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Remortgage HELP, what should I do ?
Hi all I took out a 2 year fixed deal with A&L which comes to an end in November. At present I owe £103000 and have 20 years left, I can't overpay on my current product so thought about changing to a flexible mortgage so I can throw any extra cash at it I have each month. I currently pay £637 a month @ 4.24% and have been…
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Scottish Widows Endowment Advice please
I have a scot widows endowment: Matures 2014 Pay £50pm Payments left £4200 Sum assured £10190 Bonus to date £1895 Surrender value as of today £8810 Projections for growth [EMAIL="£16300@4%"]£16300@4%[/EMAIL] and [EMAIL="£21000@8%"]£21000@8%[/EMAIL] Interest only mortgage is £82000 @4.64% until 2009 and I have £34000 in…
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Mortgage secrets
Agora Publishers are known for publishing lots of interesting books, mainly biz ops and such. I bought a superb book from them a few years back for £16. Now there is another book called Millionaire Mortgage Secrets 2007. Damn expensive and there is no way I am buying it (even if it is apparently £200 off the normal price).…
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Are my broker and lender taking the p*ss?
Hi, We decided to buy our first home this summer, we are borrowing at 90% LTV. We saw a broker who found us a deal with advantage (due to some past issues we are not quite prime). The mortgage repayments are pretty much the same as our rental payments so we aren't over stretching ourselves too much. We got an AIP, the…
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Advantage flexishare mortgage
Has anyone had experience of dealing with this type of mortgage, I am currently in the throws of seperating from my husband, the house will be sold and I will have about £13K, I earn £23K a year average house prices around here are about £130k for a small 2 bed house, I can afford about £700 per month, after researching…
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EGG mortgage; late direct-debit payment.
I use a direct debit for my EGG mortgage - deductions are made on the 30th of each month. Recently two cheques which I had deposited into my bank account were only cleared on the 31st. I contacted EGG on the 31st, to ask them to now reclaim the money. "Not possible, and any new direct debit date would take several days to…
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Payment break for maternity leave - NR
Hi All, My husband and I have a mortgage with Northern Rock and I've just found out I'm pregnant. I read on here somewhere that Northern Rock can/may offer 6 months payment breaks for maternity leave. I've had a look on their website but can't find any info on this. I've tried calling but can't sit in a 20minuts queue. Can…
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mortgage admin & product fees
Hi everyone this is my 1st time in the forum so please bear with me if I ramble on..... I had a 2year discounted variable rate mortgage with A& L, with the 2 years expiring in Jan 07. I chose to stay with A&L and take another 2year discounted variable rate mortgage. They charged me 250 switcher admin fee and 499 product…
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Urgent help needed, AIP pulled!
Hi guys, Just as i thought we were all set to purchase our dream house, which took three months to find, i hasten to add. My broker contacted us this morning and stated that when he looked on his system they he could not find the package from Abbey we had received a principal offer for. Infact now he couldnt not find any…
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I Was Robbed By Building society
Hello, I need some advice, I have recently changed my mortgage to A&L from Chelsea. I had to pay £1400 to complete the transfer, this was done on the 29th of August, this completed any outstanding debt. The conveyancers informed us everything was now complete, A few days later on the 3rd of September after checking my…
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Northern Rock going bust question
If they go bust would some/all of my mortgage be written off?
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Nationwide mortgage - existing customers get worse deal than new customers.
Hi all Nationwide are offering better mortgage deals to new customers than to existing loyal customers. They used to run an advertising campaign making a big deal of how they always gave existing customers the same deal as new customers, instead of making them subsidise new business. I am an existing customer and I went to…
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Buy to let - how does it all work?
I'm at a bit of a cross roads in my life and one of my possible options is to stay in the house I'm in now and be mortgage free in the next 2 - 3 years. I'm then thinking about the possibility of buying a property with a view to letting it out. Howwever, I think it is likely I would need a large chunk of capital before…
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Mortgage calculation please.
I'm no good with these type of figures. :o I would like to know what the monthly repayments figures for these two amounts would be. £25000 at 5.69% interest only. Monthly payment would be.......:question: £20000 at 5.69% interest only . Monthly payment would be......:question: Thanks in advance. :)
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Remortgage to pay off a debt - Advice please.
Hi, first post so apologies if I get anything a bit wrong. Myself and partner own our home with an endowment mortgage. The mortgage is for £42k, with 18 years remaining House prices have soared here and our home would now be worth somewhere between £110-£120k. Partner has a credit card and loan which total £18k. The…
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Mortgage / Bank problem..
Hi Everyone, Hoping somebody can help me! Basically when my mortgage started (Dec 05) they added a 399 fee to the mortgage. So i immediately sent a cheque for 399. I got my statement at the end of 2006 and saw the money hadn't been credited. So i phoned the mortgage company who asked for a copy of the cheque. I've been…
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Five News looking for Northern Rock customer
Five News would like to talk to a Northern Rock customer. You can either have savings with them or have a mortgage with Northern Rock. We’re very keen to hear your reaction to the financial concerns regarding Northern Rock and also your concerns over how this will affect you. We’re looking for someone who is based around…
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Shared Ownership Mortgages - Advice
Bare with me as this maybe a long post, but I am after some advice regarding my Shared Ownership mortgage I hold with Abbey. We borrowed £87,500 for a 47% share in our house we bought 2 and half years ago. The local council own the other 53%. We had a deposit of £30,000 to put down. Our repayments were £490 a month for a 2…
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Mortgage advice please . . .
My current deal ends 31st Dec. At present we have a £117K mortgage over 28 years, that will have reduced to approx £115K by then. We have also taken out a secured loan of £15K which we want to add on to the mortgage come December making the total we want to borrow £130K. I am 31 earning £22.5K, husband 27 earning £19K. My…
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Mortgages-Confused!
Hi, I was looking for some advice (Or maybe a lot, i'm totally clueless!) Me and my Partner are currently renting and our Landlord has decided to move back in so we need to leave by 2nd December. We have decided that it's better to get a mortgage than continue to rent but we are both clueless about it. We have a couple of…
