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Mortgage Subsidy
Hi all, I'm a newbie to this forum and wondered if anyone could shed a light on this question. My partner and I are first time buyers and are currently sorting out a mortgage, ive been browsing some estate agents website and saw a property for sale with the following stated '£250 MORTGAGE SUBSIDY PAID FOR 12 MONTHS'…
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mortgage lending amount Q ?
Newbie alert :rolleyes: Im looking into mortgages and its all new. A friend said that a mortgage company will only give you up to what the property is worth in the survey report. So if you buy the house for £110k but after a survey the property price is only £100k then they will only give you up to £90k if its a 90%…
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CCJ's? Loan v's Mortgage?
I just wanted to know if anyone had any suggestions for us, to help make the right choice? We currently have an interest only mortgage!! I know not the best decission we ever made, but it suited us at the time! We are due in April to start shopping around again as our current fixed rate will have finished, however, having…
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Mortgage offer problems
Hi We have sold our house and had offer accepeted on a new house, surveys done etc We currently are in a 5 year fixed deal with the halifax for 160k on our current property, we require a 190k mortgage for the new house. Since buying our first property we have had 2 children and my wife no longer works, I earn 53k plus 7k a…
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Just A bit of Fun for Sunday Night
Considering the latest doom and gloom about the housing market, economy etc I began to wonder "Would now be a good time to get a shared appreciation mortgage? Must be better paying no interest seeing as all these people are telling me house prices are about to tank in a big way." "Should mortgage advisers be reccomending…
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Girlfriend Moving in - what do we do about her mortgage if she is renting out?
Hi all, first post so be nice... my girlfriend is planning to move in with me and rent her place out. She is currently with First Direct for her mortgage - obviously we have to tell them but we are confused about the distinction between a buy to let and her just renting her house out?! Are the mortage company likely to…
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Mortgage advice with bad credit rating
Hi. I have never posted on here before, but would appreciate some advice before my hubbie and I even consider speaking to brokers etc. We currently have a mortgage with the Halifax that we easily transferred to a pretty good (given the current climate) tracker rate in October of this year. For the past 18 months we have…
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Too good to be true?
Hi there, i'm new here. Just wondering what your thoughts were on this deal First Direct have at the moment. Its an offset tracker that follows BoE rate for 2008 and then revert back to svr from 01.01.2009. No product fee as i'm remortgaging from anoher lender, valuation free will be refunded on completion for same reason.…
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Please- need urgent help!
Hi, really need ugent help. I live with my mum and she has alot of debt. About £52,000 and thats not including her mortgage which is £32,000 and a secured loan of £9,200. Just before xmas we went to go to court because one of the creditors was trying to put a charging order on the house and the judge ruled it so they…
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Poss Endowment Claim
Can I still make a claim for policies taken out in '92 and '98?
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Mortgage 46% LTV
Can anyone tell me whether there is anywhere I can search for a remortgage where I can take advantage of any preferential rates for such a low LTV amount? Many thanks.
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Standard Life Endowment
My husband and myself took out a £51,000 endowment policy through a financial advisor back in 1990, who persuaded us we would have a large extra amount of money upon maturity. We have complained and have been told no compensation as through a financial advisor! Has anyone successfully claimed as the Financial Services have…
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House prices will fall - but by how much....
Hi all, I am about to write an article for one of the Nationwide Mortgage magazines re the above. Does anyone want me to post on the site? And if yes, is it a normal post or is there a features section within this website?
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Advice Needed Please
Hi, Im interested in the FD offset fixed mortgage can anyone tell me would i be better doing this Taking out 52k over 15 years which results in the repayments £414.53 Or Taking out 52K over 19 Years Repayments are £372.22 and then overpaying £40 per month. Which would be more beneficial for self. Thanks for anyone who…
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Broker's 'Processing Fee'?
Hello A whole of market broker/mortgage advisor is telling me that they have to charge me £100 to access a network which allows them to bypass local lenders. Before I argue with them I wondered if someone could tell me if this is a usual and reasonable deal? I may not even take a mortgage through them, but yet I will pay…
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Mortgage Insurance Quote
I'm moving house in a couple of weeks and have been asked by the solicitors to provide a copy of the policy proposal and schedule of cover. I wish to get my insurance via the many comparison sites detailed in the home insuance section of this site. However, in order to input the required info it seems I can only insure my…
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Is it possible to get a mortgage??
Hi just a quick (sort of) question! My partner and I want to buy a house but we are not sure where we would stand with getting a mortgage... The good bit, partner has £30K deposit (inheritance) and has less than 5k debt - earns approx £27,000 per year plus a bonus of £1k and then overtime. (policeofficer) The bad news (ME)…
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Renting your home & buying another
I know there are lots of saying about when people start to get old, similar is happening here. Can one rent their property(Mortgage free) and use that income to buy another. Which building society is the best to approach. regards seb
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interest only mortgage or stay with capital and interest
Hi, we are really struggelling at the moment finacially, we have a mortgage of £1300.00 per month two kids bills to pay and holiday to pay for by the end of feb i am in a right state at the moment worrying about this and where i am going to get the money from . I havent got a good credit history either. so the thought of…
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Offset / CAM or Fixed
I am currently coming to the end of a 2 year fixed deal with Portman BS (now Nationwide. This is a repayment mortgage. My mortgage will be approx £102,000 and will have 21 years left to run. I am torn between using my £8,000 savings and taking on another fixed rate at £94,000 and also reducing my term by about 4 or 5 years…
