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LIBOR rates
Hello Can someone help me with working out what rate LIBOR + 2.15% would be? I keep hearing LIBOR is stubbornly high but he best I can find is that LIBOR + 2.15% would be around 4.95% (3 month LIBOR from <http://www.bankrate.com/brm/ratewatch/other-indices.asp> ) Is this right? If so its a better rate than I got 2 years…
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Mortgage company won't need salary info...
...so says my IFA. Is this correct? I collated all my Husband's salary details, details of our outoings etc only to be told that because we have a 58% LTV, they won't need this info. I am scared something is going to muck up. Is he right? He hasn't chosen a lener or specific deal for us yet, he is talking in general. My…
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Norwich Union we've overpaid on policy loan
Hi, We have an endownment policy with Norwich Union. In 2001 we took out a loan against this policy for £3,700. I set up a S/O to pay them £50 per month which was to pay for the interest only. We received a letter from NU recently about our loan and that the interest charge for this year would be £342. It's only then I…
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Re-mortgage before i move, in 2 years time
Hey, I currently have a mortgage with the Halifax with £43,000 outstanding balance. I'm currently on 6.04% (+1.04% base rate) but this is due to go to the SVR of 7% in less than 2 months time. I shall eventually be wanting to move my mortgage to a cheaper bank (HSBC currently for me). That is not possible at the moment…
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Halifax grades
Hello, and thanks for any advice in advance! We've got an agreement in principle from the halifax and have been scored a B. what kind of info is usually requested for grade B?
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co-op mortgage referred
My partner and I have just been accepted onto the ownhome scheme and have been in touch with co-op to secure a mortgage. As I am on a 12 month contract, they will not take my income into account, so my partner had to make mortgage application in his name only. This was done yesterday and he was told the application would…
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Advice needed on this scenario...
Hi all Could anyone please advise us on how we would deal with this scenario. We're looking to put our house on the market soon,but already have one eye on a property we quite like but the owners are moving abroad later in the year. My concern is that we want to buy that house but would not yet have sold ours.Obviously we…
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Borrowing against pension.... is this possible?
Advice appreciated from anyone in the know. Wifey wants a divorce which means house will have to be sold and I will have around £50k from proceeds. I am almost 50, earn £19k a year, and the cheapest house in area is around £125k. I guess I will only be offered a 15yr mortgage which means the monthly repayments will be…
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Advice neede
Hi all, Past few months I fell into Mortgage arrears with Northern Rock. (£2,500) I can now afford to pay monthly mortgage with a little bit extra £50 a month for arrears and told NR who seemed ok. However NR have just served a writ on me (Scotland) and it appears they want to evict me and sell my flat !! Surely they cant…
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mortgage booking fee
Can someone advise me re my booking fee? I was quoted a fee of £399 for a booking fee (with my existing mortage - 2 yr interest only mortgage came to an end) & 3 weeks later when i went to complete the application the fee had changed to £799. On the day I had to accept this change due to the time constraint but I've…
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3K Spare - Mortgage Overpayment or what?
Hi guys, Mainly just looking for a bit of advice here. I have £3,000 spare and am trying to find out what the best thing to do with it would be. Currently the money is in a HSBC ISA. 1. Overpayment on the mortgage - 100% Fixed for another 18 months 6.25% 2. Save for some deposit on our next house? Maybe in 2 years. 3.…
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Heywood/ Rochdale IFA
Good morning .Does anyone know any whole market reliable fees free independent financial advisor for mortgage in heywood or rochdale please( OL10 postcode):o
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Worried Mortgage falls through last min
Hi After a hard fought battle i finally secured a mortgage with a lender. They have sent out an offer of a loan and ive recieved this and so has my solicitor. I did have to get a letter from a previous lender to state my mortgage was paid on time and forward this to them etc as due to come confusion my credit report shows…
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Swap rates - link please brokers
Someone helpfully posted a link to a web site which showed the swap rates recently etc and for the life of me cannot find it on any thread. anyone know where I can find it. Cheers
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Remortgage now or sit and wait a couple of months?
Hi All Our current 2 year fix with Nationwide comes to an end at the end of October so if we want to jump to another deal before going onto SVR then we need to remortgage in the next couple of weeks or so. However, from the odd comment Ive read on the internet and also some media reports (such as on Radio 1 news this…
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Mortgage Payment Protection
I am currently a stay at home mum & my husband works full time. Im reviewing our payment protection as we currently have it with the same place we have our mortgage. My question is, do I just get a quote for my husband as I am not working or do I get quotes for us both? We currently have a joint policy, but we got this…
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HBOS Staff Mortgage
How does this rate at the moment? I am remortgaging & have been offered 5.00% tacking at 0% for the full term No tie ins & no arrangement fees. Is there anything better out there?
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Use equity for next property or pay off credit card debt?
Help! I need your advice!!! We can't sell our property so are looking at renting it out. My current mortgage provider has said they can change the mortgage to a Consent-to-let, which is great. They've also said they're prepared to provide a loan-to-value upto 90% of the property which means we can borrow from them an…
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can I pay mortgage off early?
I am a first time buyer and am looking for a mortgage where in maybe 5-7 yrs I would like to pay it off completely. I am not on a super salary but will hopefully get a loan through my family rather than the banks. Will there be a fee or will they offwe poor interest rates because of this? Many thanks
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Are Remotgages Negotiable?
Hello I currently have a mortgage with Natwest & the fixed rate of 4.89% (ahh the good old days)! is up at the end of November. I rang them & they have offered me 6.34% fixed for 5 years. Does anyone know if this is negotiable?? As Nationwide are doing 5.98% If not, I obv will have to change lender its just that if I stay…
