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Admin charges northern rock insurance cancellation
Im new here so hope im posting this in the right place!! Just a quick question really when my fiance and I took out our mortgage with northern rock nearly 3 years ago they sent us all our documents but automatically insured us on their property insurance. We didnt want to insure our house through them and as far as we were…
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Remorgage for Timber-frame house
Hi All. Does anyone know of a mortgage lender who will allow me to borrow up to 100% on the value of my house for Remortgaging purposes ? Thanks
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Help Remortgage Nationwide
I Needs some help please I was a first time buyer (Sept 2005) bought a house for £130k. Its now time to think about a Remortgage The mortgage is now £102.5K Mortgage rate is 4.95% Fixed deal Nationwide Building society I want a mortgage for 20 years Fixed deal 2 OR 5 years?? So when is the best time to contact building…
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OneAccount - Any experiences, Whats the catch??
Hello Collective, Ive been pointed in the direction of a Oneaccount.com As an alternative to a fixed rate mortgage Ive looked on there website, read through the spiel, and used there mortgage shrinker. Essentially it all seems too good to be true, but I cant seem to find a catch, does anyone have any pointers or experience…
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Re mortgageing with bad credit.
The title says is all really. Im about to come to the end of the fixed rate period on my mortgage. When i took the mortgage out i had A+++ credit rating but after a rough couple of years i have had to borrow heavily on the credit cards and have missed payments in the past. I am well on top of things now but my credit…
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£7.5k capital or £250/month for 4 years - which is best?
Hi, I'm new here so please forgive me if this has been covered elsewhere (I can't find it though!) I have the option of a company car or £250/month benefit in lieu after tax. If I take the car and sell my existing car, I can pay £7k off the mortgage. If I take the £250/month, I will overpay by £250 every month. My mortgage…
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Would i be living on baked beans?would it be worth it??
HI everyone! Hope someone could advise me! and if im been stupid just tell me! So... We sold our house and are back at the inlaws for now. We have found our perfect house at £125,950! A good price but abit above what we had originally thought about. It a good leap from our last house.Though it needs abit of work so would…
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Can overdraft in the past afect my application?
Hi All, My partner and me have an agreement in principle with Coventry Building Society for 207K (100% mortgage). We found a house and we want to apply for the mortgage. Our broker asked for our latest payslips and bank statements, but my partner has used his overdraft twice in the last 2 months :o . How much can this…
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Endowment Policy - keep or surrender?
Hi everyone Would appreciate some advice please. We have a Zurich Adaptable Endowment plan which is due to mature on 1st November 2011. We have paid off our mortgage so don't need it anymore. Details: Monthly payment: £29.85 Maturity date: 1 Nov 2011 Maturity Value: £13,500 Current Value: £13884.29 Because the plan has…
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Endowments: Cash them in?
The Financial Services Authority (FSA) clearly state that the only people that are allowed to give advice on endowment policies in the UK are Independent Financial Advisers (IFA’s) Bonuses (Both reversionary and terminal) and unit-linked returns on endowment policies were adversely affected after the crash of 2000 but…
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100% Mortgages-Any Advice?
HI, I am a first time buyer and am looking to purchase a house with a 100% mortgage. Ideally I only wanted to be tied in for around 2-3 years, but don't mind a longer term such as 5 years. It also has to be a fixed rate. It is a joint application, and the purchase price is £132,500 I have spent ages on the web trying to…
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Getting out of remortgage
Right, my parents remortgaged there house after it was fully paid off in feb so they could live in spain, so me, my sister, her fella and my girlfriend agreed verbally to rent the house. They didnt remortgage to the full value of the house, just enough for them to buy there villa in spain. Its now June and its like living…
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Lender refusing to provide redemption statement for July
Hi, My fixed mortgage ends on the 1st July and I'm trying to obtain a redemption statement for that date - however my current lender refuses to do so claiming that there computer system does not support this. If I don't get this in time, then I will probably have to pay another 2 weeks of interest at their higher standard…
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Non-refundable application fees?
I'm going for a 5-year fixed rate mortgage with A&L. It seems I'm on to a good thing, cos they're just withdrawing it, and it's 5.47%, a deal I'm unlikely to beat. They phoned me up today to process my application and are talking about a non-fundable £340 application fee. Of course there are other fees on completion…
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New to mortgages .can you combine a mortgage with a loan?
Hello this is first post on money saving expert although i read the site a lot. I have decided to post a question because it is something myself and my husband are really not sure about. so here goes. We would like to buy a shared ownership house .Buying about a 40 to50 grand share we could loan up to about 65 grand.we…
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Please advise on re-morgaging
Hi people! OK my dad wants to buy a small place abroad and live there 6 months of the year. property is about £160,000 he has finished paying his house mortgage over here off after 25 long years. House is valued about £290,000 in East London he earns about 20k a year basically he wants the most efficient and cheapest…
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Abbey - problem computers? Or just rubbish?
Hello all Not sure I've put this is the right place - but since we decided to move our finances etc to Abbey - to 'make life less complicated' - things have gone from bad to worse. Apart from them losing photocopies of our personal documents eg passports/ driving licence etc for a joint account ( potential identity fraud…
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Confused by Abbey
We have a mortgage a bit over £25000 with the Abbey. We have had it and paid it for 6 years no problems. I phoned today to talk about borrowing a further £6000. When i told her our income (about £14000 including tax credits) she spewed out all these figures that amounted to the fact that Abbey has a new budget filter which…
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woolwich/barclays swithover
Hi. I have just had a letter from the woolwich about the switch over to barclays. I have an offset mortgage with the woolwich, with enough in the savings to effectively pay about £5 a month in interest on a £46,800 loan (interest only--the endowment is another issue!) I have 4 yrs 4 months left. when we switch, it will…
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Moving from Abbey with CCJ
I'm hoping someone might know something I don't!!! I'm three months from the end of a two year fixed rate with Abbey (4.69%), I'm aware that they don't offer anything other than the SVR to remortgagers already with them so am looking around, my main problem is I have a satisfied CCJ which by then will be 5 years old, are…
