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OpenMarket HomeBuy
hiya have just been looking into this and we think we want to see if we are eligible. anywayne of the terms is you musnt be in arrears. well here is the thing, when we first got this house were in council temp accomodation and i was quite ill after having a c section and so we couldnt move in straightaway, which they said…
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FOS Can't help - can anyone explain this / or had the same problem?
Last year I made a claim with regards to a mis-sold endowment policy. After receiving the run around from them as to who I should actually be claiming against,the company in question responded by saying the employee (who had sold us the policy) had died but they had no reason whatsover to believe that the policy had been…
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How Secured Loans Affect LTV% Of Remortgage
Hi all, We bought our house 18months ago for £147,000. Our rate ends soon and I would be looking for a better deal. We took out a secured loan to renovate downstairs inc new kitchen with the intention of adding the amount to the next mortgage we took out. STILL OWING: Northern Rock Mortgage (4.45%) - 139,750 (end March)…
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Starting a new job - Applying for mortgage??
Hello, My partner and I are in the process of buying a flat, found a property we liked, got it and I went to see Nationwide today regarding a mortgage. They had already credit checked us and it all come back fine. I am now abit worried though as my boyfriend starts a new job on 1st February. I took in his P60 to Nationwide…
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Mortgage advisor missed appointment
Hi all, I called a FA and run through my requirements with them, and I was advised that the info would be passed to an advisor who would be in touch, later that day he was and made an appointment to come and visit with his proposals. The appointment was scheduled for 4 days later. On the morning of the appointment I had an…
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Mortgage advice needed.....
We bought our flat 2 years ago from my Uncle so it was a pretty straightforward sale, however now we want to move to a larger house as we have had a baby and we have managed to find a property we like. Our mortgage is currently with the Halifax and we are tied to a fixed rate for 5 years, as we have only been paying the…
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my fixed rate is up and additional borrowing is now on SVR please advise
HELLO my fixed rate is up, in Oct 2008 4.39% five years ago with halifax for my mortgage (£69,000),I also on a SVR @ 6.16 % for additional borrowing ( £24,000 ) which is with the halifax. as well separate to my mortage shall i move the 24k which im paying at 6.16% with the halifax to first direct @ 4.99 will i get 4.99%…
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£22,000 Remortgage advice on these please
Hi our fixed term ends in march our mortgage will be £22,000 these are the deals we have been offered or found : 1.5% above the base rate , for life of mortgage (18 years ) repayments £180 fee is £50 2 year flexible tracker , variable rate same as the base rate fixed for 2 years repayments £163 fees £330 (to be added to…
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advice needed
ok took out endowment 25 years ago up at end of january will be £300 short of loan not much but was told at start there would be no problem in getting twice the amount in returns huh the plan was took out with provident mutual who where taken over by cgu life who in turn where taken over by norwich union each time this…
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Help! Advice needed re: Remortgaging
When my husband and I bought our house 4 yrs ago it took sometime to get our mortgage due to defaults on a bad credit history. We got one through our bank and would like to remortgage to release some cash. Our mortgage is for 65K and we bought the house for 83K. Its now valued at 220K. We just wondered because of our poor…
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Nationwide overpayments and redemption
I am hoping that one of the mortgage brokers can help me. I have 3 years 9months left of a 5year fix which will expire October 2011.This is also the date when the mortgage will be completely paid off.I would like to start making overpayments with a view to paying it off about 18 months early.Although the overpayment…
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What credit crunch?
We keep hearing about the "credit crunch", but my sister has just secured an £80k mortgage, despite being a single parent of 3 kids, earning around £6,250pa. (+ WFTC + CTC, + CHB for 1 child but no child maintenance). They were prepared to lend her up to £100k. Is it just me, or is this complete madness? :eek:
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Advice needed please?
Hi - I have a 20k (£198 pm) mortgage at the moment on a house valued at 160k. I am looking to increase this to 28k, which would give me an extra 8k to clear off our car loan (£197 pm). The car loan is for another 48 months & our mortgage is 15 years left to run. The mortgage is in MY name only (once bitten....) & the max I…
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Critical Illness, Life Assurance or MPPI??
I'm just about to re-mortgage and am really confused about which mortgage protection option is best. I am freelance, so effectively self-employed and live alone with no dependents. I have been offered one policy via London & Country with Scottish Widows that is Critical Illness & Life Assurance but pays out just the once.…
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Mortgage solutions? And credit check questions...
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shared ownership mortgages
Can anyone enlighten me on what sort of waiting lists there are for these, and if priority is given to "key workers" (I am not one), also have seen some investors offer these but it's generally housing association who would cover the rental part of the agreement? And are these a good thing (obviously good in the initial…
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Building Society Valuation
Chaps,I will be a getting mortgage with ~ 40%LTV i.e, putting lots of money down as a deposit.I am keen that the valuation the building society do is accurate and in line with current house prices.Questions - do they perform the valuation on the value of the mortgage or the house. Are they looking after their own interests…
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First Direct Fixed 5.25 fixed offset
Hi, Im hoping someone can explain this to me. This is a fixed offset mortgage, if i dont use any money to offset it by is it just like a typical Fixed mortgage. This is the best rate i have seen for a fixed I dont need to use the offset and i can still overpay if i want ? Im not to sure about offset mortgages. I had a…
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training to be a mortgage/financial advisor?
Hi there I have posted this on the employment thread, but hope its ok to put it here too, as there are IFAs and mortgage advisers about. Mods - please move if you need to! My DH looking for a career change. He's been in various management roles for 10 years or so, and in retail management for 4 years, and is now looking to…
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mortgage application disappointment - have we grounds to complain?
please could someone advise us? we have a 45k mortgage with a building society. we have reduced this from 90k in 3 years. 3 weeks ago we applied for a further advance of 60k to pay for an 2 story extension. we have not once, but twice been told by the telephone mortgage adviser (seems a very nice lady so it makes it hard…
