Mortgages & endowments

Discussion List

• Remortgaging soon?

  My house is currently worth £250k and we have a fixed rate mortagage at 4.89% which is due to finish on 30th April. The outstanding mortgage is made up part of endowment (£40k due to finish in 2016) and part repayment (£78k due to finish in 2019). I have just telephoned the bank - Bank of Ireland - and they tell me that…

• Barclay's No Longer allowing Interest only mortgages??

  Hi there, I have a repayment mortgage with Woolwich, who are now Barclay's. Due to other financial committments which I am attempting to sort out I contacted them this morning to ask if I could change my repayment mortgage to an interest only for a short time. However, I was told that from December 15 2008 this option had…

• Can anyone recommend a commercial broker?

  Hi, Has anyone got a recommendation for a good commercial mortgage broker? Looking into buying a leisure business & searching for a good business broker. Thanks

• Nationwide Overpayments

  Afternoon, i understand from Nationwide that if we make overpayments the amount overpaid could be drawn back at any time with no fee. you write to them and they send you a cheque. has anyone had any experience with this? is it as simple as that? are there any catches???? want to make some overpayments but in the current…

• MORTGAGE dilema....

  hello x Could I pick your brains...... I have four little ones so don't get much time to sort 'stuff' out so am hoping for some great advice, here goes.... mortgage due for renewal in june....we owe £27 500 now Have £6000 in premium bonds Children have £5000 ( would be happy to use if necessary and repay later) At the…

• Which one would you choose?

  Hello I've been a regular reader of these boards but never posted... there seems to be some very nice people on here offering good advice so I thought I'd pick your brains! A bit of background. My girlfriend and I are buying our first place together, and I'll be letting out my current home. Purchase price of 120k with a…

• FD - question on borrowing up to LTV

  Hi all those that know... So here is the thing. We have a FD mortgage and we are way under the LTV max of 80%. We want to borrow up to the max 80% but they are telling us this is "new borrowing" and therefore not available on our current rate. (We are on a .79 + BOE BR tracker offset). Now I am sure that there was…

• FTB Mortgage help

  I saw a mortgage advisor at the weekend and I have a mortgage in principle from Nationwide. What level of credit check has been performed on me at this point? I hear stories of people who get a mortgage in principle then 'fail' at the last minute. I'd rather be sure I can actually definitely completely get a mortgage to…

• Can we have three mortgages?

  My partner and I have just had an offer accepted on a house, we have a 15% deposit. I own a flat (where we currently live) and have got consent to lease from Halifax, my OH is separated (and divorcing) and he has a mortgage with Nationwide to provide a house for his wife and 16yo daughter. This is £750 a month. We are…

• Splitting up - what can we do

  Hi, I have split up from my girlfriend, we have mortgage and we owe £94,000 on it but its worth £120,000, I have give her the option to buy me out, however it looks like she wont be able to afford it, however I can afford it, but I dont think she will agree to me having it, if it came to it would I be able to fight this so…

• AIP given by Lloyds (C&G) but application declined - please help?

  Hi Please can somebody give me some advice? I went to the mortgage advisor at Lloyds TSB last week to find out if I could get a C&G mortgage at 65% LTV. The loan was for £90,000 on a property value of £140,000 - we are first time buyers. She went through all our details: income, dependents, debts etc, then said she was…

• AIP given by Lloyds (C&G) but application declined - please help?

  Hi Please can somebody give me some advice? I went to the mortgage advisor at Lloyds TSB last week to find out if I could get a C&G mortgage at 65% LTV. The loan was for £90,000 on a property value of £140,000 - we are first time buyers. She went through all our details: income, dependents, debts etc, then said she was…

• A possible way forward

  moved to recession board

• FTB - Which Mortgage?

  Hi all, thanks in advance for any help. FTB and have purchased a property which is due for completion in March - 3 bed new build apartment in Scotland. Purchase price is £114k and I need a mortgage of £85k. Rather predictably the best deals for me appear to be: RBS 2 Year Fixed at 3.49% - Fee of £799 RBS 5 Year Fixed at…

• Porting A Mortgage

  Hi, We currently have a mortgage with the Abbey which is portable. We are currently in the process of selling our home and would like to port our mortgage. Is this a fairly straight forward procedure? We are not looking to borrow any additional money and we should be looking to have a 60% deposit. Would they need to do any…

• Policy

  i wonder if anyone has an idea if i could claim any money back, for my 18th i got an endownment policy and due to the credit crunch and the current climate i lost over 700 which i think is discusting as this is my money that liverpool victoria have took, any help would be much appreciated

• Quick SVR and OVERPAY Mortgage question.

  Can you overpay your mortgage as much as you like once you refer back to the SVR or are there still penalities if you pay over a certain percentage? Thank you very muchly, Bam x

• Mortgage Application Fees...

  Last year (September) our current mortgage deal ran out (Alliance & Leicester). It was a fixed rate tracker and as it didn't rise too much we had decided to take our time and search for a deal that suited us. Britannia came out on top and in October we decided to start the application process. I class my wife and myself as…

• One account / RBS

  Hiya I've still not quite taken the plunge on a five year fixed yet. I phoned the RBS today and was told they have a 4.89% 5 year fixed. However, when i've looked it up on the internet it says it's for NEW remortgage customers only. They're phoning me back tomorrow but I was just wondering do I class as a new customer if…

• Portable Mortgage

  Hi all you experts! Quick question: We think we'll sell our house tomorrow (hurrah!) We know our mortgage (with A&L) is portable. We also have a rental property that's just become empty, so we're considering moving there temporarily (we said 'no chain' on the advert). How long do you think A&L will keep our mortgage open…