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Getting very confused.....need advice! best fixed rate & mortgage cover available
Need an experts advice as getting very confused......... Looking for our second house and researching mortgages at the moment. We plan to buy for £260,000 and fingers crossed we will have £80000 in equity from the sale of our current house. This is the best deal we have found so far: NatWest 4.39% 36mths £499 product fee,…
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How do I get a 100% mortgage with bad credit?
How would I go about looking for a 100% mortgage with bad credit history? I have a CCJ outstanding for £5000 so don't think I would be able to apply for any type of mortgage to be honest, however I have no idea how it works - the whole process is ridiculously scary! I earn £1120 per month so could afford the payments & am…
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fraudulent mortgage
i'll try to keep it breif in 2006 a business partner and i purchaced a property with a view to developing it. he put forward £65000 (raised against his own property) i mortgaged the remainder. He due to work commitment was unable to involve himself as was the deal and so we came to a deal where by i just paid his part of…
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Help with credit rating
I'm annoyed... :mad: (see!!) I changed my bank account last year and two advances I had on my current mortgage for some reason are showing as missed payments - it looks like the direct debit didn't go through on the first month, but it has shown a missed payment for EVERY MONTH since - not once did the Nationwide inform…
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Any broker/underwriter prepared to comment please?
I have a good income and i believe a reasonable credit rating with no ccjs etc, but 1 missed payment last feb due to bank error on a loan which was paid the next day by debit card. I have 3 outstanding personal loans with mainstream lenders totalling about £25k all generally running well apart from the missed payment…
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Mortgage before deposit....??
Bit of a strange one, but would like some advice to see if this is possible - will try to keep it short. Had offer accepted last week - was going to free up some equity on my current flat in order to pay the deposit (discussed with Nationwide, who were happy to remortgage as long as my borrowing didn't go over the mortgage…
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Is there a limit?
Hi, I'm posting on behalf of my sister. She and her former partner bought an ex council house together several years ago. They split up 4 years ago and she stayed in the house. Since they split he hasn't contributed one single penny toward the mortgage, she has paid it all herself. She has moved on and wanted to have the…
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Mortgage HELP!
Hi, I'm 23 and saving for a mortgage and hope to have a deposit sorted in the next few years. If I was to go for a house worth approx £100,000. As a rough ball park figure how much deposit do you reckon I would have to put down? 10k? Thanks, Darren
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repayment mortgage
we have an interest only mortgage . our 3 projected endowments show: 2 x orange alerts 1 x red alert. I am considering changing to a repayment mortgage for the rest of the 12 year term but do not know the procedure. Is it a simple case of phoning the woolwich or do I have to reapply . I have been overpaying to try and…
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Business mortgage comparison?
Hi there, Is there any site on the net that offers a comparison service for business/commercial mortgages? I've had a search but theres nothing like confused.com etc. that I can find! Thanks Ed
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Ex wife wants part of house!!
Hi. I've been seperated from my wife for about 8 years, but never got a divorce. We bought a house when we first got together, she lived in this for about 2 years. It is in my name and her name is not on anything to do with it. After she left i carried on paying into an endowment for about 2 years. I then cashed this in…
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lost endowment policy
I defaulted on a endowment policy a few years ago. I was going to cash it in as I had re-mortgaged to repayment type, I had lost the original policy and the endowment company were not very helpful. I have more time on my hands now and am wondering if it is worth chasing up. Any advice would be appreciated.
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Penalised re mortgage renewal and what to do
Thanks to everyone that replied. 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 and by doing so the repayments go up by £330 a month,…
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RBS Pension
Just received a nice statement from RBS showing my estimated retirement options (£'s) at NPD (Normal Pension Date), accrued from my 17 years service there. I read more and got excited because it mentions that currently the earliest age at which a reduced pension (or lump sum plus further reduced pension) may be paid is…
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Where do I stand.
I have a mortgage with Mortgages PLC and need some answers. 1) In 2006 they billed me for searches which they and the legal firm they instructed have admitted were not done. Apparently they took extra indemnity insurance that covers them and not me. 2) Now I find there is a "New Road Order" going straight through my…
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Moving a Mortgage to 2nd property
Hi All Hopefully someone can help me here. My partner works for a high st bank and is offered a very good staff mortgage that she has on her property. I have my own place with a mortgage with the same High st bank for my property that we both live in that ithe mortgage is currently on SVR, affordable but the staff deal is…
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"Housing crash not over"
http://blogs.telegraph.co.uk/finance/edmundconway/100000472/sorry-the-house-price-crash-isnt-over-yet/
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Releasing Foreign Property Value
Hi I've been looking for an answer to our dilemma for some time now but have got a little stuck! Short history: Five years ago we bought a villa in the Dominican Republic with the intention of moving there after a couple of years (life changing type of thing, got involved with an orphanage, mid-life crisis, new start, etc…
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Equity Release with Key Mortgage Solutions?
Mother in law has paid off her mortgage but owes £18000 in loans and credit cards. She is a bit sick of having no money each month and is considering equity release and has found a company called key mortgage solution centre. Her idea is to borrow about £50k pay off her debts and have some left over. She is going down the…
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Error in interest rate applied to mortgage
We have a repayment mortgage and there has been an error in the interest rate applied for 1 month. We were charged 4.89% (and charged £586.56) and should have been charged 3.39% (£530.19) on our mortgage. The lender has noted the error and is happy to refund the difference. But, they have said our balance would increase…
