-
How long after making a offer will I need my deposit?
I am looking to make an offer on a house this summer, but my deposit is currently in a bond and will not be released until 20th July. As my rental agreement runs out at the end of August, I would ideally like to try to complete before this date. I realise that there are huge uncertainties about timescales when it comes to…
-
Halifax chasing for interest on mortgage
Hi wonder if anyone can enlighten me re jigged mortgage back in Feg got paper work through saying they would be calling for d/d on 1/3/09 for xxx amount and subsequent payments would be xxx amount Just had phone call from Halifax call centre saying that there is an amount of £99.37 in interest outstanding. Have asked them…
-
Mortgage Draw-Down facility
I have the above facility on my mortgage which is a tracker 1% above br for lifetime with no collar. i have the option to draw down an extra £87,000. should i be using this money to make some more while the rates are so low? like buying a property to rent out or something else, any ideas? thanks molly
-
Is an 'agreement in principle' likely to be honoured?
I have obtained mortgages in principle from three different banks but I will not be in a position to put an offer in on a house until July (when my deposit is released from a bond). The mortgage I need is at the upper end of the salary multiple range, so I am concerned that once I have made an offer, the banks' policies…
-
5.19% 5 yr fixed - good deal?
I currently have 1yr 5 months left to run on a 3 yr fixed term at 5.99% as i've posted elsewhere I've been offered by my building society - the Britannia to transfer this to a new 5 yr fixed deal at 5.19% or 10 years for 5.09% and they will waiver any early repayment charges on my existing mortgage and no arrnagement fees…
-
2nd Mortgage ???
Hi, I need to remortgage but Northern Rock have me tied in for another 21/2 years else I gotta give them £3.5k back. So I considered raising the additional cash I need by taking out a 2nd mortgage. Apart from that my current rate with them is 0.29% above base rate so I'm currently not paying a lot of interest. It's mainly…
-
girlfriend and her mum - joint mortgage?
My GF's mum has a house with no mortgage. She has offered to lend us some money if she can re-mortgage it. She is not working at the moment but has income of 10k pa from her husbands (dec'd) pension. the question is, will my Gf and her mum be able to take out a joint morgage to increase the amount that can be borrowed even…
-
Mortgage Numptee needs advice
Hi all, Completely clueless seeks some help...................... my mortgage co has offered today to fix my mortgage for the term (21 years) at 4.96% - should I bite their hand-off?? I am currently paying 1.75% on a tracker so this would mean more than doubling payments but is the general feeling that this would balance…
-
ge money
just been told by financal omsbusman that they dont cover second charge mortgage companies like ge money , had al lot of charges added to account plus intrest is their any thing i can do ?
-
First Mortgage
I am currently looking for a mortgage and am worried that I will be declined as I have just had a look at my Credit File and I have Seven Months worth of defaults - That was subsequently cleared by unfair bank charges being refunded back to me 1 x CCJ - Three and a half years old for £320 - I have no idea what this is and…
-
cant get motgage due to one default
I recently reserved a shared ownership apartment with circle anglia. They checked all my details, wages etc and they are perfectly fine for me to proceed with buying the property. Its valued at £150k and I'll be buying 39% of it for £58,500 and paying £152 rent on the remaining share. The only problem I have is that I…
-
Moving home in fixed rate period? (possible stupid question!)
Hi Guys I am one year into a 3 year fixed rate deal at 5.99%. I recieve a letter from my mortgage company this morning offering me to switch to a 5 year or 10 year fixed at a better rate and they will waiver any early repayment charges and arrangement fees. My only hesitation is what happens if I want to move home in the 5…
-
Does anywhere do 5% mortgages for part buy?
As title says, we need to borrow £90,000 for a part buy house and have the 5% deposit but are finding it very hard to find company's that do less than 10% Thanks
-
Can I or Cant I
Hi Had a letter from the company responsible for our endownment last week, who, for the first time have admitted that there will be a predicted shortfall in our mortgage of approximately £5,800,this being the highest figure, assuming MY investmet grows at 4% each year.The maturity date is 1/6/20012. (MY INVESTMENT? they…
-
Credit check
Not sure if this is the right thread but here goes. I'll be purchasing a property in the next six months. I have a deposit of £35,000 split between various saving accounts. £20,000 is in an ISA (3.51%) , £7,000 is in my Lloyds Current Account with Advantage (4%) and £8,000 in a Citibank Savings Account (2.4%). I know it's…
-
Haggle over arangement fees?
Hello My fixed term mortgage is coming to an end with Halifax, currently they would charge over 900 pounds "arrangement fee" for me to go onto a five year fixed deal with them at 4.44%. I can get the same rate elsewhere with an arrangement fee of 499 pounds but would like to stay with the halifax for the sake of…
-
Post Office not keeping their promise?!
It's a bit of a long story, sorry.......We did the full mortgage application with the Post Office before the cut off date for the 5yr fixed at 4.15%. Unfortunatly after paying the fee for valuation and survey the seller changed her mind and decided not to sell after all. I rang the PO ad explained the situation, the girl…
-
Loan to Value estimates?
Hi, My tracker deal with Nationwide ends in July unfortunately (currently paying 0.38% interest on my repayment mortgage). I am now on the look out for a decent 10 year fix. Now two years ago my house was valued by Nationwide @ around £180000 via there pc system! My mortgage is for £96000. Now with the crunch and house…
-
Mortgage query
Hi, I was hoping to get some advice.....I am currently renting somewhere and keep getting told by my friends I should be looking to get a mortgage on a place and I know I should. However I don't earn much and don't have a 2nd wage to add weight to my finances. I earn 20K and have no savings. If this wasn't bad enough, in…
-
help with mortgage in negative equity and sale on house
Hi, i'm in a bit of a pickle here and wonder if anyone can offer me some advice. My sister has recently split from her husband and they have mortgages on two properties, they have been having financial difficulties (too much debt) and have put both houses on the market. They've received an offer on one house and the…
