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Should I sell my endowment policy?
Hello, This is my first thread and a subject you have read many times! We have a 25 year with profits endowment policy with Phoenix ( it originally was a Royal life policy) It will mature on June 2011 We have paid our mortgage off in April 2008 so dont need the money currently. The policy is in "paid up" mode. Last…
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Remortgage fees
Ok, I'm new to Forums, can anyone help? My two year fixed Tracker product is coming to an end and the fee when I took it out was £225, when I asked my provider for a new product they duly complied with a suitable one, but the fee is now a minimum of £1,995 - is this legal? Can the cost of taking out a new product negate…
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hsbc standard valuation
my mortgage is borderline 90% LTV - if i go for a remortgage with hsbc and the valuation does hit what i need (not high enough) to get the rate i want - do i lose the entrie £185 fee valuation fee or just 30 odd quid? thanks!
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Mortage Advice with a default- urgent
Hi there, Thanks for reading. I currently own a flat and looking to rent it out and changing the mortgage over to a buy to let. I then plan to buy a new property with the equitity on the flat. I have a default on my credit history and it has been there for 3 years. Through a broker, we tried a buy to let lender and the…
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30 vs 25 years mortgage
Guys, I'm getting a mortgage with 90% LTV for 162K from halifax through a broker. Since i was looking for fixed 2 years, the best they offered me was 6.39% on a 30 year mortgage. However i don't know anyone who is on 30 year mortgage and normally 25 years is a standard term i think. The monthly repayment is cheaper than 25…
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Mortgage Break!!
I have just gone on maternity leave so rang my mortgage company about taking a repayment break for a few months as things are tight. This is not part of our mortgage deal so they said to consider it they need us to pay £50 valuation fee and £50 admin fee also. Their assesment is based on us showing our income and…
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remortgage help!!
so i owe 101k on my motrgage we have been on interest only for 2 years due to birth of our son,now my fixed rate finishes in nov with kensignton,i have a ccj for13k which was taken out jan03 i pay it every month i have 1 default basically !!!! credit:rolleyes: so i need to know where/who would give me a mortgage i need to…
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Should I cash in this endowment with just 3 years left to run?
Need a little bit of financial advice please. We currently have a Friends Prov Endowment policy ( Homebuyer plus plan - units with profits) and are paying in £90 a month. There are just over 3 years left to go on this (and the morgage), but are unsure if we should let it run to term or just surrender it now, and use it to…
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Nationwide fixed end in Feb 09...one account??
Well first off all let me apologise if i start rambling on but I am getting more and more confused everytime i read a different forum on mortgages and the one account. I will explain my situations at the moment... I got a 25 year mortgage with Nationwide fixed for 5 years at 5.39%. The 5 year period finishes in Feb next…
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Broker advice
Hi Everyone Just need some advice.Currently on an interest only motgage only, at a fixed rate which is coming to an end. We are at the moment re-motgaging, and our broker has found a simillar interest only mortage with another lender. Problem is, he will be charging a fee of £1500. Is this right? Should I go to another…
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Northern Rock Together Mortgage
Hi, Im hoping somebody can help me I have a northern rock together mortgage due to expire in November Secured @ £786000 Unsecured @ £17000 My house is worth approx 82000 but obviously could drop, My payments are going to rise by £150.00 per month if i stay with Northern Rock, my question is could i even switch my mortgage…
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Endowment Should I surrender
Should I cash in my endowment which I have with Standard Life which started in March 93 N matures in 2018 to cover target mortgage of £43000.00. S Life predict I will get 27000 @ current growth on maturity. details. 1. I have a mortgage of £10000.00 (£72.946.17 is repayment & £26987.91 is interest only) 2. My endowment…
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Share to Buy & Britannia
Hi do any of you have any experience of getting a mortgage through the share to buy website. They offer an exclusive mortgage with Britannia at really good rates and want to know how efficient the service is, any criticisms etc.
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How Mad am I?
My fiance & i are looking to buy our first home. We are both FTB. We have been saving & have £25000 deposit. We earn a combined total of £33000. Would we be able to get a decent mortage? He also has backup funds that at the moment I don't want to be taken into the equation (Fathers pensions etc.deceased) I want us both to…
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fixed deal end panic and confusion??
I need some basic (not too confusing please!!) advice on what I should consider here - my fixed deal with Yorkshire is finishing all too soon this month and they are offering me a 3 year stepped mortgage, with an interest rate of 5.39% till 31/10/09, then 5.79% till 31/10/10, then 6.19% till 31/10/11. A product fee of 1%…
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OMG what have I got myself into?
Back in the summer last year we were turfed out of our rented accommodation as the landlord wanted to sell up so we moved into my partners parents house. We stayed in their conservatory with out 18 month old child. Dreading the thought of winter closing in on us and having to spend cold nights in there we went looking for…
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What happens after repossession ??
Hi folks My house was repossessed on 14 August 2008 by the Woolwich and it was placed on open market via local estate agent for a price of £184950.00 whcih appeared on their web site for one day only and then was removed, when I contacted the estate agent in question they told me that the property has been sold but…
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First Direct Legal mortgage
I was wondering if anyone can help, this is my fourth remortgage but i've never received a legal mortgage document before, the document recommends that i seek the advice of my solicitor or a legal advisor before signing the mortgage.. im a member of the union so can possibly get free legal advice on this but I'm wondering…
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Trust deed advice please?
I had a trust deed where my last payment was made in Jan 07 and I was discharged approx July 07. I checked my credit report from Experian and it still shows as defaulted. When I was discharged I spoke to my trustee's PA and she said something about having to write to credit reference agencies. Does anyone know anything…
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help with a question please
Ok I am a FTB with discount on my home from local council the problem is what lender will give me a mortgage ? Before you all say anyone here's the bad news The building is a weir steel that was built in 1950 and upgraded in 1980 to be called a weir Phoenix Nationwide and IFA have wasted weeks on this to end up declining…
