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looking for advice on remortgaging with arrears on current mortgage & neg cred his
Hi Im new to this forum but have been following martins site for quite some time. I need to remortgage our property to consolidate debts and also ideally make some home improvements. I have some arrears on the current mortgage and a not to good credit history. I have worked my way through martins remortgage advice but…
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interest rates
I know nobody can see into the future but has anybody got any predictions of if the interest rates are likely to rise or fall ? I do not mean in the near future i mean are they likely to be going up still say in two -three years time . Sorry it is a question which nobody could know for definate i know that .I have a fixed…
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Execution only endowment
I have a endowment which is obviously not performing well. I asked my mortgage provider at the time (I have since re-morgaged) about mis-selling and they re-ferred me to the broker that sold me the policy. However, at the time of taking out the policy I was offered a payment of £250 to take on the policy the only fallback…
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Mortgage or loan?
I sold my previous property due to marital breakdown and have all but £12,000 for the new property i am considering buying, if I look at a mortgage it seems that the least amount i can borrow is £15,000, if I look at a loan, the repayments are really high as i have to have it over a shorter term. Really, what i am looking…
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Cemap 1
Hello there, Can anyone tell me about the CEMAP 1 exam? Do you need to remember stuff like tax allowances, interest rates etc or is it more general? Also I keep reading about obscure questions - presumedly everything is in the manual though? Any help would be appreciated... sagaracitta@hotmail.com
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whats the diff between ASU and PHI (mortgage/payment protection)?
Hi Guys, I was planning on getting ASU income cover with Ant insurance after posts on here. However, I have read that it dosnt fully cover you and we might be better off with PHI, what is this? We are FTB and just want something basic and CHEAP to cover us incase of unemployment or sickness? Which is best for us? Thanks as…
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Country Wide Solicitors
This is an exiting time for me. I have just had an offer accepted on a flat I like and am now trying to hire the right solicitors. My estate agent recommends Country Wide, a company located in Cardiff. They are, aparently, the biggest legal team dedicated to property in the UK and charge about £600!!! My local solicitors…
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Buy to let question - is this possible
I have a few questions about getting a buy to let mortgage. My personal circumstances are that I earn £23K with no debts apart from my student loan of c 9K. I also have 9K in cash. I live with my bf who owns his own flat and I pay him rent. My parents own a house nearby which is owned outright and rents out for £850 pcm.…
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Help Needed: Shared Ownership & Preferred Mortgages
Hi all, I really hope someone can help!! Myself and my husband are buying a 50% share of a shared owneship property with a mortgage arranged through Preferred Mortgages. We were 2 days away from completion last week, and Preferred came back saying they had realised now that we couldn't have a mortgage after all, and it…
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Self-employed (limited company)... what mortgage?
I am self-employed (working through a ltd company since 1998) and most of salary is made up from dividends. Therefore my P60 payslip salary is showing the minimum possible for tax reasons. I believe the type of mortgage I would require is a self certified one. At this moment in time I would be looking to spend between…
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First Time Buyer Conundrum - HELP!
I have removed this message Regards
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FTB - No Deposit
(My first post!) My fiance and I have been renting for 5 years and really want to get on the ladder. We have about £3500 in savings but after paying fee's stamp duty, contingency for moving etc, we haven't got much left for a deposit, if at all:confused: Can anyone offer advice as to if an 100% mortgage is the best thing…
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Large Remortgage
i bought my house from the council in feb 05 for 43,000. i had some arrears with the mortgage but am currently up to date with all my out goings. i also have a 10,000 loan secured on the property as well as a few littlr debts. what i want is to remortgage the house. it is currently worth about 80,000+ and pay off evrything…
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first time buyer help needs help
my boyfriend and I are just starting to look at buying our first property. there are 2 things that we would really like some advice with so if anyone can help us we would be so so greatful. firstly, i am a newly qualified teacher, i begin my first job on the 1st of september, as with nearly all teaching posts, my initial…
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Unemployed - mortgage paid off
I was made redundant over a year ago and have (so far) managed to keep my head above water while job-hunting. The majority of my redundancy was used to clear my mortgage, and the property is valued at around £80000. Other than taking a secured loan or selling the house, does anyone know of any options available to me…
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Mortgage nearly finished - do we start again?
Hi Here is something I have been thinking about for a while - I would appreciate any viewpoints on it. It is only a thought at the moment!!! My hubbie and I are both teachers - 43 and 47. Our mortgage part and part is due to end in 6 years. However we are finding it hard in our comparatively small modern house. Yes it has…
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48k Mortgage Tracker or Fixed Rate? (Repayment)
Hi, My 2 year fixed rate is up in Oct which was a very good rate, now interest rates have gone up I am considering a tracker mortgage for the first time, does anyone know if there is actually much difference between a fixed or tracker mortgage? So far these are the products I have found and will be calling each of them on…
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FAQ regarding mortgages.
Hi I thought that I would try and create a thread where a lot of the more common questions that we all see can be put and added. I am going to ask Martin if this can be a sticky as I believe that if people read this, a lot of their questions will be answered. If I have missed any, please feel free to add: Q. How much can…
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1st advice please?
Hi there this is my 1st post so really sorry if its in the wrong place :confused: Over the last 2 years me and my partner were in alot of debt (approx 13k) and my father in law came to the rescue paying off all of the debt and now we just pay him back each month between 250 and 300 with about 8k left to pay. On top of that…
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discrepancy in fixed rates
2yr fixed rate of 4.65% ending on 31st Aug from Nationwide. New 2yr quoted at 6.24%. Report in Daily Mail yesterday says that N,wide reducing to "from 5.78% ". Obviously this means there are different rates for different products. The web page today quotes 6.13% for the particular deal that we have signed up for. I want to…
