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advice on loyalty re-mortgage with Nationwide
Hi all, I'd appreciate some advice... my fixed term with Nationwide ends in Dec. I have recently become self-employed, so a normal re-mortgage is not an option... I'm assuming that if I go for a loyalty product with my current lender, then there are no legal / financial changes, other than a new rate ? also anyone know…
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A Guide to Equity Loan Mortgage Refinance
There is a lot to learn about when it comes to the topic of equity loan mortgages, and to be exact you should realize the benefits that you could possibly gain from refinancing your home. In particular since over the past few years the mortgage rates have hit all time lows, by refinancing your home you are able to get hold…
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Too good to be true ???
Hi, my current 2yr deal on my Abbey repayment mortgage finishes next month and their best offer on a tracker is 5.89% for 3yrs with a fee of £824!!! I was lured by the attractive tracker rate of First Direct but they pulled it the day i phoned :rolleyes: I heard a media add for my local bank ("Northern Bank" - N.Ireland)…
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Concerned about excessive local search fee
Background: We have 2 properties on one title deed. Both were holiday cottages, but we got planning permission a couple of years ago on both of them to convert them to standard residential properties. We now live in Property A and rent out Property B. We are now remortgaging from Abbey Commercial to First Direct on their…
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paying off a morgage
I owe about £9,000 on my morgage. Would i get a early finnish payment i have 2years left to run. I have £30,ooo in a Halifax 2year bond which pays my wife about £164-00 every month in interest should we pay off our morgage or reinvest our money in febuary[2009]. Thanks rugbypost
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redstone mortgages company
hi , i have recentley took out a mortgage with a company called becon homeloans who my mortgage adviser passed me on to/ who then ,when i had signed for the mortgage, passes it on to a company called redstone i took the mortgage out in 2007 december and in june this year redstone wrote to me that during a recent review of…
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Advice on changing name on deeds and mortgage (Scotland)
Can anyone give me advice on the following...i currently have a mortgage on my home in joint names with my ex boyfriend whom i split with a year and a half ago. He agreed to remain on my mortgage as although i can afford to pay for it, in the eyes of the Nationwide i couldn't on my earnings. We now don't speak and i now…
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Should I cash in my 10 year old endowment
Hello folks, anyone any advise on this. I have to get a remortgage in February. My standard life policy with critical illness was originally taken out for the value of £38000. My last annual statement showed a medium return of just £27k, and of course there is no guarantee of that either now.Taking that into account when I…
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Shocked!!!
I received a large envelope from the county court yesterday for a date for court hearing on repossesion of my house. After picking myself up off the floor and calming myself down, let me explain my situation and hope that someone out there can give me some advice. I have a joint mortgage with my brother which we took aout…
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change of name on mortage?
do mortgage lenders allow you to take a name off a mortgage or replace it with another? Are there fees involved?
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Advice needed - sold endowment investment before mortgage
Hi, When 19 my husband was sold a low start endowment investment before he even considered getting a mortgage. We complained to the Pru that it was missold but they said as the policy is on target with no shortfall, he is not entitled to compensation. We feel it was mis sold as the risks were not explained, the salesman…
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Six Months Left On Endowment
We have six months left on our £20,000 25 year with profits endowment policy. When our annual statement arrived in March it was just about on track to pay out what we needed. I am just wondering, with all the financial turmoil if this policy is still on track or is their likely to be a shortfall. We did claim for a miss…
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negative equity, fixed rate term coming to end
Hello, I bougt an apartment for 200k about 20 months ago & had a good, fixed rate withthe Halifax. However, the fixed rate will end in 2 months and I'mnot clear what to do because: I took out a mortgage for a 180k. The property is now worth approx 125k. I have no bad credit rocord whatsoever, & always worked, aged about…
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So when do interest rates shoot back up
The drop in interest rates for mortgage holders is a good thing (for those that have had it passed on) However at some point in the not to distance future interest rates will rise is it likely we're going to see double figures like in the early 90's? If so when do you THINK this may happen?? When i look at the history of…
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Another post asking for advice ...
Sorry, I'm sure people must be getting fed up of reading these posts! I have about £52k to pay on my mortgage. No idea about how much flat is worth. There are similar on the market for overs over £92k but they aren't selling. I'm with NR (6.29%) which is due to finish 1st January. My salary is more than enough to get a…
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Remortgage refused by NR due to low valuation now what?
Our current mortgage deal with Abbey expires in just over a week. We were awaiting a new deal from Northern Rock but after waiting 3 weeks for them I have just received the valuation report. They have estimated the value at 170k and our mortgage is for 133k. On that basis they have refused a mortgage. In my opinion they…
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woolwich tracker mortgage ,is this correct.
I have a woolwich tracker mortgage .I received my annual statement dated 7th October . The interest rate was 5.18% The new rate from November is 5.18% (same as before ) but my repayments have increased slightly . Also have woolwich passed on the recent interest rate cuts ?
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Home is going to be repossed
Hello all and i hope someone can help.It is my dad who has got into trouble he owns basically 90,000.0 and house now will be only worth 50,000. Trouble is he has 1 sercured loan for 15,000.00 and 1 unsercured loan for 14,000.00 and mortage for 45,000.00. He has just had a ccj against him for unpaid water bill 745.00, he…
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Can i get extra cash on a mortgage?
Hi. I can buy my council house for £18,800 and it has been valued at £47,000. I have £8000 on credit cards and my question is would i be able to get extra cash to pay of my credit cards and do some home improvements. So although the house will cost me £18,800 would i be able to get a mortgage for £30,000? Many thanks.
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Oakwood Home Loans!!!!!!!!!
Oakwood Home Loans have been offering people 15% plus waiving all redemption charges and fees. However today I got a letter offering only 6%. I would be interested from hearing from people who have been made an offer and exactly what has been offered. As you can imagine I would also like to be offered 15% and I am sure…
