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Best Ten Year Fixed Deal .... Chelsea Bs 4.59%
anyone know of a better rate for 10 year fixed rate...... i am very tempted by this one ......
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Renewal of HSBC Mortgage
Hello We have a mortgage with HSBC on a fixed rate which is coming to an end in June 2009. I spoke to someone in HSBC and they said that although they allow new customers to reserve products up to 6 months in advance, they would only allow existing customer to reserve up to 2 months..... Do you think this is right as when…
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Limit to capital repayments when on SVR?
Am I right in thinking that most lenders impose no limit to the amount of capital repayment you can make when in an interest only/SVR situation? I am considering simply staying on Accord's SVR when I come to the end of my 3 yr fixed rate with them. On the current product a maximum of 10% capital repayment/calendar year is…
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Options to pay off mortgage over short period?
My aim is to be mortgage free as soon as possible. I have no other debts. The value of my property is between £90K to £110K. Currently have a £37K interest only mortgage with A&L, current tie in comes to an end this April. I also pay £64/month to a Pearl endowment. If I surrender or sell the endowment I'll get approx £10K…
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Who will give me a mortgage?
I am after a buy to let mortgage for a house I viewed yesterday. I have a 25% deposit. I am a student and therefore do not have any income at present. But I was under the impression that the level of rent to be charged would be taken into account. The mortgage adviser at Halifax refused me point blank saying I didn't earn…
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Government help with mortgage arrears
The government has revamped their information pages on the help available to those facing problems paying their mortgage. http://campaigns.direct.gov.uk/mortgagehelp/ Hope it helps!
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Should I fix for 2 or 5 years?
Hi, just a bit of background, im buying a newbuild at 90% LTV and found 2 mortgages with Natwest (borrowing 135k over 35 years) 2 Year at 6.39% with £799 arrangement fee following onto 4% which im guessing is 3% above BOE rate. 5 Year at 6.49% with £299 arrangement fee following onto 4% I know the basic pros and cons of…
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help please
sorry this whole mortgage thing has me confuddled...it doesnt help that Abbey so screwed up my bank account i had no choice but to move it..then they still charged me stupid charges for 18 months after...i now have no faith in them whatsoever and would move the mortgage if it was that easy.... i have a mortgage with Abbey…
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Overpay Mortgage or Pay Down Unsecured?
Just looking for some other opinions on the best way to tackle this. Current situation: - Mortgage outstanding £142,000 (Value March 06 £190,000). Currently paying £915/month repayment on fixed rate 5.19% that ends next month (Bristol & West). B/W svr is I think 3.49% potentially saving circa. £200/month if I opt to leave…
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woolwich lifetime tracker - best overpayment
Hi, any advice please! I currently have 2 woolwich lifetime trackers, as of Sep 2008 ; 79k @ +0.19% BBBR & 18k @ +1.17% BBBR The reason for the 2 rates and amounts, is that they were started at different times (79k house, 1yr later = 18k extension). Both running together for a term of 18 years. I want to overpay, but which…
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Arrangement Fees. Can we claim back?
We applied for a mortgage with the Woolwich a few weeks ago. It had an arrangement fee, which they did advise as non refundable, of £995. We were rejected at the first stage, credit check. Can we claim the fee back? I was under the impression that the banking code or such policies stated that charges must reflect the costs…
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Rules for re-paying a mortgage very early
Hi there, some very interesting information on this board so thank you! Assuming you are aware that the ERC is payable if you pay the mortgage back within a certain amount of time, is there generally any time limit as to how early you can repay a mortgage? I ask because my mum is currently looking at mortgages in order to…
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endowments
hi can anyone help with this question. our endowment is due to finish in Aug. and i was wondering when we will be told what its worth. ( i think we will need to re mortgage as it will be short ) the policy is with CIS Ltd. thanks Sally
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Would you use a Financial Adviser???
Right we all know some people say use a Financial/mortgage Adviser, and some people say they do it themselves and that financial advisers are a waste of time. Now i personally like looking for myself, has i have had bad experiances with financial advisors in the past recommending mortgages that were more beneficial to them…
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mortgage transfer redemption penalty
i currently have a mortgage on my flat that runs until the end of November 2009. If we were to move house now, can we move the existing mortgage on the flat to the new house, and obviously increase it, without paying the redemption penalty? If so, will it be at the old rate on the existing mortgage? or can we go on the new…
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Help! Is discount a deposit?
We are looking at buying a new build home. The price is £330k, and we have been told this is non-negotiable. If we are able to exchange within 4 weeks, we will then get a 10% discount. Do you think that as the £330k is a real price, would our bank accept the 10% discount as a deposit for our mortgage? Our bank has said we…
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Overpay on both accounts or just one?!!
Hi everyone We have 2 mortgage accounts and are looking to overpay (only by a hundred pounds each) The rates on the accounts are 4.69% and 5.74%, should we stick with paying 100 onto each account or put the 200 onto the higher rate account?? Thanks in advance :D Gemx
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Continuing monthly payments
Hi all, When applying for a new mortgage and being asked for your 'continuing monthly payments' should this include utility bills and current rent payments etc? Paul
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Help Please
Hello. I hope someone can help me. Me and my girlfriend are looking to hopfully get a mortgage this year. The problem is I was in an IVA until the begining of this year because I had to stop paying the IVA about a year ago as I had to move out of my parents house and start renting.The IVA was terminated and was told my…
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Best website to compare mortgages
If anyone has any recommendations I would be grateful. I am not sure whether to go for fixed or offset, but we would want to do large overpayments (of about £500) each month or lump sums per year - do most mortgages allow this or is it restricted. Also is it best to fix mortgage for as long as possible? Am new to all this,…
