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Initial mis-sell letter, maybe destroyed by Finance co.
Hi, I recently sent the initial letter claiming being mis-sold to the financial company who dealt with our endowment approx. 8-9 years ago. It wasn't until recently that the former CGU fund (now part of NU) started looking like short fall territory... so thought it prudent to take action. Well I posted my letter to the…
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To all northern rock customers
Hi Has anybody been offered a new deal yet? cheers
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Foreign Property Mortgage
Bought a house under construction in the UAE - paid 40% already but need a mortgage for the balance - any suggestions of best way to raise a mortgage in this climate?
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Pre 1988 loser!
Hi everybody. I am new to this website and to save me trawling through 3 years of discussion, if I summarise briefly my situation could somebody please let me know if anything has changed from the way I understood my dilemma 3 years sgo? I took out an endowment in October 1987 sold to me by an IFA. This promised to pay…
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Mortgage Advice
I finished a fixed rate last year and went on to the SVR with Chelsea (because it was the only thing they didn't charge a fee to do) However, my SVR is currently 5.79% but they are now offering to put me on a new 5 year fixed rate of 4.69% with no charges. It would reduce my monthly payment by £75 immediately. What do you…
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Mortage -Advice required please
:confused: I have £20,000 in savings under the current climate would this be better in an account earning interest or in an offset account offsetting my mortgage.
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Mortgage Advice Run out of ideas!
AS you can see I have posted a few threads asking questions about the same things, but i have run out of ideas now and need advice on what my next step is, here are the details: Bought a house May 2006, in October 2007 I split up with my partner. After speaking to a mortgage advisor he said it was not wise to try and get…
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Question about Early Repayment Charges
I've looking at remortgaging and notice that there are different ERC types. If the ERCs state: to 31/3/14: 5/4/3/2/1% Sum Repaid Does this mean that (let's say for arguments sake the mortgage is £50k) that in year one you will pay 5% of the sum you've paid since remortgaging if you need to be released from the mortgage?…
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offset mortgage
On an offsett mortgage does the same nett value apply if you over pay on the payment or pay the extra money into the offsett account. or is there no difference in nett value which way you do this.
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Northern Rock Borrowback (T&C Changes)
Warning: Northern Rock have changed their borrowback procedure. It's no longer a case of phone up and request if your standard method of payment is by anything other than Direct Debit. If you want to borrowback funds, this needs to be requested in writing, with both parties signatures if a joint mortgage. They will then…
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quick question: pay off more now or wait
Hello, i know this is a busy forum so will keep it quick. I have some extra funds to pay off £200 a month off of my mortage every month. I'm currently stuck at 5.34% until July. Shall I start paying it off now or pay more off in July (i.e. the usual amount I pay now plus £200) when I go down to the SVR? is there any…
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HSBC not passing the 0.5% rate cut to SVR!!!
To my frustration and disappointment (although expected), HSBC failed to pass on the latest 0.5% BOE rate to their SVR Mortgage customer!!! Being a Premiere customer myself, I am really !!!!ed off with their arrogant and ways to squeeze more money out of their so called “valued customers”. Aren’t the government suppose to…
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Mortgage Advice Please
A few years ago I moved in with my girlfriend. She had just bought a semi-detached for about £41,000. Today I reckon it's worth about £105,000 or a bit more. It's her house and she pays the mortgage and I help with the bills. The mortgage is fixed at 5.4% and is about £360 per month, with about 17 years left on it. We are…
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Switching fixed rates with same provider
Say you were fixed into a 6% fix and your mortgage provider has a new 3% fix, do you think you could swap without being charged an ERC? i.e. just pay the associated fees?
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Massive Help Needed
As i have reported on other threads, i have been subject to massive identity fraud :confused: Someone has taken out cards and loans in my name to the tune of about 18k :mad: I am in the process of trying to get these removed but it is taking so much time as you can imagine. In the mean time, i want to purchase a new house,…
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Endowment Shortfall - building society employee
Hi, as with many others I have a shortfall on 2 policies I took out in the 1980's. I followed the advice to claim mis-selling. At the time I took out the mortgage I was employed by a major building society. Any staff member who took out a policy was given enhanced benefits ie commission offset the premium so the policy was…
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Will PGCE Training Bursary Count As A Mortgage Income?
I am looking at applying for a PGCE Secondary Maths course with a Maths Enhancement course starting in January 2010. To do the whole 18 months, I will be paid a bursary of between £12000-£16000. Will banks accept this as income towards a mortgage application when combined with my husband-to-be's salary? Or will we just…
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To fix or not to fix
Hi I currently have a MOREgage with the Coventry Building Society. My fixed fate of 5.8% ends nowish. I phoned them and they told me that I could stay on the standard variable of 4.74% or I could fix my mortgage at 4.99% for 6 years but my loan (£25000) would stay on standard variable. Also if I switch my mortgage my loan…
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FTB Post Office App Help
Hi All, First time poster here and first time buyer!! I just applied online for the Post Office 3 year fixed rate 90 % LTV mortgage. I submitted the Application in Principle (AiP) section of the application and got a response in minutes saying "We are unable to proceed with your application, as the case falls outside our…
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Advice needed, sell & buy or sell & back to parents
Me and my OH bought our flat in Scotland in 2007 for £71500. We have a fixed rate a 5.79% which ends at the end of the year. We currently have approx £65000 of our mortgage left plus approx £3000 loan which was part of the MOREgage packgage with Coventry Building Society. Basically our package was 95% ltv and 5% is the…
