Mortgages & endowments

Discussion List

• If we change to an interest only mortgage....

  what would the charges be? Hi all, Our mortgage is with the Nationwide and we remortgaged for a better deal before Christmas 2007 and are paying a hefty 5.45% interest.... this is costing us £765 a month which in this current climate is a lot with just my husband working. Hope you can help with my question or offer some…

• Leave Fixed Rate Early, Switch to Offset Account - FD appears best option?

  I am just getting my head around offset mortgages, and considering bailing out of a five year fix, one year in (:o - in my defence, around this time last year all the predictions were mortgage rates would continue to rise, as indeed they were, so fixed for 5 years - so much for expert advice at the time, though I…

• can we get the mortgage!

  Hi Everyone First time posting here, Looking for a little help/Reassurance. My fiance and myself are looking to purchase our first property valued at 150k, And have a 10% deposit. I earny 14k myself and my better half earns 20k, We have done a rough check of what we can borrow and thats 135k which is exacty what we need.…

• FTB Mortgage - HELP Needed!!!

  Hi, Me and my boyfriend have been thinking about buying our first house for over a year and have now reached our 10% deposit target. We have found a house we'd love which costs £119k and we have £12.5k saved at present, but can probably get a bit more saved over the next couple of months. However, we are unsure whether we…

• Bristol and West - no new customers!

  Hi All, I've just loooked at the Bristol and West website (to find the customer services number) and their front page says they are not currently offering any mortgages to new customers. I'm imagining this is not a good sign for them....or me? I'm just about to take a 10% paycut at work (joy!), and money will be already be…

• Trainee Mortgage Advisor

  Hi all, Am in the process of changing career hopefully into finance. Whilst applying for jobs I applied for trainee mortgage advisor through an agency and was contacted by them saying they've sent my CV out to their clients and one is interested in me but I need to do cemap 1. The agencies training wing do the course…

• Advice on endowments

  Hello all First post anywhere so please be kind :) In the last eighteen months we've managed to clear all our credit cards and start to overpay our mortgage. It's not been easy, Christmas was the turning point we only put £58 on credit card - an overseas present that wasn't available here. Now it's time to turn our…

• will I have to inform & change my mortgage , I want to rent out my home .

  my partner and I have lived in our 3 bed semi since jan 1999 we have unfortunately have the same amount of debt as we owe on our mortage and are currently on a debt managment plan a free one. If we sell our home we cannot raise enough capital to pay off our debts because of the current situation. So we were going to try an…

• Mortgage Advise Needed Please

  Our fixed rate period ends on feb 28th and my wife and I are not sure what to do. Our house is worth £180k and we owe £147k in total split into 2 parts, £117k is at 5.59% with the other £30k on a tracker at BOE base rate + 1.34% The £30k is ok as it is but the £117k deal is about to end which would put it at 4.84%, Bank Of…

• Any ideas? Norhthern Rock repayments

  Hi I currently have a northern rock 5 year fixed rate mortgage which I took out in Feb 2006, and it is over 35 years. My mortgage is approx 103,000, this includes a northern rock loan. I am looking aat ways of reducing my monthly payments. Does anyone have any ideas as to how I could do this?:eek:

• Spanish mortgage

  We have a Spanish mortgage which has increased from 4.5% to 6.97% over the last two years. We have asked Banesto Bank why this has happened and they just say it is set at 0.5% above the IRPH, which I have been trying to look up on the internet to no avail. We are now paying about £400 pounds more on our Spanish mortgage…

• Which lenders are fast/slow?

  Hi, We have had our offer on a house accepted. We have got a good deal, so we want to legally commit the sellers as soon as possible. We are confident that there will be no 'issues'; We got an agreement in principle from Halifax for more than we need, and they said we had excellent credit history and they would not need to…

• BofE Base Rate: 5th February 2009

  What will they do with the base rate on Thursday? Simple choice - cut, hold or raise. Does anybody care anymore? Go to the polls GG

• Seeking Advise on Remortgage

  My wife and I are both 49 and currently have a joint Buy to Let fixed rate mortgage with Mortgage Express and they are offering not to apply the early redemtion fee if we move our mortgage Current Mortgage rate is 6.99% and is fixed to March 2011. We would revert to ME's "Buy to Let product Variable Rate" on completion of…

• Self build mortgage, best thing to do?

  We're looking to do a self build and I'm just thinking ahead about finance to if/when we find a plot that is suitable to build on. We currently have a house that would be worth between £220K - £240K and the mortgage is paid off on it. Would we be able to raise this sort of money against our house to put into the new build?…