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Confused about possible Mortgage Decline
Hi All, Is there anyone around that can offer me some advice. My wife and I both went to a Mortgage Broker yesterday in order to get an agreement in principle so that we can buy a house (We are in our mid-thirties and are first time buyers). As she has not worked for a couple of years most of the income that was put down…
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extras for buying/selling
could some kind person do me a list of what extras there are to budget for when buying and selling a house please?I have thought of solicitors,estate agents,HIP,removals.........am sure theres lots more! thankyou in advance.
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Endowment claim need advise urgently please
Hi everyone This is a tricky one so i would really appreciate some advice.:confused: My father-in-law took out an endowment policy with abbey in 1994. When looking to sell his house 2 yrs ago he contacted Abbey and they told him he didn't have an endowment policy. It turns out Abbey started his policy before he bought his…
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UK Mortgage Approvals Hit 15-Mo High In June-BBA
09:30 23Jul09 UK JUNE NET MTGE LENDING +GBP2.6B VS +GBP2.4B IN MAY - BBA 09:30 23Jul09 UK JUNE MORTGAGE APPROVALS 35,235 VS 31,919 IN MAY - BBA 09:30 23Jul09 UK GROSS MORTGAGE LENDING GBP7.9B VS GBP7.8B IN MAY - BBA 09:55 23Jul09 UK Mortgage Approvals Hit 15-Mo High In June-BBA LONDON - U.K. gross and net mortgage lending…
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Nationwide Mortgage - where have my payments gone?
Hi, My husband and I moved into our house 5 years ago, paying £149,000 and putting down a 5% deposit making our mortgage total about £141,500. We had a capital repayment fixed deal for 5 years which comes to an end next month. I have been looking for a better deal but can't find anything as we can't make the (ridiculous)…
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How do I take my mortgage company back to court
How do I take my mortgage company back to court as they are adding more charges a £42 adimnistration fee when all the court said i should pay is £850. Spoke to shelter and they said i could under a N244 but how do i sart this off. At present i amtrying to get a legal aid case worker that will help me. the ones i get from…
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Advice for best fixed deals (3/5 Year Fixed)
Hi All, I missed the boat with the Natwest 4.99 5 year fixed deal with an arrangement fee of £299 a couple of weeks ago. My house is valued at £170,000 and i have a mortgage for £113000 leaving me a LTV of roughly 68% I'm being put off by the £999 arrangement fees applicable to most of the current deals. Can someone offer…
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redress minus surrender value on a mis sold endowment
please help this newbie been offered redress of £2351.78 on a mis sold endowment, but company are also taking off surrender value of £2020.13. With final adjustment this leaves me with a total of £519.14 compensation. I had chosen to keep my policy as i have paid off my mortgage, so i have not surrendered it. Surely they…
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Mortgages or Loans for Major Renovations
Hi All, looking for a little guidance on the best way to raise finance in this tight market for a major redevelopment of my house. The project will take my current 2 bedroom bungalow and turn it into a 5 bedroom house. I have some cash to start the work, but will need to borrow more to finish it all off. My total…
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Mortgage refused
Hi We need your help, we had a mortgage application approved all signed waiting for the solicitor to lift the money when the bank came back and said they were canceling the mortgage as we were not buying from a family member, what does this mean? are they allowed to do this? Very upset as we could now lose our home we have…
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morgage transfer charges
I am about to transfer my morgage to hsbc but they are charging £599 why should i pay this i bank with them, they are paying solicitors fees and i do not need a valuation so what are the charges for i will be fixing my morgage for 2 yrs at 3.24% for a £53000 morgage.
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Bristol and West standard variable
Does anyone know the standard variable for Bristol and West?? Can't find it anywhere on their website ;)
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MPPI Payable with lodger income?
Hello there, I should hopefully be in my flat within a week as long as the solicitors get there fingers out there backsides and all the documents sent. I've been looking at MPPI cover and according to money saving expert the cheapest is I Protect. It will only cost me just over £10 to pay my mortgage of 400-ish + 25& of…
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is it worth me switching?
Hi I've got a mortgage with Natwest, I have an outstanding balance of £120000. LTV is 75%. Im now on the svr of 4.00% after my fixed rate came to an end. I am guessing that 4.00% is probabably pretty hard to beat, but I would like to try and reduce my monthly repayments, currently £520 per month. Am I likely to get a…
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An easy re-mortgage question i'm sure.......
Hi all, a simple question but means a lot to us so here goes........... We own a property worth 260k, we have a mortgage of 167k and wish to add another 20k to the mortgage with the Building Society. However, we have a 60k loan by our bank secured on our property (Secured Loan). Q1. Will this secured lending show up on the…
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In a quandary - fixed rate and pay off or offset?
Hi everyone I was wondering if I could pick your brians? I have a mortgage (as noted below) and was wondering what is best to do? Should I get a fixed rate mortgage for 5 years or less and pay a bit off my mortgage total or get an offset mortgage and let the savings tot up? Mortgage = £93000 time left = roughly 8 years…
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solicitor fees
hello we are buying a new house and just got the quote from the solicitor seems very high to me, can anyone let me know if these fees are appropriate (its a new build) Fee £595 Vat £89 Local Search £85 Offical search £6 Bancrupcty search £4 Telegraphic transfer £51 Land Registry fee £280 Housebuilders solciitor…
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shared ownership
Hi, going to (or at least try to) purchase a shared ownership property. The share is 25% for 27500. My oh has bad credit as in missed payments and default for 5000 unsatisfied (in dispute). I have 25k income and fairly decent credit rating. Is it somehow possible to have the mortgage in my name and apply jointly to the…
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Self employed implications for re-mortage
Hi all I am currently in a safe job on a permenant contract working for the County Council. I took this job because I wanted to get a mortgage and reaslised that in the current climate it is important to show as much security as possible. I have recently go the mortgage and new house, my plan now is to save up some cash as…
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standard variable rates
Hi I would like to risk getting a standard varibale rate mortgage at 75% LTV. Guess what i can't find any. Yes our state owned banks seem to be forcing me to take fixed a rates miles above the base rates. Can anyone recommend a good deal? Thanks
