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Northern rock - srv
currently sitting at 7.49. Does anyone expect this rate to change in 6 - 12 months. If so what way?
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Any experience of finance finder?
Wondering if anyone had any experiences with finance finder and whether they are positive or not! I have been having some problems with them and wondered if it was just the current climate or if Im getting a poor service. Im on tenderhooks, will it or wont it be passed by underwriter, gave a date which comes and goes,…
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SVR or remortgage?
Hi, i've not done this before but here goes. I'm unfortunately coming to an end of my 2yr fixed deal of 4.99% which I believe is a tad early as I didn't move into this house till Nov 3rd 2006, but C&G say my fixed deal ends at the end of Aug 08? I think that is a bit below the belt as I won't have paid 2 yrs of mortgage…
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Morgage Porting Advice & Help
Hi Folks, I am new to this forum and this is my first post. Thank you in advance to anyone who offers me any help or advice :) I am looking to work out what my options are in terms of mortgage porting, specifically in the case of self employment. My facts:* I have an existing mortgage at a rate of 4.19% on £195k (valued at…
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Pay off or not?
Hi to all, and hope someone can advise; We have a part and part mortgage, we owe about £37000 with 6yrs left to run,£ 22800 is on an endowment which will fail,[ have been compensated thanks Martin!] there may be a shortfall of anything between 4000-6000£ We will have savings to make up any shortfall, our current payments…
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Mortgage whilst on 12 month contract
Later this week we have an appointment with an independent financial advisor through mychoice homebuy scheme. With this scheme you can take the mortgage from any high street lender. My main question is, are there any high-street banks that would consider my income whilst on a 12 month contract? We have been accepted on to…
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Hips surveys
Hi there Bear with me I'm a newbie, and hope not to be duplicating a thread! We have just started the process of selling our house. (Not the best time I know) And have had 2 Estate agents round so far, for valuations.(Valuations £30,000 apart) We discussed HIPS, and they both quoted approximately £350- £450 stating that…
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Halifax Decisions
I have applied for a mortgage with Halifax and they provided an agreement in principal prior to proceeding with the full application. They have since been "faffing" around getting employment references from both myself and my wife's employers...despite providing them with the last 3 wage slips. They have now instructed the…
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mortgage deal ending advice please
Hi all, I am sure you all get sick of posts like this and I have tried to find information on here but am a bit lost now. We currently have a 3 year fixed deal with C&G at 4.59%, went through a financial advisor and applications have been denied basically new lenders are saying we dont own enough of our home or earn enough…
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How do you calculate mortgage interest
Hi. This has been puzzling me for a long time and I need to clear it up as my fixed rate is coming to an end in Sept 2008 and I may need to look at other alternatives in paying off my mortgage. I took out a 3 year flexible fixed repayment mortgage with the woolwich in sept 2005 for £90,000. The monthly repayments are…
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Help! Urgent advice required
Hi, Looking for some advice on our mortgage. We have had an offer on our property of £160 K. We owe £127 k on it. The property we want to buy is £260,000. Our current mortgage is with Northern Rock but the deal ends on October 1st. Payment per month was £750. NR have offered us a mortgage on the new house but the rate is…
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Reserving a mortgage
Hi Hope this is the right place to post this as I'm a first-timer. Our 2 yr fixed rate mortgage came to an end in July and after looking around and getting some info from this wonderful site we decided we were happy to stay with Nationwide. We reserved a product to start 1st Sept - 6.58% for 5 years 90% LTV and no fees but…
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Already thinking 2 years ahead and things don't look good!
Hi, Ok, bit of background. Went bankrupt in Sept 05, discharged Feb 06. Remortgaged with a sub prime lender (DB Mortgages UK) last August, house valuation at that time was £175k, mortgage taken out was £166k on an interest only basis. Fixed rate for 3 years, redemption penalty if paid off during that time is £9k. Rate…
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How much can we borrow?
I'm getting different view points from different people as to how much we would be able to borrow. I've used a lot of the mortgage calculators and they all vary enormously. Husband basic salary = £25600 Husband commission = £25000 My salary = £20005 We would ideally like to borrow £160k on a 200k house, putting down a 40k…
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Which Lender
Hi All, I am about to apply for a mortgage and have narrrowed it down to a fixed rate from the following lenders; Nationwide Cheshire Building Society I was just wondering which one is the most fussy? We have satisfactory/good credit rating and a estimated LTV of 75% but I know being refused a mortgage can have a detriment…
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Mortgage in principle
Our IFA told us that we had a 'mortgage in principle' about a month ago, and the house buying process is taking what seems like forever (going through MyChoice homebuy is not as quick as they say!!). Is it likely that any mortgage in principle will still be given, or are mortgage lenders getting even tighter now? Trying to…
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Am I up the creek without a paddle !!!!!!!!
At the mo we have a 124k mortgage with a company through the mortgage provider. We got into alot of debt. Still have about 20K with egg for which they put a charging order over the property. We are paying back £62 a month. Have CCj for about 25k which has been settled but is obvoiusly still on our file. My worry is whether…
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Mortgage Applications
I am in the process of selling one property and buying another - we have a joint annual income of £100k and a £105k deposit to put downand are looking for a mrotgae of £235k We are arragngng our mortgage through broker - Moneyquest - it has now taken over six weeks. Three weeks ago we were advise that the mortgage was…
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What mortgages are available whilst on a DMP?
I've been on a DMP for a few months now and since starting my mortgage in 2007, I haven't always paid exactly on time. Obviously, given that I'm on a DM, my credit score will be bad. My current mortgage deal is killing me. It's with Leeds Building Society. I pay £497.78 a month interest only :eek: . To redeem the mortgage…
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Border
Hi Can somebody give me some advice? I have an Endowment policy with Standard Life. It was taken out over 25 years and has 7 years left to run It has a predicted shotfall of £24,000 a current levels of growth I pay £64.70 per month into it We currently owe £57,000 on the mortgage with seven years left to run What options…
