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Tracker mortgage rate cut pass on confusion
[FONT="]Hi there, I wonder if anyone can shed some light on the massive interest rate cuts of late and the relative reduction in mortgage payments? I'm with Abbey and took out a tracker last June which tracks 0.59% above the base rate. There is no cap so I've seen my rate go from 5.59% to 1.09%. I'm obviously very…
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Commercial/Business remortgage
Hi, I need some advice. My boyfriend needs to remortgage his business property, so he can remove the previous business partner (this has all been agreed legally) His previous Mortgage was for £80,000 a couple of years ago (I am not sure how much is left). A similar property sold for £100k recently. He doesnt want a 20yr…
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transfer of names
Hi i am after a bit of advice. My husband and i split up 6 months ago. For the past 4 months i have been paying the mortgage on my own which i can afford to do. However i know our mortgage company will not allow me to take his name of the mortgage as my income is quite low. My ex is happy for me and our two children to…
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Mortgage refused by Nationwide
Hello everyone, I thought I would post a notice on here in case anyone can offer some advice or throw some light on our situation.. We are a young couple looking to move in to our second home. We needed to borrow an extra £20K from Nationwide, which they said they could do in principle (in fact they said they could offer…
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EU NATIONAL. Not allowed on mortgage!
Hello everyone, please help. My partner who has a joint mortgage with his Ex is trying to replace her name on the mortgage with mine. However, after speaking to one of the banks mortgage advisors he was told that I would not be able to take her place due to the fact that I was Slovakian. I am an EU National, I have been a…
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Is there a mortgage product to suit our complicated ambitions?
My boyfriend and I want to sell our individual homes and buy one together. I'm hoping for a bit of advice as we don't consider our situation to be mainstream. Here goes... I have an interest-only tracker mortgage (tracks at .75% above BoE) with 19 years to run. No redemption penalties and is portable. My boyfriend has a…
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Mortgage turned down - any advice?
Hi All! Applied for a mortgage with TBS, just to see what sort of amount I could borrow, and at what cost. Thought I was in a fairly good position - no credit card debt, no personal loan debt, a deposit saved, and both myself and my partner have fairly safe jobs (I'm a teacher, partner works for Sky). Found out earlier…
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Bristol & West SVR
Bristol & West have just confirmed to me that their SVR will drop to 2.99% as of 1st April. Can't wait to get on to it in August...hope it stays low till then.
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Realistically - how much can i borrow (first timer)
Hi, Details: 24 Single 20k a year salary 35k in savings. ZERO commitments - not even a phone contract. Pretty much all of what i earn gets saved other than supporting a car and eating etc but i live at home so that's mainly catered for. I'd like to think i could buy a house on my own at some point in the next year or so.…
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anyone think we will get mortgage
hi we are looking at buying a house first time buyers. we have seen on that is up for £84950 and we are looking at offering the most 79000. my partner is on 24k a year and i dont have any income. we will have 10% deposit but my partner is on a dmp where he pays £220 a month. th mortgage will be cheaper than the rent we pay…
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Housing Market Correction or Recession
Hi All, I'm doing some research at a University in the UK and would like you to complete the survey below. Please could you just copy the address in to the address bar and I would be most grateful for your honest responses. Many Thanks http://www.surveymonkey.com/s.aspx?s...HGVDd0QA_3d_3d
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Nationwide Screwing Fixed Rate - Banned ditch the fix to make profit
OMG I was stunned today when I contacted Nationwide to discuss ditching my fixed rate mortgate(s). I had spoken to them a couple of months ago and they said the cost of ditching was about £1k. Being busy/lazy I've only just got around to making an appointment to ditch them , only to be told that Nationwide changed the…
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Remortgage Advice Needed Please??
I bought my house in September 2007 for 90k, I put down a £18k deposit. At the time I was earning 20k per annum, I'm now only earning just under 16k as have had to take a part time job. My worry is that when I look to remortgage in September I will in effect be asking to borrow around 90% of the house value which is now…
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Remortgage Advice Needed Please??
I bought my house in September 2007 for 90k, I put down a £18k deposit. At the time I was earning 20k per annum, I'm now only earning just under 16k as have had to take a part time job. My worry is that when I look to remortgage in September I will in effect be asking to borrow around 90% of the house value which is now…
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Yet another split..... my options?
Have a feeling this may be a bit of a legal battle but hey ho I'll ask anyway..... Split up with my boyfriend over 3 years ago, he moved out and has had nothing to do with the house ever since. He's agreed the house can be transferred into my sole name along with the debts and all the legal documents have been drawn up. My…
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Mortgage Calculator - Excel - HELP?
Hi everybody, I was wondering if anybody could help me? Basically i'm putting together an excel sheet showing all my costs etc.. to give me an idea of what i'll be paying out when I get a house. I'd like to incorporate a mortgage calculator in this sheet to work out the differences depending on what mortgage I take out,…
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Negotiaiting Mortgage Settlement Figure?
Hi :-) I heard Martin talking about this on GMTV a couple of weeks back but he didn't go into it properly, and it was extremely interesting based on my situation, so I'm trying to get clarification on what he said & I can't find it anywhere. I emailed it into Radio1 this morning but it didn't get read out, surprise…
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Quick question
Long and complicated situation which I wont bore you with.... but my question is basically this: Do/how do a mortgage company know if you have paid off the mortgage of the house you are selling (with a different mortgage company obviously) before completing on the one you are buying with them? Does that question even make…
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product fees vs interest rates
hello - i'm wondering if someone can help unravel a question for me. i'm looking to sort out a remortgage and i can't get my head around whether it's worth going for an expensive product fee to get a cheaper interest rate. eg: on a mortgage of £180k should i pay £1499 to get an interest rate of 2.89% - or would i be better…
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repaying morgtage
In Jan of this year i took £7000 off a £12000 mortgage but to date the company cannot give me my new repayment figure, can anyone help me as to who i can turn to to put pressure on this lender?
