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FTB - Mortgage advice needed / Good deals?
Hi, I've got a question on mortgages and current deals. I require a 55k mortgage on a property valued at a £100k, Lloyds TSB have offered me a 5yr fixed deal at 4.39% and a 3yr fixed (can't remember exact rate at present) but I think I can do better than that. I'm relatively new to this so was wondering if anyone could…
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Should I Ditch my Fix
Hi I have a Mortgage with the Alliance & Leicester and was wondering if it would be worthwhile switching to their 3.95% 5 yr fixed rate.
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Mortgage admin Fees - Can you claim them back??
Just over 2 years ago i was with a&l...after taking out my mortgage i was charged £1,022 fee on top of my mortgage...i've recently few months back renewed my mortgage again with them and paid on top another £600...can i claim these back?? After reading through the website i could only find claiming back fees when u exit a…
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Two names on mortgage one on title deeds?
Help! The person who I am in a mortgage with does not live on the property. They now owe considerable money. They are willing and in fact want to get their name off the title deeds so it does not affect me. Will a mortgage lender allow this? I currently owe 75% of the property?
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Expected it to be bad but not that bad
Barclays managed units endowment. Sum assured £18000 at 81.96 per month due to mature in September 09. 3 Years ago Amber letter 2 years ago Green letter last june red letter warning of £680 shortfall. Rang today asking for updated figure and had resigned myself to shortfall of about £3k. Rather taken aback to have current…
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Reasons for further advance
Does anyone know if certain reasons for obtaining a further advance on mortgage ( halifax) are looked on more favourably ie consolidation of loans, home improvements or new car ? thanks
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Mortgage novice , please help . Where do I go first?
I hope this is not too a stupid question but I am really unsure how I go about this. My situation is as follows Bought a flat 20 odd years ago, paid it off a few years ago so have been mortgage free. My partner is self employed for just over a year since he was made redundant. His first year turnover and profits are really…
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Help! Ingnoramus needs mortgage advice please!
Hi there, I wonder if anyone could offer me some advice... My partner and I currently own 2 houses both mortgaged. His is worth approx £105k and he has a £40k mortgage, mine is approx £80k with a £50k mortgage. Neither are yet on the market though the intention is to sell both and buy together. We have just unexpectedly…
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Endowment - selling advice
Hello I am wanting to complain about my endowment, as although I have received green letters to say that it should meet the projected amount I am still not happy that i was advised correctly. I don't really want to continue paying into the endowment - am I able to sell or surrender the endowment and complain or do I need…
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Change or keep current deal
Hi all, I have been lurking on the boards for a while and just got up the nerve to come on and ask a question. We are currently ending our first year of a 3yr fix with A&L at 6.24%. Owe £69,000 (house approximately £140K - £145K) and have 13.5 years left to run. I have contacted A&L and have the offer to change to the 5yr…
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advice needed on 2nd mortgage
My husband and I are seperating and I am in a real quandry about our living arrangements. We borrowed 105% to buy our house 5 years ago and remortgaged 2 years ago. I would think we are currently in negative equity or close. We couldn't cover our mortgage by letting so it makes sense for one of us to stay put. In this case…
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Staircasing to Buy 100% SO Property
Hi all, Just beginning my research on buying the other 50% of my SO property, I have no idea how this works in terms of my mortgage. Will I require a deposit of some kind? Can I simply increase the mortgage I have with my current lender? Is this a good time to do this in the current climate? Any advice appreciated, my…
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First Direct mortgage / valuation (Scottish market)
Can anyone advise what the best and fastest way to purchase with FD. We have the agreement in principal and have seen a property, my solicitors wants to put in an offer subject to survey and get things rolling as the sellers might be keen to move sooner rather than later. There is no Home report / valuation available as…
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Interest only Mortgage
I am about to purchase at £205,000.00 and putting down 25% I have been toying with the idea of getting an Interest only Mortgage but not sure. Can anyone suggest what they think is the best options out there.
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Mortgage payment holidays
Hi everyone I am currently in a fixed rate mortgage with yorkshire bank which is fixed until june 2010. I have a personal loan which has 7000 remaining on it and another 3 years to run. Having recently split fron my husband I am finding paying this loan difficult. If yorkshire bank would allow a payment holiday I could…
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endowment query
please can anyone help with query re s.l endowment. i am currently in line to get circa 12k in 2011 when endowment is due up. this is well down on predicted 19k for paying off my mortgage. fortunately i am lucky enough to have paid my mortgage off. will the money i am due to recieve be taxed as it is now not going to…
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Abbey customer - fixed rate ends soon - advice required please
Hi, I have got a joint mortgage with Abbey, coming to an end in July. Phoned them (25 mins wait) and was offered various rates. We owe about 114000 on mortgage with a LTV of approx 60%. Would you advise waiting to see what is going to happen with interest rates or would you jump in now. Also what do you think about tying…
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Click n Go Mortgages
Has anyone ever heard of this company? My daughter has just had a quote from them and I am very worried about whether she is doing the right thing. Does anyone know which financial institution they belong to? here's the link http://www.clickngomortgages.co.uk/ Thanks for any help in advance AMD
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How Long Does a Mortgage Offer Last?
My current deal (5.49% Fixed) with Nationwide ends in June. Having just looked at their website, I would 'roll-over' to their Base Rate which tracks BoE +2% therefore resulting in a much cheaper mortgage than my current deal. I think that's what I'll do as it'll save me £317 per month. Obviously, the BoE rate could go up.…
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Is this possible??? Advice needed.
Hi, Me and my partner would like to rent our current 2 bedroom property out and then rent a bigger house for us to live in. Our current mortgage is a 2 year fixed with Nationwide, does anyone know if they would be willing to let us do this?? Would we need to change to a 'buy to let' mortgage? Any advice/feedback would be…
