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Mortgage Feasible?
Hi Are there any experts that can advise on whether this scenario is feasible? I am looking at the possibility of taking an Interest Only mortgage for £250k. The property is worth £290k My Permanent Salary is £42k. However, my partner has just started a new business (only been running for 3 months) a projected income would…
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Standard Life Endowment
Is there anyone else out there with a Standard Life Endowment Policy? if so how is it doing? I took mine out in 1993 and it matures in November 2010 and it's well under target.
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Halifax exit fee
I'm hoping to claim back the fee Halifax charged me when I transferred my mortgage - but I cannot find my mortgage account number do I need this to quote when I phone them. I know the dates but cannot find any paperwork from the Halifax Thanks:confused:
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Discharge of mortgage fee
Is a discharge of mortgage fee the same as an exit fee :confused: If so could i claim this back?? i paid 250 last month to northern rock Thanks
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With Profit Profits
An article in the Economist (27.10.07) talks about insurers sitting on £billions of policyholders funds that should be distributed to with-profit (endowment?) holders. Prudential and Norwich Union get a special mention. The companies are sitting on their hands hoping to distribute the £20,000,000,000 to their shareholders,…
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Any way out of a secured loan with mortgage
4 years ago I bought my council house and a couple of years later I borrowed some additional money which took the total cost to £70,000. Is there any way the loan can be separated from the mortgage or is it always going to be one sum? Can it be split if I moved to another mortgage provider? I am with the Halifax at the…
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I've remortgaged!!
Well my 3 year tracker deal with the Nationwide (NW) ends on Dec 31 so I have today agreed a new remortgage deal with NW. My mortgage is for £58k with 12 years remaining. I have spent the last few weeks looking at all the deal available at present, but to be perfectly honest I have been put off 95% of them because of the…
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Buy-to-let finance query
I have virtually no pension to look forward to but have equity in my house and a small amount of savings (under 30K). I am proposing to buy an apartment and my IFA who I have only just met advises me to borrow all the money on my house enabling me to purchase the apartment outright. I have researched this a little and he…
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Execution only endowment
I posted on another thread that my claim for a mis - sold policy was chucked out by the Ombudsman because my ex wife used to work for the Halifax and she got the policy on an Execution basis, so they say there was no advice given. Another poster has said that they also worked for the Halifax, had an execution only…
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Discrimination after complaint?
I applied for a mortgage with Halifax, which was offered but we later turned it down as we changed our minds about buying. We have now found they have messed up our credit files and have sent a complaint. We did not get a satisfactory response and are thinking about taking taking it further. If we decide to apply for…
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How much will I get after 25 years?
Hi, I have 2 Legal & General Endowments that will be maturing in 2010/11 (2-3 years time). I paid off my mortgage 15 years ago but keep up the 2 polices as a savings plan. * First policy I pay £30.50 per month for 25 years (maturing 2010) * Second policy I pay £8.50 per month for 25 years (maturing 2011) What do you think…
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BTL mortgage required. No Proof of Income
Hi, I need a BTL mortgage for a £435,000 property purchase. I have 15% deposit and the funds for the additional costs. I have a PPR mortgage (3 years), which has always been paid. I have a clean credit history. I have NO PROOF of income as it is derived from different sources and varies. Can anyone help?
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Relocating and getting a mortgage?
Not sure where to post this - hope its in the right spot. Hubby is waiting to hear back on medicals and references on a new job which would mean us relocating. I'm happy cos its going to be nearer my family and he can move up there first and stay with them during the week, while we sell our house and find a new one. Q1 -…
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Overpayments section in KFI
In the Key Facts Illustration (KFI) I've got for a mortgage, there's a section headed 'What happens if you want to make overpyaments?'. It says, 'You can make overpayments below £1,000. For amounts above this, early repayment charges may apply (see section 10 above). Any overpayment made will cause the amount upon which…
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Nationwide Fixed expires
Our 2 year fixed at 4.79% expires at the end of this month with the Nationwide. We have looked into their offers and the best we think is the fixed 5 year rate of 5.63% with no fee (£499 would have had to be paid if were were not already customers). We also looked at the 2 year at 6.48% but don't want to be paying £36 more…
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Re-Mortgage with bad credit?
Hi all, I would really appreciate anyone's advice on this matter. Myself and my OH are looking to buy a property in the near future, however i have a poor credit history due to several late payments on CC's and car loan. My total unsecured debt is approx £17000 with an annual income of £20000. My OH has very good history…
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Help!! Hassle from GE Money
Hello all, Im new to writing in the forum, but always read the threads, so now im asking for a bit of advice, bear with me if i ramble on!! :rolleyes: Basically we decided to remortgage, and pay of a loan to the dreaded G E Money. We got settlement figures for our old mortgage and the loan. All was paid off, and even had…
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mortgage to the underwriters
Hi, Just need a bit of advice, offer excepted on a house and visit with halifax mortgage advisor and mortgage given, house survey carried out and rang them today they have said it was completed but it now has to goto the underwriters, is this normal and is the mortgage application that is going to the underwriters and is…
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Interest Only Remortgage
Hi Guys A quick question. I am thinking of remortgaging with Natwest. Would it be possible to go interest only for say 6 months? thanks in advanced Kind Regards Dunnc64
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how do I write the letter to mortgage company?
Hi, I lost my job the beginning of October and have buried my head a bit about contacting my mortgage company, Im sat here now having put my address, their address and thats it!!! I have been in tears with having to request a reduction and or interest froze on my account for about six months, as I am now having to claim…
