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shared ownership mortgages
Hi there everyone, I am in a bit of a dilemma, please help! Not many Banks/buliding societies deal with shared ownership mortgages, so how do i know that I am getting the best deal? Thanks.
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Advice needed Re leaving our old Mortgage Advisor
Hello All, As per the title I/we (my girlfriend and I) need advice regarding our 'old' mortgage advisor. Two years ago, we went to see this advisor after seeing him advertised in a publication at our work place, he was also recommended by some of our colleagues. He suggested a mortgage and arranged life cover on a level…
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Mortgage Broker Fees
As I whole-of-market broker, I take issue with some of the advice given. You are effectively advising everyone to go to one of a few large brokers who have enough volume to waive brokerage fees. This ultimately reduces competition and increases consumer costs. Secondly, you seem to be advising everyone to use a broker, but…
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Porting and extra borrowing advise please
Hi, We have just sold our house and had an offer accepted on another house which is more expensive, here are the numbers: current mortage = £122,000 sale price = £160,000 therefore £37,000 (equity after agents fee) -New house price = £217,500 -Port existing over leaves £95,500 -We will use £33,000 of equity therefore…
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Endowment trade questions
Via APMM I've had an offer for my endowment policy from a company called Foster & Cranfield/IFG Teppco which is 10% above the surrender value. Does anyone know: 1. Whether this is a reputable outfit? 2. Whether they might be open to haggling?!
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Can i get a second mortgage???
Hi I bought my first property in scotland of march last year (on a 2 year fixed rate interest only mortage to mar 2008) for 115k. Its now worth around 135 k. Ive had to relocate to south of england for new job and have rented my scottish property out - rent just covers mortage repayments and my lender is aware of the…
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A&L Premier mortgage - any cashback or referrals on these?
Hi I'm looking into an A&L five year fixed rate mortgage available to premier current account holders only. The rate seems good 5.47%. Does anyone think it's a good deal and pls does anyone know if there is a way to be referred for this mortgage or claim cashback at all? I'm suspecting not but thought it worth a post...…
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RBOS Free Legal and Valuation
Has anyone ever used this? When it says "we’ll pay all our standard legal and valuation costs for you" Is this the same legal fees I have been quoted from my lawyer? I am moving from Mortgage Express to RBOS (buy to let) - the lawyer says it will cost in the region of £900 to do. Do you really get this £900 back? I spoke…
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when does mortgage money clear
my sols have reqested the mortgage money for 2day, so we can complete 2day or 2moro. just rang and they arent there yet, what time do they nornaly clear?
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Remortgaging discrepancy cashback????
Sorry if this is a stupid basic question - I have searched for the advice and downloaded the pdf, but I cannot find an answer. I am remortgaging for the very first time and changing lender. I am borrowing a new amount which is about £900 more than I have left with the 'old' lender. How do I go about retrieving this sum??…
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Remortgage whilst in Trust Deed
Hi, I am in a Protected Trust Deed (Scotland Only) and as part of this have to arrange a remortgage to release equity to complete the Trust Deed. I need to find a FA/Broker who has experience of this type of thing. Can anyone advise me? Thanks
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Some Mortgage figures help
Hi there, Just working out some figures and want to make sure I'm on the right tracks here. I want to borrow £170,000 Deposit - £10,000 Repayment @ 6% = £1100 per month Overpayment will be £700 with no penalties Over a period of 1 year would have paid off ~ £21,000. Now say one year from now I decided to sell and get…
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assignment of endowment policy
i have two endowment policies - both were assigned to me on remortgage (from Barclays to RBOS) in 1993 and I have the policies. Should they have gone to RBOS? How do they know i have them - have just switched back to an interest only mortgage with them as am unemployed and cannot afford the capital/repayment element of…
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Mortgage Payment breaks
Hi We've had our mortgage for nearly 2 years and have made all repayments on time every month. We're considering having another child (we only have 1) and have been trying to work out a way to make it possible financially. We'll be in a position to re-mortgage in August this year and have talked about taking on a mortgage…
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Mortgage Advice and Buy-to-Let Advice
Hi All, I wanted to ask for some advice, hopefully you guys with experience might be able to help me. I'm looking to buy a house for a buy-to-let scheme, but would like some advice about how to go about this. I have researched the area that I want to buy in to, and I'm trying to seek advice about the tax, house potential…
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Please, Please Help
Im unmarried but been living with my wife to be for 13 years and have a 4 year old daughter. Now we have a mortgage of £75000 and the house is worth about £110000 and we want to pay our debts off around £30000 on overdraft, credit cards, loans and cataloges. what would be the best way to do this, beeing we earn around…
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repossession of house ?
Hi new to this, iam looking to take out a mortage for £15000 and need advice as to with whom and over what period 5 or 10 years. I need this money to pay off a legal charge loan, on my home.
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intrest only or mad to ?
hi guys. comming to the end of our fixed rate soon and rates have gone up2% scince then and remortgaging on a repayment would make money tight. but not impossible. just would mean no social life.our propertys worth about 200,000 and we own 88.000 of that. we need to fix again but would we be very daft if we went intrest…
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ADVICE please re: compensation details for a mis-sold mortgage linked PEP
I'd really appreciate anyone's take on the letter I have received regarding my claim against Nationwide for a mis-sold motgage linked PEP. Here are the main bits........ blah blah...I agree there may have been other ways of repaying your mortgage that would have suited you better (ARE THEY ADMITTING SOME FORM OF…
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1 Pays, 1 Doesn't !!!!
Hi, We had 2 endowment policies, one for the original house purchase, the second when we topped up our loan for home improvements. We put in a claim on both policies and were paid out by Abbey Life (2nd policy). Friends Provident, who sold us the first policy THROUGH Abbey National (as they were tied to them at the time)…
