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Mortgage changes. Does this sound okay?
Hi, We are about to stick in a offer for a new house. We have sold ours for £171k. I currently owe £65341.38 over 20 years at a fixed rate of 5.17 until Mar 12. I overpay £92 a month. I need to lend another £19k for a new house. I have been looking at a new fee free mortgage with HSBC which work out £144 over 10 years at…
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Removing CCJs to get first mortgage
Hi, I'm self employed, live with parents and have a few CCJs against me, they will be automatically removed in the next 2-5 years. What can I do to get rid of them, as I would likew to buy my first property within a 2 years to rent out for the long run. All advice appreciated. Rabbie
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overpayment question
Hi guys, When making overpayment, does it normally just reduce monthly payment amount, or you can request to reduce the term ? Coz mine is 2 yr tracker, worried they wouldn't allow me to reduce the term ! Can't find any detail with their information pack.. Any advice welcome! Thanks
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Mortage through estate agents or building society?
Hello Me and my boyfriend are currently in the process of buying our first house. We had a meeting with Nationwide last week and they went through what they could offer us and prices etc etc which all seemed good to me. We've found a house and now the estate agents want us to see thier financial advisor, do you think they…
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Re-mortgage, house insurance & Scarborough BS. Help please...
Hello I hope someone out there can give me advice for a friend. Her husband left her, and 4 children, 4 years ago, and disappeared to the other end of the world, leaving her with quite big debts. They divorced, she got the house in her name, and took on a new mortgage, and kept her head just above water. She can now look…
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change mortgage advice
I currently have two mortgages both end in four years time. One is a repayment mortgage with £8,000 outstanding and the other is an endowment mortgage with the £26,500 total amount due to be paid off by our payment to the endowment part at the end of the four years. I am looking for any advice on whether I could remortgage…
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Fireman Dave
Does anybody know what the mortgage interest rates are likely to be doing over the next three years? I will be changing my mortgage in November and have been offered a 6.18% with my current lender fixed for two years and I have also been offered a 5.99% with the bank of Ireland fixed for three with no fees. Any advice out…
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who for buy to let
whats my options now for buy to let, on a self cert basis
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Mortgage Arrears Fees Rip-off
I have a buy-to-let mortgage originally bought to help pay for my mother's care home costs, unfortunatley due to falling rental rates the rent does not quite cover the mortgage and have been locked in by early remdemption payments so have not been able to sell either. After a family bereavement I had to use last savings to…
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Mortgage Company have dropped their rate. What can I do?
Hi there, Just a quick question really. We have had a mortgage offer at 6.14 fixed for 5 years. We've done the survey etc. all documents are now with our solicitor. However, I've noticed the the mortgage company have dropped their rate to 5.88 for 5 years now. Can I get my mortgage rate dropped to this level? Will my…
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FTB with Contractor Job - Advice Please
Hello, I'm a first time buyer, 27 years old, enjoyed house sharing all around the country for most of my working life, but now feel it's time to have a more permanent base. I have just secured a 6 month contract in Sheffield and would quite like to live in the area as the peak district is close by for weekend activities…
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Where do I start - Boundary Responsibilties
With the bad winds this year two fence panels fell down, neither us nor our neighbour knew whose fence it was and neither of us had their deeds. I called the previous owners and they advised that we owned the left hand side (the side that had blown down) and at the same time mentioned that there had been previous problems…
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Northen Rock cashback Mortgage Rates Really High Yikes!!!!!
Hi I have got a cashback mortgage with the dreaded Northern Rock. Rate is 7.8% and we are paying £1727 a month yikes! :eek: Do you think I would get anywhere if I ask for a mortgage review?
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FTB - Does age matter
Hello all. I have been lurking on the Debt free wanabee board for the past 18months and with everyone's help my partner and I are almost debt free. I still have a deffered student loan outstanding for approx £6000 that I will have to start paying this April anyway, but I should have cleared that by April. So in our new…
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Bridging Loan?
Hi Just wondered if anyone can help?? We have fallen in love with a house on the market for £400k. There has been another "good offer" made by someone who is not in a chain. However, due to family probs the vendor hasn't accepted their offer yet. We own our home outright £265k but as my husband is the only one working at…
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Forced to pay overpayment fee when payment requested
Hi all Recently separated from my wife, and have just bought her out of her share in our property and therefore had the deeds and mortgage transferred into my name. Nationwide requested that (despite me saying I can afford it, which I know has no bearing), they wanted me to pay off £4,000 of the mortgage in order for it to…
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birmingham midshires
hi, i have just applied for a mortgage with Birmingham Midshires for our first house. Is this company any good so far they seem ok paperwork sent out when it should be etc, but I have just read some reviews online that say that they are not very good, i am worried now!! please help x
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advice on legal issue to do with mortgage
hi, i remortgaged my house 1 1/2 years ago with different lender. i used their lawyers for conveyancing and they were rubbish took ages to complete everything. so i was surprised to get letter from same solicitor this week saying that they didn't have a Standard Security for my mortgage and would i kindly sign and return…
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Starting of in property development - funding options
Dear forum, Sorry about the potentially specific nature of this question but hopefully my situation is simlar to that of others and may help more than just me. I am looking to get started in property development in the new year and want to understand my options a little bit in detail before talking over the specifics with…
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Overpayment On Fixed Rate Mortgage
I'm making a mortgage overpayment on my 5 year fixed rate. One year into the 5, mortgage over 17 years, the interest is calculated on a daily basis. I was surprised to see only a small reduction in my repayment mortgage total amount owed, have been paying £140+ extra a month for 6 months. Is making overpayments on a fixed…
