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Will this be possible?
If anyone could help, my husband and I would be thankful. If I am all over the place, please forgive me. I am consistently chasing after our twin daughters and lose my train of thought. We have been in our current home for nearly for 4 years and have never been late on our mortgage payment. But we have been late on three…
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Non EU Resident Mortgage
Hi was wondering if anyone could help me. I am looking for lenders that take on non EU residents that do not reside in the UK. The applicant is quite wealthy and is willing to to pay upto 30% deposit. Any help appreciated!
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Endowment miselling
14 months ago I instructed a company to pursue a claim for 2 mis-sold endowment policies, with a predicted shortfall of £83,000. The company charged an initial fee of £350. The 2 policies have a further 5 years before cessation (2012) my monthly contributions amount to £300 per month. 4 months ago the company informed me…
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new job new mortgage???
Is there anyone out there with financial advice for me? I'm pretty new here. I currently have a joint mortgage on my flat with my husband. We went travelling and he has a new job (3 months now). I am unemployed but start my new teaching job (permanent contract) from Sept. Most lenders say you should be in employment for 6…
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need new mortgage
hi. our 2 yr fixed mortgage is coming to an end. when we took our last one out we didnt understand it was flexi fixed. we were wondering is there anything so simple as a fxied 2 yr mortgage with no increases in the rate for the whole 2 yrs. thank you for your help x
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Interest Only Mortgage
Everything you read about IO's talks of having a separate saving repayment vehicle for the capital at term end. With a fully Flexible IO mortgage what is wrong with treating it like the equivalent Repayment mortgage and making the extra payment each month??? Thereby it would be fully payed off at the end of the term. This…
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some advice on mortgage 5x my salary
spent most of my time on the selling and house forum, as i've now sold our house i need to start thinking about a mortgage for the new one. heres the details selling house for 291,500k which we owe 66k on. buying new house for 400k (will hopefully negotiate down to 395k:money:) we have about 35k in savings that will be…
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CIS endowment
Hi there I,m a newey to this site,although i've heard Martin ranting and raving manyatime on Radio 2.My question is this,I have recently found out that my endowment policy(which matures in march 2009after25 years)has been turned into "fully paid up policy"???.Briefly this has comeabout after making enquires why i have not…
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HELP! Mortgage strategy advice needed.
Hi, I am hoping that some mortgage buffs can help give me some advice about mortgage strategy. Please read my story below: ME: I am 28 years old. I am a 1st time buyer with a good credit history and good credit score. I have a mortgage promise from the Halifax. I live with my fiance in her mortgaged house. We are getting…
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Reduce Term or Overpay? What's the Math?
Hi folks, I've seen this partially discussed in other threads, but I hope you don't mind me starting a new one. So the question is - I've got a 23 year mortgage, for convenience lets say its £100k repayment and the rate is fixed at 5.5%. This works out at £639 a month. I can afford to bring the term down to 15 years by…
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Do you think there is any chance?
Ok bit of a long story but I'll try to be as brief as poss. House is in mine and ex-husbands names, although since he left 18 months ago I have paid mortgage on my own (although mortgage still in joint names too) was all left like this because there was no equity in house, I don't earn enough to get full mortgage on my own…
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Overpay mortgage or not??? Please help
I wonder if you good people out there could give me some advise. We currently have a fixed rate mortgage until 2011 of approx £100,000. Very shortly (due to paying off all our overdrafts and store cards etc) we will be in a position to have either a new car and more holidays and generally a much better standard of living…
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post bankruptcy
I was discharged from bankruptcy over two years ago, have no debts, one secured credit card, and am earning over £65k. My partner and I are looking at buying together - he is on a similar salary and has an excellent credit history. Are we likely to be able to get a mortgage together? We have around a 10% deposit.
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CIS endowment query
HI there I would be grateful for any views on this. I recieved a green letter in June of 2006 stating my policy was on track to repay a target amount of £15,500. The policy matures in September of this year & I have just recieved another letter from CIS informing me that my guaranteed minimum value on 15 Sept will be…
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2 year fixes to hit 6% within weeks!
"Two-year fixed-rate loans have proved hugely popular in recent years. The best-buy two-year deal rose from 4.5% in 2005 to five per cent at the beginning of this year and is now 5.5%. In two months, analysts warn, these deals could cost six per cent or more."…
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Help with broker problems?????
Hi there, i hope that someone can help me clear up a couple of things. I approached an independent mortgage advisor to get a mortgage, he insisted on me paying £600 mortgage valuation fees up front, calling us every other day for the money, as soon as i payed him we never heard from him for the next four weeks. i kept…
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Are Reliance Mutual Plans Paying Well?
Many moons ago, we were advised to surrender a couple of Reliance mutual endowment policies. The FA then sold us another policy with Eagle Star.:mad: Could anyone tell me how Reliance Mutual plans are doing in the present climate? I have read a lot on these threads that quite a few companies have picked up now and many…
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can any IFA's advise please
Firstly I have posted this in house buying before I saw this forum. I think this may be a more appropriate place to post so ap[ologies if you've already read this but I would be grateful for any advice anyone can give. Thanks We are wanting to put in a bid on a property that is being put out to tender. We currently own our…
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heres an idea
Hi there, if I have a current acc or a mortgage, with a bank, and I get marketing mail, offering a personal loan or a credit card addressed to me as im a customer, and at the bottom it has a promotional code to quote to call, does this mean im pre-approved, or do the company lower their criteria for the promotion, or am I…
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buying out partner
soon to be ex partner wants to buy me out of our joint property no equity in house though so selling is not an option and he wants to keep property. he earns around 80 - 100k per annum. he has said he will raise 40 -50k for me to start again as i sold my house to buy this one. the bank we are in undervalued our home so…
