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Islamic Mortgages
Hi. I have a question about Islamic mortgages. I myself am a Muslim, and i wanted to have a mortgage which was consistent with my faith. As such, they are many bank nowadays which claim to offer these. Examples include HSBC Amanah, Lloyd's Islamic Finance, Islamic Bank, etc. Even Barclays are thinking of starting off…
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Urgent mortgage advice pls'?
Hi, This is our current mortgage details: Owe £147,000 (£20,000 of which is interest only) at 4.99%. The 2 year fixed rate of our martgage ends soon. The house was valued at £167,000 over 2 years ago (so should be worth more?). we currently pay about £750 / month. Money is very tight indeed and if we leave it, the new rate…
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100% Aip
anyone who doesn't credit score?? No adverse but low score.
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mortgage product advice needed
firstly can i say i've had a good look through the advice given here, but we're normal, we don't have arrears, bad credit history, temp jobs, self employed etc etc etc so can't find something. Please point me to the right thread if your not able to answer directly but i'd apprecaite some pointers. Basically i'm looking for…
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Adverse Credit Mortgages
Im looking to get a mortgage with my partner but i had some credit problems in the past. i earn basic wage of £17000 my partner earns £22000 my credit problems were paid off over two years ago, I had no ccj's but did have at least three defaults. wasnt good, but no probs since and have had a mobile phone contract for 6…
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Halifax Mortgage Exit Fee
I have recently completed a re-mortgage away from the Halifax to Woolwich. The halifax have charged me £150 exit fee. They are saying I cannot re-claim this. Does anyone know if this is true??
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Is your endowment linked to your mortgage?
I'm just wondering if poeple still have endowments in place to pay of the mortgage or if you have switched to re-payment and kept the policy as an investment.
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Mortgage calculation help
Hi all, I have a quick question for all of you. I had been with Northern Rock for the last two years and i'm changing my mortgage on 1st October this year to a different company. I have received my final statement from Northern Rock (with the final balance shown) and it is higher than what i borrowed. I was just wondering…
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mortgage tie in
I asked for and thought i was on a 1 year fixed rate with the woolwich for my mortgage with no tie ins. At the end of the 1 year i get a letter telling me i am now on a 2 year tracker which means my payments have gone up £150 pm. They told me that to get out of it would cost me approx £3000. Apparently part of the deal was…
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First time buyer, shared ownership - what mortgage?
Hi all. Myself and partner are first time buyers and will shortly be making a joint application for a mortage on our first home. The property will be on a shared ownership basis with us paying a mortgage on a 35% share, equal to £65000. Can anyone reccommend a mortgage that meets the following criteria and best suits our…
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Mortgage after living abroad?
Hi, we lived abroad for a few years (a company inter-office transfer) and have been back in the UK 18 months renting. We've just applied for a mortgage but had to fill in a special section detailing where we were because we haven't been resident in the UK for the whole of the last 3 years. Will this count against us? We…
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remortgage new sticky situation help needed
Our 2yr fixed rate mortgage runs out 31/12/07 the problem is when we took this mortgage out I was working since then I have had a baby and I am not at work. So we only have my husbands income to work off. Husbands income 21350 remortgage we need 121027 this is more than 5x his income We would need to show an income of…
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Add the fees etc on at the end?
Hello, Very sorry, I have ANOTHER query. Other half went to see another broker today, our first one had seemed less than efficient and has gone on hols for 2 wks leaving our application in the learch. This broker seemed better, and has found us a good deal with Abbey. Having gone through all the usual process of…
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First Time Buyers...
Hi, me and my partner are on the way (hopefully) to buying a house we love. We went to see an advisor at TCA who went through our history with us (not the best credit-wise) and they then went and searched the market for companies who would take us on. TCA have come back to us with GE Money. Does anyone know anything about…
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Buying Parents and Aunties House's
Hi I may be insane with this - Please hear me out and see what you think please. My current situation is this - I have a house my wife and I live in and a flat I rent out. Both are mortgaged. My parents have a house which they bought on the right to buy scheme a few years ago (15 ish) - I think they bought this for around…
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Payment holiday - Penalties???
Until i have chance to dig out my mortgage documents and check the small print for myself I was hoping for a bit of advice. I have an abbey flexible plus mortgage and am planning on a 6 months payment holoiday to be paid for from my "available funds" Does anyone know if there would be any penalty if I paid off the mortgage…
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Mortgage due for renewal - situation changed
My current mortgage deal expires in a few months and I will as expected be looking around for the best deal. However, I am now self employed and am thinking my choice of deals may be greatly reduced. I have a solid 3 years of earnings that I can prove. I would just like to know if any other SE people have had any headaches…
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Buying House and been advised to send Damp/Timber specialist out? any advice?
Hi, we have just seen a copy of our mortgage lenders valuation report of the property we want to buy. Under essential repairs/retention it states 'none'. Then under general comments it says ' The property is in acceptable condition for lending purposes. My valuation reflects the fact that there is wear and tear to some…
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mortgage advise please
hi, my boyfriend and i have tried to get a mortgage in the past but because i have adverse credit history we were turned down. yesterday my boyfriend decided to try for a mortgage on his own. but again got turned down. he has a good credit file, only one late payment on a credit card and one late payment on a loan. nothing…
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true cost over 5 years
is this important to consider when choosing a mortgage product?? obviously the lower the better but often there are catches from what i can see. ALSO we are torn between a low rate (6.24%) but a HLC of £3500 which can be added, or a higher rate (6.54%) with no HLC. Lower rate with HLC is significantly less per month! I…
