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Chancel Repair Liability Insurance
I was in the process of buying a home but when my solicitor passed the results of the searches the mortgage company called me and said they could not provide me with a mortgage because of a had a Chancel Repair Liability. My solicitor has already purchased Chancel Repair Liability Insurance to cover any future problems but…
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Woolwich / Barclays Offset Help!
I have had a offset tracker (originally with the Woolwich) for about 8 years but have been having problems with the monthly payments since the recent changes in the BOE base rate. The problem seems to be due to that fact that my mortgage has a split rate. It is set up as interest only and 70% of the capital is at one…
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Just had some "independant" mortgage advice
Some independant mortgage advisor just sent me an email advising me about mortgages and one i am about to apply for with nationwide he said "Unless you have a very good credit score, I wouldn't suggest Nationwide, as they require a 'squeaky clean' credit hstory. Therefore, you are right, it would leave an unnecessary…
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Explanation please.......Overall rate for comparasion.
Just looked on the C & G Web site and they are offering a 10 year fixed at 4.99% with an overall comparision of 4.6%. What does the overall comparasion bit mean. Thanks
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poss renegotiate fixed deal
I own a two-bed flat, bought new build just over two years ago for £140,000. Mortgage is £106K and fixed at 6.75 with Halifax. I'm 25, single, and have no other debts other than a student loan. There are almost two years left on the fix, which I agreed in order to get consent to let when I moved abroad (Abu Dhabi, capital…
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Loan On Mortgage
My daughter-in-law pays an interest only mortgage owing about £45,000, is it possible for her to get a mortgage loan and increase say to about £10,000. This would be to pay for central heating etc. and refurbished kitchen. She has no heating in her home except for an electric fire in the lounge, small blower heaters round…
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Nationwide Base rate?
What is this at Currently is it 3.4%? :confused: Thanks in advance! :D
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should I end my fixed rate deal early
I am on my 16th month of my current 2 year fixed rate deal with RBS. rate 6.25% at £747/month with overpayment option of 10% I contacted RBS with view to changing deal early I was offered 3.79% with a fee of £499. which I liked although a early repayment fee of £870. Not so good. I intend to pay the £499 up front though I…
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All savings towards deposit gives 3.94 rate
Hi, Just looking for a bit of advice please. Im looking to buy my first house (exciting in a scary way!) Been to see my bank, hsbc, who can give me a tracker mortgage at 3.94% IF I pay a 25% deposit. It tracks (sorry if this sounds nonsense) for full term of mortgage and you can make unlimited overpayments (mortgage free…
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Halifax LTSB SVR convergence?
Just wondering if anyone thinks there may be a possibility of the SVRs of LTSB and Halifax coming to the same group level now that they are effectively one entity? The LTSB SVR is currently at 3.5% whilst the Halifax SVR is at 4.5%. Naturally as someone who is about to go onto the Halifax SVR I would love it if the lower…
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fixed rate mortgage ending this year
Hi guys just needed some advice as per usual, our fixed rate mortgage is ending in september this year we paid to have it fixed for 5 years the thing is our mortgage now is £850 a month and when the fixed rate ends it might go up considerably prob £1000 plus a month we struggle at the minute to pay the 850 so would like…
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Save For Deposit Or Pay Off Capital
Hello All, I have three Buy to let properties that are all rented out and generating more income that expenditure at the moment. Due to the current house price fall they are losing some equity so my plan of selling one of them t help buy a house in medium term is on hold. I am now considering saving (£1000pm) to help with…
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CML wants a collar on EVERYONE'S Tracker Mortgage
http://www.timesonline.co.uk/tol/money/property_and_mortgages/article5604366.ece Fine with me, as long as they introduce a cap on everyone's tracker at the same time so that I never pay more than oooh 5% :D As the article states, not sure how they're going to get around the legalities of this one though :confused:
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2 or 3 Year Fixed @ 4.59%?
I'm a 1st Time Buyer looking for some advice. Not sure whether to get the security of a 3 year, or just go with a 2 year at 4.29%. Any suggestions would be appreciated. Daz
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Uncle Offered to Finance My Mortgage!
My uncle has kindly offered to finance my mortgage when the current fixed period has elapsed. I am extremely keen to take him up on the offer as he is offering very favourable terms and i will no longer be at the mercy of the banks and their 'hidden' fees. However, i don't want either party to lose out in any way and so…
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Obtaining a mortgage
Hi folks We are looking at moving just wondered if a mortgage is obtainable for ourselves. I own a new company which has been trading for three months and have taken home around £3-£4k per month since we began trading. In addition to this I run a sole trader business for which i have accounts showing a £6k profit with the…
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Moving a payment date
I usually pay my mortgage on the 14th of every month but since i started a new job i need to move my payment date to the 20th of each month and the lender (GE Money) wants to charge me £59.00 interest to do so. My Mortgate is £426 a month and I think this is pretty steep. Can someone advise me please?
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Joint Mortgage with Insurances
Looking to get a joint mortgage and wonder what the best thing to do is with regards to life insurance. I know you get level term and decreasing term but they seem to offer it individually, makes sense I suppose but what do most people opt for. Is it best to secure a quote now rather than wait years where you are going to…
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Mortgage Cashing in Endownment
Hi My partner and I were thinking of moving so began looking into all the ways of raising a desposit. However, it become obvious we can't afford to move so will just stay here. But in the course of this research we realised that cashing in his old endownment might be a good move. We are thinking of cashing it in and paying…
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Halifax rate changes today?
We have our mortgage (FTB 90%) booked with Halifax and are currently going through the conveyancing process. I've just heard from a colleague that the Halifax have reduced their rates today but I can't find this anywhere obvious online.(Our product is 90% LVR for first time buyers at 5.6%). The new rate would hopefully…
