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The Million Dollar Question (well - one of many out there at the moment!)
Posting this really as a means of getting people's opinions. Don't expect anyone to have the right answer (and if they did they would be set to make lots of money in the future!) As a potential FTB, who is sitting tight and building up a healthy deposit - what do people think would be the first indication to a stablising…
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remortgage to raise finance ??
this is a question for any advisers out there. what are my chances of raising a "chunk" of money form the equity in my house? i now have a mortgage of £27600, i had the house valued recently by 3 local EA`s which came out around 175k..........how much would i be able to borrow on these figures?? please no "why would you…
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Let-to-Buy / Consent to lease Help Needed!
Hi All, First time poster so go easy! I really need some advice as I am worried sick. I own a flat with my brother and we recently tried to sell it as I have moved in with my girlfriend. My girlfriend was living with her sister but I have bought her sister out and have been transferred onto the existing mortgage. We had no…
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Abbey mortgage advise
please help, took out an interest only mortgage with Abbey in June 2008, the paper work went through as repayment at the Abbey, have had a number of letters stating they are at fault and will refund the £400 per month extra we're paying but still nothing has been resolved, not sure what else to do my IFA is trying to get…
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Mortgage due to reduce but want to overpay
Hi All, My fixed rate mortgage at 5.75% with NR is due to come to an end on 01/03/2009 at which point it will switch to SVR of 5.08% as I cannot change mortgage as I have very little equity in the property. My first question is how much will my mortgage reduce? I am currently on repayment over 30 years (28) left paying…
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Cash in endowment
Any advice please.. Is it a wise decision to cash in my endowment policy and pay the sum off my mortgage. This will reduce my mortgage monthly premium and cancel endowment monthly premium. Endowment set to pay £30.000.00 just had the " Alert letter" I have been offered £ 24.000.00 to cash in . Policy matures Feb 2012.
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moving to temporary job before renewing mortgage
I bought my first property in Summer 2007 and am due to renegotiate terms this summer. I'm currently in a permanent job but a temporary job (for 9 months) has come up - likely that it could be continued but worried if I did get it how it would affect my mortgage...?
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Whats the site address again?
I know theres a site, halifax? Where it tells you the price of your house from when you bought it to now. I just cant find it. Any help?
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Buy to let or stay as-is?
Hi Y'all I currently have a discounted rate mortgage which runs out in July '09. I have had tenants in my property since May '08. My IFA told me to keep it hush hush from my lender until renewal was upon me. I was a bit worried about this but decided to go along. Now.....the mortgage market has gone silly and I don't know…
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Do I need a buy-to-let mortgage?
I want to get a normal mortgage live in the property for a time, and then rent it out. I was looking to live there for around 1 year. My question is, at this point, would I then need to change to a buy-to-let mortgage? Or is there a time limit on when you have satisfied the restrictions?
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Moving house, Please advice.
HI, my parents need to move due to some financial problems with a secured loan which needs to be paid off. The current property is valued at £140k, mortgage of £70k and secured loan of £41k but have been advised to offer £27500 as a settlement to pay it ff. They have found a property through friend which needs to sell…
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I'm doing the right thing and staying put
Hello, this is my first post on this forum :) Im 29 yrs old, single and on about 18k a year, with £12k desposit. I've been renting with my mate for a while now and thought it was time I found my own place to get a mortgage on. The first thing I looked at as shared ownership. I tohught it sounded good as I was going to buy…
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Standard Life Endowment keep or dump?
Hi any advice would be appreciated re my SLE, should I keep or go to APMM ? No mortgage so payout would go into cash ISA/ savings account Guaranteed sum assured £58,900.00 Declared bonuses £8,081.16 Surrender value £20,106.28 (£18,582.51 basic value +£1,523.77 final bonus) Monthly premium £76.39 Maturity date 08 Jan 2017…
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Part time mortgage
Hi there, Quick question...I am working part time and recieving tax credits to top up my income. I am also renting and getting help from housing benefit to pay rent. As it stands my rent is £1000 a month. Almost 1/2 of this I pay myself, the HB tops up the rest. I calculate that if I can increase my earnings a little, it…
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please help, mortgage fees
Hi, Right, don't know how to start this, but i'll try. I have a mortgage with Northern Rock, last year, they wrote to us to say that we were at the end of our deal, and it would be wise for us to go elsewhere and find a better deal, so off we go, and we decided on the Royal bank of Scotland, since we are customers of…
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Adding boyfriend to mortgage
Hi, Hope someone can offer some advice for me. :huh: I currently have a mortgage outstanding of 110k, my boyfriend is going to give me 50k to pay off of the mortgage (matching my initial deposit) for a 50% share of the property. Leaving a mortgage of 60k, property value is around 180k I have a mortgage with Abbey at…
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Nationwide Tieing Me In To Mortgage, Please Advise
hi guys i took out a 5 year fixed deal with nationwide in sept 07 at 5.68%, the mortgage advisor (independent, recommended by estate agent selling the house) stated we could cancel the mortgage at anytime in the 5 years but there would a charge, around 4k! now i can get a better deal saving me at least 3k by 2012 (same…
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Halifax Wants £50 For My House Deeds
We are just about to settle our mortgage (not as good as it sounds - we desperately need to move to a bigger house - when we can!) and the Halifax has told us they want £50 off us for our deeds - I understand that this may only be a "print-off" from the Land registry database anyway - who knows where our original (dated…
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Remortgage Rate 4.5% over 3 yrs or 4.99% over 5 yrs
Bit of a crystal ball one this. My current 5.2% fix is about to end. I have been offered a 4.5% 3 year fix or a 4.99% 5 year fix by my existing lender as enticer products. Both are good rates, and I avoid the hassles of switching lenders, but what do you reckon - gamble the lower rate for 3 years and hope good rates are…
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worried about re-mortgage at the end of the year
hi moneysavingexperts, I hope you might be able to help in clearing up some questions/worries i have about what happens when i have to re-mortgage at the end of the year (november) when my 2 year fixed deal ends. i currently have a rate of 4.9% which was based around the purchase of a 147,500 property with an interest only…
