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remortage advice - 45k 7 years left
Hi there, i hope someone can offer some advice pls. I am looking to remortgage for 2 reasons, 1 - paying over the odds with natwest currently 2 - want to borrow a bit to clear a 8k debt with A&L and 5k for a new car currently excellent credit status, lots of history, never missed or defaulted, or any negative history.…
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mortgage express
hi new to this but does anyone have a mortgage with mortgage express. i was with gmac and transferred to express. there have been 2 lost of drops on interest rates but yet i have received no word of my mortgage rate being dropped by this company does anyone else have the same problem and does anyone know when mortgage…
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Mortgage Credit help
Hi again I think I'm in a good position. I have an offer accepted on a house and I have a mortgage agreed in principal, theres just a few things I'm worried about before I go ahead. Im concerned about the credit check, its not that I think I have bad credit just not really any credit. No credit cards, no bills coming in…
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On gardening leave, Mortgage possible???
I've just been told I am being made redundant. I plan to start my own business on the proceeds of the payout. I currently rent and would like to buy, but am aware that it will be difficult to get a mortgage in the current climate when I start the business. My exit date is end of Jan followed by two months gardening leave.…
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Remortgage
have a mortgage with Allliance & Licester had fixed rate for last two years time is now up but reapayments gone up by £300 per month they said they sre not passing down new reduced interest rate anything i can do with them apart from moving ps cannot move mortgage before 1st January 2009 otherwise incur early redemtion fee…
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Porting my mortgage to a new place
I have only ever bought 1 place before so I am pretty new to buying and selling, mortgages, etc so hoping some one could advise on my situation. I will be signing up to a new fixed rate deal with my current mortgage provider, probably in January in case there are further rate cuts, to allow me to move this product and…
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Remortgage - have offer, but am unsure if it's the best option
We are remortgaging, and have an offer from Barclays/Woolwich - 3.99% for one year, then onto a tracker of 1.99% above BBBR. I'm a bit concerned about predictions of interest rates rising at the end of next year (when we'd be moving onto the tracker product), and wondered if we'd be better to go for a fixed rate now? Our…
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Advice on IFA charging fee
Hi all, When we bought our house some years ago a friend of ours offered to help with the financial products as he's an IFA. I asked him by email if he charged fees but it was amongst a load of other questions and he didnt answer direct. i assumed this meant no but later he asked for a sum. To keep the peace i paid it. He…
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Landlord's quandry. Which mortgage should I reduce?
I have two houses, my family home and one that I rent out. A perk of my job is that the mortgage (£45k) on my own house tracks the bank base rate, so is really low at the moment. The mortgage on the rented house is £105k and is a 4% interest only fixed rate, which finishes in June 09. I get tax relief on that mortgage and…
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Shall i sign up tomorrow.....
Got our offer letter off the Skipton as our current fixed rate is up end of Jan. The offer is 3 yrs fixed at 4.99% with no fee, does this sound an ok deal? Cheers,
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What Will My Rate Be?
Can anyone tell me what I will be paying when my fixed rate ends with RBS at the end of jan 09? I currently pay about £897 a month but it's split due to additional borrowing etc. total balance will be approx £146,000 do I need to fix a new deal fast or can I sit and wait for a while to see what happens thanks
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in a quandry....
My Northern Rock deal ends on Feb 1st and I'll move from 5.25% to whatever "deal" they are offering (approx 7.5%). Fortunately, in October, I decided to get a new deal early. I went with the offset tracker with First Direct, tracking at BR + 1%. They sent me documents offering the loan, signed by them. I called back making…
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Solicitors fees for changing name on mortgage
Basically I am buying my ex out of our house, it's a well mannered split up and I have agreed to pay her £5,500. The mortgage company are fine and have got everything in place and the Keyworker loan company are happy with everything. Now it is left for the solicitors to take their bit to simply remove her name from the…
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Halifax and Nationwide steer clear of house price forecasts
Source Natalie Holt of Mortgage Strategy 19-Dec-2008 Halifax and Nationwide have both decided not to release their usual house price forecasts for next year. if (ad16 != "") !! document.writeln('' + AAMB16 + ' '); } The two lenders normally issue their house price forecasts around now but have chosen, for different…
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Smile if you're an Abbey Flex Tracker
Received a letter from Abbey today, stating that the Dec 4th 1% interest cut will take effect from the 3rd January 2009. This means I will get my .49% tracker reduced by £110 in February. Jan 08 £890 to Jan 09 £384:grin: :grin: :grin: More to come?:snow_grin
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Shared Ownership
I'm a first time buyer, and a doctor and have been accepted for a shared ownership scheme in London (New Build Home Buy), which I hope will enable me to start on the property ladder. Just two weeks ago I had been told by an IFA that there were 95% LTV mortgages available for people in my situation but now I can only find…
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Britannia 90% LTV @ 4.99% No Fees
Britannia Building Society are currently doing a tracker @ 4.99% with 90% LTV seems good value especially if interest rates come down another 1 - 1.5% as predicted http://www.britannia.co.uk/home/mortgage/svr/index.html
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Mortgage market relaxing yet?
Are there any signs yet, however tenuous, of a freeing up of mortgage credit? What do the brokers think?
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Mortgage insurance
My mother-in-law took a mortgage out in 1996 (Jan) with Bank of scotland for 156 months. The first 6 months had a discount rate. The mortgage should have ended this December...... however, after investigation it still has 6 months. But the Insurance that runs along side it ended when the mortgage should have. Thay have had…
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Endowments - Where did it go wrong?
On the face of it, endowments should have been a good savings vehicle for uneducated investors. (Although I never really understood why anyone would want one as a vehicle to pay off their mortgage) The principle is sound: A guaranteed sum at the end of the term, topped up by bonuses. Bonuses being sustained by "smoothing"…
