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Portability Query (HSBC Lifetime Tracker)
Firstly I know I should be asking HSBC this question and I am waiting for the branch mortgage adviser to call me back on this but wondered if anyone here knew the answer : I am about to apply for the lifetime tracker in my sole name but am likely to be purchasing jointly with my partner in 12-18 months. The mortgage is…
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My mortgage and relocating abroad
I am relocating abroad temporarily where I have found a good job opportunity. I am planning to let my flat while abroad but my mortgage lender only allows me to do this on a short term basis (maximum a year). They told me I should arrange a buy to let mortgage but they do not have any buy to let product at present.…
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Should I stay or should I switch?
I currently have a £67,000 interest-only mortgage with Northern Rock, which has reverted to SVR, and an ISA-based mortgage plan with Legal & General, currently worth £8,133. The combined monthly payment is eating into my budget, so I've been looking at my options. I've consulted a whole-of-market mortgage advisor, and they…
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Getting out of a remortgage
Hi My situation is that my 4.79% halifax fixed rate finishes on 1st Jan 2009. A few months go I reserved a fixed deal with HSBC at 6.59% for 5 years and paid £799 booking fee (very clever of my eh?). Obviously with interest rates coming down substantiously recently I will be paying quite alot over what I would have…
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birmingham midshires BTL
have BM passed on the rate cuts ? I have a 2 yr boe tracker, havent seen a drop in my payments for both the 0.5% cut or the 1.5% cut?
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Polish Couple Looking For Best Mortgage
can anyone help with finding best mortgage for FTB couple from Poland with full permanent residency and 3 years of stay in GB. We have 10% of deposit and one of us is self employed with 2 years of full accounts and the other is in full employment. I`d be grateful for any help.
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Mortgage Overpayments
My partner and I took out a 2yr fixed rate interest only mortgage in Aug 07 on a house valued at £270,000 and only paid a 5% deposit (£13,500). The mortgage allows us to make overpayments each month. The idea was that after 2yrs house prices would rise and we would have more equity with which to re mortgage. But obv due to…
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Renegotiating an existing mortgage?
We have an interest-only mortagage on a property which has considerably dropped in price since the last deal was agreed in 2006. It is not up for renewal until 2011 but, are the lenders (Bristol and West) likely to get a bit difficult when we try to renew? Originally it was based on an 80% LTV but now it would be in the…
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Will 'competition' between lenders bring down rates?
Can we expect the ripple effect to take rates down now that a fair sized caucus of lenders have reduced... or, when the chips are really down such as in the current circumstances, is 'competition' really a right-winger's pipe dream?
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Endowment - please help!!
Hi, We have been sticking our heads in the sand about our endowment for a few years, but the latest red letter we have received has really panicked me, any advice is much appreciated; Endowment is with Countrywide Assured, target amount £66,975. 10 years 9 months left to run. Complaint about misselling made and rejected…
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Withdraw cash from mortgage account?
Hi, i'm new to this site and seeking some advice. :rolleyes: I currently have an Abbey flexible base rate tracker (base +0.5%) and have recently managed to pay off the whole balance :cool: . As it's a flexible mortgage I can also withdraw up to 70,000 in cash. Therefore I was wondering if it's worth withdrawing this amount…
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Tracker mortgage signed and now refused - HELP!
HI, My partners mortgage was up for renewal and so visited the bank and did the necessary ammendments and was offered a tracker mortgage which he accepted and signed papers etc.. This was done on the saturday before the interest rates were cut on the monday. 2 weeks later the lender has basically said that this is not…
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80% Ltv
do such mortgages exist anymore? cant find any anywhere?
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Can anybody help with working out fees?
We need to re-mortgage and have the choice of 2 rates - They are both 2 year fixed for a £140k mortgage. One rate is 4.69% with a £999 fee, and the other is 4.89%, with a £499 fee. Is it worth paying £500 more to get a 0.2% cheaper rate? :confused: Thanks
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Can anyone help
we are now 2 months inarreas with mortage and some bills! cant pay as hubby on sick and only now getting SSP. can we sell and downsize before we loose everything we have worked for? we have over 100 thou equity in the propery. cannot see him returning to work in the near future! We have secured loans on the property also.…
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Where to get a fair self cert mortgage?
Hi, As briefly as poss, here goes: I've been self employed for the last 6 years. Came to the end of a fixed rate with N. Rock a couple of months ago, and have gone onto the SVR, which actually isn't a bad place to be right now due to recent rate cuts. Our house is worth £205,000 and I've been looking to remortgage for…
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cannot let residential property
We recently remortgage with Abbey for 5 years fixed because we got a good deal, 5.93%. The problem is that we have a 1 bed flat with a 1 year old daughter and need more space. At the time we thought we'll be able to sell and remortgage for a bigger place within 2 years but it doesn't look like it now...So we thought that…
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7 year Fixed.
Hi all, first post. Our 3 year fixed with Northern Rock ens on 1st Jan 09 so I'm currently on the hunt for a new deal. We owe 81K, house valued at 160K so fortunately we fall into the best LTV category. I know there's a good few very tempting trackers out there at the moment (3.99 at HSBC etc) but we have a one year old…
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advice please
Hiya Mortgage amount of £74950 Secured loan of £3000 On a together mortgage with northern rock Was thinking I might try and release some funds however I dont really know what that means!!!! I am on a fixed deal until 2010 have been on it for 3 1/2 years now. House recently valued at £99000 however realistically would be…
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To fix or track, that is the question???
Hi folks, I thought I would throw this out there and see what people think - I have been offered with my mortgage broker two options: A.) 3 year fixed @ 4.79% B.) 2 or 3 year tracker @ 4.99% (BoE+1.99% with no collar) Both have same arrangement fee at £995. It seems that the interest rates are going to fall early next…
