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Buy to let mortgage
I'm relocating soon and want to rent my house out until I view the move as permanent. My mortgage company want to add 0.3% to my mortgage rate becuase it is now viewed as buy to let. They are reluctant to give me a reason for this. This is the only house I am buying, their investment remains the same. What do I get for…
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Welcome Finance - Advice Please
Hi, I have been a regular lurker for some time and hope someone can offer some advice. Ro make it short in May 06 we took out another secured loan with Welcome (paid previous loand off) and when CA came crossed off section for PPI, we then get a phone call stating we would basically become unapproved without it. I…
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Agreed, but for how long
Hi Due to seperation, I am curenty looking to buy my partners share of our house. We have 5 months to run on our current mortgage. My current lenders will not lend me the full amount on my own salary, and am looking to run this mortgage for the remaining 5 months and then swap the lender. I am worried that in 6 months time…
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FIXED RATE DUE IN APRIL - ? new deal
My Fixed rate is due up in April 08. Should I look for a new deal yet? My Current deal is with Nationwide at 4.84%. Any help would be great.
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Have poor credit but is improving - fixed rate ending
Hi guys looking for your expertise. Wasnt a very clever girl when I was younger and got myself in quite a bad situation. have now repaid over 50% of my debt (Im working on the rest!) And have not missed a payment for over 2 years. however I do have 2 defaults on my credit rating (now paid in full, over 2 years ago). For…
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Overpayment v Investment
Hi I have an interest only mortgage of £250,000 fixed for two years at 5.49% due to run a further 8.5 years until 2016. I have just cashed in some ISA’s as I didn’t feel too confident about the stock market this year. I therefore have circa £23,000 to invest or use to fund overpayments to the mortgage or invest elsewhere.…
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house deeds
mortgage paid off where do i keep my deeds, cheapest place to store them thanks mark
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cheshire building society-will there rates drop?
hi, my mortgage is with the cheshire, and my current fixed rate ends next month.(i owe £57,000) ive been following there rates for the last few months and they havent dropped at all. are they due for a product review? as they are offering me a 3 or 5 year fix at 5.99% with no fees - loyalty. i was looking to switch to…
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Please advise: bigger deposit or offset?
Hi everyone, Have been lurking for awhile and now my OH and I decide to buy a house of £180K. We have (thanks to our hard-working and belt-tightening over the last few years:beer: ) a decent sum of £50k to play with, plus a separate fund to cover start-up costs (survey, legal fee, tax, etc.) However, we are quite confused…
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mortage debt helpppppppppp!
Hi everybody Firstly I am only 20 nearly 21 and I don't have a clue about mortgages except I want one! I currently pay-with my partner £550 per month. We would like to get a mortgage of around £120,000 I am currently on £35,000 as a director of a building company and my boyfriend is on £15,000-we have one child aged 1.…
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Who Has The Best 3 Or 5 Year Fixed Rates ?
hi everyone, just a quick question please. my mortgage deal with the cheshire runs out next month. just rang them and they are offering 5.99% loyalty product - no fee fixed rate for 3 or 5 years. i owe £57,000 and want it over 17 years. does anyone know any other good fixed rates please? preferably with little or no fees.…
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Land purchase
Can anyone offer advice on purchase of small piece of land. Would we check mortgage rates against loan rates? Is it advisable to have a solicitor for searches etc. Thank you.
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FTB who knos nothing!
Apologies in advance as I am new to all of this and am trying my hardest to learn! This may sound like a silly question/scenario, but I really do know nothing at all! O/H and I have agreed to start looking at buying a house Autumn / Winter this year (08). I currently owe around 7,000 on a credit card, which I am paying off…
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should I surrender endowment?
Can any one advise me, we have 3 endowment policies, one of which is only for £4000, it has 2 years left to run. We dont need this to pay off our mortgage as we have swopped to re payment to cover the shortfall (we have claimed and were successful), nor do we really need the life insurance as we have other cover now my…
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Reclaiming Mortgage Charges
Hi, Just a quick question. I have read a few threads but each person added their own opinion without answering the question. I was in arrears with Northern Rock on my mortgage. I had called them and said that I was unemployed and that the mortgage protection policy I was sold at the time of my mortgage, didnt cover me in…
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Should I go 80% mort, or include sec loan into 100%?
I am looking to remortgage and until now have been thinking of just getting a mortgage to replace current one. However, had a letter from Barclays saying that our secured loan recently taken out is going up by .3%. I could either keep the sec loan at £460 pm (over 25 years) and have a mortgage of around £1195pm, or go for…
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Alliance and Leicester Mortgage Exit fee result
After reading all the success stories on here, I dug out my old paperwork for a mortgage with Alliance and Leicester I paid off in 2005 with a Mortage Exit Fee of £295 being charged. I made a call to the Alliance and Leicester Mortgage Centre and asked how to reclaim. She just asked me for my mortgage account number which…
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First time buyer advice!
Hi me and my girlfriend are currently looking for a house for which we can buy. We currently rent for about 65pw from a housing association. We have found a house which is up for 50k being sold by a charity and is home owner occupied only. Its new to market and we've seen it once and think its great. At the minute i…
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Depression of a first time buyer
HelloI have a very good offer on a housing association flat which I have lived in for six years. With the discount it is 71k (in theSouth EAst) and according to internet valuations my neighbours' flats of the same size (although better condition) sell for around 120-130k at the moment. The surveyor told me it was "hugely…
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Off Plan - change in circumstances between offer and completion
My friend currently has an open mortgage offer but has since lost her job. The new property is being built at the moment and contracts have exchanged. Does she need to disclose the job change to the mortgage company as I think she should (she's worried that they wont reoffer as she's still looking for another job and so is…
