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Advice Needed On Remortgage With Charge Please
Three years ago I remortgaged to get myself out of debt after two years of illness. I chose a self-certificate mortgage, interest only, with an interest rate of three per cent above base. I am now in full-time employment with a permanent contract. I want to remortgage, in order to reduce my mortgage payments, still keeping…
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Re-Mortgage offer, is it good?
hi. i have been getting a little advice here and there on this forum about re-martgaging and i have finally looked into one from Coventry Building society, below is the info- borrow- £100,000 term- 18yrs monthly repayments- £738.61 at todays rate of 5.65% the thing is i dont understand where it says i pay back £1.61 for…
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mortgage application
Can someone please advise on the average length of time a mortgage application takes. We have been approved on principle and have paid the valuation fee up till now (solicitor is also in place) Thanks x:beer:
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Advice please.
I have a mortgage with 14 years to run. currently paying .70% above bank of england rate due to change in oct 2008 to .55% above bank of england rate for a further 2 years. I owe £26K and am due a work related bonus in august of about £1K, should I pay it off the mortgage? thanks in advance. Mark.
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Urgent - First mortgage, rejection because of default fears!
Hi all, I'll try and be brief as possible. Got married recently, been living eith my wife for past two years in her house (she owns it). She has an exemplary credit history - hasn't been turned down for anything!! We decided that we wanted to upgrade the house, went to see financial advisor and she totted up facts and…
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halifax mortgage renewal fees
every few years i jump out of my mortgage fixed rate into a new fixed rate. this year i remortgaged with the same co halifax bank and put myself into a five year fixed rate . i phoned up halifax regarding fees which was 699 after reading about them on this web site but halifax said the refund does not apply to remortgaging…
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Help Please.standard Life Endownent
All you fantastic advisors out there, please help! HERE'S THE FIGURES. MONTHLY PAYMENT -85.92 PAYED IN TO JUNE-9,537. CASN IN VALUE NOW-9,465 took out the policy in1997 ends in 2019. This is a UNIT LINKED & 100%with profits policy and could have a final terminal bonus added. Should we continue with the policy or cash in…
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Britannia 5year fix
Thinking about re-mortgaging when my present deal expires to the Britannia Building Society 5 year fix at 5.49%. I have done a bit of shopping arround but going direct seems the best option as they dont pay commission. Also looks like they have the lowest 5 year fix on the market at the moment.
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Just some simple mortgage advice please?!?!
Hi All Mortgages seem to be a nightmare. Why isn't there a 'best of market' mortgage recommendation ever available? If I wanted a credit card or a loan someone would say for example Tesco's are doing a good rate or A & L, etc. Why is mortgage advice never this simple?:confused: I've been advised that the lifetime tracker…
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Quick Re-Mortgage Question
I've had my discounted variable mortgage with Abbey for 5 years now. I moved a couple of months ago and borrowed some additional money However both loans are now running at slightly differing rates and Loan 1's discounted period is up in August Loan 1 needs to be re-negotiated in 2 months time. Loan 2 at its current rate…
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Cutting the tax costs on a rental property?
Hi I would appreciate it if someone could provide a response to my query. Basically I have a buy to let mortgage on a repayment basis in my sole name as well as a mortgage on the property we live in. As my income is just on the borderline of coming into the higher rate tax bracket, I feel as a result I will have to pay 40%…
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To bother with IFA or not?
Hi some advice please. At the moment my mortgage is a current account one with HSBC. At the time we took it out both of us were working and had savings of about £20k . Anyway I now have not been in work for 18 months (just part time stuff) but will be working full time as from July. The savings have now gone so it…
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Mortgage Redemption Penalties
Hi Everyone I'm new to the site and this is my 1st post. I have recently sold my house and am having to pay out thousands in a Mortgage Redemption Penalty to West Bromwich Buildings Society. My question is does this penalty come under the same law as the Bank Charges? and if so is there anything different I have to do…
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taking an insurance company to court
Hi I am posting this on a couple of the boards in the hope that someone can help me. I apologise if you have seen this before, but I am getting a bit desparate. I
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There is hope
Hubby and I have had some past credit problems and were sure we would never get a 100% mortgage (we dont have the savings for a 95% as much as we wouldve preferred). But after going through estate mortgage advisors and not having much luck with the amount we wanted, we were finally advised to see an independant mortgage…
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Further borrowing advice please
Hi just looking for some quick advice about our mortgage please.Ok we took out our mortgage about 4 years ago with the Chelsea and about 8 months ago we had a further advance for various home projects,however we need about another £8000 to finish off.There is still plenty of equity in the house so should we just go back to…
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remortgage from int/only to S.V.R?
My wife has a Int-only mortgage policy which i am not on,although payed by us both. She recently asked the M/provider about clearing the outstanding £30,000 by Remortgaging.The figure of nearly £600 per month over 5 yrs on a S.V.R was quoted. Appart from the low amount required for re-mortgaging, (£30,000) my wife retires…
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Quickie on further advance from lender..
We're taking out a bit extra on our remortgage-can anyone please give an idea on how long after completion of the remortgage (on the 30th June) the extra funds take to get paid in our account..? We'd like to start planning for it. Thanks T
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Abbey- must use their solicitor
I have heard that Abbey insist on a mortgage applicant using their own solicitor, when one buys a property with their mortgage support. What do you think of their rule? Can the sol'r be guaranteed to have the buyer's interest at heart. Will the sol'r also act in the sale of the applicant's own property? General opinion of…
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Highest Income Multiples for guarantor mortgage?
any one know who does high income multiples for this please?
