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mortage or credit card
Hi There I could do with some advise ,my father died a couple of months ago and I am about to be given 50,000 from his will .My question is am I better to pay all this off the mortage which would leave 26,000 or pay off 40,000 and 10,000 to clear credit cards .The credit cards are all on 0% for twelve months but i think…
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L&G Endowment Mis-selling...... Help!!!!
Hi Guys I hope you can help us. My wife and I bought a house through a L&G rep in 1999. When the rep sold us the policy she brushed over repayment mortgages with very little detail and put a huge emphasis to the endowment policy and its terminal bonus. She presented the endowment route as a very attractive proposition and…
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Leaving An Offset Mortgage - Need A Fixed Rate
Thanks in advance for any replies. I have been in on an offset mortgage for the last 3 years - unfortunately, I dipped in to it a couple of times because I could !! (but I am better now) So I really would like a fixed rate repayment for 5 - 10 years. My property is approx worth 300K and my current mortgage is 185K I earn…
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will i get mortgage ????
Just wanted to ask if i would get a mortgage my annual income is £21 500 my wife is not employed (stays at home with toddler) we currently been renting for the past 5 years and think its by time we tried to get our own house. Do you think i would get a 100% mortgage with that salary and have no poor credit ratings ? we…
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Recommended Endowment Traders Please
Hi Everyone. I am trying to sell my Endowment and would be grateful if anyone could recommend any reputible companies. I have already had an offer from Surrenda-link but would just like to be sure that I am getting the best deal. Thanks in advance Crazy Saver.
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Please Help. Will Having Another Baby Affect My Chances Of Getting A Morgage
Hi im new here, but need some advice. ive just found out i am pregnant whic will be baby number 3, someone told me having another baby will stop us from getting a morgage is this true?
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tracker - how long a term should i go for
im looking for a tracker or discounted mortgage, ing have refused my application so not sure where to go and try next, i paid off my 10k on the credit card and then appealed and was still refused. i have been wondering how long a deal should i be looking for with my mortgage, what are the pros and cons of 2, 3, 4 or 5yr, i…
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Mortgage Remdemption penalties - word to the wise
I am redeeming my mortgage as my current bank won't lend me enough money to move house. I have no issue with the redemption fee - fair is fair, I knew what I'd have to pay when I took the mortgage out. However, I did query the calculation of the redemption fee. My mortgage is approx 93k and I will need to pay 3% of the…
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Fixed rate mortgage (10 years) £68K
My Nat west 5 year deal comes to an end Aug 07, could anyone recommend a new provider with very low or no fee's and other charges regards Alan
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Standard Life Endowment. Help Please!!
HI, HOPE SMEONE CAN ADVISE. We took out this policy in 1987 and the policy matures in 2019. This is a Unit Linked & 100% with profits policy and could have a final bonus. It guarantees to pay out £33,00 on first death. We have so far payed in at June -£9,537. Cash in value in June-£9,465. Our monthly payment is £85.92.…
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Advice please
Hi Hope someone can give me some advise please. I currently have a Fixed 70K mortgage till November 2008. Its for 15 year period I'm with first active and have the ability to over pay 10% of the total sum each year. I've now saved up enough to be able to over pay 7K for this year but when i called first Active and said i…
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northern rock requiring additional bank statements.
A friends mortgage app has gone to underwriting at northern rock and they have asked for extra bank statements. This isn't a complaint or anything, it just started me wondering why...he sent them a bank statement, 3 months payslips and a P60 so why would they require to see extra bank statements. They could not provide a…
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Need help with Mortgage Exit Fees please
You should just ask the lenders to refund you any amount you are owed. They can be trusted to get the calculations right. But you need to be careful with what you are asking. You say you've changed your mortgage twice with Halifax - you'll only have paid an MEAF if you REDEEMED a mortgage, not if you SWITCHED PRODUCT, and…
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Arrangement fee help
I'm new to this site so I would appreciate a little bit of help. I've recently just finished my 3 year flexible deal with Direct Line and they told me as the deal was coming to an end I would be paying the SVR from the end of this month. I want to stay with them however, as they have been pretty good with my mortgate and I…
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Can you help me find my perfect mortgage...
Just found the perfect house so need to put ourselves in the best possible position asap (other offers on the table) Need to borrow £122k for a £150k house (£28k equity in current property - accepted offer yesterday). We want to move in 2 years time so ideally will have no tie in after 2 years (if at all) Would prefer…
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Question for all mortgage advisors and anyone who can help!!
I have gone through an IFA to get my mortgage (he works for a company), but we have had problems: First, he quoted the wrong salary to the mortgage lender which resulted in the offer being dropped by £10k. Next was the mortgage offer- the APR had gone up - we were never told that this could happen when we got the mortgage…
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Advantages of a large deposit?
Hi, first-time poster here. I hope to be a first-time buyer soon and am about to go hunting for brokers to arrange my mortgage. I want to buy a property for approx £235K and have just inder £70K in savings. My monthly income is £2600. If interest rates rise, I could probably afford to put 50% of that towards a mortgage but…
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Paid £65K into 5 year fixed rate – but mortgage only gone down by £10K!!!
Please can someone help? I'm sure this was explained when we took out our mortgage but I can't remember how it works! We took out £172,000 with Nationwide on a 5.79% fixed rate repayment mortgage for 5 years back in 2002. Recently, we were sent the papers for a new fixed rate product - but I noticed the balance was £163K!!…
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First time buyer and totally clueless
Hi all, I'm currently a council tennant but my boss has offered his flat to me. He owns a 25% share and the local housing assocation own the rest. The flat is valued at 80000 and I can borrow a maximum 60000. According to the boss I can buy his share or as much as I'd like. My mum has offered to buy in with me so we can go…
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Can anybody recommend a mortgage
Hi, My Abbey National mortgage fixed rate finishes shortly and I would like to get a better deal. I currently owe £105,000 on a house worth £270,000 with 20 years left. Our joint income is £65,000 per year with normal outgoings. Any ideas? thanks
