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Scottish Provident -Old Endowment - Stay or Go?
I have a Scottish Provident (now Phoenix Life) 'with-profits' endowment that is due to mature in October 2012. My dilemma is this: the endowment has just over 3 years to run and has been doing so badly that I was intending to surrender it. In 2008, Scottish Provident's 'with-profits' investment return was -11.2%! so I am…
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Red letter day!
Can't remember if I've ever posted before but I need some help now like never before! I'm absolutely hopeless with anything to do with money :( Got a red letter warning that our first endowment is not likely to meet the target sum we were relying on. HELP! Have a part repayment and part interest only mortgage. Around 37k…
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Moving deal?
Hi, We have a fixed deal ending in October. We have an outstanding amount £123k plus a charging order of £25k house only worth £150k. Now I know we are not an ideal candidate but was wondering what sort of advisor we should talk too even if it means being on a higher rate again as it gives up peace of mind to know what we…
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Please Help Newby
Hi im new on here and am looking at buying a house but don't know anything about mortgages. I am looking at buying 50% of a house with my boss buying the other 50%. what type of mortgages are available for this purpose? This may be a really silly question but i have no clue so a friend said try on here. Thanks for any help.
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Clerical Medical with Profits endowment
Hi, I’m now mortgage free and trying to work out what I should do with the Clerical Medical with profits endowment policy I still have running, details below:- Provider's name : Clerical Medical Sum assured : £14564 Declared bonuses : £5836.30 Surrender value : £13925.00 Monthly premium : £53.48 Maturity date : 15/05/2017…
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Remortgaging on a shared equitity scheme
Hi all, I bought my property in November 2007 (not the best time I know) and my fixed rate deal is nearing an end now so I am looking at what is around for options in regards to remortgaging and whether it is worth it. However I bought on a builders scheme where they own 255 of the property and my mortgage was based on 75%…
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Britannia remortgage - No Deal
Hi I decided to ring Britannia to find out what they could offer me as a remortgage. I hoped that they might do a deal to tempt me away from my lifetime offset tracker at BofE +0.74%. In brief, they won't. All I was offered were rates currently availabe to anybody. Nothing special in exchange for my currently great rate.…
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Mortgage lenders which are not accessed by IFA's/Mortgage advisors ??
Hi, Can you please give me a list of all the Mortgage lenders which are not accessed by IFA's/Mortgage advisors ?? Also which lenders have most tough underwriters for mortgage and which are the most easy underwriters. Thanks
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Divorce, joint mortgage and title deeds.
............................ Wrong place :o sorry
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Valuation !!!
Hello All, Which lenders do you think have the most stingy valuation price and which lenders have the most generous valuation price in the current market situation. It would be good if you can get me the real references. Many Thanks
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Remortgaging on a shared equitity scheme
Hi all, I bought my property in November 2007 (not the best time I know) and my fixed rate deal is nearing an end now so I am looking at what is around for options in regards to remortgaging and whether it is worth it. However I bought on a builders scheme where they own 255 of the property and my mortgage was based on 75%…
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What to ask mortgage lender before going ahead with a re-mortgage
Ive found a good re-mortgage deal for myself and the mrs and want to proceed. Mortgage length 5 years fixed at 5.69 LTV 82% fees £540 inc valuation and solicitor Questions I want o ask tonight before I proceed are 1 - is the mortgage portable 2 - can I over pay 3 - what % can I over pay 4 - What are the early redemption…
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Tracker Mortgage - Ask for excess payments back if you want!!
Hi I have a tracker mortgage with the Woolwich now Barclays and contacted them as I noticed that our mortgage hadn't changed as a result in interest rate changes. I was surprised to learn that the mortgage holder has to contact the bank and ask for the rate to be reset, Barclays only resets theirs in September each year…
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Re-mortgage Valuation
Advice required I am in the middle of a re-mortgage with the Alliance & Leicester. The surveyor came round a few weeks ago and valued my property at 70k below the value I had applied for. My value was based on the estimates of 5 estate agents and a property for sale of a similar size 200 meters from my property I have…
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Mortgage Advice Wanted please
Hi, wondering if anyone could give me some advice please. We currently have a £300k mortgage on a £575-£600k property. Mortgage is a 0.4% base rate tracker with Barclays (repayment). This is portable up to the current outstanding balance. We have found a new house which we want to buy which is great value at £780k and have…
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Will we get a mortgage?
Hi there A little advice needed on the likelihood of obtaining a mortgage. I have a mortgage with my brother on the old family home, currently owe 66k on a house worth around 220k, currently being rented for 1k per month, mortgage payments are £410 per month. Now the move up north is going to be permanent, the wife and I…
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Nationwide help
Hi I wonder if somebody could point me in the right direction. I took out my mortage with Nationwide 6 years ago and will have paid it off in January (I reduced the term right down and overpaid over those years) Yes I'm a good girl :A I have a fixed rate with them now that runs out next month July 31st so would be…
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Are they really knocking £20,000 off mortgages?
Read in the paper yesterday that some mortgage companies were knocking up to £20,000 off loan amount if their customers take their mortgages elsewhere. GMAC were one of the companies doing this. Anyone know anything about this?
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missold endowment not enough compensation
Hi, we claimed compensation last year for a missold endowment. The Halifax ended up giving us a couple of hundred pounds. Now, with one payment left, our shortfall is going to be £4,000. Shouldn't the compensation be the ammount of the shortfall?
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Bank upped interest rate after first consultation – possible negotiation?
Good Evening, We are first time buyers with an offer accepted. Last week we went to a major bank to find out about a 5-year fixed rate mortgage and was very happy with the deal but could not take it up there and then because our proof of identify was in the post. As a result an appointment was scheduled for later this…
