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Abbey Remortgage Advice Desperately Needed
Hi wondering if anyone can give me some advice in getting a Abbey remortgage. I've been told many many times to call them up and arrange a remortgage and I've done just that, countless times. Every time they say they're going to post some information to me, I wait weeks and nothing arrives. I've even requested them to post…
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Fixed mortgage? Ditch & switch to a low rate deal.
Fixed mortgage? Ditch & switch to a low rate deal? After a political kick, most mortgage lenders' variable rates have followed the UK 1.5% interest rate CUT, leaving some on tracker or discounted deals paying historic lows. Pundits predict more rate cuts, though lenders won't necessarily pass them on. Ditch your fix…
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Time to cach in endowment?
Is it a good idea to cash in an endowment policy. Mine matures in July 2009 and the terminal bonus rate is going down !!( from 82% Dec2007 to 64% as at May 2008 ) At monthly premiums of 63 pounds I have to put in about another 500Pounds for what may be a low final bonus.Does anyone else have the same problem
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Mortgage Best Deals - First Time Buyer, 90% LTV, Scotland
Hi Folks, First time post! Looking to see if anyone can offer any advice on the best buys out there for a first time buyer 90% LTV currently. The Scenario Buying a house with my girlfriend, salaries both £25k, good credit etc, Property Price - £185,000, 10% deposit Tried the the broker route and the best deal was C&G Fixed…
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Guidance please - Endowment, Mortgage reduction or Savings?
Apologies if this has been covered elsewhere (I know that parts of the question have been answered elsewhere, but I'm still confused). I have an endowment with L&G.. I have recently had a projection which is indicating a significant shortfall. So, I have taken the decision to move to full repayment mortgage at 3.99% (Base…
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Mortgage Arrangement Fees
Mortgage Arrangement Fees are typically £999 which in no way represents the cost to the Bank/Building Society of setting up the mortgage. As such, there should be a method of reclaiming. IS THERE? Warren
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Abbey National have no fixed rate?? HELPP
Hi all... our fixed rate runs out end of Jan so i am looking into a new deal. Unfortunately i cannot get our LTV under 76% as no money to pay off mortgage at present. All other mortgage lenders can only offer me: 6.99% which is loads Abbey (my existing lender) cannot offer me anything other than their standard variable…
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Fix now or wait for the rates to go even lower?
This is one for all you people with a crystal ball.... I am currently on the SVR with West Brom and they have just offered me a choice of :- 1.99% for one year + 1% arrangement fee 2.99% for one year (no arrangement fee) 2.99% for two years + 1.5% arrangement fee All of these have repayment charges, but this would not…
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No salary but regular income - where to start
I'm a Newbie here - so please be gentle and generous. Age 45, 3 children. Separated from long term partner (27 yrs) 9 months ago. I walked out and am now in rented accommodation. Very little in terms of financial settlement. We weren't married. Hoping to buy somewhere next year. Probabaly around £130k mark. Should be able…
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Mortgage fix now?
With the interest rates going down and having a tracker rate with no get out payment, is it worth me changing to a fixed rate mortgage asap, or should I give it another six months or so, to cash in on any more potential interest rate cuts. Is anyone giving good deals on fixed rate mortgages?
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non fixed rate morgage
Hi, trying not to hog the whole forum, does any of the IFA's (or anyone come to that!!!!) know of any non fixed morgages available at the moment. Is for letting to a relation, so buy to let or maybe residential, £23.000 deposit on a £150.000 house, hopefully at less than 6.35% Would love to hear from you. Moon
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Fixed rate ending - what to do??
Hi all, First post, so go easy on me! Our fixed rate of 4.99% with HSBC is ending at the end of January and we're wondering what to do. All the tracker mortgages seem to have dried up and the fixed rates don't seem to be coming down. Are they expected to come down? And if so when? Is it worth sitting tight until mid-Jan or…
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Mortgage help wanted - would it be beneficial to extend mortgage term??
I am one of the unluck ones who was advised to fix at 6.58% in September!! Regretting it now. We are fixed in for 2 yrs and would have to pay £921 ERC - which is an option. We owe £55,000 and our house is worth £180,000 and we currently have 14 years remaining. What I want to know and I'm struggling to work out is... how…
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Is anyone on the Bank of Scotland SVR?
Hi Checked a recent letter regarding a reduction in my mortgage payments I have received from Bank of Scotland (that's the HBOS Bank of Scotland NOT the Royal Bank of Scotland). The standard variable rate is 5.35%. How can this be I thought as the HBOS rate is 5% and Bank of Scotland is part of HBOS. Oh no said the call…
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Putting boyfriend on mortgage
Hi there Wonder if anyone can help. I've been going out with my boyfriend for 2 years now and we've been living together for a year. My fixed rate mortgage comes to an end in March so we're looking to remortgage and get a bit extra to do up the kitchen ready for selling. We eventually want a house that we've bought…
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Advice - interest only mortgage - overpay or save?
Hi I'm on a great tracker interest-only mortgage at the moment, and wanted advice on the best thing to do now that the rates are down. I treat my i-only mortgage like a repayment one - overpaying when possible. My main question, is should I overpay more now (paying £900, mortgage around £460), or should I overpay less and…
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Fixed rate re-mortgage application
My fixed term mortgage is due to expire the end of January so I went to barclays recently to see what new offers they had. We decided on a 3 year fixed at 5.89% but the mortgage advisor couldn't trigger the app. until the end of Oct (3 months before the current term ends). She said she had checked to see if the rate had…
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Does mortgage overpayment count as savings for benefit purposes?
Currently overpay £300 a month and have about 30k 'overpayed' on our mortgage. Just a standard Discount tracker (yay!) but we overpay when we renew. On the statement it doesn't specify that we have overpayed so when I lose my job in a couple of weeks (Possibly) do I have to declare it??? We only have about 3k in the bank -…
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new mortgage at high rate - should I change?
I am into the second month of a part repayment, part interest only mortgage at 6.39%. I have £92,997 on interest only and £38,000 on repayment. I am obviously not going to have paid much off the repayment element of the loan at the end of the 2 year fixed rate. I have checked out some new rates, mainly with the Abbey, who…
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Drop in house prices
Hi, Could anyone explain where the perceived !5% drop in house prices comes from???? many thanks Moon!!!
