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Letter from mortgage company I find it strange
Just got a letter from mortgage company (GE money) We were on a fixed deal until March 09 now on a variable rate 1.89% above Barclays base rate Letter goes on to say that they are new offers on the market and in current economic climate, you should review all your options, even if it means switching from GE money. It then…
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Getting a second mortgage for another home
Morning everyone. I currently have a joint mortgage with my Brother for a 4 bedroom house. We have a room each and intend renting the other two rooms. I'll be moving to another city for work and would like to buy another, smaller property instead of renting. Possibly a two bedroom flat, with the other room being rented…
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Capped tracker - any good rates out there?
Hi Does anyone know of any good capped trackers out there without big fees attached to them? (by big fees I mean £999 +). I have 40% ltv at the moment. Cheers
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Interest Only Mortgage - Good idea?
Just having thoughts on an interest only Mortgage to buy somewhere? We have a full repayment mortgage at the moment but have had thoughts on moving. What are the pros and cons of going to an interest only? Surely We could buy something a little bigger and larger budget and pay interest only, hoping that the market in years…
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What steps should I take now?
Short version of a long story: I pay my mortgage (Capstone) every month via bank-to-bank transfer (both parties use the same bank), but in February and march, they "lost" the payments. I sent them photocopies of my bank statements clearly showing that the monies had left my account and had been paid into their account.…
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Yorkshire Bank - Business Offset Mortgages
Hi Everyone... I'm just looking for your opinion really... I'm in the process of launching my own business which will be a Ltd company and I've been looking at the business offset mortgage that the Yorkshire Bank do... My other half already banks at the Yorkshire and we will be looking for a personal mortgage that is 75%…
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Mortgage conundrum
I have about 4 years through a 25 year 90% mortgage with HSBC. I am still on about 90% as we did a few years interest only and with house prices being what they are... My wife and I are self employed. One of our businesses is a takeaway. We'd like to buy another house at £60k for the staff and I am trying to find a way to…
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Remortgage
I had a mortgage with Nationwide which was a tracker and it ended in December 2008,I then took a renewed mortgage out with Nationwide at a fixed rate of 5.78% for five years in December as adviced, wanting to know what I had to pay for the next five years. I have now looked at my agreements and could have possibly stayed…
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good deal on my mortgage?
hi, i have just been offered a mortgage 2YR FIXED AT 5.79% ,this allows me to borrow up to 80% of the value of the property-does this sound a good deal ? i am a first time buyer and have a good deposit only borrowing 65% of the value of the property. :confused:
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Abbey mortgage with £250 cashback
I have a Abbey mortgage arranged which includes £250 cashback. Does anyone know how soon after completing you recieve the £250. Thanks
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resignation of mortgage. how have I to do it?
got mortgage rbos. 3 yaears were on fixed but now they are givin me variable about 4%. i've to push them for another 3 years on fixed but then probably i will move overseas. how to resign of the mortgage? is all money paid allready lost? I did some improvements to the property new fencing, driveway etc. any idea?
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Borrowing into retirement and Advice about Mortgage Deeds
My husband and I are currently buying our first home, he will be the sole name on the mortgage as he is in employment, can my name be on the deeds? Also he is 45 and the mortgage brokers have asked for the mortgage over 20 years, however, I will shortly be returning to work (i'm 36) and we would be more financially…
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Endownment help - Have I understood correctly?
We have an old RSA/Phoenix with profits endownment. It was staken out in 1987 and will mature in 2013. We have been paying £42 a month and according to the 2007 statement the basic guaranteed sum is £11,550 and we have a current bonus of £5900. So, I work out that by 2013 we have paid in a total of just over £12k we will…
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mortgage delays
Can anyone tell me how i should go about trying to get my former mortgage supplier to admit not carrying out an arranged mortgage delay due to maternity leave, then putting us through 3 CCJ's ( Now Cleared) and then having to take a back street mortgage for the last 9 years with ever increasing interest rates despite rates…
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Credit Rating
Just sold house, which will clear debt. We have an excellent credit rating (ie, have paid everything on time), although of course debt was on our records (no ccjs etc). If we go for a mortgage (renting first), will our past debt history be taken into account - say, 12 months down the line? Or is this information not…
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Will i be able to get a mortgage?
Hi there I was hoping some of you guys may be able to help me or at least give me a point in the right direction. I am looking at reserving a new build flat which will be ready around December. the builders are offering 75/25 shared equity which I would be looking to do, I have checked the property value in the area as I…
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further mortgage check?
I have had a mortgage AIP from the bank, they are arranging the surveyor to view the property I wish to buy next week. I asked the mortgage lender if that was it now and if the mortgage was definate,she said "yes thats it,just need to tie up the loose ends once the survey is done than instruct a solicitor", So is that…
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remortgaging an Eco house
Hi, I'd appreciate some help finding a fixed rate (but would be interested in other types also) mortgage for a modern eco house. We initially got a mortgage before building our house but that provider is no longer issuing new mortgages and, having been to a Mortgage Broker, it would appear that providers are not keen on…
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FTB's with a question.
Hi all, Having lurked in the forums for a couple of weeks I need some advice. My partner and I have arranged and been approved for a FTB mortgage with Bristol and West via the Post Office. Propety value of £175,000 agreed by the valuation, and our mortgage amount is £138,000. Now we asked for a Homebuyers Report, and have…
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Refused by First Direct
Hi, I am looking for some advice. I have just been refused a mortgage by first direct because of my credit score. I wanted to borrow £138k against a £185k purchase with a basic salary of £41k. I checked on experian and have a score of 987, no outstanding debts. Is this normal and is it worth applying to another lender? I…
