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Nationwide are they cutting?
I have a tracker with Nationwide which is the base rate +0.64% I read my terms and conditions after the last cut and it has a clause saying that they will not pass on anything under 2.75 % + 0.64% deal. However they did pass on the cut and I'm now paying 2.64%. However after todays cut I'm now unsure if they are passing…
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Bristol & West Bank of Ireland Pull out of UK market
As title Dear XXXXX, I am writing to inform you of the outcome of a review regarding Bank of Ireland’s UK mortgage operation. As you are aware the market has reduced substantially over the course of the year. In our view, we are unlikely to see a return to levels of business experienced in 2007 for at least 2-3 years. We…
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The availability of new deals?
I was wondering if the availability of new deals will continue to decrease as the BoE rate drops, or whether they've hit the bottom already? Any thoughts?
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Mortgage Holiday
Could someone please explain how to get a mortgage holiday, I'm not sure of the criteria that has to be met in order to be allowed one. I'm only after 1/2month holiday to catch up after the Christmas period as well as some unforeseeable forced expenditure. Are there any cons to taking these holidays? Also my credit rating…
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Is Now the Time to Overpay?
Someone has suggested to me that now is a good time to over pay on our mortgage as it'll mean we're paying off more, I can't quite get my head round whether this is right or not. We're on a tracker and have a pretty low rate at present, our mortgage has come down by £300. We also have debts that we are paying off which are…
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Mortgage Help
I really need some advice but have no idea who to ask. Its a complicated problem but i will try my best to explain and hopefully someone can give me some advice. I live in a house in Deal with my missus. She, bought this house for £160,000 with an ex. They have (obviously) split up and she is now my fiance. I really want…
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Mortgages for very small amounts??
Hi, with the latest rate cut, I thought it was time to ring my bank and double check when my fixed rate ended, and what other deals were available, in case it paid to switch sooner. What I learned was, as my mortgage is now below £15k, and their new minimum is £25,000, they would no longer be able to offer me ANY kind of…
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Nationwide mortgage collar- petition PM
http://petitions.number10.gov.uk/Tracker-Mortgage/
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Pay Off Mortgage?
Prudential have informed us that our endowment mortgage is still on track to pay off our Endowment Mortgage in 2012. I retire at the end of March this year. With my Pension commutation I can pay off my Mortgage,(It Will be around £37,000). I am in two minds, should I pay it off, but keep up the endowment payments, or, wait…
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Is it worth remortgaging?
Hi Every1 In September 07 i remortgaged for £105k over 25 years with the halifax at a fixed term for 5 years at 5.79%. Which i pay £663.10 per month. With the current economic climate would it be viable to switch to another lender at a better rate. I do have to pay 4% of the original loan if i were to repay it before the…
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Another cut - how long before there are only losers?
Another 0.5% off the BOE base rate today. The rate is now at an all time low. However we already have Nationwide with a 2% floor. How many others will follow suit? Then this cut and any further will mean that savers lose out big time and no one gains? What percentage of the market is on a tracker or SVR anyway? I saw in…
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Rate dropped, so what?
I was following the hype about the BOE dropping its interest rate and i thought, great, i will get on the phone to my provider as I am due to come off fixed onto variable rate at end of Feb. I called and they said that I will be 2% above the Libor rate which is currently sitting at 4% ish, so even though the interest rate…
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Is this a good deal, or could I renegotiate?
Hello all, I spoke to London and Country back at the end of November, to tie in a rate for when my current mortgage finishes a the end of February. The man told me that I wasn't bound to take this offer, and could see what else was out there nearer the time. This is the offer I have on the table: Abbey PLC 4.69% fixed…
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Natwest have cancelled my mortgage
After reading though another post, it angers me that some people are posting that if your facing repossession then you deserve it because you missed payments etc. Natwest cancelled are mortgage a week before xmas, we have never missed a single payment of 823.00 a month for last 2 years and in october had just changed to a…
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Ignore - I was toooo slow!!!
http://www.bankofengland.co.uk/
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Bank England cut jan 09 0.5
0.5% cut to 1.5% Did I get in first ?
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Is LTV revalued after introductory period on Halifax mortgage
On April 1st the introductory rate on my Halifax mortgage expires after which it reverts back to Halifax's Standard Variable Rate. Can anyone confirm if the reversion to the SVR will be subject to the current property value still meeting the original LTV criteria? As I am not taking a new mortgage product I am hoping that…
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Northern Rock Fixed Rate Ending
and they don't want my custom! (hi by the way) So:- I will move onto their SVR as of 1st March which i take it will mean my payments will be slightly higher (not sure of their SVR rate) I was thinking about getting a tracker for a while, since rates are so low. If I do this can I then move to a fixed rate say in 6/12…
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SPML and Capstone Mortagges
Just have received this news from Google Alert? Can anyone advise me what this means? :confused: My mortgage is with SPML, although we haven't missed any payments, our circumstances dictate that we wouldn't be able to re-mortgage? HELP "Lehman Brothers UK mortgage book in fire sale Lee Jones - 06-Jan-2009 The Lehman…
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Bank of Ireland pulls out of UK Broker market.
from Mortgage Strategy I expect that they'll just use Bristol & West for their Broker deals in the same way as Yorkshire Building Society have Accord for their broker business.
