Mortgages & endowments

Discussion List

• Another surrender advice question!

  Hi. After being scared with some of the recent developments with regard to terminal bonus's being slashed etc, I was advised by one of the more regular contributors to post some details of my endowments, so here goes. Four policies, the first three with Scottish Life and the fourth with NU. This element of mortgage…

• deed of consent

  When my partner and I brought a house 10 years ago I signed a deed of consent as all the money for the mortgage was his. We are getting married soon after bringing up my children together . I have paid bill that are in my name and brough furnishings for the house . My name is not on the deeds. Can we revoke the deed in any…

• Deed of Trust help!

  Hi, first of all i'm not sure if this is in the right place or not so feel free to move to the right place! I moved into my OH's house a year and a half ago, my OH wants to show a bit more commitment to me but wants to protect his house - obviously. So we've decided to look at getting a 'deed of trust' where if we ever…

• Lenders variable rate

  I have a buy to let mortgage as long as I have had it I have always had fixed rates. With rates being so low at present I am thinking of going onto a lenders variable rate (not with my current lender). When going onto someones variable rate does Loan to Value (LTV) still apply? In other words can I just switch when my…

• Fixed rate ending in Aug

  Hello all. My partners and I fixed rate runs out in Aug which is currently at 5.68. Just enquiring as to what options we have. We took it out 2 years ago at £161,000 over 35 years which was also a 100% morgtage. Any help would be appreciated.

• Can this be right??

  This is a strange one..........On Saturday at a branch of Alliance and Leicester I was informed by a customer advisor that since becoming part of Santander they are actively chasing mortgage customers and asked if I would consider changing mortgage provider. I am halfway through a 5yr fixed rate (5.89%) with Standard Life…

• Mortgage Change? Would i get charged?

  I have currently a Fixed Rate mortgage with the Alliance and Leicester at 5.34% which i took out in April 2006 and is due to run until 2011, what sort of charges would i expect to pay if i changed my mortgage now? Could i get a Tracker at a better rate or would i get penalised? Many Thanks

• fees for not taking insurance with lender

  Hello I have just received a letter from N& Peterborough saying that they are reviewing mortgages and because I am not using them for my house insurance, I have to get them named on my policy and send them copies and I will be charged £25 for the privilege by them. I am not sure what my Insurance company will charge me…

• Taking an ex of a mortgage

  Hi there, my friend wants to take his ex of their mortgage, they have both agreed the financial side of things between themselves and we're all set to go ahead so he called his lender (Abbey). They told him this would not be a problem and that he could still keep the same mortage product and same rate but he would need to…

• looking for some advice.....please!

  hi this is my first time posting on this forum but have found some very useful info on here so was wondering if anyone could help with some advice... myself and hubby have been approved for a 90% mortgage from our current lender which we were quite surprised at :j (got an offer on our own flat)and we have seen a 2 bed semi…

• Nationwide Fixed or Variable?

  Hi I currently have a £125k mortgage fixed at 4.79% for 5 years (ending Feb 2011) and have just enquired with the nationwide about borrowing a further £15k to pay for medical expenses thatthe NHS kindly won't cover. They approved the application and asked if I wished fixed rate of 4.98% for 5 years or variable of 4.19%.…

• Agreement in Principle

  How easy is it to get one of these? Are any credit checks carried out? How long are they usually valid for?

• Offset Mortgage and Inheritance

  Hi all I hope this hasn't been asked before, but I couldn't find the answer when I searched for it. I currently have a First Direct Offset mortgage fixed at 5.95% for three years. With this product you can overpay as much as you like, and also borrow back the capital you have already paid off. I can use my linked First…

• Getting a mortgage while possibly being made redundant.

  Hi guys in 2 weeks time i will find out if im being made redundant. But I have just had an offer accepted on a house. The house is a 4 bed detatched brand new home with garage built by bryant homes. Last year this house was listed for £193,000 i have managed to get an offer of £125,000 accepted on the property. They are…

• LVT Help needed

  I am trying to remortgage to free up equity for an extension to my house. My question is: are there any lenders that would calculate my LVT on the extimated cost of my house AFTER the extension (providing lender with quotes and proof of work) or is there no way round this, and I have to calculate my LVT based on the…

• Mortgage advice

  If my hubby was to get a mortgage would it be possible at this present time with a settled default on his file but no other credit? He earns 18,000 so how much could he borrow and what deposit would he need? Thankyou.

• Options on settling a mortgage

  Hi I would like to find out the options to the following scenario. Persons A and B buy a place together and put £30,000 deposit down each against a £180,000 property leaving a mortgage of £120,000. They then each contribute an additional £15,000 between them over the next 2 years so have therefore each contributed a total…

• Think I've made a mortgage application and didnt mean to

  How do I find out if I have done this I was online messing about with mortgage calculators and the likes, as I've been considering buying property this year. I was on my bank's website and had a personal illustration but didnt realise I had applied for the mortgage, I thought I was just saving it I'm afraid of it being…

• Northern Rock Fixed Rate Coming to an End

  Hey Folks, I've been reading the forums on the subject of my Northern Rock fixed rate coming to an end all night it seems, but I'm now totally baffled! I received a letter telling me that NR are unable to offer me a new mortgage deal at this time, just like their website here....…

• Problem with proof of earning..... have more than 25% deposit - which way is best?

  My partner and I are trying to move house - we have over 25% desposit - (House is 218k deposit is 62k) - He is an employed company director - and has been trading for just under 2 years and i have only recently started a new job due to the company going under where i used to work. We earn about 55k between us. The house we…