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FTB - Use Broker or not?
Hi, Me & my boyfriend are in the process of buying our first home. The house is £127500 and we have a 15% deposit. Monthly outgoings are £220 for my car & £35 each for mobile contracts. Boyfriend has £1600 on credit card. We saw a mortgage broker last weekend who has come back to us with the best deal she can find being…
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FTB Mortgage Query
I'm very new to this so please bear with me! I've just applied for a mortgage in principle online, having researched for deals all week, but was very surprised how few questions i was asked. I've seen a new build flat I like and would like to put in an offer shortly - what price I still don't know - they are asking £110…
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Would 2nd house be possible? 2 mortgages
Hi, my partner and I bought a house 2 years ago (at peak:o ) but are really not happy here. I was brought up in a detached house in the country and although I thought I wouldn't mind living in a park in a town, I absolutley hate it to the point that it is affecting my happiness and our relationship. We bought with 100% so…
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some advice to back me up, brother in law thinks i'm stupid over fixed rate mortgage
hi just want to run this past some people on here if i can. I have bought a house for £418,600.00 with a deposit of £275,474.00 so leaves me with a £143,126.00 mortgage. Now i was going to fix it for 5 years at 4.29% and free valuation and £995.00 arrangment fee. My wife phoned her family today and told them about our…
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advise on my morgage
hiya all i could do with a little advise on my best options. i have a 2 year fixed morgage with abbey 6.19% which ends october 8th. property value is £170k morgage was £120k over 25 years but i overpaid £12k this year so balance will be £108k. i am currently paying around £730 per month & should be able to carry on paying…
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No more 100% mortgages, so whats the highest for a FTB?
As I am expecting my 3rd child in a few weeks, we need to move to a 3 bed place, Seen a house for sale in the village I grew up in for only 95k (3 bed semi) I can afford £650-700ish a month towards the mortage, (rent is about that for a similar sized places i've looked at) Assuming I have to work til I am 68 (41 years…
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How do we discharge our mortgage?
We paid off our mortgage but Bradford & Bingley refuse to return our deeds unless we nominate a solicitor to arrange the "discharge" and receive them on our behalf. They claim that Scottish law requires such, but it sounds expensive... Can anyone confirm the legality, and if it is necessary, any suggestion of a cheep…
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can anyone give me any further mortgage/finacial career advice
Hello again! Well i've had a busy few months moving from b&b to the abbey! i have finished my cemap and got the last part of cefa in a few weeks. I have been trying to find a job in the mortgage or investment market as i am scaired my hard work and knowelege will soon be forgotten if i dont work within the financial feild.…
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CCJ Mortgages?
Hi there, i'm 20, and have recently onl,y become aware of a ccj i had against my name for £800 i paid it off in full as soon as i was aware of it. I have been offered to buy the flat me and my fiance are renting at a price tbh, too good to refuse, but now, i cannot get a mortgage due to the ccj? i have applied for the…
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10 year fixed - i am right.....aren't i????
We are with Britannia we owe £38261.72 on the mortgage. my 5 year fixed rate (5.49%) ends in June. we will have 12 years and 4 month left on the mortgage. Britannia SVR is 4.74% i can apply now as an existing customer for their 10 year fixed at 4.69%. arrangement fee £549(Rather high if you ask me for existing customers).…
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Morgage Help
Hello! I recently read my weekly email from moneysavingexpert and read about the homeowner mortgage support scheme which was supported by the bank who our mortgage is with, after weighing up the pros and cons we decided that it would help us out a lot! So off my husband went to the bank who didnt seem to have a clue what…
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Nationwide mortgage reserved and extended question
Hi All, I have just come back from Nationwide after trying to get a mortgage I had reserved and extended. Here is my situation, back in October I managed to get one of the last 95% tracker mortgages which is 1.5% above base. The day it was just about to expire I went into Nationwide with a potential house I wanted to buy.…
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First Direct SVR -
Has anyone heard, seen or read that First Direct are changing the SVR from 3.69% in response to the 0.5% cut at beginning of February? First Direct said they would announce a decision regarding the rate after 3-5 days review.
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abbey mortgages how long did it take
Just wondered who has applied to the abbey for a mortgage recently and how long did it take from filling in the application to getting a decision. I have been waiting 5wks in all so just wondered if this is the average time it takes. Thankyou
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what is the best 85% Mortgage?
dos anyone know what the best fixed rate mortgages are for first time buyers with a 15% deposit? Seems that mortgages are really in short supply at the moment.... many thanks in advance for any help anyone can offer.
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Nationwide: using overpayments to reduce LTV?
Hi all, I hope somebody can help. I have a £57.6k property* with £39.3k outstanding mortgage with Nationwide, of which £10k is my overpayment reserve. Current LTV based on Nationwide's house price calculator is 68.2% (I confirmed this with their customer services yesterday). I am currently on SVR, and it is my intention to…
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Wrong advice given-what can I do
Hi all I'm just here for a bit of a rant My mortgage deal was up at end of Jan and my lender sent me a letter telling me my deal would move automatically onto a tracker of 0.99% above base rate. I called my lender to discuss options and they told me the only deal around was 4.45 tie in. I decided to call into my local…
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Best mortgage for 1st time buyers with 60% deposit?
Hey, What is the best mortgage for 1st time buyers with 60% deposit? Needing to borrow £120,000. I know very little about mortgages and what our best options would be! we have been into our bank (LloydsTSB) and they said our best is a 3yr fixed at 4.39% changing to variable 2% above base rate. Is this really our best…
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How will this work?
Hello, just after a bit of information please. I have 2 endowment policies for my mortgage. One matures on 13th March 2009, with a target of £12,960. This was taken out in 1984 when we bought our first house. Most recent information tells us the policy is on target to pay out around £16,000. We have another policy taken…
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Late request for fee payment.
I changed my morgage and had to pay £195 to my broker. I presumed this payment had been taken. But it had`nt the fee was supposed to be taken on completion. But it wasn`t they are now asking for it and at present i dont have it. Can they request payment from me despite the length of time. It was supposed to be taken in Oct…
