-
Ever checked a banks past Interest calcs-over years?
Hello I have always had mind to do this, and having recently sold a property and 'redeemed' the mortgage, now I will do it: do a retrospective check on all the interest payments done over time. have they got it right?!! I have all the past docs and statements. Anyone have any ideas on doing this big job easily and…
-
Help needed with Remortgage
Hi, My current mortage deal ends this month so need to change, currently with YBS and want to stay with them. So I need to choose a new deal. I have narrowed it down to 3 options 1) Fixed for 2 years @ 6.39%. Monthly Prem of £965 2) Stepped Fixed for 2 years @ 5.99% then 6.79%. Monthly Prem of £905, £1025 3) Offset fixed…
-
Offset Dilemma AGAIN Sorry...
Posted this a few times so sorry to bore anyone but here goes... I want to offset 36k savings against my 36k mortgage, make no repayments and just leave it there for 10 yrs (term left to pay on normal mortgage) as a safety net. At any point I feel comfortable, I will pay off the mortgage in full and close it. However my…
-
Loan for a deposit on house?
Hi everyone, I know this is going to be controversial but basically my question is: Should I take out a small loan so I can get a 5% deposit on a house? Me and my partner are looking to buy a house around Feb next year. We have no debt but also no significant savings (we actually did have enough for a deposit at one point…
-
missold mortgage not endowment
I was sold a mortgae that at the time the advisor from cheshire building society said was best for me However I retire next month on just a basic pension and still have 3 years to go on the mortgage and will not be able to meet the payments. Will I have to lose my house ? and should I have been helped more at the outset ?…
-
Fixed rates
Hi can anyone help... Who is doing the best 5 Year fixed rate at the moment? There are so many companies its doing my head in looking. The best I have found is Principality 5.38%
-
Offset Mortgage extra payments oddity
I've found a strange thing happening with my Barclays/Woolwich offset mortgage and wondered if anyone else had come across the same thing. I re-mortgaged (say for 100k) to free up some money for something which didn't happen, the released money (say 50k) has remained in the offset account and therefore reduced the monthly…
-
paying mortgage payments with Credit card
Hia, After seeing this spread all over the news this morning I'm interested to know if I can do this for the cashback, I pay £600 a month for my mortgage will all lenders (specifically the A&L as I'm with them) allow payments in this way. Just wondering if it's worth getting another cashback card that pays a decent rate…
-
Can't remortgage due to credit score
Was looking for advise if anyone can help... will try and keep story brief. Bought flat 2 years ago with 5 year fixed rate. This time last year I bit the bullet to sort out my debt (left over from being a student) and went to CCCS for help and now they are managing my debt with me making (without fail) monthly repayments.…
-
Do I wait for interest rates?
My mortgage comes to an end at the end of November. I am getting a fixed rate. Do I get it now or risk the Bank of England reducing rates? :confused: The danger is of course they move it up ! Any advice?:beer:
-
remortgage
We need to remorgage and borrow some money to pay off credit cards how do mortgage companies react to this would it be better to say we want to borrow it for home improvements this will be the second time we have remortgaged and ask for it for home improvments last time which is what we used it for we have around 50k…
-
Mortgage Ending - Advice Please
My Mother is pleased to find that her mortgage ends in a matter of weeks. It seems she needs a solicitor for some reason which I can't fathom (Scottish law). Also I hear that there will be some final charge from her bank (The Woolwich), not sure how much. I've seen a suggestion that people shouldn't pay them off completely…
-
Mortgage Broker?
We have an offer accepted on a property and are using a broker who was recommended by a realitive and was apparently 'really good' - so I left OH to deal with that side of things. However, they don't seem to be very efficient, and I'm not too happy with their service.... They have processed our mortgage application but it…
-
Friends Provident Endowment. To cash in or not?
This is my first post so here goes. I have a with profits policy with Friends Prov which is due to mature in Jan 2014. My fixed term period on my mortgage with YBS has just finished and I'm seriously considering cashing the endowment in to pay off a big chunk of the mortgage before entering into any other deals.Best fixed…
-
miss sold endowment who do we complain to ?
:huh::hello:Please be patience with us this is our first post .Who do we send our mis sold endowment complaint letter to? Is it our endowment company ?I am sure we are being a bit thick about this can anybody help please?
-
Mortgage transfer
We are in the process of moving and are seeking a new mortgage. Our advisor has mentioned that we may be able to move from IF, our current provider, to Halifax as they have given us an offer in principle. He did also mention that as we are current customers of the hbos group and have a good credit rating, halifax may not…
-
What to do now....
I have a £79k mortgage on a property worth £330k with 17yrs 9 months. I have just come to the end of my tracker 2 yr contract with Nationwide. I have a headache...what to do now. There is a no arrangement fee 5 yr fixed mortgage with NW at 5.98%. This would essentially be the same as I am paying now, £600 / month. However,…
-
What Fee's For Remortgaging Do I Pay?
I've had a few calls from Natwest who I'm currently with on an offset mortgage and they've said they can reduce my monthly repayments. They've gone through the 2yr, 5yr and 10yr fixed rates and monthly repayments, which are less and said they pay solicitors fees. However, they have said that I will have to pay an…
-
Insurance required by mortgage lender
Hello everyone, We have been advised by our IFA that we need to have life insurance / critical illness cover to complete our application with RBS. Our mortgage has been accepted, but we really don't know what insurance we must have, and whats optional. We think (from a bit if research) that we only need home buildings and…
-
I'm stuck: need to remotgage, bad credit
Hi, Hoping anyone can help me out. I've been mortgaging a property with someone else, and it's come to the stage that they want to release the equity and I've got to buy them out. Problem 1 I can't afford the increased mortgage repayments, as well as my current debt (£30k in unsecured - loans, cards, car), and the only way…
