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Joint Mortgage After Separation
Can someone give me some advice please. I have a joint mortgage with my now separated husband. The mortgage is 2 years old in May. For the last year I have been struggling to pay the mortgage & its arrears since my husband left. There is a suspended re-possession order in place for the arrears. My question is, I can't…
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First time buyers - advice please :o)
Hi :hello: I live with my boyfriend in rented accomodation. He is a student and I recently graduated. At the moment, we live where he studies and I commute to work. On 1st MAy, I start a new job for two years on £16.5k. We were goingto rent somewhere closer to my work when boyfriend graduates this summer. However, we have…
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Is Longer better than shorter now?
Hello All. I was wondering if any one thought that fixing for a long term is better than say a 2 yr fixed at the moment. I am currently on RBS SVR (4.0%) but they have offered me a 5yr fixed at 4.19% and a 10yr fixed at 4.89 both with a £99 arrangement fee, I am worried that if I fix on a 2 year deal when I come to renewal…
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Buy to let mortgages for expatriates
Any of my broker friends on here ( or anyone else ) got any ideas on this one ? British lady living and working in Spain on about £10k equivalent. Has house in UK worth £200k and wants to raise a buy to let mortgage on it. Rental coverage calculations no problem, but the stumbling block is that all the lenders I have tried…
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FTB 85% LTV Payslips and Bank Statements? Which Companies to use?
What companies are just accepting payslips for the application? I am a first time buyer with a 15% deposit, my broker has advised using Abbey as they are just requiring payslips and give a free valuation. I am looking for a 2yr fixed with either interest only or repayment, haven't decided yet.. They aren't the cheapest but…
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endowment bonuses very poor, advice please
Hi sorry I this has been covered before in some variation but I cannot seem to find the answer for me. I took out an endowment mortgage back in 1986 and the mortgage is long gone as I moved but kept the endowment going as an investment. I believe it is a with profits policy. I have a new repayment mortgage for about £70000…
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Endowment & tax query.
Hello everyone, Just wondering, if I sell my Endowment policy, do I have to pay tax on the proceeds I recieve? Many thanks;)
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Trapped by MortgageExpress
I took out a mortgage via mortgage express 4 years ago on 4 houses which had been registered as one house and a business. The idea was to split them back in to 4 houses and sell each one off. Mortgage express were fine with this but if I wanted to sell any in the first 3 years I had to pay a fee. So I worked on the houses…
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Mortgage Adviser-Problem, Please Help!!!
Hi I am new to these forum. I have a worrying problem and was wondering if anyone at all could help. I have just been made redundant from my mortgage company. I was there for 2 years as a mortgage broker. I am looking for new roles and have seen some in a building society and esate agent. Unfortunatley I have one major…
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Mortgage interest - leap years
My mortgage company has charged an extra days interest for 2008 as it was a leap year. However, they have based the daily calculation on 1/365th of the annual interest rate, effectively charging 366/365ths for 2008. I believe this calculation is wrong as for the annual rate to remain the same in a leap year (which they…
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Property Adjustment Order
Does anyone know the answer to this question? :confused: My soon-to-be ex husband has a mortgage in his sole name on our former marital home. I have our three kids living with me (at my parents' house) and have just been to court, where we were told that the FMH should be transferred into my sole name. I am to be awarded a…
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Help- Bristol and West are driving me potty!!
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Help- Bristol and West are driving me potty!!
Hi, This is my first posting- so please be gentle with me!!:A I recently contacted my current lender Bristol and West as i am currently in the process of letting out the property i live in and am buying a house to move into. To cut a very long story short they agreed to lend and gave me a AIP-however when the application…
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new mortgage deal advice
Hello everyone My first post here but probably one of many! Our current mortgage deal is due to expire in a couple of months (currently 4.49% fixed) we have a meeting soon with our current provider and there are 3/5yr deals of around the same % on offer. We got our house 3yrs ago for 190k full repayment. We have approx…
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Phoning abbey about re-mortgaging
Hello, Can someone please help..I am currently on hold to the abbey to speak about remortgaging and have been on hold now for 1 hour 10 mins!! I tried on monday and gave up after 50mins.. I really need to speak to them but just dont seem to be able to, is there any quick ways of getting through or am i just out of luck?…
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A&L Mortgage declined - can anyone help?
Sorry in advance for this long post: I applied to A&L over the phone on Monday for their 3.99% fixed rate mortgage. They said they could lend me £83k with my o/s credit card balance of £1960. I said that I could pay off my credit card with savings (I haven't already done this as the credit card is currently 0%). They said…
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Abbey early re-mortgage deal
Quick we need some advise before the 20th March: Currently our mortgage is with Abbey and the fixed rate ends in July/August, we pay £390 per month, there is a £700 repayment charge. We have received a letter stating we can change to one of their new mortgages now and not incur any charges, we have phoned to enquire and…
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Can someone give me advice on legal fee's please?
I went to a broker secured a 5 year fixed rate 4.69% with Abbey on a mortgage of 92500 (50%ltv) inclusive of legal fee's but had arrangement fee of £995. Few days ago seen new deal on their website, 3.95% 5 year fixed rate but not inclusive of legal fee's. Now n the latter id be saving £40 per month but dont want to pay…
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Mortgage help for my son needed..please
Hi, my son has seen a house that he is considering to buy. It has some structural damage to the front which is a few bricks that have moved..looks a bit like a car has crashed into the front..but too high for that. I know he would need a structural survey. The estate agent has said that because of this he would only be…
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ridiculous situation
Hi, Im in a silly situation, My house has been valued yesterday at 220,000 and I have a mortgage of 135,000, I have debts in total of 31,000 which if I could remortgage I could clear my debts, unfortunately I put my head in the sand and so I now dont have a good credit rating and I would have to self cert..I take it Im…
