approx £140,000 with a £68k mortgage in my name only. My 2yr fix is coming to an end…
-
Mortgage Exit fees - buy to let
Does anyone know whether you can reclaim mortgage exit fees on buy to let products as I have tried and received a response from Paragon that states "there is no regulatory or legal requirement to reimburse the exit fees applied to your account and it is not our policy to do so. Your loan is not an owner occupier…
-
Dreadful credit record, wish to re-mortgage. Help please.
Hello - am hopin for some help please: My credit record is appalling. Due to a combination of stupidity and head-burying I have one CCJ against my name, with a couple more in the pipeline. Mortgage has been held with bank of Scotland for five years now - I have missed one payment during that time, but made up the arrears…
-
Remortgaging and associated costs
Hi there I'm hoping someone will tell me I'm worrying too much here but I'm worried about remortgaging which I will have to do in quite some time - by 1 April 2008!! Here is my situation... I bought my flat (first time buyer) last April (2006) for £105k. It is now worth about £115k. I took out an interest-only mortgage on…
-
Is this possible?
We sold our house and used all our equity to build our own house. It is in a seaside place so we want to rent it out as a holiday cottage although we are currently living in it. We have a mortgage of 100k but the house is worth about £300k. We think we can get enough rental income to easily cover the mortgage. We want to…
-
Anyone got any knowledge of foreign currency mortgages?
I have read that it is possible to get a mortgage in a foreign currency and that japan is a good bet at the moment-ie get a Yen Mortgage. Anyone know how you would go about doing this???
-
Carry forward a secure loan?
Hi, Hope someone can advise me on this. I cuurently have a second mortgage on my current home but am looking to move house as soon as possible. Is it possible to move a 2nd mortgage/secured loan to your next house to avoid settling at the point of my current house sale? Hope the question makes sense. Thankyou Paul
-
Selling Endowment-do I Pay Tax?
I know I wouldn't have to pay tax if I surrender my endowment policy (no longer required as it was a low-start mortgage endowment and I sold the house this year) but do I pay either income or capital gains tax if I sell it?? I've had the policy since October 1986 so one firm said I wouldn't as it's over 10 years old. I…
-
Will I get a Mortgage?
Im looking for some information please! We are first time buyers, looking to borrow approx £130,000! The problem I have is this: I have 1 default on my credit history from 4 years ago and the balance is satisfied. I recently applied for an experian report to check everything before we go ahead with the application.…
-
Best Fixed Rate Deals Around ?
We have been meaning to look into our mortgage for months as we are currently on a normal repayment mortgage and the rate has just gone up to 6.99% with Nationwide. I am sure we can get a much better deal and we would like to fix it as well for possibly as much as 5 years. We have got Nationwide calling us tomorrow and…
-
Chelsea Building Society - your experiences, comments, reviews muchly appreciated :-)
Hi all Any comments, reviews and experiences relating to the Chelsea, thanks millions in advance. Any info really helpful. x
-
Endowment review
I am not needing this endowment to settle my mortgage but I am using it as a savings plan.The little that i know about endowments would suggest that this is a pretty unexciting policy.Taken out with Scottish Life in 1988 the details are as follows. Monthly payment £107.Policy is due to end in 2013. Basic benefit £19,200…
-
Can I get a buy to let mortgage on a property I own outright?
I own a flat (second home) with no mortgage which I'm about to let. I want to move from my main home and will need to borrow money to do this. My main home is secured under a Virgin One offset mortgage, but I owe very little on it. Am I allowed to get a buy to let mortgage on the flat even though I'm not actually buying it…
-
Remortgage with no internal valuation
Hi - I wonder if anyone could give me some advice My brother and I want to remortgage the property he owns outright to pay off my debts and for us to jointly buy a property in Florida as an investment. The problem we have is we cannot get into the property to do a valuation as my brothers ex wives grandmother (who is in…
-
I begrudge paying........
Hi I am just about to sell my house and my mortgage is fixed until Feb2008, I haven't found a property and am going to stay with a friend until I do find something, but cos I am leaving my mortgage they want £2000, is there any way around paying this money or lowering it, any advice would be very welcome. Sam
-
advice please
hi can any one please advise me?I am fed up of every month not knowing if the morgage is going to increase, I have a £64,000 morgage with 17 years left on it with the principality, do i go for a fixed rate morgage for 10 years or 5 years or what, i have 2 small children and need financial security for them so have £1,000…
