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Anyone applying for a mortgage with Halifax or already have one?
Does anyone know what would happen if the bank behind your mortgage goes belly up?
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HSBC Valuation
Hello, I am having a mortgage on a property that is worth 120k for 50k with my boyfriend. The valuer has been and has recommended a damp and timber survey. My problem being that he has recommended this because of damp on an inner wall and fireplace. The wall and fireplace are being removed during a renovation programme. I…
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Right to buy mortgage
I am a council tenent in Scotland and have been for the past 5 plus years. I am a student nurse and dont have the best credit! I work part time with a monthly wage as well as nurses bursary. Is it possible to take out a right to buy mortgage with a parent as a Guarantor? If so, which companys do it? Thanks
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Failed mortgage application query
Hi all, wonder if any of you can help me with something. Myself and my partner have just applied for a new home with Persimmon on their 75/25 shared equity scheme. Their adviser said they only deal with Halifax and Nationwide for this type of scheme Halifax, we failed on affordability Nationwide we passed affordibility,…
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Lehmans and preferred morgages
I read in the Sun today that Lehmans are the parent co. of preferred mortgages. I have a 20 year mortagage with them that has about 7 months left of a fixed interest deal that I was going to change. Does anyone know how the present situation could affect my mortgage and should I move it now. If I do move it will I have to…
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Help needed - Mortage Interest wrong
I'd love some advice as I really haven't the faintest idea where I stand with this one. We're currently looking to remortgage and when the solicitor requested the redemption figure it shows about 4k more than the 'if you had repaid your mortgage on' figure given in the mortgage statement for July this year. We have missed…
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Mortgage deficit - cannot pay at end of term
We have about 12 years left on our mortgage, which is interest only, but have realised over the last coupl eof years that the ISA we took out to pay it off at its term end goes no where near what we need. We did the endowment thing and got a couple of thousand. Now I really need advice, we could change it all to repayment…
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Interest only v part and part mortgage??
I have posted before about swapping to an interest only mortgage for a few years til things improve!! Now we're wondering about moving to a part interest/part repayment mortgage instead so at least we're paying something off the mortgage. What are the thoughts on this - we'd be looking at either £230,00 interest only or…
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Mis-sold endowment time barring
HI, Sorry to start a new thread but thought this would get lost in main thread. Have only recently joined here and found how easy it is to claim for mis-sold endowment so put in a claim to Nationwide. It was rejected as time barred, we then wrote back explaining why we'd done nothing until now, and has been rejected again.…
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Mortage query
Im really not sure what to do : House mortage valuation at 185k Mortage needed 140,500 75% ltv mortagage = 138,750 offer from first active 5.79% 2yr fixed at 75% ltv but we have to find £1750 (which will mean going into overdraft). Overdraft fee £12 p/m or take higher rate 6.29% at 90% ltv but that is an extra 60 per month…
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sorry Endowment advice required
hi Folks, totally new to this Site, and its an "eye opener" my Endowment is not looking good, need some advice, here is the problem? St Andrew life assurance policy- now held by halifax part of my mortgage Matures in 2015 We pay monthly £117.24 The original target amount was £55, 710, we converted some into repayment 2…
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sorry Endowment advice required
hi Folks, totally new to this Site, and its an "eye opener" okay first of many financial problems is my Endowment is not looking good, need some advice, i will be visiting my IFA on the 19th for another route of advice. here is the problem? St Andrew life assurance policy- now held by halifax part of my mortgage Matures in…
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SPML/Lehman Mortgage
Afternoon All, I found out yesterday on here that Lehman own SPML, who in turn own my house - via mortgage. Does anyone know where I stand here with my mortgage? I am on a fixed rate of 6.29% until 31/03/09. Is it worth calling them? Will the employees be there to answer the phone?? Many thanks in advance
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2nd Charge on Property. Which remortgages are open to me?
Hi All, I will have to remortgage soon to stop me going on to lenders SVR. I have a 2nd charge on the property worth £6000. Does anyone know if i will miss out on the best deals for remortgage because of this second charge? I have the facility to pay that before remortgage or pay that off of my mortgage and thus get a…
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Standard Life Endowment protection Credit Crunch
Hi, Does anyone know if a Standard Life Mortgage Endowment Policy would be protected by the FSA if Standard Life were to go bankrupt due to the credit crunch?
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Interest only or Repayment?
Hi there, I am new to this so please bear with me. I am a single lady currently looking for a mortgage of approx £25k for a term of 14 years (up to retirement) with a LTV of 30% and I am not sure whether to take a Repayment mortgage (Offset Tracker with the Coventry BS at BBR +1.90%?) or an interest only with the obvious…
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Remortgage application raises problem for me
Morning all I am reviewing mortgage and considering purchase of flat. Discussion with advisor has highlighted a glitch in my credit report. A historical problem with a mobile phone company was resolved including response from their Chief Executive Office apologising and assuring any credit rating marks would be removed…
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Annoyed with lender
We have recently put a deposit on a new house and been given a 10% discount. We were placed on a homemover scheme and have actually sold our house. The lender indicated there would not be a problem with the additional funds but now we are in a proceedable position, they have declined!!! The mortgage required was £143k on a…
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Terminal Bonuses On Endowments
Has anybody ever received one of these in the last couple of years from royal life/phoenix--if so was it worth having. Reason for asking is, according to the paperwork that accompanies the yearly bonus statement, endowments are given a 26% terminal bonus after 25 years. Call me cynical, but I don't see how this can be so,…
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miss sold endowment REFUSED by Ombudsman
We made a complaint to the Financial Ombudsman 2 years ago or so to have it refused because we switched our endowment mortgage to a repayment mortgage with another company, before we complained about our endowment. my sister had the same endowment for the same length of time, however as she was still on the same mortgage…
