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How do I speed up a Remortgage?
Hi everyone, was hoping someone could advise me on my dilemma.. Im trying to get my new remortgage with First Direct through in the next 2.5 weeks.. At the moment they anticipate having the obligatory account open by tomorrow and then they can work on setting up the mortgage itself. Am I being unrealistic in attempting to…
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Loyalty Pah!
Northern Rock SVR including 'Loyalty discount' = 7.44%! I have seven years to run on my mortgage and am confused by the current mortgage market. How do I work out whether I should move my mortgage, and who to or should I just try to overpay this one? :confused: I've just re-negotiated home & contents insurance saving £50…
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credit rating advice please
I have previously had credit problems, which I've worked to improve. I currently have no defaults, no CCJ's, no missed mortgage payments. Any previous defaulted payments have been satisfied since 2002 but I am still showing a poor credit rating. I am not presently shown on the electoral roll at my current address - but…
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Halifax - Should i stay or should i go
Hi, well my dilema is a little different so i though i would ask a little advice. When i bought my current house i borrowed an extra £75k at a rate of 4.99% about 18 months ago, so i actually have a £145k mortgage split into 2 parts. Part 1 fixed rate is due to expire at the end of this month and halifax have put me on…
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Problem going interest only
Hi Due to my debt issues, I would like to change my mortgage to interest only for a little while. This will provide me with an additional £300 per month. However, my mortgage is with Direct Line (RBS) and they have told me that I cannot do this unless I prove I have a repayment vehicle (ISA, Endowment or whatever) in…
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buying a house please advise me!!
If the questions are answered elsewhere I do apologise. Heres my situation, my partner has £60,000 pounds deposit for a new house and is willing and eager to put this down as a deposit. I myself am in not so good shape. I owe a credit card £7000, my father £6,500 and my bank loan £8,000 (really stupid I know!) my credit…
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Help needed with Scottish Widows!!!!
Hello, Any help or advice here would be proper nice of you. Me and my good one are buying a house. Our "financial advisor" found us a good mortgage with Scottish Widows. We have got a Graduate Mortgage fixed rate for 5 years....however, heres the problem. My girlfriend didnt/hasnt got a permanent job (it is contracted…
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Canada Life endowment
Is this endowment worth keeping? 25 year endowment maturing Nov 2022 Monthly premium £123.20 Sum assured £34928 Surrender value £13162.89 Death benefit £43179.36 Total bonuses to date £6655.30 Cash value of bonuses to date £3753.59 Projections 4% £54700 6% £67800 8% £85500 Was supposed to cover approx £68000 Current…
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First for new rentals- how?
Hi guys, I am looking to rent a place round wood green in London (N22) and am using several sites to look for stuff. But the problem I have experienced (using rightmove, findaproperty etc) is that properties often come on the site and I phone up immediately and they say it's already gone! I have taken the week off work to…
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2 yr deal up soon ... not sure about timing
Hi, can I pick your brains please? Our 2 yr fixed is up in June, £107,000 mortgage with 23 yrs remaining. If we stick with current Halifax deal monthly payments will increase from £410 to £570 ... ouch. In Feb 09 we are due a windfall of approx £45,000 and I would ideally like to pay a chunk off the mortgage. Therefore,…
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Pre-Mortgage Advice.... Please
Thinking about buying a second small house to be nearer to my work. Only have around 20K for a deposit and taking the current financial climate into account what do you think I should do (be free to let me know if you can think of other viable options). My current flat is worth about £170-180K and I have around 110K…
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Standard Valuation
Can someone explain to me the difference between a survey and Standard Valuation? sorry if sounds silly but we have applied to remortgage and do equity release, had call today to say someone could come tomorrow, I thought they said for a survey but on reading keyfacts for the mortgage it says " Free Valuation" Does a…
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Another remortgage question(S)
Hiya been lurking thought it about time i posted Our RBS 4.89% fixed rate mortgage deal ends the begining of june and we have recieved a letter saying they want us to stay here`s 5.69% looks competetive better than the 7.44% SBV :eek: so thinking about it its easier with them as its only a phone call and a couple of…
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2x mortgage accounts?
Hi, My fixed period is coming to an end shortly and the svr will be quite high. Looking to get a better deal but my existing mortgage requies me to pay £1000 fees back unless I stay there for 6 more months. The question is, is if I were to remortgage and pay of the existing one, less say, £50 to keep that account for a…
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Selling Endowment - A Good Time?
Whenever I've got a quote for selling my endowment, there's been no discernible pattern to whether it's a good time or not. For instance, I've paid one extra premium of £55, the final bonus from Standard Life has risen £100 and the offer I've had has risen £240. That's in one month. Is there any way of knowing when it's a…
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re-morgage and solicitor fee
I asked this question early. I still can't understand why solicitor is charging 492.05 for a remortgage. this for a property in n.ireland. here is the break up of the charges professional fee 250.00 vat 43.75 LT buyer search fee 113.30 land registry fee 70.00 bank fee tt 15.00 I asked HSBC whether they require any searches…
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CeMAP training
Hi all, i am wanting to start a career as a mortgage advisor, so am wanting to start my CeMAP training, but am unsure who to use. Will potential employers want to know who trained me, as there seems to be alot of fast track training schemes out there which i think i should avoid. So far, the best (i think) i found is a…
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Morgage query
Just wondering my partner has a second income and they wont take this into account until his company is 3 yrs old. We were under the impression it was after one year? Does it differ between financial advisers?
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N+P mortgage ok on phone - worried later will be refused?? long story
Hi, just wanted some advise on what to expect. I've just done a long application for a mortgage with Norwich and Peterborough (1year fix, 2 year tracker), which I think is an excellent deal for us. I have perfect credit score, but my husband has 2 marks on his, both from mistakes by HSBC which they admit to and are…
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Remortgage advice needed
I currently have a mortgage of £137,500. I'm looking to consolidate 22k in credit card debts, which effectively means a remortgage of 160k. My current 2 year deal with the Abbey comes to an end in August and by then, my salary will be circa 43k. I'm looking for products with an LTV of 95% but ideally looking to avoid a…
