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I'd like to buy land but don't know about financing this?
I'm very interested in buying some land for grazing use for horses, and I've looked into local prices. To get the three acres I require, I'd be looking at spending around £20k, £25k maximum. I'm a first time buyer, my partner owns our house (or should I say 'his' house!) and I've discussed it all with him. I can afford to…
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Would like information on buy to let please
We know of a house that is being sold to fund nursing home fees of a neighbour. I have taken great care of this neighour and helped to get her into a home and looked after her for 2 years. There is no family, so i have got a solicitor involved and she will become court of protection of her shortly. Her house, will sadly…
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Increase Mortgage Term - At discretion of Bank or not?
Is it at the discretion of the Bank or Building Society if they let you increase the term of your Mortgage or is it compulsory that they must allow you to increase the term. Had read somewhere that the FSA said they must allow you to increase the term. Will they allow it on the current product or would you have to move to…
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Remortgage - What can they offer me?
Hi, I am coming to the end of my (fantastic) tracker in May. I am being posted abroad and either have to sell or rent it out. I've done my figures and if I rent I have to pay in around £150 a month to cover EA fees, appliance insurance, central heating insurance etc. The rent received will just about cover the interest…
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The Hanley Building Society
Anyone had an y experience with them? I am considering applying for one of their mortgage products and wondered if anyone had any experiences to share?
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Raising Capital
Hope someone can help - we own outright a house in Spain with all its correct legal paperwork, and would like to borrow on the value of the house in order to purchase a property in the UK - any ideas?
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Negative Equity - Can I move my Mortgage?
I purchased a property in Hampshire in June 2007 for £210k, it is now worth anything from 178k-190k at best. I want to move to East Anglia and have 194k balance on my mortgage. I still want to move and buy a place for about 175-200k. Can I still move with my mortgage even though my property will not cover the mortgage…
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House Deposit
Please help, I'm a bit confused! About to put our house up for sale (Scotland). Our plan was to sell and buy another house more or less at the same time, ie both sets of missives being signed at the same time. We can't leave ourselves homeless. We would release about 50% of the value of the new house from the sale of the…
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Commercial mortgage minimum interest rate Abbey
Hello Our commercial mortgage is with the Abbey and our rate is Bank's Base rate plus 1.75%. The catch is that the mortgage carries a minimum interest rate of 4%. So instead of getting a rate of 2.75% we are paying 4%. I have approached Abbey but they are not willing to remove the minimum rate which seems to contradict…
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Voluntary Repossession
Hi everyone I was hoping someone would kindly give me some advice regarding Voluntary Repossession. My husband and I split up approx 2 years ago. We had a joint mortgage on a house for £135,000, interest only, with £135,000 owing. We both had debt problems, his were high and in the end it ruined our marriage. After the…
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Help with endowment please
Hi, I have two Scottish Provident 25 year endowment policies that have not paid out any annual bonuses in a while while the maturity values slowly decreases year by year. Details Policy 1 maturity 04/2011 Projected values 4% growth £24300, 5.75% growth £25200, 7.5% growth £26000 or surrender value £20,446 Policy 2 maturity…
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Great deal for first time buyers with 25% deposit
Ive just looked on the nationwide website and they have a 3 year tracker for first time buyers with a 25% deposit currently at 4.18%, and only a £299 pound fee, which i think is a great rate for a first time buyer. The other good thing is nationwide have the switch and fix on their tracker rates, so has soon has you think…
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Northern Rock Portable Mortgage
Hi, I currently have a mortgage with Northern Rock, and have seen a house I would like to buy. The only problem is it is for nearly 30k less than what the mortgage is on my property at the moment. Will northern rock see a problem with moving the mortgage to this property? And will I have to pay any fees? I am so confused…
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Northern Rock Lending Again
According to BBC News this evening, Northern Rock are starting to lend again (£14 billion to lend over the next two years). http://news.bbc.co.uk/1/hi/business/7904748.stm Full details apparently to be released tomorrow, but will include relaxing their policy of pushing existing borrowers to other lenders. Potentially good…
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Ex not paying morgage
Hi I recently split up with my ex and he is refusing to pay his contribution to the morgage. Does anyone have any idea where I stand legally? Thanks
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Can anybody give advice
Hi. My partner's father has passed away leaving a house worth £140,000 with no mortgage to pay. The house and contents to be shared by my partner and her brother. My partner wishes to buy her brothers half of the house, but doe's not have the funds to pay for it, is it possible to get a loan for this, as there would be…
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Hubby with platform, still in fixed period and we want to move with me added on!
My husband owns our property. He has a mortgage with platform who are an intermediary lender of Brittania. The fixed term ends in Sept but we want to move and I will need to be added on if possible so that we can increase the amount borrowed. Is this possible do you think? Hubby secured the loan using a broker. Will we…
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Investing using Woolwich Current Account Reserve
I have a Barclays/Woolwich Tracker Offset Mortgage with an interest rate 0.75% above BoE base rate. Included with this mortgage is a Current Account Reserve facility which is basically a secured overdraft charging the same interest rate as the main mortgage. Can anyone think of any reason why I shouldn't use money from…
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Question about BTL and emigrating
Hi, We are going to emigrate in a couple of years. We are on a fixed which runs out in June 2011. We want to move to a BTL at this point, assuming that this is the right thing -- we believe so at least. The reason for BTL is that we are emigrating but want to keep hold of the house just in case we need to come back because…
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Mortgage Broker Credentials
Does any one have any advice on how to check out whther a Mortgage Broker is any good? He is listed, but a web search on his name and company doesn't get any matches or reviews.
