-
Come out of fixed motgage? help
Hi all, I got a fixed mortgage at 6.9% in june last year for 3 years just before the credit crunch, Now the interest rates are coming down, is there any way to break free from the fixed mortgage and remortgage with same or another bank with a lower rate?? My currant mortgage is with Bank of Scotland. Thanks in advance Asif…
-
mortgage with a ccj
Can anyone help me and give me some info on credit ratings and mortgage? I have a default from 1999 on my credit rating for £10,000 and no other problems on it. It was for a loan I took out for a partner to buy a car. I have a residential mortgage (3 years) without any payment problems. As I have a growing family, I really…
-
Iam Going To Get A 5 Year Fixed At 4.94%. 100% mortgage.
We are currently on the Natwest Flexible offset mortgage on a variable 4.2% with a mortgage of £115,700 and its costing around £680 per month and thats down from £823 a month from last September. So we are £140 per month better off. Our "Apartment"(flat) is "worth" £116,075 on Zoopla, so we have £375 in equity. The…
-
Mortgage deals
The figures are property 98k mortgage 90% LTV = 88.2k Loan term 25yrs Contacted first direct 3 wks ago and got AIP at 3.69% tracker (BOE + 1.69%) Have run into trouble with them now and they dont sound keen Whats the next best deal (repayment/interest only) - is it C+G
-
Chelsea mortgage rate?
Hi, I have just received my annual mortgage statement from the Chelsea and it seems they are ignoring the last 2 rate decreases. SVR is 5.79% Do any of mse's helpful posters in the finance world know if they are planning to reduce them further? I know that it wont actually reduce my payments for the next year but it would…
-
Recommendation for Kent Reliance
Just wanted to post in praise of our mortgage provider Kent Reliance. We have a variable mortgage with them and so far they passed on every rate cut in full. With tales of many banks trying to wriggle out of them I'm pleased with our mortgage provider treating us fairly. We can also pay lump sums and make overpayments…
-
repaying offset tracker mortgage
Please can somebody out there assist me. My son is about to move to a First Direct offset base rate tracker for £225,000 My question is this: If the interest part of this is say £350 per month and he pays £1,350 per month does his capital loan reduce by £1,000 to £224,000. This would therefore mean that each month he was…
-
Repayments on an offset, tracker mortgage
Please can somebody out there assist me. My son is about to move to a First Direct offset base rate tracker for £225,000 My question is this: If the interest part of this is say £350 per month and he pays £1,350 per month does his capital loan reduce by £1,000 to £224,000. This would therefore mean that each month he was…
-
Help-mortgage dumped on me!
Hi this is my first post, hope it makes sense. Ex husband has walked away from mortgage on a very rural property we own jointly.He left in 2007 Jan and has not paid a penny since he left for anything, he took lump sum - which he has blown, and I got family home which (luckily) I sold just in time last year. Could't get…
-
Some advice, fixed rate finishes in July maybe have some foolish ideas
Hi, I would like some advice on what I should be looking at doing when my current fixed rate finishes with BM in July this year. Our current mortgage has £236,270 remaining as of now, currently we have 24yrs 7months remaining (i'm 30 and wife is 32) and the monthly payment is £1486 Using the online house price calculator…
-
Mortgage rate increase by 0.45%!!!!
Dear All, Unfortunately, I have a mortgage with a complany called Redstone. Two years ago they were the only ones who would entertain me. I had then a fixed rate of 6.800% for two years. I have tried to find out what will be my new payments as of 1st march 2009 as the fixed rate runs out 28th Feb 09. They won't quote or…
-
Egg - Identity Fraud Problem?
(re-posted this with more sensible title for users) Just wondered what money savers thought about a little problem that I have just discovered with my mortgage company, Egg Had a Variable Rate Egg Mortgage since 2000, overpayed £100 per month and was was quite happy with them. When the interest rates started to drop we…
-
How much do we offer on a new build?
We went to look at a New build housea few days ago which is currently being marketed at 500k. We met the owner at the property yesterday & he took us round. Whilst showing us the property he asvised us that he was divorcing his wife, been made redundant & was renting as his catpital was tied up in the 3 houses that he had…
-
Fix rate ending May 09 When to look for a new deal
Our fix rate (4.99%) is ending at the end of May 09 and we are currently with HSBC with a 100% interest only graduate mortgage. We are due to be switching to repayments at the end of the fixed rate. Currently we are due to go onto the SVR which I believe is going to go down to 3.94% on the 6th of Feb, but obviously don;t…
-
You can't take out a Standard Variable Rate anymore?
Hi, I have a mortgage with the Halifax and have just finished my Fixed rate. I am now on their Standard Variable rate (SVR) of 4.5%. I had seen with the latest Bank of England Rate cut that other companies had lower SVR's such as LloydsTBS at 3.5% and so thought I would enquire about remortgaging to them on to their SVR.…
-
First post :-(
Hello, My first post here, first visit here too, afraid it's going to be a bit of a rant! We moved house Nov08, and paid under market value as it was. We have a small loan we ported from our old house, and took a new loan for this house as well, fixed to Sept09. The fixed rate on the small loan ran out in Nov08 and is now…
-
Nationwide pass on the full 0.5%
From Mortgage Introducer.
-
How much mortgage ould we get?
WE have saved up 3k (from parents actually!) And we want to buy a house for 195k. DH earns 19k per year and I earn 4k (I work part time as I have small children). How much would the banks/mortgage companies give us? Does it matter we owe 9k on credit cards too? Btw we are first time buyers and have been renting snce 2002…
-
Savings Against Mortgage Over Payment
I have a Buy to Let Mortgage (Interest Only) and was wandering whether i should continue to save or pay off the Capital on the mortgage?
-
stick or switch
I am currently on a fixed rate mortgage paying £910.00 a month. HSBC have offered a tracker at £586.00 per month. I have 18 months to go on my fixed rate and really want some advice on if it would be worth switching. To get out of my fixed rate would cost £2900.00. Please could someone give me some advice please!!!
