-
First Time Buyer Query please help :-)
Hi all. This is my first post! Looking for some advice please.. My partner and I are looking to buy a property soon and I am wondering if any can help with the financials. We would look to purchase a property for approx £110-£120k I currently earn £25k, with an expected £2-3k rise in the next few months. My partner earns…
-
90% LTV Mortgages & Our Circumstances - what do you think?
I'm hoping you can give me some advice and reassurance :) My partner and I are looking for a 90% LTV mortgage on our first home together. £15k deposit against a £150k house. Our salaries combined total £49,794 plus I receive a £1098 essential user car allowance. We also receive £1040 in child benefit, and an as yet unkown…
-
Mortgage pay off or keep savings??
I have an endowment mortgage of £24k, and savings of £15k. Is it a better option to pay off a lump sum of 15K and leave me with 8K left on my mortgage or keep the savings where they are or invest the money elsewhere?
-
can anyone help exit rooftop mortgage agreement
Hello there i've just discovered that rooftop mortgages are no longer in business. my fixed rate expired last month and i honestly cant remember ever receiving mail from them. i am hoping to take out a new mortgage as the fixed rate is 6.5%. if i don't make a move to sort this - will i stay on a fixed rate with them or…
-
CeMAP 1
Hi guys, I am new to the forum. Currently studying for my CeMAP 1. Does anyone has a study material? I would be very grateful if you could email to me on [EMAIL="agnieszkaponi@msn.com"]agnieszkaponi@msn.com[/EMAIL] Many thanks Agnieszka
-
C/R vs O/P - please explain
Hi, I was getting more and more confused and was advised to post on here. Everyone says there's no real difference if you are on interest only but if you are on repayment there is, apparently. I have a fairly new mortgage (2years of 25) with C&G, repayment, 3 years fixed at 5.6% :-( I have been overpaying here and there…
-
HELP, best mortgage deal fixed rate?
can anybody advise on best company with best rate? we want to borrow 75k with 25k deposit.... over 25 years, 5 year fixed.. HELP
-
Mortgage Parent help......
My parents are getting on and find that they are saving more money than they need. They would like to help me pay-off my mortgage by handing over to me the odd £1k every now and again. They want to help me whilst they are still alive, and hence get pleasure from this. Whats the implications in doing this?, if I accept this…
-
Mortgage monthly over payments?
I have a tracker mortgage and the amount is divided between 'Interest Only & Repayment'. because of the recent drop in interest rates, I have found that my monthly payments have been reduced considerably. I however, want to put this reduction back as monthly over payment but I am not sure whether to do so against the…
-
Adding partner to mortgage without re-mortgaging?
Hi All, Is it possible to add my partner to a mortgage without having to remortgage? If so how do I go about this and what 'hidden' costs are involved? FYI I am currently with Intelligent Finance. Cheers dh247
-
advice on part repay and part endow mortgage
Hi, 1st post and looking for some advice on our mortgage. We owe £43,000 of which £17,000 is repayment and £26,000 endowment. I've had the High Risk letters about the endowments performance stating at 4% growth it would be £10,400 short and 8% £1,000 short, it has 10 years left to run. The mortgage rate is coming down to…
-
Transfer of equity charges
I split with my partner over the Christmas period and we agreed to get our Nationwide mortgage solely transfered into my name. I went to my local branch and they will not do this unless I pay a £150 fee!!! This seems like a lot of money to remove a name from a piece of paper! Does anyone know if I could try to claim this…
-
Friends Prov cuts endowment payouts by 20%
This year is likely to be the worst bonus season ever. :( http://www.telegraph.co.uk/finance/personalfinance/pensions/4208398/With-profits-Friends-Provident-reduces-payouts-by-20pc.html
-
EMC advisory services......any advice pls
Hi, Has anyone had any dealings with EMC re claiming mis-sold endowments. We have been contacted by them re our endowments....Any advice welcome
-
nationwide fixed rate mortgage - end it 3 months early
I have read somewhere on here recently that nationwide will consider allowing customers to move from their fixed rate to the variable base rate three months before the end of term. My 5 year fixed at 5.49% ends on 31.7.09. I rang them today and was told they would only move me onto the variable rate on 1.8.09. I could look…
-
Self-employed mortgage help
Hi, I'm been self employed around a year and don't have the best credit history, (a few missed personal loan payments and occasionally overdrawn). Is it possible to get a mortgage with little proof of income? I have a 75% deposit and require a relatively small mortgage. Thanks for any help.
-
DOH! I need £115% remortage
hi Got a Mortgage with DB mortages for £130k ending soon and going to libor+2.5% (house value is £135k) Problem is I got a secure loan for 15k with welcome (7 years to go at 23%-what a fool) and throw in a couple of unpaid ccj's at 1 year old Anybody managed to refinance with similar figures????????? Now got a combined 40k…
-
A good deal??
Me and my partner are able to get a mortgage over 40 years paying £500 a month and paying a 15 percent deposit. We have a joint salary of 40K but one of us is in temporary employment. Not sure if its a good deal tho being over 40 years.
-
Be careful!
Hi there, just a little warning for you all, Our fixed rate is just expiring and I have been busy looking for a new deal, only to find the best deal I could get was 2.99% with some £995 in charges. I decided to look through all my mortgage paperwork only to discover that once my fixed rate ended we would go on to a…
-
First Direct SVR customers
Response from First direct regarding yesterdays 0.5% BoE drop " We are currently reviewing our Mortgage Standard Variable Rate in light of yesterdays Bank of England base rate reduction. Once a decision has been made we will notify customers who are on the SVR. Please contact us if you require anything further." Regards…
