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August MPC Meeting = Base Rate HELD at 5.00%
Dont know if this is good or bad. I was expecting a 25 point rise myself.
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Northern Rock - payment holidays - do they still offer, advice?
I wanted to know if since the NR crisis if anyone has managed to get a payment holiday of say 2 or 3 months? Our mortgage is all up to date (we've had it for 3 years) and even with the price drops in house prices we've still got about £60k equity in the property. We want to do some home improvements so hoped we could take…
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Mods please delete
n/a n/a n/a.
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Nationwide rate cuts tomorrow + no fees
Hi Folks, Just off the phone to nationwide. I was going to switch to there 6.18% 5yr fix. Very pleasent girl informed me that Nationwide are reducing all fixed rates and trackers by an average of 0.2% from tomorrow and removing all £599 fees altogether. 5yr fixed from tomorrow therefore is 5.98% and no fee. Finally…
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First Time Buyer looking for some help
Hi, I am a first time buyer that is looking at starting out on the property ladder. My annual wage is £25,000 and the only monthly outgoing is a loan for £157, this will be paid off in three years time. I am hoping to have a deposit of between £15,000 and £20,000. I would like to wit about 6 months, as hopefully prices…
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Transfer of Mortgage
Hi all We curently have a mortgage with C+G. £120000 with property worth about £180000. At present we are on variable rate with C+G of 7.00%. What I'm looking for is info on how to change to the same lender but a better deal. I have sen a DEAL for plus .99% for the length of the nortgage. The points im not sure on are as…
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overpayment or ISA investment?
Can anyone please advise on the following. I have a part and part mortgage which means at the end of term I must pay a lump sum. I have an ISA into which I put savings towards this lump sum. I am seeking tips on the advantages/disatvantages of this, for example would it be wiser to use the money as an overpayment on the…
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Unit Linked Endowment - Re-assurance????
Money Saving People, I am after a little guidance after receiving my yearly statement today from Guardian. I have had a Unit Linked Endowment Policy with them since August 1990 which is due to mature in 2015. I moved house in July 1998 and 3 months later took out a New Mortgage on a Repayment basis therefore using the…
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Bad Credit Mortgages
Can anyone recomend a company or has had a positive outcome from any specialist who can arrange a Poor Credit mortgage? Thanks!
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mortgage nightmare
:think: Has anyone got any advice on the following please? My partner was made redundant and we could not pay the mortgage so we contacted the mortgage company who said we could pay the minimum payment but would have to pay the rest back. Partner has now got a job and we have paid the last months payment but are still in…
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Keep endowment or not?
My wife an I each have an endowment policy with Standard Life. His due to pay out in 2024, on target for £60000 (£117 per month). Her's due to pay out in 2022, on target for £38000 (£73 per month). Neither of these are linked to our mortgage which is now fully repayment. The endowments were from when we each had flats as…
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Four Years to Run Endowment (and Unemployed)
Hi to All Users MY sister has and Endowment Mortgage ofr £43000 which is due to end in 4 years time (taken out with the Woolwich) and the project for the enwment is that she'll B lucky if the policy pays half the amount due. Unfortunately, she is unemployed and is not likely to be able to return to work as her son is…
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Remortgage Worry (Contd...)
Hi, this may be moved but it continues on from my query about my forthcoming remortgage when herbiesjp advised that I should get a copy of my credit report. I have a copy from Equifax and Experian and wondered how I go about sorting it out. Most items on it are over 6 years old and others are ongoing (mortgage, phone…
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Mortgage Or Remortgage
My father has agreed to sell me a property for a decent price,i am unsure whether it is better for me to get a straight mortgage or get the deeds into my name and remortgage the house against the value of it.
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Seeing a mortgage advisor tomorrow, advice needed
Hello, I'm seeing a mortgage advisor tomorrow, as I want to be in a stronger position when negotiating our purchase end of year / 2009 and have a mortgage offer in place or at the very least an agreement in principle. The guy has been recommended by family and is an independent advisor. Is there anything specific I really…
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Life Insurance with mortgage....
Do you need to have Life insurance if you have a friends mortgage?
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Running two mortgages - getting agreement
We're selling at the moment and along with most people are having difficulties finding a buyer. Our mortgage is with Woolwich/Barclays. We have a mortgage in place ready to go for the new property with IF. Due to move 29th August and thankfully for us we can afford to keep both mortgages until our old house sells. We also…
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Ferro Finance UK Limited
Has anyone else had their mortgage accounts taken over by Ferro Finance UK Limited? I had a mortgage with Advantage, who were owned by the Morgan Stanley Group, but now my account is with Ferro and Crown Mortgage Services run the admin side of things. Just wondered if anyone else knew anything about them and who owns them…
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How much do we need to save up?
We have recently self-built and have a mortgage of £152k on a house valued recentlyat £325k but probably realistically worth £300k in present climate. House next door is a holiday let-almost identical to ours-which lets at £500-£700 per week approx 20 weeks a year. We want to change our residential mortgage to a buy-to-let…
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further info required for application
have just spoken to my broker who says solent require further info from me. I do understand why they have asked for a couple of things but dont know why they have asked for the following.. dates of birth of any dependants account numbers of any financial commitments why do they need this info and what can they do with the…
