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FTB Advice
Hi, This is my first post on here, just after some advice. Myself and my boyfriend have put in an offer on a house £124950. We have a 5% deposit and some money set aside for costs. Our joint earnings are currently around £30,000. We'll be looking to lend £118,000. I've spoke to a mortgage broker as our EA said there were 2…
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68 yrs old - Need to remortgage....Please Help!
Hi this is all new to me but thought i would give it a try. I am 68 and have a pension of £68000 a year and i am wanting to remortgage my house for £250,000 the house is valued at £300,000. Every website i try, all have age range restrictions. If anyone has any information for over 65 pensions that would be much…
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Mortgage and Loan in one
Hi I am a first time poster and would be interested to hear a few pearls of wisdom from you clever lot. I am a graduate of one year who would like to take out a first mortgage, however I stall have around 6k of debt that I would like to consolidate with my mortgage. So bascially a 100% Graduate Mortgage and a 6k loan all…
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Penalised for having small mortgage! Any ideas?
My fixed rate deal is coming to an end and I now have a £33,000 mortgage left. I can't find any deal to transfer to where the exit and entrance fees don't outweigh the savings. Have asked current lender (halifax) in branch and via phone for loyalty discount but no go. Have I got to settle for 7.75% SVR?
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Eviction court date pending
hi alli need some strong acurate advise plse.my mortgage company is taking me too court for eviction, i already have a possesion order against the house in 95 , suspended, but have fallen behind in arrears again, most of the arrears are their charges, i have tried talking to them but they want money i havent got too stop…
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GMAC RFC - Help Needed
Hi, I am very new to this and hope someone can help me here. I recently wrote to GMAC and requested that they pay back : 2 x Unpaid DD Frrs @ £30 each 1 x Areears Fee @ £50 each 5 x Non payment bt DD Fees @ 15 each I got the standard letter saying that all the fees were justified. My questions are.. 1) Is it worth me…
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adding names or transfering equity on a mortgage
I need advice on the procedures or best way to either trannsfer equity or add names onto an existing mortgage. The background is that the house i live is owned by my mother to which i currently pay £600.00 a month to towards the mortgae, she currently tops this up to pay 1060.00pm. we are now looking to extend the terms of…
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Selling a percenage of our home to our son
My wife and I jointly own a property valued at approx £380k with a mortgage of £125k. I have some debts I would like to pay off and also reduce my mortgage but we both really love our home and would prefer not to move. My eldest son (aged 20) is in the army, based in Germany and earning about £23k pa. He is keen to get his…
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Advice for first time buyer in a pickle!
Hi, I'm 22 years old living in a rented flat with my girlfriend of many years. Were looking at buying our first place in the near future but i'm worried about getting a mortgage. I'm not unsure about the payments but at being refused the mortgage. I've checked my credit score on the relevant ste and it is "Fair". However i…
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Can I transfer this mortgage?
Hi All, I was about to buy a flat, exchange due next week. I'm a FTb and I had a mortgage agreed with BOS for 105K at 5.70% fixed for 5 years interest only, but allowing repayments of upto 10% of balance per year, arranged through a broker. Now the sale has fallen through, I've found another property and need to borrow…
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scared and need help<long read>
i dont know where to start in all fairness its probebly a common situation but for me my world have just stopped and im deverstated. my husband has left me saying he dosnt love me anymore, so me and the kids are in big big trouble.he wants to finish doing up the house over the next few weeks,we have gutted this house from…
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Should I put my name on the mortgage?
I moved in to my husband's house 4 years ago just before we married. I pay half of all household bills and the mortgage. Is there any benefit to having my name on the mortgage and having joint ownership? Thanks
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One for the mortgage advisors
What's the best deals around at the moment for the following: 30 year old self-employed first time buyer (ltd company trading since 1998, 50% shareholder) Earning £54,000 before tax (made up of basic pay and dividends) Looking for a fixed rate for first 2 or 3 years, want to allow overpayments up to 10% without penalty…
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should i use pre-reserve
I have a pre -reserve with my morgage of £3500 which i can use at any time .I am really struggling at the moment to pay for a loan which i have the loan has another 4 years to go so alot of years to struggle.I am tempted to use that pre-reseve to pay of my loan but not sure what to do . My morgage at present is fixed for 2…
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Remortgaging With The Same Provider
I am struggling to get an answer to what is hopefully a fairly straightforward question - even from the company concerned. Can anybody help? I am coming to the end of my discount period on a mortgage with Birmingham Midshires. I have researched the market and am very likely to take another BM product. Can I assume that…
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Mortgages and relocating
Hi all, We're 99.9% certain that we're moving up to the Midlands in 6 months time. We'll be renting initially (6 months minimum) when we get up there and then we'll be looking to buy as soon as possible. We're first time buyers looking to settle down. One of the questions that has popped up during our conversations is how…
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Buying from family
I am buying my Grandmother's property privately. I have a very knowledgable solicitor who is willing to do all the arrangements for me....so no worry there...however Because I am a first-time buyer my mother will maintain her 1/8 stake in the property (enabling me to make a deposit), I will be raising a morgage with my…
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Help needed urgently - offset mortgage
Hello from a newbie and like many starts with a problem :) Looking for some advice on the following: Problem 1: I’m a British expat currently working in the Middle East. I secured an off-plan property (making payments in instalments rather than one lump sum) in Dubai and wanted to re-mortgage my house in England to fund…
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another low priced morgage question
i have been offered this morgage from the halifax what do you guys think it is a tracker CMC112 variable rate and it is 0.540% above the BOE base rate to give a rate of 6.290% it is a fee free i would be tied in for a couple of years and i can only over pay 10% per year i only need 45k and would like to pay around about…
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change of mortgage
Just to follow up my last post.. Is it possible to change a mortgage from a joint mortgage with a parent to a guarantor mortgage with the parent as the guarantor?? how difficult is this?? imers
