-
FTB – shared equity question…
Hello, I’m a FTB and am a little confused about how to negotiate with a developer over a shared equity scheme. Is it possible to negotiate a lower price for the property and then take advantage of a shared equity scheme on that lower price? Or will the developer insist that if a shared equity scheme is the required deal,…
-
Advice needed on Mortgage
Hi guys jusst need some help and advice on a mortgages as my Tracker deal has just ended. My mortgage went from £720 pcm to £530 but on a svr it is now £650. What is the concensous of opinion, do I just stay on the svr and see what happens ie interest rates go down and banks start lending and wait for a decent deal or…
-
Endowment - Really appreciate advice for my mum
MY mum has got a mortgage question . I would really appreacite some advice. this is her situation (she emailed me it) huge thanks for any advice in advance. "We got endowment with Scottish Amicable for £47000 in 1995 for 15 yrs to cover mortgage with Northern Rock for same amount. We moved and reduced our mortgage to…
-
Whats the best mortgage for us - FTB's
Hi all Me and my OH are FTB's with a 15% deposit and are looking to borrow £83k (Offer accepted of £98k) Does anybody know what the best mortgage available for us would be please? Many thanks
-
Alliance & Leicester SVR reduction
well - that was worth the wait, a measly 0.1% down. woohooo :rolleyes:
-
Should i change
My two year fixed plan has come to an end, but due to the low intrest rate i am actually paying less now i have reverted to the std variable of 3%. I am being pestered to go back to a two year fixed, while good deals are around.Should i wait for the next intrest rise, or fix it now at around 4.2% ? Can you advise ?…
-
Mortgage for a repo flat with a planning issue
Does anyone know of how one would could get a mortgage for the following property. The flat in question is a repo garden flat, the problem is a room (kitchen ) was built onto the rear of the flat without planning or permission of the freeholder. The land the kitchen was built on belongs to the freeholder and is not part of…
-
FTB- Panicing over being turned down- advice pls?
Hi guys, I'm a young FTB in a bit of a panic, any advice appreciated. After much research I plucked up courage to complete online application for 90% LTV fixed rate with Post Office. (Even the brokers couldnt beat it!). Despite a clean credit history, great employment (£45K), 10% deposit savings etc I got a declined…
-
Endowment Shortfall Options
Not sure where to put this post? I have a 68000 mortgage of which 23000 is repayment, the rest is interest only of 45000, i have an endowment policy with Scottish Widows which was meant to cover this amount.I have gone down the road of claiming misselling to no avail, went as far as the ombudsman etc. Anyway as things…
-
First Time Buyers - Could we do it?
Hi all you MS Experts, I'm looking for a bit of first time mortgage advice from one of you knowledgeable lot, for which I'd be very greatful! My partner and I currently rent a house near Ely, Cambs, but we are now looking to move into Ely. We could obviously rent again in Ely, but it would be nice to own our own place and…
-
Mortgage late payment and arrears fee's
Hi Over the last 12 months I have been unable to make a couple of payments on my mortgage, sometime I have been 2 or 3 months in arrears, Norhern Rock have charged me £25.00 and £55.00 respectively, does anyone know if I could reclaim these charges. thanks to all inadvance
-
Amazon Gift Certificate Scam
This is a real cutie.:eek: Bought £25 worth of books on Amazon using a gift certificate. (Or so I thought!) Turns out they took the money off my debit card, and off the gift certificate!:mad: When I ask them if they would be so kind as to refund my debit card, they refund the gift certificate balance instead. Hey ho. So…
-
defaults
soon i might have to get a mortgage i have got a house which is mortgage free and worth about £200000 i have to give my ex around £60000 so i need to get a mortgage is there any chance of me getting one with 5 defaults on my credit history
-
Mortgage Problems
I'm in need of some urgent advice, My Dad took out a mortgage in 2005 with kensington, around the time of northern rock collapse, i remember him telling me the mortgage had shot up to around £1800 (interest only) per month he said it was approx 9% interest, he then tried to seek legal advice to get out of the mortgage as…
-
Remortgaging
Hi all, just a quick queston to ask wether its possible to re-mortgage whilst in arrears, i dont think i could but just wishing to confirm, thanks.
-
Stages of the mortgage process
Hi all, I am a 1st time buyer who has arranged a mortgage in principal based on 10% deposit. I am a little short of the 10% mark butwill have it in the coming weeks. My question is, at what point do you have to provide proof of deposit?, and when would it all need to go through? Would I be able to bid now, knowing that I…
-
Martins Advice re switching?
Hi, I listened to martin a while back on the radio and he said that unless your fixed rate was below??% you would probably pay more in early redemtion fees than you would save by swapping, does anyone know what that figure was - even roughly please?
-
changin from interest only to a 50/50
I have changed from an interest only mortgage to an 50% repayment and a 50% interest only........I rent out the property- sill I still be able to claim tax relief on both of the repayments. Anyone got any ideas...? Cheers Pam
-
Redemption Penalty - Northern Rock 5yr Fixed
Hi. My wife and I have a fixed rate mortgage for £137,000 with Northern Rock for 5 years, which we took out in November 2006, so the end of the fixed rate period is November 2011. We are considering emmigrating to Canada by the end of next year and may wish to try to sell the house somewhere between Summer 2010 to Winter…
-
Mortgage overpayment question
Hi, I've just registered and this is my first post!! I wonder if anyone can explain how mortgage overpayments work. I'm in the fortunate position (due to the falling interest rates) of being able to overpay my mortgage by £500 per month. When interest rates rise again I won't be able to afford this so would only be looking…
