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Can we get the reduced mortgage rate if we have yet to start paying the mortgage?
Hi, my patner and I have been trying to buy a house and we ran into alot of problems first of all. We started a mortgage deal with one major bank only to be told that they thought we were trying to be fraudulant! Reason they already had a man with the same name and DOB as my partner, therefore refused to provide us with a…
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remortgage
my mortgage with current lender coming to end by end of dec.. is it good idea to go for a fixed rate? I've received an offer 4.79 for two years fixed. Should i take the offer?
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help need extra cash?
To cut a long story short...i have to remortgage and have had my house valued significantly less than i thought...i though it was worth 290k but its come to 260k.... i want to remortgage to hsbc from alliance and leicester as im out my fixed deal...hsbc rate is boe plus 0.79% on top..which is a bargain i booked this 2…
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Long Winded - But any advice would be very welcome
Hi, I would greatly appericate any financial advice given. It's long winded but please bear with me. I own two properties, one i live in and one i rent out. Below are the terms of their mortgages and current valuations (estate agent valuations, and i have taken 20k off for more realistic price), with the current rates…
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Mortgage Info Required
When is the earliest time you can get a mortgage product put inplace that will be honered as i have 7 months left on a 5 year fixed rate deal, Thanks
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Bank Of Scotland Standard Variable
Currently 5.35%. Have they made any announcement about a potential cut yet ? I have had no official confirmation from them yet. Any links/ info gratefully appreciated ;)
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Mortgage Rate Data from Past 10-20 Years?
Hi Does anyone know where I can find historic interest rate data from last 10-20 years. I would like to be able to compare how the following rates have compared in the past: Base Rate LIBOR Rate Bank SVR 5-Year Fixed Rate 10-Year Fixed Rate I know the last 3 wil vary from bank to bank over time but I am trying to find…
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Getting £100k, what to do?
I'm about to get £100k from ex after buying me out of marital home. On my new house I have a fixed rate mortgage of £180k on 5.49% for the next 2.5 years. My question is should I redeem the mortgage and pay off the £100k thus reducing to £80k and look for a better deal.?Are there still tracker mortgages out there? Or stick…
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Why not use a broker?
A quick question if I may..! I have been browsing this forum of late and have come across the lively debate over mortgage brokers and their work! What I am curious about is if you are using a broker who is commission based (and hopefully whole of market) where is the harm in asking them to secure you a mortgage and at the…
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YBS - BoE tracker and 3% Collar
i have a offset tracker BoE +0.75% mortgage with YBS that i took out in dec 2004. i cannot remember ever been told about floors/collars when the meetings took place and i checked all my paperwork last night but still no mention of this. ybs have stated roughly 88% of their trackers have a collar so is anyone aware if their…
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Does moving mortage make sense in this case?
Hi All My first post here, not very good with money advice so was hoping someone might be able to help me figure this one out? Here are the facts: Mortgage : C&G Stepped Fixed Rate Term: 25 Years (23 left) Payment type: Repayment This mortgage is going up to 5.99% in January increasing our interest portion of the payment…
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Fixed Rate Mortgage Help
Here's A Thought That I Have Been Huffing And Puffing At Since The Goverment Decided To Help Out The Banks . I Must Be In The Same Boat As A Lot Of Hard Working People That Changed Mortgages Over The Last 18 Months ,.at The Time I Considering My Options And Decided That I Would Not Over Stretch Myself And Went For A 10…
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Paying a little extra
I've decided to stop paying into one of my regular savings and pay a bit more into my mortgage. I have a total mortgage of £153,500 (69k repayment, 84.5k int only) on a £250,000 property. Are there any benefits of paying into the interest only versus the repayment? (or vice versa) I've already checked and I will not incur…
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HBOS not invoking tracker floor
Good news for those with HBOS tracker mortgages. from the BBC Not so good for those on SVR... GG
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Mortgage lenders need to balance the books
With the Bank of England reducing the base rate to a 57 year low, mortgage lenders will find it MORE difficult to balance the books. Many borrowers, more than ever before, have tracker deals that are contracted to follow BofE base rates. Few, if any, mortgage lenders would have expected reates to fall so dramatically.…
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Coventry/Godiva
After the measly 0.5% Coventry gave on their SVR last time round and they had to have a meeting which took a month to organise and the actual cut is not to be implemented until December. It will interesting to see what happens this time - it seems to me that everyone and his dog knew the cut was going to be 1% - so do they…
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House Purchase - Money in Transit Insurance?
Hi I am here as one of a diminishing band of people going through a house purchase... With all the hiatus in the financial markets at the moment, I wondered if it is possible to insure the money in transit ie from my account to the Solicitors, to the Vendors? I've made enquiries from my Solicitor and local Insurance…
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Advice on changing morgage
First time on here so be gentle with me... Im in a right pickle here and need some help and direction.. I am currently unemployed and on Benifits so inturn after waiting the 39 week wait I was intitled to getting help with the interest on my morgage payments from the goverment. They help on the interest of the first 100K…
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Price Comparison Sites: Deal or No Deal?
BBC2 7 p.m. 5th December 2008. Could be interesting.
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Birmingham Midshires and Chelsea are not passing on interest rate savings
I've got a tracker mortgage with BM and they are being real meanies when it comes to passing on the BoE base rate cuts. I'm not going to see the 0.5% October 8th cut until January and the other two, more recent cuts of 1.5% and 1% won't happen until late Feb or March. This is so mean as the idea is for these cuts to…
