-
Mortgage Advice - Fixed or Variable
We have approx £130k deposit to put down and are looking at buying a 3-bed property in essex to pay max £250k so need a mortgage of £120k. We went to see a mortgage broker the other day and he advised us to go for a fixed rate (the lowest came up about 4.19%) for 3 or 5 years. Do you think this is the best thing to do? We…
-
britannia mortgage
i am currently with northern rock on their svr,i have been offered a 10 year fixed rate at 5.29% no fees from britannia,is this agood deal,i only have £26000 left on my mortgage and 13 years,so the no fees sounded good to me,or should i wait and see if the rates drop again,before commiting myself to anything,any advice…
-
how easy it is to have 2 mortgages
husband and i seperated - matrimonial home - to be put up for sale shortly. mortgage was 18k on 200k house - to cut long story short - husband managed to borrow back 45k of the equity (without my knowledge) and has used this as deposit on another home. He is paying both mortgages without any payment protection. 1 mortgage…
-
Fixed Rate Ending
Our fixed rate is ending next month ,our fixed rate which we are on at the moment is 6% ,we will be going onto a SVR which at present with intelligent finance is 4% so the monthly payment will be lower from next month i am not sure how much lower or what our payments will go to . This is my worry (i am a worrier ) my…
-
Problem taking over mortgage on inherited flat
My father died last June and probate has now been granted leaving everything to me. Part of the estate is a flat with a small mortgage on it. My probate solicitors said that I need to get the Halifax to transfer the mortgage to me and then the property can be changed into my name and then the cash in the probate account…
-
Mortgage interest - is it me or my building society?
Hi All, I've done a quick search on this and I can't find a similar problem. I am on a fixed rate mortgage at 5.63% (seemed cheap at the time!) and so our interest payments should therefore simply reduce slightly each month as we are paying off our mortgage and also overpaying by £500 a month. However I have just checked…
-
Mortgage Service Charge, 14 days to pay
Hello. I am pretty new to this but am at ny wits end now so thought i would give this a go. I have a mortgage for a flat and currently the service charge is £768.19 per year and 2 payments of £75 for ground rent. I have recieved a new letter saying that due to the ''credit crunch'' the company now do not offer monthly…
-
London & Country Financial advisors
I went to London & Country (L&C) for advice on a remortgage as recommended by Martin. I was given incorrect information which caused a huge amount of stress and financial loss. I am in the process of taking them to the financial ombudsman. Has anyone else had a problem with L&C ?
-
Endowment Help
Hi all Took out an endowment policy in 1995 with L&G am paying £50.60 a month. This wa to provide £34,200 cover. This was my mortgage back in those days. When I sold the property I kept the endowment on as a 'savings plan' and slo to put towards another mortgage. I could really do with the £50.60 at the moment. Is it worth…
-
mortgage protection
due the current climate I'm thinking of sorting this out has anyone got anyone that they use and would recommend a bit of detail hubby and I both work but also have a tiny tiny business making handmade cards ( so tiny we only make about £40 profit a year ( but every little helps ) so I'm registered as self employed for…
-
Just got married and change name's
Hi Iv'e just got married and changed both of our name's is there anybody I need to inform, mortgage company,land registry, etc
-
worried about accord mortgage
We purchased our house last March and took an 85% LTV mortgage with Accord (a tracker for 3 years @ 0.89% above BOE base rate), we couldn't get a mainstream mortgage at the time due to a couple of late payments on credit cards in the months running up to the move, as its turned out we are on a good deal now. However, we…
-
stuck with husbands debts through property charges
My husband has left the country without payin his credit cards. There are currently 2 property charges on the house we shared.More property charges will follow. I have spoken to his creditors to say he does not live here and that I have no idea where he is. Their response is that as he is still on the mortgage he is still…
-
Advise re remaining debt from flat repossession
Can anyone give advise on this please, In the last downturn in the housing market in 1990's I handed back the keys to my flat to Citibank as I could no longer afford the mortgage (it was not in arrears). They sold the flat for a much reduced price, and although I had taken out an Insurance with them for what I thought…
-
Mortgage transfer after co-habiting?
I have been co-habiting with my partner in this house, for 3 years in March. We have never signed any co-habiting contracts of any sort, and the mortgage is in his name only, even though it is myself who pays the mortgage and all household bills. We are about to separate, and while there is no way he can afford to keep…
-
Re: Mortgage Appointment, Advice? Is it worth doing right now?
Hi there I'm in my late 20's and my oh and I have an appt booked with an FA next week. I was made bankrupt in 2005 by £4000 a small amount (don't ask!) and was cleared within the same year althouhg on file i believe 5 yrs. My partner and I earn easily over £25000 per annum and he has some savings around £15000. I know the…
-
Help! Whats going on (Woolwich Tracker)
Right, I have had a Woolwich lifetime tracker (0.49% above base rate) for a couple of years. Through 2007 when intrest rates were going up my payments didn't. I asked the bank about this and was told they would be adjusted to compensate at the end of the year. After 12 months they were and I thought no more about it untill…
-
How easy is it to extend the term of a mortgage?
Hi all, mortgage deal is going to come to an end in April and shall then move to the SVR. Just a quick one wondering how easy it is to extend a mortage? Currently with Lloyds TSB on an 20 year 2 year fixed at 5.49%, so down to 18 years in April. Would be quite helpful to extend it to 25/30 to lower the monthly repayments…
-
Was I mis-sold mortgage deal
Hi all, 2yrs ago i was sold a mortgage deal (through a local broker) with A&L called - 2yr 5.39% Fixed FeeSaver LTV 95% for £60620 (inc £1095 for fees) on a £90000 property. Being naive at the time and having a 1 month old baby i didnt really check all the ins and outs of the deal. Now this fixed rate is up i'm a bit more…
-
Are you being or in danger of being repossessed?
GMTV is looking for someone to speak to about what it feels like to be at risk of repossession. If this is you please do get in touch either by calling me on 0207 827 7239 or emailing me on [EMAIL="russell.yeo@gm.tv"]russell.yeo@gm.tv[/EMAIL] Many thanks Russell Yeo News Editor GMTV
