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Switch or stay?
Help, we are going slightly mad trying to decide what to do with our mortgage. We are lucky enough to have a fairly small mortgage which we currently have as interest only. We know that our endownment is going to be short so we were going to change to a repayment and use the endownment proceeds for other things. At present…
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Nationwide not allowing to leave fixed to go on tracker even with paying the penalty
Just checking on this subject again, when I originally rang Nationwide to change over products (to pay the penalty and move from a fixed to a tracker) they told me it was not possible to do this over the phone I had to write in and do it or I would have changed onto a tracker that day. I wrote in and then phoned back it…
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out standing balance after final settlement ?
3 months ago i remortgaged to a lot better and cheaper company saving me £400 plus as i paid my normal payment to spml (capstone) on the friday before my new lenders completed on the following wednesday after all the legal eg solicitors,valuers etc had done there stuff and all parties the results of the property value and…
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What counts as income for mortgage calculation
Although my husband works, the vast majority of our income is made up from things like maintenance payments for the children, tax credits, DLA and my incapacity benefit. So what counts as income when you are applying for a mortgage? Just your salary? Or benefits too?
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Bit lost at what to do. Pay off in 5 years or 10.
OK. Bradford and Bingley have offered a get out of jail free card on our fixed rate so we are free to move our mortgage. We currently have 6 years 8 months left on the mortgage to pay. If we sell our endowments we can pay off the interest free part of the mortgage and leave £37600 to pay on a house valued £170000 (next…
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Mortgage for Foreign Property - a general question
Hi, If one wishes to buy a property abroad, is it generally advisable to raise the mortage from a UK lender (given that one lives and earns here), or rather to approach a bank in the country where the house is located? Thanks!
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additional loan / remortgage - advice please?
removed post for privacy.
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New tracker mortgage - 2.49% above base rate?
Can anyone help me please? Our discount mortgage runs out in March and I have been looking into new deals. My bank phoned today to offer me a 3 year tracker mortgage at 2.49% above base rate. What do you think?
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HELP!!!! need remorgage advice
Hi, our mortgage is due for renewal in june, we will have had it 2 years and its our first renewal so we are going into it a bit blind, heard Martin on the sara cox show on radio 1 today and about had a heartattack, he was on about its a bad time to buy and I just caught the tailend of something about companys will only…
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Standard Life - MEAF
Hi all I recently remortaged my mortage from Standard life to First active at the end of the fixed term with Standard Life. I noticed that Standard life had charged me a £200 exit fee (or Redemption Discharge fee). I wrote to them saying this was not mentioned in their contract and that I should not be charged at all as I…
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Any other types of equity release?
Hi, I separated from my husband back in september, and am living in our joint mortgaged property with my three children. He is desperate for me to put the house on the market as he wants his side of the equity to pay off his debts. He is living with his new girlfriend, so it is me and the children who will be out searching…
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when do u need 2 remortage?
we need to find a new mortgage in june as our one we have now will go up. We are with advantage and we got 90k but put 4k of it down as a deposit. We've been paying £551 a month. also can anyone help me work out how much we need to remortgage? im goin to do some quotes on some of the sites. thanks
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Experian
I have done a few Experian credit checks before (around 5) id check it then forget something that was on there and check again, all these have come up as an extra entry when i do a search, will this effect me in any way when applying for a mortgage? I know it does if quite a few banks check thinking were desperate to get…
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Advice needed please - remortgage or not?
I remortgaged in May 2008 - it was for £99k on a 3yr stepped fixed. 3.99% for the first year, and 5.99% for the remaining two years. The total term was 37years. The redemption penalty on my current mortgage is 3%. At the time an estate agent valued my house at £200k whereas Halifax valued it at £181k. I am considering…
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Endowment...stick or twist???
Help !! I have an endowment mortgage for £50,000 £40,000 of this started in October 1988 and matures in October 2013 The remaining £10,000 started in May 1991 and matures in May 2013. I pay a total of £ 70 per month to cover both endowments and £220 per month with the Aliance and Leicester at 3.54% to cover the interest on…
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End of fixed deal
Hi I may be worrying unecessarily and I suspect the doom and gloom in the press isn't helping ease my worries hence my post! I took out a 100% 2 year fixed rate repayment mortgage in Dec 07 so although it's a little way away I will be looking at what to do at the end of this period. Because the world was very different…
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10 year fixed rate. Is it worth it.
Hello. My partner and I have just come out of a 2 year deal with the Halifax fixed at 5.85%. Of course now that we are on Halifax's standard variable the rate is a lot lower at 4.50%. However we have now been offered a 10 year fixed rate by C&G at either 4.99% with a buy in of £995.00 or at 5.25% with no buy in. The…
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Where to get a mortgage with a CJJ on credit file?
Hi all, OH and i have been saving for a deposit for our own house. We knew my OH had missed a few payments a couple of years back so checked his credit history to find a CCJ for £108 in total after fees on his history from the DVLA.:( This has really put a spanner in the works! My income isnt enough to a mortgage just in…
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ScotAm/Pru Unit linked endowment
Hello all I understand that former Scottish Amicable now Prudential policies generally perform well. I have a unit linked policy which I no longer need for my mortgage and am using as a saving vehicle. Just looking for general views about whether or not its worth keeping from the endowment gurus out there. I have just…
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Abbey and GE Money "2nd Charge" issues affecting Land Registry
:confused: I am a customer of abbey mortgage. My fixed rate ended last August. I had borrowed extra money on secured basis with ge money home lending to extend the house, that complete, I have now tried to change my mortgage to abbey flexible mortgage. I signed up to this in October and was accepted however had to change…
