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yet another end of fixed rate question
I recently posted that we were coming to the end of our 5-year fixed rate with Nationwide.With another 5 years to go The outstanding balance is estimated to be £19,000. We have been offered 2-year and 3-year fixed. Would it be better to take the 3-year fixed and finish the mortgage then or take either the 2 or 3 year fixed…
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Reducing term but not changing deal?
Is it possible to reduce the term of my mortgage without changing deals...I have 5.99 fixed till May 2010....and I just wondered is it possible to reduce the term without changing deals....and paying ERC....?
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Advice - putting my name on partners mortgage
Hi, my partner and i bought a house 2 yrs ago this october. The mortgage is solely in his name as when we did the credit checks prior to applying i found 2 CCJ's on there. After checking them out we found that a previous partner had put a phone package and a credit card in my name. As the CCjs were granted in my absence (…
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Remortgaging time and need advice
Hi all Remortgaging time has come around and payments are going up!!! I am currently with Chelsea Building Society. My current rate is 5.19% repayments are £377. I have 8 years left and £30,000 to pay. I have been in touch with Chelsea and they are offering the following: SVR = 7.24% = payments of £430 2 year fixed at…
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Help needed with mortgage
I'm after a bit of advice really about what to do. We are just about to put our house on the market as we are planning to move. We are putting our house up for £185,000 we have a mortgage of £100,000 and a £7,000 further advance. The house we would like to buy is on the market for £300,000 and we wouldn't want to pay more…
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Can I get 1 93% LTV Re-mortgae?
Am trying to do some comparisons but any time I use an online calculator they have a fit because I want to lend over 90%. I'm currently with A and L who recently gave me a 'ported' mortgage on the SVR to run alongside my fixed deal that ends in November. Now I want to remortgage the whole lot onto one deal. They lent me…
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Do maintenance and tax credits count as income?
I need to get a £48k mortgage but earn very little (approx £5k) Do lenders take maintenance and tax credits into account? Thanks
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help
hi i need some help please. i have arrears on my two mortgages which i hope to pay off this week. {parents} however i have very high charges because of the ccjs {£35 per letter/call} and i was wondering if anyone can help me cause at this rate i just feel like giving up. i have both houses rented and can just about afford…
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Trouble ahead??
My current mortgage deal with the Nationwide is due to expire in December. Due to circumstances beyond my control, I have had to change jobs and my salary has dropped massively from what it was when I originally applied for the mortgage 2 years ago. I am very worried about impact the drop in my salary will have as I guess…
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Mortgage Advice Required
Two years ago I took out an £85,000 mortgage and I also have apersonal loan of £25,000 which was used for various things such as replacement car and jobs on the new home. Whilst I have been paying these quite comfortably and hopefully continue to do so, I was hoping someone could offer advice on changing my finances. My 2…
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What would the fastest timescale be?
What would the fastest timescale be on applying and getting accepted and having an offer? after an offer what is the timescale for the lender actually releasing the funds?
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Self employed, wanting to borrow 5.25x income
Ok, so the title might seem a bit excessive, but here is my situation and i hope someone can recommend something for me. I want to buy a house. valued at £500k. I am selling my house in a private sale (to a family member) for £250k, and I also have about £100k in savings. I dont want to use all the money as a deposit, and…
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Alliance & Leicester minimum notice period to release mortgage funds
I am in the process of moving, completion was meant to be Friday 8th July, but it looks like the purchasers solicitors haven't applied for the release of the mortgage funds... despite the fact they knew this date a month ago! Does anyone know what the A&L minimum notice period is?:mad:
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Re mortgage - adverse with arrears..
hi all, well after a long break im bck.. situation has changed drastically in last 6 months and things have gone a lil pear shaped .. id like to mention this before anyone feels the need to make unhelpful remarks.. one thing after the other and my finances have come crashing down and sprialled out of control! but im on top…
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How long do I have to take up mortgage offer?
My fixed rate mortgage ends in 2 months - I'm tied in to Nationwide's products as I have another mortgage with them. They currently have the 6.18% 5 year fixed rate deal with no fees, which sounds ok, but who knows what'll happen to rates in the next few months?! So... if I reserve this product now, and they send the…
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Scottish Provident
I have written to Scottish Provident complaining that they have failed to perform. I have a 1984 endowment and it is going to be £1250 short. They are telling me to complain to the FSA but I feel my complaint is with them. Many similar companies have out-performed them. Their replies are terse. Has anyone else had any…
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Fill me in guy's i know nothing...
Hello i have not been to the board before. i am going to be buying a house next year. summer/sept time. i dont know much at all about mortgages. i will have about 25k deposit. The problem is although i am employed full time earning about 25k sure money a year (i get extra however cannot count this as it is as and when…
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"Real" Mortgage Cost Calculator
Hi there, now then, I've been googling for a couple of hours now, looking for a calculator that takes into account all the fees lenders charge as well as the interest rate. I'd also like to be able to show a split (part interest, part repayment) as we have some money due in the medium term that will cover half the…
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Parents want to donate money to help child get on the property ladder
I don't know if it falls under the mortgage thread so feel free to move if it's in the wrong section. An elder friend of mine (he's 61) is planning to help his son get on the property ladder by donating to him a large sum of money to go towards to the house. He himself does not want any ties to the property or the money so…
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Would this make any difference to our remortgage?
Hi Everyone I posted this originally on the mortgage free wannabe thread but was advised to post it here to see if anyone could offer any advice (so please don't think I'm being greedy by posting twice!). I have read and researched the relevant articles on here but I'm not 100% sure that I get it! Anyway, here goes.... We…
