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Remortgage - how do they work out figure?
I'm planning on remortgage with the same company I am with now (Nationwide) when my fixed is up next April. But I just wondered how it worked. I have put a few overpayments on since I took the mortgage, so I just wondered how they worked out what my new payments will be. I should imagine I will be ringing to refix it three…
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mortgage with bust bank
If you have a mortgage or debt with a bank and the bank goes bust would you have to pay the remainder to anybody?
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Is my Northern Rock fixed rate safe???
Hi. I have a 7 year fixed rate mortgage from the Northern Rock which still has another 5 years to run. If they are purchased by another bank, which is looking more and more likely as their share price falls to the floor, will my fixed rate be safe or can a new owner change me to another rate and/or type of mortgage???…
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Advice Needed
Hi there, was pointed to these forums by a friend and whilst I realise it's no substitute for a good IFA, I'd rather go into any meeting prepared with some knowledge. Basically my fiancee owns a flat, it was purchased on a fixed-rate deal that's due to expire January 2008. The mortgage was for approx. £90,000. Also as she…
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Nervous FTB - Self Cert Mortgage
Hi, Thank you for your time and help - any advice is appreciated. My partner and I are both self-employed FTB's and have recently reserved a new build for completion in January. We are looking for a self cert mortgage and would really appreciate some advice on which lenders are likely to accept our application. Our…
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pay loan off or add to mortgage
Hi All. I have 2 loans 11k and 4k (£351/month) I have a mortgage of 100k on property valued at £180k. s it better to add the 15k loan onto the mortgage and pay the 301 into the mortgage or keep them seperate? All the best Bob
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RBS Loanguard - watch the small print!
Hi Moneysavers! Just wanted to warn you that if you take out an RBS Loanguard to safeguard your mortgage payments, and then pay off your mortgage but would still like to keep the cover going to cover high household bills temporarily, they may still take the premium from you, but will refuse to pay out if you are made…
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Taking a payment "holiday" just before moving...
Currently have a mortgage with Nationwide which has just come to the end of a 3 year fixed rate and is now at their standard rate so is crippling at the minute, however we are currently in the process of moving and switching to a new fixed rate mortgage also with Nationwide for a smaller amount on a new house which will…
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Mortgage or Personal Loan?
Hi, We are new to this website so apologies in advance if this question has been asked before. Our mortgage is now just less than £25,000. Given the way interest rates are moving, would we be better to take out a fixed rate personal loan for the £25k and pay the mortgage off with this or stick with our current arrangement?…
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Northern Rock Mortgage offer
Hi I need so advice as I am really worried and our solicitors is not answering/returning any calls :mad: We have exchanged on a new build property in May, the house was delayed as we were due to move in first week in September and now is looking towards the middle of October. We have a NR mortgage hanging, while the house…
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Switching mortgages? Advice please.
Hi All I am in the process of switching mortgages (to get a better rate) and wonder if I can run this by the more experienced amongst you for your feedback/advice. I owe £48,660, have 8 years 8 months left on the mortgage, and am currently on my lenders SVR (7.84% if I remember correctly). I have been offered a tracker…
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moveable mortgage when buying new house in 6 months
Hi All. We have. £100k mortgage on £180k property. Our salaries are £38k and £32k. Our tracker is now finishing/finished and we would likt to take advantage of lower interest rates on the fixed terms or trackers rather than SVR. We intend to move to a new property in march (a realistic date) after we tart the house, sell…
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How strict are Advantage on lending criteria
I posted early for some advice on Advantage mortgages, as they seem to be the only way I can afford a mortgage. I have noticed on their lending criteria that they will only accept 2 late payments on your credit file, I have three, and before anyone bites my head off by saying its written there, has anyone had a success in…
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Completion date funds transfer failure
I live in scotland and had a completion date of last friday (14/9/07). the funds have not came throught. my sol said that the buyers sol hasnt sent throught their cheque for the sale and are therefore in breach of contract. there is no concrete date or time of when i am to receive the funds from the sale and am getting…
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Feeling really worried
I am really worrying at the moment and need some advice /reasurrance . We have our morgage with Intelligent finance and i have just gone onto a fixed rate for 2 years .I have just received the letter saying what the payments will be for the next 2 years and then what they will go to after that when we go onto variable rate…
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Mortgage arrangement fees
i think its time we all stood up for ourselves. i was renewing my mortgage the other day and the best deals came with 5 - 6K arrangement fees. i think its terrible that they can charge this as they make enough money in the first place, how can they get away with it?? the mortgage i moved from had no penalty and i paid…
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Fixed rate Mortgage Expires Soon... Advice wanted
I have a fixed rate mortgage expiring January 2009. Are there any damage limitation steps to prevent a very large increase in mortgage rates before the term expires? We are going to try and make extra payments into the mortgage to pay some off but we don't have huge amounts to do this. I am wondering if it is best in the…
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equity remortgage(a few questions)
hi, my mums a pretty independent old bird. (70 this year) she remortgaged her house thru one the halifax i think only a year or 2 ago & got, i think, £58000 from them. her house is worth about £200,000. she now has decided to downsize (which we tried to advise her to do when she took this mortgage out). my question is:…
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Mortgage Advisor
Hello, We are looking to move and require a reliable mortgage advisor - can anyone recommend anyone? many thanks
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Help! Stuck in a 40 year Mortgage with Halifax
Hi Martin In need of some urgent help!!!!!!! I have a mortgage with the Halifax which is called a retirement pension plan,and it is a 40 year mortgage. I am retired due to ill health after an accident at work and after suffering from a stroke nearly 18 months ago. The Halifax have not bothered about me for many years and…
