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LIBOR, BoE Rates & Fixed Mortgage Rates
Hi,Rightly or wrongly I'm currently going through the house buying process and will need to submit a mortage application in the next 2-3 weeks at the latest.Q1. If the LIBOR and possibly the BoE base rates are on their way down, should we start to see better fixed rate mortgages coming on the market soonQ2. Any ideas if we…
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Re-mortgage question
Can anyone answer this? My friend has recently remortgaged in order to buy his ex out of the house and give her the equity due to her. The previous mortgage (Building Society A)was apparently 2 months in arrears (he was not aware of this, but it's possible), but the mortgage has been paid off by a new one in his name only…
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Self employed less than 3 years, and want a mortgage with my employed girlfriend?
:confused: as above really, need some advice. My girlfriend and i have found a house we really like, and have put a retainer fee on it (so we now have 28days to get things sorted, and so no1 else can buy it before us!), Basically, i have been self employed since sept 05, and have books / accounts since then. My girlfreind…
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Remortgage/transfer of equity help pls??
Thanks in advance....Mortgage with my ex partner for past 10 yrs through Nationwide for 43.750 endowment.Been seperated 7 years, split all debt equally when split up, I struggled to pay mine after he stopped maintenance and child care so I couldnt work, but I got by and after a ccj and bad debt, mand some motgage…
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New Mortgage
Hello, I wonder if anyone can help me to find how we can remortgage while working abroad(UAE). Our fixed deal will expire at the end of april with no tie in(Fixed at 5.19% with N.Rock). We have a good credit record with no arrears or CCJ. Property value is around 220K and we have 68k left on it. We are looking to borrow…
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Postcode-based Credit Scoring with Experian
After consulting my credit files online, I was relieved to note scores of >850 at both Equifax and Credit Call. However, I receive a score of <680 from Experian. Noting that both Equifax and Credit Call both have nearly all my details (including load amounts, previous addresses - all correct), I also noted that Experian…
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IVA Mortgage - Still Possible?
Hi, I am in and IVA but my partner and I received a mortgage in principle about 6 months ago but decided to wait a little while before buying. We now have a 10% deposit saved up and a number of viewings booked. With a 10% deposit will we suffer problems now applying for a mortgage due to the recent "credit crunch"?
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A & L Rip off for existing customers
Just noticed Alliance and Leicester charge an extra £250.00 for existing customers choosing one of their re-mortgage products. For example their 2 year base rate tracker is available to new customers for £599.00 setup fee where as existing customers need to pay an extra £250.00 on top of this as "mortgage review fee" What…
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Northern Rock Formal Demand - Help!
I need some help and panicing loads and getting stressed out!!!!!! When Hubby was unemployed last year we still paid the mortgage apart from September we could only pay half which we wrote and told them about this. We always pay at the end of the month as thats when we get paid. At the start of Oct we got a formal demand…
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What Can We Afford?
Hello 1st post, so apologies if this is in the wrong place. My partner and I are currently renting but are looking to get a mortgage asap. She is worryingly blas! about everything, saying we'll be able to afford anything we want. In truth, she is one of those people who doesn't like thinking about the value of money,…
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New Partner Mortgage Equity Question
My girlfriend and I are pretty much on the cusp of moving in together. Her ex partner is entitled to a percentage of the equity in the house and all that is being agreed. Now my new partner and I want to get a mortgage together, however it's a little complicated; She has two kids and doesn't want me to move in and…
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the one account
Hi I wonder if anyone has this account and is it s good deal. We have a £95000 mortgage and 15 years to pay. Around £2700 going through current account each month but no savings. Is it worth looking into this type of account or is it not worth it without any savings. Many thanks in advance Dawn
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Interest Rate changes being passed on to mortgages
I have a tracker mortgage with the Abbey, 0.49% above the BoE rate for the life of the mortgage. The interest rate change to 5.5% in early December wasn't passed on to my mortgage in January (til Jan 1st). So my mortgage won't reduce until Feb 1st. Just a question really: is it the case with trackers that they don't have…
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Advice please on remortgage options
Hi We currently have about £100K on a capped base rate tracker with the coventry. It's base rate plus 0.85% capped at 5.99 until December 2009. After that it goes to a 'privilege' rate which is about 7% We are moving house and our new mortgage will be £200K. Coventry have offered us a Flexible mortgage at 5.99% variable.…
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Fixed Rate Mortgage - 2 year or 5 year
I'm just about to remortgage and can't decide whether to go for a 2 year or 5 year deal! Obviously the 2 year deal is a cheaper rate but do I opt for the security of a 5 year deal??? Does anyone have an idea of which way the mortgage market will be moving to, i.e. are rates likely to take a sharp increase, stay the same or…
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mortgage advice please, my fixed rate ends soon
hi, my mortgage is presently with the cheshire building society and the fixed rate ends next month 28 feb 08. i owe £57,000, and i am wanting a 16 year mortgage. the cheshire are offering a 5.99% (loyalty deal - no fees, fixed for either 3 or 5 years) which works out at £463.07 per month. however ive seen a deal at…
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Re-mortgage for a second time
Hello everyone, This is my first post - so apologies if I am not doing this correctly. I re-mortgaged two years ago as needed new central heating system, new roof etc and got a 2 year fixed rated which will soon be coming to an end. I am worried about the jump in my mortgage after this and wondered whether I would be able…
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Northern Rock pension fund has £100m hole???
Hi. Does anyone know what this means for anyone who has a mortgage with them? http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article3169969.ece will this affect us? thanks xarjia
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Why are people so rude?
:confused: hello im new to this site.. and find it quite confusing with all the different things that we can claim or cant claim ect.. I have been reading through quite a few posts and like me there are many people who just dont know what they can and cant request back from their lenders/banks or whomever.. I notice that…
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BTL Mortgage advice
Hi, Given a kind set of parents, I currently live in a house in which I have no mortgage/rent to pay although I don't own the house. I do pay all the remaining bills (including band E council tax! :( ) but want to buy my own property as a form of investment / secondary pension and if (not that I plan on it) my current…
