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Future Mortgages SVR???
Does anyone have any idea what Future Mortgages SVR is?? I'm trying to help a family member sort out her finances. Problem is she keep nothing. She knows her fixed rate ended in January but has no idea what the rate was or is. SHe also has no idea how much is outstanding maybe 50-60k yet has a bank account with 34k in it…
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need advice on early repayment penalty - NATWEST
Hi All, I received the mortgage statement from Natwest yesterday, and have felt sick to my stomach and lost sleep every since, and would like to hear advice from you guys. We have been charged overpayment penalty of 5.8k, which is really a lot of money !!!! We have called many many times over the year to make sure our…
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Remortgages for bankrupt's
Evening all We have a joint mortgage which is due to come out of its discount period in June '09 and go up at least £100. However my OH will by then be bankrupt. How badly will this effect our chances of a remortgage at a reasonable rate? Mark
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What do I do?
Hi all this is my second only post and I am desperate with what to do: - currently I have a limited company and earn approximately 3K per month, my 5 yr fixed rate mortgage is now up and the Halifax have upped this from the 5% up to their standard variable of nearly 8% taking payments from around £700 of nearly 1K per…
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Getting a better mortgage rate
Hi Martin, My husband and I have recently come out of our fixed term with Abbey but are struggling to get a better rate. Abbey came out to do a valuation on our property and valued at 270K. We have a 240K interest only mortgage so limited equity. Abbey are being very reluctant to give us a better deal and are currently on…
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Remortgage or buy-to-let? I'm confused
I recently moved in with my partner at her place where she has no mortgage. Having done the right thing and told ING Direct that I was moving and that my house was to let, they slapped a 2% increase on my payments. A bit steep, but I'm still on the fixed 4.85% until February 09, so 6.85 is bearable until then.…
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Will my early repayment charge be waived?
Can anyone help me I have just remortgaged my home after coming to the end of a 2 year deal and have enterred into new 5 year deal. My problem is that I've been in this deal for just over a month and the wife is planning a to do some home improvements (why she didn't think of this a couple of months ago I don't know) the…
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split from partner... complicated mortgage
All, Im in a bit of a mess and need some help Im splitting from my partner & i dont know how it all works! I have a 50/50 mortgage with my partne (not married) We owe 135,00 on a house that is probably now only worth around 115-120,000 due to fallin property prices. We are four years into a TEN YEAR FIXED rate mortgage…
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Low Rate, No Fee Tracker.
Coming to the end of a C&G 3yr fix. Don't think this is a good time to fix, so going to dip my toe in the tracker market. C&G have offered me a 1.69 above the base rate with no fee, or for £495 1.29 above, I believe Woolwich do a 1.29 above with NO fee, looks like Bye Bye C&G. After going through a few threads First direct…
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What would my payments be?
Hi My fixed rate deal with Nationwide ends 31.01.09. I phoned them today and was told the following: Balance on mortgage: £88235.00 Term left: 16 years 2 months LTV-just below 75% Interest onlt £41,800. I told them when I remortgage I want to change the interest to £40k. and put the remaining on repayment. They said the…
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mortgage query
Can any one out there help me with an answer to the following.I have a 29k mortgage remaining to be paid off in 2015.Its made up of 21k interest only and 8k repayments. I intend to try and pay this off earlier and will probably be able to overpay by about £150 per mth.My original thoughts where to make the overpayments to…
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new mortgage deal?????
I am probably being a bit premature but I was wondering if anyone had any advice?. My mortgage deal runs out this time next year and my credit report from experian is rubbish. Missed loan payments etc. However this time next year everything going to plan I should only have one loan as I will have paid off the other one and…
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New fixed rate or SVR is cheaper?
I have a fixed rate deal with First Active arranged through London & Country coming to an end at end of Nov. Since we set it up my wife has given up work to be full time mum and carer, meaning that our household income has dropped and London & Country have advised we're unable to go anywhere other than First Active for a…
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Can I do anything about this?
Having read a previous post about being given the wrong information on the phone by the bank mortgage advisor I feel interested to see if my case is similar and if I could take some sort of action. A few weeks ago, nearing the end of our fixed rate, I phoned our bank to see what they could offer me. I told them I didn't…
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should I pay off my 13,000 pounds mortgage debt with 0% credit card
Hi all, would appreciate some advice. Have Abbey mortgage 13,000 pounds left to pay. Flexi mortgage, have saved and paid off lump sums over 13 years. Agreed 1 year payments to complete. Interest will be 135 pounds per month. Negotiated deal with MBNA 2% fee and 9 month 0%. Will be about 1400 per month but a huge saving on…
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Mortgage Mis-Advice
Hi Really in need of some advice. We are on a fixed rate mortgage with Abbey National that is due to end at the beginning of November. Over a month ago, we spoke to the Abbey about remortgaging. They told us they could convert us at a good rate, reasonable arrangement fee etc. We agreed and they told me there was nothing…
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BoE Base Rate - Mortgage Rate
If as expected the BoE Base Rate is reduced to 3% perhaps 2% by the middle of next year. Would the mortgage rate follow or is it tied too much to LIBOR. If is does follow and the mortgage rate becomes 4% or lower, do we assume that there will be a stampede back into the housing market and prices rocket. Is this too…
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Mortgage more than equity
hey people this is my first post so please be gentle with me if i'm repeating an old post. We are currently 10 months into a 2 year tracker mortgage with Mortgage Express. our mortgage is for £166k on a property that we purchased for £174k. If at the end of our 2 year deal we want to get a new mortgage deal and our…
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Should I temporarily pay off some of the mortgage?
Hello everyone! Sorry if this sort of question has already been asked .. but here goes from a newbie. I have done two 0% balance transfers this week, so have to find enough money in 13 months time to pay off the credit card. (Yes, I've remembered Martin's never ever ever speech, so the card won't be used again until I've…
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Can a Mortgage be Frozen ... probate relatedd question
Hi does anyone know if there is anyway of getting mortage payments frozen? Maybe this is just a dream scenario but the story goes something like this.... ... last year my mothers brother died . There was not enough in the estate to settle tax bills etc so his home was put on the market. The sale has fallen through twice…
