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Quick (and possibly stupid) Credit question
Hello, Something has just occured to me and I may be just be a bit dumb so i thought i would ask just incase. Me and my other half have recently moved from one flat to another. We have a joint account to pay our bills with. The account was empty because we had just put the deposit down on the new place and knew there were…
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Brokers urging everyone to fix - anyone sticking with their tracker?
Hi With the press full of articles on brokers urging everyone to fix their mortgage now before it is too late to get a good rate ever, is anyone else sticking with their tracker? My bank tried to sell me a fixed rate as soon as I stepped inside the door this morning - just can't seem to get away from it! Foreversummer
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Help!! to mortgage offers, which to take?? FTB!!!!
hi myself and my partner have just sale agreed on a reposession property for 85,000. we have a 15% deposit (12,750). we have been offered 5.99% from alliance and leister 3 yr fixed, and we have also been offered a tracker mortgage at 3.99%, plus the bank of england rate, which is currently 0.5%, i don't really understand…
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second home - mortgage implications
Hi, i will shortly be starting work in a different part of the country and plan to buy another property to live in during the week. My wife will continue to live in our current property full time. This property has a small mortgage outstanding (less than 20% of the property value). Any thoughts on implications on getting a…
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Woolwich Mortgages
A mate of mine is as mad as everyone else and is going through the lovely process of moving hime. One of the people in the chain has applied for a mortgage with the Woolwich / Barclays. Survey done about a month agao, and now still no formal approval. He is getting panicky, is this a normal amount of time to wait, or could…
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Use a broker or find the best deal yourself?
Been using these forums and trawling through various comparison sites as well as periodically. I'm therefore reasonably confident that I am able to identify the best deal for me to apply for. I'm absolutely sick and tired of estate agents having my details and calling me with pointless houses which in no way meet my…
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90% LTV mortgage that'll allow a guarantor?
Anyone know who does this? My IFA told me Britannia but they wont do it if the guarantor doesn't reside at the mortgaged property. Thanks! Foolish
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Nationwide - want to port, been refused then accepted then refused!
I posted a few weeks ago to explain that we had taken out a new mortgage with the Nationwide in joint names in March 2009. the value was £232000, 82% mortgage. We jointly earn £100k. We have agreed a sale on our house of £249,950 and want to buy a new property at £135k. Our mortgage is portable so we applied to port it to…
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porting 2 seperate mortgages with Abbey to one property
Hi, We are looking to buy a place together and currently have Abbey mortgages on our seperate properties. I have a flexible repayment mortgage with no tie-ins and Paul has an interest-only fixed rate deal for a further 2 years. I owe £83k on a property worth approx £180k, Paul owes £153k on a property worth approx £185k.…
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Loan to Value calculation
I am looking to buy a flat with my son for him to live in. We will each pay 50%, but he has to borrow his half. Is the LTV worked out on the amount he is borrowing as a % of purchase price (in which case it would be around 40%) or 50% of purchase price (works out around 80%)? Thanks.
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Foreign Mortgage - Credit Score Impact?
Hi All, I'm not sure whether I'm posting this in the right forum but here goes... I have a foreign mortgage and it's an investment that has turned sour. If i walk away/default on the mortgage will that show up in my UK credit score? Regards, Dave
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Taking my name off the mortgage.
Hi all, i hope this is a simple question, but how hard/easy is it to take my name off our mortgage? so that the mortgage is only in my partners name, i knowit sounds a silly question, but we want to either ask for a further advance on our mortgage or re-mortgage, and my credit rating is absolutely terrible, whereas hers is…
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'Banking' a deal
Hi, Think of getting a new deal for some security - I am a worrier and would rather play it safe! Have been offered Natwest 4.69% £299 fee 5 yrs or 5.09/5.14% £699 fees 10yrs fixed. I am sure i have read somewhere that once a mortgage has been agreed you have a time scale in which you can start the mortgage, either 30…
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First Direct offset advice
Hi, I'm looking at first directs offset 3y fixed deal at 4.09% I have never had an offset - are they really that good on a practical basis? What are the pitfalls? is it purely there to reduce the term of years of the mortgage? How realisitcally benefical are these type of accounts? FD told me that youd have to earn 4.71%…
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Mortgage and ex-partner
Hi, Been about this to a solictor, who was no help. Approximately 4 years ago my ex-partner and I purchased a house in joint names, both deeds and mortgage. Two years ago I separated from my ex-partner, and left the joint home. I have recently asked her to have my name taken off the mortgage and deeds but she has refused.…
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Anyone looking at the HSBC’s RateMatcher mortgages?
Looking at this deal with HSBC’s RateMatcher 5 year fixed @ 4.34% until 31.08.2014 £699 fee Free Legal & Valuation fees Can be reserved now for up to 6 months start date No exit fee
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Banks that use equifax
Hi, Is it possible to find a bank that uses Equifax and not experian or do they all use both? Thanks
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Switch and fix?
Hi everyone, this is the first time I have ever started a new thread, so please bear with me! I have a £110k mortgage with 21 years left to run. Provider is Nationwide, and my 2 year tracker deal (+0.39%) started in October 2008. Therefore, super-low mortgage payments at the moment and I am sinking the savings back into…
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Britannia Mortgage FTB - ADVICE?!
Hi there I've just had a mortgage in principle approved by Britannia. Me and my boyfriend have an offer accepted on a house at 175K and a 15% deposit, I am locked into a loan (200£ per month until next March), out salaries are 26K and 32K. Britannia ask you to stump up £150 application fee, £200 mortgage valuation, £240…
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Britannia Merger with CO-OP.. can we jump ship free?
Following the news about the merger set to happen on the 1st August 2009 between Britannia and Co-op will this mean that if anyone has a fixed rate deal with Britannina (ME) be able to move my mortgage with out penalty to another provider (and lower rate) due to the terms and conditions changing? ( The mortgage provider…
