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Advice on Current Mortgage Situattion
I'm looking for advice for my father in law as he looking to save money wherever he can. (same situattion for him as everyone else in this country) Heres his deal: He Owns a house which was valued at 190k in June 2008 (so it will probably be worth 160k-170k now). His mortgage is with C&G, he has 3 sub-accounts: 1)…
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Homebuy - Keyworker exp. open market option
Hello All, Quick questions... 1 - Can you apply for this if only 1 of the couple is a keyworker? 2 - Are you eligible if you only have a temp contract as a keyworker? Many Thanks!!
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FTB - Self employed & temp contract
Hello Everyone, Were looking to buy towards the end of this year. My partner is a tradesman, nearly qualified, and will be self employed for about 6months by the time were ready to buy. Im finishing my degree and will have worked for about 6 months on a temporary contract for social services. Hopefully my temp contract…
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getting mortgage on non permanent job
Im working for an agency and have been for last 8months, can I get a mortage in my name? I know I will be there for minimum of 6months Now I cant get the full amount I want, so my sister has offered to put her name down on the mortage in order for me to start on the ladder.
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Annually or Daily??
Hi, Should I pay my interest annually or daily if I plan to pay off a lump sum of my mortgage and increase my payments / reduce my years left in the future? I know the simple answer is yes but im thinking are we at rock bottom with interest rates now and they will only climb in the future where Im lead to believe annual…
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Settlement of mis-sold endowment
Hi I was wondering whether anyone could help with a quirey? With the help of this website, we have been successful in obtaining a sum of money from the building society towards our endowment policy which we are pleased about but, i hope this isn't a silly questions but what do we do with it now. We only have 3 years left…
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B & B offer..........
Bradford and Bingley have very kindly offered to waive any early repayment charge for any customers who either want to move their mortgage or make a capital repayment. I'm stuck with a fixed rate deal for the rest of my mortgage, about 5 years, which is at 5.99% so i'm gaining nothing by the interest rate cute, and like…
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Advice please on my mums mortgage eligibility to take over from deceased partner
Hello all I was very lucky to receive some help and advice on MSE last March when my mother's partner died suddenly so thought I would try you guys again. As of today mediation has led to an agreement that my mother will buy her house off her partners son(who legally inherited) and she will also take on the 12k mortgage…
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C & G Mortgage Credit Card Payment - be wary
I don't know if this has happened to anyone else, but it has happened to me and I think it is very unfair. We were looking at re-mortgaging with the C & G late last year with a view to starting with them on 1st of Feb. We got the info. on the deal from our IFA, who is very good and we have used many times before. We said…
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Mortgage,help and questions
Myself and hubby are desperate to come away from renting and buy our own property.We looked into it last year but with the property boom it was not affordable.Now with house prices tumbling we reckon its now or never so have found and viewed a house that is affordable.Roughly monthly payments would be similar to what we…
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Advice Re-claiming Meaf Please
Hi All, I am probably being really dumb here but can I clarify that if you paid off a mortgage before Jan 07 you can claim, however if you paid off after this time then you cannot - is this correct? I ask because I paid off a mortgage in Jan 08 and do not know whether I have a possible claim. Any advice would be greatly…
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Mform.co.uk in administration
From Mortgage Strategy - Broker Magazine
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mortgage payment protection Help
I have mortgage protection through helpupay ( now called helpucover.co.uk) as advised through this website many years ago. i am currently covered for approx £850 per month for a fee of £16.40 per month (had this for many years now). the problem is i have just recieved a letter stating that if i wanted to keep this level of…
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Are the Pru having a laugh ?
In October 08 I requested surrender value for my Pru endowment plan due to mature February 09 with a view to cashing it in. I was quoted in writing and believed that this value had bonuses allocated and the mvaf applied and was guaranteed minimum. I was also given a projected sum, which they pointed out could be subject to…
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Mortgages for newly self employed
Hi all ive been newly self employed since mid december. Im looking at getting a mortgage in either may or december of this year, and would just like some pointers and advise from yourselfs. Firstly what type of deposit would be the minimum i need 10% or more ?? I have a clean credit history but obviously i am aware of the…
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L&G endowment/ surr or pup ?
Legal & General WITH PROFIT endowment 31/12/1994 to 31/12/2014 Total premiums over term - £17220 Total premiums to date - £12828 Current monthly premium £61 Basic sum insured £11938 Life cover £39010 - (no mortgage) Existing bonuses £6518 Annual bonus rate (last yr) 1.25% !! Total bonuses for 2008 £231 !! Total of basic…
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the best you have had
what is the best fixed mortgages deal you have ever had and when did you get it and who from . Just trying to figure out how good the deals they are offering just now are . thanks for your time
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95% mortgage!
Yes I did find a 95% mortgage on offer with Clydesdale Bank (direct only) with an arrangement fee of £599 + free valuation at 6.99%. Ok the rate isnt great but at least it was a chance to buy a house. I went through the process of applying. I have a credit rating of 999, no loans and their blurb says they will loan up to…
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Buying 2nd house
Hello, I'd appreciate some advice. I've been offered a job elsewhere with a higher salary. The plan is to move, rent for 6 months, then buy another house. I am currently owner occupier in my current address. I have a flexible mortgage with ING direct with a balance of £40000. My current house is valued by them at £75000.…
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Equity Release Rates
Hi Guys I am looking for help from a specialist. I am an IFA who does some mortgage business but is not equity release qualified. I have a customer aged 77 who is taking £500 a month from an equity release scheme and has a debt of £25k approx. She has a fixed rate of 7.19%. Are there better deals around and is it feasible…
