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2, 3 or 5 Year Fixed?
I'm about to book a rate for our mortgage and the more I think on what period to go for, the more doubts I have. Currently about to book with HSBS with these rates: 2 Year Fixed 3.99% 3 Year Fixed 4.58% 5 Year Fixed 5.39% The 2 year looks a good deal but who knows what the rates are going to be in 2 years time? Any advice…
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Girlfriend House Agreement
Hi, I am moving into my new home in 4 weeks time. I would like to protect myself incase of any split . I.e Girlfriend has no rights to claim the house / belongings. We both are happy to sign a doucment to agree with this. The reason for this is due to my parents helping with a large deposit and its only fair i protect…
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When do I apply for new mortgage?
Am selling house - on market next week. Might sound like a silly question but I'm not sure how soon to apply for a new mortgage? Currently haven't seen anything I want to buy so might rent if house sells before I see something. However, when do you go to a broker and how long is mortgage offer valid for? Haven't moved for…
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Mortgage availability with debts to clear
Hi, our house will be on market in next couple of weeks and I'm concerned about how easy it will be to get another mortgage. We have about £40K of debts which we will clear on sale of house. We intend to have at least 15% deposit, maybe 20% if house sells for price we want. We will want a 5yr fixed rate mortgage. I'm sure…
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Endowment query
I have 2 endowment policies. One I had a successful clain and received £6000, which should cover the shorrfall but we will not gain any bonuses. The other endowment claim was turned down as they said they could find no paperwork to substantiate the claim that we were wrongly advised. Should we have taken this at face value…
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Just finished a mortgage holiday.......
and i'm after borrowing more!!! all arranged to go in and ask for £15k more for home improvements but they (Nationwide) are asking about my mortgage/ health protection policy saying that because of my holiday it may not cover it! i smacks of they're trying to flog me something i may not need. Any advise please?!
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Unsecured loan with mortgage..HELP please!
Hello, this is my first ever post, however I have read lots of others! I've never plucked up the courage to start one but this time I am desperately in need of some advice from anyone with abit of knowledge about mortgages please. My husband & I took out a mortgage a little over a year ago. We went to a broker (we paid…
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Credit rating
Our house is on the market and we would like to port our existing mortgage when we move. My lender told me I will basically have to go through the application process again and although they cant guarantee it unless I had gone bankrupt since taking out mym ortgage they would probably let me port it. I wondered, if I apply…
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Doing your own paperwork
Hi, I fancy rearranging my own mortgage. There are so few options available to us that I have no real need for advice from an advisor. The only thing I could really need an advisor for is to do the paper work. I spoke to a guy who I had used before when he was fees free but he now wants to charge £200 up front with £100…
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Joint Mortgage Help - Split Up!
Hello all I have a joint mortgage with my now ex-partner. We took the mortgage out with A&L in July 2007 on a brand new home. In the past 2 1/2 years we have owned the property, my partner was not contributing her 50% of the mortgage as we had agreed. The mortgage was taken out by DD out of a joint account which clearly…
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Mortgages for over 60s
Hi, Hoping someone can help me (or rather help my mother-in-law.) She is 63, and will need to change her mortgage next year as she is currently on a very high rate - about 9.5 per cent. But her financial history is poor and she has missed several payments with her current lender, and has fallen into arrears more than once.…
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Endowment Complaint - worth it?
Hi there I feel I have a valid complaint re. endowment and have never received any letter saying I am time-barred (Standard Life). The company who sold it is now out of busiiness so going thru the FSCS. However, the amount of info required is making me wonder if worth the hassle of digging out all the paperwork. I am just…
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Mis sold endowment
Hi all - this is my first post, so I am not sure if I have posted this in the right place!! - And I KNOW this will have been talked about and probably answered a million times over, but I just want to make sure I have covered every angle, before I give up! I was sold an endowment policy, at the tender age of 20, and from…
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First Time Buyer.
Hi, I need some advice please. I am trying to buy a property with my Girlfriend. The property is £110,000 i earn £25000. My girlfriend is a self employed Electrician, but only for the last few months (just qualified) perviously worked for an insurance company. She now earns around about £15000. I don't have a great credit…
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10 yr mortgage?
where did they all go? just looked at fsa.gov and can only find 5 yrs fixes? been looking at 75% LTV (even tho i dont fall into that category) for scotland i/o. think 5 yrs isnt long enough for my residential mortgage. are there any ? cheers edit...found some! how do you delete the thread? wheres the option? brittannias…
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Mortgage Transfer
My wife and I have divorced and I want to transfer the house into my sole name. She has agreed to do this for nothing as we tried selling the house without success. My provider-the Co-op have agreed I can take over the mortgage on condition that I own 15% equity in the house, I currently own about 9%. so to complete the…
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Mortgage Early Repayment Penalty (charge)
I remortgaged my house in June last year, and bought a new house in December. I'm currently selling the old house and wish to port the product. I'm told I have to surrender the product and reapply. Originally this was arranged as a fast-track application, now they say that can't apply and I'll need to be credit scored. I…
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HIP advice
Friends have had their house on market for past 10 months. They need to move due to loss of employment. They paid £100 upfront for the HIP but now have to pay the other £280.00 as the house hasn't yet sold. Obviously this is going to be difficult, anyone now of any ways of getting assistance?
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Borrowing on my mortgage
I have phoned my mortgage company today to ask to borrow an extra £10,000, to do the house up with. I have equity of about £150,000. as my current mortgage is £39,000. Because I have a M&S life of balance transfer running of £3000. they have said that they cant lend me any money because I dont have enough income:confused:…
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Natwest refused property deposit. What to do?
Hi All. Hope you can help? We have just had the bombshell of the century and I really don't know what to do about it. We applied for a mortgage at the end of May with Natwest. We told them we didn't have a deposit and that we would be taking out an unsecured loan for it and they said that would be fine, and even offered us…
