We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgages & endowments

Archives for June 2007

transfer of equity please help
hi i am needing advice i will try to keep this as simple as poss,my wife left me last may leaving me with my 4 children,3 still at school,i always thought she would be back but no . i have paid the mortgage since and recieved no financial help from her for the kids .i dont know can i remove her from the mortgage and how…
Mortgage or cash purchase ?
I am going to be buying my first house in the next few months but need some advice. My plan was to put down a sizeable deposit (approx £ 75 k) and then take out a relatively small mortgage i.e. £ 50k to buy a nice, modest house. However, after talking with a neighbour who's been property developing for a few years I am now…
reducing my mortgage - options??
currently owe approx 38k on my mortgage,its fixed at 4.89% until september 2010. My payments are 242 a month for another 20 years and 2 months. If i make an overpayment, i get charged £50 each time. I've started paying in £250 a month into a savings account (have done since last november), would it be better for me to wait…
Career Help!!
Hi All, I have just registered after lengthy reading through the Q&A's which are very interesting. I am 20 yrs old fully CeMap qualified and currently seeking employment. I thought completing the CeMap would have been the difficult part, however, now qualified i am finding difficult to even get any interviews!! Does anyone…
Mortgage for self employed son
I would like to put forward for assistance the following. My son who has recently become self-employed (April) and earns £43000 as a site engineer and requires a mortgage,he would like to know his options and what steps he should take to facilitate that,he has suggested that he would prefer a fixed rate ,but he is not…
Abbey mortgage
We are hoping to get a fixed rate mortgage with Abbey.After speaking to a mortgage adviser yesterday(whom i have used before and is very good) she advised us that Abbey are offering a good 5 year fixed rate with all fees paid and £750 towards legal costs which would be paid directly to our appointed solicitor.When i look…
FTB looking for best 2year Fix or disc product
FTB and I`m looking for the cheapest fixed and discount product over two years - cheapest including arrangement fees not added to mortgage. Looking to borrow 80% of 160K. Any advice - Ive been on money supermarket and moneyfacts but its bewildering.
Deposit - When to pay
Hi We made an offer on a property 3 weeks ago which was accepted. Our mortgage company went out last monday to do the valuation and today we recieved our mortgage offer letter. Our solicitors told us that we needed to inform them once our mortgage offer letter was recieved so that they could make arrangements to take the…
Extra Borrowing
I have had my mortgage for 10 ten months now, if i wanted to borrow some more money off them for home improvements how would it work? Could i add it on to my mortgage and have low repayments over a the length of my mortgage or would it work as a personal loan and have a different intrest rate and could i only borrow for…
Mortgage Fees
I was wondering what are the typical fees to expect when remortgaging? We are currently with West Bromwich and were wondering what fees we would get to remortgage through the same company and would it be less fees than if we moved to another?
2 mortgages on 2 different properties
Hi everyone, I'm currently thinking of buying a flat in Bristol (where I work a lot), but would like to keep my existing house in the North East. I have a £86k mortage on the NE house, its worth around £110k. What is the best way of getting a mortgage for the Bristol place, bearing in mind I have no spare cash for a…
How should 'Mortgage Advisers / Consultants' charge me???
Hi,I was just wondering how a mortgage adviser should charge me?I am thinking of using one who is tied to no one, and will search hundreds of mortgages for me. Will he charge me a hourly consultation fee, or can he still get commision, even though he is untied.Please can someone advise me on the different types of…
Nationwide don't value "net profit"? Arghh!
Hi, Just had a very annoying experience (and still is). I called nationwide approx 8wks ago and asked them if they take net profit to count as my monies earned (I own 100% of a limited company and have done for 4 years, have all certified accounts etc). They said yes so I apply online put in all details pay for survey…
Underwriter??
Hi all, will keep this brief. just went to pay cheque in at lloyds and cos we in debt (about 30,000) and they can see we are struggling to meet direct debits etc, i was invited into the dreaded "review". asked who we had our mortgage with i said BOS. told them we owed 32,000 and house is worth about 120,000. she asked…
wrong mortgage!
Please help, I recently contacted my mortgage lender to arrange a remortgage for home improvement purposes. The mortgage was set up with them 6 months a go by my financial advisor. After hours of meetings we agreed that an offset mortgage was most appropriate as I had a lump some of money £50,000 (from a previous house…
Broker Queries
Hi, I got a mortgage through a broker. It's all completed now as I just wanted it done because it dragged on so long. Basically, i've gone back to clear up the loose ends. Now, the broker said (and I asked for) legal fees to be added to the mortgage. The mortgage company are adament this wasn't asked for and the brokers…
First Time Buyer Help...
Can someone please give me an idea on how much I can borrow? I earn £31300 per annum. £1000 on a credit card that is paid off monthly, good credit rating, £10,000 deposit. Looking to buy in the South East (London Borough). Thanks alot
Ifa
Okay, this is probably on here somewhere, but how do I go about getting a financial adviser for free? I know I have to make sure they are "across the board" (is that right?) and fee free, but what else do I need to know? I'm quite knowledgable about mortgages and am fairly sure I know what I want, but if someone can look…
Please Please Help - What Do I Do?
I have been having sleepless nights about what to do about my current situation. I am a single mother of a 5 year old and receive no financial help from my ex-husband. Here is the situation: I currently have a discount rate mortgage of 7.19% with Future mortgages and my repayments are £970 interest only. I am locked in…
endowment query
We have 2 endowments, both with London Life. One taken out in 1985(12000), the other in 1990(18,000) when we moved to a new flat. In 1997 my husband received an inheritance and we used that plus savings to pay off our mortage. We were advised to keep paying into the endowment as cashing it in would mean we would loose…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Mortgages & endowments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Mortgages & endowments

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free