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Mortgage for a New Build
Hi, I would be grateful if somebody could give me some advice regarding buying new builds. I have been to a new buld development and am interested in purchasing an apartment, the only problem is the apartments will not be built until July or August. The developer is offering pay £99 move in deposit scheme for first time…
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Tracker Mortgages - any good?
I'm nearly at the end of a good fixed-rate mortgage with Nationwide. An independent mortgage advisor has recommended a tracker mortgage until interest rates are lower and then a good fixed rate. She has suggested Cheltenham and Gloucester for the tracker as it costs nothing to leave although there is a small start-up fee…
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mortgage holidays - please advise on pros and cons
Most of my finances - personal loan, current, savings, isa account are with Smile- the Internet Bank and my mortgage was transferred from the Abbey in 2003 to Smile's sister bank The Co-Op at a very good ten year fixed rate of 4.75%. I am leaving salaried employment and moving to self employment and to ease the passage am…
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Title Deeds and Mortgage
My partner and I are purchasing a house together. I have put half of the deposit money down, plus half of the stamp duty, solicitors fee's etc. So far, the deeds of the property have only been put in my partners name, as her name is the only one on the mortgage, as I do not have an income, and won't do for at least another…
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Buy-to-let mortgage: now living in our house = penalty & re-mortgage?
We're 1st time buyers with a 2-year tracker BTL mortgage of approx 100K which runs out in November 08. When we bought the house 14 months ago we were living abroad and so rented the house out. We've now moved back to the UK and are living in the house. When I rang the lender to tell them we'd moved in, they told me that we…
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Buy-to-let mortgage: penalty for now living in our house?
Oops, this is a duplicate-post - please go to this post http://forums.moneysavingexpert.com/showthread.html?t=694305 instead.
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Remortgage or not? Please help.
Hi Guys, I wonder if anyone of you can give me a bit of advice. We have a semi-detached 1936 house and roof is needing done badly. Water coming in the ceiling and insurance I think will not help. Anyway, the only answer I think is really re-roofing.. The question is..should I remortgage or should I take a loan? If…
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Mortgage arrangement fees
I am trying to remortgage on a buy to let. I have noticed that the fees for set up on these have increased dramatically over the last 12 months. I understand about the credit crunch, but isn't this just a way of stopping people being able to move mortgage suppliers to boost their margins, instead of charging leaving fees…
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Raising £10,000 - Add to Mortgage or not?
Good afternoon all, First time poster, long time lurker! I currently hold a mortgage with Mortgages PLC for £85,000 on a property which at the time (8 months ago) valued at £110,000. The house was bought in a liveable condition, but it had a part built extension on the side, with the help of my dad (builder by trade),…
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Mortgage on Freehold Flat
I have a mortgage on a freehold flat and I am paying way over base for the priviledge. Does anyone know of a solution to this? Alex
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Nat West Offer !!??
Hi, looking for some basic reassurance here. My Nat West mortgage has 14 years to run and £52000 outstanding. Fore the past ten years they have twice offered me a straight forward discount for no cost. (btw 1.7 + 1.5%). This has now expired and they have offered me a new deal but with Fees attached. 1. Quick rant , I did…
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Mortgage in Principle post credit crunch with Nationwide
Anyone had any recent experience getting a Morgage in principle with Nationwide? I've been reffered to underwriters, was wondering if anyone else has had the same problem?
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bristol and west - anyone used them before
looking at a mortgage quote with bristol and west. has anyone had any dealings with them before? i havent heard of them and just wanted some info. thanks
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Purchase Price / Property Value ?
Newbie to Mortgages. Please be kind :j When looking at applying for a mortgage online it asks for the Purchase Price / Property Value. With living in Scotland its offers over so does this mean what I buy the property for ? The Offers over price ? or the true value from a survey ? Please Help and thanks in advance to any…
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discount tracker - any with low fees?
hi, my fixed rate ends next month and im thinking of a discount tracker mortgage, i owe £57,000 over 17 years. are there any good deals with low fees, and no exit fee? (or very low) i was thinking of going onto a tracker with low fees, then if the interest rate drops and i see a good fixed rate deal i would switch to that?…
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Dream house..any chance of a mortgage?
Hi I feel a bit cheeky asking this but hopefully my question will help others. * Do you reckon I’ll get the mortgage I’m afterOR * If we fall short of getting this mortgage where is it best for me to put the effort in, bigger deposit (family could help out at a push) higher income (A bit of supply teaching, God forbid!) We…
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Credit Report In - late payments
hi - just about to apply for a mortgage. my credit report shows that i have a good score of 445 there are a few old credit agreements shown that are showing late payments by one month. however these are back in 2001. will this be taken into account when applying for a mortgage do you think? thanks
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mortgage holidays - pros and cons
Most of my finances - personal loan, current, savings, isa account are with Smile- the Internet Bank and my mortgage was transferred from the Abbey in 2003 to Smile's sister bank The Co-Op at a very good ten year fixed rate of 4.75%. I am leaving salaried employment and moving to self employment and to ease the passage am…
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Mortgage Advisors Rate Higher Than Going Direct
Hi all, Im in the process of sorting out a 2, 3 or 5 year fixed rate repayment mortage for the open market home buy scheme. I had a mortgage advisor visit me who was recomended from the scheme. She told me there are 15 lenders that participate in the open market home buy scheme and what ive now found out she meant by this…
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Endowments / Policy Loan
I've got two endowments which I no longer need directly for mortgage purposes, both due to mature in 2014. One I'm paying £80 per month for, but I took a loan out on it a few years back. The capital outstanding is now £5500, and it's at 10% interest, so currently £550 per year. The other policy is v small, I'm paying £48…
