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MAIP but seen a better deal - can we apply for a different mortgage?
C&G have agreed a mortgage in principal for us. This is not linked to a specific house at the moment as we are still waiting to find our 'dream' but wanted to check we could actually get a mortgage in the current climate. We tried with C&G first as they were our previous providers before we sold and moved into a rented…
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Yorkshire Bank mortgage-awaiting decision
I have already posted a similar question surrounding a recent application for a mortgage with yorkshire bank. I went through the full application and the advisor at the bank said all was fine and shouldnt have any problem getting the mortgage offer. I was wondering what happens next? If there are any problems,is it a…
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Help! Current account/mortgage question
Hi I am wondering if anyone can help me. I'm trying to get my finances in order so I can get an mortgage agreement in principle. I am closing unused credit cards etc etc. I have been with my bank (Barclays) for 11 years, and although I have used my overdraft every month, I have always stayed within the agreed limit.…
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Bristol & West Overpayment Problem
I currently have a mortgage with Bristol & West. The Fixed term ended and due to the interest rate the monthly repayments were reduced. I decided that actually I wanted to make over payments into the mortgage to pay it off more quickly. When I phoned them up to do this they told me that any additional money I paid into the…
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Difference with Equifax and Experian
Anyone know why there is a huge difference between Equifax and Experian? My Equifax rating is Excellent compared with a Fair rating on Experian.
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Post repossession mortgage debt proposals help
Hi there Its a long story and I wont bore you but we have had our house repossessed due to my redundancy and now have a whopping £70k debt to contemplate. Its very sad but there is life after. My question is what happens now, can anyone point me in the right direction? I acted for myself and have limited my legal costs and…
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loyds ftb deal- lend a hand 95% ltv
lloyds have introduced a ftb mortgage called lend a hand. you need at least 5% deposit. sombody else needs the rest in savings to make it up to 25%. the rates are 4.99% for 3yrs £995 fee, 5.29% for 3yrs £495 fee, 5.69% for 3yrs no fee. it is good if you have relatives or friends who have spare savings but don't necessarily…
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Refused a mortgage due to bankruptcy, help?
Hello, first time I have done this but it has been recommended to me as a good place for advice. I unfortunatley made myself bankrupt 6 years ago this march gone, I have been discharged from bankruptcy for 4 years also. And this has now come off my credit file which is now clean. Since the bankruptcy my credit file has…
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How much do I reveal to my mortgage advisor
My partner and I are on the verge of getting our first property for 250k with 125k deposit. We had an agreement in principle accepted with both HSBC and Post Office. We have since learned that my partner has a very low credit rating due to 2 defaults and a CCJ. We did two credit reports, one bought up all three issues and…
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Which CRA's do Brittania use for mortgage app?
Does anyone know what CRA's Britannia use for doing full credit checks when applying for a mortgage? Its just that I have a credit card which only updates Equifax and I just paid it off and closed it but this wont show up as satisfied for another 4 to 5 weeks according to the guy on the phone. I am intending to go through…
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confused about mortgage
Can anyone give me some advise, I have a reletively low mortgage and I don't know if it would be better to go for a variable or fixed rate mortgage and if discounted would be best. I fixed 2 years ago and it has just come to an end and I hace just realised my payments have gone down by about £50 a month. Thanks in advance…
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End of fixed term
To anyone who can offer a pointer in the right direction- I purchased a 2bed new build in June 2007, it was valued at £115k, I took out an 85% mortgage against this (93.5k) which is actually how much I paid in total as I had a 15% discount. I took out a 4.99% 2yr fixed rate with The Chelsea which is due to end as of…
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Repossession Help
I really need some advice!! A bit of background... My Self and my now ex-husband bought a property back in September 2007 for £128500(great timing huh!) on a 95% Mortgage. We split up 6 months later both moved out (I moved back to my home town and he went to university) we tried to sell the property (again great timing!!)…
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Different advice from two mortgage brokers
I've been to see two mortgage brokers this week and they've offered slightly different advice, so I was hoping I could get some thoughts on their advice from the folks here. Both advisers said fixed rate would be the way to go, but one said all the best deals at the moment were only available direct rather than through a a…
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mortgage deal coming to an end
Hi I have a £37000 mortgage with 9 years to go.my current deal ends on monday and I revert to an interest rate of 4.49% £434/month I am able to make overpayments now and again but not a huge amount I normally stick with the original borrower but now I think I need to shop around a little I am not a mortgage expert by any…
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Should I remortgage?
Hi Is anybody able to offer me any sound advice? I currently have a 50% share in a property where as a housing association own the other 50% and I pay them £150 a month rent for there share. My property is worth £115,000 My half is therefore worth £57500 I currently have a repayment mortgage with Kent Reliance Building…
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MPPI - Legal and General
A follow up to an earlier post in June re L&G sending notice to more than double my current MPPI (Mortgae Payment Protection Insurance): Having got a good steer, I went to iprotect .co .uk In summary: More cover for less than HALF PRICE:beer:. (£980 for £23/month) The online quote tool allowed me to tailor for 0-180 day…
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Contacting Abbey
Our financial advisor has arranged a mortgage with Abbey for us. Apparently they have agreed to lend us the money but are still asking for silly documents to be sent, which was done over a week ago. We first applied 6 weeks ago, and they still have not sent out the surveyor. Is there any point me trying to contact them to…
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Yorkshire BS & Adverse Credit
Hi ME's, We're currently trying to re-mortgage our house. Our current mortgage is with Morgan Stanley as Advantage, we didn't know this was a sub-prime mortgage when we first took it out in November 2007 as it was done through a broker. We applied to Britannia BS but were declined as they said there were defaults on my…
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abey svr-interst only
Hi, Any one who can help would be appreciated.I have a house on sale with abbey £35 k mortgage, 15 years of 25 left, valued and on sale for £200k.Having financial trouble meeting repayments due to job market. asked abbey to change to interest only till house is sold, enough equity in house to cover,ageed at first, however…
