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is this an offer??
The case manager has just contacted me to say that she has been chaseing beacon and that the underwriter has recomended an offer! i was quite amazed untill she went on to say dont get too excited untill you get your offer!! what does this mean then ? :confused:
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Mortgage provider taken over - what rights do we have?
Moved house last year, just before everything went downhill! Broker got us Self Cert mortgage with Edeus - fixed rate until October 09 and then BOE base rate plus 1.99%. Husband and I are self employed with over 3 years books. No adverse credit. No debts. Credit score is excellent for both of us according to Experian.…
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Joint mortgage with partner who already has primary residence mortgage elsewhere
My boyfriend and I are looking to buy a house together to live in. He already has the following mortgages: 1) 50% of a house with his best friend which they have stated as their primary residence, they have a 10 year mortgage deal. 2) 50% of a buy-to-let mortgage I currently rent and have never had a mortgage. As the new…
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Libor rate
Hi, Just a quick question. What site do people use to look at the rate?
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Mortgage Survey
Hi, I took out a 3 year fixed rate fees free mortgage with HSBC. I had a basic survey done which cost me £150 and then HSBC had their own done. Once I recived a copy of the survey HSBC had done, I realised it was a copy of the original survey I had paid £150 for. I called them up and explained this and they said they paid…
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Overpayment question
I have 2 mortgages both on same rate, i can overpay £500 on each. Does it make any difference which one i overpay on if one is £100k and the other is £50k. Or does it just shrink the total down as it only comes out as one payment anyway?
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Freehold flat mortgage providers
Hi We are looking at buying a free hold flat valued at £350,000 but only needing to borrow £90,000 so a fairly low LTV rate. Trouble is we are struggling to find lenders who will lend on freehold flats. So far we have Royal Bank of Scotland, Standard Life and The Scarborough Building Society (who sadly on lend on freehold…
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when should we hear?
hi guys as some of you are aware i am waiting for an offer from beacon that is takeing some time. about 10 days ago the broker said we had been put on a higher rate due to missing 2 mortgage payments not 1 in the last 12 months i did dispute this and it took a week for her to get back to me to say we can appeal it and try…
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Mortgage Final settlement offer
Hi, we have 13 years left on our Halifax mortgage and a blanance of £33k. With the current financial problems, It occured to me that banks may be keen to get the balances settled and be prepaired for a reduced final settlent figure as is the case with creditor / debt procedures, especially if you hint you may be about to…
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Advice would be nice
Greetings to you all, Would value your advice/experience, My better half and i have an offset mortgage with Intellegent Finance. Currently owed is around 86k and we have offset savings of around 70k. Firstly, am i correct in thinking that as we have it in joint names the 70k savings is safe? We also have around 43k in…
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Pay Off The Mortgage or Not?
In the current climate, for those who are fortunate enough to clear their mortgage if they wish..... Should they clear it and get the deeds, leaving no oney at risk OR Should they keep the cheap loan going for the sake of a few quid a month?
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Friendly Society Endowment
How are Friendly Societies holding up in the current climate? I have a 60K endowment due to mature in 11 years time. No scary shortfall letters as of yet. Thoughts? No news is good news?
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Mortgage with partner who already has primary residence elsewhere
My boyfriend and I are looking to buy a house together to live in. He already has the following mortgages: 1) 50% of a house with his best friend which they have stated as their primary residence, they have a 10 year mortgage deal. 2) 50% of a buy-to-let mortgage I currently rent and have never had a mortgage. As the new…
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Remortgage and benefits
We currenly have a mortgage (£25,000) plus a secured loan (£33,000) and a personal Loan (£22,000) Grand total of £80,000 :sad: Currently we only pay out on the mortgage (£200 per month) and the Personal loan (£349 P/M). The secured loan is payed out over five years due to my being off work with illness. This is due to be…
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Bradford and Bingley Mortgages.
My fixed rate mortgage with Bradford and Bingley is due to end at the end of Oct, When it will revert back to the variable rate, the problem i have is, that i will only owe £14000 on the mortgage and have only 3 and half years term left, they have told me I can't take out another fixed rate has the amount is less than…
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Save or Overpay mortgage??
Just after some opinions really..... I took out a mortgage of £272,000 in December 2005 at 4.69% fixed for 5 years. There shouldn't be any issues re: negative equity (hopefully) later on as current LTV is about 74%. Given the rate is pretty good in today's climate, would you recommend making overpayments on the mortgage or…
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LTV Question
Hello all, My fixed mortgage (2 yr fixed 5.75% 39 yr repayment from Scottish Widows) ends in December and at the moment I'm trying to see what product would best suit me. I need a mortgage of 86k (less than 3 times my salary) On looking about it seems I can get an okay deal if I have a 75% or lower loan to value ratio but…
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£35,000 is safe, but how does this affect an offset mortgage?
Hi. My parents are in the lucky position (After 20+ years!) of nearly having paid/being able to pay off their mortgage. However, to enable them to do what they want, when they want, they still technically have a sizeable offset mortgage, and a nearly as large savings account (about £100k mortgage, £95k savings/current…
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Pay off mortgage?
We have ~ £114,000 in savings (after a recent windfall). There is £57,000 left on a repayment mortgage over 14 yrs (standard variable rate 6.4%) @ ~ £576/month. There would be no penalty (only a £115 repayment adminstration fee). Should we pay the mortage off or save/invest instead?:confused:
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Assigning endowment
Anyone know out there if you unassign your endowment from your mortgage to yourself do you lose out tax wise. We are still going to pay the mortgage off with it but it will come to us first rather than the mortgage company. Any thoughts on this would be gratefully accepted ta
