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Help, Is my money safe?
hello, can anyone please tell me if my money with Barclays bank is safe? I have £80,000 offset against my mortgage, I have 5 different pots ie. sisters fathers brothers mine ect. I know im insured for the first £35,000 but is that the same for offset savings. Thanks.
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Should we port mortgage and buy a house now?
Hi :hello: I have been mulling things over for a while but with the current climate am wondering whether we should proceed with our current plan :confused: advice without sarcasm would be much appreciated. The situation is this..... sold current house (about to exchange) this has a 10 year fixed mortgage on it of £123,000…
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Help Remortgage Hell !!!!!
Sorry to waffle but it reads like a novel so will have to split it down into sections I'll understand if there is no-one to advice but this really is the last port of call having tried every avenue:o Thanks in advance Helen
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Do we don't we will we wont we?
Right, our mortgage (Nationwide) comes to an end March 31st 09, question/s when should we look to secure another? Should we wait to see if rates fall? Will we get one? House value 260k Outstanding Mortgage 18 yrs 110k 5.14% 2 yr fix Credit card debts (by March) 4.7k (interest free) Unsecured loan 3k, 2.5 years left. Never…
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Help Remortgage Hell !!!!!
Need Help and advice but unsure where to start and how to make a very long story short still including every significent detail and event. To tell exact events would take forever to read and it all still confuses me. I wouldn't ask but have really never heard of or come across what's happened to us before and we don't know…
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Endowment to repayment?
I have a endowment mortgage with Prudential which ends June 2017.I have an amber risk of a shortfall and am thinking of moving from the endowment to a repayment mortgage.I have had valuations on my policy and thought that if i sell my policy that i could use that to reduce my mortgage overall.The mortgage provider is…
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Advice required with tricky situation
I hope you guys can help with some advice on my current situation. My wife and I live with her sister and sister's husband. The property is owned jointly by my wife and her sister. As you can imagine it is pretty hectic, so we are looking to move on. The property was purchased in the early 90's (£73,000 ish). The problem…
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Overpaying mortgage
Can anyone explain this ? Most months over the last couple of years I made a capital repayment on my mortgage, but the lender (C & G) then introduced a fee for this, so I changed to making overpayments with my monthly direct debit for no fee. However, I rang today to do this for the second time, and although the…
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Phoenix Endownment Policys
I have 2 with profits policys due to terminate in 2010. With all the financial goings on at the moment i am seriously thinking of surrendering both of them now. I have been on 3 selling websites and no one can match the surrender value. Also i have heard that the surrender value given to me on 16/09 could be different when…
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Bridging Finance
Can anyone recommend a good company for bridging ? Clients need to raise £350k against a £900k purchase price. Money needed within a week. They have already paid a deposit, and although I have applied for a mortgage for them, there is no way the lender is going to come up with the cash within a week. I have not done any…
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We need more money,where to go??
This is probably a really stupid question. We current;y have a mortgage for £150,000 on our house worth about £290,000. Our fixed rate will end in a year. We need to borrow about another £30-35k. Do we have to go to our current lender and increase the amount we owe or can we get a seperate mortgage elsewhere. I think not,…
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First Time Buyers!
Hi, My fiance and I have found a lovely house and have had an offer of £105500 accepted. It is a part exchange property that is being sold by a developer and is an absolute bargain! We have a deposit of £5250 (5%) and the developer is also giving 5%. So we need a 90% mortgage. I would be grateful if you could give me some…
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Mortgage Rate Tables
Hi all, Does anybody know of any website that gives a table showing upto date mortgage rates? Or the best comparison site to use? The comparison sites i have used so far have asked i fill in all the questions and then at the end says that someone will contact me! I dont want that yet, just want to see rates in a table of…
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Mum and Pa mortgage
Hi there I was wondering what the typical maximum age is that mortgagees are happy to lend to? My mother (56) and father (58) fully own their own home and it is worth approximately £100,000 - £120,000. However, in the next couple of years they would like to move but are looking to buy a house in the region of £150,000. For…
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Fixed Rate Mortgage, with fee or without?
Hi, I am currently looking at a new mortgage deal as my last fixed term is very shotly coming to an end, but am unsure of which deal to go with. Given the current climate I prefer to just commit to a 2 year fixed mortgage. I have seen the following deals: 5.58% (£1995 fee) 5.68% (£995 fee) 5.78% (£495 fee) 6.18% (no fee)…
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NR - Together mortgage - question??
The mortgage is £71k and the unsecured loan is £8.5k. Both have the same rate 6.19% until it ends soon when we go onto the 7.49% SRV. Is it possible to overpay on the loan ONLY as its £176 in interest per month?? Any help appreciated? I note that if we change lender they will add another 8% to the unsecured loan. I'd…
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Mortgage repayment offer
Hi all, I moved from abroad 2 years ago and after research (not enough!) and government reassurances I bought a house. I was an idiot for believing Brown (wish I could sue him!) that all was well (no more boom and bust etc.) but I could not find anywhere to rent and I was desperate. Now my circumstances may change, and…
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A Plea for help... Remortgage advice- can you advise?
hi, this is my situation i know what i have to do but i am not 100% sure on how to do it. i need to remortgage :( in december of 2006 i bought a flat for 107.5k and i had a 10% deposit and went on a interest only tracker mortgage which has a 2 year interest only period which ends in december 2008. i have not missed a…
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Endowment Final Bonus
hello i was wondering if anyone could offer advise concerning a final endowment bonus. I have a policy due to mature June 2009 and have been informed by the insurance company that a final bonus will not be paid on my 16 year policy when it matures. However a final bonus will be paid on a policy that is only for 10 years.…
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Mortgage Company Fails - Would you have to find your mortgage - £35k? to keep house
If my mortgage company failed, would I have to find someone to loan me my mortgage - £35k the govenment would give me? Basically I am wondering what would happen if my mortgage company was to fail. What would the govenment do, and what would I have to do to keep my house? Does anyone know? cheers, caroline
