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85% ltv
Have spoken to L+C and the best they can do is 85% LTV @ 5.69% for 3 year fixed with 1k arrangement fee. B/g -2 BTL properties, +ve cashhflow 200£ total (I know not great) - Salary 82k (started jpb 1m ago) - Additional Income 30-40 k (self employed contractual work) Looking for 175k property and AIP. Any good deals out…
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Pru endowments - any advice please.
We have 2 endowments, both still needed to pay off our mortgage. I have posted details here as far as I have been able to get them. Provider Ex Scot Am, Prudential, Unitised with profits Basic and bonus units 5239.823 Surrender value £6,834.82 (this value was £7,056 in Feb 09) Monthly premium £64.30 Maturity date Apr 2022…
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help from those doing lift scheme please
i have mortgage promise from halifax and lift form completed however i struggled to get other 2 quotes as most people had not heard of the scheme etc spoken to a lovely broker at first mortgage yesterday who kindly emailed me 3 key facts illustrations last night, will they accept those as my other 2 quotes if i print them…
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Question re. moving/remortgaging
I'll try to keep it brief: We remortgaged with Abbey in May. All went through with minimum fuss, fixed rate for 2 years. Now we're moving. So we have to reapply. We've done so, this time its the whole nine yards and they say we are coming up short on the check. this apparently is majorly affected by a 2k debt on a credit…
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Mortgage App and Credit Score
Hi everyone Hoping someone can answer a question. My partner has recently been turned down for a mortgage and we've figured out its partly due to not being on the electoral roll. We're trying to sort as much out as we can before trying again but my question is..... If my partner has had all his bank accounts, loans and…
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Rant!! Extortionate mortgage increase.
This is really just a rant. We have had a mortgage with UCB Home Loans for over 10 years and have always stuck with them because they have always given us very good deals. I change mortgage products every two years and at the moment we are on a tracker at 0.35% above base rate, so we are paying only £78 per month.:j…
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When to start looking???
Hi, My fixed rate mortgage with nationwide will finish in April 2010, when should i start looking for a new mortgage, do you have to wait until the old one finishes before you can find another lender? Thanks, Simon.
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85% LTV mortgage deals??
Hi, i am currently remortgaging from abbey and am looking for a good deal, has anyone come accross one, i have been searching the internet and have spoken to 3 brokers, but they are all rubbish My property value is 175,000 My mortgage is 147,000 25 years to go! This is 85% LTV I could possibly reduce my LTV to 80% but i…
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Surrender/Shortfall - IMPROVEMENTS !
L&G policy 21 yrs gone out of 25 - £61 p/mth £39000 sum insured SV -11/08 £15866 5/09 £15267 8/09 £16463 Shortfall at6% 7/09 £14510 8/09 £14110 Might be worth carrying on/waiting a while, before surrendering ? if the SV is going up like this ?? Terminal bonus down to 81% from 109% last year - doesn't look good forthe long…
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Natwest One Mortgage LTV reduction
Has anyone else suffered from the recent policy decision by Natwest (RBS) to reduce the LTV from 95% to 75% on their One mortgage? I took out a NW One mortgage last year and was apporved a LTV level of 95% of my property value. I took the mortgage out to give me the available funds to undertake a substantial extension…
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Mortgage break with Halifax
Hi Everyone, My partner and I bought a house last October with a 95% fixed rate mortgage from the Halifax. Rather surprisingly we discovered that I was pregnant in April and the baby is due at the end of December. I've read that Halifax will give a 6 month mortgage break and we decided that this would be a good option for…
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Help Please..
Hi all, Right I currently have a mortgage with Halifax, fixed for 5 years which ends in Feb 2012.. Well I am having a nightmare with barclaycard, I stupidly missed a payment, which i paid a few days later & they have recorded this on my credit file last month as payment late & account overdue? I paid it!!! Well i paid this…
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Mortgages/Endowments
I have a bit of a question which I am probably quite confused with myself. I have a mortgage which should end in June 2011. The mortgage is made up of 4 endowments and a repayment element. I know that the endowments will not meet the required amount (not sure by how much) but I dont know what happens at the completion…
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Partner left - wont pay mortgage
Hi My partner left me last year after he has an affair and we put the house that is in joint names up for sale. Due to the climate, the property still hasn't sold after 10 months. He has been giving me money towards the mortgage payments up to now, but has now told me that he needs to reduce his outgoings and the CAB have…
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Abbey 2 year fix for existing customer
I'd appreciate some comments on the offer I've been given and the situation I'm in. :money: Some background: £87,803 repayment over 25 years. LTV ~ 73% If I want what they're offering, I have to decide on a remortgage with my current lender, Abbey, in the next few days. I got the paperwork on a 2 year fix @ 4.49% with a…
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Can they do this?
I have had a 2 yr fixed rate mortgage with GMAC RFC since Sept 2007. I have just received a letter from them saying that they have sold my mortgage on to a company called Gemini Holdings and that all conditions etc will remain the same. Can they do this without contacting me first? Has anyone else had this and have they…
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Mortgage renewal
Thanks to everyone that replied yesterday. This is the first time I have used this so I'm probably not quite doing things correctly! Ok so the Halifax won't penalise me on the valuation (several people warned me they would, shouldn't have listened). Yes I can revert to SVR but by doing so the repayments go up by £330 a…
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Decent rate expat mortgage
My sister is not currently resident in the uk but wants a buy to let mortgage. This would appear to be quite complicated with high interest rates. She has a 60% deposit. Does anyone have any advice?
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Looking to move - money tied up
After an inheritence, myself and my wife tied up money in investments and bonds. £60k poppy bond (Expires 31.12.09) -> £65k on expiry £37 hartford investment (5 year but could withdraw now without losing money, currently worth 41.5k) 4 x ISA's (15,200) We are looking to move to a 200k house and we have 103k of current…
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Endowment Policy - To Cash In Or Not To Cash In ?
Hi, first time poster ! I am seriously thinking of cashing in my endowment, and after reading some excellent advice on these forums, thought I would post my details in the hope that someone can help me decide. I took out a Commercial Union (now Aviva) Homemaker Policy in July 1997, but was lucky enough to be able to pay…
