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SMS - From RBS Regarding Mortgage app, what does it mean?
Hi, Just received an SMS from RBS relating to a 5 year fix I applied for last week. It says "Update from Gordons Ref:*******. We have sent you an initial pack which includes a mortgage deed. You should receive this shortly" Can anyone tell me what this means? It's the first time I've remortgaged to another provider. Also…
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any one come off a fixed rate Mortgage with ge money
has any one come off a fixed rate Mortgage with them and what rate are you paying now my fixed rate end at the end of year
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Should I go with the Halifax deal?
Hi, this is my first post, though I've been reading/lurking on these forums for a while... Basically, just wanting some advice - I have a mortgage of 105000, and I come off my two-year fixed deal (5.24%) with the Halifax at the end of this month, and revert to SVR, so save about £150 a month while I'm on it. However with…
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Need some advice please
I've recently divorced from my wife and am renting a 2 bed house. I have no savings and am virtually starting from scratch again. I need to move into at least a 3 bedroom house due to my 3 children and am trying to figure out whats best; rent or buy. I really dislike renting, aswell as not being able to make any changes to…
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Scottish Life Profit Builder
Hi, can anyone offer any advice here please. I have a Scottish Life profitbuilder house purchase plan which is no longer tied to any property. The final value was to cover £18205 in 2015. The current surrender value is around £4300 with a projected value at 4% £6770, 6% £7160 and 8% £8380. The payments each month are…
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SVR or fixed term for negative equity???
Hi All, I am nearing end of my two year fixed mortgage with Halifax. Currently I am paying 5.39% and they are offering me 5.29 % 5 year fixed deal. Currently I am in negative equity. On the top I will have to pay £1000 remortgage fees. Isn't it sensible for me to Switch on SVR. As I read from many articals the bank of…
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Poll - Fix Now
Is the current rush to fix justified ?
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4.75% Fixed Rate vs 3.55% + Base Tracker (2 Years)
Hello, First post.. Hi hi! :j Typical question for the mortgage forum, that i am sure has been answered many times previous. I've got a £60,000 deposit and im attempting to buy a house for £187,500. I've been offered the above mortgages (in the title) both from the Halifax. My repayments will be (approx); Fixed: £725.00…
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Co-op Mortgage Con - Avoid them
We applied for a co-op mortgage in late Feb 2009 through one of their brokers after having been recommended by the developer of a housing scheme. They were recommended because they could get us 100% and we only had a small deposit, and the interest rates were good too. The broker looked at our finances, he knew about our…
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How to Beat the Bank (Hopefully)
This seems too simple to work so let me run it by you and you can tell me if it's me that's too simple and not the plan. Due to years of overpayment, I have a small mortgage (£15,000) which still has 19 years left to run. The interest rate is base rate + 0.55% (so currently 1.05%). The mortgage allows me to borrow back the…
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Abbey Eliminates 7,10 and 15 Year Fixed Mortgages
Is that a worrying trend?
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Commercial Mortgage
Not sure where to turn to on this but thought to try here : Had a business ruined by breach of contract by third party (Councils) clients so moved into the property (two years now) to protect it as it had been burgled. Anyway as I lost the business and now having no income, I'm trying to get the bank to talk to me as I…
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Abbey Rates Shooting Up
00:04 They are updating the website it seems. 7, 10 and 15 years mortgages have disappeared. 5 year fixed mortgages are suddenly becoming more expensive. Damn it!
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LTV may not matter so much once house prices rise again
Hi All, I have just went on to Halifa SVR and I am saving approx £150 per month, I don't intend to come of SVR till the house prices start to rise again and they will, then my LTV will be healthier so I can look for a better deal. Is this a smart idea? would like to hear positives / negatives. Regards, Stuart.
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Really Confused
At the moment Im sitting happy on the C&G SVR but I'd like to fix, when I called C&G and asked what their desktop valuation was they said it was £144k We bought the house in June 2002 for £168k its a 3 bed Semi detached in Kent, have house prices fallen beyond the prices of 2002? I then looked on the nationwide website for…
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freehold vs share of freehold
Hi On my search for purchasing a property first time i've come across a masionette which has the title of 'share of freehold' and another groundfloor masionette which has the title 'freehold'. I thought 'share of freehold' meant you were a freeholder but still had to have a lease? I thought most flats/masionettes had…
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Fixed rate ending-rates going up?confused
Hi, Our fixed rate with Nationwide ends at the end of this month. Current rate 5,49% on about £52,000 mortgage. Will revert to Nationwide SVR of 2.5% which looked attractive until I just read on here that fixed rates are about to go up eek! As our fixed rate will have finished will there still be any fees if we leave…
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2nd Mortgage to buy new home.
Hi guys A little help required please, basically i want to know if i will have any trouble getting a mortgage or if i need to get a buy to let or similar. The background, Myself and my brother were living with my parents down south, they retired and moved to Lincoln, we bought the family home off them for 100k (was worth…
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Mortgage early settlement advice please.
hi , can anyone help me with a bit of good advice, i am wondering if it is a good idea to exit my mortgage fixed rate , i am fixed into it until 2010 on my mortgage alone and also part of my mortgage is made up of an home improvement loan i added to it which has a different fixed date until 2011 eventhough both figures…
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Should I surrender my Prudential endowment?
I have a with profits Prudential endowment which was originally taken out with Scottish Amicable for 25 years and its maturity date is August 2013 It was taken out against a £60000 mortgage and the monthly premium is £75.00 I have just had a Plan update through the post and projected maturity figures are quite shocking.…
