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Repaying some of the balance
Hi. We currently have a mortgage of around £42000. It was endowment linked to 2 policies. One failed and the other matured a few weeks ago. We would like to repay nearly £19000 and remortgage the balance as a repayment mortgage over around 14/15 years. Any thoughts or comments?
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Adding value then remortgaging
Hi, I have had a bid accepted on a house for £174,950. My mortgage options at the moment are: 1) Put a deposit down of £26,250 (15%) and interest only payments will be around £620. OR 2) Put a deposit down of £17,500 (10%) and interest only payments will be around £780. Both are 2 or 5 year fixed deals. Over time,…
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Profit margin paradox
If I was a bank: Base Rate Tracker Mortgage BoE + 1%: Borrow Lend Gross from to House Profit Market @ Buyer @ per annum 1% 2% 100% 2% 3% 50% 3% 4% 33% 1st line: BoE base rate is 1%: I want to lend 1 million pounds, so I borrow it from the money market at 1% interest (£10,000 a year), but get 2% interest (£20,000), giving…
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Need Debt or mortgage advice ?
Are you struggling to meet your monthly payments. If you require a mortgage southampton why not get in touch now via out website which gives live mortgage rate updates at http://www.mrp-associates.co.uk We do not charge our clients a fee and can help with all different aspects from mortgages to debt consolidation. THINK…
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Can I Keep current mortgage rate on completion of sale?
Hi, Can anyone advise! On the sale of your house can you keep your current mortgage rate and type of mortgage if you go into rented accommodation? (Mortgage paid off on sale):confused: and if so how long can you keep it before you have to apply for a new mortgage and rate? Have a good rate, but thinking of selling, renting…
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Home Improvement Loan
:confused: Hi, my first post on MSE so hope someone out there can help... I am 3 payments away from settling a home improvement loan I had (10k over 10 yrs, provided by mortgate provider - Abbey Santander). I am considering taking out another home improvement loan of about 5k. Any suggestions, should I do this in current…
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LTV Help
I wonder if somebody could please help or advise. I keep reading in posts about getting the best fixed mortagage rates if your LTV is less than 75% (is this correct?) Could anybody advise me if you think I will have the option of the best rates on the market when my current fixed rate finsihes. Mortagage as of 01/01/2009 -…
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Tracker - no reducation in my rate
I renewed my mortgage in July 2008, with another (my 2nd with them) 'Tracker' mortgage, again with Bristol & West. Whilst I have plenty of letters from them informing me of rate increases over the total period with them, I have not received any communications advising a rate reduction. After a few days of scouring this and…
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Changing fixed rate after Offer has been sent
We have had a mortgage offer from nationwide as we are moving house, expecting to sign in about 3 weeks. Spoke to nationwide this morning as interest rates on our fixed terms have reduced so will save us approx £35 per mth and asked if we could move to the lower interest rate whilst keeping same fixed rate term They agreed…
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Well Done C & G
Just received an email from my broker to advise C & G has already announced that if there is any reduction in the base rate tomorrow they will pass it on in full on their SVR Good news as I am on the C & G SVR. Fantastic PR and I have to say it again but well done C & G.
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Nationwide "Collar" Clause
Is anyone else going to be hit with Nationwide's stupid "collar" clause as mentioned on Sky News? Essentially, if the rate drops any further than current then we are going to see absolutely NO benefit whatsoever! Cheating bar stewards, I bet they dont have a upper limit! :mad: :mad: :mad:
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Charge against property?
Hi Hope you can help me please? Is it possible to remove an ex husbands name from our mortgage? the house has a charge against it from one of his old ccj's which he is currently paying off? Many Thanks Kitty1979
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Best buy to let mortgage
Can anyone recommend a good mortgage company that deals with buy to lets? Also - generally what is the highest percentage they will lend? I was told 75% originally, but someone else I spoke to told me he'd heard of 90%??? Any advice would be great! Thanks
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Fixed rate ending,help needed please
Hi our fixed rate with nr ends in March.Just checked our credit files oh has a few late payments whereas ive just discovered i have a settled default from next.Been onto them to see about getting it removed but in the meantime who is our best bet for re morgaging with thanks in advance.
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First Direct Offset Mortgages?
Please can anyone explain (clearly?!) the difference between First Direct's Base Rate Tracker mortgage and their Variable Rate offset mortgage? I rang First Direct to ask them but I'm not sure that I understood their explanation :confused: I think that it the same product except that the Tracker ties you to 1.49% of the…
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Duplicate Post - Please Ignore!
Duplicate post - please ignore!
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Fixed Rate Mortgage Coming To An End Shortly
Can anyone please give me some advice? My husband and I currently have a 3 year fixed rate mortgage which comes to an end at the end of February. The rate is 4.64%. I don't have a current Mortgage Account Statement, but the last one I have for the year ending 31st December 2007 shows a closing balance (then) of…
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When are HBoS and Lloyds mortgage deals merging?
I take it at some point in the future HBoS and Lloyds will offer the same mortgage deals. Any idea of when this is likely to happen? There are a few deals available for Lloyds customers only which look quite appealing and I'm wondering if it is worth factoring this in to help me decide when to come off Halifax's SVR.
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fixed rate v variable
Hello, please help, i am a bit useless when it comes to understanding mortgage jargin! I am just coming to the end of my interest only mortgage that lasted 3 yrs. I have now been offered repayment on a variable rate of 4.99% or repayment on fixed rate for 3 yrs at 4.50%. In my eyes with the housing and rates how it is it…
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French euro mortgage
Does anyone know a good site to compare french mortgages like for instance times online in the uk?
