-
Mortgage Nightmare!
Hiya All I've been lurkin on the site for quite a while now and have to say what a fantastic site it is, and I was hoping that you would be so kind to offer me and my other half some advice. I have to give this post a health warning at this point as its very long winded.:exclamati we seem to be stuck in a mortgage hell at…
-
Should we cash in endowment?
I am sorry to post this, I did try and search the forum, but I couldn't find anything. I get very panicky dealing with financial things and words can run into each other and I get really confused very quickly. My dear heart is worse. So I thought I would ask for the opinions of the kind people on here, because I had a…
-
Will asking for an interest payment only mortgage damage my credit rating?
I'm with the Halifax. Will asking them to change a repayment mortgage to an interest only one harm my credit rating and will they be open to doing this? 31k mtg owing about 27k with 17 years to go paying about £210 a month Age 35 Salary 21K Due to be paid off at age 52, so if I changed it to interest only for say 2 years…
-
V.V.Confused
Hi Everyone! It's my first time on the Forum and just wondering if anyone could give me some advice regarding Mortgages. Our fixed rate is due to end in feb 08 after 7 years, currently with Abbey, and trying to work out what to do in the current climate? Toying with the idea of changing to interest only for a while until…
-
I Have a Northern Rock Mortgage Dilema...
Hi All. I am after a bit of advice or more of a "What would you do"? I have a Northern Rock Mortgage that was fixed at 4.99% for 2 years in December 2006, so it is due for renewal. In July we were contacted by our Mortgage adviser to say we should start looking. At the time there were plenty of products about but because…
-
Anyone had any dealings with Rooftop Mortgages?
2 1/2 years ago I remortgaged a BTL with Rooftop Mortgages, at a reasonable fixed rate, with the intention of moving on to a new fixed rate at the end of the 2-year period. When that period came to an end, however, there were no suitable remortgage products available - at least not without having to put a very large lump…
-
hsbc mortgages
I applied for a re mortgage with hsbc in sept adn they agreed subject on valuation.they took my booking fees and re assured me everythign was ok.my valuation was done on the 15/10/08 and my remortage was gointo go through on 12/nov 08.on that day solicitor called an dasid hsbc have stopped the remortgage on valuation…
-
Invisible House Deeds ???
I am hoping to pay off my mortgage shortly but when I rang the Halifax to ask how much they charged for looking after my house deeds they said they didn't hold any on my house. They said new houses sometimes don't have paper deeds (house is 7 years old) and they are not important anymore as everything is held at the Land…
-
For Sale a Brand New Original Nokia N96 16gb.....250euro
Hello,We sell electronics at very discount prices.Items such as Mobile phones,laptops,games console,Plasma tvs.All items purchased from our company are brand new sealed with complete accessories in its original casing and comes with 1 year international warranty. FOR FURTHER ENQUIERY PLEASE CONTACT US THROUGH OUR EMAIL…
-
Have Virgin One Account passed on latest 1.5% drop?
Hello all I have a Virgin One Account and have had no correspondence from them regarding the last 1.5% drop in interest rates. Maybe they haven't written to me yet or maybe the postman has dropped it in a puddle. Anyway, does anyone know if Virgin are going to pass on the cut? Also, I'm paying 0.5% more than I should be…
-
Egg Maths
Anyone know the answer to this? I'm still waiting for Egg to get back to but I wondered if anyone else had been through this question. I asked Egg how my tracker mortgage and its offset account interest was calculated as all the T&C said was on daily basis. The question is what is the daily interest rate since Egg only…
-
Turned down for add'l borrowing on home mortgage because I have 5 BTL properties
Hi I wondered if anybody could give me some advice about what to do about this. I am with Nationwide on their variable rate of 4.69% and I am very happy with this rate so wouldn't want to move lenders unless I had to. I have 5 BTL properties that I own with my sister in a limited company, and I have another BTL that I own…
-
Horns of a Dilemma in Equity Release – Advice needed
I am new on here and would appreciate any advice before taking the next steps. I did a search but couldn’t really find any relevant advice. My father passed away last week leaving my mother as beneficiary. They downsized 25 years ago and bought a bungalow which was mortgage free at that time, although they felt that there…
-
Changing Deal with Existing Lender
I recently agreed a new deal with our existing lender Natwest. A fixed from 4.99% to 5.84%. Obv, they have just recently dropped their fixed rates but as I have already agreed a new deal with them, is that it, am I stuck? Natwest are telling me I am. The new deal doesnt start until the 1st Dec. They are saying to write in…
-
Remortgaging: Funny note on my file
I'm remortgaging with FD. After sending off the legal and offer docs, I rang to confirm receipt and to find out what to expect next. I was told that a redemption figure would be sought and to give it about a week, within which time I should have heard more. I did say in the call that I wanted to move onto their mortgage as…
-
Nationwide Reservation Fee, am I tied into paying it?
We currently have 2 fixed rate mortgages with Nationwide, one is due to end this month, and the other (top up to original mortgage) is due to end in Feb. A couple of weeks ago we had a conversation with a Financial Advisor from Nationwide who told us what rates etc we were able to take. I have to say she wasn't very…
-
Tracker Mortgages - top tip on 5live this morning
Morning All Not sure if this has been posted...... A caller phoned up 5live this morning saying that she has a tracker mortgage with Barclays and they were not reducing the rate on her mortgage since the Base rate cuts. Apparently they (Barclays) review the rate in August....however she asked them to apply the change with…
-
mortgage overpayments
Hi first timer here I have 2 mortgages 1 at 64k and the other at 12k interest only on both if I can offord to overpay which one should I pay into. thanks all just to clear up the small one is a top up and are on the same interest rate thanks
-
Selling with Negative equity.
I am currently looking at selling my flat and believe that it will be valued about 8k under what I bought it for. If i sell the flat and still owe the mortgage lender 8k do they ask you to pay it pay all at once, or do the mortgage payments continue as normal till it is paid off?
-
for those questioning why mortgage rates may not fall in line with BofE
Reading the full details of the Govt cash injection to one of the main players - in the form of perference shares 12% fixed for 5 yrs, with a follow on rate of libor+ 7% of course they can repay it early!!
