-
Self Employed and Employed help!!!!!!!!!!FTB's
My partner and I are hoping to get onto the property ladder. We are both musicians/teachers and heve decided to go straight to a detached house in order not to annoy any more neighbours, and to avoid moving costs in a couple of years time. We have no problems saving money or paying our rent at the moment. The problem is we…
-
Mortgage lenders looking to get rid of loans?
Hi In the last month I read something about customers from certain mortgage lenders negotiating discounts on the outstanding loan to pay back the loan in full. The lenders being desperate to get the loans off their books. I can't find the resource where I read it again. Most likely to have been on MSE - Forums, E-mail…
-
Missold Endowments - send complaint to who??
I was advised to take out a top-up policy for £10K by my lender (Bradford and Bingley). The policty is with the Pru. Who do you send the letter of complaint to: The lender (Bradford and Bingley) who advised me to take out the £10K policy of the provider (Pru) who sold it to me??
-
A little assistance required
Hi all, I currently have afixed mortgage with A&L, at 4.89% (which wasn't too shabby at the time) It come to an end early next year, when it finishes it goes to a new rate of 0.75% above the Bank of England rate. Do you think that rates will continue to stay relatively low for a while? Should I just let the fixed term end…
-
Buying a second home with equity from my 1st home??
Hi wonder if I could find some advice please….. I currently have a mortgage with Bham Midshires of 50k remaining to be paid on my own house; it is valued at 111k. I am planning on buying second house it is 83k. I have deposit of 40k already What I am planning to do is buy the second house so it is mortgage free. i would…
-
Mortgage Agreement in Principle Question
Hi Does anyone know how long mortgage AIP's are valid for? cheers gkinrade
-
maturing endowment & part payment to mortgage
I have an endowment maturing shortly but still have over two years of my mortgage to run. Would I be better investing/saving the endowment or put it toward part payment of mortgage?
-
Aviva Endowement - What to so with it
Hi Guys I currently have a Aviva Endowment with is no longer offset against any mortgage as we have went on to a Repayment mortgage 2 years ago. I am wondering if it would be best to cash in/sell the endowment (if I can) and add the monthly payment to my mortgage repayment I currently pay £ 70.00 per month, the policy has…
-
Missed CC payemt and mortgage applications
The other half has just realised she missed a credit card payment while we were on holiday. The thing is, we're in the middle of a mortgage application with Abbey of all companies. The first credit checks were fine, and they've asked for a few more documents that we have supplied. Is the missed payment likely to harn our…
-
CCJ and defaults - have 50% deposit, any hope for us?
My partner and I are looking to buy our first house. We have a deposit of 125k and are looking buy a place of 250k, so we have a nice 50% deposit. My credit history is fine but we have just received a credit report on my partner. We did the check as we were worried that her past credit might be adverse. Firstly she has 2…
-
Mortgage without payslips or bank statements
Please help! Myself and my husband are currently trying to buy our first house! I was the main wage earner while my husband was applying for a new job and initially our mortgage was approved. We put an offer in for the house we liked and it was accepted! Exciting times! When the application went to the underwriter they…
-
How much are each of the lenders lending? who ignores rental property?
Hi there, Can anyone tell me how much as an income multiple each of the lenders are lending? e.g. I know RBS will lend 4.5 times joint salaries. Also has anyone spoken to a lender who has said they do not take rental properties into account when deciding whether to lend on another property?
-
Divorcing with negative equity help please!
My partner and I are looking to seperate but are a bit stuck as to what to do as we are 20k in negative equity, and neither of us can afford to pay the mortgage independantly, have absolutely no idea what to do! btw we have one child who will be living with the mother if that is of use in reply!
-
Fixed Rate Remortgage Help - Please
Hi all I was hoping someone could lend a bit of assistance. Our present mortgage deal runs out at the end of September 09. It’s currently with Accord, and is 4.98% fixed (since Sept 2006), and then reverts to their rather high SVR of 5.34% at the end of September. We’re currently paying circa £530pm. We meet this…
-
2nd House, 2nd Mortgage Advice Please
Hello My husband and I currently own our own home (albeit with a 70% mortgage). Sadly my Mother in Law lost her husband very suddenly a few months ago and has decided she can't stay in the house they lived in together so has been staying with us ever since. She now own's her bungalow (worth approx £190K outright but wants…
-
Repossession dilemma - other people's views appreciated
I'm not after the sympathy vote, I'm just struggling to believe what is happening. I fell out with my dad two months ago. I went to see him a few days ago to make peace to find his house (the family house) had been repossessed on 1st June. No one has heard from my dad since then, but I'm purely after advice from a…
-
Existing Abbey Customer New Deal
Just thought I would let any other abbey customers know that I called today and they could offer me the following deals to fix my mortgage; 1 Year fixed - 4.59% + £599 booking fee + £125 transfer fee, or; 2 Year fixed - 4.99% + £125 transfer fee These are both on a 90% mortgage. Not bad I thought considering Abbey's SVR is…
-
Mortgage & Solicitors
Hi I need more help lol. I'm waiting a AIP at the moment and we have a solicitor. If we get a AIP do the mortgage company tell the Solicitor or do we? The reason I'm asking is because I handed all the forms and a cheque to the Solicitor and she said she wont cash the cheque until they no the mortgage has been approved.…
-
New fixed rate
Hi, I have been offered by Abbey to get out of my current fixed rate and they will pay my early repayment charges, they have offered me 4.99% for 3 years, do you think this is worth taking up or just wait until my mortgage goes to the SVR of 4.24% in October. Thanks for your help.
-
Overpayments
Hi, I want to make an overpayment on my mortgage using my credit card, my question is will the payment be taken as a retail transaction or cash as if it is retail I can take advantage of my 0 % on purchases? Thanks in advance.
