-
Solicitors Fees
hi There Can someone give me an indication of what an average fee a solicitor would charge for a remortgage application? Just trying to do some sums. Many thanks Jag
-
would it be a good idea to remortgage now
First of all the facts: Bought house in June 2006 for £87,000 3 year repayment tracker mortgage with halifax now at about 6% and £500 per month which reverts to SVR in June 2009. Outstanding mortgage of £82,000 with an early redemption fee of about £1000 House "worth" realistically about £100,000 in the present market.…
-
Need help clearing things up pls....
Hi Guys, My house is on the market at the mo. We're hoping to get wround 195k for it. We bought it for 164k. My current mortgage is a fixed rate until 01.11.08. If we sell prior to this date then what happens about the mortgage and what happens when buying a new property? Mortgage is with Natwest. Im a little confused as…
-
Need advice on Flexible Mortgage (IT contractor)
Hi - I want to raise between 150-200k depending on the house (3 bedroom) - never been out of work and just started contracting through my own LTD company, currently earning £360 a day and projected to gross 100k this year (Accountany graduate, Microsoft qualified and 5 years experience with Blue-Chips) - Clear credit…
-
What size mortgage?
Wonder if anyone can settle this for me... Someone has suggested to me that for the £286 a month i pay in rent i could get a mortgage but does anyone know what size mortgage i would be looking at? I am young enough to have a mortgage over a 25 year term but the cost of my current rent is all i would want to pay per month…
-
Re-mortage help!!
I have been on an interest only mortage for the last two years and now the end of the rate is just around the corner 1rst of May.. Its with a subprime lender and i have had credit problems in the past, and now looking after my finances a lot better. Still having no luck with the high street lender. I have some equity on my…
-
Searching for a mortgage according to LTV
Hi there, Is there any way to search for a mortgage according to LTV? I mean say 85% or 90%? The reason why I'm asking is that numerous posts seem to suggest that there are better deals for higher lower LTVs and I'm just wondering about the best way to get 'em. Cheers. OWM
-
Raising a new mortgage on a property owned outright
Hi New to this forum and forums in general. Would really appreciate any advice on this though. An going to be buying a house with cash upfront but will be looking to raise a small mortgage on the property after I own it to pay back a family member who is lending me some of the money. Will I still need to get a…
-
Leaving my mortgage early
Hi, I have a mortgage which i took out oct 05 with northern rock for £97,000. It was fixed for 5 years. I will be wanting to get out of this mortage early and sell my house but i am tied to the mortgage for 5 years. I have called them today and asked what it will cost me to end this mortgage. They are sending me out a…
-
Going "self employed" soon, mortgage issues?
Hi all, Apologies for starting a new thread - I've had a poke around and have seen a nearly relevant thread but didn't want to hijack it.... I'm going to be setting up on my own with a Ltd company soon (am currently employed) and am worried about our mortgage borrowing potential, as we're young and are in our first home at…
-
What amount can we borrow??
We are considering moving at the moment but are not sure of the amount we can borrow. We have an existing mortgage of £94000 and our house should sell for £110000-£115000. My husband earns £25000 per year and I earn £9000 part time. He also brings home an extra £200 per month for regular overtime. We will be putting down…
-
direct line 5 year fixed has been raised..
it looks like my change of jobs has come just at the wrong time as i have to sell up and move to another part of the country. i had contacted direct line as i missed out on the first direct fixed deals, however as my house is not yet marketed i cant get a deal until i have got an offer on my house and then have found a…
-
can we buy that house???
My husband and I finally found our perfect home, we had an offer accepted but are really stressed out at the moment wondering if the banks are going to accept us for a mortgage.... please, help!!! I am self employed in my first year of business so I can not prove my income. Profit this year; £12000 My husband is employed…
-
Should I sell my endowment
Hi We have a 25 year endowment with Scottish provident for which there are 5 years left. Sum assured - 22503 Total bonuses - 17378 Redemption value today 36703 Forecast value based on 4% 49600 5.75 53700 7.5 58100 Premium £91/month I have had one quote to buy the endowment out at 38171 and waiting for aap. I have had a…
-
Remortgaging advice
I am a 50 year young, single disabled woman, living off benefits. My mortgage is very small, £12000 with 5 years left to run. I want to raise some cash and as I am sitting on £200000 of equity, remortgaging seems he best way to go. Any advice?
-
100% Mortgages
Who still offers these? Also... I don't mean to be cheeky... but can people keep their opinions to themselves... I just want to know who still offers them... I don't want advice, such as, save a deposit, the housing market it going to crash, dont eat yellow snow... Just the facts please! Thanks youuuuuu!!!!
-
My mortgage, can anyone help me understand
My mortgage with Yorkshire Building Society changes to £645.95 at standard variable rate in September. I understand the £645.95 but but not the standard variable rate part. I know it means it can go up and down but if things stayed as they are now, how much does that mean i will be paying in September? I cant afford to…
-
New mortgage whilst on maternity leave?
Hello, My husband and I are looking to relocate after the birth of our first baby in September. However, it just occured to me that if I'm on maternity leave my salary may not be taken into consideration when taking out a new mortgage or increasing our exisiting one. So therefore I was thinking we'd have to get a mortgage…
-
Moving to Self employed next year...what mortgage choice now?
Hi, I am a FTB looking to purchase a house in the very near future i.e this month. Currently employed full time. In the future(within 12 months) i am looking to open my own business and going self employed. My current mortgage options are 2yr/3yr tracker(on assumption , rate will go down) or go with a fix mortgage for 3 or…
-
Expired Mortgage Offer
Today i learnt that my mortgage offer had expired due to my new property not being built on time..now the reason i have posted is that smart people on here will be able to answer a couple of questions, which are, 1.When my financial advisor arranges me a new product/mortgage how long will this take???????,as the builders…
