-
will stock market drops affect endowment
hi, I have an endowment which has about 5 yrs to run. Its last performance indication was a payout about 20% below what it was intended to pay out. My worry is that its performance will be even worse now due to the yo you action of the UK stockmarket. Will i be better off selling it and dumping the money in a 6% paying…
-
HSBC lifetime tracker now 75% LTV - query
Hi guys, I presume im ok, as my remortgage is going through - eg had the offer document, returned it, had confirmation that valuation was ok (at 90% ltv LAST WEEK) now after just checking HSBC's site, the offer is now only on for 75% LTV people. Ive had to sign a deeds document, a buildings insurance declaration and a…
-
Mortgage application / credit score
I've been speaking with L+C as our current deal ends in January. My question is if we get knocked back on a mortgage application due to the property valuation coming in over 90% LTV (i.e. the house is not valued high enough), does this affect our credit score? L+C told me last week it would...today they said the opposite!…
-
Endowment : Yearly Statement...explaination of terms/wording
Posted a few days ago....only just found my paperwork....how bad is that... Ed Investor advised me to ring...now I've found the details I will do it tomorrow....meantime...I am a bit of a numpty, perhaps someone can clarify a few things for me... 2007 Yearly Statment posted to us in March 2008 Maturity Date: 09/03/2009 I…
-
Help!!!!
Hi all, I purhcased an endowement in 1994 to meet a mortgage for £41500.00. I was aware that there could be a shortfall so i opted for higher monthly premiums. In the last 3 years i have received 2 amber letters stating that my policy is significantly at risk a may be a shortfall at maturity which is in 2019. My policy is…
-
Mortgage porting...
Hi in hoping someone can help! As i feel im not asking the right questions. Here is my current situation... I have a house up forsale at the moment and im looking at getting a home with my girlfriend. My house is currently up for sale at £107.500 (now reduced from £114.950) and i owe £95.000 on the mortgage. We're looking…
-
Is remortgaging worth looking at in current market
Just wondering if you guys think its even worth trying to remortgage in the current climate? We cam off our 2 year discounted deal some time ago and are now paying the Alliance & Leicester SVR, whatever that is. I remember it used to be that if you wanted to save the pennies being on the SVR was a sin, but maybe that is no…
-
Remortgage help.
Hello, I wonder if anyone can help with some information. We are looking to borrow an additional 60,000 on a mortgage of 106,000 to do an extension, but my bank are only prepared to lend an additional 46,000 as the value of our house has fallen from 190,000 at the end of 2007. Not had the house valued again since but have…
-
Offset mortages and depositors protection on savings side
Hi, I was just wondering, if you have an offset mortgage, where the savings are held in a separate savings account (aren't most like this?) and this is higher than the depositors protection threshold - if the bank your offset mortgage is with goes bust what is the outcome: 1) amount higher than threshold in savings account…
-
mortgage help
Hi all. My dilemma is; my partner and I pay our mortgage on the 15th of each month, I have just accepted a new job which also pays on the 15th therfore i'd like to change the direct debit date, will mortgage companies do this and will they ask again to go through my new job info and proof of income etc. Any help greatly…
-
remortgage after porting current mortgage
i had a mortgage with nationwide and ported it to my new house. i increased my borrowing which they seem to have treated as a separate mortgage. the first mortgage deal ends on 31 jan 09 and the second mortgage ends on 31 dec 09. can i re-mortgage just the first part with a different lender or do i have to move both(and…
-
95% deals disappearing
According to the BBC (clicky). GG
-
First time buyer
Hi Where can you get the best deal at the moment for a first time buyer? How many times your salary could I get with my partner? Any help would be much appreciated. Thanks
-
remortgage queries
Hi all Our current discounted mortgage rate is about to expire in december so im obviously in the market for a new one. House is a 3 bedroom, 3 story semi-detached townhouse. Value when bought was £190k Nov 06, but not sure what the value now would be as there are none for sale. Current Mortgage is £145k on interest-only,…
-
mortgage offer
hi guys i have just recieved an email to say beacon have now issued our mortgage offer and it should be with us shortly. can i be excited yet!!!
-
Increasing term of mortgage
Hi does anyone know if a credit check is carried out to increase mortgage term with same bank ie from 8 years to13 years ?thanks
-
Mortgage Offer
At the end of August we had our mortgage approved by Natwest and all relevant paperwork was signed and passed to our solicitor. Since then the actual sale has been delay and it looks like we will complete by the end of the month. What I'd like to know is will that offer still be valid? I don't have it to hand but I'm sure…
-
Tina
Can anybody advise if Northern Rock will be offering their existing customers incentives to move to another lender when their existing deal comes to an end. I have heard that in order for some lenders wishing to run their mortgage books down, some are offering up to 15% discount to move.
-
Lancashire Mortgage Company
Anyone else have a secured loan with them, I went via a broker because the loan was against a parcel of land. Am really fed up cos am on a variable rate and when base rate goes up so does the mortgage, but when it comes down they don't reduce the payments.
-
mortgage debt
Hi I have recieved a letter saying that i owe £38,000 approx. My ex-wife and i had a joint mortgage and when we divorced 18 years ago she had custody of my three children and lived in the former marital home. Due to circumstances i eventually got custody of the three children (legally) but during the six months that this…
