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What to do- Moving and getting new jobs..
Hi all, We are looking to re-locate and thus move house but we need some advice on our mortgagte and stuff, i really appreciate any input! We curently have a portable Mortgage with Halifax which we took out in September 2008. We are hoping to move house at the end of the summer. BUT- Both myself and my wife will be…
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Help- don't know what to do!
Feel a bit of a numpty, been avoiding this one for nearly 2 yrs but am going to have to face it sooner rather than later....... Seperated from ex march 2007, have joint mortgage that is fixed until jul 2010-i'm guessing he wants me to buy him out then, although he has made no contact about the mortgage situation.he hasn't…
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Mortgage advise needed!!
We are looking for some advise on our current situation, we are living in a 2 bed flat which we purchased last feb for £190k (20k deposit) - we have totally modernised and now looking to put on the market at a loss!!! Estate agent think we could get £175 - £190k so think we need to look @ worse case and base all sums on…
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Help:Remortgage Info. Is a Broker any benefit.
My mortage runs out with Northem Rock in 2 months. I am looking to set up a 10 year fixed. I have about 505 equity with excelliant credit. I beleive Skipton are doing the best deal at the moment. Is there any benefit in me using the broker. Can they provide any better deals or are they not necessary in this scenario.
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addition to deeds?
I have been searching the forum for some advice on being added to mortgage deeds in order to release equity to purchase another property, any help is greatly appreciated. our parents currently own their home outright and it is valued at 160k, they have stated that they will add us to the deeds of this house in order for us…
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Set up Fees vs. higher interest APR's
Hi all, I am looking for a bit of advice as to how to calculate the best remortgage deal. My adviser has suggested a Northern Rock mtge at 4.49% fxd 2 yrs, no fees, no application or booking charges, no valuation/legals. The product allows unlimited overpayments so seems great for what I want. However from looking around I…
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Advice needed - partner has left me
Hi all, Coming up to five years ago I agreed (with my then girlfriend) to sell my flat and put the money down on a flat we were to purchase together. I put £90k of my flat's sale into the new flat, which cost a shade under £250k. When we signed up for the new mortgage the bank asked about percentages of the flat. I wasn't…
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Scottish Provident endowment maturing - advice please
Our Scottish Provident Endowment with profits, will be maturing mid March 2009, and we have received a letter from them asking for documentation prior to them releasing their cheque to us “on or shortly afterwards” the maturity date. Also saying they must receive the documents requested no later than 10 days before…
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Should I change my mortgage?
I bought a house last year and currently have a 6.45% 2 year fixed rate mortgage with Nationwide on a £120,000 property. This does not run out until October 2010. Is it worth changing given the current climate? I know there is an early repayment charge of about £1500.
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mortgage question
hiya me and my wife are on a dmp which we are looking at making full finals on thats another story, We currently live in a 2 bed house mortgage for 65000 valued at 120000 trouble is current property is to small family is growing 2 kids and one on the way. Someone has offered a property to us valued at £195000 we can have…
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Excess Advance Amount / Higher lending charge?
I took out a £200k mortgage 4 years ago on a property valued at £249k. The society I am with have a rule that where the mortgage LTV was more than 75% a fee was payable to allow the society to buy a policy to protect them to clear the debt should the morgage be defaulted on. As it turns out I was charged £526.58 for this…
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Fixed or Offset for Borrower with Savings?
Morning, A long time viewer of all the excellent advice given on these forums and would be grateful for advice for myself and I guess other borrowers that are lucky enough to have some equity in these times. Situation is that I have £130,000 mortgage (50% ltv) looking to remortgage. I have to date paid interest only and…
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Help wif Maffs
Current mortgage interest rate = 2.63% Current net savings rate = 2.42% 194 months left on mortgage £1000 paid off my mortgage now = £1356.06 less in monthly payments or £356.06 profit £1000 left in savings for same period = £1391.88 or £391.88 profit. How can that be? :confused:
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Please help, advice on taking x's name of mortgage
My girlfriend is in dire need of some advice. Her x walked out on her and his child 12 years ago, they had a joint mortgage. He hasn't paid anything in 12 years. My girlfriend has been paying the mortgage and bills ever since, she has only just started the ball rolling regarding taking his name off. She has spoken to a…
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Best way to deal with final 18 months of mortgage?
Hello all, Having browsed this section a bit before registering, I imagine that the comparatively small sums of money involved will raise a gaffaw or two, but as a "veteran" of the 13%+ interest days, I assure you that relatively speaking I have been mauled just as badly in my time. I owe Nationwide a shade over £14,000 on…
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Fraudulent Mortgage Broker
:mad: :confused: Hi this is my 1st post....need some advice! My case is going through the FSA at the moment but I will bring you up to speed. My boyfriend took out a mortgage in 2005 using a broker before we got together. He hates paperwork so never bothered questioning anything. Anyway I was looking through his paperwork…
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Oxydation (or oxidation)
I need some advice please on a hob I recently had installed, purchased on-line. The pan supports are made of stainless steel and on first use (just to boil water for a boiled egg) they turned brown. I was advised by Smeg, the manufacturers, that this was to be expected as oxydation occurs when stainless steel is heated and…
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Is it worth borrowing money to top up LTV to get better rate?
OK - I'm reasonably on top of my financial senses but on this one I'd lile some opinions. I need to remortgage soon. I have about 15% equity in my house. I recently acquired amortgage offer and th ehouse was valued at £295k. My current balance outstanding is £253K. The date I will remortgage on is 01/08 so the balance will…
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Life Insurance Etc
My mortgage advisor who is allegedly independent is trying to sell me loads of cover in the form of-life, critical illness (no one can get unemployment at the moment) and something that if I die my 2 young babies get an income every month. Now at the moment on my current mortgage I only pay £14.11 a month for life…
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Debt On Mortgage?
Hi all. I need some much needed home improvements, altho we have a fair bit of debt on CC's. I was adding 30k to my mortgage initially to cover these improvements but if I borrowed 35k I could pay off my cc's and save a fair whack a month, plus I could afford to over pay my mortgage, what would u recommend? I know I am bad…
