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Please help me I'm worried! Options for house in joint names with ex partner.
Hi everyone, Please give me your advice on my situation as I am desperate and can't see any suitable solution to my predicament. I bought a house just over a year ago with my ex-husband (we were married at the time). It was £164000 on an interest only mortgage fixed at a reduced rate until April 09. We were paying £640 a…
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"Bank Base" mortgage rate delay
Hi - I took out a tracker mortgage with Natwest earlier this year as Northern Rock fixed was not replaceable! UK Bank of England rate went down in early October - only my tracker tracks the NatWest Bank Base Rate - which was only adjusted downwards on the 1st of November. As my mortgage is calculated on a daily basis and…
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Really Really Scared as missed two payements on Mortgage
I am really really scared. I have missed the last two mortgage payments and dont think I am going to be able to cover this months, though I am determined to try and find the cash some how. My Partner left me 6 months ago and due to my wages not covering my basic living costs things have been sprilling out of control. I…
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Mortgage "Holiday Breaks"
Hi Last month my mortgage lender confirmed that I could take a mortgage break and that I should call back after my next ddr had cleared. I have called them this morning and now they tell me I can't because the increase to my mortgage would result in my outstanding balance being greater than the 90% of the value of my…
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Getting a mortgage. First time buyer
I understand most companies will only lend 3.8 your income, my current income is £16,700, just left Uni. I have been looking for places to rent where I work as currently travelling 300+ miles a week, an hour to work and an hour back. Rent for a one bedroom is £450 to £650 in the region (moderate flats)... so was looking if…
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Fixed rate coming to end - advice on paying off mortgage
Hi All Would like some opinions I am coming to the end of my fixed rate mortgage and i have already decided to have another fixed rate. The new rate will be £400 per month, but i have recently received a payrise. As i'm not used to the extra £100 month yet, should i up the repayments to £500 and reduce my years of the…
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little worried about my mortgage and other costs of living
Hi… (Sorry if I make spelling or other grammar mistake – English is not my first language) I’m just about to complete and get keys to my first property in UK J Finally after 6months of dealing with very unprofessional mortgage advisors, lazy property agent etc etc… I’m ready to move in… but I’m little worried about my…
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Switch to Tracker Mortgage?
Hi I currently have a Nationwide mortgage for £160k on the BMR of 6.19%. Should I switch to a Nationwide 2 year Tracker at +1.18% base rate of 4.5%differential, so 5.68% with a £299.00 fee now? Or should I wait for the base rate to come down further? Any pros or cons to going either way? Many thanks for any replies as I am…
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let to buy
I have a buy to let that expires in January. My advisor has told me that if i tell the bank i am moving back in and renting out my current main residence than i could gat a better rate. I can see the logic in this and appartently it is legal but do you think i will get away with it? ;) I have no plans to actually 'swap'…
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Do I need to tell the mortgage company that partner is moving in?
Just thought of something... My OH is moving in with me in a couple of weeks. He'll just be paying half the bills by doing a standing order into my account. I'll still pay all the bills and everything will stay in my name. No point changing it all as we're planning on selling my flat next year and getting a house together…
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fixed rate coming to an end 28 Feb 09
good morning, I have a couple of questions. My current fixed rate (4.97%) - with Nationwide ends as above. I used a whole of market broker 2 years ago in true MS form and was pleased with their service. Should I use these same brokers again perhaps or contact Nationwide myself to see what they might offer me next year?…
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Mortgages & Endowments
Hi there, Can any one help. My husband made a claim about 4 years ago on 1 of the policies that we had as we were advised we could not on the 2nd and we got the difference from what we would have saved if we had taken a re-payment mortgage which was 600 and odd pounds. I was and am still not happy with this. No offer of…
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Right to buy remortgage - deed of postponement
I was wondering if someone was able to advise me as i am in a bit of a pickle. I am in the process of transferring my mortgage from Abbey to HSBC. I bought my house a couple of years ago from Brent under the right to buy scheme. I have paid HSBC the booking fee, however now they tell me that they are unable to proceed due…
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will these type of neg equity mortgages come back?
Iwas reading that in the last housing crash in the early 90's that some lenders offered a 'negative equity mortgage' where I believe the negative equity amount could be transferred onto another property. Will these ever come back and what were the advantages and disadvantages of them?
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basic endowment query
just wondered if someone could give me a straight answer. i have an endowment policy maturing march 09. i called clerical & medical twice & have been told: a) unfortunately the recent stock market problems will affect your bonus b) the recent stock market problems have no bearing on your policy who is correct?
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Any one used standard life, nationwide or HBOS for a mortgage?
Hi, I just wondered if anyone on here has used standard life, nationwide or HBOS recently for their new mortgage? If so how have you found them and lengths of time for DIP/processing/valuation etc? And in general? Just I am looking into who to go with when we buy and want to have a rough idea timescales before making any…
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HSBC Mortgage quotation expired?
At the start of September I rang HSBC and was given a quotation for a tracker mortgage which was 0.99 above base rate for the term of the mortgage. I immediately applied, filled in the forms and took this along with all of the required proofs into the local branch. HSBC then took a few weeks before coming back to ask for…
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Overpayment - Nationwide
Hi We currently have the money available to pay off our mortgage. we have been advised to invest it instead. However we are able to overpay our nationwide mortgage by £500 per month with no penalty. Does anyone have any advice on whether it is best to do this and what impact overpaying has on our mortgage. Does it pay it…
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Re-Mortgage?
Hello All, Friend of mine told me he went to Abby to re-mortgage his house,after looking at his figures i think he could be better off with another lender based on his circumstances. Iv told his to shop around and he could get a better deal but he says he has signed some papers today and is waiting for solicitor and…
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Endowment Advice
Just taking on a £119,000 repayment mortgage - is it worth taking on a endowment policy or would i be better advised to take out cash ISA's instead ?? I am looking at providing something for my wife and children in the future. I have a very good pension due to come to fruition in 19 years with a lump sum of £62k, my wife…
