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Abbey Life Endowment
Hi Folks I have been paying into an Abbey Life Endowment for 18 years. The premiums include life cover and critical illness cover. The returns have been poor - probably in total not worth much more than the premiums invested. So I have asked AL for the surrender value - which last year was 25k. It is a unit-based fund…
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can anything go wrong
im borrowing on the equity on my house to buy abroad which mortgage peeps at c&g have said ok hanaded in my mortgage application credit checks ok can it get reject ed at this stage as i have handed over the deposit for the aptment c@g say they will lend me the money can anything possibly go wrong from now to get the…
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MEAF fee reclaim
Hi, I am thinking about reclaiming my mortgage repayment fee from the Abbey. My question is, according to my original contract Abbey said they would charge a repayment fee of £225, this they did, so do I still have a hope of getting any money from them if I claim? Regards Brokeandhappy48
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5.69 b2l fixed 7 years
seems like a good rate for a b2l but its fixed for 7 years im tempted but 7 years is a long time
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Mortgage Discharge Form
Hi, We are currently moving our mortgage to a new company. So we could buy our house my parents lent me some money, and they put their name on the title deeds as security - sorry not sure what the correct term is. It is the same was as a mortgage company would. The loan has been repaid and I need a mortgage discharge form…
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Missold Endowment: Implications for advisor?
Hi. Anyone know what the implications are for the advisors that missell endowments? I am going to I initiate a complaint, as I think I was missold a policy, but am uncomfortable in the fact that I still do business with the financial advisor that sold it to me, and wondered if anyone could tell me the implications for him?…
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Mortgage Offer - 5.49% Interest - Is this a comptetive rate
Hi Folks, Have an offer from my existing mortg provider to renew the mort at 5.49% over 5 years. I notice however the actual APR is 7.1% - is this a competitive rate or not? (just noticed from the app.form it states 5.49% then lower down it states Annual Percentage Rate of 5.80% VARIABLE ( this is a fixed rate mortgage?)…
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2 Credit Searches for one Mortgage Application!
I'm in the process of changing my mortgage from A&L to Barclays. I noticed on my Experian Report that Barclays performed 2 (Mortgage) Credit searches on me for the 1 application. The first was when we went into Barclays for a decision in principle quote. The second after we submitted our application to them (presumably by…
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Mortgage checker? Such a thing?
Hi i was looking to see if there are any websites in which you enter your wage etc to find out what deal you can get, also to break it down to what the monthly payments would be. Im looking for a first time mortgage and don't know where to start Thanks
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Visit from Mortgage Advisor
Hi All Had my mortgage advisor down looking for the mortgage for us. He based it round arrangement fee – So high, zero and medium. We’ve got about £82k to pay off. I wanted a Tracker, with free legal, valuation and possible freedom to overpay to reduce my payment. All this over 23 years. These are the three he recommended:…
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failing endowment
hi all back in 1993 we took out an endowment with a company called Colonial Mutual, who have been bought out by Winterthur Life this is under achieving massively and i want to sell/surrender i have sought quotes from a few companies that buy policies but no body seems to be interested and i cannot get a quote could anyone…
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Tecchie advice required. Offset, even with no savings?
Hi. This appears to be a great forum of advice and info, yet having read A LOT, I'd still appreciate some advice specific to my situation (if you please!) I'll try and keep it simple but please excuse me if I go a little stray in the explanations (I'm a self employed photographer, not a writer and thus words aren't my…
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Newbie Help Needed please......
Hi everyone, I'm hoping if I explain our current situation then someone can help us with some decisions and ideas!! We currently have a house that we bought 18 months ago for roughly £154k, we took out a £115k mortgage (through Woolwich/Barclays, in 2 parts - 1 larger one on a fixed first time buyer mortgage (around £74k,…
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Need to Remortgage as with NR!! Help
Hi All, I currently have a fixed rate mortgage at 4.79% with Northern Rock which ends 1st June 08. NR cannot offer anything competitive (no surprise there!) and on phoning a financial advisor, he stated that a tracker type of mortgage might be the way to go. I have always had 2 yr fixed rates since the property was…
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30 Year Endowment Policy
Hi Started this policy in 1998 and have been paying in £35.00 per month and still are !! Have our yearly statement and currently the guaranteed amount + all bonus's is £12490, over 30 years we will have paid in £12600. Should we just cut our losses and save elsewhere? Thanks Ady :confused: :confused: :confused:
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15yr Endowment ?
Have received payment from a 15year endowment we have been paying £54.16 per month into. We received 12,461 this seems very low as if you take out a 25 year endowment out for £50 per month the return is estimated to be 42,000. Can anybody explain why? Thanks :confused:
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how responsible is my mortgage company for this mess?
some people may know that I bought a new build flat which has had some problems. Been trying to sell as I have a new job, but buyers are put off by these problems. There are issues with: * the developer - poor finishing of flats. Poor construction, which has result in flooding of communal areas and dampness in flats. *…
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Paying off mortgage
Hi all..we have a mortgage and have 15 years left topay...we are not on a fixed rate and its an endowment. We are about to receive a significant amount of money (to us anyway) and its enough to clear our mortgage. Should we do this and be mortgage free or should we pay some of it and put the rest in a high interest…
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Endowment redemption fee
Well we've got over the freehold/leasehold bit and now we're struggling with an endowment plan.To condense:We took out a mortgage for £19950 in 1987 with the help of a top up mortgage via Royal Life for the balance i.e £2195.We are now selling and our solicitors have received figures from both mortgages reference…
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Pay lump sum onto mortgage or put in high interest account?
hi all, my husband has just won a large sum of money through spread betting and we're wondering how best to 'use' it (I have my own ideas!). Basically we were wondering whether we're better off paying it towards our mortgage, or whether it would be better to put it into a high interest account until we decide to move…
