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offers
i ve been to the bank and want to borrow against the equity on my house now after paying of my credit cards c&g have said they will lend my the money and will get an offer in about 2 to 3 weeks is there anyway of them changing they minds if i spend £ 1000 pounds on my credit card please need urgent advise on this.
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One account mortgage
For a few years I've been considering changing to a "one account" mortgage. Having entered the figures in the online calculater, the result shows that I could clear my mortgae 11 years early (have 22 years left) provided I maintian or increase the payments into the account. Whats the general feedback on this type of…
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Anyone point me in the right direction?
Basically I need to know what cover is essential for my mortgage. I currently have my ASU/ASR cover, my mortgage life cover but I've also got a Income Protection Cover which I'm not 100% sure is relevant. The Mortgage Life cover is with Friends Provident as is the Income protection cover, the ASU/ASR is with British…
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Can I have a £1 mortgage?
I intend to pay off my mortgage this month, but will be charged a £90 penalty for paying it early.Does anyone know if I can repay it all except for £1 to avoid the charge. (its not a lot but I would rather keep it than give it to them) I know that it used to be normal to do this, so that the Building Society would keep…
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Joint Mortgage/Sole ownership
Hi all, I have a problem with our mortgage being in joint names but the house only registered in my husbands name. If I want to leave the property is there any way I can transfer the mortgage into his sole name? Im not optimistic as Im the sole breadwinner. We re-mortgaged in 2006 with GE (silly I know) and they did it…
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Mortgages with Abbey National
My dad took out a mortgage with Abbey back in 85, around 1990 my dad did not alter his standing order sand the interst rates had gone down and therefore my dad was ahead with his mortgage. He soon recievevd a letter from Abbey National stating that at this rate his mortgage would be paid up in 10 years (2000). He was made…
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Alliance & Leicester...the next Northern Rock ??
Hi everyone, Just a quick question if i may, for those more "savvy" to the UK financial market place. I am looking to remortgage as my current deal has finished so i am onto the Nationwide variable rate. I am looking for a 2/3 year fixed or capped rate so was looking at a deal with A&L who i have my current account with.…
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Offsetting
My Current Account and Mortgage are both with Intelligent Finance (IF), using their offsetting facility so instead of earning interest on my balance I don't pay interest on an equivalent portion of my mortgage. Therefore I've been using my current account as a savings account, keeping everything in the same account so it's…
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we want to be 2nd time buyers but don't know if its possible?
Apologies in advance for the dumb questions to follow... We have had our house for 2 years on a 3 year fixed rate mortgage. The house was bought for £90,000 with an £80,000 mortgage. We have been valued at £120,000 and are interested in houses at approx £150,000. We pay £500 per month mortgage and are hoping that we could…
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Borrowing money from mortgage
My husband and I have a mortgage for 49k and the house is now worth 120k. Is there any way we can cash in on that extra money without having to move? The reason being, my husband is a builder and he wants to borrow 50k to buy land and he will be able to pay back the 50k in approx 18months. We want to know the cheapest,…
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% of monthly income on mortgage
Dont know if this has been asked before but what % of monthly income should be payed out on a motgage. I thinking of a sensible figure not the maximum.
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Advice about a mortgage
Hi Just want some advice really. Want to get out of rented. Been in the same flat for just over 3 yrs. Never missed a payment. Have recently gone self-employed. Have invoices so can prove my income. I am still financially attached to my ex-husband who has done an IV. I don't have a very good credit rating due to this. Is…
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ownership joint/mortgage sole
Husband is applying for mortgage in his sole name due to me being a full time carer for our disabled baby and therefore having no income as such in my own name (other than the pittance carers allowance I receive) and also because I have a couple of late payments from last year that are clear now but still show on my credit…
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help ftb please?
annual income from salary & working tax credits £25k monthly loan commitment £185 has 5 years remaining mbna credit card balance of £1744 paying off as much as possible per month deposit £6k price of 2 bed houses around here £125k credit scores with equifaf were 377 for hubby and 407 for me we are up for looking at a…
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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…
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mortgages and bankruptcy
I'm due to be discharged from my bankruptcy in May, we have our own home with a mortgage and my partner had been able to purchase my interest in the property. We hope to be able to move, does anyone have experience of getting a new mortgage in this situation? Thanks for replies.
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Advice please - which lender for our situ
Hi New member seeking advice please.... We are looking to take out a £125k interest only mortgage over 25 year period - this is a 40% LTV ratio. We are initially looking for a 2 to 3 year deal as we anticipate being able to reduce mortgage by £15k lump sum in couple of years at which point (depending on how disciplined…
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Advice needed please...
I have a mortgage with C and G , with 190k outstanding , i had some problems and went into arrears to the tune of 5k which i still on the account , im on a monthy arrangement and paying it , I want to downsize and have been offered 232k for my house , i have seen a house for 180k , I just wondered will it be difficult for…
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Shared Ownership for a ex-bankrupt?
Hi All, Can anyone advise me if I stand a chance of getting a SO mortgage? I'm 28 and have been discharged from bankruptcy but am getting fed up of renting. I have seen a property that iminterested in which is a 50% share. i have a 15% deposit (thanks mum!) but reading other posts on here it looks like not many people are…
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Advice please – could I get mortgage now or should I wait?
self-deletion
