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Buy to Let my property refused by mortgage lender - so what is my next move????
Hi all, i have been living with my girlfriend at her place for several months. I have kept my apartment and have had most of it done up (new kitchen, bathroom etc) in the hope of renting it out. I spoke to Northern Rock who is my mortgage provider and explained the situation, they said i had to fill in a form which they…
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Reclaiming home owner loan administration fees
Hi, does anyone know how to or have any experience in claiming back home owner loan administration fees? I am first time buyer with a hefty home owner loan. Halifax charged me a whooping £299.00 administration fee which I could not pay for at the beginning of the loan and hence it has been added to the full loan term of 25…
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How do i Get my money back ??
Hi, I just wondered if anyone knew how i can get my money back, i paid for a valuation to be down on a new build property over five weeks ago now, but a few days after i paid for this on my debit card i got a phone call to say the mortgage deal i went for had been withdrawn and they could no longer help me, so they said as…
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Can they do this?
I took a Mortgage out with GMAC back in August this year. Near the end of September they sent me a letter stating my mortgage has been transferred to another lender Topaz Financial PLC. Prior to receiving this information GMAC had agreed to a second charge on my property for home improvements, this was sent to the broker…
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Offset Mortgage Effect on Credit Rating
I'm taking out an offset mortgage and the lender has offered me 90% of my house value when I only need about 40%. I'm inclined to take the extra money and leave it in an offset savings account just in case it becomes more difficult to draw it down at some time in the future. My question is, if I do that what will it do to…
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Commercial Mortgage
I have a question about a commercial re-mortgage - a shop/office with two flats upstairs - is this relevant to this site?
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Shared Ownership Property - should we buy the remainder?
Hi guys, First post, so hi! I'm after some advice as to what to do next regarding our shared ownership property and whether we should bite the bullet and buy the remainder of the property. We are first time property owners and in june '06 we decided to take the plunge and buy. Due to our level of debt (and the area we live…
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how long do banks have to keep paperwork
:money: We had a morgage with TSB IN 1990 and left in 2000. TSB are now C&G and we are trying to claim our MEAF from them. Unfortunately we do not have any paperwork so unable to give them our morgage number. C&G state that they do not have any records and cannot help us without the number. How long do banks have to keep…
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FTB Mortgage
Please see http://forums.moneysavingexpert.com/showthread.html?t=584664 for background! =========================== I've had some quotes from a mortgage broker person: How do these sound? Purchase £120,000 (If I get for this much!)) Mortgage £114,000 (95%) Option 1: -Fixed 6.79% until 30/11/2009 -Arrangement fee £499* can…
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Need To Pay Partner Off. Advice Pls!!!
I am a single parent recently split with partner. Our house is currently worth £100,000, which we bought for £89,000. As I only work part-time I only own 30% and my partner isn't my sons father, so basically I need to pay him off to be able to keep the house. I don't want to sell as then I will drop off the property…
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Advice re: what we need to ask for??
We want to sell our house and self -build (which we have done in our current house) we have about £200k equity in our house. We need to free this equity to allow us to buy land. What kind of mortgage/loan would be available to us where we could buy the land before the sale on our house is complete? Once the house is sold…
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Advice please..Woolwich/Barclays mortgage application
Hi Folks I am after a huge favour please. I applied for our mortgage with Woolwich/Barclays at the very beginning of September. Since then it has been a long stream of problems. Mainly we are only told that they need additional information when they are chased... It is now November and we have not had a mortage offer - the…
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BTL Remortgage - not an easy one!
I have four properties - all let out - the deal I have with Clydesdale is finishing in January. I am looking for the best all round deal. Value combined of the properties is £1,075,000 - outstanding mortgage is £500,000 - rental income is £3,400 pcm. I am looking for a deal that combines the following - fixed rate, some…
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Setting up overpayments on Halifax mortgage
Does anyone here overpay on a Halifax mortgage and could tell me how this is done? Mine completed yesterday but I dont have all the paperwork through and it isnt showing as 'live' on the Halifax system as yet. On the Halifax online banking I can see the roll number, sort code and account number so it is just a case of…
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Buy to let or not
Hi Folks, A couple of situation have colided so I'm seeking your advice. Firstly, our current mortgage has come to the end of it's discount period. Secondly, we'll shortly be moving abroad & will be letting out our house. I plan to remortgage, but would this be regarded as a buy-to-let mortgage or a 'standard' one ? If I…
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Financial/mortgage Advisor
Hi All, Can anyone recommend a financial/mortgage advisor in the Portsmouth area? Preferably one of the ones that Martin recommends that does not charge and is whole of market. I don't think this is anywhere else on the site (if it is please move me) and maybe others could add to this thread that advisors they recommend in…
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Advice needed on Mortgage set up fee
Hi, I was hoping for some advice please if poss. My husband and I had a 2 year fixed rate mortgage with RBS and it came to an end in April. I contacted RBS to arrange another 2 year fixed rate mortgage with them starting from the day the old mortgage finished. When I took the new deal in April, they charged me £500 for a…
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Cashing Endowment:put towards mortgage or use for home improvements?
I have a £27,000 mortgage interest only with the Halifax with 4 years left remaining. I'm on a SVR of 7.49% I am also thinking of adding another £10,000 for home improvements. Should I cash in my endowments which,at today's surrender value would give me £14,000 and put it into the mortgage? Or,remortgage and use the…
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Deal with no lockin
Hi, my wifes colluige recons they have just got a fixed ( I think) mortage with nationwide that have no early redemption charges. It's aparently with nationwide but cannot find anything on there site, and she hasnt been able to tell the wife anything about it.. are they talking out of there !!!? If not can any one point me…
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Advice please I don't have a clue!!!!
I have an Interest only mortgage with Woolwich/Barclays (was repayment but to clear debts changed last year) and have had since Dec 1998. I want to get a better deal and go back to repayment. I would also like to include my partner on the house. So that if anything ever happened to me my son and him have somewhere to live.…
