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maturing endowments
Hi i need some advice. My endowment matures in Jan 09 which will leave a surplus of nearly £6000. I got another loan for home improvments to add onto the mortgage, which is also linked to another endowment policy and is on course to pay off that loan, which matures in May 09 The Coventry building society says it is going…
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Remortgage Advice Needed
Hi all, I'm currently on a 3 year fixed rate of 4.39% which will end at the beginning of May 09. Got a few questions: How far in advance can I arrange a new mortgage? Would ideally like another fixed rate for 3-5years, are there any similar deals currently available as although the base rate has dropped I can't find any?…
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when does a new build flat become not a new build flat?
I'm in the process of looking for a mortgage for a new build flat. Many lenders will lend a max of 75 % for a new build flat. I have a 25% deposit and I'm wondering if a short term (2year) deal will be too risky due to the likely drop in value and the possibility of stuggling to find a remortgage. Or can I re-mortgage in 2…
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Barclays/Woolwich Tracker Mortgage Interest Problem
All I am really unsure that Barclays are charging me the correct interest on my mortgage. I have a Woolwich (now Barclays) lifetime offset tracker which is tied to the Barclays Bank Base Rate at BBBR + 0.17%. I have checked this with the lender and they confirm that the rate is correct. The way the mortgage operates (which…
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Northern Rock Standard Variable Rate
Does anybody know if Northern Rock have passed on the lated interest rate cut. What is their current SRV for customers.We have a 3 year fixed rate with them which finished early next year. Thanks
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Birmingham Midshires Money Management Service
I had a letter the other day from my mortgage company the Birmingham Midshires asking me to get in touch for a financial review as they have just set up a Money Management helpline service for its borrowers who may be in financial distress. I told them I'm okay but I am a bit worried in case they have info on me that may…
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Yorkshire Building Society Mortgage
Does anyone have an offset mortgage with YBS. Do you know if they are going to remove the collar like other banks and building societies. Part of my mortgage does not have a collar and the other part does so would be interested to find out.
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Mortgages without a deposit?
Is it possible to get a mortgage without a deposit these days? Might save me some time if it is? Cheers dudes...
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moving from woolwich SVR
my mate is on the woolwich STR .Not sure what rate he is paying . He owes £37,000 .Is there a minimun banks will lend when remortgaging as he dosent want to increase borrowing . Is the woolwich tracker deal the best he can get an the moment .Do the woolwich charge a fee to move to a tracker .
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Bristol & West trackers
Does anyone know if B & W have a collar on their trackers?
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Does anyone have a Scottish Widows Mortgage?
I wonder if anyone knows whether Scottish Widows have a collar? The deal I am on is a discounted one - Scottish Widows bank base rate + 0.34% for two years (from June 2008) then it is Scottish Widows bank base rate + 1.00% thereafter. At that time the SW bank base rate was 5.75%. I have looked on their website and it now…
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Intelligent Finance
Has anyone received a letter from IF regarding the 1.5% cut on their SVR mortgage? I've only had one cut 0.5% effective 2nd November (which effected my 1st December payment).
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Do I pay the penalty????
I'm sure there are hundreds of this type of query: I have a 5.29% 5yr fixed rate offset mortgage with First Direct. The mortgage is around £75,000. I also have an extra borrowing facility for £100,000 which I have not draw on yet. I will however need this money in March next year. First Direct have just introduced a new…
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Remortgage Advice Required!!
Currently with Northern Rock on their SVR tied in until August 2009 therefore early redemption fee circa £2,500 108k left on the mortgage and want to pay off within 10 years. Does anybody think it is worthwhile trying to get a fixed deal for the full 10 years whilst interest rates are heading towards rock bottom? If so, do…
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What happens after fixed rate???
I just did a mortgage search and Nationwide are doing a fixed 2 year deal of 4.19% followed by 4.69% for 200 moths or so. Now my question is the 4.69% deal guaranteed to remain the same or can it change according to the banks wishes. If its the latter then how can they advertise it for 276 months???
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Advice needed on mortgage arrears
Hi I have a mortgage with BM. I bought the 1 bed flat in 2004. The mortgage was an IOSC. The property was £95k, I put down a £15 deposit, borrowing £80k. In 2006 I switched to a repayment with monthly payments of around £950. I was living alone and doing well as a contractor (surveyor) so this figure was manageable. In…
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Urgently need some advice on a mortgage we have been offered!!
Hi folks, I really need help/advice asap if poss please. We are currently trying to buy a new build house at the moment. I've managed to negiotiate a really good deal with the builder, who is just a small company, not Barratt or Redrow etc. They have accepted our offer and we are trying to sort out the mortgage. We have…
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mortgage advice needed
I bought my first house two years ago for £212000. My property was a new build and they were offering 5% deposit for ftb. I took out a three year fixed deal with GMAC as they were the only company that would take me. Couple months down the line I was switched to MX. I've been working as an it contractor for the last 2 and…
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90% Plus Mortgages
Hi everyone Sorry if this is not the correct place to post this question, but I wondered if anyone out there may be able to help me. My husband and I are selling our current house and have one in mind that we wish to purchase. Unfortunately if we puchase the house we want and included all the usual (fees etc), we need a…
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payment holidays
i am thinking about having a payment holiday in march when my fix rate deal ends (i cant take payment holidays whilst on my fix rate ) i am with intelligent finance .I am not sure how many payment holidays i am allowed and if its more than 1 per year if i can take them all together ,ideally i would like to take 2-3 months…
