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Mortgage better than Ing Direct?
Hi, My mortgage (around 79000£) is on Ing Direct. At the moment the rate is 6.25%, personally I feel it is not very good any more. (It was ok, as there is no fee, no penalty etc) Can someone recommend something better? I was hoping that Ing Direct will reduce its rate, but look like they are not doing that. Many Thanks…
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Please help! BTL Mortgage for pensioner
i currently live with my son since I sold my house in 2006. I had been a homeowner since 1969 with a mortgage paid on time and eventually paid in full. clean credit history and 15% deposit. currently in FT employment. I am 66 next birthday and I would like to purchase a BTL. given my residential status and age is it…
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NATIONWIDE - interest charged from the date of offer?
Could someone please confirm whether Nationwide charges interest from the date they make the mortgage offer rather than the date of completion. This is what I was told by someone in a customer service phone-in place. It seems almost illegal and outrageous. How can you be charged interest on something you don't have?!…
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Remortgage as part of divorce settlement
Hi, I've to raise a mortgage on the former marital home to enable a clean break. I need to give my ex-wife £100k and there's £18k (approx.) left to pay on the existing mortgage which ends in less than two years. I need to borrow £150k on the former marital home which is worth £160k. I will be consolidating existing credit…
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Selling up before end of fixed rate mortgage term
I am selling up to leave the UK and have been told the penalty for doing so before the fixed rate term comes to an end will cost thousands as apposed to the £90 admin charge if I wait till end of fixed rate term. Is there any way around this?:confused:
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Mortgage payment holidays good or bad?
Hi, My wife and i are trying to clear credit card debts. we have phoned our mortgage company and they have said we are eligible for a payment holiday. we have had no missed payments and our credit history is good. i understand that i will have to pay the interest on the mortgage and we will also incur a £99 charge for…
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Another Phoenix policy
I have a Pheonix policy and have read here that many of their policies are dud. It is a Homestyle Unit Linked policy - bought in 1990 through Royal Life. Is this one a dud too and should I surrender it? Currently I am using it to part support my mortgage, but could change to repayment instead (as we are just remortgaging).…
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Are there any Original documents at all?
I purhcased a freehold property in 2006 and registration with LR was done shortly after the purchase. All is got from the solicitor was a 2-page copy of title register and a 1-page mortgage deed. My solicitor says that there is no such thing as a original title deed anymore.. (i.e. no significance for a "paper copy" of the…
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When to look for a new lender?
Our two year fixed rate term comes to an end at the end of august and that's when we can get out of the mortgage and look elsewhere. When is the best time to do this? How long beforehand will we be able to get an offer?
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Mortgage Advice
Hi all, I am looking for some advice on a Mortgage and wondering if anyone could help. I am still in 2 minds as to whether to go and get one, but in order to decide that, I need to know if i could even qualify for one. My girlfriend is looking to get a Mortgage but on her wages, she is worried she may not be able to borrow…
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What is best, increased remortgage or unsecured loan?
I'm not sure what the 'received widsom' is here so I'm hoping for lots of good advice! I need to raise some money for home improvements and some minor repairs. My mortgage deal is up for renewal in 2 months so I'm looking at getting a new deal. However, what I'm not sure how to decide is whether it is better to increase…
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please help! advice needed
I am thinking of remortgaging to clear debts but do not know wether to get an interest only mortgage i have enough equity in my property to do this i want to avoid hefty repayments, an interest only mortgage would give me the option to overpay and more flexibility as payments would be lower however i am still unsure about…
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changed payment date - please help!
Hello everyone I have a mortgage with Norwich & Peterborough fixed for 20 years (with a 30 year term), with a fixed rate of 5.68%. I know its a long fixed term and some people might think I'm mad for doing that, but wanted peace of mind as to what I'd be paying (also planning to pay off before the end of this period…
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Equity - Who revalues house when taking increased mortgage?
Hi - first post, be gentle... For various reasons we'd like to take out a larger mortgage as we believe our house to have increased in value in the 4 years since we bought it. I would be careful not to take more than 90% of the new value, but who revalues the house to decide what it is now worth and what we can borrow…
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Advise PLEASE!
Hi Guys, Need a bit of advice as I am a bit confused as to what to do. I have a mortgage broker that sorted out my mortgage for me a couple of years ago. I have a small flat that I rent out. He set me up with a repayment mortgage and told me not to say its a buy to rent investment. The two years is up now and I feel really…
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Charges for missing payments or arrears
These charges are like bank charges. I get charged £35 for a missed d.debit and a £30 monthly arrears fee by my mortgage lender. I also get charged the d.debit fee by my bank (so I get charged twice for this). Can I claim these back when the bank charges court case is over?
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Do you think I'll get a mortgage?
Before I look at applying for a mortgage I wonder if you'd give me opinions as to whether you think I'd be successful? Ok, I'm 29, single and earn just under £29K a year in full time, permanent employment. Looking for a mortgage for around £100 to £110K as I have a £20K deposit saved. No credit card balance outstanding,…
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Endowment Company Taking AGES to surrender
I have an endowment with Phoenix which was performing very badly so decided to cut my losses ,surrender it and put into my Halifax mortgage. I sent all the relevant information(as they informed me) to Phoenix on the 4th November but when i phoned a month to say it still had not been paid into my mortgage I was told that…
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Advice for my mum ! Please read its complicated.
Hi please could you advise and point my mum in the right direction. Over the last 2 years she has been through hell, her husband at that time walked out and left her in a right mess running up debt at 35000. He run up debt on 2 credit cards and an overdraft, all debt was in both names him being main card holder with my mum…
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Competitive Rate
I am just coming off of a rather good tracker deal with the Halifax at + 0.04%. The best deal I can currently seem to find with a reasonable arrangement fee (£500) is + 0.19%. Is this about right? Was that the way of things 3 years ago and I am not going to find another 0.04% nowadays?
