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Should we remortgage or not
Hi not posted here before so hope someone can help. We have a 2 year fixed mortgage with alliance and leicester which is not due to end until April 2010. It is for approx 80,000 at 5.79% and the current value of our home is 250,000. My question is would it be a good idea to switch now and pay the 1500 redemption fee and if…
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IF morgage rate cuts
Does anyone know if intelligent Finance will be passing on the latest cut ? Also is intelligent finances SVR at 3% at the moment
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NU Endowment payouts
What happening with these, it seems to have all gone quiet, arent we supposed to have heard by now what the payments are going to be?:confused:
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Getting a mortgage in the current climate, how easy?
Hi, just wondering if anyone has any ideas as to the difficulties people are facing getting mortgages at the moment. I am fortunate in that I have a large deposit to put down which would hopefully be 40-50% of the loan value. My problem is that I did a credit check recently and noticed that I had three late payment strikes…
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is it too late ?
we are fools to ourselver we have still got an endowment ,we are going to put a claim in ,ive read martins article and found it very usefull ,we were with eagle star who sent us a letter in 2000 stating our endowment will have a big shortfall. since then eagle star has been takenover by zurich who sent us a letter last…
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Equity advice
Can anyone help me? we have a 250k home with 80k equity on it. we have had it for a couple of years. how does the current interest rate affect us? are we better off or worse? its with norwich union....
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Abbey fixed rate ending - very confused!!
Our fixed rate mortgage with Abbey is coming to an end soon and I am very confused about what is going to happen next - the original information I have states it will go to the SVR but I cannot see anything about this rate on their website - I am thinking that we are not able to remortgage as I don't think there is enough…
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Standard Life Endowment Maturing 2009 - Massive Shortfall
We have 3 endowment with profit polices maturing this year which were taken out 25 years ago to clear our £30 mortgage. However, it seems the minimum amount paid at maturity leaves a massive shortfall of £8,817! The statement states "The actual amount you'll get at maturity will be the sum assured plus boneses and it may…
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Abbey: move to new deal or wait?
We're on a fixed rate with Abbey til August 09 of 5.69% (I think) We have a mortgage of around £67000. I just opened a letter from Abbey offering us a chance to remortgage with them now, without having to pay an early repayment charge. We have until March 20th to make up our minds. I'm not sure if its better to wait until…
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Nationwide Debit Card Failures
Anyone having problems with Debit Cards not working. I'm now on my 6th card which has just failed again in the last four months. Started in October replaced my old card as it was torn, every card since has worked one or twice then failed. I got £100 out of them so far for disruption but now its starting to annoy me:mad: .…
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Collars on mortgages since latest rate cut (Mar 08)
Hi, I was wondering if anyone knew how the latest BBR cut will affect my mortgage payment. I am on a BBR -0.65% tracker - which means my mortgage rate is now below the base rate at -0.15%. Will my payment now be 0 or even better will they owe me money?? Thanks Ellie
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Interest Only Mortgages....?
Hi there, I am currently enjoying the full benefits of a RBS tracker mortgage. I have had the tracker for coming up to two years and is due to end in July. I will then go on to their current variable rate which will mean I will see quite a big increase in my monthly payments. My loan was for 80k and is on a repayment…
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Norwich Union (AVIVA)
Does the current drop in Aviva's share price spell more trouble for my already troublesome Norwich Union endowments? In particular does it spell the end for the endowment 'promise'?
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Co-op With-Profits Endowment
I have just ben advised that a policy is maturing on 1-April -09. Details are; £4000 sum assured £25.1 per month premium 17 year duration payout £5,830 I have actually paid in £5,120. This is a return of £700. :mad: This seems a very poor to me. In January 08, I was advised the expected maturity value was £6,650, at 4%…
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When to search for new deal
Hi there My current variable rate mortgage deal ends in mid July, and I will be looking for a new deal based on 90% loan required. Does anyone have any advice in terms of the best time to start pinning some deals down? With the quantitative easing announcement, am i right in thinking that holding on for now would be better…
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FTB Mortgage Quote
Hello, I am looking to buy a shared ownership house at 50/50. I need a mortgage for £46,000. I have spoken to a mortage advisor who has found one with Abbey. Its at 25 yrs. The first 3 is fixed at 5.89% and will be around £298.00 a month. Is this a good deal?
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Derbyshire Home Loans LIBOR Rate Calculations
I am unfortunate to have a 3 month LIBOR linked mortgage with Derbyshire home loans...(dont ask). Since coming off their fixed rate mortgage and on to their varaiable rate my mortgage it has been reviewed twice. At the bottom of each letter it states "For these purposes and under the Mortgage conditions the LIBOR rate is a…
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Current mortgage deals for FTB
Hey, I'm currently looking to buy a flat in the North East of Scotland, and am just looking to get some advice on where to get the best mortgage. I'll be starting a graduate job in April, and will be on around 18,000 p/y for the first 3 years. Once training is done this will jump up (all being well). At present I've got…
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freezing mortgage payment due to redundancy?
Hi I have just been made redundant after my company went into administration for 4 weeks.My company got bought by another and i was not needed anymore. My question is can i ask my Mortgage lender to freeze my monthly payments until i'm working again? Thanks
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Should i try and remortgage?
Hi everyone, I'm new to this so if someone has posted something exactly the same then i apologize. i have a fixed rate mortgage until October 2010. My friend said that because the interest rate has dropped to 0.5% i should try and remortgage to get a better deal. Does any one agree? the value on my house has dropped from…
