-
gmac sold mortgage to north yorkshire svr?
ok, so my fixed rate of 5.59 ends on the 1/1/09, my original mortgage was with gmac, who then outsourced it to north yorkshire(scarborough building society), i cant remortgage cos in negative equity, so who's variable rate will i go onto? bearing in mind that, scarborough who i never took out a mortgage with! has a svr of…
-
What's your reason for being on SVR?
Tried to word that title in the least confrontational way possible. Sorry! Anyway, before I got a mortgage I didn't even know there was such a thing I just thought everyone moved round on deals all the time... naive I know!! So why are YOU on the SVR? Was it forced out of circumstances or was it choice? What are your…
-
Chelsea Buliding society
Hi, Can anyone tell me why the Chelsea Building Society take an absolute age deciding there interest rates they seem to take that long that everyone forgets them so when they don't pass on the full rate cut it passes everyone's attention. They have not passed the last 2 rate cuts on in full my first motgage reduction does…
-
HSBC Tracker floor
We have searched out HSBC agreement and cannot see anything about a tracker floor. Anyone got a mortgage with them and know different? Thanks
-
Nat West tracker - slow to responde?
Before i ring - i am sure banks are busy at the moment fielding calls need some of you good peoples advice. Took out a 2 year tracker in February at BANK RATE + 0.04%. Details of Mortgage state that "ANY CHANGES TO THE NW BANK BASE RATE WILL BE APPLIED WITH EFFECT FROM THE FIRST DAY OF THE FOLLOWING MONTH" Had a letter…
-
Bradford & Bingley stitch up?
Our fixed rate mortgage with B&B has just come to an end - we were on 6.58%. Naively, as it turns out, with the reduction in base rates I was anticipating a slight fall in our rate and repayments but instead it has gone up to 7.09%. Is this a general trend with those banks that have been bailed out with our money? Are they…
-
Halifax Mortgage Customers who are only getting 0.25% of the 2% baserate cut Revolt!
I was listening to 5live last night and I found out my rate will only be cut by 0.25% of the 2% Bank of England Base rate cut. MSE is great but rather than a long debate in the forums about if it's fair or not I've made a website in ten minutes with moonfruit. Check it out or tell anyone who is in the same boat as me to…
-
The Minimum possible Mortgage?
hi guys, just being a little curious about - what's the minimum possible amount you can have as Mortgage. I read somewhere that 35,000 was the figure, probably the bank I was dealing with at that time and it may have chaged. what about the least amount people have as mortgage. I know someone who has £100 balance on the…
-
i am all confused about morgage cuts
I am with IF morgages at the moment our morgage is fixed but in March it will go to i think standard variable rate .Our fixed rate is 7% but i got a letter today it was like a statment and it says in March our rate will be 5% it is a interest only morgage .I am not well up on morgages but i am wondering why we will still…
-
Halifax Fixed rate customer revolt!
I'm going to repost this with a correct subject. thanks Billy http://halifaxmortgagecustomer.moonfruit.com
-
Halifax just pulled all their trackers again
New rates to be issued shortly. You never know, they might be lower :rolleyes:
-
How to overpay please?
Hi I have a Chelt Glos mortgage account, owing 49k. I overpaid £1200 earlier in the year (a tenner charge) , but I don't know how to set up - is it a standing order? - so I can overpay adhoc, say, £30.00 a month? My bank is LTSB.
-
Is it better to pay more off your mortgage now??
Hi All, I am considering overpaying on my mortgage at some point (no penalties) Is it better to pay more off your mortgage in the current climate when the interest rates are lower then it would be if the interest rates were higher? In my mind if i pay more now, then less gets taken away on interest, but if i leave it say a…
-
Overpay a bit today and watch your mortgage melt away!
I have a Woolwich Lifetime Tracker at 0.18% above Base Rate. £76000 over 20 years. I decided when I took it out (in June 07 at 5.68%) to budget for payments in the region of 6-7% in case the rate went up. My first mortgage, which was a 100% mortgage touched 14.75% at one stage so I know the pitfalls of not budgeting for…
-
Renewal coming up next year...
And I'm at a loss at what to do. It's an fixed rate interest only product, funded by - lucky lucky me - a shares ISA, which has lost about 6K off it so far. We were in the lucky position of almost being able to pay it off ten years early until this mess happened as we purchased in 1999 so missed the unfortunate house price…
-
Improving Your Credit Score?
Trying to remortgage at the moment and have been refused by two companies. both reasons have been due to a poor credit score, nothing else. I joined Creditexpert.com and according to that site all debts I have are in a 'satisfactory state', I have had no late payments and I am on the electoral roll anyone give me some tips…
-
CHL Mortgages
Does anyone know what is happening with CHL Mortgages company? I wanted to do a transfer of equity and was told this would be fine and sent the forms in October. I got busy and just got around to filling them in and thought before i send them i would call them to let them know. There is a recorded message saying CHL are no…
-
first direct life time tracker
Hi there, I'm currently looking to remortgage my property with first direct on their Life time tracker at 0.99% above the BBR. However I have one very Simple question which I can't seem to get an answer to in the terms and conditions. Does anyone know if the life time tracker means I will have to stay with first direct for…
-
i have a nationwide fixed deal expiriong what to do???
i currently have a nationwide fixed deal expiring in feb/march i have a £57500 mortgage left over a 14 6 month period. i currently pay £481 per month. the value of my house is around 120,000 i am just after some advise what to do in the current climate. i was thinking of reducing my period to 13 years to pay it off quicker…
-
Lancashire Mortgage Company
Does anyone else have a loan with them, they are not passing on any of the recent rate reductions despite their variable rate being well over the norm anyway.My payments go up if the interest rate does but I have been told they aren't obliged to reduce it when it comes down. Their interest rates are crippling and it would…
