-
The thread where you tell my husband to get real!
Currently having an email argument with hubbie, when I should be working....who's right? By rights, it should be him as he works in the banking industry and is immersed in it all.....but then I think he is wrong because I'm a woman, therefore always right :D We bought our house in October 2006, for £220,000, in a Herts…
-
arrears question - can anyone please advise me,
hiya, im finding my current mortatge payments a bit of a struggle, due to a series of knock on effects, sky high childcare costs over the summer, hubby being off work sick for a few weeks etc, so i have missed one months mortatge payments, so i have an arrangement in place to pay it off, though that wipes out most of my…
-
High salary mulitple, but with greater than 25% deposit
Can anyone suggest likely providers in todays market? We have a more than 25% deposit on asking price of a property we have seen, but the mortgage would be a high multiple of income, this year. DH is currently sole earner. in 18months DH has a contracted salary increase that would make this a much more manageable 3 times…
-
Now no bank will lend me money
Hi all moneysavers, I've rang several banks enquiring about obtaining a buy to let mortgage. They all say that because of the "Credit Crunch" they need to see proof of annual income of 25,000+ p.a. I don't have anywhere near this income. What I do have however, is 100% equity in a house worth approx £140,000, and savings…
-
If not earning, can I have name on house deed?
Hello I am a housewife looking after our young child, I am currently only working a few days a month. We are living in my husband's house which he brought many years ago before we got together. We are looking for another house. Because I am not earning, and I do not have any savings etc, can my name be placed on the house…
-
C & G
We have found a Repo which we can get for 185k. We have an interest only mortgage on our current house of 185K. We are asking to port the mortgage over and only need 165k. My credit score on credit expert is 999. But they think that as I have 61k unsecured credit available, of which no more than 10 is being used could be…
-
Missed Payments / Credit Rating
Hi, when I cancelled my vodafone contract last month, I stupidly did so just as I was leaving for a trip. Upon my return I found I had several letters from vodafone requesting my final payment be made on my account, which I did so immediately. Although in my credit file it now says "Satisfactory", the missed payment mark…
-
A&L Mortgages: fixed rate to tracker
Before you assume that once your A&L fixed rate mortgage ends it will automatically revert to the lender's variable rate, check the paperwork. They have a number of schemes which revert to a TRACKER for the remainder of the mortgage, in some cases as low as BoE base rate + 0.75%. It could be happy days!
-
Mortgaged until Sept 09!
Hi there, I own a 1 bedroom flat with a mortgage of £84,000 left. If I move before I have to pay ERC of £5000. Which I don't mind paying if I get the right amount back on my property. Which having had it on the market with a useless estate agent for 4 months didn't even get a viewing. It was on for 98,000 and we paid…
-
Mortgage/saving question
I currently am trying to decide whether to get a fixed rate on my savings, but as i currently do not own a home i am wondering what the mortgage position would be if i found a house whilst my savings were tied up in a fixed term account? Would they be taken into account in terms of getting a better mortgage rate? Obviously…
-
Spml
Have a residential mortgage with SPML, I contacted them a while ago toaskif they were doing advances but was told no. Does anyone know if they would allow me to change to BTL with a further advance of £10k. I will call them tomorrow but just wondered if anyone may know from past experience. Property is now worth around…
-
Nationwide Fixed Ends Jan 09
I'm on a Nationwide 2 yr fix which ends Jan 09. Should I start shopping around now? Tried to contact Nationwide but can't discuss new deals at the moment - looking at their website they are charging loyal customers arrangement fees!! I have £75k on mortgage over 19 yrs do not want a large arrangement fee does anyone know…
-
BoE rate / SVR
Hi this may be a really dumb question but i was wondering if reductions in the BoE rate would automatically (eventually) have an effect on mortgage SVR's? We are currently with Accord on a 4.73 fixed rate till 31/01/09, at the current time Accord fixed rates for what i anticipate they will say our LTV is arent that…
-
NatWest Mortgage Advice, Please
I have remortgaged with NW, I am very happy with the thing so far. I borrowed £75,402.00 @6.79% fixed for 5 years, paying £575.12 per month; then 15 years @ ?, if I dont remortgage again. My questions are these: 1) I was told I could over pay 10%, does this mean 10% of monthly payment per month OR 10% of outstanding loan…
-
Interest rate question
Hi. I am planning on remortgaging my house. Im just unsure about what interest rates are likely to do in the near future (2-3 years). Should I go for a 2, 3 or 5 year fixed rate now? Any advice appreciated.
-
"One Account" rates down 0.5% on Nov 3rd
... says it all really!
-
Quick Question - Nationwide Fix
I have a 5 year fixed rate that expires next year. Can someone advise how long before it expires is it possible to apply for and secure another fixed rate with my existing provider or someone else ? Just starting to think about.....when i need to start thinking about it :o if you know what i mean.
-
Stay with my long(ish) fix or jump ship to a tracker?
I'm on a decent-ish fix with Coventry of 5.55% until July 2010. But I have no ERCs (and only a £125 exit fee) so am thinking of jumping ship to a lifetime BR tracker with another lender. With all this talk of the BR heading south (3%, maybe even 2%), I can't stand the idea of paying over the odds, especially to a bank!…
-
Tracker question
......................................
-
Standard life cuts payouts,raises exit penalties
http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=319124&re=4051&ea=156896 Endowment folk not as badly hit as others.
