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remortgage to first direct
after my valuation debacle with nationwide i am seriously considering trying a first direct offset mortgage. apparently they will allow upto 90%, so i would have a chance if my house did not reach previous expectations of £192000 so before i apply, i thought id check what they would lend me. 3.5 * 1st app and 1.5 * 2nd app…
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Barclays Overpayments
Recently I took out a Barclays mortgage, it's my first ever house, I'm just out of uni, but I was wondering how I could make overpayments, I've seen on other posts people doing this regularly and one-off payments. Any help is greatly appreciated. Thanks
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change from repayment to interest only?
HI I currently have a mortgage with GE :rolleyes: and recently asked for a statement as we were thinking of moving house. We only then realised we had only paid about £3k off our mortgage, this is after 2 1/2 yrs of paying £512 pm!! So Im thinking would it be worthwhile changing from a repayment mortgage to an interest…
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Halifax Tracker Advice needed..
Our mortgage with Halifax at 5.19% 2 years is coming to an end in February. Broker recommended tracker for 3 years at base rate + 1.79% with arrangement fee of £1500 (with Halifax) - which will currently be 3.79%. I'm not sure if this is a good deal at the moment considering the high arrangement fee, but broker was saying…
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Pensioner Parents Remortgage ?
My parents have no income that they can prove and are 65 and 70 respectively. Their house is worth between 400 and 500k, and they owe 270k. Is there a lender in the current climate that'd let them self cert or just remortgage on the basis that they've never missed a payment ? Some time ago they were forced to take an…
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Any 90% LTV mortgages available for New Build Homes?
Can anyone advise of lenders that specialise in New Build Mortgages? We have been happily saving a deposit towards our dream home (which we have found!) however there is a double whammy which puts it out of our price range for now. First being that, as a new build, any lenders that I have enquired with only offer up to 85%…
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5% deposit mortgages?
Hi all Are there any lenders doing 5% deposit mortgages for 1st time buyers, my daughter and her partner have found a house but only have 5% to put down on it...The seller will accept £60,000 for the house but its not looking good for a mortgage for the rest...they are both in work and have a good credit rating.....any…
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omg HELP! Emergency!
Hi, So tonight I checked our joint account just on the off chance. The mortgage goes out on 7th, so tomorrow as its a Sunday. I notice the balance says £0. Strange I thought.. I asked the OH to check if his money has gone into the joint account and he finds that his salary was paid in, and then the very next day the exact…
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ING Mortgage to pay or not to pay?
Thanks in advance.
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Fixed rate 100% mortgage ends soon. What now?
My boyfriend bought a flat almost two years ago for £140k with no deposit, the mortgage company (Northern Rock) also combined his £10k debt into the mortgage so esentially he has a 110% mortgage. When he took his mortgage, he fixed his rate from two years, this will end in May 2009. Northern Rock sent him a letter a year…
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First Direct Mortgage rate standard variable
Hi there, This my first post. Just wondering if anyone knows whether First Direct are cutting their standard variable rate. I had one cut when bank rate was cut to 4.5% (end of October?) but nothing since. Thanks a bunch.:confused:
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what to do now??
My sisiter and brother in law recently looked around for a new mortgage as their fixed term had come to an end. In a nut shell one large BS set up a new deal for them without getting verbal or written acceptance (all she did was speak on the phone) the paperwork came through at the same time as the paperwork for the…
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Less than 1yr Ltd, what mortgage?
Hi, I am looking for some advice, I have very recently seen a flat, new on market for £150k. I intend to to make an offer of 120k initially but could only go upto 128K to afford the 25% deposit i will probably need. my problem is, i only became ltd on 1st April this year, therefore i can only show accounts fo this year,…
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The people that took out 125% mortgage...
What i find funny and makes me head go red is the people that took out a 125% mortgage and now has to go crying to the state to get help.. just wanted to see if there was others that fell the same way i do.. I totally understand if you lose your job and need some help but why help the idiots that took on more then they can…
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Missing a mortgage payment
I am not going to be able to pay my mortgage payment this month its due on the 12th i have my mortgage with Abbey i have missed one payment about 7 months ago and they added onto the term i am worried about missing this months payment and what will happen. Any advise would be appricated
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Advice on offset mortgage and more?
I've been renting a property for the last 4 years while my equity has been sitting in a Savings A/C earning enough interest to pay off a good proportion of the monthly rent, while I waited for the market to turn in my favour. Now that my Savings A/C interest has been slashed and the property market has dropped, I'm now…
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Bristol and West-fix ending soon
Hi all, newbie here looking for advice. Have 3yr fixed rate at 5.5% with B&W ending May 09 and wondering what to do! Current LTV is approx 90% but was a self-cert originally. No arrears or any missed payments but need to ensure monthly instalments do not increase.Any suggestions? e.g Remortgage or negotiate with B&W?…
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HSBC 3.68% Tracker with 60% LTV
Just to let you all know HSBC has introduced 3.68% tracker (this was 3.99% before interest rate dropped to 2%) for 60% LTV. I think this is a good deal NOT for anyone with 40% deposit. Apologise for my bad post. This is not such a good rate! I'm still thinking it is 3% base rate so on top of that it was 0.64% but It is…
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Reduce term or reduce monthly payments?
I am 2 years into a 5-year fixed rate mortgage (>5%) with Nationwide Building Society. In the past, on occasion I have overpaid the mortgage by £500 as my contract allows me to overpay by £500 maximum a month. I recently overpaid my by £500 but unlike on other occasions I got a letter from Nationwide saying that they have…
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FTB Mortgage question
Hi I have just got a credit report from both equifax and experian. My Equifax report gives me a good score where as the experian one doesnt. Does anyone know what Mortgage companies only use Equifax? Many thanks
