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Mortgage admin fees for changes
hi everyone my mortgage company is trying to charge me a £25 admin fee because my house insurance provider has changed (it actually hasnt but i had to cancel and start a new policy as my renewal was double the cost of a new one) can i not pay this, claim it back?? thanks very much
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Mortgages for self employed / franchisees
Please could someone help and give me some general information. I am about to start a franchise business as a franchisee. My wife and I are living in 4 bed rented at the moment (having sold our house and got out before the crash) but would now like to buy. She works for the NHS. We have a reasonable deposit and with her…
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RBS Refusing Payment Plan
Hi everybody, Hope you can help. We got behind in our mortgage 8 months ago due to my husband losing his job. Happy to say that having missed 4 payments, for the last 4 months we have managed full payments. We have £1608 in arrears so last wee I phoned RBS payment centre in Birmingham to make an offer to pay £150 extra a…
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Another Shortfall
Hi, I have been browsing for a couple of years now but feel my wife and I seriously need solid advice. Both my wife and myself are not very clever when it comes to mortgages and understanding them. I am 63yo male and registered disabled. I earn a very small income working from home (£200pm) and my wife is a 61yo midwife,…
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Tax implications of taking out capital?
Hi, Looking for a little advice on Capital Gains Tax. I have a property that i rent out with some equity in it. I am considering buying a house that i want to live in (i live in reneted accomodation through the government at the moment) and need to take some of the capital out of the first property to buy the second. Will…
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Want a mortgage for first time buyer
Hello All Thanks for taking the time to read my thread I am looking at taking out a joint mortgage for a property, i will be a first time buyer. The problem i think that i might have is that i have checked my credit file with experian and have found out that i have 7 defaults on mine and on my partners she have no defaults…
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which option?
I have a house, which I live in. It has a mortgage that I'm clearing at the rate of 1% per month (they didn't drop the repayment when the interest rates dropped), and the outstanding balance is at worse 35% of the property value. The outstanding balance is also "only" around 75% of my gross annual salary. I want to buy a…
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Looking for a Mortgage Broker for a property in Italy
We are interested in buying a property in Italy as a second home and are looking for a mortgage broker. Can anybody recommend a good broker? We are in the Dartford area. Thanks.
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Mortgage Time Line
Hey guys. We are in the process of obtaining our first mortgage. We have no chain, and neither do the vendors. We started the process off back in April. Through no fault of our own, the company involved has dragged its heels every step of the way. Instead of just issuing a list of items they require, they have waited until…
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On My own again
Hello everyone, I would like a little advice if thats ok. I have just been through I divorce and to cut a long story short I now has £7k from the sale of the marital home. I owe 2.5k on a credit card, interest free for 18 months. I owe 2.5k to a family member (I had to buy a car) and have a small overdraft of £500. At…
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Taking over parent's mortgage...
Hi, I wonder if anyone out there can give me some guidance on this situation? My mother, aged 74, is living on her own and is currently paying off her own mortgage. The house is worth approx. £180,000 and her mortgage is approx. £27,000. My brother and I (in full agreement with her) would like to either take in the…
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Overpaying an Offset Mortgage ... or Not?
Hi all, We have an offset mortgage and are generally happy with it. I thought I understood them but I want to double check this. I have read a few times over the last few days: "Even though rates have fallen, you should overpay on your offset tracker" - followed by no reason given. Instead, if you have the discipline to…
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PhD student salary
I've just called the Halifax and been told that the money I earn from my post as a PhD student may not count in their eyes if it's classed as a bursary. Has anyone experienced this before? I never thought that it would be a problem. I get a payslip at the end of every month from my university so always thought of it as a…
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New Mortgage with Bankruptcy history
Hi I was declared personally bankrupt in September 2006 and was discharged 10 months later. I managed to hold on to my house and have always kept up the repayments and have never missed a payment. I am currently with natwest and have a house worth about £100k and a £65k mortgage. I am looking to move house with my wife who…
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Mortgage Broker recommendations?
Hello Moneysavers Just wondered if anyone can recommend a good mortgage broker? I do not want to pay a broker's fee. I am not knocking brokers and sure they do a fantastic job but what with the application fees and changing mortgage every 2 or 3 years it seems pointless paying a hefty broker fee on top of those too. Would…
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Northern Rock SVR Overpayment
Please could anyone advise if Northern Rock allow overpayments on an SVR mortgage. Are there any charges & how can you make the payments?
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Porting Mortgage
We currently have our mortgage with Accord and would like to port our Mortgage but would also like to borrow an extra £15,000.This would mean we would have a £68,000 mortgage on a house valued at £90,000 Could this be done on our income. I earn £20,000 my wife earns £10,000 per annum. cheers:confused:
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Advice needed please, 9s there a mortgage for us!!!!!
Hello everyone, i really need some advice, we had an offer on our house for £112000, our mortgage on this property is £89000, and we want to buy a property for around £145000. Since accepting this offer on our house my husband was made redundant, he got a new job straight away but took a drop in wages, and as he is in…
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Possesory title, Mortgage
Hi, i am trying to remortgage my house which has two title absolute and one possesory title on it. Does anyone have any experience on this issue or could let me know which lender would lend in these circustances. Any help would be great, thanks. Myrus.
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Question about mortgage interest vs. savings interest
First time poster, long time reader. I'm a First Time Buyer about to get my mortgage in place (for £187,495 at 5.84% fixed for 4 years). I've been doing a lot of ground work to see how many finances are going to pan out, but one thing struck me about the advice I read on the boards, and I wanted to see if this makes sense…
