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Quick question.
Hi We are in the early stages of moving house (offer accepted on our house and have made an offer today on a house for ourselves, so don't know if its been accepted yet) but have spoken to Abbey today as our mortgage is with them already and we've been offered a 2yr fixed rate at 3.45%, no valuation fee, £495 added to the…
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First time buyer - mortgage advice
Hi folks, first post :hello: I am a first time buyer - i have bought a flat for £85k (valued at £90k) I am looking for the best mortgage rate i can get - I would like as high an LTV as possible as although i have good savings (about £19k) i think i will have to use the vast majority (about 13-15k) on doing work to the…
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Remortgage advice
Good morning all Long time watcher first time poster! Please can anyone offer some advice to me. We are currently in the process of remortgaging and our ifa has told us that due to the OH's recent credit history (prior to about 2 years ago was good), we will have trouble in obtaining a joint mortgage in the current…
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Mortgage protection
Hi Where is the best place to get a mortgage protection plan from? Im only after protection for unemployment. I have a stable job at the moment but plan to start applying for new jobs due to financial reasons. I have been browsing the Britania website from what I gathered it will cost me 27 pounds to cover a 900 pounds…
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Aviva shortfall
A while ago we got one of the dreaded red warning letters on our endowment. We only have a small mortgage and if required could pay it off tomorrow but havent because thanks to a bit of negotiation some years ago we are getting a higher rate on our savings than we are paying on the mortgage. The endowment was with Norwich…
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Want to get on the ladder
I want to get on the property ladder and I think now with prices so low its probably one of the best times to do it ............... if I can get a mortgage. Has anyone got any advice? I want to start looking for a house and I know what area etc but need to know how I can find out what my price range would be. My salary is…
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need to make a decision fast. new fixed rate or svr in lot of negative equity!
We bought our house at the peak for £178,000 in June 2007 and our fixed rate (5.14%) is just ending in the next day or two. Our house is now worth about £120,000 (if that!) Anyway rang the lender to expect to hear we can just go onto svr of 4%. However we were offered 3 options - svr @ 4% - can overpay as much as we want…
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Mortgage Hope
Im not sure if anybody can help me on this or think i have a chance, Im looking to buy a 3 bedroom flat and rent 2 rooms out, i seen a flat 240,000 i got a 20k deposit but im only on a 18k salary, do you think i stand a chance of getting a mortgage that large.
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INTEREST RATES - What next??
Hi all, I'm currently on a fixed rate self-cert mortgage with Mortgage Express at 6.14%. My fixed term ends next April (2010). In September last year I had to move out of my home and I'm now back with my parents (god bless 'em) as I was struggling to keep up with the payments and I now rent out my house. The rent covers…
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Completely new on mortgage / buying house and need some friendly advice plz
Hi everyone, I would like to ask you much deposit will I need to put to the seller for a deal that I am interested in? Secondly, I understand we need 20% deposit to borrow from banks. If no banks will lend, will I lose 20% of all my money or the initial amount that I put towards to the sellers to hold the house. Many…
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Mortgage offer expires advice please
Hi, I have a mortgage offer from the Yorkshire Building Society that expires on 26th July 2009. I will be exchanging contracts this week however the chain is unable to complete until 30th July 2009. Does the above have any effect on my mortgage offer and at what date does the mortgage offer become 'live'? Any advice would…
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Can I change the loan amount on a mortgage offer?
I had an mortgage offer agreed today by Yorkshire Bank. When I applied for the mortgage I asked for £99500, based on a house for £105,000 , I was paying 5% deposit, like I said I was told today that the mortgage had been agreed and to go find a property to purchase. With this news, my folks have given me some money which…
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Mortgage application accepted then declined :/
Hi guys.... so here goes. I recently left the armed forces and have managed (by miracle) to find employment that offers a much, much better salary and benfits package. The only problem with the new job is that it is an hour away from my current home (living with folks) So.... a couple of months ago I found a property I…
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How long
What is the average length of time between having an offer accepted and completing?
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Halifax Mortgage -Bad Advice? What to do?
Hi everyone, I browse here a lot but have only posted once or twice I think but I immediately thought of coming here for your advice - I hope you can help me! Sorry if this is a bit long, but am really unsure of what to do! I have a fixed three year mortgage with Halifax. As interest rates fell, we were keen to explore…
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Cloud Cuckoo Land?
I need to borrow £30,000 for about 6 months, at most, for a deposit on a holiday home I want to buy in Spain. Does anyone know of a provider offering no-fee, interest only remortgages with no early repayment penalties? Or am I living in Cloud Cuckoo Land! :rotfl:
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Asked to move mortgage - what next?
We have had a letter from our mortgage provider, who have the mortgage on our LTB house (been renting it out for 8 years) They would like us to move to another mortgage supplier, and are willing to forego any early redemption penalties. Trouble is, that as our fixed-rate period with them is over in September, and we have…
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Mortgage app. while on maternity leave
Hello- Not sure if anyone can help with this but I'm on maternity leave at the moment and applying for a mortgage. I have a letter from my employer stating my position, normal salary and return to work date. However I'm worried about my bank statement - I've been living in my overdraft for the last few months and I don't…
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Mortgage rates hit highest level this year
This thread is to discuss the following news story: Mortgage rates hit highest level this year
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refused credit/mortgage, dont knpw why ??
I have recently moved into a property with my boyfriend. Currently he is on a tracker mortgage. As we are expecting our first baby we decided to put our finances in one place and apply for a joint mortgage with Natwest whilst the rates are good. Unfortunetly we were declined but told that we could appeal. We were advised…
