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Anyone heard of Principality BS?
Hi All Currently searching for 5 yr fixed for my Mum, who only has 5 yrs left to run on mortgage. I've come across Principality Building Society who are offering 5.59% fixed for 5 years with a product fee of 1% of the mortgage value. Now given the mortgage she needs is £60,000, I thought this was quite a good deal in…
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October Base Rate Prediction
Definately has to be a cut this month. 0.5% would be in order, but I suspect 0.25% this month, followed by a november hold then a further 0.25% in Decemeber. So 0.25% cut gets my vote.
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Are fixes likely to fall from here?
Hi, Like lots of people our fix is coming to an end, even at SVR the repayment is affordable but obviously we want to pay as little as possible. Our LTV is about 70% (assuming a low valuation, or about 53% from peak value), we have a good credit record and our current lender (Nationwide) is offering about 5.88% fixed for…
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Screwed by Nationwide rate change!
Any advice would be much appreciated! My discounted rate with Nationwide finishes at end of Dec. Have to stick with NW as salary has decreased. Phoned 2 weeks ago to discuss the products available to me as existing loyal customer and interest rates/fees etc. Was told that I would have no problem reserving a product, I…
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Halifax Mortgage Equity Calculations
Hi, I have a mortgage with Halifax, and have been using there site to check the amount I currently owe on my mortgage. I wondered if anyone had noticed a massive change in the amount of equity the site said was available for their property? For some reason mine went from 16k down to 5k just over the weekend? Thanks Chris
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ISA or keep paying it off the mortgage
hi we have a virgin one account with approx 10,000 outstanding we are over paying every month but should we be putting the overpayment into ISAs logic is telling me that Im saving more by clearing the mortgate with a 6.5 % interest rate dont want to move our mortgage now because we like the overpayment flexibility and its…
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A little help for confused person
I have come to the end of a 2yr discounted tracker with C + Gthey have offered the following; all with a £995 fee0.89% above base for 2 years or0.95% above base on a full term tracker tied in for three yearsalternatively I have been thinkin about fixing - they best they can do on this is 5.89% fixed for three years. This…
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Fixed rate ends in December. Please help.
Hi all, and thanks in advance to any replies. Me and my girlfriend bought our first house in December 2006 with a value of £115,000 with a mortgage value of £100,500 fixed for 2 years through the Halifax. In today's uncertain economic climate we're wondering what to do. With the house's value at £115,000 2 years ago, we…
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Deal Ending Soon Help!
Hi, my current discount mortgage is coming to an end. I have tried various comparison sites and they are all telling me that I have no chance of getting a mortgage. My home is worth £100,000 - I have a mortgage of £35,000 - and now for the bad news - I owe £11,500 in credit cards (although my total credit limit is…
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Question for Locoblade Mortgage Calculator
New to this forum so please forgive me if this is in wrong place. Locoblade - thanks for your excellent Mortgage Calculator. My question is probably a bit dumb.... When offsetting a lump sum against your mortgage - lets say a fixed £50K against a £100K mortgage, there come a point in the mortgage period when the amount…
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Nationwide Mortgage & Home Insurance Question
Hi, I am new to the forum and think that it is an excellent resource. I currently am trying to re mortgage from Halifax to Nationwide and have been informed by my broker that I have to increase my home insurance rebuilding costs to £500k as it is a minimum amount from NW as one of their conditions. The house is only worth…
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question about remorgage fees
hi i have just started the process of remorgaing with my current morgage provider. i have borrowed extra to cover some home improvements and was asked to send a cheque for 200 for valuation fees.they said this could be added to the morgage but needed to be paid up front and then added onto the morgage, i also have a 299…
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mortgage advice please
I am looking to buy a house and need a mortgage of a 100k. I have been searching some of the banks mortgage rates and seen that HSBC have a life time tracker mortgage of 5.94% with an arrangement fee of £499. Is this a good offer or are there any better offers out there? Would it be worthwhile using a mortgage advisor? or…
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transfering mortgage to new house
Hi We bought our first house for £137,000 in June 2007 with a mortgage of £130,000. We're thinking of moving in March and I'm obviously worried that our property will have dropped in value. If it sold for 130,000 (what we borrowed) would that mean that I would have to start a fresh with a deposit for a new house? Also we…
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Pay off mortgage in full?
Hi, We're in the lucky position of being able to clear the whole of our £125k mortgage. The 3 year fixed rate of 4.59% is due to come to an end on 31/10/2008. I was planning to pay off £124k of the balance as I've heard in the past that it is always a good idea to leave ~£1k of the mortgage outstanding. Can anyone advise…
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Endowment cash-in or keep mortgage - advice please.
Hi, I would appreciate it if someone could confirm that Im doing the right thing by cashing in my 2 endowment policies to pay off my mortgage. My Abbey loan is interest only at £25500 on variable rate with no repayment penalty and 4 years left to run. I have 2 endowments, £60 (Sun Life of Canada, not with profits) & £16…
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arrs letter/Call fee mortgage charges
Hi Guys, I have had problems paying my mortgage but it is now all up to date. Is it possible for my claim back my 'Arrears letter' charges ? they (Halifax) also instructed a Solicitor could I get those charges back?? Thanks
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adding debt from 1st house onto self build mortgage?
Mortgage on house down to approx 140 grand over approx 32yrs but would still be in negative equity prob to the amount of 40 grand.:eek: Have site at parents house. passed to us. would need a mortgage of approx 90 grand to build v. simple 3 bed bungalow. If we paid 10% of that as deposit the mortgage would be 80 grand.…
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Ulster Bank -self build mortgage
Do Ulster Bank do a self build mortgage or Royal Bank of Scotland. I know they are related.
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Changing Mortgage during IVA
We are due to come out of a 5 year fixed mortage with Abbey at 5.95% interest next year and it will revert to their standard 7.09 rate We are in an IVA and are concerned that due to us having no chance of getting new credit what options there are at getting back into another fixed rate mortgage so we can manage our…
