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Advice please?
Hi, I have roughly £42000 remaining on my mortgage, currently I am on Alliance And Leicester's tracker which is 0.12% below the BAE base rate. My repayments at the minute are £268 per month. This rate ends in May when I will revert to a tracker which is 0.99% above the BAE base rate. I currently have 13 years remaining on…
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Halifax indexed-linked valuation- accurate?
I'm currently looking to remortgage, probably to the Alliance and Leicester, and am a bit concerned about my LTV. My online account page with the Halifax currently tells me the mortgage amount outstanding (~£104,000) and the amount of equity they estimate I could apply for as an additional loan (£66,500). The note next to…
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What choices do i have? im moving up the ladder and on a fixed deal
Hello, im currently on a fixed deal with the Halifax that ends in July and im looking to move up the housing ladder in the next month or so, I need to borrow another 60k. Could I port my current mortgage to the new house and remortgage and pay more money until July when it will go onto the variable and then come down? Or…
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Help remortgaging question Year 2011
Hi I am currently still on a fixed rate interest only mortgage with Birmingham Midshare for another 2 years(5.59%:mad::mad:) My current outstatnding balance is £226,000 When I come to remortgage with another company, do i have to pay a deposit (e.g 10%,15%) on the outstanding mortatge of £226,000. :confused:
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Abbey 3.95% Fixed for 5 Years
This looks great in comparison to the deal I have secured but not signed of 4.69% via broker. However the 3.95% does not include the basic legal fee's of remortgaging where as the other rate does, my question is, are the legal fee's of remortgaging high?…
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Nationwide SVR - is this possible?
http://www.nationwide.co.uk/intermediaries/mortgages/remortgages/remortFlexbenBorrow.htm I have £1 mortgage with Nationwide (which was taken out as a variable rate 'interest only' mortgage in 1987 - so there are 2.5 years of that original term left) Does 'borrow back' apply in these circumstances and (more importantly) is…
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can i try this???
in 2005 i got a mortgage through a broker that was all well and good told me what i basically wanted to hear ect i found a house and had to push the mortgage through as people wanted to move asap so done all my paperwork ect. 4months after being in my house mortgage shot up by £200 pm so read paperwork ect and noticed a…
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Mortgage queries - amount & probation
Dear MSErs I wondered if I could please pick your brains. We are looking to part exchange our house for a new home. Has anyone got a mortgage where one of the salaries is for a job in which someone is on probation? My husband was made redundant and the company was taken over so he is effectively in a 'new job' even though…
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FT due to end but planning a move
Hi could you give me some advice please? Our fixed rate deal with Nationwide (4.88% 3yr fixed capital repayment) is due to end at the end of May. We currently owe around £68K on our mortgage and the house is worth about £155K. I can't decide if we would be better off by taking out another fixed rate deal with Nationwide or…
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Looking for a new Mortgage? Best deals out there?
I currently have a Mortgage with the Northern Rock which the deal is coming to an end. I took it out 7 years ago in June 2002 at a rate of 1.89% fixed for two years. After the two year period it reverted to the standard variable Mortgage rate. I was tied into Northern Rock by a redemption penalty which year on year reduced…
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Quick FTB question
Are there any mortagae providers that are still doing 90% mortgages with a 5% gifted deposit?
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What to do?
I have a Natwest mortgage and have an offset flexible product with them, currently at 3.75%. I do not really make much use of the offset facility at the moment due to have very little spare money. I am tempted by their 5yr fixed now at 4.19% with a £99 fee. Does anyone think this 5yr fixed rate will ever get any better or…
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Late Payment Charges
Dear Forum Members I have just been given a pile of paperwork by my elderly parents to try and sort out as they have a major problem. It would appear my father borrowed £15,183.13 in 1989 secured against the house. As at 2006 he had made payments totalling £60,829.06, but I think due to late payment charges they have added…
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All happening at once. Please advise
Hi, Here is some background. I live in a house currently worth £250k, the outstanding mortgage is £100k it is locked in at 5.25% until May. There is about 10 years left on the term. I have a lot of debt (see signature:eek:) and my husband is being made redundant. He is being Tuped to another company in June then could…
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C&G / LLoydstsb offset mortgage
Hi Does anyone here reading this have an offset mortgage account with C&G / Lloyds. We have had an offset account for 3 years with them and have been trying for the past year to get them to explain how they calculate the figures. Every three months we get a statement this shows our offsetting, mortgage balance and number…
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Should I go onto my bank's standard variable rate?
My mortgage deal ends in June and, at the moment, if I get another fixed term deal, I'd have to pay significant arrangement fees etc in order to get a rate which is *worse* than my bank's standard variable rate. Therefore, I'm thinking of avoiding all the costs of getting a new mortgage deal and just go on to this lower,…
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Interest only or Capitial & Interest
Hi guys and thanks for taking your time to help me. I`m looking to buy a house in the next couple of months with a 20k deposit for a house worth about 100k. Firstly would it be wise to get a fixed rate mortage rather than a discount variable etc as the base rate isnt going to drop any more is it. Secondly People have said…
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Help Needed With Rates & Payments
Not sure where to post this so forgive me if this isn't the right place, I'm apply for help from the bank for a loan for my business, It's for £30k to buy a storage lock-up. I can't get a commercial mortgage as I would need to find 30% deposit so a loan is the only option. The bank will loan my businees the whole amount…
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Chicken or egg?
Having sold our house just over six months ago and now renting, we are now considering purchasing again, but haven't yet found anything we like. I would be grateful for some advice. When I spoke to the mortgage adviser from one of the popular mortgage comparison websites, it was recommended that we should find the house we…
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FTB Needs a 90% LTV Mortgage
I'm looking to put a few offers about this week, circa £100k with a 10% deposit If the house needs a little bit of work I may offer a bit extra and see if they are willing to do a vendor gifted deposit say 2.5% or 5%. Is this still possible? How does one go about this? Could I ask for this in my initial offer (87.5% of…
