Mortgages & endowments

Discussion List

• Self-Employed Mortgage & Accounts

  Hi. I hope someone can help me. I am looking at buying a house with my partner. She has stable employment and I am self-employed. I have been working for myself for about 4 years, and can show 3 tax returns as proof of income. I have never used an accountant as my accounts and tax returns as a sole trader are easily…

• Using Beacon, how long?

  We've previously been turned down a mortgage from RBS and Abbey because I can't provide the last 3 full years accounts, as they've not been completed yet. Our broker has managed to hopefully get us something through Beacon. So far we've provided all the information they've asked for, and they've done the survey this…

• Can u get a mortgage if u have bad credit record

  Hi, am looking for some advice to see if its possible to obtain a mortgage with a bad credit file. Equifax have allowed a debt collection agency to register and record an "otstanding debt search" on my credit file. This doesnt show in the "debt section" of my credit report only in the "other searches" section. I raised a…

• Remortgage question

  Hi there We're about to apply to 'port' our mortgage to our next property as we have just sold our house. I'm currently working part time but am due to go full time next week. We are going to put the full time salary but when they ask for wage slips for the last 2/3 months they willl of course show my part time pay. My…

• Cant believe what Nationwide have just said to me!!!

  I posted on an earlier thread about looking to get out of a fixed rate with Nationwide. Although there are cheaper rates, I thought it would be easier to stay with my current lender on another fix. When i enquired about another fixed rate the advisor told me. " Oh I'm so sorry you cant remortage with us, you will have to…

• Is it worth paying the penalty?

  I remortgaged in July 08 on a fixed rate of 6.19% (ouch) for 2 years. I'm regretting not going for the tracker mortgage. Is it worth my while changing product and paying the £4919 penalty fee? Ta

• HSBC Remortgage 2.99%

  Hi Just sorted a very good remortgage rate with HSBS 2 years fixed at 2.99% £599 booking fee but they pay all leagal and valuation fees but you must have 60% LTV

• 10 yr fixed rate-what do you think?worth it?

  I just need advice/different opinions.. for my remortgage.. i've got an agreement to sign and send back for a 5yr fixed at 4.69%.. but i also noticed that they have a 10 yrs at 4.89% and was wondering if i should just go for it and know for the next 10yrs my rate... but is it a gamble? will it go much lower? I know we all…

• Help please re endowment

  Don't know what to do, ie cash it in or just sit it out: Sum Assurred: £32,000 Maturity date 28/01/2010 Declared bonus: Nil Annual bonus rate: nil Monthly premium: £97.64 (but is paid by waiver of premium due to ill-health, so I am not actually paying premium at present) Mortgage interest rate: 4.690% Maturity foreecasts…

• Mortgage - does this sound right?

  Putting our house up for sale with a view to trading up. Phoned our Skipton BS before Christmas as I wanted to discuss how much extra I could borrow and if they were still lending. They were a bit evasive but said I should have no problem. I've no outstanding credits/loans - only a small mortgage - and no bad debts. I've…

• encashment fees

  After consulting my IFA I decided to cash in an endowment policy I had with Pearl, it had been paid up for some years and I'm getting together a deposit to try and get on the property ladder. He had checked that there were no MVR fees, I downloaded the forms as Pearl suggested checking once again that there were no…

• Affordability Calculator

  Can anyone tell me how HSBC work out the affordability? I earn £48,500 Asked for £139,500 mortgage after i have paid 10% deposit. Repayments are £909 pcm Do you think they will say i can afford it? I'm confident i can.

• Current Lender Not Allowing Me To Transfer To Lower Interest Rate

  AAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHH I AM SOOOOO CROSS. In a fixed rate 5.75 with Nationwide. Found they have lower fixed rate of 4.18 for existing customers transferring to new rate. I am still in a "tie in" as my rate is still current, so told Nationwide that I am willing to pay redemption penalties as I…

• Beacon application

  I applied for a mortgage through Beacon on around 16th January and the property survey was completed on 23rd January. I received a copy of the valuation which was fine, and was told to make sure I would have the buildings insurance in place for when the offer would be made. I have found insurance etc so am ready. I have…

• Best 90% LTV Mortgage - FTB

  I wonder if anyone can help me? Im looking for a the best 90% LTV mortgage deal. Im a first time buyer and the best my broker could find was one fixed for 5 years at 6.45% Anyone aware of any better deals out there? Cheers.

• Mortgage minefield..?

  I've been waiting since before 2002 to dive in to the market, now of course it seems as though there isn't a mortgage broker around willing to actually part with one...! Could anyone make any recommendations as to a decent broker that it might be worth talking to right now as a first time buyer? I was hoping previously to…

• Mortgage how long how much does it cost new application

  How qickly can a mortgage application go through? I want to apply for a mortgage with Britannia, but I want to get an answer yes or no before I spend any money on charges or fees (valuations etc). Is this possible? Or does the buyer have to risk spending the money and then the bank or BS can still say no?

• Questions for you experts!!

  I am 18 months into a 2 year fixed deal (5.89%). The questions I have are: 1. When the deal is up, will I be put on the banks (Nat West) Standard Variable Rate? 2. Do they have to offer me another deal? 3. If I opt for SVR, can I go onto a deal at a later date (ie/ if the rates start to go up)? 4. What are the current…

• Valuation Fee!

  Hi I'm part way through buying a house and of course it came the time when I paid to have a valuation done. I paid the £315 the Halifax asked for and they went away and did their job etc. The reason I'm posting this thread is because since I paid the £315, the halifax have changed their mortgages (for the better!) but have…

• Lloyds application for 10 year fix rate - Switch to Skipton

  Hi, Are going for a house, and have put in for application with C&G for 10 year fixed rate at 5.29% (75% LTV, £995 app fee, £600 homebuyer survey) Although the survey has not yet been done they have taken the cash from our account so it is should be done very soon. Anyway point is that have found out that Skipton BS would…