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Help with mortgage rates.
Hi Our 2 year interest only mortgage runs out next month and we are looking at our options what to do next. We are with Nationwide at the moment and they are offering 6.58% on a 2 year fixed rate with a £599 Res Fee on a mortgage of £152,180.02. They are also doing 5 years deals. I have been told that its best to stick…
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Pay off a loan.... or not??
We have a loan which the monthly payment is £275 per month, the rate is 5.7%, there is approximately 18 months left on the loan. However, by October the settelement figure on this loan will be £4,500 which we will be able to pay off, thereby freeing up the amount to throw at the mortgage. Presently we have an offset…
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Pay off Mortgage or keep some outstanding??
Is there any benefit in paying off the balance of our mortgage outstanding approx £17k but leaving say a few hundred outstanding - I've read that a) they'd keep the deeds and b) would make it easier to borrow ££ from mortgage co in the future if we really really needed to. Any views? thanks
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Stuck!!!
Hi there Im just seeking advise on a remortgage? My husband and myself are in 30,000 worth of debt which is beng managed under debt scheme we are paying a fortune on our mortgage and we are in arrears could anyone recommend a lender who can help us reduce our debts and mortgage payments. Im pregnant and due to expect in…
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Mortgage & IVA
Hello, Just wanted some opinions on my chances of getting a mortgage in the current financial climate. It will be a joint application with my husband. I entered into an IVA in 2004, and it is was completed & satisfied in 2006. We have not been in debt since completion and (would hope) we now have a fairly decent credit…
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Alliance and Leicester have slightly lowered rates and product fess
I'm with Alliance and Leicester and im due to re mortgage next month and i've been holding off hoping they would reduce their product fees as most were 2% and also hoping they would reduce their interest rates. Just been on their website and it looks like most of them have went down about 0.25% and most options gaive you…
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Consolidating credit card debt on to mortgage
One year ago I took out a two year fixed rate mortgage of £77,500 on a £150,000 property. After these two years are complete I expect the outstanding balance to be in the area of £74,500. I hold credit cards with a total outstanding balance of £10,000. At the expiration of my two year deal I plan on finding a new low fixed…
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New build remortgage
Hi Can anyone offer any advice on a new build remortgage. We ported our last mortgage and the fixed rate now runs out in a couple of months. Looking into remortgaging, we're finding it hard to find companies that will offer mortgages for new build houses for less than 75% LTV - we have 80% so not far off but not good…
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Has anybody used this broker before? Are they any good?
Hi All, Just joined as need a mortgage for my first home and think I should probably use an advisor. A friend has recommended Worldwide FInancial Planning (I attached a link) and I wondered if anyone has used them and if anyone has an opinion on them. Any comments would be welcome. Thanks Joe
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Woolwich "Part interest payment"
Hi, I have recently remortgaged my flat (Repayment mortgage) over 19 years and moved provider. I have received my First Payment Notice, which states the following :- Amount of borrowing released - £95,0000 Date of release of mortgage funds - 9th August 2008 Regular monthly payment - £693.34 Part interest payment for August…
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Mortgage name change
Would like some advice on whether it would be possible to remove a name from a mortgage and replace it with another? Also, would this cost a lot and would the new person have to go through credit checks, salary check etc??
