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when do i start mortgage/receive £££ to avoid paying interest on first repayment ?
In my mortgage offer document it details "interest charged in the month of advance, payable with your first full monthly payment" - this figure is nearly as much as my first payment and will wipe me out ! is there any way of avoiding incurring this additional interest or keeping this to a minimum ? also will i need to tie…
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advice required on re-mortgage fiasco pls
Hi new to this, so bear with me! In brief - fixed rate was coming to end of deal at end of May. Applied to re-fix on new deal during April. Told 2 weeks maximum to put in place. Remortgage didnt happen in time so went on to variable rate for June, July, August and Sept. Kept being given wrong mortgage offers and one !!!!…
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Deeds of Postponement
I've been charged £150 by Black Horse for a deeds of postponement. Is this a fairly usual charge? Do other companies charge similar rates? Thanks
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Should I pay more off my mortgages
Hello All This is my first post, I am an ex-pat living in Finland, my mortgage is now 77,000 euros, and the interest has just gone up to 5.7%. We pay 510 euros a month for our mortgage. My question is, is that I have 50 euro extra a month that I could save or I could put towards my mortgage payment each month, what would…
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Proof of salary on re-mortgage
If I was to re-mortgage with the same mortgage lender and same advisor, would they ask me to prove my salary as I've changed from being employed, to being employed of my own company, or would they just be happy to continue as normal, knowing that all payments are up to date and have never elapsed? If I have to give…
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Worried about remorgage timings
Hi guys At the moment me and the missus are remortgaging our house from Northern Rock to Nationwide. Our 2 year fixed rate with the rock is up, and in July we started the process with our All of Market Financial Advisor to find us the best deal at the time. To cut a long story short, we were able to secure a deal with…
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HSBC increasing interest rates!
HSBC are apparently increasing the mortgage interest rates for Monday and reducing the booking fee back to £499ish. The are also releasing new rates but require 75% LTV but of booking fee of £999. If you have had a recent quote, you need to start the application before Friday and have to complete the application by next…
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let to buy mortgage
hi has anyone out there done a let to buy mortgage? I mean by letting your house to fund a the mortgage to buy another property? could to share your expericence please cheers paul
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mortgage advice please
Hi, i inherited a couple of houses along with my brother a few years back. We're selling them next year so hopefully i will have £120k ish in my bank. Im looking to buy my first house with the money. Im on a rubbish salary, about 10.5k. does anyone have any idea what morgage ill be able to get, takng into account the the…
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to fix or not to fix??
hey guys, whats the latest thinking, our deal ends in a few weeks, I dont want to go onto the svr but Im not sure whether to go for a 2 or 3 yr fix or a tracker? anyone got the current advise on what the base rate is likely to do ? thank you!:j
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endowment queirey
hi , ive got a stocks and shares isa endowment and last year on out statement we had made £8390 , but on this years statement it says its made £7894 , how can this go down , it has 15years to run and it needs to make £53000 to pay our house off , ive got advise off our finnantial adviser and he said it would be daft to…
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How easy/difficult is it to get reduced mortgage payments for a month or 2?
Just wondered if anyone had any experience of calling their mortgage lender to get reduced payments on their mortgage and whether they are helpful or not? Just as a one off for a month or two months?
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Repayment mortgage to Interest Only- help...
I would like to change my Mortgage from Repayment to Interest only. The mortgage offer was accepted and now I have been sent out the Offer letter to sign. I know if I need to change anything after I have signed this form- it might affect the whole deal, but can I ask for an amendment at this point- Repayment to Interest…
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mortgage shortfall and selling house
Hi, hope someone can give me some advice I have had to relocate to Scotland with my job and my house in England is up for sale. I am lucky that i am able to stay with family long term if necessary. The thing is that I remortgaged Oct 07 with N Rock on a 5 year fixed rate ( not expecting to move!) and I have £6000 early…
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Oue deal ends soon
HI we're with the Cheltenham & Gloucester and our mortgage tie-in (standard variable rate) ends in November so finally free to find another mortgage. I'd rather stay with them if poss, but having trouble getting through on the phone today (high demand of calls blah) Anyone know what they are offering at the moment please?…
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Should I surrender my Endowment?
I have an Endowment Policy which has 7 yeras left on its 25 year life. There is no mortgage associated with it any longer. Last year's annual valuation statement was the first time the ploicy was worth more than had been paid into it, but this year its value had declined by approx £1,000, A telephone valuation today…
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95% Mortgages
Which banks are still doing 95% mortgages? Thanks
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Nationwide online service
Has anyone used this new service for remortgaging? I spent over half an hour on the phone to them a few weeks back to discuss my options and request paperwork for the product I was interested in...two weeks later I recieved a generic mortgage leaflet and a web address! :rolleyes: I am keen to remortgage soon but cannot…
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Remortaging with adverse credit
I wonder if you can help. My mortgage is coming to the end of the agreed fixed term and like most of you, I'm worried that I may not be able to secure a deal due to the current climate and my history. My lender, Advantage, is no longer offering new credit as Morgan Stanley is in a fix as many other lenders. I got into some…
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independent financial services mess up
in the summer of 2005 i employed the services of a company called brunel franklin & co to handle my missold endowment policy by co-op bank ,i received a few letters from them requesting information which was duly sent ,and i recd a few letters back advising that the claim was ongoing .approx 18 months later i recd a letter…
