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Should I amalgamate my two mortgages?
And is this possible? I have two properties. The first was purchased for £102,000 with a £60,000 deposit in February 2007. The fixed rate deal, at 5.35%, ends in Feb 2010. The second was purchased for £190,000 with a £10,000 deposit in July 2007. The fixed rate deal, at 5.99%, ends this July. I'm a bit worried that the…
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Northern Rock 100% Interest Only Mortgage Ends
Hi, First post here so I hope someone can help! We bought our first home in September last year and our Northern Rock 100% Interest Only Mortgage (which was fixed for 2 years) is due to end in September 2009. Given that house prices have fallen considerably in this time, we are now undoubtedly in negative equity, although…
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2.99% Fixed rate - If you earn £75k...
Rich get 2.99% mortgage offer Top deals ... HSBC BRITAIN’S most profitable bank is launching its cheapest mortgage yet — but it comes with a catch. HSBC revealed yesterday it was offering homeowners a two-year discount rate of 2.99 per cent. Mortgages chief Martijn van der Heijden said it reflected their push to be one of…
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How to take my name of Deeds & Mortgage
My husband and I want to increase our mortgage - hopefully only on a temporary measure as we need to get some equity from our house. Our current mortgage is under 70K and the house currently worth about 360K. BUT I work freelance and so we have never ever included my salary when applying for mortgages. My husband has a…
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Should I Cash In Endowment?
Thought I Would Try Again For Some Advice On A Popular Subject As Really Need To Make A Decision And Am Very Confused? Our Endowment Policy,a Standard Life Home Policy For £63200 Has Been Running Since 1996 Costing Us £108.50 Per Month.todays Cash In Value Of £16300.projections Are Only £37000 At Low Rate For June 2021…
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Mortgage - First Time Buyers - Ready!
Hi all we have £22k ready for deposit plus around £5k to cover fees / decorating / emergencies once we move etc. Other info:* We're both in PAYE full time work, and in addition I am self-employed too which adds extra income * We don't want to pay HLC * We're in the South East * Looking at 2 bed properties of around…
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Norttern Rock
I was informed by northernrock last October that my current mortgage deal was ending on Feb 1st 2009 and they advise that I look at a new lender. I have now done this with Abbey on a 5 year fixed deal which I am happy with but when I was asked to retrieve my redemption figure from northern rock I found a figure of £1000,…
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When can you apply for a remortgage?
Morning everyone, My tracker ends in June and and i am just wondering, when is the earliest you can apply and agree a remortgage? I am currently with HBOS and i think i will plan on staying with them by moving onto one of their fixed rate deals. So i am wanting my next mortgage deal to start on about 1st July 2009, so i am…
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Should I stop paying into endowment and let it 'tick over'
Hello there I am a new user so testing the water here! We have two old endowment policies but no longer need them to pay off our mortgage but have kept paying into them in order to create a nest egg for our children. We pay 44 pounds into each of the two policies and given the current climate would people now advise that…
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Re-mortgage Or Not!!!
Hi - hope you can help. me and my partner have a 50K morTgage on property worth 275K. term left is 8years-we pay £700 pm -we are both 50. Problem is we have joint credit card debt of 35K (dont ask!!) anyhow we jog along but after paying min payments there is nothing left. should we remorgage to pay all debts off. i…
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Standard Variable Rate - will fixed rate automatically revert to
Can anyone confirm whether my Halifax 6% fixed rate mortgage which is ending in June automatically revert to their 4.5% standard variable rate. I'm a bit worried they can say I'm not eligible if I no longer have 10% equity in the property. Or maybe I'm worrying unecessarily cos they won't be revaluing the property anyway?…
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Co-Op Ownhome scheme-serious advice/help needed!
http://www.ownhome.co.uk This scheme is from the co-op. They lend you up to 40% of the value of the home you'd like to buy, with the remainder to pay on one of their own mortgage schemes. The 40% they lend you is repayable when the house is sold, at the current market value. So if the market recovers you could pay more…
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remortgage required
i'm having difficulty getting another mortgage deal, due to some small debts in recent years i was declined from another company as NR are not taking on any more business, any advice as to what i can do? my credit rating is not great and dont want it to get worse with vast amount of credit searches:confused:
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A Little Help
i have kept and enodowment policy going for a few years after my ex-partner and i spilt...i contacted the Norwich Union and requested a 'deed of assignment' form which they sent.....that was then sent to her solicitors and they passed it the thier client..... then i waited.......for a while...!!! after a year they sent a…
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First time buyer.. Needs Help and advice
I am currently living in rent 3 bedroom house, my parents are the owners, but i am also in £20k worth of debt, myself and my husband are wanting to move to a house of our own, and also start a family... do u think it is a good time to be looking in to trying to get a mortgage, also do u think that people will even consider…
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Remortgage
Hi I am currently in a 10 years fixed rate mortgage of 5.45% with 7 years to run on that deal. I have 19 years of the mortgage left to pay. Within this mortgage I can change the mortgage after five years with no penalties, or just stay with the mortgage at the fixed rate. However, there is a possibility, as yet to be…
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best fixed intrest mortgage deal
Hello All I am looking at fixing my mortgage as I feel that now is a good time currently on standard variable rate from nationwide but want long term fixed does anyone know of any current deals which may be of intrest to me. Is it a good time to fix or should I wait? house valued at 190.000 last week got 150.000 mortgage.…
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Shared Ownership Mortgages
Does anyone know who does shared ownership mortagages? Im coming up against a brick wall looking at websites!
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Yorkshire Building Society
Hi is anyone else with the yorkshire? our mortgage hasnt come down , not one penny since all these interest cuts, is this allowed? we only have three years left and dont know whether it would be worth re-mortgaging again. can anyone help ?
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Request for Endowment Advice
Please could anyone help - we are contemplating either surrendering our endowment policy or selling it. Recent bonuses have been dire and we had really been hanging on to it because of the possibility of a good final bonus – this does not look like this is going to happen! So maybe selling it is not going to be an option?…
