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Re-mortgage -should I make my monthly payment
My re-mortgage to another lender is due to go through on time on the 2nd October. The company doing the legal stuff has the completion statement and the figures are valid up to 5th October, including all payments made up to and including August. I am supposed to make my September monthly payment on the 24th September and I…
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Winterthur (Colonial Mutual) Endowment - cash in, sell or keep? Any help appreciated.
I am very near the end of my fixed rate mortgage (4.99)and as part of my rethink of my finances, I am looking at my options for the following endowment policy: Winterthur(originally Colonial Mutual) unit-linked with profit policy. Maturity date: July 2014 Monthly payment: £50.83 Paid to date: £8538.44 If continued to pay…
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Winterthur (Colonial Mutual) Endowment - cash in, sell or keep? Any help appreciated.
I am very near the end of my fixed rate mortgage (4.99)and as part of my rethink of my finances, I am looking at my options for the following endowment policy: Winterthur(originally Colonial Mutual) unit-linked with profit policy. Maturity date: July 2014 Monthly payment: £50.83 Paid to date: £8538.44 If continued to pay…
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any hope? two mortgages up for renewal...
Okay can anyone give me a glimmer of hope.... Me and hubby have to properties one is rented at £600 (costs us now £850 fixed rate just ended - on a buy to let with 20% equity) we left this property in Essex due to a move in jobs. We also have 35%+ equity in another property that we live in (1 bed) with a new baby and one…
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lease on buying a flat
I have made an offer on a 2 bed flat, but it only has a 67 year lease left on it, would this cause a problem when i come to sell in 5 years time
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Broker Fee Question
Hi, I was wondering if anyone can clear somthing up for me. I have been to an IFA who ensured me that they don't charge a fee and get their money from comission. No problem so far. When I got my mortgage offer through one of the sections reads "mortgage company name will pay broker name an amount of £1066.27 in cash and…
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Northern Rock Q&A from Martin
http://www.moneysavingexpert.com/banking/Northern-Rock-Crisis Here is a link to his views on the current situation. Hope this puts some of those worries to rest and answers your questions
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Remortgage advice needed
I'm coming to the end of a 2yr fixed rate mortgage, and am not sure what to do... Should I reduce my mortgage loan by £10,000 or put these savings into a high interest account / ISA. In terms of a new mortgage, has anyone heard of a shrinking mortgage and do you think they are worth while Any advise greatful
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Long shot: 100% shared ownership mortgages?
Hello all. Myself and partner are first time buyers and have decided upon buying into a shared ownership/part buy-part rent property. The property is valued at £150,000 and our 50% share is worth £75,000. I earn circa £27k whilst my partner earns £18k. We are having great difficulty in finding the right mortgage with most…
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Advise with remortgage please
We'd appreciate some help please, we're due to remortgage imminently, our Financial Advisor found us a deal we were happy with and we accepted. Everything is going through and all set but we are being told we need to cough up nearly £2000.. why? As far as we are aware the £595 set up was going to be added to mortgage and…
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Advice please
hi, i am soon to be debt free and am looking at getting a mortgage. i earn 30,000 a year and could comfortably afford £800 a month on a mortgage. credit file is ok - not brilliant ( a couple of late payments ). my question is how much would i be able to get a mortgage for? i have a deposit of 14,000. thanks.
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Re-mortgage to buy2let - help needed
Hello I have recently had an offer accepted on a 3 bedroom semi detached house in Birmingham. The house is near main bus routes into Birmingham City Centre, Solihull the Airport (although you can’t hear the plans and the house is not in the flight path), NEC and a number of hospitals. My mortgage is a 113k (first time…
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Can you reclaim mortgage redemption fees
I have just been going through my statements from various mortgage lenders and we have paid a hefty amount of early redemption mortgage fees over the last 5 years, does anyone know if we can claim all or part of these back? thanks:rolleyes:
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Cheltenham and Gloucster mortgage problem
Please could anyone help me. I am currently applying for a mortgage with C&G , it's a guarantor mortgage which my father is helping me with. They initially offered me a 100% mortgage, but due to the fact my father is self employed and only had proof of his current earnings for the last 7 months they revoked their offer. I…
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Problems with Freehold Flats
Hello, I’m thinking of purchasing a flat, but this particualr one is a freehold. (I would own 1/8th of the builing / land). Are there any problems with this type of arragement? Thanks. Jane.
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Nationwide mortgage advice
We’re thinking of selling our house soon and had a meeting with Nationwide to discuss new mortgage products. We have 3 years left of a 5 year fixed rate of 4.79% and currently have around £67,000 left to pay. Our house has been valued at £125,000 and we are looking at houses around £160-£170,000. Nationwide said we could…
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Mortgage With Lodger
Is it possible to get an increased mortgage to take into account the rental income of a lodger? If so how much extra am i likely to be able to get?
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Endowment policy
My OH has mortgage endowment policy that he has kept paying into although he has sold his property. He has paid it for 10 years and has another 15 to go. Would it be best for him to surrender this policy and put the money into a savings account, or will he benefit more long term if he keeps paying for another 15 years?
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Do brokers offer different rates to high st lenders
We have a morgage promise from the Halifax through our broker but as yet we have to fix a deal. We still don't know if we have the property. My question is: I went into the Halifax on Friday to pay some money in and just asked about their morgages. They told me that they can beat the deals offered by brokers - which I…
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Mortgage Advice
Hello all!! I will try to be brief!!! My partner and I are looking to move. Our mortgage is with Northern Rock. We are still tied in for 3 and a half years so will be looking to port our mortgage. We made an application to NR at the start of July. They said at the time they were willing to lend us what we though we needed…
