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Are there any 85% LTV Self Cert remortgages available?
Myself and wife own a property and after refurbishing it we are looking to remortgage to release some capital, Property Value: £250000 We would like to find a 85% LTV mortgage, leaving 15% in the property....any less LTV would not allow us to release enough capital. We cannot prove our income and so are looking for a Self…
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Going temporarily interest only
Hi. I need to remortgage to raise some cash for an extension. It is important to keep the monthly payments as low as possible for at least the next year so I was wondering about taking a short interest only deal like the variable offset from First Direct currently at 3.49%. There is no tie in so when the wife starts…
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Rooftop Mortgages to High Street Lender
We are in a predicament at the moment where we have been 3 years with Rooftop Mortgages, it was okay during the first couple of years, but with the present climate despite the interest rates going down our mortgage has just increasedby over £43 a month which we are bitterly dissapointed with. We have 1 CCJ against us and…
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Whats the likely offer?
Just wondering how my daughter and her friend would get on at the moment,they want to buy a house - First Time buyers,together,for £120,000 - the one earns approx 21k and the other 26k - both in safe-ish jobs - they will have about 12k deposit in Jan - the house they have seen is 120k - would thye get a 95% or have those…
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(long post) can you help me work out mortgage balance?
Took out a mortgage July 2007 for 179,000 , interest rate fixed for 2 yrs at 5.14% Going through annual mortgage statement from June 2008 again and a few things confusing me (still!) Annual Mortgage statement 13 June 08 - 12 June 08 opening bal £179,000 Debits: Interest £9,184.07, property insur 0, other interest 0 , fees…
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What is the best way to get a mortgage with my partner ?
Hello there, i am buying a house with my partner in the spring, i have a good credit rating, she has a bad rating. i currently have a house and fixed mortgage that ends in the spring. When my fixed ends, (hopfully we would of seen some houses we liked) shall we just apply for a joint mortgage ? Is there any other options?…
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Any disadvantage in increasing mortgage term if overpaying anyway?
Just about to remortgage onto a fixed 5 year deal (Britannia 4.89%). Current mortgage has 22 years to run, so I could just remortgage at that term. However, I am planning to overpay as much as possible each month, so I was wondering if there were any downsides to just sticking the term at 25 years. My reasoning being that…
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Best 10 Year fixed rate.
Can anybody advise me who is doing the best 10 year fixed rate at the moment. Loan to value appriox 50% and would also like to reply. Have heard that Chelt & Glos are doing 4.99% just wondering if anybody is doing anything better. Many thanks
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Additional Borrowing from a New Lender
I have existing mortgage with C&G at fab tracker rate and want to borrow an additional amount to build an extension. The current rates offered by C&G for additional homeloans are high and I want to know if its possible to borrow an additional amount with a new lender without having to transfer my existing mortgage from…
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How to calculate effectiveness of over paying my mortgage !
Hi I know it is a good idea to over pay your mortgage but is there a way to calculate the effectiveness, without a degree in maths. I know there are factors to consider such as intrest rates changes etc but there must be a rough way, can anyone help. Thanks. Dan
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Remortgaging - Advice for a novice
Hi all I've read through a lot of posts on here, but obviously they are very subjective to the people asking about their situations. I'd very much appreciated anyones' suggestions for my questions. 4 years ago I bought a 3 bed flat in NW London for £225,000, borrowing £200k and providing the rest as deposit. I'm now near…
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Remortgaging after change in person circumstances
Hi, Not sure if there were any other threads on this type of scenario but had a search and couldn't see any. I have a joint mortgage (fixed rate 5 yr) with my hubby at the moment. This is all great however due to family expansion i may need to give up work next year in order to look after my family as it will not be…
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lendgo
hi all has anybody used above company ( lendgo ) for remortgaging. im currently in a fixed 5 year with nationwide 5.6% ( 2.5 years to go ) and i was considering re mortgaging .
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need a unsecured loan after a remortgage?
Any help/advice appreciated.. I have curently going through a remortgage..as the holuse valuation came lower than i expected ..i am goin for a personal loan over 10 years to fund the extra shortfall...only reason iam doint shis as my cureent mortgage is on svr of 5.34% while the new re mortgage is boe +0.79,which is really…
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Underhand Tactics by Mortgage Companies
I recently applied to the Nationwide for a mortgage on a new build property. All was well until it came to the valuation. The surveyor commented (before inspecting the property) that he had been instructed by the Nationwide to undervalue the property. Now I know that valuations can vary, but he came back with a figure of…
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Interest to repayment mortgage.
We are planning on changing our mortgage over to a full repayment in August 09. What kind of insurance would we need to pay it off if something happened to me or my DH. We have critical insurance (considering cancelling this at the moment) motgage payment protection - accident/sickness/unemployment and a bill insurance…
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NRe-mortgage application fee - can I get it bacK?
Hi all and firstly, great site! I just came off a 2 year fixed with A&L and was about to fix for another 2 years with Natwest when the interest rates dropped again. Unfortunately, I had just paid the application fee of £499 upfront before the interest rate drop, and effectively tried to negotiate with the bank to allow me…
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Best Tracker deals right now?
I have 178,000 mortgage and an offer from Halifax to go on Tracker (no collar) of 2.19 above base rate for 3 years - cost is £999. It doesn't seem that good to me, but broker can't get any better deals. This may be crystal ball gazing territory but do you think any better deals will emerge in next few months?
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Nationwide mortgage - fixed term ending
My partner and I are coming to the end of a 2 year fixed deal with Nationwide (5.48%). It finishes in April 2009 and I’m guessing that our LTV at that point will be just over 75% which means that there aren’t many attractive deals available to us. Am I right in thinking that we’ll automatically go onto Nationwide’s base…
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Re-mortgageing error by Halifax??
Hi, I re-mortgaged with the Halifax last April when I decided to consolidate a loan for nearly £6000 that my wife had with the Halifax and increase my mortgage repayments with the "spare cash" she was left with in order to reduce the overall length of terms of the mortgage. Great idea in pricipal, as I asked for (and got)…
