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Abbey - Agreed In Principal - Help Needed!!
Hi, Me & my partner have just had a Mortgage agreed in principle with the abbey, Does anybody know if the abbey take the full amount of child tax credit into account when considering a full application or do they deduct the childcare costs from this amount. Any advice would be much appreciated, Many thanks.......
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90% LTV with rates below 4.5% 5 year fixed
http://www.ulsterbank.ie/ni/personal/borrowing/mortgages/fixed-rate/rates.ashx (Northern Ireland only?) Enjoy.
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re-mortgage
This is a question that may make me sound a little sim ple Im afraid.... Our mortgage was fixed with halifax a year ago on a three year fix (I think lol)... We are paying £800 per month on a 114k mortgage which we are managing at the minute when this contract comes up can someone please advise me the following: 1: do we…
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Serious Endowment Problem
I need urgent help on this one please peeps. Endowment policy matured on 13/03/09 05/03/09 received letter from the company to say "We will credit the bank account we have been taking the premiums from." Thats ok thats a safe active account. On 14/03/09 we received a leter from the company (dated 10/03/09) to say "We have…
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Remortage - Worth Offsetting?
Hi guys Wonder if anyone can offer some advice on a possible remortgage. Our fixed rate is due to end mid May. We are currently with Abbey @ 5.19% with 20 years left. Mortgage was originally £150k on a £170k house back in 2004. Upto Jan this year we owed £135k. Not 100% sure what the value is now although there are a…
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More mortgage than I require
We applied for a mortgage recently but have over estimated the amount on purpose in order to finish off our recently renovated kitchen. Can someone please advise me whether we are likely to recieve this extra £500 or will it disappear into a financial ' black hole'?
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Repayment v Interest only + lump sum
We are looking for a mortgage for £192k on a 5yr fixed. I have trying to compare the Post office mortgage at 6.02%: Repayment - £1253 per month Interest only - £974 I hadn't even considered an interest only untill my wife mentioned it. By the end of the 5yr fixed I will have received a £50k guaranteed lump sum which I…
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Where (and if) to sell endowment?
I'm almost sure that the best (or maybe "least bad" would be a better way of putting it) course of action is for me to get rid of my absymal endowment policy. It wasn't mis-sold. I clearly remember the advisor saying that it might not cover the mortgage (and saying that they had to tell me that). The first question…
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Could we be any better off? Options?
Hi, I have tried phoning a couple of places but thought you guys on here could help more, so bear with me- here goes: My partner and I bought our first house in August 2007, with a 100% mortgage. We were and still are able to afford the monthly repayments. However with all the changes since then, and our inexperience of…
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Which rate to take?
On a homemover rate from Halifax at 85% LTV I can either go for 5.89% fixed for 3 years or 5.81% fixed for 5 years, both with a £995 fee, not sure which to go for as if rates are still low in 3 years and am stuck on nearly 6% wouldn't be great, but then it could go the other way. Which would you go for?
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Sell WP Endowment
Hi all Has anyone sold a WP endowment to a third party rather than surrender it? If so can anyone recommend any companies you have had good experiences with or recieved a substantial increase on their surrender value. Many Thanks.
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Advice- Mortgage worries
Hi, Wondered if anyone knows if my wife and I will be in trouble next year, and whether it may be best to try and sell now and see how it goes. We have a mortgage or 150k on a property. We are stuck in a Libor Tracker for another 12 months. Now, although we have no trouble meeting mortgage payments even though our wages…
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Money Judgements
HELP NEEDED!! A Possession Order has just been granted against my property but could somebody please explain what is meant by a 'money judgement' and the difference between the District Judge giving a sum of money at the hearing and it being adjourned generally with liberty to restore?? confused!! thanks
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fsa ltv regs
Just seen the news about the new regulations about limiting the amount you can borrow. I am interested to hear any comments on this.
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loan or Mortgage?
My wife and I currently live in a 3 bedroom house which has been valued at £160k, we are in a lucky position to be both mortgage and debt free. We are proposing to sell our house and buy a four bedroom house for an estimated 200k. This would mean we would be looking at borrowing 40k for a period no longer than 10 years. We…
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Tracking Mortgage using Microsoft Money
I have MS Money 2005 and am wanting to set up my mortgage on it. When entering the initial details it asks for a balloon rate? Does anyone know what this is or step by step instructions on how to do it. I have gone though the following: "How often is interested calculated" Mine is daily but there is no option for this. I…
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Fixed Rate term up...which option to choose!
Hi all, I'm stuck between a couple of options on which mortgage to take... We currently pay £570 on a 5.44% mortgage and we'd like to overpay so we still pay £570. Just can't work out which is the best option. Mortgage - £98,500 3Yr Fixed - 4.49% (£515 month overpaying £54 per month) 4Yr Fixed - 4.99% (£544 month…
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Does taking a Mortgage Holiday extend the term of your mortgage?
Hi :confused: My Mortgage is with LTSB, I fixed it two a bit years ago at 5.79% and the deal expires in Feb 2010.After calling LTSB they confirmed that if I paid the penalty to "ditch my fix" LTSB wont offer me the SVR, instead they offer 4.7% or something basically another fixd deal. Therefore to get the SVR I have to…
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Nationwide - When can you make a mortgage payment?
Possibly a stupid question, but my Nationwide mortgage payment is taken by direct debit at the end of the month (think that I must have been asked when I would like to pay when I took it out). Would moving it to the beginning of the month save any interest (as clearly the space between payments would be the same and…
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Best 10 year fix?
What are the best deals around at the moment for long term fixes? pref 10 years. 75% LTV Cheers all.
