-
q about remortgaging from single to joint names
Quick (numpty) question... When switching mortgage provider, is it possible for the remortgage to be made in joint names, if it's currently in a single name, without paying any extra? My current Halifax mortgage is in my name only, but I'm going to remortgage elsewhere at the end of the year, and want the new mortgage to…
-
mortgage advice
Hello, Been turned down today by nationwide for a 95% mortgage, we are looking to borrow £139k on a £147k value house i have 8k as a deposit, my credit record is a tad spotty, one default 3 years old for £200 (settled) and no late payments in the last year. The mrs has had a couple of late payments this year so basically…
-
Bradford & Bingley Mortgage
I have a base rate tracker mortgage with mortgage express & wondered if this would still be honoured, or will I be forced to switch to another company. Would it be worth while switching now? Help I don't know what to do for the best, Mortgage Express says it's business as usual & there is no problems!!
-
Mortgages and Student Loans
Hey guys, will student loan affect my ability to get a mortgage. its only for about £7,500 and just comes out of my wages each month? thanks
-
nationwide - will they make offer
Hi - we reserved a nationwide mortgage a few months ago and have been waiting for all the paperwork to come in (mainly employer's reference as I am on maternity leave - my company have been v slow). Since the initial offer, we provided a cheque to Nationwide for an extra £1999 for a new and better 5 yr fixed rate to be…
-
Interest on overpayment of mortgage
Hi, hello to the forum. This is my first post, so some of the terminology may not be exact. My question is, I took out my first repayment type mortgage in 1986, during rising inflation. My monthly payments kept going up as expected. When the rates eventually started decreasing, I opted to leave my payments as they were,…
-
Keep small savings as offset, or move to safety
My paultry savings of a few thousand pounds are currently sitting in an offsetting account against my IF mortgage. I understand that this means if the bank go bust, I would lose these savings as although I would be covered up to the £50k limit, they then take off the mortgage that is outstanding, so I would get nothing…
-
Do mortgage lenders really have to honour an illustration 6 months later?
Hi all, I remember reading an article on this site which I now can't find, which said it was worth looking for mortgages now, even if your current deal doesn't run out for another 5 months. I have a few questions if that's ok? 1) Is just getting an illustration in writing enough, or do you have to have an actual mortgage…
-
Additional Statement - ME
Does anyone know if Mortgage Express charge for additional statements?
-
Help with remortgage
Does anyone know of any other banks who who offer trackers that are close to HSBC's base rate +0.94 tracker rate and the similar one at First Direct for 90% LTV. I've been declined for both and wanted to find out what the next best thing was, but I can't see anyone else that's anywhere near them. Are they really such…
-
Fast Track for Self Employed
Hi, can anyone help please, we had a mortgage in principal with BOS but now, having found a brilliant house, we went back to our broker to be told we can't get a tracker mortgage from BOS and it has to be fixed rate and at a really high rate. He then said possibly Abbey but have just found out that they won't allow us to…
-
15y fixed mortgage with Northern Rock
Hi all, I took out a a 30y mortgage with Northern Rock in 2006 and got a 15y fixed rate. The idea being that we could have consistency while the kids grow up and overpay into it to give us some options at the end of the 15y fix (pay it off, downsize etc etc). Given the current banking situation what I am trying to…
-
Have you been affected by Northern Rock's repossessions?
Five News is doing a story about Northern Rock repossessing a far higher number of houses than the other lenders. They would love to interview a MoneySaver who has been personally affected. They would like to arrange a pre-recorded interview with them today. Whilst the areas around London or Newcastle would work – if…
-
INTEREST RATES down to 1%???????
http://www.telegraph.co.uk/finance/economics/interestrates/3211785/Financial-crisis-Interest-rates-to-hit-lowest-level-since-1694.html if this happend, what sort of rates would banks go as low as for mortgages?... AND WHAT SORT OF MORTGAGES WOULD THEY OFFER?.....surely, everyone would just opt for a fixed rate if they went…
-
First Time Buyer, Mortgage Rates
Hi I'm in the process of buying my first flat, I was wondering with the drop in interest rates and the Government insisting that the banks bring lending back to 2007 levels can we expect to see a drop in Mortgage rates any time soon? I know that the banks are trying to make more profit and so didn't pass on the 0.5%…
-
Job change - what are First Direct like?
We have a re-mortgage set up to complete in 5 weeks time. My husband is looking to change jobs. He has not made any decision yet, but is at the point of having offers to consider. The job will be very similar money. Will FD be bothered if he changes jobs? I had a simialar situation with Britannia before (at the last job…
-
woolwich mortgage - should i be worried
I have a lifetime tracker and as the base rate has just dropped i called them up to get the monthly payments recalculated (which is what you have to do) however, they told me on the phone that all customers were getting a letter after 1st Nov (mortgage year end apparently) to advise them of how things would now work i pay…
-
Coventry BS still not acting on 0.5% interest rate cut
Over a week after the bank of England cut interest rates by 0.5% and still no news from my mortgage lender. I have called and email and no one there can tell me WHEN OR IF they will reduce their rates at all. I wonder how much money they have made by delaying any cut by this amount of time. So much for TLC not PLC....…
-
Re-Mortgage Query
Hi there i'm starting to wonder about re-mortgaging my house but i still have another year to run on my fixed rate deal. With all this credit crunch talk and a recession looming house prices have come down considerably. I own a 3 bed end of terraced house in S Wales and we re-mortgaged with Northern Rock last October witha…
-
Remortgage Valuation Issues
Hello ladies and gents Looking for dome advice – I bought my house (new build) in November 2005 on a 3 year fixed. As this was coming to an end, I contacted First Direct about a remortgage 3 months ago and have been going through the process since then. The application sailed through and was accepted subject to a…
