-
Is it ever possible for a single person on a lowish income to get a mortgage?
I'm 25, and ideally, I would like to have a mortgage on a small house or flat by the time I'm 30. I've been renting since I was 17 now and I am tired of it. I would like to get my own place and be independent. Some of my friends have bought, but they are ones who lived at home and had few outgoings so saved a lot of their…
-
LIBOR trackers - info
I made this point elsewhere, but thought i'd post it seperately as it probably warrants its own thread. Many people have been on the boards saying that this lender or that lender has not passed on the latest BOE Base Rate cut to them. For many of you with Non-Conforming lenders who themselves are more reliant on access to…
-
re morgaging
hi all, my fixed rate will end on 1st april 2008 i want to remorgage when should i approach a new lender, thanks
-
1st time re-mortgage help
Hi there peeps. Looking for some advise/info. Took out a 2yr fixed mortgage with Halfax and is due to end in April. This was my first mortgage on my first house. House was valued at £145,000 when purchased and took out mortgage of 25 yrs borrowing £125,00 at 2yr fixed rate of 4.69% with no-tie ins after the 2yrs. Household…
-
Help HBOS want money but I dont owe them!
Help. I am at my wits end, I had a mortgage with Halifax, I paid it off in 2007. They have since been sending me letters saying I owe them. I agreed a final payment with them, paid it in full and they completed the land registry and sent me my deeds. Since then they are requesting a value about the same as what would of…
-
HELP...please!!!!....mortgage
Hi!! just a quickie, i recently had to sell my house due to mortgage arrears and to stop reposession(grrr). Am currently renting a house with my wife but in april we have a chance to buy the house, i am currently sorting through my credit files(thanks to martins templates) and was wondering what the best way to ensure i…
-
Good 3yr fixed rate wanted
Im after a decent 3 year fixed rate mortgage that allows me to over pay (up to 10% a year - preferably without a cost each time I do so).. And not too sure wether to go for better rate and higher fee, or slightly higher rate and lower fee I'll be needing a mortgage of £110k if that helps with any sums any suggestions…
-
Selling my endowment
I am thinking of selling my endowment. I don't use it for mortgage purposes and just pay into it each month using it for savings. I was hoping for a decent pay-off at the end of the term but it is under performing, and could use the money now. Any ideas of the best route to go?:confused:
-
Outstanding Balance on Old Mortgage
Hi All I am after a bit of advice below is a summary of the situation: I remortgaged my house to a new company in July, all went through, End document and completion of mortgage was sent through and my new mortgage company now had interest on the house, title deeds etc. 6 months later i have now received a letter from old…
-
Has your bank reduced the base rate
Hi All and Happy New Year The last rate reduction yielded widespread "hoorays" that things would be slightly easier - but a month on my lender "Amber" have not reduced the rate. Now I understand that there is nothing to compell these institutions to actually pass on the benefit but I was wondering how many other lenders…
-
Lender Rental Yield Calculations (LTB Scenario)
Hi peeps, :wave: Can anyone possibly let me know what calculation (if any) different lenders use to ascertain wheter a buy to let in a let to buy scenario is in their opinion self funding. Are any conditions applied? - ie, certain scores or ltv. I would be particularly interested to know HSBC, Natwest & C+G - but any…
-
Taking lodgers - mortgage company said no
Hi, this is my first post so I'll just jump straight in. We have a "Together" mortgage with Northern Rock - we have been here nearly 2 years. Our friends (a couple) are looking for a place to live because they can't afford the place they are renting. We have a spare room and on New year's eve I casually offered them the…
-
Please Give Advice 18yrs On An Creditor Finds Me
Hi all, This is my first post and im very scared. when i was 18 i had a mortgage for £44000 and things went bad they was also a bridging loan involved at the end but all went wrong and handed keys back that was 18 years ago, intest rates went to 15% and lost job so had no choice.... today open mail found the follow letter…
-
Repayment Mortgage Vs Offset Mortgage
I have a repayment mortgage and by paying in an extra £500 every few months, over time I have managed to lower my mortgage from 35 years to 11.9 years. Luckily my mortgage has no penalties for making additional payments. I am about to receive an inheritance and I was wondering if it is worthwhile putting the additional…
-
Mortgage problems
Nov i put in a offer for a house for £175000 which was accepted, it is a repo but we knew that from the start I asked to borrow 187000 which was accepted by A & L had the home buyers survey done, this then stated that i had to get a structural survey and roof report done along with any estimates I asked the estate agents…
-
Mortgage Fixed 2 years then refixed 2 years question?
Hi sorry this may sound stupid, but im soo confused.. I have a mortgage fixed for 2 years this has finished and I went through the mortgage with my existing Natwest to set up a rate for another fixed term '2 years' is the counted as a remortgage? I was charged £999. for this facility.... can i reclaim anything back from…
-
Question about return of deeds
Dear All I have paid off my mortgage with Alliance & Leicester after 35 years. On the final payment they took extra £60 out and after I queried the amount they now tell me that they want a further £135 to release the deeds to me. Is there a way around me paying this as I feel its a bit expensive and a bit of a shock as I…
-
Arrangment Fees
Hi, I'm currently looking to remortgage for the first time, and I'm a bit concerned about adding the fee to my mortgage. I don't want an extra £1000 added on to my mortgage and then pay it off over the next 23 years. One broker i spoke to said that the fee is paid off over the fixed term, ie in 2 years. I thought this was…
-
Help needed remortgaging a shared ownership!
Having had a scan through the forums I cannot see this question already having been answered so would be grateful if anyone can assist! Apologies for the ramble, I am just trying to preempt any questions. Background Credit rating is fine but have a cashflow problem in as much credit card debt of almost £10,000 (all on 0%)…
-
Need to remortgage and increase slightly
I just rang The Bank of Ireland to discuss our mortgage. In about 8 weeks our 2nd 5 year fixed rate is up and we need to renew our mortgage. I have also asked for an increase of £10,000 for our home improvements (extension). When he confirmed our employment status with me (me unemployed and husband recently self employed)…
