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do i have to have details for years ago to claim?
I have an endowment policy from 1990 with Standard life. I'm still paying it although I have now changed my mortgage. I have had letters from them to say there will be a short fall, do I want to top it up, which I can't afford. So i've just continued paying it. Can i claim for being mis-sold the policy. And also should i…
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loan protection
Hi I signed a letter from a company to claim paymrnt protection missold to me, all they did was send 1 letter to the building society and then I dealt with the society myself filling in all forms etc, the comensation was paid directly to me against my loan, they are now trying to claim 25%plus vat do I have to pay this?
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getting a mortgage with parents?
hi, im hoping some one can clarify how this works. a few friends have taken out mortgages with their parents, i have asked them how it works but they dont seem to know! -presumably their parents fa's dealt with it all.... my interest in this is that my and oh's parents have the ability to obtain a 95 (maybe even 100?%)…
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2 mortgage deals - can't decide??
I am stuck between 2 mortgage deals, one is a tracker and the other is a fixed rate. Any advice would be great. Option 1 6.04% fixed rate until 2/11/2011 £399 arrangement fee which can be added to the mortgage £150 reservation fee which needs to be paid on application Free valuation and free basic legal costs Mortgage of…
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Mortgage Misery-Help save our home!
Dear All, HELP! I feel I will have to give up my beloved home due to poor health and end of fixed rate mortgage. I have been unable to work for the last year due to ill health, I am claiming incapacity and disability benefit. However, as I have a mortgage the benefits people will not help me with mortgage costs they only…
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Shared Ownership mortgage with defaults
I have found a property i really like and want to buy at a good price! My credit isnt the best altho not the worst either! i have 2 defaults one for only around £100 in 2004 and other in jan 2007 for around £500. The apartment is £120,000 full and I would be buying 50% of it at £60,000. The housing company is paying 5%…
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Buy to Let Mortgage - how does it work?
Hi guys! If u are to get a BTL Mortgage with 75% LTV, is it 75% of the purchase price or the valuation amount? I'm looking into BTL investment (i know some of u might say im mad but im only doing some research for now). Anyway, here's a situation... if i bought a house (below market value) via property auction for £80,000…
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godirect.co.uk oneaccount
i'm considering a one account, I have lots of savings so it works out cheapest and has the lowest arrangement fees, £200 valuation + £330 arrangement fee. godirect.co.uk offers £100 cashback, bringing the fee down to £220, has anyone taken advantage of this offer ?
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Moving abroad for work at same time as mortgage fixed rate ends...
Hello all, I've been offered the opportunity to work abroad for six months, but this is causing some mortgage problems. I've been researching other posts on consent to let, but haven't found any similar posts. Briefly 1) I will be abroad for an initial six months, then probably return home, but my be offered an extension…
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joint mortgage problems
I took a 125% joint mortgage out with a friend 2years ago, with both of us owing 50% each. After the 1st year they moved out of the property and have paid nothing towards the mortgage or the loan since. I have recently approached them asking them to pay their share of the loan off and also sign the property over so that it…
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Extra Mortgage payments or pay into an ISA?
I have 20odd year mortgage, 5.37% fixed for 10yrs, I can pay off an extra 5% of the outstanding loan each year. Although I couldn't afford to pay the max of £5K per year extra, £2-3K p.a is possible. I am wondering if my money would be better served in an ISA, then pay off a large chunk when my current 10yr deal runs out!…
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Renew Mortgage advice with Alliance and Leicester
My mortgage is due to be renewed at the end of October, i had put a post recently about losing my job and was given advice that i'd need to stay with Alliance and Leicester as i'm not working. I have contacted them last week and they gave me some options but all with a 2% product fee added to the mortgage which would be…
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Repayment to Interest Only
Hi, Just registered, had a quick scan but couldnt find any particular answer/guide. I was looking to move my mortgage with SPML (Capstone) from a repayment to interest only in the short term, but was told that their policy is not to let customers change their mortgage type. Is this generally the case that mortgage lenders…
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mortgage fees
Has anyone else been charged a fee by a mortgage company to see a copy of the building insurance to check it over. This happens every time a building insurance comes up for renewal.
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Should I surrender my endownment and manage the money myself
Edited........Info incorrect
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Borrowing strategy
Hi all, First post, be nice. My fixed rate is coming to an end and I'm not sure how to proceed. These are the facts Outstanding mortgage £132k House value (conservatively) £140k Savings £Not that much Other borrowings £0 So my main issue is LTV. When I took out the mortgage 2 years ago our joint income was £30k. Thanks to…
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??
Can my husband get income protection against redundancy on a zero hours contract
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Re-mortgage, but Im now on Maternity Allowance
Hi, our mortgage is up for renewal in January, we are currently with the Abbey at 5.4% so we are going to have to pay more - but I am now on maternity pay, and before this I was newly self-employed. So surely we are going to have to just stick to Abbeys variable rate as my income is now so low we wouldnt be able to borrow…
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Mortgage Valuation Fees - can I claim the difference back?
Hi When I completed an application for a re-mortgage I was asked for an estimated property value. I gave £205,000 as this was a recent Estate Agent valuation. The mortgage company's surveyor valued it at £195,000. I don't have aproblem with his valuation, however, one of the fee thresholds for valuations with the mortgage…
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Releasing Equity for a Business
My wife and I have been offered the chance to buy a business. I know the business well and work for them now so I am certain the deal we have been offered is a good one and we'd really like to go for it! The trouble is, we need to raise £55 000 to buy and don't have the money, though there is approximately £200 000 worth…
