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kg99
Small mortgate, low income
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has my credit wrecked our dream?
In process of getting mortgage application approved i have really bad credit and curruntly rent with my girlfriend, its all in her name at the moment and so are all the bills apart from the virgin media which is in my name We have never applied for any credit together, i didnt go on the rental agreement and dont have a…
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End of Fixed Rate Period
Hi I signed up for a 2 year fixed rate mortgage and made my first payment on 1st June 2007. By my calculations this means that I have now paid 24 monthly installments and the payment on 1st June 2009 will be the 25th payment. This would lead me to believe that I will have gone past the fixed rate period and should…
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A&L 1 Year Fixed Deal
Hi all, This is my first post although I've been following a few threads recently and I was just looking for a bit of advice as their seems to be some very knowledgeable peeps here. We have been with A&L for 2 years on a 40 year mortgage which we decided to take as it gave us low-ish repayments and we knew that when the…
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To Fix or not to fix
We have a 90% LTV mortgage we just started with Britania. It is a discounted rate for the lifetime of the mortgage and at the moment we are paying just over 4%. I've seen a number of people saying that inflation is a worry and that it may be worth fixing for at least 5 years. The best fixed rate we can get is around 6.5%.…
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Interest only mortgage
My OH's salary might be reducing soon, so we need to decrease our mortgage. One of the options we are looking at is changing to an interest only mortgage. I looked at the Nationwide, and they seem to be willing to do interest only as long as you have £150K equity. We don't have that much - we need a mortgage of £140K on a…
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Got a mortgage but its not easy!
Good news! Well - sort of! We have been approved for our FTB motgage, the company (A&L) just need to value the house now and that going well we will get our money!! One downside was that we had to add another £4,000 to our deposit as we are going for a new build and the max LTV offered by A&L for new builds is 80% - is…
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Mis sold a mortgage and secured loan due to lack of PRC cert...what happens?
Well the solicitor is trying to sort things out but it is taking time to gain info so just wondered if anyone here had any ideas or advice about what may or may not happen please... my partners house is/was on the market to be sold due to a split with his wife type creature. They had a buyer, but they could not get their…
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last chance morgage !!
Hi , we are on the brink of upsetting our creditors in a bad way !! we owe £28000 and are about to pull the plug and take recommended action with the cccs. what are the chances of getting a morgage deal once we have started proceedings.. we are not in a mess with our morgage company but have not managed to get a better…
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default on a french mortgage
I have a french mortgage on a property secured abroad. The mortgage is £48,000 and the value WAS £70,000 but as prices stand now it looks like 50-60 & would be difficult to sell. It currently looks like the property will be repossessed as I don't have the income to pay it. My question is what is the most painless method to…
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btl morgage runs out in aug 09
my current deal is due up in aug so need to know how to go about a new morgage...is it best to get quotes now,do they honour them for a certern period?also iv herd horror stories that the fees for a new btl morgage is steep,around 3-4k :eek:
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Should I buy the house I'm renting?
Hi, first post (I've lurked for a while) so be gentle with me! My landlady has just said that 'if I wanted to buy the house, she'd be happy to consider it'. Now I'm not the best at picking up on subtlety, and she did say she wasn't planning to sell it otherwise, but it's got me a bit insecure. It is a nice place, I'd like…
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Repossessed home (2005) - sudden letter requesting outstanding balance.
Firstly, apologies if this is in the wrong forum. If it is, can you direct me to the forum where this should be posted. Now the story... Essentially, my father bought a home in 2003. He was doing ok, but suddenly became ill and couldn't keep up the repayments. After some time, he decided to 'give the keys back to the…
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Norwich Union windfall may 2009
I have been reading about the latest windfall news from Norwich Union / Aviva. I have a endowment policy that matures 1st June - the stament on their web site seems confusing: it says that the policy must be in force on the day of reattribution yet further on it says that if the policy matures after 21st Nov 2006 it will…
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Financial Adviser?
Hi I need to cash in my endowment early. Have contacted a couple of recommended places to find out about selling it. Haven't heard anything. Should I go to a local financial adviser to see if they can help me sell it or just surrender it - I'm making a loss but them's the breaks? Thanks for any replies.
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BMV/Below Market Value Purchases
Any brokers also getting spammed from companies plugging lists of Below Market Value properties which can be bought at 75% of their RICS valuation figures (and explicitly saying that you could use the discount as a deposit). Any ideas as to how these guys place this type of case without committing fraud or using a dodgy…
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Natwest or RBS mortgage?
Hello, I am a first time buyer (with my partner), and am undecided which mortgage to go for. THe best options I have found are RBS and Natwest which are both 5 year fixed deals, 4.59%, £299 arrangement fee. We aren't stretching ourselves in terms of income multiples and 25% deposit. We have spoken to a mortgage broker.…
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Will someone give me and my partner a mortgage
Hi my name is Gemma. My and my partner want to go in for a mortgage together, we are not married. He has got a perfect credit history and has never had any late payments. I on the other hand was a little silly when i was 18 (now 21) and got my self in a few debt problems, which only total £1250 i am starting to pay them…
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Should I fix again or not?
Hi all, I am a bit of a novice when it comes to mortgages and have always taken the "safe" option and fixed for 2 or 3 years at a time. My fixed rate is due in August this year and I don't know weather to fix again or go onto a variable rate. Is there any advice around as to what the rates will be doing over the next year…
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Barclays (Woolwich) Offset tracker question.
Hi - can anyone help? I currently have an Offset Tracker from Barclays - set to 'Reducing Term'. I plan to borrow a significant amount of money (2 year loan) from the offset reserve and increase my monthly payments - then in two years I'll pay it all back. The advisor at Barclays has suggested that I should switch the…
