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UK mortgages from overseas
I know the answer will probably be negative, but I wanted to ask anyway: I am living outside the UK for a few years and have rented out my property (small one bedroom flat in southeast London) in the UK. My mortgage lender, the Halifax, has given me permission to rent it out on a normal mortgage without needing to…
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shared ownership
i was looking to get a morgtage to pay for 50% of a house i want to purchase.i need 71,000 for the 50%.its a new build property and in a good area.i have checked online and with my wages they will lend me around 71,000.i'm a first time buyer and have a good credit rating,my bank even offered to give me a £25,000 loan when…
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Signed wrong agreement - Can anyone help?
Hi All To cut a long story short my 2 year fixed rate mortgage was coming to and end on 31/12/07 and my options were limited because I was on a self cert mortgage. My mortgage payment was £640 and I had 2 options left with my current mortgage company "Mortgage Express". The first was a fixed rate that gave me a payment of…
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Which tracker
Hi there, can anyone help? i need to change my mortgage at the end of March(currently £130000 over 21Yrs, house value £200000). Problem is we are moving house within the next 12/18 months and therefore that means i cant go for a fixed term deal like a discount(we have one now). I'm leaning towards trackers as i think it's…
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DEclined?!
My self and my fiances mother are about to get a joint mortgage. trouble is is was declined today when our IFA tried the application online. im a graduate (two years ago) in a 25K job, good credit history (only late on 2 credit card payments through me underestimating dritec bank transfers ). she is 53, 13K left on her…
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5.2% fixed 5yrs, £795 arrangement. Good?
Hi, Just about to sign up for a 5 year fixed at 5.22% mortgage from the Cumberland Building Society, with a setup cost of £795. We're living in rented after selling our house, and are about to buy our next home. We live in Cumbria, and see the local BS as a slight advantage (for some unknown reason!). Good deal? we thin…
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my partners new house was wrongly repossesed
I was just wondering whether anyone could advise us on our next step...2 weeks ago my partner receive a repossesion notice on his newly purchased property, after a phone call to the halifax we found that although our money was going in to the correct account every month they had been trying for 6 months to take the…
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Halifax - 'pre-agreement check'
Any ideas how generous Halifax are feeling at the moment? We currenty have a mortgage advisor looking into re-mortgaging our shared-ownership home. We currently own 47% of the house and paid £118,500 for it 3 years ago. We were given a £30,000 deposit by girlfriend's parents, so got a mortgage from Abbey for £88,500 We…
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help getting a mortgage
Hi, I'm looking for some advice if there is any to my situation. I'm currently looking to take out a mortgage to move out of rental prop. My self and my partner have young child and i am the sole provider i currently earn £18k i also have a bonus package however i have nor recieved any yet as i am at a new firm. I also…
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Advice required
I'd like some advice please on behalf of someone else. This person is currently owing approx. £50,000 and he is in a situation where he has a poor credit rating. However, he owns land to the value exceeding the amount of debts owing. What he would like to know is can he remortgage a certain percentage of his land to pay…
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Help with new mortgage
New Moneysaver Hi All, If my daughter takes out a mortgage now (with no tie-ins) can she remortgage to get a better deal in the summer?
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Cancel A Mortgage
Hi , need some advice on this basically i was intrested in buying a house and now would like to cancel because of a financial problem i have gone through the mortgage procedure and paid the mortgage advisor £750...for getting me a mortgage.....i have not yet paid any deposit and the house is still in the sellers name. i…
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Buy To Let mortgage
I currently have a mortage on my home, if i want to let my propety out, do I have to by law have a buy to let mortgage.
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Remortgaging from Northern Rock Together
Hi, Have been with Northern Rock for 2.5 years on their Together mortgage (part loan part mortgage). Was in a 2 year fixed deal which has now ended and looking at my options. I initially borrowed £90k against a flat which i bought for £77.5k. The flat has now been valued @ £91k and the balance on the mortgage is £88k. I am…
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ISA or mortgage?
I have a 97000 C&G mortgage of which I'm repaying 5.59% over 25 years with a repayment of £600.89 every month. I can repay upto 10% of my mortgage value every year - so technically I can make overpayments upto £9,700 a year (though I could be wrong about that, it was the way my mortgage advisor explained it to me).…
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Gamble on the stock market?
Can anyone tell to me why all financial advisers want to gamble on the stock market? tell me the reason behiend it.
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first offer help
Hi everyone, I am trying to get on the housing ladder, I have seen the house I would love to get and it is going for 134,950 what should our first offer be? She is wanting a quick sell and although has had alot of interest no offers as of yet. This has already be put back on the market as when she tried to sell last time…
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BTL remortgage for someone over 75 years old
Hi, I am making an enquiry for my father in law who turns 74 this year. He has built up 6 BTL properties, but his current lender has a max age of 75. As it doesnt seem a good time to sell, he would like to remortgage to a lender that would allow mortgages up to 80 or 85. Can anyone suggest some lenders he could speak to?…
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Funds taken before payment date.
On Sunday the 27th I checked my Halifax current account and noticed that the mortgage payment that was to be taken on the 28th had already been taken. When I asked the Halifax why this was they explained that “If the standing order fell on a Monday they would take the funds at close of business on the Friday before. And in…
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Mortgage a viable option for students?
Hi, I do not know much about mortgages and so wanted the opinion of those more experienced. My question - is a mortgage possible/sensible/justifiable in my situation? The situation: -Student in London who will be paying around up to £6k in rent every year for the next 5+ years. -I have a group of close friends in exactly…
