-
Should I pay off my mortgage
I have a base mortgage rate with nationwide. My outstanding mortgage is about £35000. An opportunity has arisen whereby i may be in a position to pay off my mortgage at the end of this year - should I?? If I have no mortgage, will I have a poor credit rating?? Any feedback would be much appreciated re positives/negatives…
-
Urgent mortgage advice please
Hi, I'm urgently seeking the advice of a mortgage broker please. I have been renting for over 10 years now and I have been given notice to quit on my house. The date to vacate is 30th November. I cannot afford to bu the house I rent. I have been doing the rounds of EA's to look at 2 bedroom flats and have come across a…
-
What will happen with offset mortgage if bank goes bust?
I read this article on BBC http://news.bbc.co.uk/1/hi/business/6972537.stm I wonder if Barclay went bust what will happen with offset mortgages? Say I have 200K mortgage and 150K in offset saving account (so I pay interest on 50K only). If Barclay went bust does it mean that I will still have 200K mortgage but my saving…
-
income multiples question
Hi, Background: we are wanting to buy within the next year, all things being equal. At the moment, we have a joint income of around £75K, with mine being a bit over half of that. The increment system and a staged pay increase agreement in my job means that, even without promotion, I'll hit £43K in a year. DH is currently…
-
mortgage rates
i am moving house & need a new mortgage, where can i get information of the best deal for myself , should i let an IFA deal with this or do i go looking myself, any advice would be appreciated as i am getting confused :confused:
-
Incompetant Lender
I have finally cleared my mortgage. Unfortunately the provider, Abbey, have made such a mess of the whole situation that I have finally sent them an invoice for my wasted time and costs. The simple matter has been dragging on since early May and you just would not believe the mistakes they have made. I have asked for…
-
self cert question
Hello I am planning on buying a house and I have been advised by a mortgage advisor that if I self cert then I may be able to get better interest rates as my deposit is only 10%. The term I am thinking of initially is fixed for 2 years. However I am concerned that if after 2 years my situation changes (i.e. have a child so…
-
Mortgages & Poor Credit History
Hello all, I'm hoping someone will be kind enough to help us... My girlfriend and I are desperately looking to move house to a better area. We are having lots of problems with awful neighbours and it is really starting to get us down. However, our current financial situation is not very straight-forward! The house we are…
-
Mortgages & Poor Credit History
Hello all, I'm hoping someone will be kind enough to help us... My girlfriend and I are desperately looking to move house to a better area. We are having lots of problems with awful neighbours and it is really starting to get us down. However, our current financial situation is not very straight-forward! The house we are…
-
ATTN - DunstonH
Hi Dunston, I have tried to PM you but it says that you have exceeded your limit so I can't send it to you until you clear some space. Could you please PM me when you have as I have a question to ask you. Thanks Alot PS MODS - This is the place Dunston seems to be in quite alot so could you please not delete this until he…
-
Bank statements for mortgage
Out of curiosity why do banks ask for copies of statements? surely they can access that sort of information the same way they seem to know everything else about us??
-
Small mortgage
Hi, we have a £20,000 balance on our alliance & Leicester mortgage which is flexible with an interest rate of 6.25 %. We have just under 7 years left to pay. Looking around at remortgaging but not really sure what to do. Ideally would like to pay it off as rates seem to be on the up. Any advice would be grateful. Thanks in…
-
so confused, please help sort my head out!
i have been posting on here for a few weeks now and just keep thinking of more things that i need to know, so i'm going to explain all my worries and hope someone can give me some difinitive answers. I am a newly qualified teacher, I started my new contract today. I will get my first salary installment at the end of the…
-
when to apply for mortgage and put offers in!
I have been told that i need 3 pay slips in order to get a mortgage. i will have 3 by the end of november, i start my job on monday as a teacher. when should we get a mortgage in principal and when can we start making offers on houses? thanks
-
Endowment claims - endowment taken out before law changed.
Hi everyone Please can anyone help!!! I am new to this site but I have already found it an amazing wealth of info. One thing I cannot find is how to make a claim on the miss selling of endowment policies if the endowment was taken out before the law changed in the late 1980's. We took our endowment out in early 1988 and…
-
Business opportunity - self cert?
Hi. I need a quick bit of advice please. A chap I know has asked me to come into a business venture with him. Its to buy a farm with outbuildings to develope. Im unclear as to how to raise the money for this project. Its £500,000 so he suggests we get a self cert morgage for £450,000 then register each barn as a seperate…
